Member Info for ocelot

Per the RNSs, the placing shares were being admitted for trading today.
No evidence so far of any additional flow back. On the contrary, all very quiet.

G.P (Jersey) Limited 8.64%
Knowe Properties Limited 6.55%
Spreadex Ltd 3.51%
The above information was accurate as at 6 December 2021.

Those who believe the price can rise and the spread reduce.

Before digging up the gold under your house, HereKittyKitty, it would probably be prudent to locate it first and to determine its likely quality.

Whatever the reason for the presence of the rig on site, we can all see that the level of activity at Saltfleetby is increasing noticeably.

Why do you say it is illiquid?

Bigger late-reported trade: 5.7m- at 0.68p.

Do wonder if there might not be some news quite soon re a partner at Lidsey, given the wording of the placing RNS:

The net proceeds of the Placing will be applied towards:
...
-- Planning and regulatory matters in respect of its current oil fields, including work to resume production at Lidsey during Q1 2022, subject to regulatory approvals; ...

Hence UKOG's interest in the Resan field, it isn't subject to the UK regulatory regime.

Europe’s energy crunch is set to last as electricity prices climb to a record, fueling inflation and raising bills to millions of households and industries from Germany to France and the U.K.

Power prices for delivery next year surged almost 11% in Germany and 7.7% in France as freezing weather forced European utilities to resort to burning more gas, coal and even oil to keep the lights on. High prices this month is spilling into futures contracts for the following years, a sign that the crunch could last longer than many expected.

The world is facing energy shortages as economies recover from the global pandemic, boosting demand. At the same time, supply hasn’t been able to keep up due to years of lower investments in fossil fuels. Europe’s wide network of renewable energy sources hasn’t kept up either as low wind speeds reduced output for most of the year ...

Europe has been shifting away from fossil fuels and even nuclear power in a bid to reduce emissions. That’s leaving the continent relying on renewable power such as wind and solar, which are intermittent sources.

The closure of conventional power plants that can be quickly turned on and off “is increasing the impact of renewable energy production on market pricing,” commodities trader Trafigura Group said in its annual report. “The structural shift away from coal and nuclear towards wind and solar is also causing severe strains in the power system.”

https://www.bloomberg.com/news/articles/2021-12-08/energy-crunch-sends-benchmark-european-power-prices-to-record?sref=Em01M8Hr

https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188708

Jan 22: 262.040p

Europe’s energy crunch is set to last as electricity prices climb to a record, fueling inflation and raising bills to millions of households and industries from Germany to France and the U.K.

Power prices for delivery next year surged almost 11% in Germany and 7.7% in France as freezing weather forced European utilities to resort to burning more gas, coal and even oil to keep the lights on. High prices this month is spilling into futures contracts for the following years, a sign that the crunch could last longer than many expected.

The world is facing energy shortages as economies recover from the global pandemic, boosting demand. At the same time, supply hasn’t been able to keep up due to years of lower investments in fossil fuels. Europe’s wide network of renewable energy sources hasn’t kept up either as low wind speeds reduced output for most of the year ...

Europe has been shifting away from fossil fuels and even nuclear power in a bid to reduce emissions. That’s leaving the continent relying on renewable power such as wind and solar, which are intermittent sources.

The closure of conventional power plants that can be quickly turned on and off “is increasing the impact of renewable energy production on market pricing,” commodities trader Trafigura Group said in its annual report. “The structural shift away from coal and nuclear towards wind and solar is also causing severe strains in the power system.”

https://www.bloomberg.com/news/articles/2021-12-08/energy-crunch-sends-benchmark-european-power-prices-to-record?sref=Em01M8Hr

Agreed, Torreaguas, don't like to see anyone lose money, hope WG818 can recover at least a part of his losses.

If anybody is thinking of averaging down, then, imho, now might well be the time to do it, while the share price is depressed by the recent placing and ahead of further updates re Saltfleetby.

I am actually BV. One of a small army who are so underwater that is pointless selling out.
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Have you thought of averaging down, WG818?

Markets anticipate.

To date, ANGS has been an exception. Personally, am not expecting it to remain an exception much longer.

That is for each investor to judge for him/her-self.

At some stage, the market will change its perspective, be less concerned about the next hurdle to be negotiated and come to the conclusion that, on the basis of what has already been achieved, ANGS is undervalued.

I've taken a look at the board of another oiler just recently.

My conclusion: this board is a relatively civilised place.

So congratulations everyone, for maintaining certain standards on this board.

From the update RNS of 01/12/21:

1) Elster-Honeywell Metering and Analysis skid in early December 2021

As per the update, 07/12.

Ibug, I've got some informative news for you.......you naysayers ARE the trolls.....doh (1 recommendation for the present)
ozzy
I have news for you. You are the naysayer for disagreeing with me first so guess that makes you the troll. (5 recommendations for the present)

Almost identical posts, provides an indication of the weighting in favour of negative posters on the board (imho).