Member Info for ocelot

In order to bolster the balance sheet of the Company, noting particularly current cash resources, and assist with the refinancing of the senior and remaining junior facilities by reducing the Company's leverage, Kemexon has agreed to convert the Facility into equity with a 1 year lock-up, as a show of support for the management and board of the Company. (RNS of 28/09)

It's a medium/long-term project (planning for production in 2027).

Hopefully, we will learn more about net present value on release of the preliminary economic assessment but interest rates affect the market as a whole.

Many thanks, SillyButtons.

I simply read the answers, it never occurred to me to look up at the instructions.

Https://corporate.exxonmobil.com/news/news-releases/2023/1011_exxonmobil-announces-merger-with-pioneer-natural-resources-in-an-all-stock-transaction

I've missed something. Where is the reference to these further questions to be answered, please?

Amitsoq: World class and undervalued

It's the presentation table from 07:50 which throws into stark relief Amitsoq's undervaluation:

https://www.youtube.com/watch?v=-vwIpSKIJdo&t=2s

Naheedout,

You can make the same comment about a good part of the stock market at the present time!

Interesting and thoughtful post, ZYX098 - appreciated.

Mr Panteli has over 25 years' experience within the alternative investments industry and has been involved with a variety of related roles including investment management, research, risk, operations, structuring, allocating capital, due diligence, business development and management.

Looking to see if they can do more to counter the market's undervaluation of GROC?

Https://www.londonstockexchange.com/news-article/GROC/board-changes/16161370

5 hours ago, UKOG tweeted 4 more messages promoting its Portland project.

Is this exclusively a matter of getting the message out or is there a reason for the messages going out now?

Natural Gas prices keep pressing higher as supply towards Europe is getting cut short from all sides. First and foremost the Australian ports are due to close again for strikes as of next Monday, taking out nearly 10% of global LNG production. Next to that, the main Finland gas line towards Europe is closed due to possible sabotage. And Israel has pressed Chevron to halt its gas production seeing the elevated risk in the region, cutting short the supply via Egypte to mainland Europe. (from fxstreet.com)

The difference is that the funding facility is equity-based whereas a loan is debt.

There's a difference between a funding facility and a loan.

For those who are new to UKOG, the company has been financed through equity and not through debt.

The only financial debt consists of the advances made by the non-controlling shareholders in HHDL, principally Alba. These advances are repayable out of HHDL's profits, so HHDL needs to make profits for them to be repaid.

What loan obligations?

Https://www.ice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5508885

In fact, "Oceflop" is so poor I'm going to mark it zero out of 10.

The quality of the deramping on this board is in pronounced decline.

It was wealdpwr on the Angus board who came up with postalot. I thought that was quite good because it was true.

But "Oceflop"? That is of very poor quality, almost any 4-year old can come up with something sharper than that.

Yes, and the date of the GM remains to be announced.

Are we heading for a double or triple whammy?