Member Info for TheAimCasino

Seems a strange time to exit after going through all the shi*t, to then sell up when everything is to come. Years of placings, leaks, failed planning, debt, low revenue which has now turned to no debt, no placings, strong revenues, no leaks, likely successful planning appeals and you think it's going nowhere? Obviously it is your decision but I think you may regret that decision.

Itsawrap, you deserve a medal lol. I refer to July as there were two periods mentioned, third quarter in the RNS's and July in a presentation at the same time. Take your pick, insiderinfo, yeah, ok.

this drop on the SP is not, in my opinion, anything to do with any bad news on the horizon and it will recover in the coming weeks. Just from what we know, in the next three weeks we will have the West Newton CPR, possibly the Wressle extended reserves report. We will have yet another $1,000,000 in the bank, be closer to the dividend or share buyback confirmation and any other news that may be forthcoming. With no likelihood of a placing, cash of over £8m in the bank(cash owed by the royalties and the shares and options in Egdon too) the company is in an excellent position.

I was more referring to your comment that Wressle would stop. It wouldnt. They likely already have generator facilities on site anyway.

Rnstranslator, in your obvious involvement in the industry, I wonder if you have ever come across a generator?

between gloating at the misfortunes of others over the fuek crisis and being positive that the effect it may (or may not) be having on your investments. If oil topped $200 a barrel, I daresay my shares would be very enjoyable to see for me personally, I would not however enjoy seeing others suffer from it. So Persimmon, maybe you should look at your view on Heid's pleasure in the oil price from another angle, not just your negative stance.

Nobody can change the fact that all timescales are down to the operator, no good blaming DB for that, it's ridiculous to suggest he should keep to timescales lol. Operationally he is in the operators hands and nowt will change that. Look at some of the crap around you, most are in debt, have no revenues and they are the operators! DB has done well compared to most in getting UJO to where it is now and whilst people can keep harping on about the past, I am only interested and invested in the future now. I certainly don't give a flying feck about leaked placings, delays, investigations or whether DB has his shirt untucked, it's now time for UJO to shine and shine she will.

Genuine question: When the operator gives Union Jack/Market a time scale, would you suggest he ignores it and comes up with his own?

Well Ninetails, if the cap fits! Personally I have no time for anyone that resorts to the sort of bile we see on here about DB. The guy is 70 years old and works his butt off for the company. He only wants it to succeed and some of the comments on here about him are beyond. Union Jack has entered a new phase in it's development being profitable and debt free and people on here are failing to give this time to generate value. With SP's across the board dropping, UJO is not alone in trying to breach low levels of value. I am 100% confident the next few months will see some big changes in the market value and then people can find something else to whinge about. Perhaps DB's trousers are too short or the office wallpaper is the wrong colour,

to Mrs. Wamp and her associates lol

"Why did you spend your time for months on end trying to stop West Newton if nothing is there".

to spot the posters on here who are not invested in Union Jack. Why they feel the need to constantly attack the management and the assets is quite beyond me. Such a waste of life attacking investors in their chosen investment. OK, so there are a number of anti-hydrocarbon activists on here. They use this as their way to protest because their physical options are fast becoming pointless. Residents don't want them camping on their lanes and shi*ting in their hedges, the law is slowly but surely clamping down on them and their recent antics, gluing themselves to goal posts and historic paintings is condemned by just about every sane person.

Then you possibly have the lonely few. Likely retired, few friends, no social life, using the bulletin boards to gain virtual chums where they can build a new image. They may of course just be miserable feckers who don't want friends, they are the ones that have had a life of bowing and scraping and this is their way feel powerful, to upset people from the safety of their keyboards.
The fact is, why would any person with an inkling of sanity use up any if their valuable life coming on here day after day posting tripe and arguing with people over something they actually have no interest in?

Now I am a shareholder, what are you? And why do you post here? Anyone?

What exactly would a PR company do for Union Jack in the present climate? Nobody wants live seminars of investor meets any more, they all use Twitter now anyway. It's all about who has the biggest audience on social media. DB does the occasional appearance, the JV partners do the same, plenty of PR going around on UMO's assets.

Chitty, things are going to change over the following months, mark my words.

Pboo, I only bought in here last year which you can easily verify. I have no association with Heid whatsoever and all I have ever said I would rather see her posts than the constant sniping at the management by people like you and Persimmon who I see has joined in to support you. This BB is infested with haters and activists who regardless of any news will look for or create a negative. There's no doubt Twitter is the better platform where genuine shareholders gather, where no ****e is tolerated. Talking of ****e, do you post on there? Union Jack is going to outshine UKOG, EOG and EDR in the long term and it seems a few on here really don't like the thought of that.

Pboo, you have no interest here, you are a big loser in UKOG who knows full well that Union Jack is going (well already is) outshining your investment there. You spend a lot of time trying to diminish the outlook here, yet the outlook is incredibly good. So who exactly is wrong, me for being positive and forward looking, or you for desperately trying to suggest there is a lot wrong here? I mean, cash rich, debt free, strong monthly revenues, assets which could potentially be life changing for many long term shareholders if they come to fruition, unlike your investment in UKOG, where the CEO has failed miserably, the assets would be better used to supply Perrier and the future looks bleaker by the day. Union Jack is obviously going to move up, it cannot keep increasing the bank balance and not do so. Why you feel the need to post here daily and knock people like me who chose the better investment opportunity long term I don't know but it is a but petty, don't you think? Get a life and accept the fact you got it wrong!

