Urals Energy Share Discussion Threads

[chavitravi2] 24/10/2018 10:21

Mm really hammered it down this am. I'm so far in the red now what's left may as well take a gamble with. It's not doing my anxiety any good that's for sure.

[martyn9] 24/10/2018 10:19

If there is a placing and time to structure one, these will get even further diluted.A short term loan imo the only saviour.

[ripvanwinkle3] 24/10/2018 09:07

You been taking the opportunity to average down Chavi?

[jakecat1] 24/10/2018 08:27

For any fellow 'bottom sniffers' out there - I would say that this may well be the catch of the day. Sorry to lower the tone. Understand the gloom.

[neftanik] 24/10/2018 08:18

Weather today at Kolguev now gusting to 53mph

[sportbilly1976] 24/10/2018 08:16

The MMs will not want to take on stock which at the end of the month could be worthless, end of.There is the £500 sh!t or bust gamble that it might get the cash or a promissory note and survive, but with only a few days to go 20p a share currently is more than nothing.

[martyn9] 24/10/2018 08:15

IT makes me wonder how this company survived on one tanker shipment alone in the past, drastic measures required now to save it.

[neftanik] 24/10/2018 08:06

Bloody hell

[martyn9] 23/10/2018 21:24

The plot thickens!!

[amargosa] 23/10/2018 21:07

AWOL, and for quite some time it would appear.

[martyn9] 23/10/2018 21:03

Someone commented today where's the CFO and what's his take on this farce?

[gaffer73] 23/10/2018 20:13

And what about this 'potentially substantial discovery'!!!

[martyn9] 23/10/2018 19:40

It looks to me the bod have bitten off more than they can chew by getting more involved in the port with shareholding and more directors to pay. The outcome will be known at the end of this month.

[geoffmanana] 23/10/2018 18:08

As posted earlier I'm out...….the figures do not add up.
I also posted a few days ago what the auditors have been doing.
My average for the 20k I bought was just over £1......if it looks too good to be true then quite often it is.
GL to all still in.

[gaffer73] 23/10/2018 18:04

What they need is a loan or a placement, if not it is over.

[bengal1] 23/10/2018 17:31

Oh dear....

[neftanik] 23/10/2018 17:18

Today at the loading buoy winds reached 22mph. They will never be able to loadIn those conditions if it keeps up

[neftanik] 23/10/2018 17:15

You window to get out is fast closing. I personally thing UEN will not exist this time next month

[amargosa] 23/10/2018 16:56

I'm not sure the CFO should still be in post- or any of the other board members; they have been asleep at the wheel or worse.

[nick rubens] 23/10/2018 16:17

Profit?? Am I misunderstanding something?

"even after the net cash inflow from the coming tanker shipment the Group will continue to face a working capital deficit of approximately US$3 million."

[defender3] 23/10/2018 15:36

market cap today $3.98m. tanker loading in next 2 weeks with aprox $8-9m profit ,were do you think this is all going to go . company assets worth between $ 60m and $ 80m and the board and its largest share holder fighting over aprox $ 2m every one should sit tight and not run each other down

[nick rubens] 23/10/2018 15:33

cheers takeachance1 I re-read the RNS dated 15th Oct, $1.6m 'unauthorized' plus the working capital advance to the Kholmsk port of $1.5m which I presume was authorized and budgeted for.

Even if the unauthorized loan gets paid back then according to today's RNS UEN would still have a shortfall (the amount advanced to Kholmsk port)?