Upland Resources Share Discussion Threads

[soulsauce] 27/10/2023 07:39

JakNife burning the midnight oil to repeat the same old stuff. Laughable.
And still signing off his posts lol.

[jaknife] 26/10/2023 22:44

The "takeover stuff" has zero merit, it's so obviously a scam that I'm surprised that anyone believes it.

That leaves investors paying £46.6m for a company that:

A. Has immaterial tangible assets

B. Has a board of directors that can't be trusted as they're happy to play along with a fake takeover scam

C. One day, if it has the money, might be able to pay mega bucks for a license to drill for oil (let's cross fingers that the license is awarded) after it's first commissioned some proper 3D seismic to confirm the desktop study that it's paid for but doesn't control

But UPL doesn't have the money to pay for the license, doesn't have the money to pay for the 3D seismic and doesn't have the money to pay for a drill. It probably needs to raise at least £10m.

JakNife

[peakyblack] 26/10/2023 22:30

Jury is out on the takeover stuff. That is just noise -The real prize comes WHEN the PSC gets announced and the drilling begins there. The takeover stuff is a free option if it indeed has any merit

[peakyblack] 26/10/2023 21:42

And this one dimensional, inability to
Join the dots view is why you have and will continue to miss out on this opportunity.

[jaknife] 26/10/2023 20:29

henrymcivor1,

"#UPL SK334 licence block has hydrocarbons showing at the surface. Historical studies estimated around 700million barrels in the surrounding areas…."

But this is irrelevant given that UPL doesn't own SK334 and doesn't have a licence to drill licence SK334. You might just as well have posted the details for one of Shell's major oil fields, UPL doesn't own any of them either!

JakNife

[haggismchaggis] 26/10/2023 15:23

Makes even more of a case for him submitting the offer officially, within the 23 days left under Rule 2.6a.

[goforgold1] 26/10/2023 15:21

It will be when it's been happening for the past few days hope you did not buy at 8p

[haggismchaggis] 26/10/2023 15:18

From DownToTheBone on LSE:
.
William Bollinger (Egerton Capital) is worth £1bn according to the Sunday Times Rich List . He is at no. 168.
.

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or
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So he turned 75 million in 2008 into 1 billion in 2023!

[simon8] 26/10/2023 14:56

45m shares at circa 4p out of a >1b in circulation is hardly massive dumping.... muppet!

[goforgold1] 26/10/2023 14:53

Massive dumping today

[henrymcivor1] 26/10/2023 14:16

#UPL SK334 licence block has hydrocarbons showing at the surface. Historical studies estimated around 700million barrels in the surrounding areas....

[haggismchaggis] 26/10/2023 14:04

"William Guest Bollinger (born November 1955)[1] is a former hedge-fund manager reported to have a personal fortune of at least £75m in 2008.".hTTps://powerbase.info/index.php/William_Bollinger

[stealive] 26/10/2023 13:19

20 per cent spread. About to explode.

[oilisgold] 26/10/2023 12:33

ignore TW crew and the shorters. Looks like 6p coming end of today or tomorrow

[oilisgold] 26/10/2023 12:32

Wow , looks like warrants cleared and now converted into shares.

14p was first offer. I my experience next offer will be at 20% premium.

This is once in a life time opportunity for many investors here. take it with both hands

[longpositions] 26/10/2023 12:28

No problem PWhite73 - it will be interesting to see other disclosure notices and TR1s if there are any.