Member Info for TheAimCasino

on here are not even shareholders. They only appear when the SP is down or news is anything but positive. As soon as the SP starts it's recovery, they all disappear. When it was heading up to 50p, not a sign of them.

All the 'we' and 'us' makes me laugh, in the grand scheme of things, probably only 2% of actual Union Jack shareholders post on here and they are the positive ones.

It is known that agitators like Mirasol and Pboo, two of the most prolific negative contributors are just out to demoralise, others are quite obvious.

Genuine, long term shareholders will applaud a small dividend and a buy back will help to increase the value of the SP in unison.

If the company were to pay a maiden dividend of .5-.75 and buy back shares, this will almost certainly attract an institution or two, who will be forced to buy retail.

We could see a dividend, a buy back, institutional buying and this will in turn take us back up over 50p but with a new found strength.

How many AIM oilers are there out there operating in safe territory, have over £10,000,000 in the bank with a revenue stream of approx £750,000 coming in every month who have confirmed they are fully funded for over a year and offer no risk of a placing? Not many, if any.

This will all come good, that I am sure of and this bulletin board will have little effect in preventing that. When the SP was 50p, the BB was peaceful, informative and friendly.

Look forward to seeing that being repeated and the antagonists and activists moving on.

Have a nice Sunday everyone, family time, Sunday Dinner and a few nice glasses of something nice on the cards for me.

I have no interest in seeing the company coughing up millions on a dividend when the intention is to drill Keddington, West Newton and possibly Biscathorpe, whilst remaining in a position whereby the auditors will sign off the necessary paperwork confirming the company as a going concern. With the way things are right now it would be foolhardy to give away too much cash in the first year of profit. Any divi this year will attract institutional interest, the more cash available to progress, the less risk and the more interest there will be. Imo.

Ever got anything positive to say about anything UJO related Pboo?

Canchat, I agree, into treasury. Absolutely no chance of 5p, put that with a buy back and the company would be spitting out over £6,000,000 and that would not be at all prudent. Right now, cash is king. The world economy is in such a mess, the insecurity over the future of hydrocarbons, a potential recession looming, DB would be wholly irresponsible to reduce our cash balance by that amount. When you add up the running costs, potentially three drills, I believe they have to pay the Langs £500k at some stage, whilst remaining in a position of 'ongoing concern'. Wressle is doing extremely well, but it's already generated a substantial amount of oil with no water cut, this could change. There will be costs involved to get the gas to grid also. No, I believe .5p per share and a million plus on a buyback, that would be a grand end to 2022. It also means that as long as things continue as is, next year will see another, potentially better dividend. In the meantime, one or two institutions could already have their eye on Union Jack, waiting for the dividend announcement before taking a position. All these actions will hopefully take the share price considerably higher.

I do think they will do both. A small, first ever dividend and a buy back. This will basically make any sales immaterial and with these actions in place, any small institution would likely be interested. I bet Shore Cap already have a few lined up to take advantage of the divi.

absolutely no chance of 5p dividend. The company has to ensure it can cover all its costs going forward, potentially a drilling campaign at Biscathorpe, Keddington and West Newton. It needs cash for a buy back. Can't be risking a secure financial prospect, Wressle could start producing water for example. Bearing in mind this is a maiden dividend that investors will expect as a regular yearly event. I would expect about .5p initially, increasing next year to 1.25/5 in 2023.

The last thing anyone needs now is Union Jack giving loads of cash away to find itself subject to any catastrophe moving forward and needing to place down the line.

DB is going to manage this very shrewdly imo, bearing in mind this is a dividend being given out in the first year of profitability.

I would like to see .5/.75 divi, couple of million on a share buyback and institutional investment, all of which, imo, are very possible. Those three catalysts will propel the SP to new highs.

Nothing not to like Canchat, we are just in torrid times and stock market getting a pasting. Only people crying in their soup are those that don't own their shares. Patience will pay off imo.

The share price is abysmal right now but I don't believe there is anything the company can do to fight against market conditions.

Nearly £11,000,000 in the bank, approximately £750,000 coming in monthly, super potential from Wressle and Keddington, possibly massive future for Biscathorpe and whatever may develop at West Newton. The future here remains extremely positive, we are safe from placings, can't really see how things could be much better for an AIM listed UK oiler. I do believe we will get our dividend this year and a buy back will be instigated. That will almost certainly bring in institutional interest, they will most likely have to buy in the market too. It's easy money for them if a dividend is declared. Shore Capital were brought on board for this very reason and they will, I am sure, deliver. Right now, every AIM oil or gas stock is being hammered, Union Jack has the potential to make a massive recovery, people just need to sit tight.

