Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
All onshore oil AND gas exploration and production licences.. So pleased David took the decision to enter the US before everyone else follows suit. We are ahead of the game big style 🏆 Ruth Hayhurst must he in here element right now with so many negative articles to write
1.40 - 1.50 mins in?
Yes, there are and no doubt some are playing a game, but I think confidence is returning in the management and the future here and more pople will start buying and holding. Need to break 30p I think, that would be the level the main profit takers will sell. Then a new era begins maybe?
There's been little mention of the gas too. The Andrews well was going to be sending gas to the grid so more revenues from that to factor in. Looking forward to lots of updates over the coming weeks.
From what I understand from that response Joking4u, the treasury shares are locked in. Full stop. They cannot and have not been used, loaned out etc. Good to know that x
Paid this year is minimal and the company spends every available penny on more wells in the US. Hopefully then a decent year end divi.
Hearing how the royalties are doing here too. The fact they were mentioned as being materially beneficial in contributing to a dividend suggests the revenue return is impressive.
I'd believe whats on there before what I'd believe on here Uggy x
Is second to none in my opinion. Over a dozen positive RNSs this year to date and always a response on the X account where possible. Not many AIM companies as clear as this.
Will be happy to know this. Well done X account on clarifying it.
We would like to make it quite clear that;
a) The Treasury Shares are held in Union Jack`s designated account at Computershare and the only access to those shares are by the Company themselves - we would not under any circumstances loan these shares to any individual or entity.
b) The Treasury Shares are held as an asset and have a value in excess of £1.5 million on our Balance Sheet.
c) Treasury Shares, due to the fact that they are not in circulation increase the earnings per share and are not entitled to voting rights or any dividends.
Super fast and comprehensive response. One for @joking4u 😂
My thoughts exactly Jimmcdee, there is a strong positive sentiment on X, a massive audience compared to this bb yet none of the negativity seen here. We should hopefully get an update soon and then make some more guesses at what comes next 😂
As the PR wheels are turning in the US with Harbor and Sidoti, and the companies Union Jack have bought Mineral Royalties in, such as Hess, Chevron, Conoco to name but a few, the company is building a quality presence. Whilst nothing is guaranteed, I do believe the Andrews1 well is progressing towards commercial production status. The constant 'hints' of positivity on X, whilst giving little away, do suggest an air of confidence in the success of this well. If successful, I would expect another well to be drilled quite soon after, why not? Two wells producing even at the minimum expectation would give Union Jack almost 150 bopd which at $85 would return over $4,000,000 per year 😲. 3 wells almost $7,000,000 😲😲
Imagine trying to get two wells drilled in 6 months in the UK, then the 75% EPL after two years of planning applications and objections. Great move David taking us into the United States💪
Note the wording from Mike W, 'in the coming days, WEEK'. Not weeks, WEEK. It could be a slip or a nudge nudge wink wink on the wording 😉
The way things are going I don't see Biscathorpe or North Kelsey ever being developed. I do feel West Newton will go ahead and regardless of this little hiccup with the HER, the Peni3tone Flags will be drilled this year. And those two will provide exceptional revenues whilst Union Jack concentrate on their US wells where planning, activists and equipment availability is all in the company's favour.
Pboo, I know full well nothing you say makes any difference, I am saying you seem to have an issue with this company to post as you do. I hear you spent a few years camping outside the UKOG site reporting on tankers? That obsession appears to be the same as you have here. Why would anyone spend so much of their life trying to diminish sentiment the way you do? How about answering that?
I do believe that the company are being as transparent as possible between RNSs by using their X account to assure shareholders that all is well. If there were any problems, they would not be putting pictures up from the rig arrival, then commencement of drilling, the pump jack assembly and now a video of that equipment operating. There would just he a silence until the flow rates were or were not made available. You can read into this transparency however you like but to me it is an assurance that the well IS a major success as David has stated and as soon as they have the oil going into the tanks we will get a super RNS. That will likely be within the next week all being well 😀
Pboo, you don't hold, if you did you would at least be positive when good news came out. You don't trade it as you are always negative, never positive, so you would be trashing your own trade 😂
The fact is Pboo, and it IS a FACT, you are NOT a shareholder, yet you persist in your negativism on every announcement the company publish. I am sure if they drilled into a gold mine you would suggest it was low grade. I don't understand why you have to do this every time, it suggests you have a personal issue with the board as you are a non-shareholder and don't even buy on a major drop in value.
But Pboo, you immediately present with a negative. I am sure the company wouldn't be giving such great updates if there were any issues.