Member Info for ocelot

The government will change its self-imposed debt rules in order to free up billions for infrastructure spending, the chancellor has told the BBC ...

https://www.bbc.co.uk/news/articles/cvg745ggn3no

Aimingtoplease,

All the session's trades are numbered individually.

For some reason, lse's list of trades omits trades numbered 12 -40 inclusive, ie 29 trades in all, hence the difference between 42 trades indicated above and the 13 shown by lse.

These trades were dealt between about 14:39 and 15:05 which is about the same time at which lse failed to update Alba's share price, even allowing for their 15-minute delay (see my post of 15:21).

Missing trades 12 (14:39:01) through 40 (15:05:47) inclusive.

EPP currently up 21.5%.

Lse's price doesn't seem to be functioning. Mid price of 0.045p since 14:54:11.

+12.5%

AIM: 39.5m; Aquis: 10.9m

Aimingtoplease,

Any trade executed on Aquis won't show on AIM, it's a different exchange.

Volume at present: AIM: 31.3m; Aquis: 10m.

5m trade at 0.0421p on AIM (10:26:58) followed by a 10m trade on Aquis at 0.044p (10:28:09).

"Each journey begins with but a single step", as SS says at the end of the video above.

The objective is clear and management is focused on achieving that objective.

Talks with government over about 2 1/2 years and 4 letters of support received this year from major business players (Sumitomo, SGN and RWE) and the Solent Cluster (the idea for which came from Exxon) show that UKOG is part of something bigger.

EPP closed up 18.9%.

11.14bn shares issued. 4.40p per share = market cap of £490m.

Suspect that "analyst consensus target price" dates from another epoch.

On the assumption Portland goes ahead, then UKOG would eventually emerge in the nature of a dividend paying utility with pretty assured revenue streams.

That is, it would eventually emerge more or less at the opposite end of the investment spectrum from its original profile as a high-risk E&P and would appeal to a different kind of investor, more institutional in approach than PI trader.

It may have been on a UT, but that's the best close in exactly 3 months, since 22/07.

Yes. Also 7.5m at 0.29p at 14:11:59, so day's volume showing as 20.2m.

Of 99,800 shares.

But a 1.5m trade at 0.29p also went through just before the UT.

PS: it may be shorter by 600kms than the original proposal, but it is still 9,040kms of network.

Https://renewablesnow.com/news/germany-approves-plan-for-shorter-core-hydrogen-network-871981/

If it is essential to decarbonising Southern England, then it will go ahead, won't it?

How and with which joint venture partner(s)? We shall see.

When? Final Investment Decision is for 26/27, according to SS in the video above.

That's better!

Southern England cannot be ignored, especially when National Grid projects the area to consume 56% of the UK's hydrogen demand by 2040.

Note that in the interim results RNS of 28/06 UKOG stated that "A project cost estimate and financial model have been prepared".

At this stage, the estimate and model will have been built on a number of key assumptions but they will be for prospective joint venture partners to scrutinise.