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JAMES--Good writeup!! Someone asked how UJO could affect the Hydrocarbons in Humber?IMO OIL/GAS will still be neded for powere to poduce these other sources of energy. As said many times before , now, the Humber area is going to be an enormous UK Energy hub---so many things ideal for this to be so and expand UK industry. We have these people--entitled to their opinion--who say we are destroying the world blah blah, but I always remember the simple thing to remember---as my scienc teacher always used to impress upon us--Nothing in the World can be created or destroyed!! UJO either in its current form or part of a bigger organisation, will be important in providing the raw materials for this new age in our energy source
ALMSTER--As I understand it--and no doubt someone will correct me if I am wrong?? As soon as oil taken to refinery UJO gets their proportion of the sale money--For example when 500 bopd is being produced UJO gets 200bopd equivalent from the sale and paid whatever the market value is! Hopefully one day the 500bopd will be increased!!
As many have said already myself included, the Humber area of U is the future of UK Energy. In an ideal location for many reasons. Not heavily populated with stockbroker types, easy transport links, much infrastructure already in place, workforce available much investment going on from BIG companies, an area that UJO its partners and investors could well reap an enormous amount of benefits--Good Luck to all
I would not disagree with that list, but many will be long gone before then list ends, pivotal to many is how much and when WN sold, for how much and how it effects the sp and what sort of divi is handed out? Biscathorpe is maybe another diamond in the UJO portfolio as DB has always hinted he is very ínterested´in this one--a dark horse maybe. For those with patience to hold all or some of their shares maybe handsomely rewarde. many exiting times ahead provided day traders do not take carpet from under our feet!!
Been out all morning better things to do than sit all day on lap top, in answer HE is who released OIL FLOWING on Sunday before official RNS--as he always does, Inside information!! Been happening for years here and elsewhere, something some have to live with Trading faily OK but trading on back of inside info not so fair---in my eyes!??
Lunus---In response to your post to me last evening- Thanks--Oh I agree not just THAT one bloke trading but it is him time and time again getting inside information and then his group of followers---some on here---follow like sheep and we get this daily trading. Many like myself have not the time or where with all to sit all day trading on ill gotten news. Have to admit as DB once said--he is a clever man, has his contacts in this and many other shares. We either have to suck it or get out. For me WN holds the key currently for any of us to make REAL money--an eventual buy out would generate a good spike in sp plus a divi. people will make their own decisions but some on back door information, which I want no part of. Good Luck
I have to say that it is sad to see an increasing number of LTH really getting ****ed off with RNS news being trumped by someone announcing the news before the official RNS release---this has been going on for far too long and many are suspicious as to who it is and appears to be being done for personal gain--but 64000$ question--How to stop it. A series of GOOD NEWS RNSs has failed to stimulate the sp beyond.20p!!
DB chipper as usual, WN best things he has seen and he,s been in business since 1966 NO PLACING Cash rich and WN to be tested---lots of good things to come, Bit caggy I thought on a buy out--lots of breaks in interview so different from WRESSLE di NOT flow Ha Ha. IF they are in talks with big boys certainly did not leave any clues. But no messing about now forging ahead. Good interview but a few more probing questions could have been asked IMO
Who knows here the sp should really be, the market decides that? But a true tale I have told before--a colleague of mine years ago told me of a share he bought for under 10p---it rose to 25p but then started to drop suddenly--so he sold at 15p, a nice profit for him. A few years later he casually looked at the same company sp---37 pounds!! Hindsight a wonderful things and yes sp can rocket on sentiment and many other factors. Keep the faith or get out I am staying!