focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Abkaz I do beg your pardon.
Does seem a bit "Jobs for the boys" doesn't it Akbaz. So frustrating, especially to those who have been loyal for so long.
A great question Oily.
Oh dear oh dear oh dear. There were a couple of us that warned that this was going to happen. Outrageous that us LTHs watch others scoop up shares for a lot less. No wonder this keeps plummeting. Terrible month, news just gets worse. Keep fingers crossed that WN April drill is positive, as something needs to turn this round quickly. And who was it that said "There are idiots that think this will drop to .08!!" Multibagger, Crispy Oil, Herd arriving, Last chance to buy at these bargain pieces. Comedy Gold. Maybe 2020 will be our year. Blooming hope so.
I think the negativity is purely the share price fairway. Those of us that have been involved for a long time now, know the positivity and potential of these projects. But people like Crispy Oil, multibagger, get in before the heard arrive, my buy is a sell, last chance to buy them this cheap, really don't help. Since the Union Oil and Jack fiasco the share price has halved. You could buy then at .16 and now sell at .08. You don't have to be a maths genius to work out that is negative. But as I keep repeating, hold on, be patient, if it comes good, it will be VERY good. And that's the gamble.
As others who are well-informed here have pointed out, all existing ventures are funded, so no immediate issue. The concern is that such investment is relatively limited - we are not BP or Shell. UJO does have a record of going down the placement route to boost funding of new operations. This is a board decision and there is justification and rationale for that. The but, and the big but (and remember buts don't lie!), is that markets, particularly AIM market, detest placings, so if it happens - and it is the conditional tense - it may not be so good. That said, when it's .30p in 2020, who cares?
What is going on? Is Crispy Oil around? Share price plummeting like a stone.
Agree with mixster. "If you always buy bananas, you won't ever find an apple that's ripe."
Golly, this has been the most terrible run hasn't it. Halved in price after Crispy Oil told us all to invest in Union Oil and Jack. Maybe that was a sign! How low will it go? Many said it was a bargain at .16. What does that make it now?
My buy is a sell. MMs playing games. Multibagger. Get in before the herd arrives. Crispy Oil. Union Oil and Jack. Brilliant. Oh and down 7%.
Interesting stuff Mullein. So are you saying like rocky67 that this is a multibagger and will be .75 real soon?
This is what it feels like when doves cry.
A desperate week. Let's hope the landslide stops soon. It needs to almost double now to recover to where it was last week.
Chris Oil called UJO Union Oil and Jack. Please don't tell me you lost money listening to him. Or listen to someone else on here that tells you that .18 is a bargain price, or that it's the last chance to get in at .15 etc etc. Invest money having done your own research. Many years ago I lost hundreds because somebody gave me a "tip". Read the company reports, check every RNS and ignore words and phrases such as multibagger, mms are playing games, my buy is a sell and they'll never be this cheap again. This share was .40 a few years back, .20 a couple of years ago and has done nothing but plummet over the last year or so. It's now in single figures, so if all those clever tipsters advising that it was a bargain last week encouraged anyone to spend their hard earned money, I hope they are ashamed. Those that predict Armageddon are just as bad. Rant over. I like UJO and it's prospects. Alas, after this week's fall, I'm back in negative territory, but as the genuine posters here point out, there is (quite literally) lots in the pipeline! Good luck if you're in and holding, let's hope positive news comes in floods this year and that Chris Oil continues to tell people to invest in completely different companies. Just not ours.
People absolutely gobbling up these shares this morning. Four in fact. Absolutely flying in, including one for £9. They must be listening to Crispy Oil. He know his onions. Honestly, if you want comedy entertainment, look no further than the UJO board. Genuinely comedic brilliance. Haven't had "multibagger" or "the reds are buys" or "MMs playing games yet", but it is early. Give it time.
Shocking couple of days. Didn't someone say it will never get back to selling at 0.85. All the positivity and a terrible share performance. So please stop saying it's a bargain at .15. That's a massive loss already.
Nobody selling here Phoebe. I'm a Utopian, a Panglossian, I see the good in everything, despite the horror of yesterday. Bern here for three years. Will be here for much longer.
If the next development is in S****horpe and Crispy Oil gets that slightly wrong, it could be the best thing ever!
I've just looked up the definition of "multibagger". It's when you can buy a share for .16 and then within a couple of days, you can it sell for .095. Honestly, you guys. Don't get me wrong, I'm as hopeful as anybody that UJO come good. Not sure whether Union Oil and Jack will though. It has been excellent comedy for the last couple of weeks I must admit. Yesterday was a disastrous plunge, but no different to where we were pre Christmas. So the Utopian in me says move on. Il y a plein de poisson dans le mer...
A lesson in ramping...