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For a company to achieve a maiden profit, have almost £10,000,000 in their banh account and revenues exceeding $1,000000 every month, be fully funded for all operations for the next 12 months, be about to offer a dividend and buy back shares, whilst being JV'd in the biggest gas discovery in half a century along with a sizeable chunk of the largest unappraised hydrocarbon discovery in the UK, this is an incredible achievement by the company and David Bramhill who has made the right investment decisions to arrive at this point. Placings are now a a thing of the past, another amazing result for an AIM company, it is now the future people will be concentrating on. We will see lots of new investors! No doubt some institutions getting on board and a share price that I am confident will certainly break a quid! Confidence is here now, those that sought to damage sentiment seem to have been heavily diluted, everything to play for here now.

Considering Reabold confirmed CPR 3rd quarter, you are already incorrect Plumper. Date set for Biscathorpe appeal, so wrong again. Reserves Report for Wressle in 'final stages', probably wring there too. Think my prediction is more likely than your denial!

at an average of 1-2 RNS's every week for the next six weeks and all positive!

To come:

Interims, Wressle Reserves Report, West Newton CPR, Capital Reduction Update, Biscathorpe, Keddington and North Kelsey updates, share buy back notifications, divi payment, anything not known........

Heid's pound could could actually be exceeded.

Dont UJO also hold options in Egdon too? Or is that 13m including them?

Where do I get the energy lol?

Chitty
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The Aim Casino
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Best drag it back up.

The green movement are on the back foot and today and

"this is already being noticed on this BB alone. Slating UJO or DB is now looking foolish as he has delivered on a super asset, taken the company to profitability and will preside over many more short term successes. We are, at any time now, going to get the interim results confirming the maiden profit, the Wressle reserves report most likely substantially upgrading the present figures, the West Newton CPR confirming the gas commerciality and quantity, confirmation odd a share buyback/and or a dividend. Followed by the very likely granting of permission to side track the biggest unappraised hydrocarbon discovery onshore UK at Biscathorpe, the Keddington side track plans, which planning is already in place and the North Kelsey planning again likely passed. What a phenomenal period to be invested here!"

Strange how I posted this and the BB has been deluged with posts to sink it into oblivion.

Past or not, the shareholders on here are trying to make some money, RNStranslator is damaging our investments, taking food off the table. As are the activists.

chitty****tybangbang, the only posts that get removed from here are from the likes of you, not me. What need is there for me to be anything but positive? Profitable, cash rich, substantial revenues incoming, great assets, capital reduction granted, why would anyone be negative? The only negativity is from activists as they have no other way to express themselves and haters like Rnstranslator who can never find anything positive to say!

I think there will be very few still holding those placing shares personally. It's been a long time since then and a period when selling them would have been at a loss. I would imagine most will have taken 5% and run for the hills, not expecting such a good recovery and a major uplift in sentiment, productivity, revenues and cash balance.

Itsawrap, he couldn't take a holiday and miss the opportunity to post on an RNS lol! Unless he is half way up Everest with a flat battery!

Rnstranslator has an intensive knowledge of the oil industry, I have no issues with that. What ne doesn't have however is an unbiased view of Union Jack. Every RNS that drops, he will instantly start his attempt to try and make it less positive, try and instil negativity and uncertainty. This is a personal dislike of the company and Its board, not a failing by them. I have trouble recalling anything that has been announced that he has so much as recognised as remotely positive. This to me makes most of his posts irrelevant.

Rnstranslator has gone missing in action. Or AWOL even lol? Too embarrassed to try and post a negative spin on what is quite obviously now a strong investment case? Anyone trying to knock this now will just look foolish.

this is already being noticed on this BB alone. Slating UJO or DB is now looking foolish as he has delivered on a super asset, taken the company to profitability and will preside over many more short term successes. We are, at any time now, going to get the interim results confirming the maiden profit, the Wressle reserves report most likely substantially upgrading the present figures, the West Newton CPR confirming the gas commerciality and quantity, confirmation odd a share buyback/and or a dividend. Followed by the very likely granting of permission to side track the biggest unappraised hydrocarbon discovery onshore UK at Biscathorpe, the Keddington side track plans, which planning is already in place and the North Kelsey planning again likely passed. What a phenomenal period to be invested here!

