Union Jack Oil Share Discussion Threads

[currypasty] 17/3/2021 08:45

bionic, indeed!
It was interesting to hear DB seem very confident in potential for 1000 bopd, but we are constrained to 500 by the planning. It sounded like we had to demonstrate we could operate the site responsibly without issue, and then apply for permission for the increase. I wonder if there will be further talk of a pipeline instead of tankers?

[sm22] 17/3/2021 08:44

I've told you, you have no credibility anywhere. WETWIPE

[markfrankie] 17/3/2021 07:46

He's going to be pulling something out of his magic hat again soon

[markfrankie] 17/3/2021 07:44

C'mon David when and whats the next strategic purchase...
Keep it coming you wizard

[atino] 17/3/2021 06:29

...so your suggesting “term based”.

Why do you think this little unknown factor...was left out & not disclosed in the RNS?

To state the number of years or term duration (...is not difficult, especially when Bramhill had disclosed all the other common dominators!)

Instead...I am getting guesses, assumptions & insinuations ! 🥴

[atino] 16/3/2021 22:00

Thank you Maxwell:-) so...


👥 “We are flowing but NOT at the rate we would expect. The proppant squeeze will get us to the next level”



...rule out any acidisation process (eg nitric acid injection) !

[penciles2] 16/3/2021 20:07

It is only £300.00 per week not 300k
Perhaps ex council house may be better

[maxwell] 16/3/2021 18:57

Dropbox meeting Ebdon/Council 3/3/21
:-

Useful read as remarks give an insight to the timescales necessary for procedures to
actually happen..... removes people’s expectations!!!

[pandy999] 16/3/2021 18:34

Most of us are just gambling , if I grabbed hold of the Mrs I'd have to stand her on her head and drop it in .

[sparusty] 16/3/2021 18:33

Maybe they want to buy in on a royalty on my old council house.
50% royalty would bring in about the same amount. LOL

[atino] 16/3/2021 18:11

If anyone can spot it (...then please, by all means, tell me!)...otherwise again:


DAMN THESE “SKETCHY”; RNS’s ! 🤦‍a94;️☹️☹️; And damn Bramhill for not disclosing that particular parameter, when he had disclosed EVERYTHING ELSE about it !!

[atino] 16/3/2021 17:58

Well...is it “term based” Bramhill...or is it “Life Rights” royalities ???


I don’t think that is disclosed in the RNS...😕 or in your video interview ! ☹️

[atino] 16/3/2021 17:56

🙇‍a94;️ There are two types of assets available on the Royalty Exchange marketplace.


Investor collects royalty income for the lifetime of the underlying copyright (Life of the creator PLUS 70 years).

Purchasing a Life of Rights asset gives you the right to collect royalties for the duration of the copyright while you continue to own it. For copyrights created after 1977, that duration is the lifetime of the last living creator plus 70 years.

Because there are fewer opportunities to acquire Life of Rights assets, competition is often fierce. Life of Rights auctions on average attract twice as many bidders and three times as many bids as Term Based auctions.

[pandy999] 16/3/2021 17:54

Better than £300 loss

[penciles2] 16/3/2021 17:33

Every one forgets it’s only £300 per week income
Not even a living wage
Why get so excited

[pandy999] 16/3/2021 17:19

Lord Hason said he could of taken over Hertz car rental, but he also said if it panned out wrong it would of brought down his whole business cos it was to big a speculation, so he didn't. Ujo playing good business I think ! .

[atino] 16/3/2021 17:08

👉🏻IRR rate of 129% !!!!

👉🏻£130k payback just after one year !...


💭💭💭 Then every year...(verbatim & as per David Bramhill video quote)...YIELDING a colossal 25%-29% !!!!


I make that from just £130k alone....an approx net income yield of possibly over £1million - £1.5 million or something & on a rough compounding basis !

🙇‍a94;️ I don’t think that is right neither...what’;s the “life cycle” of the asset in question ??? 💭💭💭💭 How many “years” ?? 🤷🏻‍♂️🤷🏻‍♂️🤷🏻‍♂️

👉🏻 A royalty interest refers to ownership to a percentage of the resource or revenues from a field, without contributing to operational costs.

There has been a long-standing royalties agreement since 1976, which Repsol Sinopec became party to when acquiring Claymore and Piper from Eni in 2013.

Repsol Sinopec has not been involved in this latest transaction...

[sm22] 16/3/2021 16:58

Crusty Kev, knows your game fella...

[sm22] 16/3/2021 16:57

You complete novice at this trading game...

[sm22] 16/3/2021 16:57

You Wetwipe,