Results

Is Tom Winnifrith right to out companies doing placings?

Published 4 days ago

The busting of a placing by AIM-listed UK Oil and Gas (UKOG) at 1p by Tom Winnifrith has caused a bit of controversy. It is not the first time he has been accused of being irresponsible by blowing the lid on a placing only for it to be pulled or the price dropped. Anyone left holding the baby gets their fingers burned – in the recent example quite badly if they had been buying into the ramp at north of 1.4p only to see the company raise cash at just 0.8p. Is it right?

Investigative Journalism is NOT insider dealing - even our own house BBM Wildes should get that

Published 5 days ago

Our in-house Bulletin Board Moron Wildes has his knickers in a twist claiming that our multiple scoops on the placing at UK Oil & Gas (UKOG) are in some way insider dealing and that the share price crash is down to us. Bollocks. I shall try to make this simple, so that even a simpleton can understand.

UK Oil & Gas - Steve Sanderson you are either a liar or a deluded fool or both

Published 7 days ago

As we predicted here, the UK Oil & Gas (UKOG) placing to raise £6.5 million has finally limped over the line at 0.8p. Lagos Securities had tried to raise the cash at 1p but we outed them and the price had to be slashed. The shares were 1.4p before the roadshow started. So how would you describe a placing that has seen the market cap slashed from £36 million to £22 million pre-new money as the shares tumbled. Over to odious prig "little" Steve Sanderson.

The Sheer scale of value destruction of that (failing) UK Oil & Gas Placing - who should be fired?

Published 10 days ago

As we forced it to admit on May 9th, UK Oil & Gas (UKOG), the Horse Hill explorer run by pompous little prig Steve Sanderson is trying to raise c £6 million. The shares before that scoop were 1.2p mid. But having raisred to get the issue away at 1p, hapless broker to frauds like Quindell, Lagos Securities is now struggling to get it away at 0.8p as we revealed last night. Just to put the value destruction in perspective...

Breaking: UK Oil & Gas slashes £6 million placing price to 0.8p - Source

Published 10 days ago

Even in the Snakefields of Greece I keep on breaking news! On 9th May I revealed that UK Oil & Gas (UKOG) was endeavouring to raise £6 million at 1p - with the shares then trading at 1.2p bid. That forced an angry admission from the company that it was all true. Another scalp and fine piece of investigative journalism saw the shares then tumble to 1p. For long suffering holders and believers in Horse Hill, I have more bad news.

Breaking - UK Oil & Gas - placing underway at 1p: source

Published 17 days ago

Even here, half way up a Greek mountain in the snakefields, word reaches me of a major fundraising being undertaken at 1p by UK Oil & Gas (UKOG).

Horse Hill Developments Limited – a new mysterious buyer and seller of shares – Essendon Investments

Published 173 days ago

I previously published a previous article about the various transactions between Angus Energy and other parties in connection with Horse Hill Developments Limited (“HHDL”). Including two very private companies namely Danadav and Flowermay which sold HHDL shares to UK Oil & Gas (UKOG) and Evocutis. 

UK Oil & Gas & the Horse Hillers - update on planning timetable needed

Published 201 days ago

On 17 October UK Oil & Gas (UKOG) announced that it had submitted a planning application for the next phase of drilling at Horse Hill in Surrey. It stated that: "The normal local planning authority cycle for an application not requiring an Environmental Impact Assessment such as at Horse Hill, takes approximately 13 weeks." So that means January 16. er...no

SHOCKING: Horse Hill & UK Oil & Gas: why will no one explain who just made a million quid?

Published 307 days ago

UK Oil & Gas (UKOG) has today announced that it has bought another 6% of Horse Hill Developments, 3.9% of the Horse Hill Field for £1 million. The deal makes no sense at all and stinks at every level. Here is why.

Tom Winnifrith Bonus Bearcast: How Spin works but cant polish a turd - UK Oil & Gas Special for David Bick

Published 344 days ago

In this bonus podcast I explain how financial PR men such as David  "Don't come to my manor or I'll ave you" Bick try to polish turds, to spin for AIM listed clients. My case study is UK Oil & Gas (UKOG) and its big news of yesterday. I refer to a lamentable piece of "product placement" by David "the Guv'nor" Bick in City AM HERE. I also explain why UK Oil & Gas did the deal it did and why it's placing ahoy as questions go unanswered.

Tom Winnifrith Bearcast: A bad day for family Bick as Gable crashes & UKOG places ( Told Ya!)

Published 364 days ago

I start off with Avanti Communications (AVN) the spoof share purchase by uber bombastic CEO David "taffy" Williams and Lucian celebrating as the shares slide. Then it is onto a bad day for the Bick brothers. Baby Bick spins for Gable (GAH), Thirsty Bick spins for UK Oil & Gas (UKOG) and I comment on both. I touch on POS Magnolia (MAGP) where it is almost certainly placing ahoy then it is onto LXB Retail (LXB), Prospex Oil (PXOG), Hostelworld (HSW) and finally a detailed comment on Nyota (NYO).

David Lenigas warns Horse Hill critics to retract or face the anger of Downing Street

Published 392 days ago

I found this impossible to believe but Jabba was taped in action. The man who claims to have no managerial involvement in the companies running Horse Hill has phoned critics of the scheme asking them to retract their comments.

Tom Winnifrith Bearcast: Prince, Charlotte Bronte, Price & the 1st Red Flag is all you need

Published 397 days ago

Will the birth of Prince be celebrated in two hundred years or his death in 400. I start with a reflection on a chat with my father. Then it is onto the first red flag at African Potash (AFPO) and why folks should have run a mile back then. Finally I point out after today's bombshell why folks are looking at valuing all the Horse Hill stocks, but especially UK Oil & Gas (UKOG) in just the wrong way altogether.

Bogus twitter accounts talk to each other telling lies for the Lenigas ramps

Published 397 days ago

Gracie May Turner sent out her first tweet today Her best pal who she chats to Miriam Sharples also sent her first tweet today. Both have tweeted just five times. Both tweet on David Lenigas themes only and love shares in his companies. And both commit market abuse. I put it to you that both are bogus accounts. In response to the damning Horse Hill bombshell earlier, Gracie May tweets:

Tom Winnifrith Bearcast 19 April - God I am productive as 88 Energy Dumps

Published 401 days ago

I am still a tad under the weather but still I am jolly productive on the article front. In today's podcast I cover a valid point made by a UK Oil & Gas (UKOG) owning moron, look at Andalas (ADL) and 88 Energy (88E) - you were warned folks. Likewise Northern Petroleum (NOP) where I have no sympathy for CEO Keith Bush. He deserves a black bag and a P45 pronto. Frankly after his 2014 bonus piano wire is called for.

