Member Info for ocelot

Just the one institutional subscriber, should give rise to a TR-1.

Zak Mir considers the chart to be improving - looking for the price to rise to 0.041p.

Rationale for the Proposed Transaction

Completion of this transformational transaction would represent a major strategic development for Angus Energy, with a significant increase in reserves, production and positive cash flow. The transaction diversifies Angus away from the challenging UK energy sector into assets in a highly supportive oil and gas jurisdiction, with stable and reliable production and low decline. (RNS of 19/05)

Https://www.trafigura.com/finance/

Https://drillordrop.com/2025/05/27/angus-works-with-lender-on-takeover/

Except that 10g per ton is equivalent to 85g per ton, if we take account of the premium achieved in selling the 3 one oz gold coins.

Yes, the £100m market cap target does provide an indication of the company's ambitions - still some way to go!

Q&A answer re this morning's RNS:

... The rare earth grades at Finnsbo are really strong and grade is key to any economic plan to develop a mineral deposit. Next steps are going to be to show that the scale exists for the project to become a mine. The current indications are that the mineralisation starts at or near surface and this should help a lot with that work. We have secured terms at Finnsbo which allow us to earn an interest in stages by spending a modest amount of money on exploration. If the project continues to develop as we hope it will, we will continue to earn in on an incremental basis. The ground geophysics we have just announced are a promising start to that work ...

GROC at 9am, Alba at 10am.

PS: wonder why the carried forward tax losses declined by £12.7m in 23/24 - where did they make the taxable profits to absorb those losses?

The Group has incurred indefinitely available tax losses of £166.4m (2023: £179.1m), which includes tax loss

incurred on the acquisition of Saltfleetby Energy Limited, to carry forward against future taxable income of

the subsidiaries in which the losses arose and they cannot be used to offset taxable profits elsewhere in the

Group. (from Note 9 to the 23/24 annual report)

On Tuesday at 10am.

The most recent answer on the hub (19/05, 02:54PM) spoke of "looking forward to providing more details of the next phase of underground work at Clogau in the next few days ...".

Not only do we have Greenland as a target for US geopolitical ambitions, but we now have Chinese graphite as the potential target of very substantial US tariffs.

Not only do we have Greenland as a target for US geopolitical ambitions, but we now have Chinese graphite as the potential target of very substantial US tariffs.

Https://www.globenewswire.com/news-release/2025/05/21/3086230/0/en/U-S-Department-of-Commerce-to-Place-Up-to-721-Tariffs-on-Chinese-Graphite.html

Https://www.globenewswire.com/news-release/2025/05/21/3086230/0/en/U-S-Department-of-Commerce-to-Place-Up-to-721-Tariffs-on-Chinese-Graphite.html

See that another Greenland play, Amaroq, was up 19.7% today ... on no news in particular.

Unusually, Sarah Jones appears to have 2 ministerial roles:

Minister of State at the Department for Energy Security and Net Zero, and the Department for Business and Trade.

Re another suspended stock, PPP:

see in their RNS of this morning that the £20m share subscription facility with GEM has been reinstated and extended through June 2028.