Upland Resources Share Discussion Threads

[tyler90] 21/9/2020 11:02

Then chill & don't stress if you want to live a long, healthy life The q to ask is about timeline of the next phase of works...I will let somebody do that

[soulsauce] 21/9/2020 10:58

I have enough thank you tyler. There are much better things than this to be putting money in at the moment.

Cheers yogaboy.

[yogaboy] 21/9/2020 10:53

"I would sooner the company actually get on with things in a timely fashion and produce something that can be assigned a value rather than have the likes of Flowcomms spew out some fanciful narrative."Nailed it soulsauce.

[tyler90] 21/9/2020 10:39

Look at the proximity of Hassi R'Mel to Saouf. Stocks are about risk and reward. I could be wrong but my experience tells me with this RNS the risk has decreased and the reward has increased for this stock. Somebody has to get in at the bottom, why not you and me?

[soulsauce] 21/9/2020 10:38

'presently' lol.

[tyler90] 21/9/2020 10:34

"Progressing the work programme at our Saouaf Prospecting Permit in Tunisia is presently our top priority as we start eyeing further material prospectivity there."We need to keep on top of them with the above and yes, what are they spending the £470k on....you know, the new deals that were ready to be closed off? Have those been abandoned?

[tomboyb] 21/9/2020 10:27

Saouaf licence compared to the giant 85 TCF field must be saying something -

Wait and see more about the licence -

[soulsauce] 21/9/2020 10:25

I would sooner the company actually get on with things in a timely fashion and produce something that can be assigned a value rather than have the likes of Flowcomms spew out some fanciful narrative.

[tyler90] 21/9/2020 10:20

Talk to prospective new investors, large and small about the future potential of the company. Talk to financial journos etc. You know the things PR folk do!

[soulsauce] 21/9/2020 09:33

And do what tyler?

[tyler90] 21/9/2020 09:32

Look at the wider marketLike I said, this is the time for Optiva, Flowcomms and FTI to earn their fees!!!

[soulsauce] 21/9/2020 09:23

And there you have it, a collective shrug of the shoulders by the market as the realisation hits that we are still a way off of anything tangible.
Shameful waste of time over the last 18mths on that licence.
FFS pick a direction and stick with it.

[aimbagger] 21/9/2020 09:17

Brunei news likely to land next I would have thought, MoU in place already.

[michaelwhight] 21/9/2020 09:10

Well good news that they are now going to focus on Tunisia. After all the flurry in Sarawak maybe things are again looking longer term. Its an opportunity for some to jump ship today I guess as when is there likely to be more news?

[spangle93] 21/9/2020 08:43

It's indeed a promising statement, but let's set it in context, by remembering on how little data over a large area they are making these assertions.

[nlmbidc] 21/9/2020 08:29

I guess there will be a few calls to the company today from interested parties.

[tomboyb] 21/9/2020 08:11

A potential monster in the making -

hmm -

[tomboyb] 21/9/2020 08:08

Regional analysis of existing and new plays were completed, identifying a promising sub-salt play, new for the Saouaf area but well proven in Algeria and Morocco. Comparisons were made with the giant gas field of Hassi R'Mel in Algeria (85 TCF of natural gas recoverable) and the recent gas discovery at Tendrara in North-Eastern Morocco (0.9 TCF recoverable + 8 TCF potential).

[ride daice] 21/9/2020 08:07

Tunisia is the only reason I hold here. I'm a sucker for a surface seep.

[aimbagger] 21/9/2020 07:58

"Comparisons were made with the giant gas field of Hassi R'Mel in Algeria (85 TCF of natural gas recoverable)"85TCF!!! That's insane.The TransMed pipeline runs straight through our Souaf licence as well meaning a large amount of infrastructure already in place.$1M in the bank set aside for work in Tunisia and Mcap just £5M! This is hugely significant. Brunei & Sarawak news still to come also.

[tyler90] 21/9/2020 07:45

I have been critical of the company and will continue to say it as it is but this is a significant RNS. Those with experience in the O&G sector will quickly realise the significance of comparing to one of the largest gas fields in the world. AIMHO & DYOR

[thejaba] 21/9/2020 07:35

This could move upl into the big league on its own, you don't make comparisons like that unless you are satisfied yourself