Upland Resources Share Discussion Threads

[jungmana] 16/2/2018 10:25

The 556k is a buy reported an hour later

[billyboychrisd] 16/2/2018 10:10

Haha, thanks, you are right and I'm usually the one correcting people ;)Lots of buying and very little selling, looking positive right now

[tyler90] 16/2/2018 10:04

£200m mkt cap would need a phenomenal oil or gas find.

[soulsauce] 16/2/2018 10:00

thejaba if Wick comes in or one of the other assets then of course it will be much more than 5p, I am saying 5p ahead of drilling Wick.

[thejaba] 16/2/2018 09:55

My target is much much higher than 5p. Try 5 in front of it.

[argyle underclap] 16/2/2018 09:47

BillyBoy - Upl is main market listed. Not Aim

[tyler90] 16/2/2018 09:47

Friends this is NOT an AIM stock & secondly, I think Tune's investment has been banked :-)

[kemche] 16/2/2018 09:42

Immininence?

[soulsauce] 16/2/2018 09:39

Very hot today.

Yes billyboy I have a similar target, of course all depending how much more equity they need, but even with one decent raising 5p should still be achievable.

[billyboychrisd] 16/2/2018 09:35

Target prices are generally pretty useless with aim, but my target price is 5p+ initially and then I'll re-evaluate my position.

[yogaboy] 16/2/2018 09:31

Added another 500k to take me to just over 2m. Now we wait...

[fillipe] 16/2/2018 09:29

I don't see any published tp's - anyone with a ?pence view?

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[soulsauce] 16/2/2018 09:25

Going great guns today, we all know where this is headed ;-)

[fillipe] 16/2/2018 09:21

BId/Ask strong, with a very sensible spread showing now 1.70p v 1.75p.

[caters] 16/2/2018 07:53

Blue day today, I reckon

[soulsauce] 15/2/2018 16:27

Double agree ;-)

[billyboychrisd] 15/2/2018 08:48

Well I don't quite consider myself a friend, but I did take the opportunity to top up yesterday. Long term, this is going one direction only.

[tyler90] 14/2/2018 16:37

"Applications for such admissions will be made to the UK Listing Authority and to the London Stock Exchange upon receipt by the Company of the aggregate Subscription Price."I can understand regulatory delays by authorities but depositing the money and confirming this should not be too difficult a process, especially when you have announced it and made such a big fuss about it. Surprised no RNS has been forthcoming this week since it was stated that the transaction was expected to complete by 9 Feb.Maybe, the drift in the share price is to allow friends to get some cheap shares? Surely not!

[euclid5] 13/2/2018 15:35

Moray Firth - Offshore P2235

Under the terms of the Agreement signed with Fyrd in December (see above for more details), InfraStrata acquired a 25% interest in UK Promote Licence P2235, offered to Fyrd in the UKCS 28th Seaward Licensing Round.

P2235 comprises Block 11/24b (part) and contains the Wild Boar Prospect, 3 kilometres North East of and structurally updip of the producing Lybster oilfield within the Moray Firth. Fyrd estimates that if successful the Minimum, Most Likely and Maximum Prospective Resources to be 10, 70 and 266 million barrels of oil ("mmbo") respectively (net InfraStrata 2.5, 17.5, 66.5 mmbo respectively). The prospect lies close to the coast and there is the potential to drill an exploration well from onshore to offshore.

The JV group will need to conclude funding for a well prior to December 2016 in order to proceed into the last two years of the initial term of the licence and drill a well prior to December 2018.

[...]

[soulsauce] 12/2/2018 15:28

Agree tyler. The news re Corallian today is very intriguing.

[tyler90] 12/2/2018 15:26

Soulsauce, good price on the offer. Folk can see a bargain when one turns up.

[soulsauce] 12/2/2018 15:23

Good volume today ;-)

[soulsauce] 12/2/2018 13:24

Cheers cash. Begs the question though why Corallian would farm down 40% to Upl and then look to buy back a 15% stake to take them back to 40% unless they think they can get that 15% on the cheap or now that Upl has reappraised the seismic they realise that it is better than first thought.