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bullshi*t posted the past few days. Let's look at the likelihoods and possibilities.

The likelihood is that Wressle will continue to produce for about 15 years going by the Gaffney Cline report, which doesn't appear to include the gas, there has been un upgrade in reserves of over 2,000,000 barrels of oil. The gas issue is restricting the oil volume, there will, when the gas monetisation is resolved, likelihood within the next 6 months or less, be more oil produced and more cash from the gas. For the next 5 years, at the constricted rate, the company will see in excess of £50,000,000 plus the gas. How many small AIM companies churning this amount of cash? Then there is the share buy back and/or both, the dividend, again, likely in next 6 months.
Wressle is presently the company maker and will be so for many years with more zones to target. What could be in the Santon Sands?

Union Jack, imo, will not as some suggested, be financing any additional work at West Newton, buying out Rathlin or Reabolds share etc, why would they? The cost of a bigger percentage would make things very tight and DB likes the cash position. He won't be wasting itj or looking to burn it in some extra risk. Biscathorpe result soon and possibly North Kelsey. Very, very likely these appeals will be granted. Biscathorpe will not cost an enormous amount to side track.

There will always be ups and downs, but the company is financially strong, has a strong revenue generator in Wressle and the future looks pretty secure.

Nothing Ruthie says will stop West Newton and gas or oil will be, imo, sold with the first successful well. The days of the activist have been stamped all over with the recent revelations on climate misconception and people's need for gas, electric, fuel. It simply cannot just be stopped.

Union Jack are in a pretty sweet place right now and all the dicking around with the SP will come to an end. This is a £1 share minimum in the coming weeks.

Its an opinion as well you know Mickybee, quite obvious to the literate. And why do you think Shore Cap brought on board?

that regardless of their lack of understanding of the RNS, Wressle continues to produce a milion bucks a month for the company, adding to the almost £10m cash in the bank. Nothing has changed, other than we have been told of a further 2.4m barrels of reserves and the well is likely to go on producing until at least 2035. Depletion? Well of course there is, no different to any well. Later this month (only two weeks left) we have the West Newton CPR which I would think will be quite stellar based on the lab flow test results. As soon as that has been released, the company should be in a position to do a share buy back and a dividend, or both. These factors alone will take the SP back up and buying back a large number of shares are they as sold can only have one effect. In addition, as soon as the divi is announced, we will be seeing institutional investors coming on board. From what I have seen and heard, analysts who understood the technical detail in the GC report are pretty much in agreeance it was exceptionally positive for the company's future. This is, as I always believed, going to be much higher by the end of this month and I still believe that with what is to come,

Don't be a dafty Persimmon, there is no game on my part. I simply have an investment here that I believe will do extremely well, and most likely this year. I expect a substantial uplift from this level and I have no interest in trashing the company or its management when I see what I believe to be some remarkably good achievements recently. I have no affinity with Heid, neither do I always agree with her. But I have every right to show my confidence here whether some disagree or not and I will continue to do so.

I still see this easily breaking Heids pound by Xmas. I think as soon as the West Newton CPR is out of the way, there will be institutional buying in readiness for the divi and/or share buy back. It's going to happen I am quite confident and with that level of buying, if the West Newton news is as good as expected after the lab tests, it will fly up.

Reabold released an rns, they basically invested around 6k and returned 13k, sp dropped 20%. Nothing is certain right now. UJO increased reserves by 2.4 million barrels of oil and dropped the same. Whether or not people understood some of the technical jargon, the fact is that rns secured the longer term financial security of the company. The drop was way overdone, in fact there should not have been a drop at all. No point continually blaming everyone else, peeps need to get over it and look to the future and where the value of this company will goober the coming months, we know we have 5 years of approx 800 barrels and thats constrained. Get the gas moving and a much bigger picture. I still retain all the confidence in this I had from the day I first invested.

on this bb over the past few days. Seems like with the SP retracingfrom the 50's to the 40's. Some people have got extremely angry, yet it is still way higher than the recent 20's. I think the rns was perfectly ok, it was the market, investors that didn't interpret it correctly. I would agree that perhaps it was way to technical, but it was referring to the content of the GF report which, for most people I suppose would have been difficult to understand if you arent up on your oil research. One thing that did stick out though however uninformed you may be was that there was a marked increase in the recoverable reserves which nobody can spin into a negative. Pretty sure it will recover pretty quick, there was no bad news.

