Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Where are the accounts for Y/E March 22?
Will this be suspended if they are not published by the end of this month?
And why no explanation regarding the delay?
The report was pretty much as expected but with the bonus that we still have the original 670k barrels in the ground even though we've already taken over 200k. Plenty more oil nearby to tap into.
Ramping or de-ramping, everyone should always do their own research but there are no words really to explain the motives of peasants like mrswamp
Hi gw123, I use AJBell and have a Sipp, ISA and Dealing account with them... my Dealing account is more of a 'failed ISA investment' account to be honest.
I've always found AJBell to be very reasonable regarding costs and their platform is very easy to use.
Has anyone on here managed to do or tried to do a 'matched trade' to sell (or buy) WRES shares since they de-listed?
All depends what comes out in the wash. Seen similar with Eddie Stobart Logistics where everybody got robbed due to a couple of dodgy accountants. Really feel for any PI's stuck holding at higher than 40p.
Err, as per the RNS.
"The Board of Jarvis announces that it is declaring a third quarterly interim dividend of 3 pence per share, to be paid on 8 September 2022 to shareholders on the register on 19 August 2022 and the shares will become ex-dividend on 18 August 2022."
There's no reason the Capital Reduction won't be court approved, and that should free up many millions to do a share buy-back without necessarily spending any of the cash pile or ongoing revenue which will hopefully lead to them being able to declare a maiden dividend with their maiden profits.
It's listed on the main market on the London Stock Exchange. You could hold it in an ISA or Sipp. I don't know if there is any withholding of tax on the divis.
The lot of them should be taking options in lieu of salary.
Where's that Japanese company law expert when you need them?
Any small crumbs left for us shareholders?
Oil major we aren't, and Wressle margins are massive. UJO is in the best position it has ever been, I'm sure that in a month or two I'll wish I was holding more. (dyor)
(statement from when oil was half the price it is now)
The operator has updated the economic model for the Wressle oilfield. Their work has demonstrated that the project is economically robust in the current and improving oil price environment with a full-cycle cash break-even oil price estimated at US$17.62 per barrel and an attractive cash lifting cost below US$10 per barrel.
If this carries on much longer I'll be looking for a straight-jacket company to invest in.
AGM all good, we just wait patiently to hear about buybacks and dividends. A few more weeks is not much to ask especially if you've been with UJO for the whole journey.
The operator has updated the economic model for the Wressle oilfield. Their work has demonstrated that the project is economically robust in the current and improving oil price environment with a full-cycle cash break-even oil price estimated at US$17.62 per barrel and an attractive cash lifting cost below US$10 per barrel.