Member Info for ocelot

Mind you, it may have got caught up with some others, of course.

Nibbers's last post has been deleted. I was not the one to report it.

gwilliams71,

Wouldn't expect UKOG to catch the attention of serious institutional investors.

I wrote of a cash-rich, strategic investor, not necessarily the same thing.

European natural gas prices rose further as Moscow’s supply cuts reverberate across the region with governments turning to alternate power sources and urging consumers to lower use.

Benchmark futures gained as much as 5.2%. Germany, Austria and the Netherlands are going against previous policy by banking on dirtier coal to ensure the lights stay on. Major German industries are ready to lower consumption to allow gas to go into storage so there’s enough stockpiles for heating in the winter, a minister said.

The deep Russian cuts are threatening the European economy at a time of already high inflation and feeble growth. Uniper SE, Germany’s biggest buyer of Russian gas, said it may find it difficult to supply its own clients if the situation persists. The impact is also spreading, with Denmark declaring an “early warning” on shortages ... (from Bloomberg)

PS: people should (and I hope and believe do) exercise their own judgement when reading the comments of any poster on this board, whether they be comments made by myself or by anybody else.

... you mislead people with your comments.
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Nibbers,

I write what I think. If you do not wish to read my comments, the filter button is there. I use the filter button quite a lot so have no objection whatsoever to being filtered myself.

Capdevilla11,

Do you mean to "douse" (not "dense") the optimism?

The share price is so low that any positive signs from Turkey (or elsewhere) could lead to a share re-rate, imho.

The market has yet to acknowledge the benefits which flow from the IPO of Greenroc: the shares of both companies are a long way behind where, imho, they should be and where I believe they are heading over time.

Turkey, HH, Loxley, all of these have now received the regulatory green light to proceed.

They all need cash, of course, but the conditions are there to attract a cash-rich, strategic investor.

looking forward to it.

Don't think there is any "if" about it, but as to "when", there is no way of telling (and management themselves may not know at present).

Russia again tightened its grip on Europe’s natural gas supply, rejecting an offer from Ukraine to book more transit capacity to compensate for reduced flows through a key pipeline to Germany.

Russia’s Gazprom PJSC opted not to reserve extra space to ship gas to Europe through Ukrainian pipelines for July at an auction on Monday, booking results show. It’s another sign that supplies from Moscow may remain curbed for longer after the nation cut fuel shipments through the Nord Stream pipeline, its biggest gas route to the European Union, to just 40% of its capacity ... (from Bloomberg)

European natural gas prices rose after rallying 43% last week as Russia’s steep supply cuts put governments on high alert amid a mounting possibility of rationing.

Benchmark futures rose as much as 8.1%, with shipments via the Nord Stream remaining at just 40% of capacity. Supply is likely to remain curbed with Gazprom PJSC’s chief Alexey Miller warning there’s no solution for now for issues with the gas turbines essential for the functioning of the pipeline. That’s forcing major European consumers to withdraw gas from the reserves they have been building for the winter when demand typically peaks ...

“This renewed market stress comes as a warning of how difficult an orderly near-term transition from Russian gas will be,” consultant Timera Energy said. “Europe will need to battle with Asia and Latin America for any incremental LNG supply to facilitate reduction of Russian pipeline imports. That means higher prices as we saw last week.” ...

https://www.bloomberg.com/news/articles/2022-06-20/european-gas-rises-further-as-russian-cuts-bring-rationing-risk?sref=Em01M8Hr

To mark the end of slavery in the US. Federal holiday as of last year, but not yet recognised by the majority of states.

Disclosure: Disclosure of net short positions in shares is required. Include synthetic positions, e.g. via derivatives. The thresholds are:

Net short position of 0.1% or more of issued share capital of an issuer must be reported privately to the FCA.
Further disclosure required if the net short position reaches or exceeds each 0.1% threshold thereafter (i.e. at 0.3%, 0.4% etc) and on falling below the relevant thresholds.
On reaching a net short position of 0.5% or more of issued share capital, on reaching, exceeding or falling below each 0.1% threshold thereafter and on falling below 0.5%, the net short position must also be reported to the market.

... he does not have a short on ASOS although there are some that have been taken out on the company.
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Assuming the position was taken out on Friday, the day of his post, and given his position is less than 0.5% of the issued share capital (market cap of £883m), how are you able to affirm the above?

Headline from Sunday Telegraph (don't have access to the article itself):

Norway threatens to abandon £4.5bn North Sea oilfield over windfall tax
Rishi Sunak's profit raid on oil giants pushes Equinor to reconsider drilling plans near Shetland Islands

It's totally exceptional that a post is published under the real name of the poster.

For those who are shareholders of UKOG or who are thinking of becoming shareholders, Simon Cawkwell's post is timed at 21:47 on Friday, 17/06 on advfn.

Ibug,

All you are saying is that his broker got a good price for him.

Very few trades @ 0.123p and only 92 trades in total.
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Ibug, it was the late-reported trade no.92:

17-Jun-22 16:06:04 0.123 50,000,000 Unknown* 0.12 0.125 61.50k