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Manwithplan, we have just gone through a pandemic that crippled the world industry, entered Brexit and with all that, there has been a massive impact on not just Union Jack. I am not excusing the SP, it's abysmal, but trying to blame DB for everything that has happened and using agism and abuse as an argument is not on imo. Anyone would think the company is on it's last legs with no hope left. The fact is, the present position in view of the way the world markets are suffering is enviable. Whatever happens in the near term, this company is profitable, well financed with a pretty impressive revenue stream coming in for the size of it. There will be a few companies going tits up over the next year and at least UJO won't be one of them.

spiteful, unpleasant excuses for human beings is it not? Funny how when the SP was higher he wasn't old or hopeless lol! He's taken this company to profitability by his investment decisions in Keddington, Fiskerton and Wressle. He invested in a JV that discoverednone of the biggest gas discoveries onshore UK and hardly his fault the geology is making it hard to recover and neither is it his fault two planning decisions have been rejected against the planning officers recommendations. I bet when the CPR is released he will all of a sudden be a younger not so hopeless exec Chair. This personal abuse is all about people who should not be investing and a load of online activists helping the attacks along. Don't think I have read so much absolute rubbish being spouted in an attempt to disrupt and corrupt a bulletin board. Some people should be ashamed of the way they have attacked a decent bloke.

RNStranslator, and your point is......?

Be sensible, you know when Heid refers to David banking loads, she is referring to him as the company. It's really childish to further your incessant negativity with suggestions he is transferring the revenues from Wressle to his personal account. The company has been going for 10 years or more and the accounts are audited. Please at least give this a rest, it just makes you look a little foolish.

from here as a lot of people will take profits from this level. Two steps up, one step down until the SP gets back up to the 30p range. This isn't going to happen overnight, likely months, especially as the placing share buyers never got a chance to sell many. However, one cannot dispute for an AIM listed UK oiler, Union Jack far exceed the value attributed at present. With potentially £5m in the bank AFTER the Calmar payment, and a likely revenue steam of £5m coming in, the present market cap is pretty low. Slow recovery, but recovery there will be!

When I post (other when replying to your tripe) I contribute a very special thing called content.

Content is something that takes thought and time to create. It provides something for people to read, digest and comment on. Whether agreed with or not, it is an opinion that hopefully creates discussion.

What exactly do you contribute here other than repetitive twaddle? Here's an answer for you, NOTHING. And there's a fact for you!

whinger? Oh dear!

'an insult to decent posters' lol? You haven't contributed a single decent post Mickybe. Just moan, moan, moan day in day out. Two liners of pointless cr*ap! Nothing worth discussing by anyone, which is why you fail to get any sensible responses.

And you challenged me to do your research lol! Yeah, right! Here's a challenge for you- DO YOUR OWN!

Sorry MiserableMicky, with beer so cheap at Spoons It goes to our head and we both get nasty with fools!

Do your own research, I am not here to research for you. You soend all day hear moaning, spend a a bit of that time reading instead!

I suggest you read up on the 'restrictions' Mickybe, you may be pleasantly surprised by what you discover. It may even be cause for a happy day in your miserable existence.

is 750 bopd when the upgrades are complete and the stabilised free flow rate is established.

I am pretty sure it will be capable of much more, but whether they will want to open the choke fully is another matter.

With 750 barrels, that will require 5 tankers a day, my feeling is the JV partners will be conscious of traffic flow to and from the site initially, possibly ramping it up over time.

Mirasol, the only sellers of size are those that bought into the placing and have been caught out on a fall rather than a rise. This is more obvious by the size of the trades, they are not private shareholders sells. Union Jack are not the operator on any of these assets, they can only invest in what they believe to be good opportunities and hope they come to a positive fruition. As a company, they are now profitable, something to be very proud of as an AIM company and this makes them far more investable long term.

Instead of making negative suggestive posts, why not perhaps earn some credibility and come up with what you think may be in your woodshed?

I mean, it's hardly the oil production at Wressle, the asset that is bringing in approximately $450/500k to Union Jack every month. The asset presently being upgraded to allow the choke that is 50% closed off to be opened and increase the flow to a sugegsted 750-1000 bopd. No, that surely cannot be the 'nasty' lurking in the woodshed.

What else can it be? Surely not West Newton which, although did not flow the oil and gas returned to surface commercially, is quite obviously still on the cards as the planning application is still underway and an appeal likely. Could it possibly be Biscathorpe? The asset recently refused planning permission but will almost certainly succeed under appeal. Definitely not Keddington, that has flowed oil for 30 years without a blip so unlikely. Nope, I think there's only one thing nasty in your woodshed, can you guess?

If you took a holiday, this BB would just have a load of deramping, miserable hydrocarbon protestors deramping to each other lol! Any positive post is just jumped on and trashed. No positive posts and there would be nothing to trash. It would just be Miserable Mickybe having his daily whinge! !

Please get help Micky!

You waste your energy Reaction, this BB is overwhelmed with tree huggers, agenda driven posters and miserable farts. Better to let them get on with it, they can wallow in their own mess.

Crocqman, the issue with that is every positive poster on here is a shareholder. Every negative poster is either an activist, a bitter ex-shareholder or part of the agenda that includes the likes of Tom Winnifrith and the like. There's very few true shareholders in any stock that would spend every day trashing their own investment, which most on here seem to be doing. I do think Miserable Micky may be a shareholder, but he just enjoys spreading his form of joy lol.

You wouldn't know a fact if it ran up to you in the street shouting 'I'm a fact' and holding a placard confirming it!