Upland Resources Share Discussion Threads

[soulsauce] 31/7/2020 20:28

Not really tyler, a bit odd.

[tyler90] 31/7/2020 20:15

Cannot work out why so many largish volume sells below the last placing price of 0.7p...any thoughts!

[soulsauce] 31/7/2020 16:32

Probably just another one of nlmbidc throw away remarks. The share price continues to allude to this disappointing again.

[tyler90] 31/7/2020 15:45

Unless something happens in the next 45 minutes the price action does not suggest so!

[soulsauce] 31/7/2020 07:54

Oh well may be something next week 🙄

[tyler90] 30/7/2020 16:44

Down 10% yesterday and only up 3.7% today :-(

[soulsauce] 29/7/2020 17:20

He's got to do something to see the price go up 🤔

[tyler90] 29/7/2020 16:54

"As part of the Placing and Subscription, Chris Pitman, CEO, has subscribed for 7,142,857 new ordinary shares of no par value in the Company at 0.7p per share" I am sure he bought them like the rest of us to see the price go up! 10% down today when POO is on the rise

[tyler90] 29/7/2020 12:42

Or for annoying the cornerstone investors with his constant use of the phrase 'near term'!!!

[soulsauce] 29/7/2020 12:03

It's ironic that Staley was booted out for poor performance 😄

[tyler90] 29/7/2020 11:01

Keep saying it...Upland have redefined the meaning of 'near term' over the last 3 years! lol!

[yogaboy] 29/7/2020 07:41

SeveralNear termHighly attractiveOpportunities...and 2TCFAll for a £5m MCap. Jeez....

[tyler90] 28/7/2020 15:59

I had to look up what obfuscation meant but yes, I agree

[soulsauce] 28/7/2020 12:39

Lol of course not, why would such a statement mean the same thing at Upl.

Obfuscation in all it's glory.

[soulsauce] 28/7/2020 11:59

To close deals leads one to believe that the money was all that was needed does it not?

[tyler90] 28/7/2020 11:09

'near term' is a few weeks or a couple of months. Anything longer and it should be 'next quarter'

[nlmbidc] 28/7/2020 10:47

You have to remember how many steps are involved. The first (now they have the data) is to sign up a partner or two.

[tyler90] 28/7/2020 10:40

Exactly and they needed funds to close them so now they have the money.......

[nlmbidc] 28/7/2020 10:38

The Company presently has several near term highly attractive transformational licence opportunities under review in South East Asia including Sarawak, Brunei and wider Malaysia, together with its present licence interests in the Tunisia and the United Kingdom.

[nlmbidc] 28/7/2020 10:35

There are multiple deals according to the RNS.

[tyler90] 28/7/2020 10:23

I know all that but the raise was partly to close 'new deals'...that needs to happen.Cannot raise funds and then the deal 'conveniently' fall through

[euclid5] 28/7/2020 09:36

Tyler, it depends on the field size of resources & where the break even price is - otherwise that also stands for all O&G co's based on the low price of oil

Our sector isn't in favour at the moment - Biotech co's are at present - but that doesn't mean we should pass on all small O&G co's

[tyler90] 27/7/2020 14:32

2 weeks since the £470k was raised. Time we put it to use. Not worth keeping it in the bank with interest rates so low