Tom Winnifrith late Bearcast: Blame Bill frigging Gates, bloody Walsall, Bodie, Doyle & Cowley

Published 402 days ago

This bearcast and your newsletter are late for a range of reasons including my sickness; taking the Mrs to start a 3 AM journey to fill impressionable young minds in Finland with lefty nonsense; dealing with Bill Bloody Gates; morons from the Walsall Shit Hole and also Bodie, Doyle & Cowley, The Professionals. In the podcast itself I cover Watchstone (WTG), Rosslyn Data (RDT), Fitbug (FITB), Rose Petroleum (ROSE), SeaEnergy (SEA), UK Oil & Gas (UKOG) and in great detail LGO Energy (LGO). I urge you to read the piece today on SP Angel. Read it carefully my friends!

UK Oil & Gas and Horse Hill - the most ludicrous pre-placing ramp in the history of AIM exposed

Published 402 days ago

There are two statements from UK Oil & Gas (UKOG) today. One is a hard financial transaction which demonstrates clearly that UK Oil & Gas shares are horrendously overvalued and the other is the most ludicrous attaempt at share ramping in the history of AIM. Defenders of Steve Sanderson, UKOG's CEO, say that he is trying to distance himself from the Aussie share ramper David Lenigas. Frankly even Dave would have struggled to sign off on today's ramping. It is cringe-making and it is noticeable that although it relates to a Horse Hill study, no other Horse Shite company has dared publish these ridiculous claims.

Tom & Lucian Miers preparing for a boozy lunch

Published 404 days ago

We were meant to record a video. In fact we did record but something went wrong and the Conservative Club with its cheap beer beckoned. And thus the video short letter appears as a contemporaneous note.

Solgold - Lucian Miers goes short but closes UK Oil & Gas short (pro tem)

Published 408 days ago

Solgold (SOLG) has served up another RNS today which may excite the Bulletin Board Morons but that is perhaps an encouragement to bear raider Lucian Miers who is now short of the stock, selling at c4p.

Tom Winnifrith BearCast 23 March - I'm coming for YOU Lenigas , but first its bed time

Published 428 days ago

I am off to bed thanks to the PC imbeciles at EasyJet but first three announcements about UK Investor Show on April 30th. We send tickets out this weekend so if you have not booked go now to www.UKInvestorshow.com NOW and use the promotional code SPUKI to get a free investor class seat. At a company level I cover Lighthouse (LGT), Snacktime (SNAK), William Hill (WMH), UK Oil & Gas (UKOG), Solo (SOLO), MX Oil (MXO) and Tungsten (TUNG)

Notes from Underground: We are (still in business), Are you (Indy?)

Published 431 days ago

The first non-Tom story this week, way outside the top ten natch, is by Lucian Miers, representing the mysterious hedge fund billionaires/illuminati who fund ShareProphets with Can anyone help me get shares to borrow on UK Oil & Gas?. If you have some UKOG shares, please contact Lucian now, please don't take food out of his kid's mouths.

Tom Winnifrith Bearcast - placing ahoy at Verona Pharma? And much much ffing more!

Published 435 days ago

In a wide ranging podcast today I cover: 88 Energy (88E), Verona Pharma (VRP), LGO Energy (LGO), UK Oil & Gas (UKOG), Solo Oil (SOLO), the woes of Jabba The Hutt, Wandisco (WAND), Stilo (STL) and Jiasen (JSI) and I offer you a severe warning about uber-ramped Challenger Acquisitions (CHAL) where its a real PLACING AHOY

Can anyone help me get borrow on UK Oil & Gas?

Published 436 days ago

With Petroceltic (PCI) put to bed I am looking for borrow in UK Oil and Gas (UKOG) which seems crazily valued at £51 million and represents cracking value to short at 2.43p Any suggestions are welcome. I am not short but would like to be.

Tom Winnifrith Bearcast 10 March - Depressed like a Horse Shite pump post dump

Published 441 days ago

I refer you to my bonus podcast earlier for the depression note. I ask you what is the point? back to the markets and I look at another Horse Hill pump and dump, step forward Regency Mines (RGM ) and Andrew Bell. Next to dump Solo (SOLO) then UK Oil & Gas (UKOG) whatever David Lenigas tweets. Then I look at Origo (OPP) and also at Sprue Aegis (SPRP)

Horse Hill - do UK Oil & Gas et al give a monkeys about Environment Rules?

Published 441 days ago

I am not a classic tree hugging envoronmentalist but on the other hand if rules are in place, those capitalists who opt to flout them will - in the long run - not benefit either themselves or the cause of the private sector. And that brings me to David Lenigas, Steve Sanderson and the Horse Hill rampfest and the latest breaches of Environmental rules.

Andrew Bell denies Horse Hill is a rampfest - I disagree

Published 442 days ago

Earlier today I accused the Horse Shite companies led by UK Oil & Gas (UKOG) , run by proven liar Steve Sanderson, of ramping the "Gatwick Gusher" with misleading statements. Mr Andrew Bell of Regency Mines (RGM) denies this and has posted a few words in our comments section. I disagree with Mr Bell's spin but in the interests of balance here is Andrew talking his own book, oops I meant offering a considered response.

UK Oil & Gas - the Horse Hill rampers issue another misleading update - placings ahoy!

Published 442 days ago

Just how much cash does UK Oil & Gas (UKOG) have left? At September 30 2015 net of trade payables it was c£4 million. PLC costs are £100,000 cash per month. And the cost of all the work at Horse Hill not to mention the Isle of Wight must have been closer to £2 million than £1 million. I reckon the number is now c£1.5 million which means a placing is needed fast. Fellow Horse Shite play Solo (SOLO) neess a placing within two weeks to pay its commitments in Bongo Bongo land hence today's ramptastic (misleading) RNS.

Horse Hill time for UK Oil & Gas & others to come clean on the chemical highs as locals speak out

Published 446 days ago

The companies drilling Horse Hill, the so called Gatwick Gusher, have claimed that the oil that has flowed has flowed with minimal stimulation. But perhaps Steve Sanderson of UK Oil & Gas (UKOG) - a proven liar - might clarify what minimal means given evidence emerging from local residents.

Horse Hill Leni Maths in Reverse - what is the long term sustainable flow rate?

Published 448 days ago

I ask you to examine two RNS statements issued by Lenigas ramp (how's the placing going) UK Oil & Gas (UKOG) concerning Horse Hill flow rates from 29 February. Then let's do some Leni-maths.

