Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
maybe expecting nearer to what they are capable of rather than restricted by the on site electricity burn. electrolysis on site is a great idea, but by that time the whole capacity can be added anyway to the local power network in a few months time hopefully
it seems they might respect the profits more if the Wressle site were to use far more electricity so the generators could produce more, allowing for more oil production. Perhaps the site is just too clean and efficient to benefit yet fully from the generators capabilities. Then we'd see over 1000 bopd probably. Any suggestions for what we could ship on site to burn lots of electricity? .. whilst we wait for the big usage to be connected.
and the shorters will make their fortune. like last year in 2 days.
the 10% increased production is clearly currently ( ha ha) limited by the amount of electricity required on site. how about bringing something on site that uses a lot of electricity.. a drill maybe… and electric car maybe
If UJO were buying back, the shorters would only be borrowing them as they appear to have been doing with ever buy for ages, so ujo might as well buy back even cheaper as I guess. where are the ‘sellers’ getting the shares from to short? a speedy cancellation of a couple of million might expose them. If they are prepared to stand on a snooker table on live tv, or blow up under see pipes, they sure are going to be playing every game in the book on the aim. No wonder they constantly post such negativity.. big money involved. meanwhile bring on the dividends, and a mega short closing… they’re making their fortune from our purchases. let’s cancel some and watch them run!