focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Mixster I personally don't know why you bother, but then again I know why you do!
Again Oiler and Fairview.. You seriously got this wrong. This is not my opinion it's a fact. We only raise to fund projects not to prop up a share price. Jezez really.
DB uses institutions that back him and solid lthers and not his ' mates in the City' . That's totally unfair for anyone to suggest it that way. I expected better.
Again read my posts. Fact. We are funded for current program and have cash and funding for other projects. Fact. We will raise again as it's our Modus Operandi. However no one mentions a catalyst here only me. You call a placing with no reasons because the sp didn't rise on the back of Coil selling yesterday. Really. There are two catalyst. One being to fund an aggressive revised program for West Newton. The other is to take a bigger slice of Biscathorpe or Wressle or some small cash for a side track.
So do the research. Don't idly speculate.
I'll ask you both again. Call Bramhill and ask him. Go on call him and put the answer up here.
Make the call or just wait on the placing and the catylst to kick it off.
I certainly hope it comes before Wressle news so we can move on from it.
End of from me. Mix
Absolutely Oiler. I've been vocal on drilling West Newton B to prove extents on the deeper Cadeby, to maximise a buy out price with the 3D over the duplicates, Spring hills and Ellerby plus the completion of the CPR across the PEL.
Now I'm not so sure. After EWT maybe the majors might have seen enough. Risk reward factor. If we drill West Newton B and complete a favourable CPR, EWT and sesimic then that buy out prices rises exponentially. Time will tell but right now, I'd take the flip.
Hang tight Buddy.. Mix
Tymers,
What reflects badly is your attitude, I have shares in both RBD and UJO. I'm waiting to buy into EOG when the time is right.
When i do sell, you will be one of the first to know as i will post here when i do. I would hope you will also do likewise.
Isdeer have you ever sold shares? I am sure you have what ever stocks as such does this make you a weak invester? Review what you spout before putting out it refelcts poorly on you. Anyway part of the UJO club and look forward to seeing a very strong 2020 and as always a patient man . glh
Oiler,
Its not only mind blowing per Merriam-Webster its
breathtaking, charged, electric, electrifying, exciting, exhilarating, exhilarative, galvanic, galvanizing, hair-raising, heart-stopping, inspiring, intoxicating, kicky, mind-bending, mind-boggling, rip-roaring, rousing, stimulating, stirring, thrilling
and wallet expandingly fantastic - soonishly.
Mixster...This is my opinion and it is only an opinion, whether DB has spoken to anyone is nether hear nor there, but it looks like some big holders have got word of something, possible placing, and are selling, this maybe complete speculation on my behalf, but the big boys always seem to be a step ahead of the average pi.And just to add I am I complete agreement with Fairview, I have been initially invested In UJO for around two and a half years with a few top ups along the way, fortunately with a low average and happy holding, but as to why the price was held back yesterday, 1...big seller for reasons stated 2... a great majority in ujo are selling in to any rise in the sp which is in my opinion holding the sp down. Then there are those ramping and predicting prices of 2, 3, and 4p trying to entice new investors in whilst selling, some might be ok with this but it’s not something I admire. The share price could and should be above 0.3 now, possibly even 0.4. Obviously there will be a placing at some point but it will now be at a much lower price than it could have been. There just aren't enough people that are truly willing to back UJO and DB. Most are just looking to bag a quick profit and LTHs are left scratching their heads. To be down after yesterday's RNS is unbelievable.And welcome aboard Tymers.ATB
Tymers,
I'm one of the blinkered club who bought at .08p and will see a ten bagger for my patience.
Its called investing, when you see a good share you stick with it unless something material changes, nothing has changed its only improved with so much more oil and gas than i could have imagined.
Tymers well done on your purchase and glad to see you have a strategy.
That news yesterday was mind blowing, however there was a big seller that killed the action.
I recently heard today from a solid source that the seller was in fact Chris Oil aka Sungod here and he is all out. To be confirmed. He did threaten to do something like this but none the less we have validated that we have better quality assets than we thought we had last week.
So we move on. Give it a few days. Let's get the new financial PR Company The Blytheweigh crew mobilised and a few interviews and let momentum build.
Next up, hopefully Humber will close out the remaining of their shares, if they have any left and we then have a clean base to build from.
Good luck all Mix
Isdeer. You sound like your trying to convince yourself!! The SP has dipped due to news not creating additional value for the business. The weak as you call them are investers who decide to buy and sell stock within the time frames that suit there strategy as you buy and sell stock to suit yours appears you are part of the blinkered club. I mentioned previously I would digest and review through Monday with the objective of making an investment at some point today which I will. glh
The UJO share price will sky rocket as soon as all bulletin boards and chat rooms are shut down! You know what they say; those who follow the herd will, eventually, end up in the slaughterhouse. Just saying.......
I`ll go along with that. Short term traders come and go , a large majority end up losing and disappear.You only hear from the current winners. Market Makers love them as they are the ones who gain . We have great potential for a small oil company run by DB whose judgement I trust. I don`t believe in this talk of conspiracy regarding the placing . It will be done when DB decides its needed and probably around the current price at the time.
