Member Info for ocelot

Any finance company in particular, gumbot007?

Both Alba and GROC are in the right place at the right time, it is just a matter of the market coming to recognise this.

"This milestone confirms the Company's compliance with its regulatory obligations, demonstrating its continued commitment to responsible operations and asset stewardship ..."

Should help in their dealings with Surrey CC re Horse Hill.

"As a solution, he (Vance) pitched a “preferential trade center” for critical minerals that would be protected from external disruptions, emphasizing the need for a coordinated agreement on price floors".

https://www.mining.com/us-marshals-eu-japan-and-mexico-in-critical-minerals-push/

Thanks to Mullins58 on the Alba board

As a solution, he (Vance) pitched a “preferential trade center” for critical minerals that would be protected from external disruptions, emphasizing the need for a coordinated agreement on price floors.

They have respected the deadline with a few days to spare - well done, gentlemen!

I see that Trafigura halved its stake in Atalaya Mining today, from 21.9% to 10.9%.

By "ALL the creditors", I mean the

"three key creditor groups where payments are currently overdue, namely the senior debt provided by Trafigura (including amounts due in relation to crystallised and other hedging arrangements), the Overriding Royalty Interest in connection with the Company's principal Saltfleetby asset and the Deferred Consideration due to Forum Energy Services Ltd. In aggregate, the total amount of debt being restructured is circa £29 million". (RNS of 20/11/25)

Trafigura is the creditor in the strongest position because its debt is secured on Saltfleetby but it is ALL the creditors who are showing forbearance.

POSITIVE ""discussions with its creditors regarding restructuring of its debt remain ongoing""

Surely the most important word in that quotation is the one which you omitted, Bubblepoint, "positive".

Balcombe (25% Working Interest)

... The decision of the High Court was made public on 16 April 2025 and ruled in favour of the Company. The Company is now evaluating options for the extended well test.

Lidsey (80% Working Interest)

Due to the high cost of water disposal, Lidsey has remained shut in, however, as previously stated, a planning application has been submitted to allow for transportation of produced water off-site to the Brockham oil field for voidage replacement and pressure maintenance. This application has now been approved, and we are awaiting imminent formal validation. Once received, the Company will progress to test the integrity of the well in readiness for future production, confirm the operability of the currently installed artificial lift, and establish the re-instatement production potential of the X2 well. This is low-cost operation, and if successful, it will allow for the reinstatement of the site with produced water trucked to Brockham for injection.

Further to previous announcements ..., Angus Energy confirms that positive discussions with its creditors regarding restructuring of its debt remain ongoing ... The Company will inform the market once an agreement has been reached and the terms of such agreement, and in the meantime continues to carefully manage its working capital position in conjunction with its lenders. (RNS of 22/01/26)

(U.S. Interior Secretary Doug) Burgum said the price floors supported by the minerals club would attract long-term capital. "The private sector can get involved and make investments in mining and refining, knowing there's going to be a market and they don't have to worry about the bottom falling out," Burgum said.

https://www.reuters.com/world/china/some-30-countries-want-join-critical-minerals-club-us-interior-secretary-burgum-2026-02-03/

Https://eibi.co.uk/wp-content/uploads/Securing-the-Transition-Report.pdf

Https://www.energylivenews.com/2026/01/27/transition-finance-council-says-invest-billions-in-long-duration-energy-storage/

Https://www.state.gov/releases/office-of-the-spokesperson/2026/02/the-united-states-to-host-critical-minerals-ministerial

Https://www.state.gov/releases/office-of-the-spokesperson/2026/02/the-united-states-to-host-critical-minerals-ministerial

PS: the article is headed by a photo of "The Tanbreez rare earth minerals near Narsarsuaq, Greenland".

Article on Bloomberg's front page

Article on Bloomberg's front page