Union Jack Oil Share Discussion Threads

[cashandcard] 20/2/2024 09:13

Did I hear that right regarding the royalties;'within two months, we've got back about 15% of our initial outlay'.Now that's really positive to see.Cash

[currypasty] 20/2/2024 09:00

Watch David, and analyse the sub text, as he tells Sarah Lowther how there’s “quite a few nice rabbits to be pulled out of a hat which might surprise.”

[burtond1] 20/2/2024 06:44

Why Union Jack Oil is aiming for the Stars (and stripes!) say @TMSreach ??"...We're in production. We're making profit. We pay dividends and share buybacks. Everything is absolutely good. All I'm interested in is profit..."https://total-market-solutions.com/2024/02/union-jack-oil-plc-feb-2024/

[uggy100] 19/2/2024 19:24

I hold UJO & RBD & have to say that DB's strategy is far superior to the 2 cretins at RBD. I've seen people asking about geo cos compared to commercial cos & & I believe there is a 30-40% differer in the uk, must be a better correlation in the US.

[likeawalrus] 19/2/2024 15:27

50p would be nice

[cashandcard] 19/2/2024 10:20

Markfrankie,Agree. They have done well to diversify away from UKCS and single asset revenue producer (as good as it is). Not to mention the issues with the lacklustre operators of some of those assets.Wressle has given them financial muscle. Whilst they've got that muscle, they need to ensure they build a future where they are not totally reliant on Wressle. I really like the royalties, with no strings tied, that gives them direct revenue exposure to the drill programs of majors in the region. Brilliant piece bit of dealing in my opinion.Cash

[markfrankie] 18/2/2024 18:40

oil import info from a couple of years ago

[likeawalrus] 18/2/2024 15:14

red tape and taxes are an issue but what's the excuse for Keddington?
plus almost 4 months since egdon won the bisc appeal - not a word from anyone?
these project should have detailed project plans yet we are treated like mushrooms...

[currypasty] 18/2/2024 09:55

Share_Talk ™
@Share_Talk
·
27m
Why do some CEOs remain silent as the share price tanks? There’s often reasons you are not party to — and nobody wants to be kept in the dark. On the other hand, some boards are clearly a bit lazy.
via
@share_talk


surely not... anyone think of any examples?

[bionicdog] 17/2/2024 16:51

Seems a bit high from what we were lead to believe.

[currypasty] 17/2/2024 16:37

275 x $82 x 30 $670k a month

[currypasty] 17/2/2024 16:22

40% to us, so 250 is 625, 300 is 750 total...

[bionicdog] 17/2/2024 14:45

250 - 300 bopd net?

[cashandcard] 17/2/2024 12:26

Just reading the Royalties deal again.'The total cash consideration for the Royalties was US$854,070 (£677,235)10% of consideration earned since December 2023'Clearly there will have been high IP on the production unit the royalties are being generated from to earn 10% back swiftly. Even with declines due, it's a very nice little earner. A few more like this will be a safe way to diversify away from Reach JV into non-operated interests in third party production.Cash

[markfrankie] 17/2/2024 11:52

:-)) you've been surpassed

[bionicdog] 17/2/2024 10:37

I thought that was me!

[monet] 17/2/2024 10:13

It doesn't bother me, you came out with a statement(AIM Tiddlers are just a waste of time and money)But that's all you post about!!! That's my point. I guess you're just Victor Meldrew for the BB. LOL

[monet] 16/2/2024 16:53

Double post.

[monet] 16/2/2024 16:53

1347
My point is, all you do is moan, all your posts are very negative and on AIM shares.(which is the reason for my post in the first place) Why don't you talk about Quality, Value or dividend shares who pay over 10% yield. You never know you might make some money. LOL

Have you lost money on all these AIM shares?

These are just a few of your posts
UJO intend to be out just as soon we get a decent spike, if we ever do again.
VAST Oh FFS it's pretty much game over here, another equity wipeout coming
UKOG Next step could be a de-listing.
BOIL AIM lifestyle company unlikely to ever deliver any shareholder value.
Can't be good for you all that negativity.

[1347] 16/2/2024 16:06

And your point is?

[monet] 16/2/2024 15:38

1347 ( AIM Tiddlers are just a waste of time and money) but you only posted on AIM shares on bulletin boards!!