Tom Winnifrith Bearcast 2 March: The Scum visit The Academy & I'm not talking David Lenigas

Published 449 days ago

I shall not curse West Ham by going to watch the match tonight at The Conservative Club but for Striebs and others I am aware what is happening. Instead I shall be watching the new series of Grantchester with the Mrs and Oakley and I recommend it to one and all. I look at the latest Horse Shite ramp from David "I am incapable of telling the truth" Lenigas and flag up a placing rumour at UK Oil & Gas (UKOG) and also Regency Mines (REG). I look at the Pathfinder (PFP) disaster in detail and at Driver (DRV) where the curse of Steve "shagger" Norris strikes again. Madgascar Oil (MOIL) confirms that minority shareholders will be buggered and I look at the farce at Edenville (EDL).  So that is three companies operating in Bongo Bongo land where PIs have been screwed today. Then there is a detailed look at games developer Frontier (FDEV) where the valuation is a rum and coke even after today's profits warning.

Alba Minerals placing can't be far away! SELL - and also Sell UKOG

Published 454 days ago

Alba Minerals (ALBA) is a company I covered previously as a speculative buy, but its now time to cash in 100% or so profit!

Why Horse Hill shares are massively over-ramped - a top broker explains using UKOG's own maths

Published 463 days ago

Yesterday I pointed out how David Lenigas and others were ramping Horse Hill like mad to get rescue placings away for companies such as Solo which are at death's door. The ramp continues today with new flow data. But in a private email to clients a leading broker explains just why the Leni-maths does not stack up at all.

Shameless ramping by David Lenigas & the Horse Hill Companies ahead of bailout placings

Published 464 days ago

At least two of the companies involved in Horse Hill will go bust within weeks if they do not issue shares for a bailout placing and thus the ramping of today's (probably good but not great) news from Surrey was shameless with ther fat Aussie Share Pusher David "I won't say who made money from Danadav" Lenigas at the fore.

Zak Mir's Bulletin Board Heroes: Corero, Emerging Market Minerals, Hydrodec, Inspirit, Pantheon & UK Oil & Gas

Published 502 days ago

Featuring shares in Corero Networks (CNS), Emerging Market Minerals (EMM), Hydrodec (HYR), Inspirit Energy (INSP), Pantheon Resources (PANR) and UK Oil & Gas (UKOG) setting share price targets for all six stocks.

Zak Mir's Bulletin Board Heroes: Audioboom, Finnaust Mining, Fastforward Innovations, Kibo Mining, Octagonal, UK Oil & Gas

Published 511 days ago

Featuring shares in Audioboom (BOOM), Finnaust Mining (FAM), Fastforward Innovations (FFWD), Kibo Mining (KIBO), Octagonal (OCT) and UK Oil & Gas (UKOG) with share price targets set for all six stocks.

UKOG – tell us about your purchase of Angus Energy shares: who got the bunce? Did you lie in an RNS? It seems as if you did

Published 520 days ago

On 3 Feb 2014 the then AIM-listed Lenigas ramp UK Oil and Gas (UKOG) announced that it had purchased a 6% stake in Angus Energy Limited (now called Angus Energy Holdings UK Limited) – see HERE. The price disclosed for this transaction was £368,000, to be settled in UKOG shares to be issued at 0.8p (implying the issue of 46 million shares).

UKOG - deal termination spotted, but what about the cash?

Published 520 days ago

Yesterday I asked what had happened to a deal under which AIM-listed UK Oil and Gas (UKOG) was to buy some eploration assets from Angus Energy, as announced by UKOG on 15 Jan 2014. Having hunted for the answer myself (and failed), two readers spotted what I had not and so with hat-tips to Vines and Pousis we now know that UKOG announced the termination of the deal on 16 May 2014. But this now brings up even more serious questions over this.

UK Oil & Gas - what happened to this deal Lenigas?

Published 521 days ago

On 15 Jan 2014, AIM-listed UK Oil and Gas (UKOG) announced that it had agreed to buy some assets from Angus Energy. This was further reported as a post-balance sheet event in the FY13 Accounts (see note 12). But there was never any confirmation that the deal had completed. What happened?

UK Oil and Gas – a sweet deal for David Lenigas and Donald Strang

Published 521 days ago

Holders of AIM-listed UK Oil and Gas (UKOG) have had a fair old ride since the company emerged from the wreckage of its former existence as Sarantel Group plc. The restructuring at the end of 2013 saw the immediate injection of £150,000 of new money brought in to the company in return for 82% of the equity. So who paid what? Step forward David Lenigas and Donald Strang.

Calling Jabba The Hutt, David Lenigas - time to come clean on Danadav and Horse Hill

Published 522 days ago

And now we turn to Danadav Investments, yet another short lived and mysterious company which actively traded shares with two David Lenigas concerns and then just expired. Who owned Danadav? Perhaps Jabba might explain what on earth went on here. 

UK Oil and Gas: Placing RNSs of 10 June 2015 - where is the Companies House filing?

Published 522 days ago

While Big Dave Lenigas was still running the show at AIM-listed UK Oil and Gas (UKOG) two RNSs were released on 10 June 2015 which announced a placing of 266,666,667 new shares at a price of 2.25p per share. AIM confirmed the admission of those shares to trading on the morning of 17 June 2015. So where is the Companies house filing for this?

Zak Mir's Bull Great Request Show: Hardide, Ncondezi Energy, UK Oil & Gas,

Published 524 days ago

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Hardide (HDD), Ncondezi Energy (NCCL) and UK Oil & Gas (UKOG) setting share price targets for all three stocks.

Marsden Resources Limited - come on Jabba here is more for you to explain

Published 525 days ago

Yesterday I cited three facts about Marsden Resources Ltd which I suggested that David Lenigas had to explain as a matter of urgency, if not to me then to AIM Regulation. So far there has not been a word from Jabba.

Video: Tom Winnifrith: 12 Questions David Lenigas WILL NOT ANSWER from Gold & Bears - November 28 2015

Published 532 days ago

In this presentation from Gold & Bears I posed 12 questions that Jabba the Hutt will not answer. I then ran through the Lenigas portfolio explaining why you should sell shares in each of: LGO Energy (LGO), Rare Earth Minerals (REM), UK Oil & Gas (UKOG), Inspirit (INSP), Lenigas Cuba (CUBA), Evocutis (EVO), Solo Oil (SOLO) and AfriAg (AFRI). Enjoy...

Tom Winnifrith Bearcast 4 December: In Greece I fear only Vrechi

Published 538 days ago

No Albanians, no work on the olive harvest yet. And now Vrechi, that is what I fear. I have yet to discuss my entanglements with Globo (GBO) and InternetQ (INTQ) with my neighbours but I am sure they will understand. I start the podcast on InternetQ and the weedy rally today. Then it is onto LGO Energy (LGO), another David Lenigas triumph. But what does Jabba The Hutt care? He sold his shares. En passant I mention UK Oil & Gas (UKOG), Motive TV (MTV) and Papua Minerals (PML) before taking a detailed look at Escher (ESCH). 

