Member Info for Number6

All this talk of being taken over.
Actually, it's WN that would be sold off. No take over of ujo etc..
.. and it's not just talk that we posters have made up if that's what some folks are thinking. It's the plan if all goes well at WN as mentioned in interview videos with DB as I recall. I'm happy to be corrected but, I'm sure I watched a video where DB clearly said WN would be sold off to a major.
The benefit would obviously be the cash proceeds from a WN sale. How much is the question.
Imo

I should add that if WN is a massive success and sold off as planned then additional fund raising may no longer be necessary.

RNSt
What on earth are you going on about?
The answer is obviously yes. Ujo will at some point in the future need to raise more cash, so what!
DB raises funds as and when required and for the advancement of the company. He manages the finances very well and maintains a healthy balance at all times.

I can't understand why you keep going on about funding. Wressle will make ujo a profitable aim oil production company.

It does look like ujo sp is about to break through 0.30.
Could be closer to 0.40 by Friday maybe?
Its interesting that BMD has started to post about ujo again.

I've just managed to buy a bit more. I'm absolutely cleaned out now!
Had to pay 0.30 and split my small buy to get a quote. I reckon theres strong demand out there this afternoon for ujo shares.
I shall put my feet up and watch my laptop!

I know folks often say this but, I actually can't get a quote.
I'm only trying to buy 250k and keep getting: unable to retrieve a live quote.
High demand maybe?

It's slowly getting there Heid.
Just ticked up to 0.2870

When asked how do you feel about WN
DB.. I'm not going to crow to early but at the moment, it's looking very very good.

Wressle looks exciting. We all know it's coming but, when you see the site works happening it suddenly becomes more real.
A transformational moment approaching for ujo and shareholders.
I'm glad I've got my holding sorted and sub 0.30p. It's a case of sit back and watch WN and Wressle for me.
I've no idea how far the sp will go but, I'm looking for 1p.
Gla

Ujo is such a great company to be invested in. Multiple quality and exciting assets developing plus, cash generation soon.

DB is super honest and straight talking. As he once said, he doesn't dish out flim flam.
I feel very confident with ujo. Wish I could afford to buy more shares.

Heid, am I correct in thinking that DB did mention in one of his many videos that he has already been in talks re: a buyout of WN? I'm sure he did.

Heid
That's just it. If we get an offer from a decent company like Ineos then the ujo sp will no doubt go crazy. Probably run way too high and that's when 2p or 3p spikes can happen
Could easily be a 3 or 5 bagger and even a 10 bagger as you predict.
Imo

Heid
A 10bagger from here would be incredible.

Yes, Nine tails.
I haven't been able to find the video since and knew DB had said something.
Anyway, I'm very optimistic like DB and confident that the sp will be heading north on news over the coming weeks. I'd like to think we may eventually see 1p.

ff
No one knows what WN may or may not be worth until the results come in. DB has high expectations though as you can see from his various video interviews. I think he once said that 1p, 2p or 3p could happen but, it's all guess work.
If WN brings home the oil then the sp will definitely be higher than now!
But, there's more! Biscathorpe, Wressle etc...

Heid
Yes, the main event has to be the buyout of WN. But, plenty of positives leading up to it.

PS, as is often the case, it looks like my buy is showing as a sell.

Smart money Heid .. I managed to top up with +750,000 more. That's me done now, no more funds left.
This will the rise as soon as new photos get posted on Twitter showing equipment arriving at WN.

Very encouraging Mixster. Three superb projects on the go .. three cheers for DB and his team.

With respect to WN I see two key periods for a strong sp rise.

1. More equipment arriving and site images etc..
2. Speculation of a buyout of WN if a proven success.

The flipping of WN should in theory multibag ujo to new highs and probably to ridiculous spike levels at the height of any excitement. This is what I'm waiting for.
All Imo.

This is just my opinion as an old timer here. It looks to me like a number of traders held in to the close yesterday but, then decided to sell this morning in hope of getting in cheaper. Nothing wrong with that of course, provided you can get back in at a lower price!
However, so far this morning the sp has held fairly well, just taking a breather before the next leg up I'd say.
My guess is that someone will soon post images on Twitter showing us the progress on site. May be a video or even a drone video and up will go the sp.
More rns news can't be too far away either.

Gla

Heid, very wise I'm sure. Ha!
There's nothing more gut wrenching than selling out too early only to watch the sp multibag away.
I'm not going to sell on a near term spike in hope of gaining a few free shares. I rather miss out on that and hold firm for the big prize that I feel is coming our way. DB and his team are extremely capable and hugely experienced, unlike some other oilies I've had the misfortune of investing in. UJO is quality.

GLA