Member Info for itsawrap

tac, have you considered the possibility that he may be on holiday?

we all have different levels of optimism/pessimism/skepticism with regard to UJO's potential and I appreciate you are very bullish, but trying to pass off an opinion as a fact is misleading.

"So September is the month for the much awaited Wressle Reserves Report."

you're probably right but you say it as though it's a fact, how do you know it will be this month?

hTTps://www.share-talk.com/share-talk-weekly-energy-sector-news-round-up-saturday-3rd-september-2022/

includes Europa Reabold and UJO

morning 777, I would love to see 80p, 100p 120p, especially this year but a lot would have to go right for the mcap to reach £112m in the next 4 months. Is it possible? perhaps. Is it likely? not in 2022 unless EDR pull off a miracle and complete gas2grid in Q4 (I have yet to find any planning applications for the pipeline)

what's so magical about £1, why not 90p or £1.10 ??? there's certainly no substance to her rationale for £1 versus 80p or £1.10 or £1.20, it's just a nice round number for our resident ramper to keep banging on about. I'm amazed that people are so stupid that they latch onto a ramp when there's no substance offered by the ramper other than "you'll see, I'm right, blah blah blah"

the formal documents for the Capital Reduction are now available - nothing new as far as I can see
https://find-and-update.company-information.service.gov.uk/company/07497220/filing-history

here's the opposition to Thacker Pass, lots of issues for the Native Americans
hTTps://www.protectthackerpass.org/

Lenin, this should be very good timing for you as the Interims are likely on Monday the 12th (Monday 13th last year), the WN CPR is due in Q3, i.e. by the end of this month, we are all expecting news on the divi and/or buyback very soon and finally the Wressle Report could drop at any time - oh yes $10m Wressle milestone in about 4 weeks. If all the stars align your 60p may be on the low side!

hTTps://find-and-update.company-information.service.gov.uk/company/07497220/filing-history

Capital Reduction documents filed with companies house today (thanks yosser4)

hello jok, I think it's very likely DB will announce a 1p special dividend, what he does with the rest of the money he wants to return to shareholders probably depends on the sp. if the sp makes really good progress he may be inclined to return more as a divi, if the Wressle report and possibly the WN CPR results in a huge increase in asset values he may conduct a buyback anyway - all just guesswork on my part

I now invest and trade, I have learnt that it's the only way to approach AIM stocks as there is far too much bullcrap - including in RNS's and CEO interviews. It took me a while to learn to read between the lies - sorry, read between the lines - but I now have a good understanding of what to believe and what not to believe.

Hello GP, we were discussing the boreholes at Fiskerton last week, note the drillordrop article today says there was no production there for Feb-May, do you think that's related? re Wressle I got excited as DorD said to expect Wressle to be included this time, I can wait another month :)

note today's drillordrop article re Feb-May production says
"There was no production at 13 oilfields: Avington, Bothamsall, Brockham, Duke’s Wood, Egmanton, Fiskerton Airfield, Kirklington, Lidsey, Nettleham, Newton-on-Trent, Scampton, South Leverton and Waddock Cross."

hTTps://find-and-update.company-information.service.gov.uk/company/05228545/filing-history

accounts for 2021 filed 23.08.22 - apologies if this is old news

with regard to the dispute, PD is a Limited company albeit a wholly owned subsidiary, page 19 suggests the £135m claim is against PD Ltd, therefore could Ncyt - if they lose - allow PD to go bankrupt in order to minimise the parent company's losses?

an interesting footnote in the article - "May 2022 also saw falls in total production for Britnrg Limited (Whisby), UK Oil & Gas plc (Horse Hill), Europa Oil and Gas (Crosby Warren) and Egdon Resources (Keddington)."

I wasn't aware that Keddington had a fall in production, perhaps they had some down-time to start work on the long-long-long promised sidetrack

https://drillordrop.com/2022/08/31/latest-uk-onshore-oil-production-may-2022/

unfortunately Wressle not yet included in the data, end of September perhaps?

persi imo the "optimum play" would be to hold any shares bought in Treasury in order to sell them to II's at a later date and at a much higher price

it's a good list with the exception of monetising the gas at Wressle which I believe is highly unlikely in 2022 as I have yet to find any planning applications for the pipeline - more likely Q2 imo. I would add the 2022 Interims to the list as UJO will report a maiden profit, plus Wressle being included in the published UK Onshore Production stats

"potentially obtainable this year" £1 would be great, but what do you see as the catalysts that would propel the mcap from £35m to £112m in the next 4 months?