Union Jack Oil Share Discussion Threads

[colinbicknell] 30/4/2021 12:32

I'm hoping UJO's share of WN if sold is over £75m. Not sure I want a special dividend, imaging what UJO could do to speed up & advance other areas with that money in a region full f oil and gas

Either way, share price will be well north of 38p by then & probably in next few months

[likeawalrus] 30/4/2021 12:26

I would be very happy with an share price of 150p, that would probably mean a WN windfall of at least £100m, let's hope DB is feeling generous when he considers a special dividend. if the windfall was at that sort of level, I would hope ujo would keep about £20-£30m cash for future projects, perhaps even taking Bisc into production? (not sure if that's feasible though)...just imagine a Union Jack Oil with no more leaked placings :)

[sm22] 30/4/2021 11:55

More Tea Vicar, speak up brown your through...

[colinbicknell] 30/4/2021 11:03

Funny enough I thought of $250m too & eventually I can see UJO get there but that may take time

$150m/150p is achievable this year but shareholders have to.....hold.
Seems to me if no news tomorrow they sell out. Take a position here, hold & relax, you cant miss the boat !

[bionicdog] 30/4/2021 10:36

I've nothing to back it up , but always considered it to be £250 MC.

[colinbicknell] 30/4/2021 10:33

Likewalrus
Good question re mid-tier
Any answer will be countered by being rampy. IMO £150m+ MC sounds like a mid-tier company & yes that equates to approx 150p+ share price Very achievable if the CPR is amazing & either the owners & UJO keep the huge bopd or they sell out to a major - both will rocket the share price - given oil prices & low cost to develop onshore

All IMO

[likeawalrus] 30/4/2021 10:17

the term "mid-tier" has been mentioned a lot, especially by DB, what is the generally accepted definition of mid-tier for an oiler, revenue? profit? mcap? thx.

[colinbicknell] 30/4/2021 10:07

JerryMouse

Excuse the foul mouthed Lord_Nelson....head and dik spring to mind !

You are in at an exciting time with UJO, some say the next 3 months will be transformational (not a ramp)
All eyes clearly on West Newton, they already know whats there but need to do the 2x EWTs and complete a new & improved CPR to make it official for any suiters interested in buying everyone out
Make no mistake, UJO will be a mid-tier company & I suspect itll be this year
Then add all the other areas that UJO have a finger in & UJO will soon be generating multi million £ revenues

No point guessing future SP, just get shot down but I suspect its quite a bit further north of 38p GL to real shareholders

[markfrankie] 29/4/2021 19:19

welcome back jerrymouse, i think your back at the right time too,

[jerrymouse] 29/4/2021 18:42

Took a new position today, been a while ujo but feels good to be back in

[bionicdog] 29/4/2021 16:15

There you go.

[currypasty] 29/4/2021 16:10

don't worry ragnaar, no one reads my posts.. im the invisible poster

once in a blue moon I get the odd tick up or down, other than that nothing, don't know why I bother

[ragnarr] 29/4/2021 15:57

Apologies - didn't see curry's post

[bionicdog] 29/4/2021 15:55

What again? That's twice today already.

[ragnarr] 29/4/2021 15:30

Goldman Sachs forecasts the biggest jump in oil demand everhttps://www.cnbc.com/2021/04/28/goldman-forecasts-the-biggest-jump-in-oil-demand-ever.html?__source=sharebar%7Ctwitter&par=sharebar

[lazarus2010] 29/4/2021 09:59

has anybody thought that the tankers are actually delivering oil to be put into the well ready for the EWT? ;-0)

[maxwell] 29/4/2021 09:56

Seems like a no day?... at least sunny out..

[currypasty] 29/4/2021 07:31

"Goldman Sachs forecasts the biggest jump in oil demand ever"

[currypasty] 28/4/2021 15:35

tankers out Monday and this morning so far, still no confirmation what big crane for

[currypasty] 28/4/2021 14:12

its a parallel universe

[bionicdog] 28/4/2021 12:17

The rise to $80 was delayed by two years , just like Wressle.

[grannyboy] 28/4/2021 12:13

That article is is from 2018, CP..

[currypasty] 28/4/2021 11:59

Goldman Sachs Still Says Brent Crude Oil Will Hit $80 By Year's End


edit wrong link, sorry, correct link below