Member Info for ocelot

Aleph Commodities reduced to 6.18% from 8.11%

Aleph Fin C Ltd reduced to below 3% from 3.49%

Thresholds crossed for both on 02/07.

Hedged volume declines from 1.5m to 1.25m therms from 30/06, boosting their revenue.

No idea what is going on but it makes for a very pleasant change.

SS always keeps his cards very close to his chest so it is highly unlikely anything is being leaked from the company itself.

An hour after the drop in the share price, the explanation has just been reported, a sell of 10m at 10:31 at 0.301p.

It was very good. And on the seventh day ...

If GROC's market cap rises by, say £1m, then that is a gain of £347,200 for Alba.

Alba's current price is 0.055p, its market cap is £4.58m.

So a gain of £347,200 would, in theory, add 7.6% to the market cap and to the share price. which would become 0.59p.

Should GROC's share price rise by, say, £5m, then it becomes more interesting!

Alba owns 34.72% of GROC. Should GROC's share price rise, 34.72% of the market cap gain is Alba's.

Claire Coutinho, the energy secretary, is said to have not only backed the scheme but also altered the Government’s hydrogen storage business policy to ensure it can secure taxpayer subsidies.

The article comes from the Telegraph of 30/06.

Lee1978,

The problem is, unless GROC information is posted on this board, one can't be sure Alba posters have seen it.

Energy was lse's top performing sector of the day and the 4th best performing stock in that sector was ... UKOG.

GreenRoc Mining Plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, announces that at the Company's Annual General Meeting ("AGM") which was held today at 11.30 a.m., all resolutions were duly passed. These included a resolution to change the Company's name to GreenRoc Strategic Materials Plc, which will become effective once the relevant filing has been registered by Companies House.

Wonder if, at some stage, the market may not recognise SS's dogged perseverance in the face of adversity.

Portland and Yorkshire

UKEn continues to pursue sources of finance for its hydrogen storage projects, as well as being in discussions with further potential hydrogen storage customers within Southern England and in the North East around UKEn's new Yorkshire project concept.

HH

Technical planning work continued for the drilling of HH-3, in an optimum location up-dip of HH-1 and HH-2z. This is expected to be a low cost well utilising existing UKOG stock equipment (e.g. wellhead, casing, etc). Economic evaluation indicates HH-3 is a strong infill well project opportunity.

Resan

UKOG and AME are now jointly assessing future prospectivity within the Resan Licence.

A technical review and remapping of PEDL246 was carried out. As a result, it was determined that the exploration prospectivity is limited and the licence has been relinquished effective 30 June. This results in a saving of the annual licence fees payable to the North Sea Transition Authority ("NSTA").

Https://www.kitco.com/news/article/2024-06-27/3000-gold-2025-not-crazy-miners-have-significant-upside-over-next-12-months

For the present, Brockham continues to perform well, in its modest way:

"After a period of flow to clean-up the well, it (Brockham) is back online producing c. 120 bbls/day of total fluid, of which 40% is currently oil".

And Lidsey is mentioned, too:

"The Lidsey Field has been shut in during the period, waiting on the resumption of Brockham production in order to evaluate options for combined operations".

The loan payable is shown at 31/03 as £18.75m and not £20m, note 10 explains why: the first year's scheduled repayment of £1.25m has been made.

Keep and stay safe, guys!

A lot of activity on site at the Clogau Gold Mine as we roll-out pre-blasting access and safety work and pump the water out down to No.5 Level, which is where we will be blasting and bulk sampling from.

Some of this work is not for the fainthearted...