Member Info for ocelot

Decisions on large projects will be taken nationally, rather than locally (from Rachel Reeves's speech)

"Bonanza grades historically ran from tens to hundreds of ounces of gold per tonne" (p9 of the corporate presentation of Q1 2022):

https://www.albamineralresources.com/wp-content/uploads/2022/02/Alba-Presentation-2022.pdf

Figure 2 shows that Alba is now above its 2 proposed raises at level 4 and close to being below them at level 5:

https://www.londonstockexchange.com/news-article/ALBA/operational-update-clogau-and-other/16537022

Https://www.dailymail.co.uk/money/markets/article-13605047/CBI-urges-PM-Keir-Starmer-rethink-chilling-North-Sea-tax-raid.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Alba is currently showing as the top share forum but, disappointingly, it just seems to be a question of a protracted meltdown.

"The Eagle has Landed (on No.5 Level)".

Many thanks for your post, FollowTheVein, and congratulations to all at Alba!

Just checked his account via Members Home and he hasn't posted since 20/03.

Cheer up, Lee1978, the election campaign is over!

Tirupati's RNS speaks of possibilities, nothing has yet been concluded.

But, amongst other possibilities, it mentions:

"Project finance of up to £80 million from Development Financial Institutions and other relevant funding institutions ...";

"(the company and its advisers) Are at the due diligence stage with a Middle East Sovereign Fund keen on investments in battery minerals";

so it provides some pointers towards GROC's future financial development:

https://www.londonstockexchange.com/news-article/TGR/financial-advisers-and-financing-arrangements/16551854

As an ex-China producer of Graphite, not reliant on Chinese investment or technologies, the Company has seen growing interest from Governments and strategic investors who recognise TG's unique position as the only listed ex-China junior flake graphite development company to bring new projects to commercial production in the past five years. Furthermore, these strategic investors, who acknowledge the supply deficit of flake graphite forecast by sector specialists and global investment banks, have recognised the Company's ability to generate positive operating margins continuously since the inception of its first production in 2020 - a fact the Company believes is unique within the sector ...

By the end of this year, believes the new compressor should lift production into the 7.5-8.0 level.

David Mirzai speaks of the outlook from 04:56.

Re Saltfleetby, in broad figures, current production is about 7-7.5 mmscfd with the potential to raise it to 9-10 mmscfd with additions to the well stock (in 25, 26).

By the end of this year, believes the new compressor should lift production into the 7,500-8,000 level.

Late-reported traded of 65m from this afternoon and of 100m from yesterday (click on "UKOG share price" at the top of this page for details).

Don't listen to what they say when they get things wrong.

Only listen to what they say when they get things right.

Many thanks, FlagStaff TV and David Mirzai.

To complete the correction of my original skimmed reading of the RNS:

it is more bullish than I had understood, given "Aleph directors and partners (have been) increasing their personal holdings in Angus ...".

"The £300k required to pay-off the loan ..."

Deltavegatheta, the outstanding balance of the loan stood at £0.21m according to the RNS of 21/06.

The Board understands that this is due to intercompany transfers by Aleph Commodities Ltd and Aleph Fin C Ltd, with Aleph directors and partners increasing their personal holdings in Angus, resulting in a holding by Aleph Commodities Ltd of 6.18% and a holding in Aleph Fin C Ltd of

Whoops!

Many thanks, Stockraiser, I went straight to the details without reading the introductory lines.

My mistake, for which I apologise.

It's a total of about 161m shares which has been disposed of across the 2 units, about 3.6% of issued capital.