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The two charts from Union Jack's own report which tell you why this is a sell

By Tom Winnifrith | Tuesday 13 September 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Is that Peter Brailey I hear saying "I told you so" as he sneaks off for a celebratoiry fag (again)?  Today, Union Jack Oil (UJO) has published a long promised report by Gaffney Cline on the Wressle field. What is in the RNS talks about reserves and a load of other yak. The damning story is in the report itself and is summarised in the two charts below.

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