I don't always agree with Heid Pboo, I just cannot be ar*sed to be getting into arguments. All I know is, from a personal opinion, that graph was not responsible for a 20% drop yesterday. It was a technical report, analysts understood it and put out their responses which were accessible and understandable, if investors couldnt be bothered to read them and sell off, then thats not the companys fault. If you invest in oil stocks, what do you not understand about 2.4 million barrels in reserves and minimum 5 years constricted at 800 bopd, declining over 13 years? Couldnt be clearer to me.

Heid, what dont you understand about that graph? It shows loads a oil for 5 years with a gradual decline for the following 8 years., seems pretty clear to me tbh. It's designed and portrayed by the industyr leader but you think you know better? What send the SP down imo, was the 'sell on news', the 'we didn't even look at the presentation or read Shore Caps report' brigade, with a load of stopp losses taken out which probably panicked weak holders too. Surely you don't blame a perfectly understandable animated graph confirming substantial revenues for more than a decade for the drop?

for Union Jack Oil. already a bagger in the past fortnight, I feel it will be another or more over the next few weeks. The Reserves and Contingent Resources report is due any day, as is the CPR on West Newton and I reckon they could both be quite spectacular. Everyone laughed at Heid's pound by Xmas, Lucaduca on Twitter challenger her to. £50,000 bet to the point he was prepared to get a solicitor to draw up a contract lol! This has got a pound written all over it and a few extremely vocal contributors to this BB derided her for her predictions, me for ramping, others for showing any positivity. But like Heid, my confidence is being justified now. Where is RNDTranslator? No comment since Aug 24! Has he realised he called this completely wrong and has been shamed into silence, in preference to admitting his error? Where are all the other negative posters? Everyone seems to have disappeared. I remain confident in this reaching 60p this week and a lot more on the two reports outstanding.

of a large buy order being filled!

this week. Good chance of news and the only big news we know of is the Reserves Report and the CPR. One or the other will do me then then the other the week following. Think there's certainly a big buyer too and it's npt the company.

22 people seem to think different Milnowrug. Be nice if you could perhaps mind your own business and accept we all post differently.

Reserves update from Gaffney Cline next week, but even if not, it will be within the next three weeks along with the West Newton CPR from Reabold Resources and Rathlin.

That will boost Union Jack, as the reserves report will boost Egdon Resources and Europa, so whatever you are in, the next few weeks are going to he exciting for holders of any of these stocks.

Great to see such positive sentiment here after such a long period of abuse and disruption.

A few people called this wrong and to see what is now developing is a feather in the cap for David Bramhill. What did Winnifroth call him? 'The shamed CEO of Union Jack' lol. And what did he say was going to happen this year? Emergency placing incoming lolx2. :O)

Can only say well done to the company and its board, and let's see Heid's £1.00 and more by the end of this month!

with this deal. This is 10 times the interest rate Union Jack would be receiving on the Wressle revenues, the cash is there to do it. This will not affect any dividend or share buy back, because, again, the cash is there for that too. Bear in mind, within another 5 weeks, that loaned million will be returned to the account from wressle and the other two producing assets. Its an absolute no brainer and yet another shrewd deal by DB. The security on the loan is unquestionable. Full marks to David Bramhill with this one.

Europa would have placed rather than give up a % of Wressle. This is low risk borrowing. Its good for Union Jack and there is always the chance Serenity doesnt come in and they cant afford to repay. 10% of Wressle to UJO. Its a great deal.

a spare million notes!

Great interest rate and wow, that's some security lol.

Yes-maligned, typo.

after all the abuse, hatred and spite, positive shareholders are at last vindicated in their trust of David Bramhill.

He didn't 'just' pull a rabbit out of a hat, he has been feeding it ready for it's appearance for a long while and now it's in front of his audience!

Heid's much aligned £1.00 is almost certainly going to be breached in my opinion, we are half way there with none of the expected news! A great reserves report and CPR could totally change the outlook here and I have a feeling we are already experiencing some institutional buying, every sell is being taken out.

I think a few people on here owe a few others an apology, not that I would expect anyone to offer one!

A fair few bob then lol! Super investment!