Member Info for Heid

I guess we might as well jump August as we await the interims in September.

The X account will keep showing you the pretty photos though from the Oklahoma site.

TheAimCasino will preach the sermon on why the share price is stuck at 17p an how he doesnt want any dividends to reward him in the meantime but keep paying the board. I do so wonder what other people are paid here that we are not privy too...we will never know. Under the mat like the Beacon waste of money,

OK> I will shut up.

Wholly agree Itsawrap. Some people seem completely incapable to understand the company are not, in this case, responsible for the state of the share price. It is, as you state, immaterial as to the level of their salaries.

THEY WERE RESPONSIBLE FOR OUR DIVIDEND REWARD THAT WAS THE LOWEST EVER GIVEN WHICH IS MATERIAL TO THEIR SALARY BONUSES

In fact, they are not in the higher quartile. All this incessant buIIshlte about dividends, buy-backs and wages has absolutely no bearing on the present company valuation.

IF YOU WAS A GENUINE SHAREHOLDER YOU WOULD NOT SEE DIVIDENDS AS 'BULLSHLTE'

I see one person on X demanding DB buys shares.

YES, THATS ME. I AM JUST ONE PERSON SO WHY DO YOU EVEN CARE ?

What on earth would that achieve? A rise possibly on the day then a retrace. But when of course he sells them, a possible major retrace. The old boy is heading to 74 and whilst from what I can see , his marbles are all in good shape, he will retire sooner probably than later.

YES, HE WILL RETIRE SOONER PROBABLY THAN LATER SO LETS HOPE WE ARE ALL REWARDED BEFORE THAT DAY

It;s 'dead money' and potentially damaging for him to buy shares. The value here is all down to progressing the assets, drilling as many wells as possible and strengthening revenues in order to reward shareholders in a rising share price and regular, decent dividends for years to come

BEACON BUY WAS RATHER STUPID IF EVERY POUND COUNTS ???.

Whilst Heid may not like my opinion, I have no desire to get a bigdividend at this stage when that cash could drill another Oklahoma well.

YOU CAN ONLY DRILL SO MANY WELLS IN OKLAHOMA AN WITH BISCATHORPE BUDGETTED FOR AND WEST NEWTON APPEARING TO NOT BEING HAVING ITS RENNAISANCE THAT DAVID SAID HE WAS CONFIDENT OF WHY DID WE NOT GET A BUMPER DIVIDEND TO MATCH THE BONUSES ?

My belief is that the board have made the best decision possible in view of the government take on UK fossil fuels and in the nick of time.

GREAT DECISION YES BUT HOW LONG WILL WE HAVE TO WAIT FOR A RE-RATE ?? IT IS NEARLY AUGUST AN IT IS LIKE WAITING FOR THE NATIONALLY LOTTERY TO GIVE YOU THREE NUMBERS. GOOD LUCK WITH THAT....

"THE FUTURE REMAINS BRIGHT...."

Well we have dropped continuously so I do not know what you are smiling at ?

Nope that gets swept under the mat. I have also mentioned the Beacon shares many times an various interviews about transparency an wouldnt change our assets for anything etc etc

I do not just talk about the salaries. Or rubbish dividend or the buybacks that stopped on exactly 2023s AGM despite an RNS just before stating they would continue.

Heid, quite simply, how can ANY dividend be an insult when you have no entitlement to one.

YES I AM ENTITLED TO A DIVIDEND AS A SHAREHOLDER HERE. WHY WAS DAVID ENTITLED TO A BONUS ?

In this climate, with just about everyone intent on destroying the value of the company’s assets and the venture into the US obviously costing a lot of money as a whole, it’s my view that they need to invest every spare penny ensuring the continuation of Union Jacks ability to be able to pay future dividends with ease.

THE DRILLS ARE CHEAPER THAN THE UK AN I CAN NOT SEE BISCATHORPE BEING DRILLED WHICH WE HAD ENOUGH PLACINGS FOR. DAVID SAID THE ROYALTIES ARE THROWING OFF CASH LIKE A BANDIT AN WE HAVE A ROBUST BALANCE SHEET. THEY WASTED MONEY ON BEACON ENERGY TOO AS A TR1 HOLDER SO DONT GIVE ME EVERY SPARE PENNY IS NEEDED WHEN IT SUITS THEM

It’s looking more and more likely DB’s made a great decision to move into this new region, one that will pay much bigger dividends further down the line.

THE LAST DIVIDEND WAS THE LOWEST WE HAVE EVER BEEN AWARDED SO HOW CAN YOU BE CONFIDENT OF BIGGER ONES ? YOU MOVE THE GOAL POSTS AS YOU MOVE ALONG

Your take on this makes little sense when it is obvious to just about everyone else that it is a drilling campaign that will bring interest and revenues.

THE INTEREST SHOULD BE COMING NOW AT 17P. CLEARLY THE VOLUMES SAYS TO ME THAT NO ONE IS BEING PROACTIVE ENOUGH SELLING UNION JACK OIL.

I would imagine the company are using Harbor and Sidoti to promote themselves over there which will not be an overnight job. Lots being put in place imo.

YOU WOULD IMAGINE ?!! IT IS NEVER AN OVER NIGHT JOB IT IS MONTHS AN YEARS...

The salary for David would be £200,000 an then performance related if I was in charge.

The share price has not rewarded LTH's for quite a while now in fact some sold on losses

Why did the board feel now was the time to award themselves bonuses ? Morally wrong imo. Mind you look at Stephen an Sachin over at Reabold. I guess they are all at it.

