Member Info for notrac

£41 BN in cash for £9 BN turnover! Add another ten percent and it would start to get interesting. No ULVR paper thanks.

I have the same messsage. I cancelled my sub a couple of years back so I no longer have to listen to his ramblings. He seems to be overpromising and underdelivering. Suspect he is feeling the heat, otherwise why does he keep banging on about UJO?

Well it's 7.10am. Nothing to report so far.

Justbe reported the "story" from today's Share Prophets. Nothing more. Whatever DB spent on the investigation is insignificant when compared to the millions pounds of damage done to the market cap before the placing.

A few years ago AEX made it onto Malcy's bucket list. Has he issued one for 2022?

Maybe TW thinks that UJO is interested in ANGS?

Per the 2020 accounts tax losses carried forward were £8.67 million.

Thank you SaintAnthony for checking this out.

Every winter this stock has a nice run up until around mid-Feb, when they start drilling.

Agree with SpaceHoppa. Very much suspect that Sprott insisted on these changes.

More tax losses.

The tax losses have to be mutiplied by the corporation tax rate (currently 19% but 25% from april 2023) to get their value.

UJO cannot pay a divident until they cancel the losses brought forward on the p&l. The losses on the p&l could be cancelled by using the surplus on the share premium account but it would require court approval. Nothing likely to happen until production of the next set of accounts. No doubt plenty of work going on behind the scenes to produce a clean and clear situation for the financial year-end (Dec 31) to vanquish the derampers, naysayers, and purveyors of inaccurate and scurrilous information.

The teaser in the email message today from Share Prophets is "Union Jack is now the most toxic stock on AIM". TW then qualifies the statement by stating in the text that "the stock is now possibly the most toxic on AIM". I am no longer a subscriber to this daily publication so I do not know the grounds for making such a statement. I can only hope that the management and the Nomad put up a robust defence and take legal advice if necessary. It looks as though Share Prophets may have been asked to disclose their sources that UJO were having a placing a couple of months back.

Tectonic,
I haven't heard TW's bearcast but the sale you mention is nearly a month old. UJO really need to find another Nomad/Broker, but that doesn't explain the recent slide.

Maybe they have locked in the price by selling forward. I don't consider the price of oil to be the key risk here but maintaining production is.

Up on five successive days. That last happened in December 2020. Someone must be accumulating.

There needs to be a stewards' enquiry. Someone cannot be a journalist/Sheriff of Aim/ tipster one day, and purveyor of doom and gloom the next. AimCasino sums up the situation here admirably. DB needs to stop talking to these people. There's enough interest in the company and what it is doing without resorting to such third parties.

In his teaser for today's daily bearcast, he writes "now on to UJO where nothing now makes sense". Really! Give it a couple of weeks and it will be a recommendation in another publication.

It's a small amount to raise. Either there wasn't the support for a larger amount, or DB has thankfully taken onboard that the best way to capital growth is through development of assets rather than purchasing income streams. West Newton awaits. He could have got this away at 30p if he had played his cards correctly.