Urals Energy Share Discussion Threads

[calmtrader] 30/3/2017 15:59

sportbilly that will make fantastic reading and really show silly rating

[martyn9] 30/3/2017 15:53

My only reservation is the board using their own drilling team at south dagi,past history shows their own lot have had poor success!!time will tell i suppose.

[sportbilly1976] 30/3/2017 15:45

Interesting...

"The Company is engaging Blackwatch Petroleum Services to prepare a Competent Person's Report on its portfolio of licences. It is expected that this will be completed in June 2017."

BoD looking to highlight the disparity between assets and valuation??

[calmtrader] 30/3/2017 15:37

just bought 25k

[calmtrader] 30/3/2017 15:34

yep very good news

[martyn9] 30/3/2017 15:30

I take back what i said!! reassuring rns and positive moving forward.

[martyn9] 30/3/2017 09:42

Sport,i hope we do get an update Q1 as promised,but this is UEN and their company timing for rns is usually poor.

[sportbilly1976] 30/3/2017 08:50

Higher lows and a steady high....something has to give at some point.

Hopefully we will get an update either today/tomorrow as promised (by the end Q1)

[gregpeck7] 29/3/2017 20:11

I suspect there is a seller here chaps..

[calmtrader] 29/3/2017 19:24

Interesting..not sure but post it anyway?

[canny lass] 29/3/2017 18:48

No problem Chav.

[calmtrader] 29/3/2017 18:37

Canny. You know a bargain!! Can I DM you about something?

[canny lass] 29/3/2017 18:08

I have put an order in for tomorrow. At 5.5p it seems a steal with hopefully some good news due in the coming needs.

[calmtrader] 29/3/2017 15:15

basem1 i like your style

[basem1] 29/3/2017 14:48

Took a cheeky 75k. The ones I sold at 6.07. Rude not too.

[martyn9] 29/3/2017 14:41

217k all buys and no tick up!!manipulated as usual.

[topicel] 28/3/2017 17:21

Guys, given the P2 reserves and the daily production, it will be a cold day in a hot place before we extract what we have at the rate we are currently pumping.

So, what chance is there that UEN will put its foot down and deliver more barrels per day this year? To me this is the obvious key to the re-rating here. The cash flow needs to be increased for investors to bite and I'm curious as to what options they have now as previous attempts to get more out have hardly been successful, have they?

The next update should add more to this conundrum I hope.

Topicel

[topicel] 28/3/2017 14:47

Ah, you've noticed the 5…25p that was glaringly obvious a few days back when I suggested big balls players who had control of the spread could take advantage of 6p to short back to around there ahead of news...

Absolutely news driven rather than predators as long as our BoD wish it to move up of course!

Topicel

[calmtrader] 28/3/2017 14:38

so the right price at the 5.4 to 5.5 interesting!!

[sportbilly1976] 28/3/2017 14:26

almost a buy point (purely off the chart)....5.00-5.50 would technically be 'spot on'!

[martyn9] 28/3/2017 14:20

yes canny,i see the mm's have reduced the spread in an effort to encourage trades.But news as promised this week would do the trick.

[canny lass] 28/3/2017 14:11

Agree Martyn, it needs some news to draw interest.

[martyn9] 28/3/2017 13:11

lets have some news this week,get this moving again.

[gregpeck7] 27/3/2017 18:05

No probs sport billyHur is my largest and most solid holding imoPanr is my dodgiest!And uen is my 'potential' baby...

[topicel] 27/3/2017 16:13

Will they risk 5.25p as I surmised last week? Plenty of takers if so I'm sure.

Higher lows intact.

Topicel