West Newton13 Oct 2021 10:35
is only one asset in the UJO portfolio, it's not a 'duster' as some are trying to suggest. It is a discovery. Just as Wressle was a discovery, and Keddington and Fiskerton etc, it will take some getting out but it's there. Union Jack only have 16.66% of the costs, even if it never flowed, it is hardly breaking the bank. Focus right now for me is Wressle, Keddington and Biscathorpe in that order. People need to realise, this is an AIM explorer, there is and has been success, there will be failure, but that is the oil and gas game we are in. Wressle alone has been valued at 40p, as things stand, the revenues from that in clean up are substantial and once stabilised, have ensured the future profitability, something very rare on AIM. I hope the board make the decision now to move onto Keddington, bring even more cash revenues in then look at Biscathorpe. There is a great future here and being profitable is a massive step forward imo.