Member Info for DaveT1

You do know that Wych Farm has a water cut over 90% and it's 30 years since their first water. All bodes well for Wressle and the nearby deposits.

Just need UJO to share some of the free-flowing cash with us shareholders.

I would certainly buy more shares and I know hundreds of others who would think to invest here if there were some indication or promise about paying dividends whilst we are making good profits.

If you look at other onshore wells you can see the top ones have been economically pulling oil for 25 years since their first water cut. Would love to see the new operator extend to Wingfield and Pennystone as soon as possible.

RedLeg available in all supermarkets near me (apart from small Sainsburys).. the through-put in Morrisons seems particularly impressive. Can't understand why Blavod Black Vodka isn't on the UK shelves...

But there hasn't been any dip and they did speculate that the Ashover Grit at Wressle could hold 4 times more oil than reported (without touching Wingfield or Penystone).

Production figures since that report to date seem to align with that positive speculation.

But what if that doesn't happen? Maybe I should buy now before it flies over 500.

Quiz.

What's the oil price comparison for the past 2 years to date - since we've been raking in the money?

+ 90% +100% +110%

Our 'Capital Allocation and Distribution Policy' isn't good enough to attract investors looking for a return rather than a gamble. I think DB needs to re-evaluate the approach before UJO's back pocket bursts with all the cash stuffed in it. All the generic common sense statements in the policy are fine but it needs to end with 'Given the above we will return xx% of surplus cash to shareholders by way of regular dividends'. Then align an interim and final divi with the accounts and pay a special whenever circumstances allow. This would boost the SP and general confidence and wouldn't stop us from making ambitious acquisitions in the future.

Noveck, you’re a clueless, pointless irritating little t(w)@t. You add nothing, you buzz around like an annoying wasp pi55ing everyone off constantly.

You’re either a paid boiler room stooge or a sad unemployed guy sat in Wetherspoons using the free Wi-Fi with nothing much to look forward to in life.

Sound familiar? Am I close ?

Klazomaniac.

If only closed minds came with closed mouths.

If only closed minds came with closed mouths.

Such a shame to see these sells this morning when yesterday showed just how fast the SP can move up when there are a few buys going through. Understandable if they bought much lower and are taking profit but there weren't that many buys over the last few months.

Skid, agree with your sentiments on all points. For No.3 I did see the advert on Channel 4 (I think) and it started well enough but went silly and (IMO) was a waste of a lot of money.

shandy, remember the visitor center is more about Ardgowan and malt whiskey, our Gin still will be in one of the back rooms. I also think Blavod Black Vodka is a decent 'brand' and would like to see them push that in markets other than just duty free.

Good to see that things are on the up following the re-modelling and ridiculous spend on the TV Ad. No need for an equity raise.

Great to see the direct to consumer website (with 'MERCH') and happy that Ardgowan is progressing.

At this level it has to be a strong buy (IMO) (Are you listening Don & Roland?)

Due a trading update for Q1 in July and need to see improvement based on new model with some more positive news about Ardgowan. Some comfort in that our convertible loan investment there covers our MCap.

Re-reading the last update gives the promise of improvement and makes this an opportunity to top-up but if it turns out Don has been lying then I'll hunt him down.

"Despite this, the outlook for the coming financial year is positive. Q4 delivered the strongest revenues of the financial year, indicating that we are successfully rebuilding following the business remodel in the first half of the year. It has been a transitional year for the business - there was a bigger job to be done than anticipated due to larger volumes of stock available in the trade than reported, however we are now through the issues that this has caused in previous quarters, and trading well with direct customers. We are confident that we will continue to build on this success and begin to see the benefits of the remodel from Q1 FY23/24."

We are already getting the 2023 divis (2.052p/share)

Don't see the point in ruining our economy for a little bit of 'green' when countries like India are massively ramping up coal production.

Happy to hold my UJO shares.

Yes, and I want a statement on what everybody had for breakfast today.

There are numerous possible eventual outcomes for the treasury shares.. happy to leave it up to UJO.

Very happy with the update.

Given we already had all future costs covered, there's another million quid that could be distributed to shareholders.