Union Jack Oil Share Discussion Threads

[maxwell] 29/8/2019 10:45

Very good buying as 470+ trades & 393mil+ shares so far and peaked at 0.037p
then of course previous holders realised some profit. Not surprised but will
continue to climb over the coming days as the only way to go..............

[currypasty] 29/8/2019 10:40

If the market maker shore cap has a large sell order, why doesn't our broker/nomad place them with an insti?

[matunde24] 29/8/2019 10:38

This should have done much better in todays news

[markfrankie] 29/8/2019 10:30

Too many here can't see the wood for the trees ..
We will eventually get a change of ujo holders

[markfrankie] 29/8/2019 10:12

Good morning

[currypasty] 29/8/2019 10:11

It would appear that the only way to value this correctly is a trade sale... MM's punters and traders are way off the mark, imo

[bionicdog] 29/8/2019 10:09

Mr Daniel Levi (Sinner)

@BrokermanDaniel
·
56m


At least 2 Major oil companies sniffing around #WestNewton Sources #Confirmed 1 in direct communication with #Raithlin

[ileeman] 29/8/2019 09:55

Oil valuation significantly more than gas. NPV north of $1billion conservatively.

UJO $160million NPV = 3-4x current cap.

RBD $300million NPV = 4-5x current cap.

I would say market has not fully understood how big this is for both companies, both companies should be up 50%+ on this mornings news.

[wisteria2] 29/8/2019 09:52

HOLD ...twist.... b1 ......1p upwards

[bakedbean] 29/8/2019 09:51

Re whattheduceExcuse my ignorance but do they just not use pumps to extract the oil , how do u mean "if it does not flow" surely it's stood in a reservoir, waiting to be extracted ie pumped out ?

[shabadi] 29/8/2019 09:47

Wow, that article was written on the 15th and called it bang on.

[dafad] 29/8/2019 09:36

Give credit where its due,seems brokerman wass right,now if he is right about a couple of majors sniffing around as well,then....

[whattheduce] 29/8/2019 08:56

Sorry but I posted just a couple of days ago on GUN and I am still not convinced.

whattheduce
28 Aug '19 - 12:56 - 2804 of 2806 Edit
0 0 0
I have so far avoided UOG, spin is a little too good to be true at the moment.


"-- With the indication of a potentially significant oil column, the Extended Well Test ("EWT") has been temporarily suspended in order to review and revise the well test design to deliver the necessary test information to validate this important onshore resource "

I would have expected that some oil, maybe a dozen tankers, would have been allowed to flow to obtain permeability data. You can have the biggest most saturated oil field on earth, but if it doesn't flow it is worth nothing.

I remain at a distance because no oil was flowed, even for a brief time.

[guesswhosback2] 29/8/2019 08:56

Another 2m for me.

[talkman2] 29/8/2019 08:42

The current share price is a gift

[likeawalrus] 29/8/2019 08:36

it's about time the buy/sell flag issue was sorted, it shouldn't be set based on the mid price, stock exchange info should be reliable in 2019.

[bionicdog] 29/8/2019 08:23

All good , apart from my hangover.

[currypasty] 29/8/2019 08:20

another 6m for me, wait till the MM's have collected a load of cheap shares, then they will push it, imo

[maxwell] 29/8/2019 08:19

Loads of trades all over the place as needs to settle down and stabilise!??

[1985million] 29/8/2019 08:16

As a ujo shareholder I would like to donate a rather large chunk to this amazing cause????????????????????????????????????

[guesswhosback2] 29/8/2019 08:01

That is incredible news. Well done UJO. With Wressel and others this could well be worth £100m Currypasty.

In great shape.