Zak Mir's Bulletin Board Heroes: 88 Energy, Churchill Mining, Coms, Mobile Streams, W Resources, UK Oil & Gas

Published 540 days ago

Featuring shares in 88 Energy (88E), Churchill Mining (CHL), Coms (COMS), Mobile Streams (MOS), W Resources (WRES) and UK Oil & Gas (UKOG) with share price targets set for all six stocks.

Tom Winnifrith Bearcast 1 December - Sitting on top of the Gatwick Gusher

Published 541 days ago

Yes I am at the airport less than two miles from Jabba The Hutt's Gatwick Gusher. In this podcast I cover my first trip to Brighton, Uk Oil & Gas (UKOG), Evocutis (EVO), Sovereign Mines of Africa (SMA), Caza Oil & Gas (CAZA), Golden Saint Resources (GSR) and Fitbug (FITB)

Once bitten twice shy: the Horse Hill ramping starts again - ETA the placings?

Published 542 days ago

And so today all the Horse shite stocks have served up news that appeared to have leaked onto every Bulletin Board and twitter ramping session days ago. Flow testing at the "Gatwick gusher" will start early next year. Since every BB Moron already knew this and since half the Horse Hill runners and riders have to do a placing to survive fairly soon, shares in this stable of dogs have not soared as promoters such as David "Jabba The Hutt" Lenigas wuld have hoped.
And so what is the news? The companies involved have been: 

Zak Mir's Bulletin Board Heroes: Alba Mineral Resources, Aurasian Mining, Beowulf Mining, MX Oil, Union Jack Oil, UK Oil & Gas

Published 543 days ago

Featuring shares in Alba Mineral Resources (ALBA), Aurasian Mining (AUM), Beowulf Mining (BEM), MX Oil (MXO), Union Jack Oil (UJO) and UK Oil & Gas (UKOG) with share price targets for all six stocks.

Zak Mir Bulletin Board Heroes: Alba Mineral Resources, China New Energy, Cap-XX, Kennedy Ventures, LGO Energy, UK Oil & Gas

Published 547 days ago

Featuring shares in Alba Mineral Resources (ALBA), China New Energy (CNEL), Cap-XX (CPX), Kennedy Ventures (KENV), LGO Energy (LGO) and UK Oil & Gas (UKOG) with share price targets for all these minnows.

Zak Mir Bulletin Board Heroes: Asiamet Resources, Audioboom, Orosur Mining, Optibiotix, UK Oil & Gas

Published 553 days ago

Featuring shares in Asiamet Resources (ARS), Audioboom (BOOM), Orosur Mining (OMI), Optibiotix (OPTI), UK Oil & Gas (UKOG), together with some share price targets.

Zak Mir's David Lenigas Bulletin Board Heroes Extra: Afriag, Inspirit Energy, LGO Energy, Rare Earth Minerals, UK Oil & Gas

Published 556 days ago

Featuring shares in David Lenigas (pictured left) donkeys: Afriag (AFRI), Inspirit Energy (INSP), LGO Energy (LGO), Rare Earth Minerals (REM), UK Oil & Gas (UKOG) 

Top broker slams David Lenigas - takes REM & Bacanora off buy list because of Big Dave

Published 556 days ago

It seems to be open season on David "Green Hair Services" Lenigas (pictured left). Today top broker Andrew Monk of VSA Resources who is a mega bull of lithium has taken Rare Earth Minerals (REM) and Bacanora Minerals (BCN) off his buy list just because of the Lenigas factor. And he has also stuck the knife into jabba the hutt, notably on UK Oil & Gas (UKOG). Mr Monk writes:

Tom Winnifrith Bearcast 11 November - cats, Lenigas & Finnaust: placing ahoy?

Published 561 days ago

Naturally I start with the big news of the day - an update on the annual medical of my two cats Tara and Oakley. Then it is onto explaining who gets to define boring, spitefull and vendetta in terms of my earlier podcast on overvalued junk Uk Oil & Gas (UKOG). Then why Gary Newman is wrong on Plethora (PLE). Then onto Finnaust (FAM), Gulf Marine (GMS), Centaur Media (CAU) and POS Golden Saint Resources (GSR)

Analysis - why UK Oil & Gas is a sell

Published 561 days ago

A short podcast on UK Oil & Gas (UKOG). Are the shares a buy or a sell at 0.95p. At a fundamental, technical and trading level they are a sell as I explain.

Tom Winnifrith Bearcast 30 October - Insider Dealing IS a crime

Published 573 days ago

I start wth Marlowe (MRL) and a debate here about insider dealing. Then it is onto Quoram (QRM) and its delisting and Nakama (NAK) and its dire results - it should be delisted. Then it is onto Mosman Oil & Gas (MSMN) - another confetti issue, Fitbug (FITB) which needs a confetti issue, Peer TV (PTV) whose board need shooting as does Tim Coffman its disgusting POS Nomad and finally UK Oil & Gas (UKOG), David Lenigas and the truth about ISDX as opposed to Big Dave's PR bologny.

Leni-Maths – a new branch of mathematics for extrapolating numbers with almost no primary data points ( ref Horse Hill)

Published 573 days ago

John Meyer of SP Angel today admits that he has been analysising resource companies wrongly for years. Having looked at UK Oil & Gas's  (UKOG) Horse Hill data, John has stumbled across the new science of Leni-Maths. John writes:

Zak Mir's Bulletin Board Heroes: Inspirit Energy, Lekoil, Pantheon Resources, Patagonia Gold, Plutus Powergen, UK Oil & Gas

Published 575 days ago

Featuring shares in Inspirit Energy (INSP), Lekoil (LEK), Pantheon Resources (PNR), Patagonia Gold (PGD), Plutus Powergen (PPG), UK Oil & Gas (UKOG), together with some share price targets.

Tom Winnifrith Bearcast 28 October - CEOs who suck up to me win no favours

Published 575 days ago

It is one month to Gold & Bears and we now have a A1 bear speaking line-up. I hope that all bearcast listeners will be coming along - details on how to get a free ticket are HERE. I then discuss the new Bond. Political correctness gone mad. Then it is onto Meggitt (MGGT), Chemring (CHG), Plutus Powergen (PPG) - a total ffing disgrace - Petra Diamonds (PDL), DJ International (DJI) - my heroes of the day - CEB Resources (CEB), UK Oil & Gas (UKOG), Auhua (ACE) and the other China Norfolks, PeerTV (PTV) , LGO Energy (LGO) and I have a warning for the board at Minera (MIRL), I have a "treat" for you guys later. Smiley face.