Yes Mirasol, and I am sure you will remember that was the CPR, it was later upgraded to a reserves report which required substantially more data due to the ever changing status of the flow rates etc. You just choose not to remember that bit. You are fighting a losing battle here and over at Angus Energy, time to find another defenceless little hydrocarbon stock, these two are beating you hands down!

I don't think anyone should consider anything as fact unless it is officially released but DB stated in July in an RNS that the Gaffney Cline report was in the stages if being finalised so I believe, with the interim report coming out along with other important announcements, it is extremely likely it will be RNS'd this month.

I'm just confident, based on the fact the West Newton CPR is also due, the interim report will I believe need that to bolster the already great sentiment, it makes sense, especially with all the pressure to get it out, the fact the capital reduction is now agreed and they will want institutional investors knowing whats what. Why you have to suggest skulduggery I really don't know.

what this week will bring and whether we will break 40p? I am expecting the start of some strong newsflow with September being a major month for the company and it's shareholders.

Has anyone noticed the constant flow of attacks on anyone daring to post positively here has slowed, almost disappeared, allowing shareholders to post their opinion without full on negative respinses forcing their comments out of site? Where has Rnstranslator gone? Usually here to rip each RNS apart, he's not so much as commented on the Capital Reduction update. Not like him to miss an opportunity.

So September is the month for the much awaited Wressle Reserves Report. We have been told it has been upgraded from a CPR, the data collection I am sure will totally change the present outlook (perhaps Rnstranslator realises his statement the well will dry up within a few months is now so embarassing he cannot show his face any more lol). 700+ bopd month on month, no water and free flowing into those tanks! Then we have Reabold/Rathlin releasing their CPR on West Newton. The gas has been flowed in the lab and using a different drilling technique is now likely to make this massive discovertpy commercially retrievable. Also note, if Liz Truss does as stated and lifts the fracking moratorium, that gas will be nailed on with a little nudge! We may also have news on the capital reduction, I would expect a dividend of no more than 3%, that is the industry average, but it is the first kick back from a company that has only just announced a maiden profit. Personally I want to make sure that the bank balance remains strong for future operations, guaranteeing no placings. As things stand, all costs for all drilling for the next 12 months is covered which means West Newton first well is funded, Keddington side track etc and Kedington itself could add an additional 120-150 bood+ to Union Jacks revenues. With the million dollars a month already coming in, the cash in bank should continue to outweigh all running and operational costs moving forward, how exciting and safe is that for shareholders?

I think we will also see an institutional investor or two comeon board, Shore Capital weren't brought on board for nothing. They have some seriously major clients on their books, they will do wonders for the company.

The interims are due in the next two weeks which will hopefully provide a nice update moving forward. Quite simply, Union Jack Oil is now a serious investment case and it is becoming harder and harder for the activists, haters and traders to keep it down!

The Wressle reserves report, the West Newton CPR, the $million+ per month revenues, the dividend attraction to an institution, the share buyback thus reducing the available shares in issue, the monetisation of thenWressle gas and other news that will be added to the pot this year. It's not going to be a struggle moving from the present 35p with strong sentiment and all the news that is due, this is AIM, I am pretty confident now it will happen. There are few companies like Union Jack who have such a large cash balance, strong revenue stream and exciting assets to develop. Few companies that have no risk of an unexpected, unwanted placing. There has been a lot of abuse thrown at DB this year, what with the personal insults, Winnifroth trying to suggest an emergency placing and articles attacking the company, but David B has proved everyone wrong. Can't remember ever being invested in a company that is in such fine shape on AIM. No hopes for a drill success in order to keep the lights on, no placings to be concerned about, no movement into high risk countries. Union Jack, safe and sound in the UK.

Difficult to slate a company that has announced a maiden profit, takes over a million bucks in every month, has nearly 10 million quid in the bank, about to do a divi and is a JV partner in not only the biggest gas discovery (West Newton) in over half a century but also the biggest unappraised hydrocarbon discovery onshore UK (Biscathorpe) amongst other assets.