Member Info for ocelot

Should have specified that the 50-day ma is at 0.215p.

Volume isn't great, but selling seems to have fallen away.

Mid-price of 0.22p has now gone over the 50-day moving average. Volume of 32.6m.

Angus have the same deadline for their interim report as UKOG: they released theirs at 15:44 yesterday, so it can come at any time of the day.

Presumably, they are not (or were not, at the time) intending to make use of the delay.

Hi, can you clear up your strategy regarding the sidetrack at Saltfleetby. Are you planning this before first gas, or next Spring?

Interim report deadline day (or notification to the market there will be a delay of up to a month because of the pandemic).

As at 31 March 2021, the group had GBP591,000 of available cash. Subsequent to the period end, the Group closed the Satlfleetby Financing Facility and has drawn down an initial amount of GBP5.84 million. Having regard to the above, the directors believe it appropriate to adopt the going concern basis of accounting in preparing the financial statements.

Outlook

With the Saltfleetby project now fully funded and oil and gas prices recovering from their lows of last year, we look forward to first gas in 2021. As we work hard to achieve this, we remain focused on delivering value from all the assets in our portfolio, which includes our Geothermal project. Together with our funding partners we are well placed to take the company forward and achieve our objectives.

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Not so sure about that. To get the IPO away in good conditions you want to offer subscribers the prospect of some of the potential rise in value.

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Many thanks, that clarifies that! Tomorrow, therefore.

The interims were released on 23/06 last year. These things tend to adhere to a pretty similar pattern each year.

Whether it's a close period or not, GL will not want to be doing anything in the shares just before the release of interims, it doesn't look good.

They are all Swiss and have been celebrating the result last night.

Have you checked Aquis trades?

The 50-day moving average today is 0.215p

A very good day, the drill has begun on time.

The share price ended flat on the day, but, with progress being made on, and under, the ground, the share price will come to reflect that progress.

Got to let the sellers out (they will sell anyway). The trick, if at all possible, is to bolt the door after they've left so that they can only return at higher levels.

:-)