Member Info for ocelot

The Group has incurred indefinitely available tax losses of £166.4m (2023: £179.1m), which includes tax loss

incurred on the acquisition of Saltfleetby Energy Limited, to carry forward against future taxable income of

the subsidiaries in which the losses arose and they cannot be used to offset taxable profits elsewhere in the

Group. (page 56 of the last annual report)

At 40% potentially worth £66.56m.

So let's hope the blasting programme resumes very soon and proves successful.

Google is unable to identify your wise man, asllankukeli.

At 30 September 2024, the outstanding loan balances owed to HHDL’s shareholders were; Alba Mineral Resources PLC (Alba)

£2.6 million (2023: £2.1 million), Doriemus PLC (Doremius) £0.6 million (2023: £0.57 million) and UK Oil & Gas Plc £17.8

million (2023: £17.43million). The loans are payable on determination by the Board of HHDL. The loans currently attract an

interest rate equivalent to the Bank of England base rate. (page 70 of the last annual report)

"Again, as has been pointed out many times before, UKOG's Dorset H2 'project' is in the wrong place - never mind being in an area of dubious salt quality as their own presentation helpfully shows".

"The Design, prepared for the Company's wholly owned UK Energy Storage subsidiary ("UKEn"), confirms the suitability of the Site for a material scale hydrogen storage project, comprising 24 salt caverns at a depth of ~1330 m below surface. The project is fully in keeping with the Government's Clean Power 2030 ambitions". (the DEEP.KBB RNS of 27/01/25)

"... they owe Creditors a substantial sum, ...

This includes considerable sums still owed to Doriemus and Alba, ..."

The "they" in question is HHDL NOT UKOG. HHDL needs to generate revenue in order to repay the sums its owes, the principal amount being due to UKOG.

"... they owe Creditors a substantial sum, ...

This includes considerable sums still owed to Doriemus and Alba, ..."

The "they" in

"No International (or UK) Company would come near UKOG".

LOSs from Sumitomo (29/05/24), SGN (27/06/24), RWE (02/08/24).

MOU with National Gas (02/10/25).

Https://albamineralresources.com/gold-pendant

There are those who seek to draw attention to themselves - the simplest is to deprive them of that attention and filter them.

Trish,

On occasions, whole threads are deleted. In that case, one's own post simply has the misfortune of finding itself in undesirable company.

Market cap (including the to-be-admitted shares): £2.68m

25.34% of GROC's market cap of £7.68m with the share price at 2.75p: £1.95m

Alba's other interests valued by the market at £0.73m

Up in 1.3bn shares, a much more encouraging session.

Threshold crossed yesterday

"It may be sizeable in the amount of shares, but not in value!!"

That is, of course, where the opportunity lies - for each investor to decide where he/she thinks the share price should be.

Agreed, need to get the market cap up.

I saw the number of posts had increased and went looking for the RNS - my mistake!

Threshold crossed 12/12, last Friday.

Clogau gold is so rare it commands a very hefty premium over the spot price.

GROC's RNS of this morning suggests that its AAM processing plant has the potential to become a world leader in purification techniques.

There is an existing and potential quality to Alba's principal assets which, imho, should be reflected in the rating of its share price.

The Amitsoq mine is already of world-leading quality.

It looks as if GROC's AAM processing plant could also be of world-leading quality.

Dg222,

So it could be of benefit to other processing companies, too.