UK 10:46 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
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Comments
Marvin
Are you mad Tom. This is the guy who wrote Manic Monday. Legend. He also shagged Kim Basinger in her prime and I have no doubt if Cheryl had been available in the 90s she would have woken up in Paisley Park with a big smile on her face on more than one occasion.
http://uploadsociety.com/video_v102047
Striebs
Tom ,
I’ve held Magellan for a couple of years and lost money .
Magellan have had problems which have forced them to sell most of their shares in Central Petroleum at the bottom of the market . They’ve recently had to dispose of their CO2 enhanced oil recovery project to their creditors .
Their best remaining asset is in the Weald but it is not Horse Hill . Unfortunately , as you say , they will likely lose this due to disputes with Celtique due to Magellans inability to meet cash calls .
I had high hopes for the CO2 EOR project . Victims of the oil price crash .