Member Info for ocelot

The board's caution is exactly what you would expect in the circumstances, any lawyer would suggest the insertion of such a caution.

Gold prices could climb as high as $6,000 an ounce in 2026, according to analysts surveyed by the London Bullion Market Association.

https://www.share-talk.com/analysts-forecast-gold-could-hit-6000-an-ounce-in-2026/

Lively board this morning, very good to see!

No, but I thank you for the invitation.

Suggest you find a poster who wishes to discuss your chosen subjects with you.

"Looks as if the selling may be drying up" is what I said in my post of 14:34.

Highest since 23/06/25

"And perhaps for the dim wits like me Ocelot/Stephen Sanderson would you care to explain; If UKOG shares are in demand and supply is scarce; Why does the SP (Share Price) continue to fall as is and has been the norm for many years?"

What I said is that the selling appeared to be drying up.

"So far today Stephen Ocelot only £10k traded, like schoolkids gambling with their pocket money.

Proves there is NO demand for UKOG from any serious Investors or Traders, ..."

Also proves there is NO supply of UKOG from any serious investors or traders, which is precisely the point I was making.

Doesn't sound as if Trump considers it to be a done deal (speaking at Davos now).

Looks as if the selling may be drying up.

Jeremiah,

You have omitted to look at the terms of the Motzfeldt acquisition.

"Greenland – A done deal for Greenlanders

We believe an agreement has been reached between Greenland and the US

Just nobody cc’d Kier Starmer or the EU ...

A closer and greater cooperation with the US is likely to turbocharge the economy and ramp up future mineral discovery and development".

Elir,

"Alba Mineral Resources plc (AIM: ALBA), the gold and critical raw materials focused exploration and development

company, is pleased to announce that it has completed the first stage of its acquisition of a majority stake in the Motzfeldt

Critical Metals Project, ..." (RNS of 28/10/25)

UKOG have said that, in the event of the resumption of production, there may well be scope to write back to profits some of their own impairment. UKOG are currently in the process of preparing a revised application to Surrey CC.

Alba's market cap: 19.8bn shares at 0.019p = £3.8m

25.34% stake in GROC's market cap of £8.52m at price of 3.05p per GROC share = £2.2m

Market valuation of all of Alba's other interests including Clogau: £1.6m

These are questions for the company, ian12.

The answer to the first one is about 10 minutes, as they have already said in answers to questions on the hub.

1 ounce sold for £20,000 when the price of gold was about £2,370 (RNS of 04/04/25).

Maintaining the same % premium, the current spot price of £3,618.95 gives a price for Clogau gold of c£30,500

Yes, but bid you all a good evening.

"You should know Stephen oops I meant to say Ocelot!"

Anybody can know if they read the RNSs or look at the website.

Hard to say, the work required by the mining inspectorate presumably explains in large part the need for the 28/10/25 raise.

While Alba is not generating any cash of its own, placings will continue in order to cover running costs. There is nothing wrong with placings as such, it is all a question of the price at which they are done. That is why the company needs to get its share price up.

However, the last placing is dated 28/10/25 when Alba raised £500K so it is highly unlikely they will need to come back to the market at the present time, less than 3 months later.