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How is LNG made?
LNG is created by transforming natural gas into a liquid state, by cooling it to -161oC (-259F). The process reduces it to 1/600th of its original un-liquified volume and to half the weight of water.
Exactly , raking it in at the expense of honest shareholders
Could not agree more , groves/esprey same mould
Like a lead balloon , something is up , sell 2.00
Share_Talk ™
@Share_Talk
SP Angel, a City broker, maintains a 'buy' recommendation for @UnionJackOilplc
and suggests a target price of 66p per share, a notable increase from the early 2024 price of around 20p. Analyst David Mirzai highlights #UJO's leading role in the Wressle field in Lincolnshire, noting its portfolio of oil and gas production generates significant free cash flow for reinvestment and dividends for shareholders.
Union Jack recently announced a major resource upgrade at Wressle, in collaboration with Europa Oil & Gas and Egdon Resources. Mirzai emphasizes that Wressle’s production over the past two years has significantly improved Union Jack’s financial standing.
He anticipates the company will continue generating substantial cash, potentially leading to shareholder returns through buybacks or special dividends, and further investment in its portfolio.
How many times have Angel ramped this , not once have they been right , bear in mind they are the NOMAD