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Lets get something under way and start building a company with some return .
AGM 11 Jan lets have an answer not more bull.
https://www.aol.co.uk/news/why-world-unprepared-covid-variant-102837738.html
picked this up in the news today. Is papered Hemogenyx lets hope there are.
Hi ALL.
The latest on any update is said to be from the 1st of the second quarter 2023 .
Although the share are not on AIM at this time they are still alive, what ever the avenues they are looking at time will have to tell. this information is lifted from company update 9/2022.
There is also some information in the chairman's statement overview. right hand side of page annual reports and financial statements . so we wait, i did say that the rto may be delayed because of market conditions.
You me and i suspect a few other are invested for what were all the right reasons.
I'm not at all happy if this is not the case and we are mugged off.
We are entitled to form an action group to assist the management to come clean.
I don't expect to chase down the people holding the folding.
On the whole the timing of this Rto may well have dodged some market bullets.
The rest of the stock markets have been depressed and even bigger companies are at there lows. so if all is well and the only thing which as caused anxiety is the lack of news on progress which i hope will end at the later part of this month as suggested.
So this was not what a depressed market wanted to hear .the result may well have been read as duster.
Amazing speed to come out with with any precise bod while still in early stage of testing.
If this is the quality of drilling and management team im glad they have only be able to prove how they operate on 4 % of what they have got ?. as a share holder i would like to see the board retire and sell the remainder on or take the offer of the six figure farm in and stay out of the way.
I was under the impression from what has been said by Jay and Bob in pervious presentations that this well is the smaller of the areas where they have 100% interests and considering this well is only approx. 40% completed delivering saleable oil to which they own 100% i would suggest that there is more to come. possibly a lot more
Hi all.
Can i ask how long this cleanup will take to complete or is that an open question if the process has to undergo further work to include another process to get the flow rates right.
Also will the operators stay with it until the end in a continuous operation or can they break for a pause.
Fred Dibner used to say it's going i hope to hear Jay say its flowing. soon but time will tell.
Hope the results are a xmas gift.
Im in for the longer haul here, also my though is this is the smaller resource that we have per say the lower estimated reserve .
These shorters will be thinking come Friday should i say or should i go.
Personally i will still be holding my shares for good reason.
Long and strong.
I wonder with all the work that has gone on here to be nearly producing why some one would risk rather a lot of money on a guess when news was going to change the share price in a steep upwards direction unless they have been feed the information to enable them to.
I would like to see an RNS come out of the bule.
Do i smell oil or a rat.
Hi Thin iceberg.
thanks for that response .so not to long of a job, now they have the correct machine for the job.
Not sure why the market has not responded more positively.
Like all in this tentative market it's a case show me the money honey .
Hi Not an oil man so i would ask for someone who may have an InSite as to now long it may take to clear the sand obstruction as to allow the first oil to start flowing . i know this is a slower process that we would have liked but each stage of testing must have a rough time scale. no one said it was going to be easy as long as takes.
Thanks.
Reading the general Consensus on this board it seems that the gravy train for some has run out of steam .
My investment here has also been run down from around one pence to 0.25 of a pence.
All we hear is the old chestnut jam tomorrow well tomorrow never comes.
They have sold on one project which was at a disappointing price .
Others are just sitting doing nothing, why was the promise of selling undervalued Opportunities on for a profit not been fulfilled considering the price of oil and gas has gone up sharply.
They ask now for me to help them in the way of a vote .
If the road ahead is going to be the same as the rear view mirror not much to offer is there .
I would think that the testing period will produce saleable oil , so tankers will be filled on site and travel to Dorson ? for sale. so presumably this will be the start of a steady revenue stream. Then after which when the flow rate is known to be commercial a pipe line extension will be constructed and connected.
Hi.
At Wressle the well is coked back to the maximum allowance is it 8oo bpd 40% to ujo because of the amount of gas which is allowed to be discarded . This is being addressed and when a Soultion is agreed and paper work agreed then this recovered gas will add to revenue . Then adding to that this will allow more oil per day and also more gas to energy bottom line more revenue . certainly when this is achieved no. crunching the revenue will be above the million per month. i am invested in ujo for a long term investment ups and downs . o well.
I would guess the next million from Wressel will be announced on Monday or Shortley afterwards.
share price reaction in this market won't be anything to wright home about .
CPR on west newton if explained in plain English may help the share price .
The RNS today quoting first gas 2026 is through a small company's vision i suggest this would be in short order if a major was dealing with west newton . if they were we would befit from the buy out price and not the long term gas.
If this comes about i hope negotiations are left to strong and experienced people .
i hope ujo stick around and prove up Biscathorpe which is said to be as big or bigger then west newton.
as a holder i look forward not backwards.