85 days ago
Reabold Resources (RBD) may be reluctant to follow takeover panel rules without a kick from me so just in case, a Letter of Intent to reject its offer for Union Jack Oil (UJO), speaking for 4.05% of the equity, has arrived at Winnileaks and is reproduced below, with names redacted. It is dated tomorrow ( a business day) but was sent yesterday.
87 days ago
Yesterday Reabold Resources (RBD) tried to terrify Union Jack Oil (UJO) shareholders into accepting its (crap) all paper offer by warning that if it got 75% acceptances it would delist Union shares leaving those rejecting the offer with untradeable paper. Well I have bad news for Reabold, it needs to fess up.
87 days ago
Thanks to Winnileaks I shall instead publish it in full below!
151 days ago
Paperwork is, as I write, being sorted out to make me a proxy for a shareholder in Union Jack Oil (UJO). Pete “Fagash” Brailey has bought 150 shares. And thus both of us will be pitching up at a posh Bristol hotel at 11 AM on June 26 for the AGM. Does David Bramhill really want this?
282 days ago
There are three NEDS at Union Jack Oil (UJO). John Americanos owns almost 5% of the equity and his drawings at Union Jack are immaterial to his total wealth. He is therefore truly independent.