Member Info for ocelot

https://www.kitco.com/charts/livegold.html

GROC: +7.1%.

Big thanks to LodesOrLoads on the Alba board:

https://investingstrategy.co.uk/stock-tips/greenroc-mining-another-exceptional-ftse-aim-graphite-stock-opportunity/

3. GreenRoc shares are down circa 45% since the company launched its IPO. I view this as a dip-buying opportunity for position investors, but do you think the company is about to turn the corner in terms of investor returns?

I think we are heavily undervalued and whilst I naturally cannot control the share price, I am firmly focussed on proving the strong value fundamentals of our company. I have several reasons to believe that our share price will improve in the coming time – one being that graphite is seen by many analysts to be the next lithium, with serious deficit in supply building up over the coming years. In addition, our Amitsoq graphite deposit is proving itself to be truly world class and may well be the best deposit in the European realm. We have already proven it to be one of the highest grades globally and now we are poised to unlock its resource size and significant commercial value.

... We are also considering, or perhaps I should say planning, on building a processing plant in Europe to produce spherical graphite for EV battery anodes, directly from our Amitsoq graphite concentrate.

7. What’s the key reason why investors should consider adding GROC shares to their portfolios, and what’s the ‘crown jewel’ in its portfolio in your opinion?

GreenRoc is poised for growth, and I believe a significant value re-rate. We have a world class high-grade graphite deposit under development, which is being rapidly advanced to become a producing mine in the shortest time span. With unprecedented demand from the battery market in Europe and North America, there is a clear need for quality graphite of Amitsoq’s kind and scale, together with its advantageous geographic location. We are committed to delivering on this significant opportunity.

Angus updated their website overnight. The Balcombe appeal decision remains outstanding, but they sound pretty confident of the outcome in this extract:

... The Balcombe – 2Z side track has opened up an approximately 1,700 ft horizontal section through the upper Kimmeridge Micrite, which is naturally fractured and offers an extensive zone through the reservoir to test. This same zone was tested very successfully at Horse Hill in 2016 flowing ~900 bopd from the same limestone section through which the horizontal Balcombe 2Z well is drilled. The well is to be tested shortly ...

Balcombe has implications for HH because a successful test could trigger renewed interest in the Kimmeridge:

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

Sorry, it was more than their home page that they updated.

Angus updated their home page overnight. The Balcombe appeal decision remains outstanding, but they sound pretty confident of the result in this extract:

... The Balcombe – 2Z side track has opened up an approximately 1,700 ft horizontal section through the upper Kimmeridge Micrite, which is naturally fractured and offers an extensive zone through the reservoir to test. This same zone was tested very successfully at Horse Hill in 2016 flowing ~900 bopd from the same limestone section through which the horizontal Balcombe 2Z well is drilled. The well is to be tested shortly ...

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

volume picking up?

Today's is 10.1m so far, yesterday's was 10.3m at the close.

Flying start for the weekend. 1267 3WE crude oil off to hamble this morning :)

Has the home page been revised and sharpened or is it me behind the times?

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

... to which the Clogau premium should be added.

All looking very promising, just a question of waiting for NRW's dewatering decision.

Geopolitical shocks could trigger a surge in metals prices because the market has never been tighter, according to Trafigura Group.

“We could be pushed into extreme price levels,” Jeremy Weir, the commodity trader’s chief executive officer, said at a mining conference in Saudi Arabia. “We need to address this problem now. We are at a pretty critical stage.”

His comments come as mining executives warn that much more investment is needed to ensure the world has enough supplies of energy-transition metals in the next decade ...

https://www.bloomberg.com/news/articles/2023-01-11/metals-prices-could-spike-with-markets-so-tight-says-trafigura?sref=Em01M8Hr

Think, and hope, there may be a 2nd RNS in the near future concerning the Loxley farm-out (but can always be mistaken!).

The largest known deposit of rare earth minerals in Europe has just been discovered in Sweden’s Arctic, with potential to help the continent break free from China’s dominance on the market for the resources.

The deposit, found by Swedish state-owned mining company LKAB, contains more than 1 million tons of rare earths, according to a statement on Thursday. Work is still in an exploratory phase and the full extent of the deposit, just north of the company’s biggest mine in the Arctic town of Kiruna, is not known, LKAB said.

“It will be at least 10 to 15 years before we can actually begin mining and deliver raw materials to the market,” Chief Executive Officer Jan Mostrom said, citing a time line derived from other permitting processes in the industry. LKAB plans an application for an exploration concession this year, before seeking permits ...

https://www.bloomberg.com/news/articles/2023-01-12/swedish-miner-finds-europe-s-largest-rare-earth-deposit?sref=Em01M8Hr

+ $10.24

Bitcoin back above $18,000, the markets do seem to have opened 2023 in a more positive frame of mind.

One further factor to be borne in mind is Angus's Balcombe appeal, where the site visit and decision are still pending.

Balcombe is a horizontal into the Kimmeridge which flowed most encouragingly for an initial brief period and where Angus has applied for an extended well test.

A favourable decision could trigger renewed interest in the Kimmeridge play:

https://acp.planninginspectorate.gov.uk/ViewCase.aspx?Caseid=3282246&CoID=0

:-)

An RNS re the Loxley farm-out can come out at any time of any session, just depending on when any agreement is finalised.