Sapan Ghai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Yes, Well at least I did not load up here at last year's AGM price of 32p to 24p today or I would have been on a substantial loss instead of getting all my money back yesterday with a nice 5%
As I say, we have the family holdings an hopefully we will one day get a return there too.
It is risk reward like Zac said yesterday.
My first bond matured yesterday an I got all my money back with 4.74% interest
I have quite a few more to mature this year an I will get over 5% on the majority
I fixed two more bonds yesterday with Hargreaves so they will be rolling out regularly from now.
I do not believe it is a good idea to put all your eggs in one basket an to split the risk.
We have our holding here too so let us hope one day we see at least 50p with regular dividends.
"Hello Christine. Please note the 2023 AGM when the share price was 32p. Notably 24p is part of investor's portfolios today. Union Jack are not obligated to report everything including the dividend hence volume is low today. We wait... ' 😀
I hope a decent dividend yield is coming when I look at the interest lost here over last couple of years or so an the disappointing share price.
Reabold seriously need to RNS funding asap to drill West Newton this year.
I am perplexed here as Zac's presentation had mentions of 150 BOPD I seem to recall for drills in the area ?!
Commercial means that the oil will make a profit for all involved.
Major success for me is the speed that this has been drilled with no opposition from the likes of local councils.
Mark @Me32063
1h
#UJO Andrews well details reported by Oklahoma. 20 bopd.
https://x.com/Me32063/status/1788804336358670420
Zac Phillips nailed it today when he said the board were 'perplexed' about dividends meaning... completely baffled; very puzzled. Like you pointed out consolidation price 32p actual price approx 24p
Are the board really being strategic enough regarding attracting new investors ?! Hmmmm.
I would like to express my appreciation for anyone that votes in my polls.
I am pretty chuffed that 30 of you take the time to engage an some of my results are great to see what you all think an not just the work of some of these paid PR men that you can spot a mile off.
If I do annoy you though then is is simple to filter me. Your call.
Good job Zac, you did very well today but not so sure you pulled in the punters.
My polls are important to me when I have something to get out an there an see other people's thoughts.
I am not just like your generic Malcy or ShareTalk...I like to give my honest views here whether some like it or not an not just regurge an RNS.
You put Biscathorpe on your list, that will never be drilled now
You said "Hopefully !!!!!! WN might get drilled and commercial one day, but with the stupid taxation, then why rush.'
Sorry, but this is a really blinkered view with the value of the gas at West Newton an David can claim lots of tax back on that project too
Looking forward to the annual report next to see some of the detail.
I think David will look a right stingy old man if it is 0.20p
It is clear that the share price is 'slowly' rising an as I said earlier I do not think Zac gave it enough to attract new investors yet.
It is all well an good drilling wells for months an months but share holders want returns too, not just the board who are guaranteed their salaries.
Why buybacks are no where to be seen is equally a mystery when David could have done very well from 14p an up.
Hey ho...put me on the board.
#UJO Share price still below last year's AGM 32p. Dividends perplex the board; quite simple reward us with at least 0.60p. Restart buybacks an stop fannying around. Keep it balanced with drills !
@OG_Advisors @ofarrellj
It was very interesting but it was a shame we are so near the annual report as there was a lot he could not discuss. He admitted that dividends are very perplexing. Share buy backs I sent a question as to why they stopped at last year's AGM yet we are far cheaper now. I would'nt say he sold Union Jack to any new investors listening in as some of it was rather blah blah an in the pipeline. Interesting he spoke of West Newton as being drilled this year. I jolly well hope Reabold will be RNS'ing funding soon if that is the case. The Andrew's well I would say is in a 150BOPD area an it was a shame Zac would not even be transparent on the intentions of drilling another well/side track there as the target was clearly hit at a higher depth. The future is bright, no doubts, but this is still a slow burner.