Union Jack Oil Share Discussion Threads

[penciles2] 24/9/2020 12:44

Does ofarrel purchase take him above
£10,000 in sterling

[theaviator] 24/9/2020 12:39

Spot on and shots in the darks he does. Said it on Rbd BB several months ago and got it WRONG!Fact is it matters not in short term really. Ultimately oil will go up. I posted a chart I think but will do again.Once WN hype gets going here Ujo will as usual rise and sore like a bird.

[bakedbean] 24/9/2020 12:24

What timescale are u putting on it then, if it does not are coming back on to say I got it wrong ? ... any idiot can have a shot in the dark then if it happens say told u so

[likeawalrus] 24/9/2020 11:44

perhaps you should change your name to oilsell :)

[oilbuy] 24/9/2020 11:40

Sentiment shot.Oil going to head below 30.Remember my words.

[markfrankie] 24/9/2020 11:36

It says £88.5 thousand sold And not 1 buy

[maxwell] 24/9/2020 10:19

Wouldn’t be surprised if a few of the indicated sells are in actual fact buys today as a rather high spread that normally hides actual price...........

[atino] 24/9/2020 00:23

...How Germany 🇩🇪 beat CV-19 😉 (...mwoah 🥰🙌)


(Quote) As furlough winds down, the chancellor is considering a German solution to job woes 😉🙇‍♂️

This isn't widely known but Rishi Sunak's furlough scheme was actually in some ways one of the fruits of Brexit.

Back before COVID-19, the Treasury had a number of options for policies to impose in the event of a catastrophic no-deal Brexit, one of which was to introduce something similar to a German system - the kurzarbeit 🙇‍a94;️

Kurzarbeit 🇩🇪 dates back a century or so but really came of fame during the financial crisis when it helped shore up the German labour market even as many other countries faced massive increases in unemployment.

The principle is that if companies need to cut workers' hours, the state will step in and help supplement their pay - hence the name, which roughly translates as "short-time working".

In the fraught days before Boris Johnson imposed his first lockdown, Treasury officials dusted off the plan, made some adaptations and so the Coronavirus Job Retention Scheme - or furlough to the rest of us - was born.

The UK furlough scheme actually went a fair bit further than kurzarbeit, with the state paying a bigger chunk of people's salaries and insisting they stay at home in exchange (whereas the German scheme was more about topping up the wages of people working fewer hours).

Either way, the furlough was born and the rest is history: 9.6 million jobs supported and 1.2 million businesses helped.

Around three million jobs are reckoned to be supported even now, as the scheme is run down and the generosity of those government payments drops.

[theaviator] 24/9/2020 00:08

Thanks Maxwell. A great read.

[likeawalrus] 23/9/2020 17:40

curry thanks for the link.

last sentence reads as follows:
"We are also generating cash from the Reabold California assets and have access to a fully undrawn £5 million equity drawdown facility."

I still wonder why DB couldn't or wouldn't arrange a loan facility.

[maxwell] 23/9/2020 17:22

Interesting read in respect to WN drilling etc.

[atino] 23/9/2020 17:04

AGM (..vroom vroom 🏎)....room for “potentialR21; (chitty chitty bang bang 🤷🏻‍♂️🚙 )...“Potential, commercial [corporate!] monetisation” (...creme de la creme) 💭💭🤦‍♂;️

[currypasty] 23/9/2020 16:31

" we expect the project to be extremely attractive to potential industry buyers given its economic potential and its location "

[bionicdog] 23/9/2020 15:12

Just think of the selling pressure at 10% above the placing price , then 20%. This is going to need a LOT of news.

[markfrankie] 23/9/2020 15:05

I thought my 0.18p was a good buy ! Steal at this price.

[markfrankie] 23/9/2020 15:04

Nice one maxwell

[maxwell] 23/9/2020 14:55

Why lower when £7mil raised at 0.16p as then a loss - maybe a few sellers about as not willing to wait. I have just added at 0.1595p (5mil) hence did not have any at placing but like to keep my %age & share price hanging around waiting..........

[swerves1] 23/9/2020 14:48

When the placing stock is cleared, expect to see a big jump....

[stockhunters] 23/9/2020 14:22

stock at 0.16p

[markfrankie] 23/9/2020 14:07

£200'000 sold so far today and ~£40'000 bought
Loads sold yesterday.

[markfrankie] 23/9/2020 14:03

Yep could be right curry. But what?

[currypasty] 23/9/2020 12:55

odd there isn't a flurry of PR and interviews... something else going on ?

[theaviator] 23/9/2020 11:46

Is any aim share sensible Jagz in a world of broker corruption and lack of regulation?! Let's see... Hope you're well.