Shyster Steve Sanderson of UK Oil & Gas – blames the media for his own disgraceful ramping of Horse Hill

Published 576 days ago

Steve “I never said there were 100 billion barrels, although I was caught on camera saying just that” Sanderson of UK Oil & Gas (UKOG) pitched up last week for a paid for interview with the UK’s softest host, Sith Lord Zak Mir at tipTV (audience 3, on a good day). But give the Sith Lord his dues, for a moment he turned into Jeremy Paxman and made Sanderson look like the shifty little twit he is.

Zak Mir's Bulletin Board Heroes: Auhua Clean Energy, African Potash, CEB Resources, Falcon Oil & Gas, Trinity Exploration, UK Oil & Gas

Published 581 days ago

Featuring shares in Auhua Clean Energy (ACE), African Potash (AFPO), CEB Resources (CEB), Falcon Oil & Gas (FOG), Trinity Exploration (TRIN), UK Oil & Gas (UKOG), together with some share price targets.

Tom Winnifrith Bearcast 21 October - waiting for Globo ( and Daniel Stewart)

Published 582 days ago

Already there has been bad news today for Globo (GBO) but we are waiting for the hammer blow flagged up yesterday HERE. I discuss this. Talking of waiting...I move onto Daniel Stewart (DAN). Then a few words about Northbridge (NBI) and Cloudbuy (CBUY) before a bit of a swipe at Uk Oil & Gas (UKOG) and Alba Minerals (ALBA). There is a mention of Ortac (OTC) and also of Mariana Resources (MARL) and its overpaid POS CEO Glenn Parsons.

Fat Aussie share ramper David Lenigas goes (pea)nuts on twitter - its official

Published 582 days ago

Play the man not the ball. That is the way of fat Aussie share ramper David "I love the smell of newly issued confetti in the morning" Lenigas. Big Dave has again blocked me on twitter so I cannot see his deranged rants and blatant ramps. But a kind reader has supplied me with today's attack on this website even before we commented on the latest ramperoonie nonsense from UK Oil & Gas (UKOG) - HERE.

My top ten shorts for Christmas – Tom Winnifrith

Published 582 days ago

Circumstances change, share prices change and so ones evaluation of what is in sight as a good short always changes. Challenged by a reader I serve up my ten top shorts/sells for Christmas, with one caveat.

UK Oil & Gas pumps out more Horse Hill Bollocks but no one believes the Lenigas bullshit any more

Published 582 days ago

Almost a year since the first drilling “discovery” at Horse Hill and the companies involved, led by David Lenigas ramp UK Oil & Gas (UKOG) still decline to drill again, instead pumping out more and more meaningless reports on the prospect. Today there is another but almost no-one believes the Lenigas blather any more.

Tom Winnifrith Bearcast 20 October - Fireworks at Globo Ahoy!

Published 583 days ago

Globo (GBO) is now the No 1 short on AIM and I explain why. Then I take a listener request - this is one off favour - and look at Messaging International (MES). Then onto LGO Energy (LGO) where I explain why the Bulletin Board morons are wrong and my target price is either 0p or 0.2p. UK Oil & Gas (UKOG) is heading down to 0.75p and I explain why. Rurelec (RUR) could well be a zero but is certainly a slam dunk sell. And then it is back to preparing my lecture for the lefty sociology students of the Mrs tomorrow "Capitalism makes the world a better place for all (Greed is Good)"

Zak Mir's Great Request Show Extra: David Lenigas Special

Published 584 days ago

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in LGO Energy, Rare Earth Minerals, UK Oil & Gas and Afriag and set share price targets for all four stocks associated with marmite Big Dave Lenigas.

LGO Energy – How fucked is it and how transparent has it been about its black lined hole?

Published 584 days ago

Naturally anyone associated with David Lenigas must be a respected industry figure whose integrity is beyond doubt. You can trust every word said by men such as Steve “I said that there were 100 billion barrels on camera but deny that I said it” Sanderson of UK Oil & Gas (UKOG). And so it is a given that LGO Energy (LGO) has been upfront about its Goudron 678 well issues is it not?

Fewer folk believe in Santa, The Tooth Fairy or the Horse Hill oil find - Alba placing falls badly short

Published 584 days ago

I wonder how long it will be before that annual ritual occurs when the Daily Mail discovers a CofE vicar who has foolishly told the kiddies that Santa does not exist. The poor chap gets pilloried for a week or so before even the Mail accepts that he cannot be burned at the stake for telling the truth. I have felt a bit like the poor Rev when pointing out that whatever Steve Sanderson of UK Oil & Gas (UKOG) says on camera – and then denies he ever said – there is NOT 100 billion barrels of oil at Horse Hill. Maybe the tide is now turning.

Tom Winnifrith Bearcast special - the David Lenigas brand badly tarnished could LGO be a zero?

Published 585 days ago

You cannot say I did not warn you about LGO Energy (LGO). After today's news I ask if it could go to zero? The answer is yes and the shares are a stonking sell still. But the wider David Lenigas brand is also badly tarnished. I will have another dynamite revelation on Lenigas Cuba (CUBA) shortly, Afriag (AFRI) needs a placing big time and the Horse Hill hype is being shown to be just that so UK Oil & Gas (UKOG) has real issues. It is not a happy Monday for Big Dave.

Tom Winnifrith Bearcast - analysing UK Oil & Gas and More fishiness at Fishing Republic + foxy legals update

Published 587 days ago

On today's podcast I discuss why the looming battle in the High Court is so important and why the morons cheering on Julian Hamilton Barns against my foxy legal team prove themselves morons for doing so. Then onto Fishing Republic (FISH) with more fishiness revealed followed by Gulfsands Petrolem (GPX), Sefton Resources (SER), Capital Lease Aviation (CLA), Record (REC), Auhua (ACE) and finally a long piece on UK Oil & Gas (UKOG), analysing it - something its moronic bulletin board cheerleaders patently fail to do.

UK Oil & Gas: What a shock the market doesn’t care about Markwells Wood

Published 587 days ago

There is one thing that the “businesses” David Lenigas sets up rely on; his instinctive ability to promote overvalued paper. Despite this the Lenigas alchemy only works for so so long. As soon as Britain’s best paper salesman moves on from one of his “businesses” (once it’s reached a certain stage of “maturity”, of course) the company’s share price typically follows him quickly out of the door. This pattern has been repeated time and time again. Tom recently pointed out the miserable long-term performance of LGO Energy (LGO), but today it is UK Oil & Gas’ (UKOG) near terminal-looking decline that caught my eye. Worry not though UKOG’ers you have Stephen “I never said 100 billion barrels, although I was captured on camera saying just that” Sanderson at the helm.

