Union Jack Oil Share Discussion Threads

[bomfin] 01/10/2020 13:47

There is another way of seeing this. I won`t spoil your fun although I can`t see anywhere that oil was flowed from West Newton 2 ?

[bionicdog] 01/10/2020 13:25

Here come the trades , it's not even Friday.

[maxwell] 01/10/2020 11:06

Buyers making the most of easy pricing, if only a few more shillings available.
Plus older info not made know!!!!

[currypasty] 01/10/2020 10:42

OIl firm over 40$, shell price unchanged
All oil and gas will be doing cost cutting and scaling back projects.. ultimately push prices back up

Online prices have been moving up steadily all morning. 1 MM ticked up.

[markfrankie] 30/9/2020 22:35

Posts: 3,047

Price: 0.16

No Opinion

ShellToday 09:16

I think the Shell announcement will cause a few jitters in oil prices today, but in a declining market where cost cutting is severe then onshore companies located where their markets are, will be in the best position

[guesswhosback2] 30/9/2020 18:36

Well we all knew this day would come a lot to play for even with dilution. If everything works out I'm putting my hopes at 0.8 for a sale price. The rest will be Wresell and Biscathorpe. We have to let the ramp machine remind us of what we are drilling for.

[swerves1] 30/9/2020 17:03

Curry...I wouldn't be selling now either. Looks like all ready to go now with the drill...so am expecting some news on this in next few days...

[currypasty] 30/9/2020 15:50

certainly not, bionic... id even go so far as to suggest, based on the drone footage by roofershound I posted, an update could be due tomorrow, or Friday!


Some people may be selling, reducing their holding based on the fact that the actual drill could take six weeks. However, ive seen many Companies drill wells, and report comments like 'gas shows' on the way down, which has whipped punters up to a frenzy..

[bionicdog] 30/9/2020 15:40

Drilling about to start. Would you want to be out over the weekend Curry?

[currypasty] 30/9/2020 15:23

and one from reabold








several days ago though

[rookie666] 30/9/2020 13:48

Yep share consolidations often lead to erosion of shareholder value (typically 25%). I think AP of VAST made a comment about that....lets hope for a share price uplift from where we re now before one is done. After all, they've got plenty in the bank for the time being....

[likeawalrus] 30/9/2020 10:04

spread seems quite tight for a change, trades showing in .1591 to .1605

PS I'm glad they clarified the number of shares, I'm getting very close to the 3%, only 590 million to go :)

[maxwell] 30/9/2020 08:51

All waiting as very slowwwww........ & getting slowerrrrr

[bionicdog] 30/9/2020 08:47

Hear hear.

[currypasty] 30/9/2020 08:46

32, in the main, a share consolidation usually has a negative effect, a 100:1 consolidation should move from 0.155+0.165, to 15.5-16.5, but you are quite likely to find its more like 14-15

The important thing is to actually add value to the company, rather than growing by dilution.

[32campomar] 30/9/2020 08:38

It really needs addressing, there's a bit of a credibility issue of having 20 billion shares in issue at a fraction of a penny. Why don't they do a 1 for 10 consolidation, so 2 billion shares at 1.6p? I'm a holder btw!

[currypasty] 30/9/2020 08:34

looks like it, but you seem to get more red than me lol

[guesswhosback2] 30/9/2020 08:30

Does someone systematically mark every post as a negative? 😆

[currypasty] 30/9/2020 08:00

Lets hope it was worth it.. You have to bear in mind any 'opportunity' has to be significantly better than half price to have added any value

[guesswhosback2] 30/9/2020 07:30

I genuinely think that an opportunity will present itself if it hasn't already.

[ccr1958] 30/9/2020 07:28

No wonder share price doesn’t move up