Member Info for RNSTranslator

In due course…. Daaave.

“It's like the patients have all moved in here!”
Very True
And like in any asylum some are patients and some are Professionals there to help stop them from injuring themselves and others.

TAC
Much as you’d prefer that your repeated rehashing of the management line was allowed to remain unchallenged, I’m afraid that’s not going to happen.
Of course you can forgive the poor historic management, but as an investor you would be foolish to forget.
As you point out it’s what happens to the cashflow that’s a principal determinant of shareholder sentiment, and to date you have to recognise that after 8 years the value of the company is less than the Money they’ve raised in that time even in absolute terms , forget the time value of money.
How long ago was it that they went out to try to buy more Royalty? Only to be told not to by shareholder feedback. Yes an order of magnitude more of the same royalty that has yet to deliver real cash into the bank, rather it accrues with no clear answer to when will the new Royalty manager be appointed so we can actually use the money after nearly 5 years of stalemate. If someone is selling you tenners for nine quid, you’d ask what’s the catch…wouldn’t you?
How long ago was it this happened, why did shareholders and advisors stop this even after the raise for it was underway? arguably a raise that wasn’t needed and that cost over £300k almost twice the going rate . You may think the company has turned a corner in terms of reserves and resources, and in that respect your probably correct, but has management?

I am, and I don’t.
Thanks for your concern.

Appreciate its difficult to fathom when someone is p!ssing on your parade, but at the same time forecasting upto 50% increase in the shareprice after the GC report.

TAC
You have absolutely no knowledge of who is and who isn’t a shareholder here.
Typing in CAPITALS doesn’t change that simple FACT..
Decrying anyone who questions your investment recommendation, as not a ‘genuine’ or ‘true’ shareholder simply highlights your own shortcomings as a commentator.

Heid “I do believe many will be grateful for my input as this year progresses.”
Your input to UJO analysis and shareprice is negligible, (although your incessant fantastical claims and irrelevant posts probably put some buyers off) it’s simply a monologue about the oil price and global geopolitics.
You simply spout out shareprice forecasts based on absolutely nothing, always caveated by “I believe” “in my opinion”, whenever challenged to explain your forecasts you simply claim it’s too difficult or they’re just ‘numbers’.
People now see through that unadulterated promotional guff, that’s why so few now recommend your posts.
It might actually help the share price if you stopped.

"You seem to be very pent up since the SP started to recover"
As a large (100's of thousands of shares) shareholder why would I be, being honest about management performance, some of the beyond fanciful posters on here, and the risks doesn't preclude making a good return does it?
I'm simply realistic about the likely returns and time frames.

Do you think £30mm a year in profits is likely for 2024... come on, put your big boy pants on now.

****£30M profit/year*****
Is that pre or post tax?
What will deliver this, Wressle alone?, nothing else could be on stream before then, even if they demonstrate producibility in 23, so are you suggesting they buy some other production to achieve this?
How does Wressle produce £30mm a year in profits to UJO... It's simply not possible.
Either explain to us how they can do this or stop spouting utter drivel.
Your posts are become increasingly fanciful and deluded, and it's simply counter productive as it makes people think it's a share promoted by deluded fantasists.

You make investment recommendations- really! , how kind of you , based simply on repeating the management story, over and over.
You only want positivity - not reality.
You trust management - on what experiential basis is that?
The management have a history of under delivery, that’s undeniably self evident.
I’ve put forward my case in detail for a 35-50p share price… based on a positive GC report, exactly how do you see that as negative?
What you simply don’t like is that someone is pointing out the broader picture and your ego can’t take it as it undermines your “investment recommendation” to people you need to buy shares.
You response isn’t even internally consistent with respect to my position, you simply can’t tolerate the challenge, and are unable to make a reasoned argument , that’s someone with a sensitive Ego in my book.

“ I prefer me to you!”
Houston…The Ego has landed..

TAC
More shares than you sunshine.
I don’t wear rose tinted specs, nor do I believe that pointing out facts that undermine the obvious pumping of half truths and “opinion” of holders who’s only aim is to drag in mug punters to push up the stock, is a bad thing.
I guess your rather blinkered approach to investing ie only see the upside, don’t point out the obvious risks, means your not really a “genuine “ investor, just someone in for a quick return and is unconcerned about facts and fiction and the trail of folks who believe your story and then lose money is simply not your concern.
I’m happy to open about my agenda, I trade in and out, my expectations on outcomes good AND bad, at least I can feel at ease that I haven’t suckered some mug punters into buying shares…can you?

