Member Info for ocelot

eg., was very impressed by the speed with which he made one of the placings last year, taking full advantage of the rise in the share price.

And think the spin-off of Greenland Listco could well be, in these times of the Euros, a tournament-winner.

Much more relaxed about things than yourself, Yanis, prepared to be patient because I'm convinced it will come good.

Think GF is doing a very good job. Nobody can be expected to get everything spot on, but GF is getting most things right, imho.

500,000 ounces was the top-of-the-range forecast of the 2012 report for Clogau and the Dolgellau gold field, a figure the media have cited in reporting on Alba's progress, most notably the Daily Telegraph and the Times.

The gold, of high grade, commanding a substantial premium over the spot gold price, is there and Alba is working to locate it and extract it.

It's not something that can happen overnight (unless someone stubs his toe against a nugget!), but it does mean that Alba's current market cap is a pittance by comparison to its potential (and it's possible the 500k ounce figure will itself need to revised upwards).

So, imho, it's a question of enjoying the journey and admiring the scenery while Alba advances along the route.

Assuming there was something behind TW's article, we don't know if he got wind of a placing or of a preliminary testing of the market in preparation of a placing.

For those interested, SS actually gave quite a good brief resume of Basur-3 and its prospects at the AGM, in answer to a question. Approx 08:15-11:00:

https://webcasting.brrmedia.co.uk/broadcast/60633359d7d1917e69019aa2

Penguins,

We've had this conversation a number of times before.

Instead of counting posts, why not count words? If you do, then the probability is you yourself emerge as a major poster on this board.

... “We are at a tight supply-demand balance right now and if that tightness continues and it is followed by a cold winter, then we can see some interesting prices,” Niek den Hollander, chief commercial officer of Germany’s Uniper AG, said at an event last week.

“Nord Stream 2 has a huge impact in the short term because the EU is facing such historical-low storage levels,” said Sarah Behbehani, a former LNG trading executive who is now managing director at BEnergy Solutions DMCC in Dubai. “If we had higher storage levels, traders wouldn’t be paying so much attention to the project.”

https://www.bloomberg.com/news/articles/2021-06-22/europe-to-rely-on-russian-gas-as-much-as-ever-this-winter?sref=Em01M8Hr

It's been a long and rocky road but the future is beginning to look brighter for all of those invested in UKOG, imho.

It increases the anticipated operating margin in Turkey from ($40-15=) $25, at the time of the original Turkey RNS of 23/07/20, to ($75-15=) $60, ie by $35 or 140%.

.

ICE natural gas futures:

https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5101975

European natural gas extended its unprecedented rally as supply curbs sent prices to the highest in almost 13 years and stoked concerns over energy inflation.

Benchmark futures in the Netherlands on Monday rose 1.9% to the highest since 2008, extending this year’s rally. That comes after a longer- and colder-than-usual winter left gas storage sites across the continent depleted, while heavy maintenance in Norway is limiting flows and LNG imports to Europe decline.

“EU traders are not selling at all,” said Sarah Behbehani, a former LNG trading executive who is now managing director at BEnergy Solutions DMCC in Dubai. The Dutch gas market is “pricing in anxiety and fear right now,” she said.

The gains are fueling concerns about inflation as commodity price increases prompt some analysts to say the market has entered a new supercycle. Gas is so scarce in Europe that some utilities have turned to burning more coal, ...

https://www.bloomberg.com/news/articles/2021-06-21/eu-gas-stokes-inflation-fears-with-prices-near-13-year-high?sref=Em01M8Hr

Oil may surge to $100 a barrel next year as travel demand rebounds, Bank of America Corp. said, the strongest call yet among major forecasters for a return to triple digits.

Global oil consumption will continue to outstrip supply in 2022 as the economic recovery from the pandemic boosts fuel consumption, while investment in new production is crimped by environmental concerns, the bank said in a report.

“There is plenty of pent-up oil demand ready to be unleashed,” said Francisco Blanch, the bank’s New York-based head of commodities research. Brent futures traded near $74 a barrel on Monday...

https://www.bloomberg.com/news/articles/2021-06-21/oil-may-hit-100-a-barrel-next-year-on-demand-rebound-bofa-says?sref=Em01M8Hr

Could be wrong but expect it to spud before the fundraise, yes.

Expect a flow of updates re the drill and for UKOG to raise funds at some stage during the drill.

Yanis,

Even if it's not a closed period (and I've not bothered check but assume it is), GL is strict on this kind of thing and would want to get the interims out first (imho).

Ninetails,

Many thanks and best wishes to you.

Think the hardest part of the shift may well be in the past now.

Interims were released on 23/06 last year.

Senior legal counsel continues to advise that, given SCC's cited reasons for refusal, there are strong grounds to expect a positive inquiry outcome for the Company.

Think it is clear that relations between UKOG and AME are good.

... Saudi Energy Minister Prince Abdulaziz Bin Salman said last week that it is his job, along with others, to ensure that a new super cycle in global oil prices doesn’t happen. To do that he’s going to have to manage the return of OPEC+ production just as carefully as he’s managed its reduction — and perhaps ease up on the caution for which he’s now known.

https://www.bloomberg.com/opinion/articles/2021-06-20/oil-price-spike-opec-must-manage-shift-from-lack-of-demand-to-lack-of-supply?srnd=premium-europe&sref=Em01M8Hr