Well here we sit, early August update expires tomorrow will we see one. After going over past rns reports we should be at least 60p + but here we sit, is it because ujo plant loads of seeds of growth that fail to bear a fruit harvest. UJO ,17p is like your dividend pathetic.
RE: Intriguing poll this one. Grateful for all your input6 Aug 2024 06:31
What we also know is the board shares will also be running at a loss, but they are receiving nice remuneration for there efforts. Ma get a boost this week with news about our major success in US as promised early August.
It beggers believe that with all our assets,royalties work going on in US we end another week with no official updates. If as said a update on andrews 1 is due early August, but like we all know ujo are not the operators. Maybe next week then a catalyst or even two may drop.ππ
Tac i love the world you live in but in reality we are at 18p, going nowhere fast and i sit at a loss of 45%. How long before DB's fruit tree begins to blossom. Yes things are progressing in the US, time will tell what a major success represents.
10 out of 10 investors would probably agree that buy backs have been cancelled , none in the last 12 months and that dividends, BONUSES should be payed on a rising sp aboved consolidation price of 32p.
Strange how we all hope punters ,corporations will buy in . Yet ujo who have a buy back programme dont even bother to buy back share s at 14 p let alone now at a massive 17p . What does this say to the market.
My silence comment was attributed to the andrews 1 well drill and lack of info regarding flow rates, it is quite clear ujo have no influence or control in how uk assets progress and it is becoming apparent ujo have to wait until reach declare flow rates. If that is so ujo could at least declare revenue received, if any.
If memory serves me right i think we had two or maybe three placings to drill biscathorpe, maybe those funds could be used to buy back shares.π π π
So imported oil does not have a carbon footprint then, also labour plan to build 1.5 million homes in the next five years surely the same argument can be used there, is the end user carbon footprint considered in the planning applications. How many barbecues will they have,how many cars the list is endless. Stupid decision not only for us but the economy as well.
Have i missed an update on andrews well 2 drill being mobilised, the last i saw was a pole in the ground, surely updates may have prevented this declining as much and maybe we could have been rebuilding of 17p.
I am in a very similar position, slightly bigger losses. Hoping for a bad winter with plenty of snow to blackout solar panel and plenty of ice causing icicles on wind turbines, but then there's nuclear which to me is far worse than any carbon footprint. Just look at Chernobyl. No doubt labour will have a back up plan for this.