I guess Heid is still walking the dog, after a long “chat” with Louise, or is it Jackie?
Between now and year end what’s going to change ?
GC report, some work in the gas pipeline, and a cpr on WN.
The latter is interesting, but until it can demonstrate real commercial flow rather than theoretical flow the jury is out until next year when they actually drill it.
Market values UJO’s assets at £20mm, with cash of £9mm. If we assume that the vast majority is in Wressle-
So by year end if we assume continued production levels at Wressle and minimal spend on other things there will probably be about £13mm in cash. By that time and based on the current cpr numbers (so we can see the impact of any new GC numbers) the company will have its share of 300k bbls (of the original 600k ) in the Ashover/Wingfield Certified Reserves and it’s share of the PStone 1.6mm bbls of Contingent resource plus 2bcf of gas. producing more barrels between now and year end let’s just assume the assets are valued at £17mm (to reflect the conversion of £3-4mm of oil from Wressle into cash) plus £13mm in cash.

If GC increases the Wressle numbers by 50% then that would equate to asset values of abt £30mm, by 100% that would be abt £40mm.
Giving a “market cap” of £47mm and and £57mm.
That’s about 35p and 50p respectively for an increase of 50-100% in the numbers by GC.
This assumes there is no value ascribed to WN in the sp, and that there are no other significant cash expenditures both of which will reduce the above numbers.
To get to £1 by year end would require GC to quadruple or more the recoverable reserves/resources at Wressle - I would suggest this is an unrealistic expectation.

Happy for anyone to say why they think this is not a reasonable assessment, rather simply than “I believe in £1”.

For how long was it 60p, and why?
Was there an expectation that WN was the “biggest onshore discovery in nearly 50years” perhaps.
How did that expectation turn out?
Just because a share price has been at a certain price in the past has no bearing on the actual value of a company eh.

So Heid
Still £1 by year end eh?
That’s 5 months to go, and £83mm to add in additional value in that time. That’s £15mm per month.
Care to tell us how this will be achieved ?
Even in simplistic terms.
If you’re not, I’m happy to post what I think is a sensible valuation by year end, and why £1 is not realistic.

Gwynny
Clearly out of your depth here.
EDR said this recently .
“ The resulting PPL shareholding and percentage holding equates to the shareholding and percentage held by the Concert Party which was announced following the issue of equity and conversion of Convertible Loan Notes in June 2021.”
Convertible loan notes are what it says on the tin. They can be paid by converting the loan and accrued interest into equity usually under preset terms.

So Gwynny, best stop digging fella.

And I think we know who their comments are aimed at at the moment. The 160,000 odd blue rinse and Cravat wearing Jaaaag drivers. The minute they’re appointed PM the reality of being re elected and remaining as PM will see a change in message to appeal to the Red wall voters…and we all know what they want and don’t want…

Keep up Gwynny old boy.
The ujo loan has been repaid and the convertible loan notes converted.
Perhaps you should read their RNSs rather than guff on about out of date stuff that misleads…

Hide
Can you have a go at Translating this into one of your obfuscated tweets.

Share price is in 50% down on listing 8 years ago.
Despite many positive RNSs the share price is less than it was before Wressle started producing last August
The other partners in Wressle have share prices that have risen significantly since then.

WHY IS THAT?
Is it oil price - no
Is it production rates and volumes - no
Is it the increasing cash pile - no
Is it the promise to pay a divi/buyback - no
Have the others become more profitable or made other material discoveries - no.

What does that leave?

Daaaave looks forward to issuing the GC report. - we look forward to it being finalised.
And he has nothing whatsoever to answer to you, RNStranslator.- as a shareholder I'm afraid he does.
I believe David that the report will be outstanding for Wressle.- As I've said repeatedly, I also expect the recoverable Reserve numbers to increase.
I think Wressle has a few surprises to come. - hopefully positive
STRONG BUY Union Jack Oil. - promoters guff
STRONGER than a mature stilton. - that's what the smell was.
How was "Louise" not Jackie, are you close? close enough not to need a phone?
How's the weather in Goole?

"You do not worry about the likes of Winnifrith's write up yesterday"
I have no time or interest in Winnifroths self serving bile.
But exactly who is Jackie Louise Cope from S****horpe @jackielouiseco1 on twatter.
From what I can see she only retweets, never comments first hand, on UJO stuff from the usual brand of UJO believers/promoters.
anybody might think it's dummy an account run by some keen on self promotion.