Member Info for ocelot

There's a total of 60m shares which were sold into the market within about a minute and were absorbed - that's a pretty solid market.

A bit harsh, SamLittle, Ninetails may make pretty depressing reading at times, but he's a disgruntled long-term investor, not a deramper.

"This was not something management chose to do of themselves."
Rubbish. Who chose it?
--------------
Shareholders.

Ibug,

Were they looking to raise anything at all via the open offer? This was not something management chose to do of themselves. Think they were surprised they raised as much as they did via the open offer.

So credibility, yes.

Despite all the disappointing setbacks, management retains the credibility to be able to raise c£5.5m in the market for its plans, as was demonstrated in July.

With its range of interests, it is a potentially much bigger company than its current market cap suggests.

I posted barchart's opinion a bit too early in the morning: it's now a 56% sell v 64% yesterday.

A reminder that July's placing and open offer were issued at 0.18p, no longer that far away from the current market price.

At 0.1675p in the middle, it has broken above all of its moving averages, ... just!

Maybe speculation ahead of the Loxley appeal decision.

Or, more generally, maybe a realisation that companies such as UKOG still have an important potential role to play in the economy.

2nd % gainer, biggest volume stock on the market, for the present.

Barchart's opinion is shifting quickly, down to a 64% sell this morning.

https://www.barchart.com/stocks/quotes/UKOG.LN/opinion

About 2kms in length, in line with the Cefn Coch-Union lode and bigger than the Clogau St Davids mine workings.

It's the first time Alba have provided a detailed map (on page 3 below) of one of their targets in the Dolgellau gold field, they clearly believe this target holds very significant potential.

https://www.rns-pdf.londonstockexchange.com/rns/5713O_1-2021-10-8.pdf

UKOG closed above the 50-day average yesterday.

The remaining moving averages are all closely bunched together, the highest, as of yesterday, being the year-to-date average of 0.167p.

Europe’s industrial sector has started to cut demand for natural gas, as record prices have made the fuel prohibitive for many consumers.

Average consumption to-date in October is 12% lower than its pre-pandemic level, according to data compiled by Paris-based consultancy Engie EnergyScan. Gas consumption had already started to fall in September, down 5% from the 2019 level.

“We are starting to see the beginning of a demand destruction trend in the industrial sector in Europe,” said Julien Hoarau, head at Engie EnergyScan. “Germany, the Netherlands and the U.K. are showing the largest reductions so far but we really need to wait for a few weeks to see if the trend is confirmed, notably when gas demand for heating will increase.” ...

https://www.bloomberg.com/news/articles/2021-10-11/eu-industry-starts-to-cut-gas-demand-amid-soaring-prices?srnd=premium-europe&sref=Em01M8Hr

Europe’s industrial sector has started to cut demand for natural gas, as record prices have made the fuel prohibitive for many consumers.

Average consumption to-date in October is 12% lower than its pre-pandemic level, according to data compiled by Paris-based consultancy Engie EnergyScan. Gas consumption had already started to fall in September, down 5% from the 2019 level.

“We are starting to see the beginning of a demand destruction trend in the industrial sector in Europe,” said Julien Hoarau, head at Engie EnergyScan. “Germany, the Netherlands and the U.K. are showing the largest reductions so far but we really need to wait for a few weeks to see if the trend is confirmed, notably when gas demand for heating will increase.” ...

https://www.bloomberg.com/news/articles/2021-10-11/eu-industry-starts-to-cut-gas-demand-amid-soaring-prices?srnd=premium-europe&sref=Em01M8Hr

12.3% up ... in volume of 120.9m shares, that's better!

Filtered.

showing as the 7th biggest riser on the market, may generate additional interest.

Given the modern techniques and technology they are able to employ, Alba are better placed than any of their predecessors to locate and extract the gold in the Dolgellau gold field.

11.8m+ at 0.1497p