Member Info for Gwynwin

And the Market reacts to Sentiment or the little people with shares taking notice of the twits on here and there half truths they spout expecting a magic wand and cannot accept that shares here are a gamble no mater what you believe.

I see the Miserables are all out in force want to rubbish it before it starts
Can we not try to find the bottom before we get there and give them a change to change things and better our chances because on here they seem to want to destroy before it gets going

Very few on here or all over AIM with the virtue of patience
mostly all looking for the miracle of a quick buck

This is a really good oprurtunity for EDL to get off the Ground and if coal stays high then things are really looking good
even with 10 dollars that is 60000 dollars a month but it could double that as profit or 100000 dollars profit only.
a good way on the step forward in tight direction good luck and hope they do well up to the rainy season.

All looking for instant results when everyone is aware that is the impossible dream of all time.
RNS's not due until there is confirmation and please read the RNS slowly and see why they are not due would help you all a lot.
only after the 30 Aug maybe courts results will be reveled first week in sept22
Until then only new stuff can maybe result in a RNS stop you all looking for a magic wand there is no such thing.
I put a thing on here called Rumor and we had people writing about it can no one see a wind up to start with.
Oh and DB has to wait like the rest of us when trying to get things done we are all at the mercy of the planners Controllers and a load of right Tosses in Charge.

UJO buying a slice of Shell north Sea Floor

Ujo will be joining the 22% that are paying dividends on AIM and a average of 2.5 dividend will double my expectants of 1.3 yeppe let the good times roll.
https://www.bing.com/search?q=aim+shares+paying+dividends&FORM=QSRE2

Phoo that will be the 64 million dollar question hopefully something and just noticed should read DB i must of been thinking about xtr while waffling here
I just think it might be a move in right direction tostart giving the share holders some value

CB lets see a buy backof 10 mil shares and a dividend of 5% total cost of 4 mil pounds then you have 5 mill plus the incom to do what tou want to improve and complete drilling for more income

Courts should be sitting soon and. Then the share buyback or dividends begin
That is wh ere the 9 million is going
Plus Biscathorpe appeal will be OK verysoon afterwards
Hold out for a bigger share price

Ah got my worms crossed again oh well better a fool than being serious about life it is only a twinkle then its gone but glad to one is awake on here

Sell on the rest and keep Wressle gives them 70 % of production stripe out the assets and sell the rest its theway of the world maybe not a rumour then haha

In the next 6 months to a year UJO will have enough to buy out UKOG with a 20% upgrade on there shares haha.

Forget the risk and the smoke n mirrors on here the loss is not un recoverable and you cannot make a omelette with out breaking eggs look at what we are gaining if it does come good gas or oil one will do with Biscathorpe another big one in the pipeline getting pre drilling appeals very soon.

Or just another way of selling the shares down the line as below.
While convertible loan notes can be a good option for borrowers, since the interest payable is typically lower than on a standard loan and they’re simpler to set up than equity investment, they can sometimes attract negative tax consequences for both the borrower and the investors.

If they are converted then they have to be paid back with interest.

• Net Assets at 31 January 2021 of £25.658 million (H1 2020: £27.812 million)
• £1 million loan facility secured with Union Jack Oil plc
• £1.051 million convertible loan notes issued following approval at a General Meeting in
this was in Jan 2021 statement, and a thousand plus convertible loan notes is not scots mist old boy .

And you forget they are in hock for loads of cash and UJO had to advance them cash to get over a hump
So they own a lot but then so does their banks own it as well UJO is free and just cash rolling in day after day

For all the thicko’s that are posting on here and seem to think one can wave a magic wand should read the first mission statement statement in short eads like they are looking for projects thatwill leadto a cash raising situ with the following controls We operate a disciplined approach in discovering new oil and to monetise through selective development to replace reserves and sustain future production; the cash engine of the business.

Our portfolio of interests is well balanced with a mixture of production, development and late-stage, potentially high end value exploration.

And nottry and lift a rabbit out of a hat as some are suggesting on here but as they say fools do rush in.

Good Question and if UJO had no t hoovered up the little companies that were failing with cash flows the whole project may have suffered"