Member Info for ocelot

Cost of £3,130.

Market cap decline of £1m.

Overreaction?

TheRiflemans,

You've not been following the stock very closely: GL has resigned and is due to leave the company in mid-August, ie in a few days' time.

Https://drillordrop.com/2023/08/10/horse-hill-legal-challenge-delays-court-date-for-cumbrian-coal-mine-case/

:-)

Some of these abbreviations are confusing!

I scrolled down the thread to find the quotation from BP ... until I realised the BP in question wasn't the oil major.

Phenomenal price volatility: 104.45p + 33.7%

https://www.ice.com/products/910/UK-NBP-Natural-Gas-Futures/data?marketId=5419497

Explanation is provided by a Telegraph article posted by Valuation-it-is on the Angus board at 14:02.

Threat to LNG supplies by a vote to strike by workers in Australia.

Big rise in the September gas price: currently +24.6% at 97.4p:

https://www.ice.com/products/910/UK-NBP-Natural-Gas-Futures/data?marketId=5419497

Gone thru 90p as well as 80p during this session to date: 91.5p.

Now + 12.2% at 87.64p

https://www.ice.com/products/910/UK-NBP-Natural-Gas-Futures/data?marketId=5419497

Https://www.ice.com/products/910/UK-NBP-Natural-Gas-Futures/data?marketId=5419497

I must have got something right - 12 green boxes!

HITS is likely see the path to investing more clearly once this endless sand storm abates (imho).

Bit of a bounce in GROC so far this session: + 7.9% at 4.10p but volume isn't great at 325.5k.

A very frustrating share, agreed.

It can also be a very volatile share.

The most likely near-term triggers for volatility are: 1/ Pinarova-1; and 2/ Loxley.

After about 4 months of relatively restrained price movements, the next development(s) could prove interesting (to put it mildly).

Congratulations, SS and UKOG!

18 hours ago:

UK ENERGY STORAGE: UKEn is one of 5 storage operators included in government’s Hydrogen Business Model Design Group: “Support for providers can kick-start the long lead times required to develop geological (salt) storage facilities." #hydrogen #energy https://tinyurl.com/2p8ddjns

Current membership:

https://www.thesolentcluster.com/members/

... As of 1(st) July, the daily hedged volume has reduced to 50,000 therms per day until July 2024 when it reduces further to 21,666 therms per day. As a result, Angus is now producing significantly above the hedged volumes and is benefiting from strong gas prices. It is anticipated that production will be maintained at 90-95,000 therms per day over the next quarter ... (RNS 21/07)

Nice position to be in.

The last tweet from the site dates back to 04/04 - wonder if we will be offered any concerning the permanent flowline.

The bid price is currently 0.65p and the offer price 0.75p.

The bid price has not been higher than 0.65p so far this morning.

Some trades were executed at the offer price of 0.75p.