Member Info for ocelot

". But it owes it to its investors to be far more transparent than it ever has been or indeed is still being. "
-----------------------------
"than it ever has been" makes redundant "or indeed is still being".

ress2003 reckons we should know whether they are adhering to their timelines by mid-January.

The next couple of months are going to be active ones!

A positive post from someone working in the industry - appreciated.

Environmental damage from burning oil in cars or planes should be assessed, as well as the benefits of oil production, campaigners told the court of appeal in London today. (from the headline of Drill or Drop's article of 17/11).

On the same basis, the environmental damage from the production of cars or planes should be assessed.

If Sarah Finch was to win her case, the problems for the economy would multiply because legal teams could then seek to apply the precedent to other sectors besides that of oil production.

Decline in the share price encouraged buying, that's what the market-makers are there for.

There’s good all over the planet but if you can’t get it out it’s worth nothing
------------------
Understand what was meant but it's a nice idea, mining for good.

Relatively quiet day's trading on the market, UKOG's volume is the 9th highest.

Alfreddie,

This is GF's interview of the morning of the dewatering RNS of 01/11 - I'm not at all sure "behaving like a rabbit in the headlights" is the appropriate expression:

https://www.**********.co.uk/articles/alba-mineral-resources-mine-water-discharge-permit-at-their-clogau-st-david-s-gold-mine-88e4d04/

Headline from the Daily Telegraph:

Brace for new energy 'super cycle', warns Russian oil baron (Igor Sechin)
Chief of Rosneft, the world's second-largest oil company, says oil and gas prices are set to stay inflated as petrol tops 146p a litre

Headline from the Daily Telegraph:

Brace for new energy 'super cycle', warns Russian oil baron (Igor Sechin)
Chief of Rosneft, the world's second-largest oil company, says oil and gas prices are set to stay inflated as petrol tops 146p a litre

1) yes
2) and 3) 4-5p could be justified now, double digits in a 6-12-month time-frame, should Lidsey come good and the market begin to discount geothermal (all imho, of course)

Good to see the posters on the rival site have made Angus the 7th most active share forum - have them filtered, so don't know what has prompted the activity, but it all helps to raise visibility.

For the cross cut, they have spoken of about £1,100 per metre, this is, imho, a surprisingly modest figure.

For much of this year, rising inflation has been bad news for gold. Now it’s giving the metal a shot in the arm.

While bullion is often bought as a way to protect wealth when consumer prices are climbing, this year’s inflation had weighed on the metal as investors bet that it would spur the Federal Reserve to scale back huge stimulus measures. But with the Fed determined to keep rates low while unemployment remains elevated, worries about out-of-control inflation are boosting gold’s allure.

That was clear on Wednesday, when gold jumped to break out of a 15-month downtrend after data showed U.S. consumer prices rose the fastest since 1990. On Thursday, spot prices rose as much as 0.9%, before paring some of the gain.

Inflation “is not transitory,” said Nicky Shiels, head of metals strategy at MKS (Switzerland) SA. “It’s injected some bullish momentum. That’s a change from the previous ‘thinking’ since the Fed’s taper threat is out of the way.” ...

https://www.bloomberg.com/news/articles/2021-11-11/gold-s-back-in-vogue-with-bulls-loving-faster-inflation-again?sref=Em01M8Hr

GF not GL! (Alba, not Angus)

degsie,

I'm sure that is the case, it is what GL said they were seeking to do in his interview.

degsie,

In his interview following the dewatering news, GL spoke of the Llechfraith shaft as being 1 of 5 or 6 high priority targets.

Further, the Dolgellau gold field clearly offers a very wide range of additional opportunities (which it will take time to explore).

Imho, the gold is there and is of high-grade. Alba need to be given the time to explore and extract it, Clogau hopefully providing them with the necessary initial cash flow.

GL inherited a business with problems and wasted very little time in recognising those problems.

Saltfleetby, geothermal, the potential renewal of Lidsey, these are projects which offer a range of time-horizons, geothermal being the longest.

The £12m debt facility took much more time than anticipated to conclude but was concluded and now provides the financial context for the achievement of first gas at Saltfleetby.

The market has been remarkably slow to acknowledge what has already been achieved at Angus, but will begin to take note at some stage (hopefully, soon).

EchDelta,

Contracts are not being respected all over the place at the present time, because of delivery problems, etc.

As for buying stuff: If I buy a brand new car or used one for that matter, I agree a price and a collection date. That date is met...
-------------------
EchDelta, in normal circumstances, yes, but ... at the present time? For a new car?