Member Info for Hydras

K9. Were you telling the truth when you wrote the following???? Not another person supporting UJO telling the punters porkies ??? You even sent a photo of a tanker leaving Wressle??? Forgotten already? Which planet are you on??

Wressle19 Mar 2024 20:19

Just arrived at Wressle for brief site visit. Will take some pics tomorrow as just starting to lose the light as you can see.

Carry on K9 if you wish. I Haven't said anything worse on this BB than anyone else has, in fact I have been quite nice to people. No swearing at all or insults, unlike you, as you have insulted me directly!! But I just treat that as you being upset about losing money all the time, being invested in UJO ? Am I right?

I couldn't agree more Kawasaki. SP of 15p says it all about the BOD and their attitude and misleading or incorrect statements. Pictures are easily doctored these days. Could be anywhere!!

K9 , sorry, but that is how you have been treated by the HEYCO team on site. They provided the bait and you have taken it hook, line and sinker. Oh dear!! Takes a while to get used to it on site. Just tell your grandad DB to start telling the truth instead of ducking and diving and shuffling around, he's supposed to be a director of a company not a boxer !! It will certainly stop the rot on the SP. Misleading or incorrect news is worse than bad news for any company.

It isn't my views (or anyone on this BB )that is causing the SP to fall at all, it is the total mistrust by shareholders and the massive dishonesty of the BOD. Still they are not telling the truth about the oil flow at Wressle and the water cut and if you saw two oil tankers leave the site yesterday and they were full then you were lucky. Water just discharges down a drain so you wouldn't know from looking at the tanks. Ha Ha - The site people are treating you like a PR stooge. Go for it laddie!!

K9, PBoo doesn't have an agenda at all he is just telling it as it is. Hope the rig is certified and safe and in good condition for the operation and also is well insured for ALL RISKS otherwise if there is an accident with high pressure gas it could break the banks for REACH and UJO. Be very careful

Aimdogs, quite right in what you say but the mistrust runs rather deeper and wider with DB reporting no water ingress at all until months later than when it occurred and also again recently in January formally gave an extremely misleading average oil output figure of 665 bpd of oil but very slyly did not mention over what period it occurred or for how long it lasted. He new in January what the real oil flows were but denied that information to the shareholders. Absolutely abhorrent behaviour from a company director and obviously he will squirm out of it but he has without doubt lost all his integrity and the trust with the all retail shareholders and large institutions investing in UJO. At 70 what does he care!! It seems to be a bit of a joke and a laugh for him and his OAP palls on the board. Their final fling before they shuffle off to buffalo or is it BOWLEGS in this case?

Itsawrap, I couldn't agree more, yet no RNS issued to correct or confirm very important, if not critical, financial information regarding the company. Wressle is the company's main source of revenue and BOD need to be perfectly clear on what this is and any changes as the occur, not 3 months after they know !!

BOD needs to come clean about what is actually happening at Wressle otherwise the sp will continue to drop, as shareholders are losing all trust in the Directors and of course what they are being fobbed off with of lots of non speak misleading information

Come clean and tell the truth!!

I've been trying to warn punters since it was 20p but all I got from the UJO mouthpieces that all was good and Andrews1 would save the day. How embarrassing could it be. Everyone else knows but don't formally tell the shareholders???? BOD's need to be replaced!! Mal administration?? No drilling yet at Andrew's well?? Now that's a surprise, not!!

K1, can't see the tankers queuing up to take away, what amount did the last RNS elude to, 650 BOPD ?? Fat chance. So you K1 are part of the UJO mouthypiece also. Is it a formally paid promotional roll like C**T to get the sp to collapse. See you in the Double Tree later to overhear the woeful gossip about the dropping oil flow rate and what HEYCO are not doing about it until ??? Money makes the world go around, world go around....

Kawasaki, there's no way DB will spend his own money on dead shares. They just don't move and just disintegrate before your eyes, to reflect what the company is actually worth. Not a cat in Hells chance he will buy UJO shares? He knows the true worth of UJO but is scared s**tless of informing the shareholders of this. He is another Lenigas on heat.

K1, what can't speak can't lie. Look at the tables!! All sales.

K1, you haven't seen anything yet!! And I've not seen anything of the the Andrews1 well yet either, so not clear on what you are blathering on about. It seems the punters out there are not taking your bait and buying any shares? All selling today as yesterday. 15p tomorrow? If you are lucky enough, that is. Is it starting to hurt yet? Not buying any more, eh?

I do hope that the UJO shareholders have confirmed with the Directors that the company has an unlimited all risks insurance policy in the USA for any Environmental damage that occurs due to their involvement in oil exploration and production. I expect Reach will be well covered but it is not at all clear that UJO are fully covered for all eventualities in their joint operations in the states. Affected parties and keen Environmentalists are very keen on suing companies in America, so the risks of this happening need to be mitigated.

In the order of 200,000 shares sold today and not a single buy order shown up to now. Says so much about the grand USA adventure which may produce 75 bopd for UJO for a couple of years, if it strikes a lucky outcome? Cash from Royalties needs to be spelt out in far more detail. Exactly how much and when payments will be made into UK UJO Bank net of any commission!! Financial Details of the Royalty payments are very murky at present and need to be spelled out. The devil is always in the detail??

I wouldn't believe a word he says in these very casual interviews? More likely talking about when the announcement may be made in mid to end of April, which makes it more plausible at about an average production rate of around 450bpd of oil and falling??

Photo could be from anywhere? No proof it is the Andrews1 well site? Copy of one we took earlier perhaps , on some other site, to get the punters excited? No trust anymore in what possible lies that the shareholding public is being fed, by the UJO directors. Lenigas on steroids springs to mind?

"My major gripe is his lack of transparency. Until he starts being open and honest with shareholders, the sp will continue to struggle apart from the odd spike"

Quite correct in what you have said above itsawrap. DB is absolutely s**t scared of telling the shareholders the truth about what is happening with the Wressle true oil flowrates and the abysmal performance of HEYCO. DB is ducking and diving and shuffling all over the place to avoid telling the honest truth hoping something will happen to distract shareholder attention from the extremely bad news now coming from HEYCO. DB ought to be struck off being a Director in the UK for his unacceptable level of honest communication with the shareholders on the performance at Wressle the main source of income for UJO and the abject failure of explaining truthfully the problems with HEYCO not submitting planning applications at Wressle on time and for the delays in starting the planned drilling of Kedington and Biscarthorpe. Absolutely dreadful performance as a Director of an AIM company. Shareholders need to get together and vote him out ASAP. No wonder the sp is where it is! It doesn't deserve to be any higher with dishonest Directors in charge? He must go, never mind the glossy expensive American risky adventure he has led UJO into.

How much further will the sp drop before the strategy set out by HEYCO is ready for the next stage. If Andrew doesn't perform as expected (will the sh be told the truth bu UJO Directors or not or fudged?) then it may be the right time to make a move?