Tom Winnifrith Bearcast 14 October - lunch with Lucian, Lenigas, African Potash and dicksplash lawyers

Published 589 days ago

Sorry for the delay, blame lunch with Lucian. In this podcast I discuss questions about Lenigas Cuba (CUBA) and read out a confidential email. Then there is the incompetency of the dicksplash lawyers seeking to injunct me, the new idiocy of some UK Oil & Gas (UKOG) shareholders and then onto Sula Iron (SULA), Sefton (SER), the movng to ISDX business, Eden Research (EDEN), Environmental Recycling (ENRT), African Potash (AFPO), Alba Minerals (ALBA) - placing ahoy - and Cloudbuy (CBUY), ditto.

Free Speech Deniers – UK Oil & Gas, you guys are such fools

Published 589 days ago

My attention is drawn to the LSE Asylum, UK Oil & Gas (UKOG) thread where the free speech jihadists are in full flow after Monday night’s BBC programme.

Open letter to UK Oil & Gas’ Nomad – Does it consider Stephen Sanderson a fit and proper person?

Published 590 days ago

Last night, the BBC’s Inside Out London documentary revealed that UK Oil & Gas’ (UKOG) Stephen Sanderson was the original source that claimed there are “between 50 and 100billion barrels of oil in place in the ground” in the Weald. This wildly optimistic figure was at the heart of April’s Horse Hill propaganda campaign, which caused the shares prices of all the listed companies involved to rocket. UK Oil & Gas half-heartedly tried to distance itself from these wilds estimates, but it is now unequivocally clear that it was behind them. Stephen Sanderson surely now has to go. Let’s see what the company’s Nomad (scandal plagued WH Ireland) has to say about this. 

Two MORE Questions David Lenigas needs to answer

Published 590 days ago

After last night’s documentary on the BBC David Lenigas responded by sending me emails at 3.43 AM and 3.47 AM and by tweeting personal abuse. He did not answer questions about how he & Steve Sanderson ramped shares in UK Oil & Gas (UKOG) with unjustifiable claims about Horse Hill.  Big Dave you want war? Ok tell me about Mick Shemasian.

UK Oil & Gas Exclusive: watch the BBC destroy Stephen Sanderson’s credibility HERE

Published 590 days ago

Last night, the BBC published a previously unseen, yet explosive interview with UK Oil & Gas (UKOG) Executive Chairman Stephen Sanderson. It looks like Mr Sanderson has been less than forthcoming in his explanation of who was behind this spring’s outrageous Gatwick Gusher ramp. Having categorically denied that UK Oil & Gas had anything to do with the “100billion barrels of oil beneath the Weald” claims, video evidence now strongly suggests that Sanderson himself was the direct source. You can watch the damning clip here.

David Lenigas & the Horse Hill Crew Brace Yourselves…BBC1 tonight

Published 591 days ago

I somehow suspect that Big Dave Lenigas will not be unblocking me on twitter after tonight. Nor will little Steve Sanderson be inviting me to the UK Oil & Gas (UKOG) Christmas party. For tonight the Horse Shite rampers are in the spotlight on BBC1.

Zak Mir's Bulletin Board Heroes: 88Energy, Oxus Gold, Rare Earth Minerals Serica Energy, Tethys Petroleum, UK Oil & Gas

Published 598 days ago

Featuring shares in 88Energy, Oxus Gold, Rare Earth Minerals Serica Energy, Tethys Petroleum and UK Oil & Gas with share price targets for all these minnows.

UK Oil & Gas – more meaningless tosh as shares slide?

Published 598 days ago

The Horse Hill farce continues apace with the latest RNS from UK Oil & Gas (UKOG). If I needed cheering up this nonsense did the trick.

Zak Mir's Bulletin Board Heroes - Hague & London Oil, Arcontech, African Potash, Coms, SolGold, UK Oil & Gas

Published 610 days ago

Featuring shares of Hague & London Oil (HNL), Arcontech (ARC), African Potash (AFPO), Coms (COMS), SolGold (SOLG), UK Oil & Gas (UKOG), together with some share price targets.

At 0.36p, is Afriag worth a gamble?

Published 617 days ago

A seemingly innocuous Tweet from David Lenigas on Monday, distancing himself from the looming Sefton Resources (SER) catastrophe, might be an indicator of good things to come for shares of Afriag (AFRI). At 0.36p last seen, Afriag is worth a touch under £5million. There has been little to no market interest in this stock for most of this year. In the last 54 trading session, Afriag has recorded 22 zero volume days and the share price has flat lined. So why might Lenigas feel so committed to this apparent dead duck of a stock?

UK Oil & Gas: delivers a dose of reality

Published 619 days ago

This morning, UK Oil & Gas (UKOG) issued a far more realistic vision of what this company can realistically hope to achieve. Forget the Horse Hill pipedream of billions of (unextractable) barrels for a moment and pay close attention to the numbers in today’s announcement. No one has ever doubted that UK Oil & Gas could be a viable business. However, the reality is that it is most unlikely ever to live up to the blue (pie in the) sky fantasy many appear to have bought into.

Zak Mir's Bulletin Board Heroes - African Potash, Audioboom, Sefton Resources, Trinity Exploration, UK Oil & Gas, XTR Resources

Published 626 days ago

Featuring shares of African Potash (AFPO), Audioboom (BOOM), Sefton Resources (SER), Trinity Exploration (TRIN), UK Oil & Gas (UKOG), XTR Resources (XTR), together with some share price targets.

UK Oil & Gas; Horse Hill fantasy numbers downgraded by 22%

Published 638 days ago

I suppose a downgrade of fantasy oil estimates is about as worthwhile as an upgrade of fantasy oil estimates, but nevertheless this morning’s announcement from UK Oil & Gas (UKOG) represents a significant reduction in the embarrassing hype surrounding Horse Hill. Schlumberger’s last “independent report” about this absurd project estimated that total oil in place, across the three so-called target areas, was 255million barrels of oil per square mile (bopsm). This morning, Schlumberger slashed this figure to 199.9million bopsm. And yet there are still some out there hailing this as brilliant news… 

Zak Mir's Bulletin Board Heroes - BMR Mining, Cap-XX, Edenville Energy, Golden Saint Resources, Independent Resources, UK Oil & Gas

Published 646 days ago

Featuring shares in BMR Mining (BMR), Cap-XX (CPX), Edenville Energy (EDL), Golden Saint Resources (GSR), Independent Resources (IRG), UK Oil & Gas (UKOG), with some share price targets

Zak Mir's Bulletin Board Heroes - Boxhill Technologies, CEB Resources, Manx Financial, Reach4Entertainment, Stratmin Global, UK Oil & Gas

Published 651 days ago

Featuring the shares Boxhill Technologies (BOX), CEB Resources (CEB), Manx Financial (MFX), Reach4Entertainment (R4E), Stratmin Global (STGR), UK Oil & Gas (UKOG), with associated share price targets.

