Calm down Dear18 Feb 2018 16:35
Gents please keep this level headed. Term if you lost money here or anywhere else then I'm sorry to hear that. UJO is a great little minnow waiting to become a Great White Shark. I'm sure other oilies are watching what goes on with Wressle. Yes there were mistakes, things were overlooked and the wrong words were said, or information not available. UJO is filling the gaps onshore, the O&G are watching. They have to be. Its not in their best interest to stand by and allow small oilies that are trying, to by way-laid by excuses that can't be rectified. If UJO is shirt of cash as you say then I too would be thinking placing. We're all not stupid but if cash is required for the "End Game" that launches UJO as a moderate to big player in the UK then let's go for it. Some of these Wells were originally drilled by companies heftier than UJO. What if they allow UJO to do what they couldn't be bothered with and then farm in? Anything could happen. Its the risk we all take and I'm a firm believer that DB can do this. I have been from my first punt and watching the company develop. I've substantially increased my stake since then to the point where even Graham said I held more than him. I'm happy. If you hold here, all the best.
Mr B