Member Info for ocelot

In fact, there was a total of 24.0m dealt around that time across 5 trades.

The first trade was for 500k at 0.2913p at 15:26:37 and the second for 3.5m at 0.2913p at 15:28:26p.

The price then rose to 0.30p for the following 3 trades of 4m, 6m and 10m.

Done at the mid-price so for each to judge as best they can.

Personally, believe they were buys.

That late reported trade means a total of 20m were dealt within about 5 minutes around 15:30-ish.

Is ANGS being carefully accumulated?

10m trade at 0.30p at 15:34:13 reported an hour later, to take the day's volume up to 27.3m.

At long last!

Anticipation of the Budget seems to have been influencing decisions and their absence, so it will be a relief to have it in the past.

Https://www.kitco.com/charts/gold

The last time the share price was in the 05s was on 17/07, the day before the last placing and retail offer, when it closed at 0.055p.

"Targeting near-term gold production"

The price level I would like to see the share break is 0.065p, the price of the placing of 28/03.

RNS 20/06/2024 - Stephen Sanderson UKOG's Chief Executive commented;

"The Court's rather perplexing retrospective ruling, which is counter to all prior judgements, further underscores why the Company's focus over the past few years has shifted away from oil and gas and firmly towards creating and delivering strategic underground hydrogen storage, an essential element of the UK's future low carbon energy system."

Acknowledgements to PWhite on a rival site.

PS: not easy to read trades when a buy of 42.9m+ is reported about 2 hours after it was executed.

Think the market has come to see UKOG as a play on hydrogen storage and the new government's net zero ambitions.

The price is correct, the mid price IS 0.05p. But the change on the day, above, is wrong, it should be showing +0.005p.

"In related news, we have been working hard also on our plans for the commercialisation of gold produced from Clogau ...

Confidence in the success of their endeavour!

Mullins,

Think they have been confident for a good, long time.

It may be a limited run but it will still be their first revenue from the mine!

GROC: at 1.70p market cap of £3.31m

Alba's 34.72% = £1.15m

Alba's market cap at 0.045p = £4.38m

So Clogau and Dolgellau gold belt valued by the market at (£4.38m - £1.15m =) £3.23m

Some points SB made:

from 02:50: Amitsoq is "the richest deposit under development worldwide today, of natural flake graphite";

from 18:48: submitted 2 applications (extraction; processing) for treatment as "strategic projects" under the CRMA. "I'm happy to announce both projects have passed the completion review" (before being assessed further);

from 22:48: invited to speak by the MSP during raw material week in Brussels in December;

China has increased its domination of production and processing during the last year;

from 27:51: looking for the opportunity to present the company in Germany, given the importance of its car industry. GROC has a "kind of mirror listing" in Frankfurt;

from 28:40: "We don't really need any more resource", the existing resource is such that they can extend the life of the mine &/or seek to accelerate the rate of extraction;

from 31:08: however, they want to show they have more than Amitsoq.

"We have a range of other indications ... that suggest we have several other deposits. They could easily be of the size (of), or even larger than, Amitsoq". "Indications they run grades that are also similar".

JV? "We are speaking to car manufacturers, battery producers, potential financial partners and also technical partners". Sounded pretty confident of achieving a satisfactory outcome.

Some points SB made:

from 02:50: Amitsoq is "the richest deposit under development worldwide today, of natural flake graphite";

from 18:48: submitted 2 applications (extraction; processing) for treatment as "strategic projects" under the CRMA. "I'm happy to announce both projects have passed the completion review" (before being assessed further);

from 22:48: invited to speak by the MSP during raw material week in Brussels in December;

China has increased its domination of production and processing during the last year;

from 27:51: looking for the opportunity to present the company in Germany, given the importance of its car industry. GROC has a "kind of mirror listing" in Frankfurt;

from 28:40: "We don't really need any more resource", the existing resource is such that they can extend the life of the mine &/or seek to accelerate the rate of extraction;

from 31:08: however, they want to show they have more than Amitsoq.

"We have a range of other indications ... that suggest we have several other deposits. They could easily be of the size (of), or even larger than, Amitsoq". "Indications they run grades that are also similar".

JV? "We are speaking to car manufacturers, battery producers, potential financial partners and also technical partners". Sounded pretty confident of achieving a satisfactory outcome.

The dip should not be taken at face value, it is only because the share price rose on the uncrossing trade during last Friday's closing auction.

On 2 occasions, SB suggests (or hints) they might eventually establish a 2nd processing facility, in the USA.