Member Info for Mittenator

Investors won’t worry about hearsay. Fundamentals and the ability to generate lots of cash are key. This will fly in no time at all.

The RNS will take a day or two to settle. Investors know there are the ‘good news sellers’ so feel tomorrow and rest of week will be positive.

Been watching this stock for a while now and bought a fair chunk this morning on the RNS. SP will double in 6 weeks.

Less is more, as they say.

Fair enough, thanks for replies. Maybe cynicism isn’t such a bad attribute when it comes to investing though.

Does that mean it doesn’t happen?

being held back to allow for II building large buy positions at lower prices. This will fly soon. My opinion. DYOR

That old chestnut - the double bluff

tomorrow - feel it in me bones

RNS

What the fcuk are you on about?

Lol

Could see a bounce to 30+ later on today in readiness for a potential Monday RNS?

Very naive Pboo!

Maybe he’s laughing at everyone selling and loading up on the cheap!

They’ve let people know about Wressle within timescales denoted in RNS. I have no doubt they’ll update re: WN within the timescales denoted in RNS. Speculation - and those investors who act on it - is not the problem of the BOD and they, quite rightly, get on with the job at hand and provide the update in line with RNS to manage expectations accordingly.

Where does it say they’ve ‘confirmed intention’ to list?

II building .. hoping bit to get noticed lololol

Executive Chairman of Union Jack Oil plc, David Bramhill, commented:

“We look forward to reporting on progress at Wressle, where oil is currently free-flowing on long term test at an acceptable rate pre proppant squeeze.
“We are at a pivotal moment in the ongoing development of Wressle and the next step is expected to
deliver net oil production to Union Jack of 200 barrels per day and materially improve our cash flow
profile and profitability”

The news yesterday, along with some ill-judged comments on social media prompted a near 10% fall in UJO shares. This is beyond ludicrous as a 2/4 week delay makes little difference in the overall economics of Wressle which in itself is only a part of the UJO story. A fall like this is an opportunity to add further funds to an investment position which has not been altered as a result of this commotion.

Ill-judged social media comments ie BMD

Are they now saying we’ll have the equipment within 28 days - end of July? So Proppant Squeeze can commence 1st or 2nd week of August or am I missing something?

They advised in 18/5 RNS that this would be completed in June.

They would have known way before now, the end of June, that this timeframe was no longer attainable so why not just communicate and manage expectations?