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It's very easy to pass blame, and most do it without even considering they are investing in one of the most risky sectors. Any company such as UJO coming to AIM is likely to remain in the doldrums for many years. Placings, dilution, dusters, all par for the course and when you look into any of the present AIM oilers, most have been party to the above. Only a few ever get to the stage Union Jack is at today. Debt free, substantial cash revenues being generated weekly and a strong cash position. Yes, its taken a time, but whether some here like it or not, the investments DB has made have pretty much all been into good prospects. He cannot be held accountable for planning refusal, it is ludicrous to even suggest it. Wressle, West Newton, Biscsthorpe, all were granted permission to drill. How on earth could anyone predict the outcome we have seen here. Yes you can drill but that's it? No company would drill a well on that basis. Other investments such as Keddington, Fiskerton and Wressle are bringing in revenue. So when you look at it, him doing such things as increasing shares in many in these assets has been a shrewd move. The whole issue here is about the placing leaks. It is an issue that has cost shareholders dearly. As much as I like the company, the assets and the management, I do not try to make light of this issue. All ai can see is that leak 1, well, leaks happen. Leak 2, this needs to be looked into. They did and made it known they knew who was involved but no update was ever given. Leak 3? Well, this is the big one. This is the one that broke the camels back and one can only hope there is something being done about it. I feel sure it will be addressed due to the outcry. It could explain the silence from the company perhaps. All in all, for all of the hurt, the company is profitable and has the revenues to enable certain assets to be brought to production in the near term if they decide to go down the route of realising revenues in preference to buying more assets. There is potential for extremely positive cash flows now from the existing licences. The company is definitley in a better position regardless of the present SP. People now just need to wait it out and slating the management every other post and bit*ching in every other post does nothing to help.

So, you are suggesting the board of directors should work for feck all? If a company fails to make a profit should all the employees work for free lol? Sanderson at UKOG takes treble what DB takes with his bonus. The average GE Oil & Gas executive compensation is $236,742 a year.The median estimated compensation for executives at GE Oil & Gas including base salary and bonus is $239,507, or $115 per hour. At GE Oil & Gas, the most compensated executive makes $700,000, annually. DB is on the lower end of the scale.

Mickybe, explain how this is a lifestyle company. It is easy to make that statement, so how about you show some evidence to explain your view?

are smarting at the obvious conclusion coming from all this, that Wressle is a game changer for all the partners, with Union Jack receiving the lions share of the revenues. Canny move by the 'useless and incompetent' David Bramhill. On target for $6,000,000 annually on a restricted choke? Oh dear, some people simply cannot accept the fact that with a million pounds a year operating costs, Union Jack with this asset alone are now a profitable entity. Bring on the *****tone Flags and Keddington and see what the deramping ars*eholes and protestors are saying when there's $10,000,000 coming in each year.

Persimmon, YOU are the most suspect poster next to RNSTranslator. At least I hold shares in UJO.

as the toe rags on here will only exercise their usual negativity.

DB invested in what was confirmed at the time by the operator, the biggest gas discovery in 50 years. He invested in Biscathirpe, described as the biggest unappraised onshore hydrocarbon discovery in the UK, Wressle, Keddington, North Kelsey and Fiskerton.

Wressle planning was refused, it was successfully appealed and is producing approx 750 bood+. West Newton, planning refused, Biscathorpe planning refused. keddington producing, Fiskerton producing. It's certainly not a bad investing strategy however some may try to spin it. Note the JV partners in these assets are also having the same problems, not just UJO.

Of all the relevant JV partners, UJO is profitable, debt free and will increase revenues from existing assets. Reabold are, in my opinion, now on shaky ground. No revenue, biggest asset refused planning and not flowing, other assets being sold off. Egdon, loads of useless shake licences, in debt to Union Jack for a million and not overly well funded. Only really good asset is Wressle, Keddington and other JV's with Union Jack. So in my opinion, UJO remain the best recovery option and all this bluster and abuse being thrown at DB is miscalculated and unfair. Nobody can hold him responsible for the stupidity of councils, he and Egdon stuffed them last time they did this. The placing leaks? Well, yes, one would have to agree that these were not acceptable and have been costly to the company and shareholders alike. Where the blame lies for the actual leak, my view is that it is from the broker or their contacts. Time may well tell.

is it his fault planning was denied at Wressle initially? West Newton recently of Biscathorpe today?
No, it isn's so pointless deriding the bloke all the time. The only issue in my view is the leaked placing issues. THAT needs addressing. No arguments there.

