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CT5 - Honestly, i think some of the stuff they are doing is absolutely excellent. Much like it was absolutely excellent when they drilled Wressle and Keddington and got planning here there and everywhere.
There is a time value to an investment. Investors need a return and so far, we have had nothing. Over a very very long time. So what faith do i have that even if the US flows like the Mississippi, Wressle gets stronger, even West Newton turns productive that me, as in investor is going to get my return, that also reflects the pounds shilling and pence, and the time value of the investment.
Lets see - as i say, some great stuff, but we need to start seeing some positive returns for investors.
David knows ... we just dream of 50p
https://youtu.be/L5gRuU9PIEI?si=_LZnLeQSFLrl22th
Where’s the andrews oil update? David knows by now if there’s oil or not. it’s 8 days for testing and we are well past that…. update time
I think you will find that a certain poster has NPD. Just Google 'special me' to understand. Would be a solution to just filter as it would be better for all involved.
I totally agree with your sentiment Karina, it's not nice seeing someone constantly trashing your investment, even more so when they are not even invested. All those silly polls and constant attacks on the board, the assets etc are annoying and this is why I try to defend my investment too. The likes on our posts show quite clearly many others feel the same way. Heid has made her point, everyone knows it.
Not a word I use lightly CT and to be fair I was fuming at the time.
I have a significant sum in UJO and my sons are also invested, I feel I have every right to bite at anyone that feels they have the right, and lets face it takes active pleasure, in seeing us lose money
So I will not apologise and I note LSE have not removed the post, perhaps they are as fed up off her as we are?
I would so love this board to stick to UJO and not flights of fancy and personal attacks
The Tories have been given a massive hammering in the elections by labour which all points to a pretty likely outcome in the main elections. Labour will, imo, be the next governing party which all points to more pressure on companies like UJO. Energy Profit Levi will rise by a further 3% and the cessation of any further onshore licensing, exploration or production. Thank goodness David has pre-empted this with the move into the US.
Milnrow, Those treasury shares could be of immense value to the company further down the road. This deal with Reach looks to be very strong and there may be an opportunity to join forces maybe? If that happened, the shares could be used this saving raising any money. I would prefer they were kept for now. Regards Karina's comments, they were in fairness a little over the top in terms of the 'C' word, I do hate that being used, but my post about Heid too received over a dozen likes. She does flip flop almost on a daily basis, her silly polls , her belief she has some sort of power over David, her constant attacks on the board, she is a bit ridiculous. However, everyone has a fundamental right to speak as they feel so sadly, sniping at each other will carry on regardless.
14 people disagree on that point Miln. That’s pretty overwhelming on this board
Heid&JOkin, these need to be sold not held, and anymore buy-backs we can afford.
CT5&JOkin, buy-backs to resell dearer, what would that do to the sp of the company: I do not recommend?
Pboo, imo he should, & cancel.
Karin, that was a rude and nasty denunciation of Heid. All her posts are visible, we know how bad she has been for years; this is not needed.
As to 50p, we did, I sliced; not much though. Dugghhh
You will see £1, just can't say when. Foolish to forecast in detail, "hostage to fortune". We know assets, prospects, income & cash in bank. Sure, future is unknown but we are exceptionally well-placed to deal with it.
Just, please, no more dumb forecasts, or polls?
You gotta wonder how many will jump ship if it ever reaches 50p ??
An to think I once saw a pound.
Zzzzz Night TAC.
Maybe matey boy will buy in, Craig ? Though probably a closed period.
Guess he will buy in soon though. Least one would hope so.
And never a Friday RNS. So I am expecting an announcement next week to confirm the commerciality of the Andrews1 well. This will fit in with the Sidoti event so it is, in my mind, already waiting to be confirmed. Last chance tomorrow to buy in maybe 😀
Give TheAimCasino a nudge would you. I enjoy his/her musings about institutional Investors buying in and predictions on when the SP will be £1... 😉
No two ways about it CT. An independent advisor cannot hold shares….
Hopefully a new poll is issuedzzzzzzzzzz
Good point Karina. An independent advisor surely cannot hold shares or he would be biased and anything he did for the company would not be recognised. That would apply to anything he contributed to like the audit possibly I assume? Craig Howie could of course take some as an executive director.
As you are keeping it company focussed
How do you square away UJOs independent advisors buying shares in UJO? They would then have to resign as advisors as they’re no longer independent and we lose the key partner ….. genious….
Pretty poor effort by someone who thought they would be a board appointee don’t you think ?
#UJO Next pump an dump coming on USA news for @UnionJackOilplc
@OG_Advisors or Craig Howie buying in would bode well
Two decent divis this year. Buy backs restart now at 23p being cheap
Cancel treasury shares
To hold 35p board/ @ofarrellj need to be more strategic for LTHs
AGREE more strategy req'd 60%
FINAL RESULT
Thank you for all that took time to vote 😁 👍
As it goes I think you are a right sucker posting on ADVFN that a dividend was in the mix after you attended the 2023 AGM from the Egdon funds an it never came to fruition, Karina1
It was not like the board took a pay cut. Should rename it "I'm ok Jack !"
Poor show David teasing share holders an not keeping your promise when the share price has still not recovered to the 32p where sat at on the AGM day 2023
That was the LAST buyback on the AGM day.
Despite David's comment of 'The share buy-back and dividend programmes continue' in the pre AGM RNS 14th June everything pretty much stopped. Infact David you have still left shareholders wondering what you will award us for the next dividend after the disappointing 0.30p conveniently announce pre AGM as well. Nothing since !
You say you have a war chest of money but I think you are very poor at awarding shareholders or being strategic with increasing the share price.
That was so funny, but so true. Spend the money drilling in America not on dividends. I’m 75 and can wait for the right time.
Closed period
Next
You may have noticed my lack of response to your comments on every post I make. You did request that we no longer comment on each other's musings but seem to have forgotten. I have absolutely no interest in discussing anything with someone who actually believes what she says has been acted on by the board of Union Jack or even so such as takes a second of their time to consider it. I disagree with your 'demand for a big dividend, I would rather that cash was spent on a second or even third well in Oklahoma this year. I disagree with your buy-back demands too. You flip flop between supporting this company to trashing it, from showing support for the board to abusing them. You're congratulating them when the SP goes up and berating them when it goes down as though the fact the oil market in the UK is being hammered incessantly by the government and activists. You are obviously trading it with your daily changes of sentiment and to be honest, you polls are as ridiculous as you. So please, please stop commenting on my views and I will continue to ignore yours, there's a dear x
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