Member Info for ocelot

Time can pass quickly, I was quite surprised to realise that the announcement about "at least 6 bona fide approaches" only dates back to Monday of this week, the 17th:

In accordance with the Company's announcement of 6 January, the Company considers it inappropriate to identify the Parties but the Company will engage with and evaluate each expression of interest until a firm proposal can be agreed and announced.

So the only approach rejected to date is that of SOU, which mounted to 1.40p in SOU shares.

bbdd posted this article on Alba's board:

https://www.bloomberg.com/opinion/articles/2022-01-18/ev-battery-makers-are-pushing-up-demand-for-all-inputs-even-graphite?sref=Em01M8Hr

I posted this extract on that board:

... At this point, stakeholders in the electric vehicle market that have been slow to catch up, including automakers and battery manufacturers, can’t just begin to lay claim to future supply — they may get left behind. They’ll have to think years ahead and start investing way down the value chain, not just in fancy tech gadgets and batteries as a whole.

In the past, investing in, and planning for, core materials like graphite seemed unnecessary — the availability was taken for granted. Now, with the shortages and supply chain snarls here to stay, it just seems like a realistic and prudent business strategy.

Thank you, bbdd for posting Bloomberg's article.

It's only received 1 recommendation for the present, so it may not have been read by many, but it makes clear the pressure is on EV market manufacturers to secure supply of graphite "years ahead": Amitsoq and Kalaaq are looking ever more valuable:

... At this point, stakeholders in the electric vehicle market that have been slow to catch up, including automakers and battery manufacturers, can’t just begin to lay claim to future supply — they may get left behind. They’ll have to think years ahead and start investing way down the value chain, not just in fancy tech gadgets and batteries as a whole.

In the past, investing in, and planning for, core materials like graphite seemed unnecessary — the availability was taken for granted. Now, with the shortages and supply chain snarls here to stay, it just seems like a realistic and prudent business strategy.

Penguins is fully aware I have him on filter, I informed him quite a number of months ago.

Don't know when we will find out, could be later today.

I've got some filtered posts in the thread, Ibug, so ... we may find out what on Monday?

1.20/1.30 - back into warrant exercise territory.

103.1m shares traded in the first 7 minutes.

The last we heard from Alba about the dewatering is that they were very close to finalising their submission to NRW and hopeful of a positive response some time in February.

https://twitter.com/UKOGlistedonAIM?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

No thanks, Macron! UK rejects plans for Channel power cable after French blackout threat

... Responding to Ofgem's plans for sub-sea cables (Aquind's project), Conservative MP Sir John Redwood wrote on Twitter: "Why are there official plans for more cables to the EU to import yet more electricity?

"We need to produce more of our own energy and electricity, not less.

"The EU is energy short and cannot be relied on. They rely on Mr Putin."

These comments also come as Vladimir Putin's grip on European energy security has been laid bare.

The Russian President, who supplies the EU with around 40 percent of all its gas, has slashed volumes travelling into the bloc.

Wholesale gas prices have soared to record highs as a result, sparking fears of an EU energy crisis.

Apologies accepted, WG818, we all make mistakes.

If they exercise warrants, then, of course, the number of issued shares increases.

If you want to pursue that line of thinking, then please show your calculations.

For myself, while SOU's remains a "possible" offer, I will wait to see how things develop elsewhere.

I didn't post the whole thing because I didn't need to in order to make the points I wanted to make.

WG818,

Imho, given current circumstances, it's quite important to employ terms with precision:

there is no offer from SOU, there is a "possible" offer:

At present, "Sound Energy is currently only minded to proceed with the Possible Offer on the pre-condition that a recommendation from the Angus Board is ultimately forthcoming. This pre-condition can be waived by Sound Energy, ...".

The Langs have backed SOU's possible offer as follows:

G.P. (Jersey) Limited has entered into a hard irrevocable undertaking in favour of the Company ...

In addition, the Company has received non-binding letters of intent from ... Martin Lang and Jacqueline Lang in favour of the Company supporting the Possible Offer, ...

Disclosure from GP (Jersey) Ltd at 6:33pm:

they hold 11.59%

Well done!

The International Energy Agency is trying to figure out where 200 million barrels of oil went.

The adviser to energy-consuming nations said on Wednesday that observable global oil inventories plunged by more than 600 million barrels last year. That would be fine were it not for the fact -- based on its estimates of supply and demand -- that the decrease should only have been 400 million.

There is always a gap between the two, but the 200 million barrel discrepancy means the oil market could be tighter than previously thought. The gap could be a result of underreporting of demand or over-reporting production, the IEA said. Its monthly report is a benchmark for traders trying to evaluate the balance between supply and demand the world over ...

https://www.bloomberg.com/news/articles/2022-01-20/the-iea-goes-hunting-for-200-million-missing-barrels-of-oil?srnd=premium-europe&sref=Em01M8Hr

Now we are into warrant exercise space.

Aleph declare a stake of 1.67%

a former director has just disclosed his stake