Micky, my post didnt show so i went back a page and copied and pasted it then rewrote the header. How on earth can you find anything sinister in that lol? You must know the LSE BB seems to lose posts then they appear later. Honestly lol!

dickwa*s, the company is profitable and that ensures the lights do stay on, what a ridiculous comment. It would be really grand if some of you lot just pis*sed off and attacked another stock for a change. Getting really boring reading the anti management, anti asset tripe every day.

They will appeal this, and whilst they are, cash is pouring in from Wressle. CPR next will prove a lot of people wrong imo!

dickwa*s, the company is profitable and that ensures the lights do stay on, what a ridiculous comment. It would be really grand if some of you lot just pis*sed off and attacked another stock for a change. Getting really boring reading the anti management, anti asset tripe every day.

They will appeal this, and whilst they are, cash is pouring in from Wressle. CPR next will prove a lot of people wrong imo!

overturned as was Wressle and half a million is costs now on the cards. Recommended but refused lol. These councillors are more concerned with their £10k+ 'expenses' than upsetting a couple of constituents and nimbies.

Itsawrap, in fairness to anyone on here, whatever one says it gets ripped to pieces. If she answered, here answers would get slated, she doesn't and you have a dig lol. It's a no win situation on here.

Lets start rhe day with a positive outlook on the planning for Biscathorpe today! Recommended for approval by council planners, site already there, well drilled, only a side track to be done. Neighbouring council delayed Wressle, cost them over £400k in costs under appeal. Will this council make the same mistake? They stand to benefit from a community fund, additional employment etc. It's in with a good chance so good luck to Egdon today with their hearing and good luck to UJO in seeing this come to fruition. All genuine shareholders want this, now ai will sit back and watch the non-investors drown this out lol. !

aren't personally responsible for the costs of appeals when they fail to uphold the planning officers recommendations. The whole point of the planning officer is to investigate the why's and wherefore's of the application. The effect on local areas, the community etc and present his recommendation. If councillors are going to bend to the pressure from protestors, many of whom live hundreds of miles away, they are not doing the job they get paid to do.

Justbe, are you replying to yourself without swapping your avatar back lol?

about a granting of permission lol!

What would that do to the SP?

The odds are actually mor in favourof ot being passed.

The site is already there and drilled. Permission granted then. This is a sidetrack. The planning officer has recommended approval. The last council that went against virtually the same application got roasted to the tune of £403,000. The community will benefit from sizeable donations. The area the site is in is almost invisible to passers by from all four sides. If itndoes get refused. It will be only down to re-election fears by a couple of councillors.

if the planning is passed?

I agree with you GP, there are people on here that post to ludicrous degrees, not even invested. The question is why? I like to post, I like to be positive, but as you say, any positivity is immediately pounced upon by a bunch of people, the same people, and the poster is personally abused, ridiculed and his opinion totally trashed. It's very clear to see it being done, and it's totally agenda driven. Why would 'angels' like RNSTranslator, Persimmon, JustBe, Flatearther and the rest be so mindful of us poor shareholders and have such a strong desire ti save us from the perils of investing in Union Jack Oil?

But if you believe this, why invest? Unless you are part of that problem? You are correct, AIM is incredibly under regulated. It is literally a casino. You can read the cards or you can't. If you can, you have a chance, if you can't, you are doomed to lose your money. These bulletin boards are a platform for fraud and are being used by people with an agenda. In the case of UJO, a placing was leaked and since then, there has been a plethora of posters, aided by clueless protestors, who are 24/7 bashing the assets, the company and the management. It's been non stop. Sooner or later, value will beat them down but until then it's open house!

who find another's opinion detrimental to their own. In fairness, Heid is a good poster compared to many on here. She doesn't post every 5 minutes trying to drive other opinions down the page as quickly as possible. There are those on here that will post non-stop drivel in an effort to remove any positivity on this stock. The moment an RNS appears, they focus on ignoring anything good about it and endlessly repeat anything they can find that they can twist. It's quite obvious, anyine can see the agenda of some on here, all they do is attack positivity.