Member Info for ocelot

Good rise on GROC: 3.85p + 13.2%

" ... curtailment costs continue to rise. Ofgem has approved £90 billion of grid upgrades, but these will take at least five years to complete. Without more storage, curtailment charges could reach £10 billion a year by 2030, according to Octopus Energy ..."

These potential constraint costs put into perspective the costs of UKOG'S projects and, indeed, underline their potential benefits.

Close above 0.026p and looking for 0.036p

https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-monday-26th-january-2026/

Trish,

The government holds the key in that they will decide on the storage revenue model. Until that decision is taken, private sector investors can't project future potential revenue. it is the reason Centrica continues to hold off from proceeding with its £2bn investment in Rough.

USD 5,090.80 GBP 3,725.12

I was responsible for the thread title below but it was a mistake on my part, i had intended it for Angus Energy but posted it here.

... Recovery continues

Turning to the wider market, the AIM All-Share finished the week up 2.2% at 820, territory last seen in May 2023. It comfortably outperformed the FTSE 100, which fell 0.75% over the same five trading days ...

https://www.proactiveinvestors.co.uk/companies/news/1086162/small-cap-movers-trumps-greenland-shockwave-felt-on-aim-1086162.html

Thanks to Troajan on another board

Recovery continues

Turning to the wider market, the AIM All-Share finished the week up 2.2% at 820, territory last seen in May 2023. It comfortably outperformed the FTSE 100, which fell 0.75% over the same five trading days ...

Finally, EnergyPathways PLC (AIM:EPP) ended the week 14% higher and is up 21% over the past month.

The group is developing the Marram Energy Storage Hub, known as MESH, which has taken on fresh relevance after new figures showed Britain wasted a record amount of wind energy in 2025.

Wasted energy

A report by energy news service Montel revealed that 10 terawatt hours of wind power were curtailed last year, enough to supply every home in London for a year. Without large-scale storage, such waste is set to increase ...

The project comes as curtailment costs continue to rise. Ofgem has approved £90 billion of grid upgrades, but these will take at least five years to complete. Without more storage, curtailment charges could reach £10 billion a year by 2030, according to Octopus Energy ...

https://www.proactiveinvestors.co.uk/companies/news/1086162/small-cap-movers-trumps-greenland-shockwave-felt-on-aim-1086162.html

Thanks to Troajan on another board

Bubblepoint,

They are directors of an AIM-listed stock. They are doing what any directors of such a stock would do in the circumstances and covering themselves.

"While the Board is encouraged in respect of the continued progress in these discussions, the Company cautions that if a suitable agreement is not reached, it would create a material uncertainty around the Company's ability to continue to operate as a going concern".

A little bit of embellishment on your part, perhaps, Bubblepoint?

I had forgotten what the ELEPHANT in the ROOM is so looked back at the beginning of this thread.

It's the going concern caveat in the last RNS. But that is absolutely standard terminology in the circumstances of a suspension and debt restructuring and an ELEPHANT I am quite comfortable to keep in the room.

The prospect of such discoveries should be good news for the Aim-listed Alba Resources, owner of the Clogau gold mine in Wales, but also the holder of a stake in the Motzfeldt rare earths project in the south of Greenland.

I think there are those who, by nature, are trolls and social media provides them with an opportunity to express themselves.

From Citywire's round-up of the press. Not a subscriber, have not read the article.

The Daily Telegraph (Comment): Gas markets are exploding. But are we facing another energy crisis?

Sorry, wrong board!

From Citywire's round-up of the press. Not a subscriber, have not read the article.

The Daily Telegraph (Comment): Gas markets are exploding. But are we facing another energy crisis?

Ilovewhelks,

Sorry but I can't answer your question because, in truth, I've completely forgotten Bubblepoint's previous moniker!

"Have you seen what we have to vote for at the GM. 1,2 and3 are all about funding which means another massive dilution".

ian12,

Have you seen what is being acquired? There is no dilution at all if what is being acquired is equivalent in value to the shares being issued. Bur, obviously, the intention is that the acquisition should prove to be accretive in value.

1/ acquisition of a majority stake in Motzfeldt from a seller connected to GF (his wife) + associated transactions;

2/ issue of shares for the above acquisition and authority to issue further shares until next AGM;

3/ enables directors to make placings.

Been here long enough to say that Bubblepoint was not a member of the failed action group.

Also, that he informed the board of having changed his moniker.

Far from agreeing with him in everything he says, but do seek to correct misunderstandings.