RE: There are, as we all know, positive and megative6 Oct 2022 08:53
The rampers are desperate, mentioning Shell. LMAO.
Wressle is the sole UJO asset with any real value, it's producing decent revenues, but the updated report shows that it's not a long term play and that is FACT!
WN is a dead duck, it failed, twice. It'll need huge investment to try a 3rd time and I would not expect there to be any interest from a large player, why would they bother with an onshore dead duck play?
As for the other assets, yeah, heard that all before, Biscathorpe, YAWN. It's another wild goose chase.
Cash in the bank is good, but it'll be spent on exploration, PI's will not see a divi and any share buy back will be extremely limited.
Better players out there to dabble with, and any talk of UJO hitting a £1 by Xmas is absolute tosh! Beware the meme-queen on here, she's a muppet.