Member Info for ocelot

Yes, thank you Bubblepoint for your insights.

Market cap: £3.64m

GROC: 44.8% (£1.63m, ie 28.14% of £5.81m)

Clogau and the Dolgellau gold belt: 55.2% (£2.01m)

For those not around at the time, during the lockdown period the stock multiplied about 13.5 times in a matter of a few months.

Above the highest for the last 12 month so have pulled up the 2-year graph showing a high around the 5.75p level.

About 10am UK time, 11am Brussels time.

Greenland's foreign minister has said it is seeking deeper cooperation with China and potentially a free trade agreement, according to Chinese state news agency Xinhua ...

The comments were made to Xinhua in late March by Vivian Motzfeldt, Greenland's Minister for Independency and Foreign Affairs ...

https://www.newsweek.com/greenland-china-united-states-free-trade-agreement-independence-denmark-security-2059484

"Restoring Broadford Bridge could cost about £1m".

The situation re HH is not clear at all given that UKOG states this on its website: "Expected to resume stable production in 2025" (Assets/Petroleum).

At the time of its suspension, UKOG's market cap was £1.68m.

If, for the sake of simplicity, we limit our focus to the BB liability and the market cap, we can see that the market currently values UKEn at about £2.7m.

This looks to be a very modest valuation where the potential for a re-rate is substantial.

GROC is into the 2s, at 2.10p, + 23.5%

Elir71,

Should those figures be realised, given the potential premium attached to Clogau gold, there will be no more need for regular placings and the share price is freed to re-rate.

Even with limited production -- a few hundred ounces per year -- he (GF) believes the venture will be profitable ...

"A few hundred ounces per year".

Say 400 ounces.

At £2,509.48 = £1m BEFORE any premium.

... "The economics of coming in and finding unworked seams of gold is obviously very attractive," said George Frangeskides, executive chairman of Alba.

"We had an idea that with modern techniques... we could find unworked seams of gold here," he told AFP ...

Even with limited production -- a few hundred ounces per year -- he believes the venture will be profitable ...

A promising extension to the original quartz vein, around 120-metres long, has been identified in the exploration area measuring 107 square kilometres.

World Gold Council market strategist John Reade said it is not the quality of Clogau gold that attracts its premium price but the fact it is a small, "boutique mine" ...

Note: scrolling down, the article also mentions Loxley.

Https://drillordrop.com/2025/04/16/action-over-delays-at-mothballed-oil-site/

It is Alba which has put on 10.5% this morning - this, too, may be a positive sign for GROC.

All governments are His Majesty's.

The Crown Estate is a collection of lands and holdings in the United Kingdom belonging to the British monarch as a corporation sole, making it "the sovereign's public estate", which is neither government property nor part of the monarch's private estate. (wikipedia)

Gold hits fresh record high over trade war fears

https://www.bbc.co.uk/news/articles/cdrg6mnr8vpo

Https://www.france24.com/en/live-news/20250416-long-abandoned-welsh-mine-revived-as-gold-prices-soar

At 0.02p.

Volume: 115m shares.

+ 12.90% at 1.75p, +0.20p

Above $3,300 at $3,311.30

In GBP, £2,493.06