Member Info for ocelot

Well-spotted, SlowRoll!

Times, p16

It isn't enough to legislate, the planning process and connections to the grid have to be speeded up.

Thanks, Singhie, appreciated as always.

Volume of 65.9m on AIM after the closing UT and 12.2m on Aquis: the share price rise is on the back of healthy volume.

Becoming livelier.

Overall, this is another positive report from GreenRoc, detailing good progress toward production at Amitsoq. There is clear demand for Amitsoq graphite, evidenced by ongoing discussions with offtake partners, including the one mentioned in today's report who has requested material for own testing. The 700kg bulk sample should facilitate further discussions with potential customers.

In August, primary field sampling for Amitsoq's EIA will complete, marking a significant milestone. Equally crucial is the submission of the SIA to the Ministry of Mineral Resources, initiating the negotiation process with the government of Greenland toward exploitation permitting. PEA work will be reported in September, expected to demonstrate Amitsoq's future profitability and helping garner further demand. These developments will give investors much to look forward to before the end of the year.

GreenRoc's flagship Amitsoq asset has proven one of the highest-grade graphite deposits in the world, with a resource estimate of 23.05 Mt at an average grade of 20.41% graphite, following January's 3x resource increase. Graphite is a key metal in the production of EV batteries, and earlier this year GreenRoc confirmed that Amitsoq graphite could be purified to exceed the EV battery requirement of 99.95%. With global demand for graphite expected to soar, Amitsoq's vast deposit is set to play a key role in the transition to net zero.

Https://www.voxmarkets.co.uk/articles/greenroc-mining-in-talks-with-potential-offtake-partner-for-amitsoq-graphite-advances-toward-production-857f2ed/?utm_campaign=No%20campaign&utm_medium=email&_hsmi=268118572&_hsenc=p2ANqtz-8kjOI7v1MpognvhW8UuraRtEAcIENQzttR6HrOzy57dUF6ZJl_SFibSKmvyKSKpONcPskYSZVf7G94vaM1M0UCPpq4dA&utm_content=268118572&utm_source=hs_email

2nd biggest volume stock on the market yesterday.

At these share price levels, Angus is looking vulnerable.

In this morning's market round-up:

The world is using more oil than ever and that’s not going to change significantly by 2030, Javier Blas writes. And there’s no chance we will reduce consumption by anywhere near as much as needed to meet net-zero emissions targets by then. Governments are preaching green in public, but in private they tell oil executives to keep on pumping.

Exciting news.

They are very good at keeping us informed so, yes, expect they will let us know when dewatering is done and yes, expect them to show us any visible gold.

AIM: 50.3m

Aquis: 12.1m

Great to see some photos from inside the mine again - it's been a while.

Upbeat musical background!

Work underway at our Clogau-St David's Gold Mine in Wales to enable safe access in and out of Lower Llechfraith workings, ready for when first phase of the dewatering exercise is completed.

https://youtu.be/Sw2jTaRIp3s via

@YouTube

UKOG's only financial debt consists of the advances due to the non-controlling interests in HHDL, Alba and Doriemus.

But the clue is in the phrase "non-controlling interests": UKOG controls HHDL and, therefore, the repayment of the advances.

Interesting the order of presentation of Angus's assets on the home page, by (potential) magnitude, apparently:

1/ Saltfleetby

2/ Balcombe

3/ Lidsey

4/ Brockham

https://www.angusenergy.co.uk/

Bubblepoint,

Volume has been low very recently, not sure there's much to conclude from market activity at the present time, one way or the other.

Personally, was expecting them to increase debt, in order to maintain their margin for manoeuvre, so that has come as no surprise.

Await next developments.

On the other hand, the company is now generating healthy cash flow, the balance sheet is solid, the share price is low and the gas price is likely to head upwards as we approach Winter.

August 82.7p at the close.