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So, how many AIM oilers have almost £11,000,000 in the bank, are debt free, have strong revenues coming in daily, are doing a share buy back and paying a dividend? And Mirasol says they have achieved nothing.. more and more people starting look more and mire foolish with every day that passes with Union Jack and they know it. Winnifrith should win his Bulletin Board Moron aware for calling a death spiral financing earlier this year, the corner as been turned and anyone who says any different has their own, failing agenda!

In fairness, UKOG is not exactly an example of an AIM investment and in the early days of the 'Gatwick Gusher' a lot of people were excited. A lot of people invested their savings and there were far more than Heid promoting the stock. Seen it recently in the covid stocks, everyone thought they were the dogs bollo*cks. I think Heid's enthusiasm here is far better placed in fairness, this not UKOG and the future I believe IS quite exciting and far less risky with the current state of the company.

60,000 plus 60,000.......

Definitely no small institution buying in. I mean, they wouldn't. Or would they?

Persimmon "buying into a very high risky venture"

:) :) :) I can't stop laughing :) :) :)

what the trolls say, the facts are there to dispute their rubbish.

Nearly £11,000,000 in cash and receivables, approximately £750,000 coming in every month, soon to be used gas from Wressle to power the site and sold to a local business.

The company have a fantastic asset there that will keep on giving and some exciting additional prospects.

Absolutely no possibility of a placing, an imminent dividend and shares being bought back.

So **** it off as you may, but there are few, if any AIM oilers onshore UK in this position, it is now extremely low risk but offers a substantial upside from this level,

It IS a £1.00+ company in the making, of that I have little doubt and patience will see it.

That is totally incorrect Mirasol, and where a dividend is imminent, there are institutions that will take a position.

You certainly live up to your name :0) And you obviously have no clue as to what the MM's can and will do!

Mirasol, to fill an institutional order when the shares are tight, the Market Makers exercise two tactics. They will lower the price to shake weak holders out, sometimes creating a sudden drop to take out stop losses, alternatively they will up the price to attract sellers before dropping it back. Seen it many times and I know this to be the case. When UJO utilised the share buyback, the SO was seriously manipulated to get the shares at the price they wanted. No institution will place an order and watch the SP go up over 40p as the MM's try to fill it.

in my mind that there is an institution taking a position here in readiness for the dividend payment. Why wouldn't they? Easy and quick money and explains why the SP is being held back whilst the order is being filled and why the company have stopped buying back any shares. Being a MM, Shore Cap will be fully aware of any order that is in and no doubt DB knows too. The issue is that they will not find it easy to fill a sizeable order quickly, so expect this to be the case until the cut off date fast approaching.

"As forecast by Heid and TAC $11 million RNS". And when, pray tell, did I forecast this Pboo?

And who would believe anything you said Pete?

Move on Pboo, things have dramatically changed over the past year. This is no longer your cash burning, placing reliant AIM company and shouldn't be regarded as such. Long term outlook is nothing like it was, cash generative long term investment prospect now, much to your dislike.

Confidence doesn't require management buying shares in UJO. Where is there any lack of confidence? Profitable, revenue generating, good assets, dividend, share buyback, sorry, but imo there is no need for any of the board to buy any shares right now. The company is in an incredibly strong position with no placings for the foreseeable future. Buying a few 100k shares would make no difference to investor confidence. Certainly not mine anyway.

Banksman. One of the directors, Joe O'Farrel has been a regular buyer, but as previously mentioned, the average age of the board is about 75 so I doubt very much they would see much point. Director buys are usually to bolster the price, show some confidence (usually before a placing lol) , but with over £10,000,000 in the bank and roughly £750,000,000 coming in each month, confidence isn't the issue. Every month takes this company forward financially and with a few very nice assets to develop, there certainly aren't any known issues waiting in the background.

from non-shareholder Pboo, excellent day on the BB. Good so,id information and positivity on what is becoming a very investable stock.

Pboo "Why you waste your time i do not know"

The same question could be asked of you lol!

institutional order is in. All sells have been sapped up over the past week with no SP improvement to talk of. No rise with the confirmation of gas utilisation, share buy back or build up to cut off date to dividend, or even notification of both of these actions. It's easy money for anyone with a decent shareholding, I think someone is building a position. No doubt we will find out at some stage.

Pboo, it is really quite simple. During the year in question, there were two months where there was none, or minimal production. This is what the average was in that period, the period in question for Egdon's results. Overall, to date, the well has been producing a far better average, this is because that average now incorporates the period after their result period. So in their results period, 600 odd, but overall average applicable to production now has increased to 700+.

Hope that helps your confusion.

"Have you bought some shares so you can vote for them??? I bet you haven't"

Doesn't stop you spewing your rubbish here without any shares Pboo.

between thise who are accused of ramping and those accused of trolling.

The 'rampers' hold shares, the trolls do not.

I am positive in UJO because they have substantial amounts of cash, don't carry the risk of any placings, generate more revenue than they spend, are debt free, have some nice assets and along with buying back their shares, are paying a dividend.

Now that to me is something to be extremely pleased with and positive about.

Seems like all good news to me so whatever the trolls have to say is purely jealousy or bitterness, I don't hold with the 'we are trying to save you' line!