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Absolutely agree Overdog. A very astute move by DB into the USA.
The situation can only worsen in the UK, especially if we have a change of government later in the year.
ATB.
Welcome aboard Canchat.
The move by UJO into the United States should prove to be very exciting over the coming weeks and months.
Having been an investor for over a decade I believe UJO is a great little O&G operation led by a very experienced BOD.
Wishing you all the best.
Wiltshireman is absolutely right. The constant stream of idiotic drivel permeates this board on a daily basis.
UJO is positioned at a very exciting time of its development. Those of us who have been with the Company for many years are only interested in UJO, not the daily nonsense that some post here.
Best wishes to all genuine investors.
I invested in SL over 15 years ago and made the classic mistake of not selling up at the time of the merger when the share price was around the £5 mark. As posted here earlier I too hope for a takeover!
The ongoing situation is a disgrace.
With possible changes in both the UK and US administrations in Q4 the UJO entry could prove to be very rewarding for shareholders.
Following on from Claymore the move once more into Royalties makes sense, and the history behind Reach Oil & Gas in itself makes for interesting reading. Hopefully, we shall soon see an improvement in the share price and another dividend!
GLA.
In the past UJO has extended loan facilities to both EDR and EOG at 12% per annum.
With a substantial sum of money in its coffers, and the existing high levels of interest rates available in the market place UJO is ideally placed to maximise the benefits of short/long term deposits.
I may well have missed something, but I would be interested to read of other views on the subject.
Meanwhile, early news on the Wressle flow rate and the next dividend would be very welcome!
GLA.
Hi milnrowmug,
Well , it seems to be moving up again - now by 6.52%.
I would normally agree with your BB observation, but holding both UJO and EOG any movement upwards has to be welcomed. My question is following EDR will EOG be next on the target list?
I have been a holder in UJO for over 10 years.
ATB
The upward trajectory continues.
Negative posters look increasingly foolish.
I have been a UJO holder for 10 years, and consider it to be a great little Company. Thanks to DB and GB.
Good luck to all genuine investors.
The only comment that I would make is that well over a decade ago I invested in NTOG when they were operating in Ukraine. The operation moved to the United States when Lofgran took over. I lost good money in what I believe was a "Lifestyle" Company.
Strongly recommend DYOR.