Upland Resources Share Discussion Threads

[apfindley] 25/7/2024 12:49

So many gullible people who can't read an rns.They were duped last time by a fake takeover bid.Now they're being duped again by deals and licenses which haven't even been awarded.

[1choip] 25/7/2024 11:53

zak mir charting show very oversold

[blakesmith] 25/7/2024 10:43

Oppenheimer is back after selling and re buying Waiting for the Oppenheimer lse pump

[genierub] 25/7/2024 10:38

This is about to get sent by HotStars.

Seriously start loading. They are going to send it up

[showme01] 25/7/2024 10:26

IMO, with the AGM on Tuesday, only a matter of time before this starts to move back to where it left off a few days ago.

[jungmana] 25/7/2024 09:57

Miracles do sometimes happen on this market. PPP is a good recent example . A similar small gamble there paid off nicely this week

[jungmana] 25/7/2024 09:49

As a gambler , I bought some at 1.20p.A GBP 4k punt

[goforgold1] 25/7/2024 09:08

Scam Scam Scam

[apfindley] 25/7/2024 08:52

This company and directors need investigating.Previously a fake bid was created to boost the shareprice. It was all just a hoax and proven so.The latest game to try and shore up a plummeting shareprixe, is to release an rns about market speculation, which doesn't actually detail or mention such speculation, but instead the rns is used as a platform to try and boost the shareprice by taking about many "possible" things which haven't even happened.

[deanmatlazin] 25/7/2024 08:42

oppsss...the share price is not going up that much.

He still have another trick under his sleeve...a takeover speculation like last time. That should make the price ticking up 400%!!

[zengas] 25/7/2024 08:31

Despite saying they are in communication with the state government, the Govt hasn't told them anything new or they'd quote it.

All they've been able to do is quote a 9 month old government statement about 2025 drilling.

UPL then refer to the JTS and state that they have unique advantages over other potential bidders in a competitive bidding process.

UPL now acknowledge the bidding process that Petros have mentioned. Petros stated as later in 2025 and if on the same timelines as the others announced yesterday, it would indicate no decision until April 2026.

Debatable how UPL can determine that they have unique competitive advantages in a bidding process when they don't know who or what companies are also talking to the government and their own individual firepower. My assumption is they would say this to try and calm investors but it's meaningless (imo).

UPL may be ready to commence but thats the government decision now some 8 months after the JTS was submitted and there is absolutely nothing quoted from either the Government or Petros today in that RNS.

UPL have identified 'potential' partners for operatorship ? Surely these 'potential' partners that would like operatorship could just as easily be interested in the bid process as perhaps others may who won't be talking to UPL.

Nothing new that isn't known except they now acknowledge a bidding process that Petros have stated.

Looking forward to meeting shareholders at the agm, well they can't say anything else other than that. But once it's over, i expect it to be a drawn out waiting game with no one having to face shareholders for another year.

I could be wrong and it's only an opinion but i beleive they'll be caught up in a competitive bid process which they have acknowledged as out there.

See what others make of it in the coming weeks but i expect there's buying by some thinking its still a done deal and a combination of a lot of shorts closing to give it the bounce back this morning.

[2prsimo] 25/7/2024 07:53

It's just another poor attempt to keep the plates spinning but eventually the music will stop.

[jungmana] 25/7/2024 07:51

Looks like the management believe they are the front runners in any competitive bidding. Hence all the planning without the licence (psc) in hand.With other big players circling let's see what happens soon

[genierub] 25/7/2024 07:50

Wow 1.5p already and 100M traded.

Massive rise coming.

[mally6] 25/7/2024 07:48

Not working the more you try the higher this is going

[apfindley] 25/7/2024 07:41

1. In communication ... to secure2. Potential drilling3. Other potential bidders4. Potential partners.This above in response to 'market speculation'.Did anyone hear any speculation?If there was, the shareprice would've gone up instead of down.The rns is their reply to the falling shareprice, the company are pulling a fast one again like with their FAKE bid which they shouldve been prosecuted for...

[genierub] 25/7/2024 07:38

"Following its application for an exclusive award with the Government and Petros the Company has built an experienced team, made up of local and international experts, who are ready to commence operations on Block SK334."

THAT IS THE BULLISH RNS STATEMENT TODAY.

THEY HAVE IT IN THE BAG

THIS GOES 400% TODAY AHEAD OF AGM ON TUES.

[zahid16] 25/7/2024 07:38

This is ready to fly

[pwhite73] 25/7/2024 07:35

The point being if they are all ready to go with Petros and partners why the delay until August 2025. The whole thing still stinks.

I also suspect they are using the recent volatility to place news shares. They will need further funding if drilling does not commence for another year.

AVOID.

[soulsauce] 25/7/2024 07:35

Still worded like an MPs lawyer has written it and not wholly clear but will take that for now but it should have been out much sooner.