Show Notes
After its recent run, UK Oil & Gas (UKOG) announced the disappointing news on Monday that planning consent had been refused for the Loxley Portland gas appraisal project, then followed through on Tuesday with a hard dose of reality in the form of interim results.
Those who had been buying based upon an organised social media ramp saw the share price back to where it started and lost half or more of their investments; those who engaged the rampers to clear the placing stock and warrants had already taken their money. They’re quite open in last week’s RNS that “raising funds from equity remains the most prudent and only feasible way to fund projects” so further large placings are certain.
Listen On
Also Listen
-
Altona Rare Earths PLC (LON:REE) Dr Cedric Simonet spoke with Share Talk
Share Talk interviews Cédric Simonet, CEO of Altona Rare Earths (LON: REE), to d -
Zak Mir talking to Eddie Wyvill, head of Corporate Development – Amaroq Minerals Ltd.
Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine dev -
Zak Mir talking with Nick Tulloch, Chief Executive Officer of Mendell Helium
Zak Mir interviewed Mendell Helium CEO Nick Tulloch regarding M3Helium's new far -
ECR Minerals (AIM:ECR) Chairman Nick Tulloch, MD Mike Whitlow, Technical Consultant Mike Parker and Director Andrew Scott
ECR Minerals, a gold exploration company with assets in Australia, is making sig