Union Jack Oil Share Discussion Threads

[currypasty] 23/1/2024 16:24

mcap only 20m... Heyco looking for a cheap buy out ?

seems odd ujo execs seem to have disappeared off the face of the earth

[karina] 23/1/2024 16:21

opinions......

[karina] 23/1/2024 15:44

Call me mad, but I am buying at these prices.....

[currypasty] 23/1/2024 15:40

we need a popper development plan with timings for Wressle, and W.N.

how hard can it be ?

[likeawalrus] 23/1/2024 14:19

jet-pump, CPR and $18m rns....yet share price 1p cheaper than before all 3

...and then Bramhill has a brainwave
"I know, I'll farm-out my interviews to SpAngel, that'll do the trick!"

...we need some meaningful news on Kedd and/or WN to get the share price moving, or perhaps Bacon will be the first catalyst

[thetoonarmy2] 23/1/2024 12:44

Bramhill has to go

[currypasty] 22/1/2024 13:44

"replacing Bramhill with "dynamic younger and hungry people" would lead to a splurge of cash on new assets promising the world and may even lead to a placing to top up for existing assets. "


listening to that video sounds like the above is exactly what current dirs are preparing

[1347] 22/1/2024 13:29

Yawn.... Lift foot..., kick can.., do an interview.., call in at Greggs...., Lift foot etc.......

[currypasty] 22/1/2024 13:00

@UnionJackOilplc
an onshore hydrocarbon production, development and exploration company, principally focused in the #UK, invites investors to watch an interview with David Mirzai, Head of Energy Research at
@SPAngelNews
#UJO's Corporate Broker, which covers the Company's latest announcements and its growth potential. via
@share_talk

[bionicdog] 22/1/2024 10:46

Ahem . . . modesty forbids.

[thetoonarmy2] 22/1/2024 10:43

Curry or just get rid of Bramhill and his Bristol based help the aged club must be some dynamic younger and hungry people out there surely, can’t think of many but Bramhill is just not fit for purpose.

[currypasty] 22/1/2024 09:04

the Company seems incapable of turning this round, or even capitalising on Wressle sucess.. time to sell the projects and return cash to shareholders before they fritter the wressle cash away

[talkman2] 22/1/2024 08:50

The excitement of holding this share is palpable .

[likeawalrus] 22/1/2024 08:21

so much focus on a chalk stream that's nowhere near the Bisc pad - a beautiful stream that must be protected but as far as I can see Bisc is not a threat

[bionicdog] 21/1/2024 18:35

Not so happy at Bisc.

[karina] 21/1/2024 18:20

Wressle on Countryfile bbc

[thetoonarmy2] 21/1/2024 18:20

BBC2 programme now on about oil Wressle and Biscathorpe the people at Wressle very favourable about the well

[1347] 19/1/2024 13:08

Or maybe the purchase and sale of those royalties from related parties (not disclosed at the time) where payments couldn't be made as they didn't have a Royalty Manager could be a concern?

[thetoonarmy2] 19/1/2024 10:37

LAW
Re the Auditors question, they are probably looking at how they explain in accounts all the payments to Greggs, is it marketing, entertainment, or just to put it under Fatties business expenses you have to admit it’s appalling the lack of news surely time for Bramhil to go 🙈

[maxwell] 19/1/2024 10:33

To much oil available - might be a price correction

[likeawalrus] 19/1/2024 09:19

this is what Red Rock said about ELEP in their finals last month - a glimmer of hope for our investment?

We also looked forward last year to the listing of Elephant Oil, in which we have a small but longstanding shareholding, on the NASDAQ market in the U.S. It has always been part of our strategy that we retain some of the listed shares we obtain in the process of divestment or sale of assets as a liquidity reserve. In general, the listed assets have been ones we know well and have been involved with for some time. We still expect Elephant Oil to be listed after updating its quarterly results with the SEC early in 2024 at a listing price of between US$4.15 and US$5.15 per share, indicating our holding of 397,874 shares may be valued at US$1.85 million, although subject to a six-month hold period post IPO after which we would be in a position to realise all or part of this holding.

'With respect to Elephant Oil the fair value is based on expected listing in Q1 2024, should this not happen then the value of the asset may need to be written down. The directors current expect the listing to go ahead.'

'Elephant Oil is currently finalizing an IPO on the Nasdaq market. This is expected to complete with an up to US$7m funding. The most recent Elephant Oil pre-IPO funding has valued the price per share to US$2.25 per share. Given the pricing and the pending IPO, the Company believes that it would be prudent to hold this investment at the pre-IPO funding pricing of US$2.25 per share pending the final listing, now expected in early 2024, when the holding can be marked to market.'