Member Info for ocelot

At Rough, having paused gas storage operations in 2025 owing

to uneconomic seasonal gas price spreads, we await the

conclusion of the UK Government’s consultation on the future

security of gas supply, which was published in November 2025

and closed on 18 February 2026. The consultation seeks to

directly address the future role of gas storage, the resilience of

supply infrastructure, and the commercial models needed to

support assets such as Rough. A decision from the Government

is expected in the first half of 2026.

Aren't you taking your own talk of total default a bit too literally.

Ocelot, it matters not a fekin jot, the debt HAS interest payments that this shower of sheite has to pay quarterly, and so far due to total DEFAULT, they ain't paid a penny

Bubblepoint,

Don't understand, why do you think they haven't paid a penny of interest.

Kindly note, what they have said is that they haven't repaid any of the capital.

It is residential mortgage payments which can contain both capital and interest elements, this is a commercial debt facility.

Interest payments are not to be confused with capital repayments.

Haaaaa haaaa yeah yeah,,, I am SURE Trafi will not be considering the missed interest, it is not a free loan lol,,,

What misssed interest is that, Bubblepoint.

Yes, why GBP 29.7m to Trafigura. It's the capital repayments ANGS have failed to make, not the interest payments.

Amos also elaborated on BMO’s bull case for gold, which sees the yellow metal reaching close to $6,500 by year-end, and then rising to $8,600 per ounce by the end of 2027.

https://www.kitco.com/news/article/2026-02-19/gold-rise-near-6500oz-2026-bull-case-strengthens-silvers-market-balance?utm_source=site_navigation&utm_medium=sidebar_link&utm_campaign=latest_news&utm_term=gold_ab_sidebar_news

It's not what the original RNS said, no, but my comment was based upon yesterday's RNS.

Thank you for your message, elir, note taken.

The Company's shares are expected to remain suspended from trading on AIM pending the conclusion of its financial restructuring.

Alba's market cap; 19.8bn shares at 0.0245p = GBP 4.85m

less 25.34 per cent of GROC's market cap of 10.17m at 3.60p = GBP 2.58m

Hence market cap of North Wales, Motzfeldt, Finnsbo, Horse Hill = GBP 2.27m

Conclusion - grossly undervalued.

Https://www.bbc.co.uk/news/live/c0rj5dwjx2pt

Hydrogen Energy Association, 27/01/26

https://ukhea.co.uk/wp-content/uploads/2026/02/HEA-STOHN-Report_27_01_26.pdf

Https://www.edie.net/delaying-hydrogen-funding-leaves-thousands-of-jobs-at-risk-industry-tells-desnz/#:~:text=Some%2017%2C000%20UK%2Dbased%20jobs%20are,overarching%20strategy%20for%20the%20industry.

There is a reason their share is suspended, they are in positive discussions to restructure their debt.

it will be easier to answer your question, Bubblepoint, when the terms of the restructuring have been announced.

Https://drillordrop.com/2026/02/19/lapsed-balcombe-well-test-angus-energy-to-submit-new-planning-application/

Another good operational result from Saltfleetby for Angus, a rise of c.30% is good and if the early production response is sustained then the benefits will surely follow. With the fact that the company reports that ‘positive discussions with creditors remain ongoing’ and that they are positive about continued progress shareholders should remain upbeat, the alternative has been made clear.

https://www.malcysblog.com/2026/02/oil-price-angus-and-finally/

Note that there was no mention of the proposed acquisition in yesterday's RNS but that it is mentioned in the Nomad's comment.

Alba = 25.34 per cent as of their RNS of 16/02.