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Lots of talk re `flip` If they do,what do you think the share price
will be?
ATB ff
ff
No one knows what WN may or may not be worth until the results come in. DB has high expectations though as you can see from his various video interviews. I think he once said that 1p, 2p or 3p could happen but, it's all guess work.
If WN brings home the oil then the sp will definitely be higher than now!
But, there's more! Biscathorpe, Wressle etc...
Number6...No one knows what WN may or may not be worth until the results come in. DB has high expectations though as you can see from his various video interviews...agreed, but the 1p 2p 3p, video If you watch it again you will see that you are taking his words completely out of context, he was merely saying that it would be a dangerous share to short as(the aim market)it was so unpredictable when questioned about the shorting of shares on aim in general.
Ninetails, quote your previous post here, 04 Aug 2020 19:37
"Maybe with everything going to plan and excellent pr interviews, sp holding well, might be a good time for a placing? (Can’t stay fully funded for ever)"
So now you talk of 'shorting' and 'placings'
.. Hmmmm.. BIG sigh.
Is that in inches ?
Please, not on this board.
I would have no problem with DB ujo doing a placing or fund raise for future projects when the sp is on the rise or at least stable, the last placing was a farce, although it turned out not so bad in the end more by good luck than anything else, and yes in that video DB was taken out of context, but apart from that I have absolutely no idea what you’re reply is meant to mean???
Yes, Nine tails.
I haven't been able to find the video since and knew DB had said something.
Anyway, I'm very optimistic like DB and confident that the sp will be heading north on news over the coming weeks. I'd like to think we may eventually see 1p.
I have no idea why you need to mention a placing Ninetails in your previous post.
There is NO placing needed at the moment.
We are fully funded for the rest of this year.
You will put off new investors here with your talk of placings.
Though flip this situation to next year and I would be more than happy to buy in to a placing if the story here unfolds as I would hope.
My prediction here remains 3p plus.
Heid
A 10bagger from here would be incredible.
Just the same as I have no idea why you mention 3p at the moment, it might entice future investors into this share that have less experience than you, as you do have a history of ramping...Even bigger sigh!!!
I'm just having a read on Ineos actually Number6.
"INEOS Oil & Gas UK is a fully integrated exploration and production company. Our focus is primarily on gas production.
We make a significant contribution towards securing the UK energy supplies by means of sustainably high domestic production levels. Our focus is the Southern North Sea and West of Shetlands."
Nice fit for Union Jack for the gas maybe ?
Start again. Nine tail s he actually said when asked where the sp could go said he’d heard of estimates of 1,2,3 or4 p but anyway he wouldn’t want to short it. Not withstanding the above filtered for constant deramping by talking b...cos about a placing Tara.
Ninetails, can you not read ?
Ponkey has filtered you. He isn't interested in your posts anymore.
Infact, others may have filtered you after your 'constant deramping' as Ponkey stated.
Night. x
Personally I think DB should do a fundraising at this point, get us funded for the future so there is no urgency going forward. But please, just raise the money from loyal shareholders and not fly-by-nights.
Fully funded and Cah flow positive H2, fundraiser not required unless any bargain basement acquisitions show up but seriously we have enough quality assets to be going on with right now
Please do not forget that we have Wressle going in to production very shortly that will be new income for Union Jack Oil.Mind you I am sure David and his team have already set that aside for something or other no doubt.
I would not like another fund raise at this point adv11, not that I think one is necessary.
One thing at a time please.
Having said that I would definitely join in with one if alls good and we need it for Biscathorpe in the new year.
I don't mind having a rights issue if / when one is really necessary, as they give the private investors a chance to participate, But they're a lot more expensive and time consuming, etc than having a placing with a smallish group of institutions. I assume this is why many small companies will always prefer to have a placing rathe than a rights issue
I just took part in one with ODX and managed to get extra shares allocated, so that was pretty cool.
Cost 40p now trading at just under 60p
Let's see what occurs here next year. I would jump at the chance if all goes to plan.
Heid
That's just it. If we get an offer from a decent company like Ineos then the ujo sp will no doubt go crazy. Probably run way too high and that's when 2p or 3p spikes can happen
Could easily be a 3 or 5 bagger and even a 10 bagger as you predict.
Imo
So Heidi is now a board administrator? I am perfectly entitled to express an opinion and mine is that the max SP here will be 0.84p, it may go to 1p for a nano second. Just look at the number of shares in issue; billions!! So a consolidation will dilute all holding significantly. Put your rose tinted specs away Heidi and pop into the real world............the headmistress act will not work with me.
one needs some Ice today but not for me, troll Friday-bibib
And before I banish you to room 101 or the playground, you have constantly spouted .84p max. What do you base this Max figure on....do you know what B1/2 will produce ?? Can you see through the rock at Biscathorpe??? No so your assessment is akin to deramping. Heid,myself and others equally cannot do the same but have taken a view that given a fairwind and successful drills then figures of 1,2 or even 3p are attainable especially as given this is aim. The shares in issue is a red herring and you should concentrate on the mcap and how it may correlate to any further discovery's( remember we already have one) and upgrades so putting a max achievable price on an unknown is politely ridiculous and not so politely school boyish. Therefore filtered for talking absolute rubbish.
I’m a significant LTH with this stock and wish you all well.