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Alas, i was wrong.. 100k sold at opening following rns. they’re still ‘selling’.. who’s lending the shares?. That’s why it didn’t start moving straight away!
never mind.. tiss now :-) enjoy the ride folks
Itsawrap, take anything Heid says with a pinch of salt. It's a liability.
Rename me what you like. I speak exactly as I see things an give credit where it is due an can now see that shareholders are at last going to see a return with the board.
I am very impressed with the diversification of the portfolio an I see some great choices.
I am also pleased for Karina who bought in here at 17.50 with £20,000 of her hard earnt money.
North Lincs council are more interested in pleasing Ruth Hayhurst. You wont see those drills at Wressle till summer 2025 if lucky.
That is what is impressive about the USA drills an the royalties. Do some research on where some of those royalties are located. Fabulous ! The speed of the Andrews well has been incredible too.
you are funny heid...you ramped the **** off ujo with over 20'000 posts kissing bramhill's butt all day every day, you then turned on him because he was rude to you and now you are kissing his butt again. perhaps we should rename you flip-flop?
Another positive RNS with dividends being a key factor in long term returns for shareholders in UJO.
Given the growth trajectory in place should we get developments on the 2 additional wells and gas export facilities moving ASAP the timings are lining up quite nicely (I would like to think even North Lincolnshire council would have a heightened awareness of energy security right now with geopolitical tensions at multi-year highs).
An interesting observation which I'm sure shareholders would have realized in the past week or so, is the diversification benefits of UJO / energy stocks more widely to portfolios in an environment where investors concern for inflation persistence / the effects of higher rates for longer. FTSE 100 over past week down 2%, SPX500 down 2%, UJO up 6%. This is another supportive catalyst for flows from a retail investor environment in the US and UK where the current market cap of the firm / balance sheet composition make it very much a stock specific story, given the strong pipeline of growth ahead as outlined above + US developments, things are looking very interesting for the next few months IMO.
Well done to management on execution and shareholders for the patience.
Who cares ?! There is so much on offer here an Wressle is flowing a solid amount daily. At 90 dollar oil a welcome return
Book cleared an rising for Reabold . I have a great entry price.
Reassuring to see as our JV for West Newton
Stephen seemed very confident that funding would be secured during this quarter.
This will be another welcome catalyst for Union Jack Oil
This will be best annual report David has written coming up in May.
NSTA data for Jan. states 609 bpd and UJO states av. for Q1 is 530 bpd
this suggests to me that the av. for Feb & Mar was 489 bpd
NSTA Feb data in 2 weeks
CT
I will have to have a word with auto spell on my phone.
EOG are only reporting to January because it's their official interims.
Everything in the UJO RNS is positive news and great for shareholders.
Sorry, Pboo, I didnt mean to SLAT you 😂
That so far in 2024, there have been over a dozen positive RNSs and still the same old names get in at 7am on each one to try and turn it into something negative. It is obvious to me that the company are making big strides to offset any issues with planning and anti-fossil fuel activist challenges by moving into the US. Note the Rns says the Mineral Royalties are contributing to the dividend announced, maybe a surprise in store there? There is little to be negative about imo x
Itsawrap
Well spotted, and I was slatted by CT5 for pointing out that the 2 RNS's were different.
Morning Tom xxx
If the sp reaches 30 before announcement, then 1.2p would be a 4% yield. yes.. why not.
Love the rns. all things in DB control doing very nicely. is this the first significant rns not delivered on a monday opening and following by ‘selling’? confidence to announce during week now. beginning to feel exciting again. Enjoy the day peops, we’re on our way! well done DB and Team.
Are we having a guessing game as t how much do we think th Divi will be.
1.2p.
During March 2024 the well is produced with 24.3%.
Could be knowing UJO. They have previous form for being, lets just say, devious. Imo.
CT
Go and read the other partners RNS
I'm confused...is 530 bp the av. for nov/dec/jan as EOG says, or Q1 as UJO says?
Europa says "Over the three months to January 2024, after the completion of the jet pump installation at Wressle, production has averaged over 530 boepd (net 160 boepd to Europa), which is above the forecast upside case from the recent independent technical report"
UJO says "Production for Q1 2024 averaged circa 530 barrels of oil per day (gross) with an average water cut of 24.3%, which is easily disposed of at a nearby facility at negligible cost"
What's Europa got to do with our RNS Pboo, are you so desperate now that you can't find anything wrong with it you have to bring another company in to assist with your negativity 💪
Have Europa got their figures correct????
H1 2024????
https://www.lse.co.uk/rns/EOG/interim-results-6xsdecs528mah89.html
With the published oil log and the divi confirmation today I think we could stake our savings on it being majorly positive news !
Https://ujoukus.com/yet-another-positive-rns-for-the-uks-best-onshore-uk-oiler/