Hey Fairview... No brave face.. I was gutted myself yesterday. All I'm saying is we need to get over blaming everyone else for market reaction. There was a big sell yesterday that killed momentum.. Humber, coil.. Who cares.. It's a VUCA market we are in. We need to trust the fact that we as a company have more quality assets than we thought we had last week. We are better positioned so let's move on from that. If someone top slices to buy more at a lower level without deramping we'll I'd say fair play in increasing their holding. Wish I seen it lol.
Ninetails.. I know you mean well and I'm a fan of Oiler but do me a favour. Call DB and ask him has he talked to people on a placing. How can I categorically say he hasn't, well that's easy.. I've been here pre ipo and supported every placing but that's just my word for it. Ring DB and ask him then post the answer back here.
All good Fairview and a valid question from you.. Good luck Mix
Its weak holders selling up and those that need money now, the oil and gas aint going anywhere, people may be moving onto what they think is the next best thing, they will all come flooding back. Anyone who has done due dilligence can see UJO and RBD who are still stuck at 0.9p have a massive on land close to infrastructure oil discovery with further unparalleled potential for a small cap oil company in the UK. A little patience is the key to huge profits. I'm not selling a single one at this price, it has too much going for it. If the sp drops i will add and wait for 1p to cash out some of my shares. Let the games begin, let them shake out the weak, i'm here until my sell price has been met and not any ukok deramping loony or anyone else's.
Mixster... For what it’s worth I would like to say oiler87 and costa are spot on with there opinions as to what is going on, whilst I like reading your posts, and agree with lots you say, how can you say categorically that oilers post was incorrect, it is his opinion, and on this occasion an opinion I agree with atb.
As far as I'm concerned mixster you're just trying to put a brave face on it. Heid and plenty of others sell in to any rise in the sp while saying it's worth 2p or 3p or whatever. The share price could and should be above 0.3 now, possibly even 0.4. Obviously there will be a placing at some point but it will now be at a much lower price than it could have been. There just aren't enough people that are truly willing to back UJO and DB. Most are just looking to bag a quick profit and LTHs are left scratching their heads. To be down after yesterday's RNS is unbelievable.
**** forgot my good friend Costa is here a long time to and a strong lther and no doubt have missed others so apologies.
Oiler.. Man I like your posts and how you to champion UJO but I would say that your last post is not correct. DB has gone to no one.. Period. No lthers sold. DB would see that. He knows their positions. Until we see the revised program DB does not know if he has to raise or how much. He can't say much more or speculate other than to say we are funded for the current program. He's no doser however. He sees the cash injection from RBD and knows Rathlin are chomping at the bit, so he knows the aggressive change in tack to target oil production first will result in him having to place.. But what can he say until the revised program materialise. That's a fact.
So like I've said, let him do his thing to deliver value but I'm betting as always that next placing will be over subscribed and probably not at a discount.
So forgive the correction Oiler as you are always on the money but I'm just giving you an insight, that's all..
Take care.. And relax all.. you are invested I. What curreny9seems to be the biggest onshore UK discovery since Bez was in shorts ;-)
All the best Mix
Folks cool the jets for Christ sake. No panic.
In short and I'll try and address a few call outs imho..
1) Vanguard.. People in placings are trusted not to sell. Normally lthers well known to DB. Sticky hands. They've supported each placing and taken a loss most of the time initially. Last 2 l km acibgs came good but we don't get a discount. We support the company and DB. They will support the next placing 100%
2) Placing.. I'll say it again... Of course it's coming but we don't know the impact and either does DB until we see the revised program. END Of. I want a placing for 2 Mil if it gets me to a 1p to 2p buy out of West Newton quicker. You don't like placings then you are in the wrong company.. Modus Operandi to realise value. No one complained when we supported the placing initially for West Newton when it was a punt.
3) Heid does not control this share and neither did she sell 400 Mil yesterday. Jazuz really. She and yes she is female.. Champions UJO. Never Deramps. Has moved away from Chris oil.. And yes took profit. FMP I wish I had. So seriously let's stop blaming ordinary PI's here. I've got to know her and both Heid and her partner are well invested here. If they make money fair play but she does it honestly so let's move on
4) Flipping West Newton will be the license.. Ie PEL 183 and not WN A2 or B or any drill. Ideally if DB played his cards right, he'd flip the license and try and retain some royalties.
5) AIM. Well this is the market we are in. Until we met the criteria for entry to another market then this is the game we play. A great move imho would be a flip of West Newton, increase market cap, move to another market, get Wressle to production and increase the number of wells, buy more Biscathorpe and develop that. How's that for a sticky post-it strategy lol.
6) Sell off. Yes my gut feel was it was Humber. I believe it was someone that really needed the cash. Could be wrong. Either way, we gotta deal with it and move on.
So that's my 2 pence worth but seriously I'm here for the end game.. Budge, Rudy, Siliv, ismalia, Bez, Big to name a few have been here for the end game. Patience. I'd rather miss the top slicing on spikes and be in for the Flip... That's all I'm saying.
Good luck. Hang tight. Trust only an RNS and your research. I hope we do well.
On a side note, there is no one and I mean no one that sweats it like DB. He is truely about the shareholders. Takes a minimum wage from UJO. Lived for a moment like yesterday and was gutted at the SP. But FMP.. he won't winge about it.. Blame someone else.. He'll stay with his strategy and deliver and myself and others will back him all the way. You have never known him to tell a porkies. I'll back him because of his ethics and so will others.
Right stuff that.. I need a drink.. Mix..
Ps.. Heid you are female.. Arnt you ;-)