Member Info for ocelot

pdf version:

https://www.rns-pdf.londonstockexchange.com/rns/2604O_1-2021-10-6.pdf

Perhaps the subject-title was a request for me to post this text a 2nd time, who knows?

The oil price makes the economics of success in Turkey look very attractive, given operating costs were estimated at $15 and the original oil price retained for the project was $40.

Will we receive an update re the collection of seismic data, which was planned to begin in August?

Also await news on the Lidsey appeal and re permissions for the conversion of HH -2z into a water injector.

There's no shortage of news on the short-term horizon. If any of this is favourable, then the share is looking undervalued (imho).

Saw my name in the subject-title, so scrolled down, but it's a filtered poster, so none the wiser.

It's time for the government to listen to those seeking to develop geothermal, Yanis :-)

Not a fan of Boris either, Yanis. Agree with your comments about him. But the UK's energy should be a matter of long-term planning, so it's his predecessors who are responsible for the current mess.

Totally agreed, Yanis. Has exposed the lack of long-term thinking and planning on the part of successive governments (can't blame Boris for this one!).

For how long have successive governments kicked nuclear energy into the long grass? Not many votes in it, that's been the problem.

Consolidated yesterday's rise and gained a little at the close, in better volume of 21.7m - a long way to go ... up.

GF's PR is great, he goes to considerable trouble to keep shareholders in the picture - I thank you, George, I can only wish some other CEOs would take note of your example.

Imho, GF does not need to show gold given that he is explaining very clearly the approach taken by the company which, for myself at least, makes a lot of sense.

It's really pretty simple to you, ZYX098, but ... I was talking about Loxley, hence the confusion on my part.

European gas prices surged again, bringing their gains over just two days to 60%, as the impact of soaring energy costs rippled through equity and bond markets and the European Union sounded the alarm.

Dutch and U.K. gas futures continue to hit fresh records along with rising power prices. Rocketing energy costs are stoking inflationary pressures and fueling concern that economic growth will slow, prompting a slump in European stocks.

“It looks like a classic short squeeze to me,” said Ronald Smith, a senior analyst at BCS Global Markets, who expects the latest spike to be short-lived. “I expect we’re going to see some traders going bankrupt and liquidating their positions.”

Global gas and coal markets have tightened just as the heating season starts in the northern hemisphere, with limited supply failing to catch up with recovering demand. Colder weather is forecast for Europe next week, with temperatures across the mainland set to drop below normal levels...

https://www.bloomberg.com/news/articles/2021-10-06/europe-gas-extends-record-rally-with-surge-above-130-euros?srnd=premium-europe&sref=Em01M8Hr

Pretty confused now, ZYX098, we're talking about a CPR for which project? I was talking about Loxley.

I've made my usual mistake: LOXLEY appeal, not Lidsey (which relates to Angus).

The oil price makes the economics of success in Turkey look very attractive, given operating costs were estimated at $15 and the original oil price retained for the project was $40.

Will we receive an update re the collection of seismic data, which was planned to begin in August?

Also await news on the Lidsey appeal and re permissions for the conversion of HH -2z into a water injector.

There's no shortage of news on the short-term horizon. If any of this is favourable, then the share is looking undervalued (imho).

ZYX098,

Wasn't twisting your reply at all, ZYX098, you hadn't understood what I had written (imho).

The answer to your question is: when they have undertaken the necessary work.

ZYX098,

I was suggesting they would need a CPR in order to raise funds, not that they already had one.

Late-reported trade of 500k shares at the closing price of 1.00p.

Another good sign is this.

Angus rose from 0.875p to 1.00p today. In so doing, it broke through all of its moving averages, from 5-day to year-to-date:

https://www.barchart.com/stocks/quotes/ANGS.LN/technical-analysis

Closed at 1.00p

Volume wasn't big, but there were virtually no sells all through the session.

price monitoring extension