Zak Mir's Bulletin Board Heroes - Advanced Oncotherapy, Premier African Minerals, Quindell, Sound Oil, UK Oil & Gas

Published 658 days ago

Featuring Advanced Oncotherapy (AVO), Premier African Minerals (PREM), Quindell (QPP), Sound Oil (SOU), UK Oil & Gas (UKOG)

Zak Mir's Great Request Show: Daniel Stewart, FTSE 100, UK Oil & Gas

Published 670 days ago

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Daniel Stewart (DAN), FTSE 100 (UKX), UK Oil & Gas (UKOG).

Zak Mir's Bulletin Board Heroes: Formation Group, Frontera Resources, LGO Energy, SolGold, Spark Ventures, UK Oil & Gas

Published 675 days ago

Featuring Formation Group (FRM), Frontera Resources (FRR), LGO Energy (LGO), SolGold (SOLG), Spark Ventures (SPK), UK Oil & Gas (UKOG)

UK Oil & Gas; David Lenigas leaves, who is going to ramp the stock now?

Published 687 days ago

News just crossed the wires that stock-promoter extraordinaire David Lenigas is going to stand down as Executive Chairman of UK Oil & Gas (UKOG). The company’s shares fell sharply in an immediate reaction to this, only to recover quickly. Last seen, UK Oil & Gas was trading at 2.18p and the question on all shareholders’ minds must be who is going ramp the stock now?

Zak Mir's Bulletin Board Heroes - Empyrean Energy, Formation, Premier African Minerals, Stellar Resources, UK Oil & Gas, Xtract Resources

Published 688 days ago

Featuring Empyrean Energy (EME), Formation (FRM), Premier African Minerals (PREM), Stellar Resources (STG), UK Oil & Gas (UKOG), Xtract Resources (XTR)

Zak Mir's Bulletin Board Heroes - Featuring Central Rand Gold, Northcote Energy, Rose Petroleum, UK Oil & Gas

Published 705 days ago

Featuring Central Rand Gold (CRND), Northcote Energy (NCT), Rose Petroleum (ROSE), UK Oil & Gas (UKOG)

UK Oil & Gas latest Horse Hill ramp falls flat on its face

Published 707 days ago

Another day, another stupidity test from UK Oil & Gas (UKOG). Unfortunately for David Lenigas and the Horse Hill stock promoters it looks like the message is finally settling in on the British investing public, as it suffers an acute attack of souped-up report fatigue. UK Oil & Gas’ share price surged to 2.75p at the open, only to retreat instantly. As of writing UK Oil & Gas is trading at 2.3, down slightly on the day. This clearly isn’t part of the plan and we will no doubt hear more about the wonders of Horse Hill from Schlumberger any day now…

ShareProphets Translation Service – Schlumberger’s Horse Hill disclaimer

Published 720 days ago

This morning, we’ve read one of the funniest disclaimers we’ve ever come across. We are, of course, talking about the latest ramptastic missive from the Horse Hill stock promoters. The Schlumberger report, paid for exclusively by UK Oil & Gas (UKOG), has been presented as even more bullish than the absurd Nutech report of a couple of months ago. What is most amusing about this, apart from the crazy reaction of a herd of private investors, are the health warnings that come attached to it. Even UK Oil & Gas was forced to admit in its RNS “No person or company other than UKOG may directly or indirectly rely upon the contents of its report”. Whatever else happens at Horse Hill, no one can say they weren’t warned.

Doing the Horse Hill maths for Uk Oil & Gas & David Lenigas

Published 720 days ago

All the Horse Hill shares were suspended yesterday morning pending an announcement in relation to Horse Hill.  It caused lots of speculation and some think there is a big reserve update coming, I don't agree (I was completely wrong - see update below) but it set me wondering what could be going on. It can't be a placing, as so many companies are suspended, and a co-ordinated placing would be tricky; maybe the plan is to list Horse Hill developments, it could be that. Or maybe their partner has done something that they need to tell the markets about. 

Horse Hill & UK Oil & Gas; Lenigas bowls a googly

Published 721 days ago

The news out this morning by UK Oil & Gas (UKOG) is breathtaking. There is no other word to describe Horse Hill. This is Schlumberger we are talking about.

Zak Mir's Bulletin Board Heroes - Featuring AFC Energy, Kenmare Resources, LGO Energy, Proxama, Stellar Resources, UK Oil & Gas

Published 722 days ago

Featuring AFC Energy, Kenmare Resources (KMR), LGO Energy (LGO), Proxama (PROX), Stellar Resources (STG), UK Oil & Gas (UKOG)

DECC confirms Horse Hill Developments has not applied for flow testing of HH-1

Published 757 days ago

This morning The Telegraph delivered another broadside to Horse Hill. It claimed that Horse Hill Developments Ltd has not applied to the regulator, the Oil and Gas Authority (OGA), “for permission to begin flow testing the Horse Hill-1 well in the Weald Basin.” This flies directly in the face of claims made in RNS announcements by the six listed companies participating in Horse Hill, not to mention David Lenigas on Twitter. We’ve spent much of the day seeking official confirmation of the accuracy of The Telegraph’s story. In the last hour we’ve received it.

Corrected - Horse Hill; What UK Oil & Gas didn’t tell you in this morning’s RNS

Published 758 days ago

Another day, another smokescreen from UK Oil & Gas (UKOG). As with all of this month’s announcements from the company, what it hasn’t said is more important than what it has. Quite how long UK Oil & Gas’ Nomad, WH Ireland, will allow the excessive over-promotion of Horse Hill to go unfettered is anyone’s guess, but in the meantime here’s what the spinners hope you are too stupid to figure out for yourself.

Horse Hill and the credibility-killing clarification

Published 771 days ago

This morning’s “Clarification of Press Comment” from UK Oil & Gas (UKOG), and the other companies participating in Horse Hill, heaps shame on all involved in last Thursday’s monumental ramp. At ShareProphets, we were the first to criticise the BBC, ITV, Sky News and all the other broadcasters, who leapt so obediently onto this propaganda bandwagon, for their deeply misleading coverage. Hundreds, if not thousands, of private investors bought stocks in the Horse Hill nags, thanks to the appalling laziness of too many journalists. Within 24 hours, most of these ordinary people were facing losses of upwards of 35% on their “investments”. This disgraceful episode illustrates once again why AIM is in such desperate need of comprehensive reform.