I am 100%. certain of a substantial re-rate here. Easy to keep whinging but you have to look at the obvious outcome within the next 6 months. Another $6,000,000 dollars into the account, potentially even with a bit of expenditure we will see about £12,000,000 in the bank by Xmas.

The gas to monetisation will have started operationally by then ready for first quarter 2023 along with whatever other asset they look at. I have more patience now seeing what is developing, the outcome will see a marked increase in the SP imo.

I seem to remember the Wressle well free flowing 100 bopd from the outset, I see the flags doing no less. So whatever the cost to break into that zone, a quick, pre proppant-squeeze revenue of.............?

on the UJO Twitter account. An upgrade to the pipework to enhance future production. This site is the gem in the crown for the company, ensuring financial stability and lessening the need for any future fund raising. Can't wait to see the revenues coming in when they drill into the Pen*stone Flags and start piping the gas into the grid. You can't knock the company on this one. Great decision to invest, great decision to increase that investment. It's a money tree plain and simple!

I wasn't going to post again today, but just for you RNStranslator.....

There is obviously nothing fundamentally wrong with the company. Strong revenues, likely to appreciate o er the coming months with the flow increase and gas sales. I believe in the case of the SP, there are a number of factors.

1. West Newton remains an unknown. That unknown is whether it can be made commercial and what it will cost. How much will it cost and will UJO need to raise. Personally I think the revenue stream will more than cover UJO's 16.66%, especially as it will be a staged investment.
2. There had been a lack of confidence which was compounded when the placing sounding was leaked. That hurt a lot of people and they have every right to be disappointed with the company, even though I believe the leak came from the brokers, the buck still stops with the company as far as investors are concerned. Trust needs to be earned, I think this trust is slowly being restored and we will see a return of value over the coming months.
3. We are not exactly in the best place for any stock to blossom right now. World recession looming, people cashing in, the effect of the pandemic still lingering, the war in Ukraine, I see many stocks treading water who have great assets that are undervalued.
4. Timescales. AIM investors in general are happy to make 5%. Scared to hold a stock for more than a few weeks in case there's a placing. When there is no news expected, they are always looking for another 'opportunity' and move on as quickly as they arrive. This offers the companies they trade in little chance of maintaining their value in between news.

Union Jack have released so much good news in the past 6 months, it is quite incredible they remain at the same value as when the first $1,000,000 was announced. 7 million dollars later and still under 30p?

My expectation is that when the dividend is announced, there will be a drive to get an institutional investor on board and this will not be as hard as some may think when the results of the two CPR's are revealed. The company is in the best position in its history and can only improve from these levels.

It's obvious that DB wants to see Union Jack Oil a raving success. He has invested, with the agreement of the board of directors, in a number of assets he/they believe will bring value to the company. The job he is tasked to do on behalf of investors.

To date, he has through one investment alone and with his increasing of the percentage interest, brought the company to profitability. Yes, it's taken time, it's taken placings, but that time taken has been down to the operator of the asset and in this industry, especially onshore exploration, is beset with planning delays and disappointment. The operations delayed by activists, you name it, every stage is a battle. In the meantime, the company must continue to invest and survive and, as anyone who invests in AIM will know, this costs money, it is high risk and a lot of companies fail miserably.

Like it or not, Biscathorpe, West Newton and Wressle were all gambles based mostly on the experience and skill of the company's own geologist, Graham Bull, another of Union Jacks' greatest assets!

Shareholders here have been patient, they have been diluted, they have been caught out on leaked placings, sadly part of the risks of investing. BUT, for the first time in the company history, that long awaited period has arrived. In 12 months, the company has achieved profitability. It is debt free. It is going to do a share buy back or a dividend payment/both. It has an interest in the biggest gas discovery in the UK in over half a century, it has an interest (major interest) in what is described as the biggest un-appraised onshore hydrocarbon discovery in the UK, throw in the royalties which are money for nothing, add on Keddington and Fiskerton production along with some other potentially good producing assets pending, for me, Union Jack is in a good place, a place that will not only weather any recession, but will remain in a healthy position for many years to come.

Now if all that is worthy of slating the management day in day out, then some people need a wake up call. There is absolutely no doubt in my mind that the company will now progress to DB's 'mid-tier' hopes. Maybe not this year, but I believe it will happen. I know it's easy to say be patient, many have been patient for longer than they ever expected, but 2021/2022 has been the period of change. Loads of news to come including two important reserves updates.

Thats me done for today, I will sit back now and watch the activists, antagonists and non-shareholders pull this to pieces. Have a great day everyone.

Rnstranslator, I think you will be incredibly disappointed when both of the pending reports are released. Wressle is, in my opinion, far greater and offers far more potential than people think, hence the extended reserves report. The West Newton CPR is also going to astound. And not in the way you hope and believe!