Member Info for fairdealer20

RF does hold over 1m shares which one would believe gives him every incentive to stay in post.

workover, come on the reply was rhetorical, as for stifling debate what nonsense.
You should do a bit more research as the poster concerned has consistently questioned the value of an investment in JOG. I don't want anyone too invest and potentially lose money which is against their better judgement. Do you?

GB probably a "finger in the air" job. You seem very concerned. Should you liquidate your investment and reduce losses? That would seem a most sensible move!

The demographic has changed significantly the past many years, forward-thinking company's have planned accordingly otherwise go-under.
The Beast from the East hammered many sectors, hospitality more than most and the SP's suffered. Using, the valid, weather analogy there has been neither a recovery from that decline or any enhancement due too current conditions, indeed quite the opposite. Many Pubs/Inns have been heaving these last 6/7 weeks and brewery output is recorded to have increased over 60%. Do wonder if the food side has problems. Patrons may be drinking more but eating less due to the hot weather and possibly restruants have been slow to revise menus?

The sector is certainly out of favour, however at these levels one could think astute funds would be picking up on dividend return alone.

Sarcasm, maybe, bickering No. The former is the only language some Investors understand. The UKOG board is full of it and many cannot see the wood for the trees. If a Ramper or De-ramper, they are there(UKOG) in equal measure and feed off one another's greed for instant wealth. For a bit of light entertainment an occasional visit too the board will fit the bill.
Incidentally UKOG undergo a transformation today by becoming a " Producer" and no longer an Investment Fund. In the case of that company there must be a difference??

When nothing much is happening on these boards a little light relief helps, after all it is " Mid-Summer Madness"

Hottest, driest summer in 40 years and yet the whole sector is in decline. Any thoughts?

mikemike, you know it and I know it, but there are a number of gullible souls over there who do not.
Fake news or not some think a defunct ESSO pipeline can be tapped into. I guess that is after water separation, which is significant.

The Gatwick Gusher as it is nicknamed appears so close to the airport there are rumours a direct pipeline may be installed to fuel aircraft. It seems a guy called Lenigas has the Midas touch!!!

GB you are an astute mathematician surprised the volatility of UKOG has escaped your incisive mind. Your notional 20K would have achieved a healthy 100% return this last month and 1 year ago you could have gained a huge 800% increase. As a trader keeping a very close eye on hourly movements your 20k invested and cashed and re-invested would now be worth over 300K.Not bad eh.You would be a wealthy man?

Abatt1, GB operates in a different Universe!!

GB as you have so little confidence in the JOG BOD consider a dabble in UKOG which will produce several thousand shares at small outlay. Think of the potential upside given the competent Executive Team that run this Weald Oiler. If nothing else it will be great fun to read the mascinations of the well informed Posters on that Board.

JODO the Commission have issued a decision in Early July, which will adversely effect a process, used in one of the Union's basic Industrys, which has been in place since 2013. In spite of Member State representations, including the UK ( DEFRA), the Commission have decided an Inspection process, which has worked well, will be withdrawn after 31st December 2019. This is not fiction and demonstrates how Bureacrats ignore not just the UK but other Member states, France and Germany included.

Urraca, absolutely agree. I am one of those, and will probably get flack for saying as I have already, far better to bite the bullet, leave save the money we are paying etc. OK it will be tough for a while but no where near as agonising as we will suffer with Barnier & Co at the helm.
I am already finding with another Industry with which I am involved, the Commission are issuing Directives which can only be designed too undermine certain well-tested protocols being applied in this Country.

North Sea reserves are a very valuable asset to the UK which we need to protect. Unfortuneately a Norwegian company "may" be having their arm twisted!!!

No, fundamentally I believe in sticking by decisions made and getting on with it. This shilly shalling about just shows us as a Nation to be spineless, afraid. Not my way, rightly or wrongly. Anyone with a cintella sense will work with decisiveness whether they like it not.

You think so? Not IMO. Whilst we have people trying to negotiate a deal ( which is not going to happen), who don't have a clue about Business Negotiations, anything is possible.

Whatever one thinks of Trump he certainly focuses minds and gets a deal which suits the US. We should have played "hardball" not this pussy-footing about and having rings run around us.

Now,now Urraca there are expert investors here who know how many beans make 5!

SG read his past posts, some are very illiterate, but occasionally a few very literate. Some of us, a while ago, thought it may be more than one person.
Read his posts and form your own opinion.

Did you think to either appoint a proxy or record your concerns in writing? If neither a letter to the BOD requesting details of the mechanism in place which determines remuneration, is appropriate..

We all have busy lives but I always try to make an effort too attend AGM's if something bugs me. That way I cannot complain..

Did anyone attend the AGM on 24th May and question the levels of remuneration?
That was the ideal platform for concerned Shareholders to raise concerns which would have allowed the BOD a proper opportunity to answer.

Many LTH should have realised a long time ago, that as a Junior partner JOG, on this project, appraisal and development work will always be at the behest of Equinor. This will continue to be the case no matter how experienced the BOD. Equinor are experienced and have the scope to determine where and when they operate.
It remains to be seen once the size and volume of reserves are determined, how Equinor will proceed as the Major Partner?

The UK are leaving the EU and North Sea reserves are a valuable asset to our Country, is it conceivable Brussels are engineering affairs to frustrate Brexit? This may seem a bit far fetched, however I have experience, in another Industry, where this is happening. Nothing will surprise me.