Member Info for ocelot

DoneK,

Yes. The board had progressively improved over many months but it has become much livelier in the recent past.

Agreed, DoneK, it has been most encouraging to witness the arrival of new posters on the board recently.

The front month natural gas contract has shifted from May to June (161.53p at present).

This is all getting very close now: when the market reopens on Tuesday, it will be 3rd May.

What is the source for that target price?

Looks as if there was about another 10m of late-reported trades today.

Cashintime,

Will come back to you on a couple of your points:

the open offer wasn't of management's own choosing, it was in addition to the placing of £5m they sought and raised;

re George Lucan: I have wondered if Angus might not be interested to take a stake in Loxley (assuming the appeal goes in UKOG's favour), given they choose to take a 51%-stake in Saltfleetby and are now very close to first gas.

Think we are experiencing a watershed moment in the stock market career of Angus which is, for the present, more visible in terms of volume than of price.

All those buying and selling in the last 2 days have been doing so following GL's presentation on lse of Tuesday evening.

Those buying are buying into his vision and forecasts for Angus, those selling are, for whatever reason, choosing to come out now or to reduce.

The result will be, imho, the creation of a more coherent shareholder base to support the company's future development.

You seem to be saying that you want more dilution, that he should have raised more.

He faile miserably the last round.
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If nearly £5.5m constitutes failure, what constitutes success?

There's lots to look forward to!

Crocqman came to my defence quite recently, so I will now reciprocate.

He is one of the very few posters who seeks to express a balanced point of view.

He is a long-term investor in ANGS who has been very open about his reasons for remaining invested, Saltfleetby.

George Lucan, CEO, commented: "When we entered the Formal Sales Process in January we had expected that a result would have been concluded by this time. In view of the extended due diligence exercise being performed by bidders for some or all of our interest in Saltfleetby ... (RNS of Monday, 11/04)

That was at the time of the placing, almost 3 working weeks ago.

By now, the parties involved should know each other pretty well.

Will these discussions lead to something tangible?

Alba's tweet dates from earlier today.

There was a moment when I had 20 filtered posts on a page of 25, so I don't know what has been going on, but admin's solution has been to remove whole threads.

Can we try to raise the quality of the exchanges a bit, please?

Ocelot. Do or do they not sell at the daily spot price?
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WG818,
I would imagine they will be looking to hedge at least part of the unhedged production from the sidetrack.

It’s 130 today!!!….and yes being summer the price is less as can be seen in the hedge costs.
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June: 175
July: 200
August: 212

Which months constitute your Summer, WG818?

The front month is low because of LNG deliveries to the UK from the US, gas which the UK is unable to store because of its limited storage capacity and gas which is delivered to the UK because of the continent's limited regasification capacity.

Historically June would be less! (than May).
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WG818,

The futures prices are there so why ignore them?

Historically, the price in May or in June would have been of the order of 30p to 40p. But they aren't, are they?

May is 130p and June is 182.5p.