Member Info for Heid

I spoke to Malcy yesterday who will be posting his bucket list for 2024 imminently. It is my opinion Union Jack Oil an Reabold should both go on his bucket list this year.

I have always believed the main catalyst for Union Jack Oil's share price is to for West Newton to be mobilised after the share price reacted very favourably last time.

David Bramhill an Reabold have both expressed their confidence in West Newton progressing soon. Notably Stephen William's spoke confidently about funding being finalised in his recent presentation in Edinburgh.

Notably Sachin Oza's nephews are TR1 holders in Reabold ; Mrs Munira Oza re Rayaan Amit Oza & Raif Amit Oza - 4.05% - 7th December 2023. This shows great confidence in the current Reabold share price with the family having skin in the game.

I would like to see David Bramhill buying some shares in his own company as the highest earner here to support us share holders an again show confidence in his company.

In my opinion Reabold an Union Jack Oil both have the potential to have substantial re rates this year an Malcy should without a doubt have them on his bucket list.

For transparency my family hold shares in Union Jack Oil an I now own shares in Reabold.

👑 Queen Heid Oil @Heid_oil

#UJO With the @UnionJackOilplc share price proving to be very disappointing, with such low volume, what catalyst(s) would encourage you to invest more in #UJO an part with your hard earnt cash ?

CC @mgrahamwood @ofarrellj

Regular dividends 25%

West Newton mobilisation. 75%

German/USA wells flowing 0%

Solid Wressle flow rates 0%

https://x.com/Heid_oil/status/1765446420549513576?s=20

'How super, I have watched that, the elder son plays Tristan in the new series of All Creatures Great and Small.'

You was right, switching off here to play All Creatures Great an Small was a most enjoyable experience with hubby.

Christine I just passed on your message to my husband an he has ran upstairs with a big smile on his face.

Tonights the night .. 😘

I am watching The Durrells.

#UJO With the @UnionJackOilplc share price proving to be very disappointing, with such low volume, what catalyst(s) would encourage you to invest more in #UJO an part with your hard earnt cash ?

CC @mgrahamwood @ofarrellj

Regular dividends

West Newton mobilisation

German/USA wells flowing

Solid Wressle flow rates

https://x.com/Heid_oil/status/1765446420549513576?s=20

Please vote in Queen Heid Oil's important poll.

Thank you.

With very low volume an clearly people nervous of parting with their hard earnt cash, what would make you happily invest more here ?...

We closed down but your bank account close up !

VIVA

(The answer is in the dividend's')

I was happy with the budget today as the two National Insurance cuts of recent will be most welcome with the higher rate tax payers amongst us. Will cover some online shops for dinn dinns. Lucky I did my bonds too or I would be 45% down . Mortgage free so no need to worry there. I am building a holding in another AIM company Christine an my family own shares in Union Jack Oil.

Let us hope things do get better here soon. Poor David sat on all his millions for drills. See you in 2025 Biscathorpe. Keddington- computer says no...West Newton ... drill in hole this year ? Please get on Stephen an Sachin. Wressle - Not so sure we will see the Penn1-tone Flag hole being drilled this year either.

Just my opinion Christine .

Another Direct message to me a moment ago:

'This ETN Crypto Currency is going to be very big when USA can use it It hasn’t gone live yet UJO should move higher yet we have been let down by Bad Decisions by David CEO & his personnel investments using shareholders revenue which should have been paid in dividends thanks ..'

Off to make some dinner. Love to Devon as always xx

The accountant looks like he should be on Doctor Who an about to exterminate,

Maybe David should start to look for some younger an fresher staff instead of the old boy's club where he can listen to some new ideas to grow the company.

Thank you Jabez. I recommend your post.

Christine :

' It;s not about the SP, it's about the security of the company and your investment through good and bad times.'

It is about the share price for us. David an Joe have not suffered with the 45% drop in the share price since last AGM. We Have !

David goes on these interviews laughing away an teasing us with his embarrassment of riches, debt free, future's bright...

I would hate to see us go through bad times then as David can't sort the rewards for shareholders with his millions in the bank whilst drill sites sit empty.

It is David's fault that he retracted the proposed dividend that was spoken of at the AGM meanwhile the board take £500,000 in salaries overall.

David's salary is incredible for a 73 year old man living in Devon popping out for lunches with George, the odd dog show an spending the afternoon with feet up watching the horses.

David is not the operator so has to do some office work of course but a few hours of admin no doubt cover the necessaries.

Jim on X :

'Still amazed at the level and speed of your Comms. Your willingness to reply or clarify quickly to posts (whenever you allowed), bodes well for me. I know of no other Oiler who communicates this well, and long may it continue.'

This one is clearly easy to please as the share price coasts along at 17p.... 45% down since last AGM

Christine 'So glad David made that decision to focus on the US.'

I am glad David took 40% of Wressle in the UK for UNION JACK oil an made us debt free an profitable.

David an Joe have done very well with their salaries.

If David can not work out how to reward shareholders an listen to us it doesnt matter what country we have ploughed a field in this week.

David seems very stubborn an set in his ways ... kinda having fun gambling away with 'our' embarrassment of riches.

West Newton for me is the biggest catalyst here this year.

Stephen an Sachin need to RNS something soon re the funding after all of the confidence shown in the presentation in Edinburgh an David's comments.

We are heading for April now so chop, chop, lets get on.

Agreed, regular dividends are the way forward here to reward shareholders an attract new investors.

If you look at Wressle David will take advantage of the 80% Investment Allowance meaning his nibbs can get a 91p tax saving for every £1 invested for the works recently carried out.

That in affect nearly doubles the tax relief available an means the more investment an works carried out near on doubles His tax relief.

The US sounds attractive as long as it flows. But I do think for existing shareholders we won't see much rise in the share price until the drills are paid back an revenues turn in to profit.

The last 18 million RNSs just proved to be a trade for some an in the end didnt even move the share price

I do hope David is right with West Newton as Reabold share price isnt showing any confidence an I am reading many doubts on the Reabold board about the drill happening this year.

As ever, the share price continues around the upper teens level an we wait.

Technically , yes, David should be proud of the portfolio of assets he has built. BUT shareholders need to be thought of more here in the mix an rewarded with dividend 'S'. That is the way David will attract new investors.

Your frustration is you are falling in hook, line an sinker an now you have to hold the line.

David was shellfish not awarding another dividend whilst we await all the drills. Hallibut a chat about it David ?! Silence.

I guess we all thought the Wressle gas was be faster ..but it has been so slow an cod offal.

At least there are no more placings though - we don't like loan sharks or prawn brokers

So we have to wait for the current news for the Whale of Fortune to get us back to 30p