Member Info for ocelot

From 23:22 , GF speaks of the costs of their development plans:

ball-park figure of about £1,100 per metre, so cost of the 48 metre cross-cut is about £50,000, a relatively modest figure.

18:56: re the Habitat Regulations Assessment:

report for NRW "sitting on Mark and my desks as of very late last night"

GF at 10:00:

"We have the resources to make things happen".

Mark Austin, from 08:22:

also looking a little bit more regionally than Gwynfynydd, ... already started stream sediment sampling, ... getting some very positive results, ... all looking very positive for the future.

On page 2 of the Times there is a list of 6 "possible solutions" to the UK's gas crisis, the 6th reads as follows:

Produce more gas domestically.
The UK has enough gas buried beneath land and sea to last more than 40 years but it is becoming more expensive to extract.

If the sidetrack produces the extra gas, will it reduce the hedge percentage of the gas produced. Asked on 1 October 2021

Yes. The hedged amount is fixed so incremental gas is unhedged.

I'll amend that:

my comment is that GL and his team have my full confidence.

Think they are in the process of creating a company with very substantial potential, in the near and in the longer term.

Continue to believe the stock is grossly undervalued.

No comment.

cuddothisnow,

What are the resolutions you propose to put to this EGM of yours?

If they are comfortable with how things stand financially at the present time, that is in part attributable to the IPO of Greenroc.

Greenroc will doubtless need to raise more funds in the future, as it seeks to develop TBS and Amitsoq. Alba is now free to decide to what extent it participates in those future fundraises or whether it chooses to let the size of its holding in Greenroc reduce in percentage terms.

From the financial point of view, it was interesting to hear GF say that they are always prepared to keep an eye open for new opportunities.

Does suggest they are comfortable with how things stand financially at the present time.

The financial figures were more encouraging than I expected:

About £850k in cash coming back to them from Greenroc (£350k of IPO costs; £500k of drilling costs);

only about £50k for the cut they are planning to make underground.

bullish on Greenroc, spoke of the ambition for Greenroc to be the next big Greenland mining company.

Yes, ian12, for about 3 minutes from 02:00:

https://www.youtube.com/watch?v=AzhjjTj6LWk

volume of 66.3m so far

Because its 54% of a bigger company, Greenroc having raised funds via its IPO.

The Daily Telegraph: Ofgem has opened the door to a major relaxation of energy price cap rules which would expose millions of households to the risk of sudden price increases. (from Citywire's Friday papers round-up)

You are entitled to your opinion, WG818, and you are perfectly free to express it.

Personally, I think you are barking up the wrong tree.

Where should Angus be trading today?

6p, 7p, 8p, at a guess.

WG818,

Whatever you choose to hint doesn't change the fact that ANGS is obviously grossly undervalued.