RE: UJO priced higher than UKOG9 Jun 2020 13:10
Hope so JTS
now the death spiral finance kicked to the kerb, expecting the new finance to keep it sedate for now but
unlike YA , new deal should be dumping into steady rises , not causing a never ending spiral to 0.2 god
knows where it would have ended if the other £1.75m had been churned through.
UJO took out large scale finance and after the initial pain recovering lost ground, SS thick as p.s said the
deal was not understood, all he had to do was look at the scumbags YA and cant remember their former
name, they have always had the same M.O and used by the worst BOD's around the market how many
times did good old king of dilution and the dog ate my homework excuses Mr Bell at RRR/RGM use YA
ten years ago 13/10p after Jupiter mines roared owned 28%
currently about 0.3p AGAIN and if you factored in the dilution shares now would have to be probably
be a couple of quid for same value of shares when at 13p high
The guy could have sat on his hands , none of his dodgy deals and kept the 28% now 2% and his
company would be worth a fortune not a laughing stock on the market
How some of these guys get to be allowed to be directors on multiple listed companies with their
track records beggars belief
UJO have a methodical, thoughtful and aware human being in charge ,that'll do for me, may take longer
to get the pieces in place but taking time to get it right pays dividends
both ukog/ujo took £5M+ finance deals
ukog MC £18M SP 0.21 (deal aborted for further finance)
UJO £32M 0.21 (pain over money in the bank)