Member Info for Lenin

It may take longer to get there than expected...Global Oil consumption has reached a record high 2023 with around 103 million barrels a day expected to be used

Okay ...but what is / or your definition of the long term .??..I mean 10 years ago -2013 - the share price was in the 50 pence bracket....Or is this time period simply to short !!! ??? ..🤯

Not just that but he would have to explain away to shareholders...why it is okay for the board to financially benefit from UJO in terms of decent salaries etc ...but also why the longer term shareholders have had to put up with an abysmal share price prefomance after all these years ...They will think they have a right to benefit as well..

I am not trying to wind up any shareholder

But there is a recipe here of a company with increasing profits but with a share price that may possibly continue a downtrend ( but that is not a prediction of course) ....Sounds like a recipe for a takeover if this pattern was to continue....Or is there no chance of that happening???

Apologies.. misspell bored

I agree...she has made failed predictions on the share price .A person credibility is lost once that happens. ..but that is simply not an.excuse for people to be constantly obsessed with one and other all the time.....It probably people have become board with the lackluster prefomance of the share price...but believe me ...b I t c h I n about one and other all day long solves nothing

I agree with you...Maybe some people have been here so long they have forgotten why they are here in the first place....And off course the constant...TIT FOR TAT messages distracts from the failure of the CEO and the board if the share price prefomance continues to mediocre..

It's a shame some posters cannot adhere to a certain level of social civil standards when posting messages.( For those unsure of basic civil standards....this means cut out swearing at messages you may dislike and at people you do not really know ) .....They may not like what someone else is posting but this is not the.. North Korean News Agency.... Anyone is entitled to post what they think about the company...WHO HAS THE AUTHORITY HERE to tell someone else what they can or cannot post ? If someone is personally effected by someone posting a message about the company ( especially if positive). then there is something seriously wrong with that individual..🤔

Heidi ...On the subject off the price of oil and UJO which you mention ....It is obviously good if the price of oil rises in terms of increasing profits...but there is not really any evidence of a correlation between the price of oil and the UJO share price...Say unlike other much more well known companies such as BP/Shell/ Harbour or Tullow where it is easier to see a connection...I think the ups and downs off the UJO share price is more connected to news about the company ...

i agree with what you are saying...but message boards where some shareholders are not *****in at one and other are far and few between...i think they just represent people who tend to be more opinionated wether they believe in the company they hold shares in or have reasons to be negative about that specific company...they just represent people in society in general ..where some people believe they are so correct about a specific opinion on a subject say such as religion or politics etc ...they believe there is something wrong with the minds of people who do not hold the same beliefs...that is how wars get started......especially when it comes to ideology.....i think the thing is not be personally effected by the opinions of others here ... after all they are only someone's thoughts and as long as the comments are kept civil most are probably forgotten about in a fairly short space of time .......( though the main exception i noticed to this ..is if someone makes a share price prediction for better or worse and then the share price ends up being wide off the mark from what was predicted !!..i noticed this can very easily come back to haunt the poster who made the prediction !! 🤯..)

Okay .....So you are saying he does know the reason why for the delay....But when questioned on a Social Media Platform aimed at shareholders ( and by the way he was lucky it was not like a TV style political grilling ) ...He is not prepared to say ........He sounds like he has the qualities to make it in politics !!!...

Apologies for the accidental repeats ( The post messages seem to have gone haywire)

I accept what you are saying about Biscaphorpe... Although from a couple of months ago I was troubled by the C E O when he was questioned on the YouTube video why the delay with West Newton.? He did not seem to have a clue and replied it is best to ask the partners..He may not be the one in charge but UJO does have a stake in this project and if there is any delay he has a responsibility to share holders to be on the ball with what is going on ...He cannot sit back and simply pass the buck ...He cannot awnser why there would be a delay to such a major project maybe someone should be in charge who can find out what is going on behind the scenes... Otherwise best of luck to anyone here whether they are loyal to the company or simply here to make some short term pocket money 💰

Yes I acc

Yes ...I accepted what you say about Biscaphorpe

Many Thanks for the contributions to the conversation....I have decided this was worth a £26 000 punt today ....But after watching the C E O discussing the affairs of UJO on YouTube from the last couple of months I was not really clear what to expect if I stayed as a long term holder (whatever a long term holder means here )..Looking at the long term history of the share price ..traders who traded on the sideways volatility are the ones who have made money where simply sitting and holding has achieved very little....... However should this go back to 30 pence plus that will at least mean I can treat my wife to a break on Eurostar ..!!...If this happens before the end of summer I will be really happy 😁...💸💸💸 ...🚈 ...

Apologies for misspells ...I had some inference on my screen

I brought back in here today watching UJO on and off from the sidelines for a few years.. It's basically been a story off two halves ...A company that has a flawless balance sheet and is fairly safe from unpredictable economic headwinds ....Yet when the share price reaches the dizzy heights of 30 pence plus or more ,;at some point the current share price level is virtually certain to be reached again which can make potential shareholders very wary off keeping their money invested in the company....I have seen the recent Videos in which the CEO seems very happy with what has been achieved so far and he has every right to be but he should just freely admit in terms of share price prefomance for the people who have been long term investors the world 👉truly abysmal👈 springs to mind .I keep on wondering what are the reasons behind this ...Is this seen more of as a Cult Company than a broad church company? I don't know . But when potential shareholders prefer to chance their money with more risky companies then I think there is something seriously wrong with the perception created about the company

.....On the more positive note at 26 pence per share I see this as a no brainer ......

Looks like Tullow will finish the back in the green after yesterday's Share Price Increase...There was no pull back which is what might usaully be expected after a jump in the share price. Next stage 40 pence

Does anyone get the feeling this mornings update is history!!

Obviously shareholders / The Market will be focusing On Today's Update....But it must not be forgotten that in the last month the share price has recovered almost 20 % which coincides with the increase in oil price which has increased by around 7 % in the last month. Assuming supplies continue to tighten in the second half then this will be the main driver off the Tullow Oil Share Price