Trend Trader

[Trend Trader @trendtraderfx]

#UJO
Net profit down to £859k from £3.6m last year. Ouch.

[Trend Trader @trendtraderfx]

@MikeWarrington7 #ujo
Why would it rise? Are profits greater than expected? Rampers constantly talking about 1200 bpd from wressle with gas turbines yet DB says today that it’s producing “well over 500”. Regarding WN he helpfully reminds that “Permeability was ruined because of water” Why buy?

[Trend Trader @trendtraderfx]

@Blues20211 @DeanRoc06408296 #UJO know the capex needed next year for WN, Wressle and biscathorpe (if planning success) which is why despite the constant rns on cash position there has only been a gesture of a share buyback of just £125k.

[Trend Trader @trendtraderfx]

@WealdOilers @UnionJackOilplc @Heid_oil Regarding SP, perhaps #ujo should have written “we’d like it to be higher but given our own research shows a significant drops in wressle production next year, we understand completely”

[Trend Trader @trendtraderfx]

@MikeWarrington7 @jimmy_1975 @VAS6323 “Many end up raping our women “ You’ve hit a new low there Racist Mike. Bet your grandchildren are really proud of you.

[Trend Trader @trendtraderfx]

@lucaduca1616 Oh dear 🤡so it was just all talk and no trousers , eh? Perhaps you’ve taken up racing pigeons or keeping ferrets to go with the greyhounds and you have no time for me. Anyway, sure I’ll hear from you soon as you can’t seem to stop yourself from chatting to me 💋

[Trend Trader @trendtraderfx]

@lucaduca1616 Hey 🤡, good to hear from you again. Still waiting for you to “come and get me” as you promised. Still not spotted a 🤡walking his greyhound outside my house yet though. A bientot!

[Trend Trader @trendtraderfx]

@sjwright1957 How about “dilluded?”
#ujo

[Trend Trader @trendtraderfx]

@MikeWarrington7 Even if I was it would be much better than being a racist.

[Trend Trader @trendtraderfx]

Prev suggested when #ujo sp was 38p and clearly destined to fall that I’d look for a trade at 27-30 but judging from the sustained selling, think I’d be mad to. Will wait until sub 20. If it doesn’t get there, then nothing lost. Weekly chart just looks so bearish.

[Trend Trader @trendtraderfx]

Might have think about a trade on #ujo in that 27-30 zone

[Trend Trader @trendtraderfx]

Shouldn’t be surprised with the announcement of no gas to grid at Wressle without new drilling. #UJO’s GC report clearly shows penistone (green on graph) not until 2024. Explains why the ujo report expects the drop to 500 bpd next year.

[Trend Trader @trendtraderfx]

#UJO So no gas to grid from Wressle without first a CPR, planning, new drill. Just goes on and on.

[Trend Trader @trendtraderfx]

#UJO Enough gas from Wressle by year end to replace a diesel generator! Virtually guarantees £1 by Christmas!

[Trend Trader @trendtraderfx]

@MikeWarrington7 Just wait for the #ujo sell off after dividend day

[Trend Trader @trendtraderfx]

#COP27: Rishi Sunak urges world to move faster on renewable energy

Be interesting to see how this changes chances of Biscathorpe win for #ujo.

“he will say Russia's invasion of Ukraine "reinforced" the importance of ending dependence on fossil fuels.” https://t.co/8dr69BcTO4

[Trend Trader @trendtraderfx]

@andrew_neal7 Are you not expecting a profit taking sell off on #ujo on the day after the divi? Highly likely.

[Trend Trader @trendtraderfx]

@andrew_neal7 Don’t worry, I believe it’s going to be £1 by Christmas

[Trend Trader @trendtraderfx]

@aimrns #ujo 200,000 shares. Did they miss a zero off? That’s £62k!
What a spoof!

[Trend Trader @trendtraderfx]

5. and it’s back to uncertainty. It’s all very well for #ujo to say they don’t intend to frack anyway but with the moratorium back in place could cause real problems at WN. 86% geo chance of success is all very well but can they get it out of the ground?

[Trend Trader @trendtraderfx]

#UJO Lots of people stating categorically that WN will not be fracked and that it is just multiple proppant squeezes which are allowed under the moratorium. The problem is the quantities used. Proppant squeeze is fracking but as to whether it’s allowed under the moratorium… 🧵

[Trend Trader @trendtraderfx]

4. whole drill is hit then it’s game over with the moratorium back in play. That’s why of course #ujo were delighted when the moratorium was scrapped and why they rushed to rns it. It gave them a safety net that they wouldn’t hit an upper limit. That’s all out of the window…🧵