Member Info for ocelot

Officially, around 130,000 ounces of gold are thought to have been extracted from Dolgellau in the last 170 years or so and MARK THINKS PAST MINING HAS BARELY TOUCHED THE SURFACE. It’s his job to try and quantify just how much that might be in the as yet unexploited veins. (my capitals)

Serious concern about Ukraine and its implications.

Spot Gold up $35.55 at $1,862.40 - serious concerns about Ukraine this weekend by the looks of it.

The simple fact of the presentation is bullish: they believe they have a story to tell.

The upside is, imho, very considerable.

If you think of the longer video presentation of Harry Guest's, the implication seems to be (although, of course, they use far more circumspect language than this) that they believe they may have found a 2nd Clogau in the Llechfraith area of the mine.

Top gainer on the market.

News re the FSP could drop any time. We know from the past GL releases information immediately it becomes available.

0.29p paid for 3m.

How long have we been turning over quite good volumes around the current share price level?

The share price may not be doing very much, but could this be the construction of a solid base ahead of the drilling of Basur-3S?

Another disclosure for the board's experts to consider from Britannia Global Markets Limited.

note: I see David Burton is the founder of Total Market Solutions.

That's fair enough, if he can provide a service, good luck to him.

... Fully funded for its current work, GreenRoc seems set for an interesting year. Phase 2 drilling is planned at its two graphite sites at Amitsoq, and at the Thule ilmenite deposit. Time will tell whether it can move one or more of these into development by the end of the year. The company’s share price has drifted down from its admission price of 10p to around 5.8p at the time of writing, taking its market cap to £6.5m from £11.1m. At this price it might fit into a diversified portfolio for small natural resource investors interested in taking a longer term stake in the strategic metals sector. It’s early days, but GreenRoc Mining may be one to watch this year.

Acknowledgements to BurtonD on the GROC board:

https://total-market-solutions.com/2022/02/greenroc-mining-plc/

that is, it is in all likelihood a long position which they have sought to cover in the event of developments unfolding in another way than anticipated.

Not an expert in CFDs, but could they playing the time factor? I've read that CFDs do not have a fixed maturity date.

I added 5/, that's why I posted it again.

If I am right and UKOG is growing in self-confidence, what could be the reasons for this?

1/ the recovery of the Loxley appeal by the Secretary of State:
it may extend the delay, but it does show that the government is aware of the potential importance of Loxley and prepared to intervene in such a case;
2/ the acquisition of the necessary seismic data ahead of the drilling of Basur -3S.
Is there anything else?
3/ Presumably, obtaining permissions for the conversion of HH-2z into a water injector requires a to and fro of information with the regulatory authorities. Is there a suggestion that this is advancing satisfactorily?
4/ And, then, there are the continuing discussions re geothermal, etc as underlined by the flashes on UKOG's home page.
5/ More generally across the industry, the realisation by government that neglecting the oil and gas industry may come at a cost ... in terms of voters.

Not trying to fill you with confidence, Ibug, simply expressing my opinion.

If I am right and UKOG is growing in self-confidence, what could be the reasons for this?

1/ the recovery of the Loxley appeal by the Secretary of State:
it may extend the delay, but it does show that the government is aware of the potential importance of Loxley and prepared to intervene in such a case;
2/ the acquisition of the necessary seismic data ahead of the drilling of Basur -3S.
Is there anything else?
3/ Presumably, obtaining permissions for the conversion of HH-2z into a water injector requires a to and fro of information with the regulatory authorities. Is there a suggestion that this is advancing satisfactorily?
4/ And, then, there are the continuing discussions re geothermal, etc as underlined by the flashes on UKOG's home page.

In his post of 12:48, Ibug noted that UKOG have updated the Board and Management page on their website.

These are little signs, but my impression is of a growing self-confidence at UKOG after a protracted sequence of setbacks: is it possible the worst is now behind us?

All investors in UKOG will certainly hope so.