Member Info for ocelot

Https://www.kitco.com/charts/livegold.html

News from Turkey will arrive soon and this SP will skyrocket to dizzy heights.

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I think it's possible the whole market may be heading for a melt-up, as inflation comes down and the prospect of interest rate declines approaches closer.

OK, it was my screen playing up.

Https://www.angusenergy.co.uk/media/investor-questions/

What happened to the original thread?

Very much a "steady as she goes" set of answers to Investor Questions.

Https://www.angusenergy.co.uk/media/investor-questions/

TURKEY LATEST: Resumption of testing operations at Pinarova-1 moves closer with more powerful 7-inch perforating guns having cleared customs. Awaiting sign-off on explosive charge permit before guns can be transported to site. #oil #testing #AIM

Impressive - you certainly don't want any drones in the air when these aircraft are flying so low.

Trish,

The well has been drilled. The partners now seek to locate the source(s) of the strong oil odours at surface encountered during the drill:

The new guns will be deployed over the Germik/Hoya section where strong oil odours at surface were recorded over a 12-hour period during drilling and mobile light oil was recovered from the mud pit (see RNS of 22(nd) September 2023). (RNS of 21/11)

We have lift off!

Bubblepoint,

Angus would be extremely imprudent to provide any indications while negotiations continue.

Bubblepoint,

Until the new debt facility is finalised, we can't even be sure of its final amount, so need more information before drawing any clear conclusions.

Angus is currently seeking to re-finance its debt in order to reduce costs and free up cash.

Loxley has yet to be proven commercially but, in terms of timing, might it not fit in rather well with Angus's Saltfleetby, given it will take a number of years to develop?

If you don't care about the percentage, why begin your post thus?

"Down nearly 6%........"

Thank you for your enquiry, but no, (the mid-price is down 2% - looking at the price of the last trade tends to exaggerate the price movement).

Steady for the present, $2,042.80.

But this is just on the markets becoming more confident interest rates may have peaked.

When interest rates begin to come down, how high can gold go? Could be quite a bull market in gold ahead of us.

The move has strengthened - up to about $2,040 now.

Https://www.kitco.com/charts/livegold.html

Book net asset figures are subject to annual review and impaired where considered necessary.

Bubblepoint,

I am simply comparing the book net asset figures with the current share price, it's not really a matter of belief.