This is a chat board an company where my family own shares an I have every right to an opinion.

Do I really leave the 'd' off of 'and ?!' Oh I never noticed, clearly you all are closely following my every word.

You have to be proactive an in my time here I have spoken to the planning inspectors office, Caroline Foster, Daniel Slater...etc etc

There is something big coming here to sell an now would be the perfect time to let those know at the investment companies the story that is unfolding. It is not difficult an if I was paid what some are here I would really enjoy that task. The 17p is a cheap entry with the production numbers that are coming but equally shareholders want to see value for their patience an not just wait another month whilst the elite are banking very good salaries versus the performance of the share price. Some of the older ones here will loose their winter fuel allowances - Will David happily take his inflated salary an insult us with another 0.25p dividend ?! It is the morals that get me here as to how some are coining it in an the others are shorting this also.

Last year's interims were the 11th September ... I would work around then.

Meanwhile we have our 0.25p dividend to be grateful for whilst the paid brigade continue to bank at Union kack Oil.

17p an an Reach for the Stars ? Can we climb any mountain higher ?

There is so much you could say on the phone about the increase of production potential here as is growing the share price. This is being manipulated an has been for a long while. Same as the exclusive ones who were privvy to the placings. 17p is a joke an should not be at this level. Someone needs to become a lot more assertive here an not just feed the board day after day whilst those loyal listen to excuses an are left waiting yet again.

An also will this just play in to the hands of the traders ? David, you need to be very strategic now to grow the share price an not just sit there shrugging off the low share price. Turn off Channel 4 racing an press those buy backs. If you have all this oil money coming in then you can afford some buy backs...you didnt exactly give us an impressive dividend when you banked all those bonuses you cheeky wotsit.

Who is responsible for bringing in some TR1 holders ?! Why is the volume so low ?! David, buy some shares in your company. Stay away from the dog show an put your raffle tickets in to your own company. Please tell him George. Stubborn old boy he is.

I wish I was in charge of bringing in the buyers I would be on that phone now.

I think we could do with some Viagra here. We don't quite seem to be able to get it up.

Nope.

We would have with some buy backs

Goodnight to dear David in Devon xx

The company was extremely flush yet we just received the lowest dividend on record but of course It's old news, it hasn't affected people's pockets or confidence in Union Jack Oil. As if the board hadn't recieved enough in salaries or in David's case higher than top surgeons or the prime minister in salary.

I do see a point of harping on about it an I do not need your permission

Disagree - It needs to be a balance.

Shocking to see that the board awarded themselves bonus salaries in 2023. It spoke volumes.

I question what salaries are paid to others that we are not privy to after those accounts were issued. Appalling, especially on a falling share price.

Shareholders want to see rewards too an the share price reflects poor sentiment along with trust an confidence in the company.

Where is our renaissance of West Newton that David expressed confidence in via an RNS 13th Feb

'We also anticipate the "renaissance" of the West Newton gas project, which I am confident will become the focus of significant drilling and development activity during 2024 and beyond.'

Just look at the money they wasted on Beacon TR1

The Union Jack Oil board appear to move the goal posts as they see fit an it is time that the old boy's Bath HQs clickey team looked at things with a different approach maybe with someone fresh on the board.

`Yeah cause the share price is rising !

😂😂

Please restart the buybacks an pay us a further dividend to encourage new investors an show confidence in your company. Cancel the shares in treasury too an the price will rise.. Invest in developing the US interests to ensure the long term future for the company. Wressle will not be producing from the Pennystone Flags until at least 2025/26 an with the Royalties throwing off cash like a bandit show some respect to to your shareholders for those that have remained long term holders an new investors. You gotta admit it David you managed to coin in some cheeky bonuses at Bath HQs on a falling share price.

A little birdie tells me the gas is going to be a nice surprise at Andrews 1 well an the oil will flow IRO 100 BOPD imo. We will one day equal the Wressle revenues the way we are going but it will be a while yet.

17p share price shows that more strategy is required to install confidence an trust here. The board chose to work with the likes of Stephen an Sachin an Egdon...You also showed the utmost confidence in our Beacon disaster....I think it is time that when Zac Phillips an the board perplex over our returns as shareholders it is looked quite differently an not just in the favour of those paid by the company. I would be much harder on your men's performance !

Restart the buybacks an cancel shares in treasury.

No I am saying it as I see it

David is stingy an should give us more dividends

David should leave everything to me in his will as his long lost grand daughter

Miles is gonna make this happen at last an keep drilling well after well

The Royalties sound promising but nothing B an W

The Pennystones will be drilled in 2025 so dont listen to any thing other

Kamran would have got West Newton drilled much faster than Reabold an taken a fraction of their salary as a shareholder

I bought me picket fence with the dividends an look forward to the next one

The shorters are having a field day an Bath need to restart the buy backs an cancel the shares in treasury

I could say MUCH more but best shut it...

As it goes I believe I will see my pound here still with some patience an now we have joined up with Miles an Reach. Add on the Pennistone Flags at Wressle an we will Reach for the Stars.

I think we have been treated unfairly with our rewards here an some of the strategies are wrong by Bath HQs but they only have their clicky group of men to make decisions for us an that is where the problem lies. Our David is a right stick in the mud an stubborn an will not budge. Hey ho I still think he is the cutest grandad an I hope he leaves everything to me in his will.