Member Info for ocelot

Baits,

We should also be receiving answers to any recent Investor Questions in the next few days.

(they may have been posted already but I only have access to a few unfiltered posts)

UKEn LATEST: We are delighted to have been invited to join the prestigious Underground Energy Storage Operators. UESO members store or plan to store hydrogen in onshore and offshore underground caverns. #energy #renewables https://ueso.co.uk

UKEn LATEST: We are delighted to have been invited to join the prestigious Underground Energy Storage Operators. UESO members store or plan to store hydrogen in onshore and offshore underground caverns. #energy #renewables https://ueso.co.uk

At 23.26%, Kemexon will be lower than, but NOT so far off, the 30% level at which a bid is required.

At 23.26%, Kemexon will be lower than, but so far off, the 30% level at which a bid is required.

"A recent report from Bloomberg revealed that Northwestern Mutual Life Insurance Co., the third-largest U.S. life insurer by 2008 sales, ...".

What is the date of the report from which these extracts are taken, please?

... RiverFort has a good record of finding undervalued companies and accelerating their growth. The holding company typically invests by way of debt and/or equity-linked instruments, ... Since the period end, investments have been made in companies including Gaussin SA, UK Oil and Gas plc, Cadence Minerals plc and Sareum Holdings plc ...

Kemexon provided the Company with the Facility on 28 March 2023 and the Board has deemed it preferable to agree to the repayment in equity now, noting the Company's position with its other lenders along with the reduced leverage and improving the overall balance sheet of the Company, this will provide ...

Debt down, equity up > more conservative and solid balance sheet.

-- Continuing progress on global refinancing of the remaining Senior Facility (GBP6.3m as at 1 October 2023) and Junior Facility (GBP6m), expected to close by year end.

That's the first timeline provided by Angus for the refinancing of the debt facilities - progress!

Richard Herbert, CEO, comments: "Kemexon's conversion is a show of support for the Company and the reconstituted board, which will be focused on refinancing existing debt in order to pursue expansions at Saltfleetby in production and storage, as well as inorganic opportunities - with a focus on producing assets that would deliver asymmetric returns to shareholders".

... RiverFort has a good record of finding undervalued companies and accelerating their growth. The holding company typically invests by way of debt and/or equity-linked instruments, a strategy which allows it to control volatility and risk. This portfolio currently includes over 20 companies, with principal investments in companies such as Jubilee Metals plc, Gaussin SA, Kibo Energy plc and Valoe Corp Oyj. Since the period end, investments have been made in companies including Gaussin SA, UK Oil and Gas plc, Cadence Minerals plc and Sareum Holdings plc ...

https://www.voxmarkets.co.uk/articles/riverfort-s-focus-on-cash-preservation-paves-the-way-for-future-investments-fa2eee8/?utm_campaign=No%20campaign&utm_medium=email&_hsmi=276130293&utm_content=276130293&utm_source=hs_email

(I have so many posters on filter, I don't know if this has already been posted to the board).

Fantastic to see the 350 million barrel Rosebank oilfield been given the green light today on the U.K. 2,000 jobs and £8 billion of investment. The U.K. must be self sufficient for energy if it wants to remain relevant. Oil is an important part of any country’s energy mix. I can’t wait to help bring Gatwick into #oil and #gas production.

@pennpetro

@UKOGlistedonAIM

#PPP #UKOG

Thank you, ZYX098.

Not sure "boundless optimism" accurately reflects my present mindset: I, too, would appreciate an update concerning Pinarova-1.

... while we wait for the revised permits to come through IN LINE WITH CONSTRUCTIVE DISCUSSIONS WITH THE NRW TO ALLOW US TO PUMP A HIGHER RATES.

Angus Energy PLC Issuance of Lender Shares & TVR

It's all in the annual reports.

Progress at Clogau #Gold Mine: We are busy getting on with emergency abstraction while we wait for the revised permits to come through in line with constructive discussions with the NRW to allow us to pump at higher rates.

It was a hope NRW would authorise a temporary extension to the higher rate of abstraction but the indications were mixed at best.

The UAV survey has suffered a further delay of, say, about a month.

GF has got the information out to the market as soon as he could, by the looks of it.

Https://www.londonstockexchange.com/news-article/ALBA/clogau-operational-update/16128050

From an article in the Telegraph of this afternoon:

... If the war in Ukraine has been a disaster for Armenia’s relations with Russia, it has been a major boon for Azerbaijan, which has increased its gas supplies to Europe.

EU leaders have flown to Baku to shake hands with Mr Aliyev and have welcomed Azerbaijani diplomats in Brussels, making it far harder for them to constrain him. Azerbaijan has also rebuilt its damaged links with Russia, buying extra Russian gas to supplement its supplies to the EU ...

How many months ago now?

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goldbar2, the last Pinarova-1 RNS was on 23/05, so 4 months less 8 days.

That is a long time to ask PIs to be patient without providing any updates in the meantime.