Member Info for elir71

You saw what i posted prior to funding on fundamental values ?

I think that that has been superseded by later statements. "Hopefully by the end of the year" (2025)

Apologies, thought I was on another board

2,500,000 is the exchange market size so either split your trade into two smaller transactions or use a buy limit order

4.3m shares is a fairly chunky buy, well on the way to TR1 territory. So I would buy using limit orders

@DoBeRetired there shouldnt be any reason you cant buy up to 150,000 shares at a time (Exchange Market Size), really depends on your broker ultimately though. If you are having issues, then try using a buy limit order. It is a fairly illiquid share as most PIs that I know of with sizeable holdings are long term holders / builders

I dont think we'll get exploitation licence until late dec, early jan ... but Im confident we'll get it

Anyone had a reply? Ive heard nothing since expressing an interest

Correction ... warrant exercise, not issue, as, if there's plenty of time left on them then the only motive that i can think of, is to allow the warrant holder to realise the intrinsic value.

"Fear this will drop". The SP has only a consequence at the point ofvtrading. Nevertheless the sp is certainly a point of strong interest. I still have no explanation about why the recent warrant issue occurred, particularly as we'll soon be in the expected window for exploitation licence.

In all fairness, Stefan's laid out a clear roadmap. The main finance risk leading up to DFS completion is that we need another Eur 10m to fund through to that stage. Some EU rules, which I have no knowledge of, are rules Stefan was asking EU to relax for strategic projects. I inferr, the rules cap loans to a multiple of mcap or equity to about 50%:50% (though 55% rings a bell with me for EU Regional selective assistance, in the distant past). Though we dont have an imminent need for the £10m, worst case scenario is a £5m equity raise to enable the loan. Naturally better sentiment softens the impact, and is somewhat a self fulfilling prophecy. So we need to have our sonars monitoring any changes in these rules as they're likely to be the precusor to obtaining a facility for the remaining non dilutive loan finance.

Synthetic graphite's been made from petcoke (my least favourite cargo by far) for many many years

Personally id say its a good time to be holding and adding. ... provided your investment horizon isnt measured in days

Directors and Persons with Management Responsibility options are as follows

Stefan Bernstein 1,000,000

George Frangeskides 1,500,000

Mark Austin 300,000

Lars Brunner 300,000

Mark Rachovides 300,000

The exercise price for all, is 10p

The expiry date for all, is 28 Sept 2026

The second tranche of Gforce warrants expire on the 21st November , they are only just in the money, so whether they'll be exercised is a matter of debate

The 3 Feb 25 warrants are the batch that some of which have been recently exercised.

The 2Jun25 warrants are subject to an accelerator, which means that if the SP maintains 5p for 10 consequtive trading days, then the company may demand their exercise

Not counting the Board and Persons with Management Responsibilitys options (or are they warrants)

I believe this is the current situation

Gforce Capital warrants number outstanding 315,789 number exercised 0 exercise price 3.8p expDate 07/08/25 £0.00 £0.00 EXPIRED

Gforce Capital warrants number outstanding 208,561 number exercised 0 exercise price 2.5p expDate 21/11/25 £208.56 £5,214.03

3Feb25 warrants number outstanding 19,615,387 number exercised 8,653,844 exercise price 2.0p expDate 10/02/27 £117,692.32 £392,307.74

2Jun25 warrants (Accel) number outstanding 9,000,000 number exercised 0 exercise price 3.75p expDate 16/06/27 £0.00 £337,500.00

Drilling seems to be all going to plan in Sweden. There's an update on the Alba Investors Hub

@Ocelot , it would be marvelous for us if HH was allowed back into production. The impairment was to the tune of £2M off our balance sheet and came at a time where a revenue stream had just begun after years of anticipation and investment. That steady income stream would have subsidised the cost of other ongoing exploration and have reduced the need for cap raises at a time when the SP was at a low. However we must bear in mind that HH is not UKOG's top priority at present, and so, as minority shareholders , then we are in a limited position of influence.

Horse Hill has been fully impaired

Coverage, as opposed to newsflow

Whilst I am enthused by the upcoming exploration on all fronts, please bear in mind that the results of that exploration will take some time.

I think it was the transfer of the newly issued shares