I know that readers of this website have given so much to Woodlarks over the years. This summer the Rogue Bloggers walk saw us raise enough to ensure that this amazing charity will not go bust despite the lockdown which has been a disaster for it.  Activities are still massively constrained and the Christmas Grotto which brings unbelievable pleasure to 200 severely handicapped or very ill kids each year will have to be a virtual one this year. But it will still cost a few quid…

Union Jack Oil (UJO) has updated investors with news including that it is to provide a £1 million loan facility to Wressle oil field (Union Jack: 40% economic interest) operator Egdon Resources (EDR), which “as well as providing a commercial return on funds will also assist in the development of the Wressle oil field”, and Wressle “workover being completed and initial oil flows anticipated later in January 2021”…

Here are five long reads that have nothing to do with shares. Put the kettle on, find a comfy chair. You have the time, don’t you? 

RockRose Energy (RRE) was one of the real success stories amongst AIM listed oil companies prior to being taken over for nearly £250 million, and now its executive chairman, Andrew Austin, has made a return to AIM with a new venture which listed last week.

Welcome to the Sunday ShareProphets Pub Quiz. Find your own beer, sit in the most comfortable seat, and, under no circumstances, can you Google the answer. Only I can do that. There are no prizes but post your scores in the comments for bouquets and brickbats.

I messed up on the subscription shares for fully listed Golden Prospect (GPM), as discussed here. It looked a great play, the maths made sense but unfortunately the timing of the expiry and the Gold correction caught me out. But it looks as though there is a silver lining and despite large quantities of egg on my face, I firmly believe the full shares are worth a jolly good look right now.

The small villains are the uber-spiv directors of Remote Monitoring Systems (RMS), Trevor Brown and Paul Ryan who get a good slating. I, again, ask questions about the timeline of events. The big villain is Sir Phil Green of Arcadia and I ride to his defence and have a pop at one of his critics Sir Stuart Rose formerly of Marks & Sparks (MKS) Finally we are just £400 short on the Woodlarks appeal. Help us over the line and I promise not to mention the charity again until February. Thanks to those who have donated, if you have not you can donate HERE

AEX Gold (AEXG) has updated we loyal investors that further drilling results mean it is “very encouraged” on the ‘Valley Block’ at Nalunaq, Greenland…

St James House (SJH) on Friday admitted that it won’t be able to get its audited accounts for the year ended 31 January 2020 finalised in November 2020, a mere 10 months after its year end and as such its shares will remain suspended until the accounts are published.  It also stated that its interim accounts for the six months ended 31 July 2020 will also be delayed until the year end accounts are finalised.   

Money for nothing and debt for free

Oh dear, as they say, these tweets did not age well after Fridays planning setback. Let’s hope these UK Oil & Gas (UKOG) ramping chumps did not spend all their “winnings” too early. The shares closed the week at 0.145p, down 32% on the day.

It is not just Warren Buffett who comes up with great pithy comments on what is going wrong economically. The quoted line comes from @deanthespleen on Twitter and nicely sums up the economic brick wall the UK faces.

From the FCA’s spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2019 and thus far in 2020 (by net short position %, those in bold not on the list at the start of 2020) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week…

Hello, Share Chums. If you watch the BBC News every night, as I do, you would think the end of the world is nigh. Story on story about how folks and businesses are reeling from the pandemic. And lots of people are suffering. However, the vast majority are not. For example, all my three children are still working, albeit from home.

Despite “the quarter marked the end of production from the high-grade Arzu South open-pit”, Ariana Resources (AAU) “is pleased to announce its operating results for the quarter ended 30 September 2020 for the Kiziltepe Mine” (Ariana: 50%) – and the shares have responded higher…

Previously writing on electronic invoicing and purchase order transactions network company Tungsten Corp (TUNG), in September with the shares falling back below 40p I concluded the valuation with the company having to attempt “transformation” in a very challenged economic environment meant still avoid / sell. The shares are currently falling below 30p on the back of a “Trading Update”…

The big excitement of sawing wood with Joshua awaits. Ahead of that I discuss UK Oil & Gas (UKOG) where the shares are 66% overvalued, Zoetic (ZOE) which is even more expensive and Tungsten (TUNG), also a massive sell even after today’s share price slide. After 24 hours we have raised 37% or 42% of the amount needed for the Woodlarks Christmas appeal. Thanks to those who have donated. To those who have not, we are within sight of the point where I will shut up on this matter so how about getting my silence with a donation HERE?

I see that, on twitter, the usual assortment of lunatics are frothing about DeepVerge (DVRG) another utterly overvalued piece of junk from the AIM Cesspit. Naturally there is a Covid angle and appropriately enough it is a lavatorial one. It is not just Bulletin Board morons pushing this rubbish but esteemed broker Turner Pope has also stuck its nose into the sewerage system (literally) with a gushing note out today.

Previously writing on remote meetings technology group LoopUp (LOOP), in July with the shares at 177.5p I questioned how sustainable the net cash generation? The shares went on towards 250p, but last closed at 155p and are currently well below 100p on the back of a “Trading Update”…

It appears that Arcadia, owner of TopShop, Burtons and Dorothy Perkins is unable to tap an additional £30 million banking lifeline and so is likely to go into administration next week putting 13,000 jobs at risk. The odds are that most stores will be bought from the administrators so the actual jobs cull, though painful, will not be as painful as some fear. Already the blame game has started but who is really to blame?