Urals Energy Share Discussion Threads

[chavitravi2] 27/7/2018 17:30

Yer, sold out big time. Gutless performance. Gutless PM, treasonous MP's and remainer civil service.

[martyn9] 27/7/2018 14:19

Agreed darren and also hang on to some investors!!

[darren81] 27/7/2018 14:10

I know they may not be legally required to give an update by the end of July Lalria but given the shambles their drilling program has been in recent years, it would help keep some modicum of good investor relations if they did

[darren81] 27/7/2018 13:42

Would also be good to get final flow rates from the first workover as well as progress on the workover of the other wells as well.

If the problems with the rig are fully resolved and they are able to drill at same expected rate for the last 6 weeks, given favourable weather during the next few months, I'd hope two more wells could be completed by EOY - if this is achieved then hopefully the 1000 bopd they've mentioned can be achieved by then.

This will definitely catapult the share price to new levels.

[lalria] 27/7/2018 13:39

Guys the below was what was on the RNS. There is no guarantee and they haven't actually said they will announce update before end of July. So if no RNS comes out don't be surprised. The company are well aware of what they are regulated to announce and when.

The drilling programme at South Dagi is now proceeding satisfactorily as announced on 19 June 2018, and we expect to complete the first well before the end of July 2018.

[darren81] 27/7/2018 13:18

An update later today, if positive, might generate some press coverage over the weekend and could lead to a better open.

we just need the BOD to deliver some positive drilling results and to put a positive spin on it rather than the usual RNS tone they adopt!!!!!!!!

[chavitravi2] 27/7/2018 13:11

An update Monday would be good rather than late today.

[darren81] 27/7/2018 10:59

I hope they clear up the mystery around clearing debt / current cash surplus position in the next RNS as well!

[darren81] 27/7/2018 10:58

I think they would've already announced if there was a further delay - they did so well in advance last time.

[martyn9] 27/7/2018 10:41

Nearly the end of july and still no news regarding SD drill.My gut feeling is we will get another delay rns,i just hope i'm wrong.

[geoffmanana] 26/7/2018 20:32

Yes Martyn, fingers crossed.......my largest holding.

[martyn9] 26/7/2018 13:08

Maybe BPC will come good geoff? apologies O/T.

[geoffmanana] 26/7/2018 12:58

The fact the share price is so low makes taking the company private more realistic in my view.
The bod must be disillusioned to say the least.
fwiw I hold 20k at over a pound, and not looking to add more.

[martyn9] 26/7/2018 11:20

I'm sat on the fence personally with this company now,hopefully with a terrific drill result at SD the company needs seriously marketing or will continue to bounce along the bottom.

[darren81] 26/7/2018 11:11

The latest Q&As confirm the major shareholder has no interest in taking this private!!!

Why not do this n the last 10 years Bengal when they’ve had ample opportunities to do it? Reasons please rather than just flippant remarks??

The two of you are bitter holders who obviously lost a lot many years ago, move on with your lives and stop talking down the company on that basis.

We will have a clearer picture on the course this company will take in the next couple of months.

[bengal1] 26/7/2018 10:58

Neft is correct.

[lalria] 26/7/2018 09:10

Darren don't worry about him.

Neft,you are totally deluded old son

[darren81] 25/7/2018 23:23

Neft, can u please tell me why you’re still here 10 years later? It really really baffles me!

If they wanted to take this private they’ve had ample opportunities over the last 10 years mate...they haven’t!

[neftanik] 25/7/2018 22:35

So if there is a joint venture, who would be the partners? Urals Energy (a holding company governed by Cypriot Law) or Petrosakh/ Arcticneft (governed by Russian Law)? If the operating companies were taken private under Russian law, what come back would AIM Investors have? Oh wait, maybe that's why the share price is so low

[fromthesidelines] 25/7/2018 19:09

lse showing that trade dated 24th July so maybe reason for drop??

[darren81] 25/7/2018 17:55

two rather large trades after the bell - 42.5k each at exactly same price of 88p, suggesting it’s not a rollover/transfer between accounts.

Given the drop over last couple of days must be delayed sells - now they've cleared, hopefully we can move northwards again...after Friday morning :)

[lalria] 25/7/2018 14:23

that would make 2 of us matey.

[neftanik] 25/7/2018 14:17

Lalria, you are totally deluded old son.

[martyn9] 25/7/2018 13:31

No problem darren, let's continue the long haul gambit for now :)