I do wish you wouldn't keep saying 'us' Mirasol. There is no 'us' where you are concerned, just as there is no 'us' in any of the other hydrocarbon stocks you troll!

Lol, I knew that would drag you out :0)

Milnowrug, I believe we have seen a new Union Jack this year. Numerous RNS's, upgraded resources, excellent new website, new, communicative Twitter account, move to profitability, substantial cash balances, confirmation of all costs met for all operations for the next 12/18 months. In addition, a maiden dividend and share buy back scheduled for 2022. The past, painful years have been leading up to this and it is, in my opinion, time to stop dragging up leaked placings, delays and whatever else some on here seem to thrive on reminding everyone and look at what we have and where we are. When the dividend is announced, however much it is, it is an amazing achievement for an AIM company who only started making real money this year. To be in a position to be able to snap up any sales too will ensure the share price a lot of strength, added to any institutional purchases, there could be a marked increase in value here. I am happy to hold, I think we could see multiples of the present share price and potentially in the next few months.

My opinion still stands in that we will get confirmation of the share buyback and dividend and this will attract some institutional input. With them buying and any sales being sapped up, the SP will completely re-rate. Added to the bank balance breaching £11,000,000 by year end, it remains an attractive longer term investment, especially looking at EOG result with Serenity duster, management issues at Reabold and instability on fracking, we are so much better placed than our peers/partners. Can't see any bad news to come and we could possibly even see Biscathorpe approved and an update on the Wressle gas situation. 28p is way too undervalued.

doesn't like the outcome of the fracking vote then :0)

Well, they have achieved the other points mentioned, feel confident we will get these sorted too. Everything is falling into place, things getting done.

7th September

We look forward to the remainder of 2022 and reporting on a number of fronts, including our dividend and share buyback policy, the GaffneyCline Report and RPS Competent Persons Report for Wressle and West Newton respectively, both of which I am confident will confirm the future operational and financial strengths of these two flagship projects.

It's been RNS'd that the capital reduction will be instigated in 2022 Micky, so why the suggestion of a delay? By my reckoning there's a few months left!

If you were a shareholder Justbe your comments would be justified, but you're not. Additionally the company has moved on. Whatever the outcome of the investigation, it is immaterial to the present or the future of Union Jack. Who gives a damn about it? It was done, most likely data protection requires it to be kept between the FCA or the AIM Authorities, whoever it was passed to. Why don't you call DB if it bothers you so much instead of repeatedly asking the question on here of people who have no idea?

Not sure what more the guy can do? Positive RNS one after another, how many his year? 20? 30?

Substantial upgrades to Wressle, constant flow rates and revenues, uplift in reserves and longevity. Then West Newton. Massive upgrade in reserves and an 86% chance of success. Excellent case put forward on Biscathorpe, interest on two loans, looming dividend and share buy back, I mean, come on, how many companies have achieved what DB has achieved for Union Jack?

This is purely a waiting game now. Unlike the past 10 years whereby he has been investing in assets, waiting for planning, waiting on operators etc, now it's all coming to fruition. All the grief over leaked placings are history, the company has over £10,000,000 cash in the bank and that is increasing daily.

Whilst a dividend will be great for all the long term shareholders, The share buyback alongside this will add value to the SP. Additionally, on announcement of the dividend, I am more than confident that Shore Cap will be on the case to attract institutional investment. It's a no brainer in these markets for an institution to place some cash in a company like Union Jack and that too will bring more value to shareholders.

For all the shi*te spewed on here, inevitably the company is in a solid, attractive financial position, with no chance of a placing and fully funded to cover a small dividend, a buy back and cover all its operating costs for the next year plus.

Sit tight and hold.

how so many seem to have the idea that the gas monetisation can be achieved without knowing what it actually entails and what exactly the operator may actually be working on to get the best deal on this. Nobody, absolutely nobody wants to see it being burned off, so to keep whinging about it as though it is intentionally been wasted really gets my goat. Mark Abbott suggests a potential way to expedite the use of the gas. people just need to wait until it materialises.

'Megative' is extra negative :0)