UnionJackOil202420 Feb 2024 07:40
I have nothing to apologise to you for after the accusations you have made towards my family owning shares in Union Jack Oil an the foul language you have directed at me.
It remains that I am still suspicious of who you are no matter what anyone else thinks. You can write your blogs, as did David’s very good family friend at the time, Ca-l1 for-nia Joe. Then he disappeared ?! Pete Brailey was another friend of Davids who later wrote some nasty posts on him too.
I will continue to post as I see fit on LSE an on my X account. It suited David an his team when I was, like you, pumping his company an helping him with 'other' matters.
I do feel my family an shareholders were misled by many false promises an I question the boards due diligence an technical team, that David boasts of, where the UK assets have been concerned.
Most of us bought in for West Newton an David has expressed confidence in it being drilled this year. It is a major catalyst here an I do hope that Rathlin now have the funding to drill it this year as implied by David in the recent RNS. Trust an transparency is lacking here after David’s comments on Keddington being drilled last year in RNSs that never happened.
Many long term holders left the company an the volume remains poor. The market does not care about a tractor in a field. People will buy in when they see fit. The fact stands that the share price is still 17p with no dividends of recent, buybacks stopped whilst the board continue to bank their salaries; David £287,000 per year an Joe £120,000 per year, Graham, Raymond, PR, IT etc etc
I do hope the share price does reward holders eventually an my litmus test is to see shareholder return in fairness with director's salaries.