Member Info for ocelot

Up 20%.

Volume of 246.8m across AIM and Aquis (8.4m)

3rd biggest volume stock and that last tick up takes Alba into the gainers' board.

25m trade, then 15m trade, both at 0.169p

AIM: 99m

Aquis: 4.4m

Would also like them to acknowledge the Brockham decision and indicate plans for Brockham and Lidsey.

In GBP: £2,399.59

Looks as if the auction started at 5pm.

"Why delay the suspension until the 1st April, when they can ask for a suspension at any time?"

ZYX098,

Because they only wish to suspend trading when necessary.

GROC's market cap is currently £3.09m so a target of £25.2m would add £22.11m to that and a target of £50m, £46.91m.

Alba's stake in GROC is 28.14% so the first target adds £6.2m to Alba's market cap and the second target adds £13.2m.

With 11.54bn shares in issue, the first target translates into an addition of 0.054p to the share price and the second, to an addition of 0.11p to the share price.

Thank you for your posts, NanoCapInvestor.

Across 3 posts this morning on the GROC board, NanoCapInvestor (thank you) has posted some good analysis by Berenberg, the 3rd post of which reads as follows:

"VALUATION

Applying the industry valuation of 14% of NPV for mining companies at Green Roc’s development stage gives a target market cap of £25.2m (10p per share).

However, when you throw in the upcoming, hugely transformative newsflow, then it’s perfectly reasonable to expect a doubling of the target market cap, as a fair valuation of GreenRoc, as funding requirements will be largely resolved.

But a £3m market cap is not only derisory, but is also an outright absurdity, and a clear indication that market has completely overlooked GreenRoc.

So, when the funding dominoes begin to fall, this stock won’t just rerate; it will explode".

Note: it's a write-up from a reputable source, Berenberg., "Germany's oldest private bank".

Agreed, ZYX098, I am arguing in circles because I am repeating myself:

the suspension is because they will not be publishing their annual results by Monday, 31/03;

so Tuesday, 01/04 is the first day when they will not be in compliance with this requirement.

Will now take advantage of the sunshine.

Best wishes

"I didn't mention Mad Ed, so not sure what that has to do with my post".

Not aimed at you, ZYX098: it's the title of the thread which has been mis-spelt.

Because it is only after 31/03 that they will not be in compliance with the annual report publication deadline.

AIM Rules

General disclosure of price sensitive information

11. An AIM company must issue notification without delay of any new developments which

are not public knowledge which, if made public, would be likely to lead to a significant

movement in the price of its AIM securities. By way of example, this may include matters

concerning a change in:

— its financial condition;

— its sphere of activity;

— the performance of its business; or

— its expectation of its performance.

ZYX098,

They have to inform the market when they are in possession of information of a price-sensitive nature.

Note; just the one "l" in Miliband

"That the RNS mentioned only the failure to get the accounts out in time and the substantial drop in share price afterwards gives a big clue as to what is really going to happen - delisting as they can't get the Accountants to state that UKOG are a going concern - because they aren't".

As happens each year, the auditors will qualify the accounts.

Once they were sure the shares would be suspended, they had to inform the market, ZYX098, in order to avoid creating a false market.

The share price was recovering nicely from an earlier decline at the time the RNS was released. What if the share price rally had continued further only for buyers to then be informed of the suspension?

GBP: £2,381.85