Horse Hill – the best stock promotion in years!!!

Published 777 days ago

Eventually a lot of people are going to lose a lot of money on UK Oil & Gas (UKOG). This morning’s announcement from the company, laughably titled “Significant upgrade of the Horse Hill discovery”, has been wrapped in one of the most skillfully crafted and epic stock promotions of recent years. I correctly predicted this “Horse Hill super-ramp” was coming, last month. Today it is just sad to watch gullible and lazy “credible” journalists from the BBC, ITN and Sky News fall over themselves to interview David Lenigas. God knows what hysteria tomorrow’s papers will carry.

Horse Hill; the stupidity of buying rumours

Published 944 days ago

At about 3.30pm yesterday, Brokerman Dan revealed his exclusive scoop that Horse Hill was about to yield a commercial oil discovery. This triggered a mini-buying frenzy, which drove the share prices of the listed companies involved in Horse Hill much higher. As the most exposed Horse Hill play, UK Oil & Gas (UKOG) flew from 1.16p, to hit an intraday high of 1.7p, all within the last hour of trading! This morning, as a flurry of RNSs hit the market and the dust settled, it turned out that Dan’s figures were well off the mark. A commercial discovery hasn’t been announced (read the RNSs thoroughly for confirmation of this). Also, the current size of the discovery is “only” a preliminary estimate of 3.1million barrels of oil in place, not 15million to 20million barrels. In the ensuing sharp sell off, UK Oil & Gas is back down to 1.15p. Dan is likely to come in for criticism for his reporting of this event, but this is misguided. Here’s why.

Horse Hill; ramp, rumour, place!

Published 1016 days ago

Ever the showman, this morning’s RNS from David Lenigas’ UK Oil & Gas (UKOG) is a perfect pump primer for the soon to spud Horse Hill exploration well. UK Oil & Gas has just upped its direct stake in Horse Hill Development Ltd, which has a 65% participating interest in the Horse Hill Field, to 20%, for a £750,000 commitment. Apparently this purchase is “being funded from UKOG's existing cash balances”, which is probably the Australian for “expect a placement tomorrow”. But I’m not very good at foreign languages, so what do I know?

Under starters orders; a final look at the form of the Horse Hill runners

Published 1031 days ago

Over the last couple of weeks the share prices of the six listed companies participating in the Horse Hill oil exploration project have pulled back. Alba Mineral Resources (ALBA) and UK Oil & Gas (UKOG) have both placed. Solo Oil (SOLO) has been treading water since it placed in mid June. Regency Mines (RGM) looks almost certain to place imminently, despite having raised money in May and the same can probably be said for Doriemus (DOR), though the latter’s financial position is certainly better. This leaves Stellar Resources (STG), which of the six is probably the best funded and might not need a Horse Hill cash injection. Time will tell if this view is correct, but with the spud only days away, now might be the time to place your bets if you fancy a gamble on the madness of crowds. Below I take a look at the runners.

Placement Watch – UK Oil & Gas; the first of the Horses to place

Published 1035 days ago

Whatever else is said about David Lenigas he certainly appears to have a firm grip of the current mood of the market. This morning UK Oil & Gas (UKOG) announced a £2million placement at 1p. Some will complain about this, but this looks like another smart bit of business. Whether this leads to a material uplift in the stock price is another matter...

Alba Resources: shit or glory on Horse Hill

Published 1039 days ago

Today’s Horse Hill news hasn’t done much to lift the share prices of the listed participating companies. Perhaps this is to be expected, as approval from the UK Department of Energy and Climate Change was surely just a formality. Even so, the co-owners of Horse Hill Developments Ltd are experiencing something of a market lull, but I still expect this will prove to be the calm before the storm. Although there is the looming spectre of placements, it is hard to see Horse Hill fever reaching anything other than epic proportions. When I first covered this drill, last week, I was a little flippant when I picked Alba Resources (ALBA) as the stock I might take a gamble on, based solely on it having the fewest number of shares in issue. This morning, Alba provided its half yearly report and I think I might have to change my mind.

Why Horse Hill could be Mosman on steroids

Published 1045 days ago

Whoever said that ShareProphets is a one trick pony?! Proving that this view of our work is entirely misguided, I thought I’d throw in another Horse Hill article onto today’s roster... “Not more bloody Horse Hill” I hear our avid readers cry, but this is likely to be the story that dominates British resource small caps over the rest of the summer. Given the wild reaction we’ve recently seen to Mosman Oil and Gas’ (MSMN) succession of oil “discoveries” in New Zealand (which, by its own admission, it doesn’t even know if they are commercial yet) the scene could be set for ecstatic market rapture if rumours ever leak from Horse Hill’s Surrey drill site. This could end up being the highest profile onshore exploration campaign ever seen in the UK and I wouldn’t be at all surprised if a temporary campsite springs up outside the gates, as desperate private speculators resort to whatever means they can to gain access to information. Although the smart ones will probably just hang out in the local pubs, when shifts end...

Why I'm not convinced by Horse Hill

Published 1045 days ago

I’ve been watching all the excitement surrounding the drilling of the Horse Hill 1 well in the UK, but personally am not convinced! I find myself wondering why NASDAQ-listed company Magellan Petroleum relinquished a 65% share of the PEDL137 license (which contains the Horse Hill prospect) simply in return for the farminee drilling it prior to its expiry date on September 30 2014.

**REPUBLISHED** Horse Hill – which participating companies offer best value?

Published 1045 days ago

This updated piece clarifies that the listed companies mentioned own stakes in Horse Hill Developments Limited, which owns 65% of the Horse Hill oil exploration project.

Since the beginning of June, there has been increasing speculation concerning the upcoming Horse Hill oil exploration drill in Surrey. Share prices of the four original David Lenigas influenced companies have increased by 200-300% in this time and I expect each of them to move even higher in the next few weeks, as the excitement increases the closer we get to the commencement of drilling. On Friday, two further companies joined the Horse Hill party in the form of Alba Mineral Resources (ALBA) and Regency Mines (RGM). It is worth mentioning that Regency also has a 14.9% stake in Alba, but the question remains which of the Horse Hill horses could be the largest winner?

The Lenigas Series Part One: Sell Afriag & Sell Rare Earth Minerals

Published 1045 days ago

Today I start a new side column for ShareProphets in which I plan to go through the swathes of David Lenigas companies on AIM. Naturally David says all his companies are cheap and uses flamboyant language to capture the attention of retail punters. I have looked at Leni Gas (LGO) before so I begin by sharing my thoughts on Afriag (AFRI) and Rare Earth Minerals (REM). 

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