Member Info for ocelot

Bubblepoint,

In his recent interview (on UKOG's home page), SS said they are looking to retain at least 50% in negotiations with an eventual partner.

"Where do you think the funds to do all of the above will come from ? And don't say "HM Gov" !!!"

Too early to ask this question, let's wait to learn more about the identity of an eventual infrastructure industry partner.

If you buy back stock you have sold, you decrease your net position, you don't increase it!

Which ones were those, jlovie?

If, therefore, they picked up stock during the placings, they have increased their stake since.

Threshold crossed on 23/10, UKOG notified today

Those for Q2 were published on 21/07, this is the latest the quarterly production figures have been released.

More than undervalued, SB believes the share price is "grossly undervalued".

OldAIM,

If "it is easy to use figures that best suit the narrative you want to spin ...", what do you say to those who claim UKOG always closes in the red when it has risen 130.4% in about 7 months, an annual rate of return of about 224%?

The truth is those forecasting the imminent demise of UKOG at the time of its suspension under-estimated:

1/ the resourcefulness of management;

2/ the willingness of the market to reassess the company's potential.

So that's a gain of 130.4% in less than 7 months but, for the sake of simplicity, let's make it 7 months.

Annualised that give us 130.4 x 12/7 = 224%.

Derampers will presumably claim that 224% is nothing and can be achieved by investing in almost any stock. Nevertheless, it's not a bad return.

Price at suspension: 0.0102p

At 0.0235p, the gain since suspension has been reduced to 130.4%

Don't like to specify a "target" figure but believe it could easily be quoted at double its current price.

That the stock is substantially undervalued.

FWIW, the mid-point of the valuation range is £85m, more than 10x the current market cap.

Funding of up to EUR 5.2m.

"EIFO may only convert into a maximum of 10% of the issued share capital of GreenRoc, ..."

So EUR 5.2m entitles EIFO to 10% of GROC, valuing GROC at 52m euros (at 1.15 = £45.2m)

"The Loan converts into Ordinary Shares at a price equal to their market price at that time, less a 20% discount, subject to a valuation floor of £30m, and a valuation ceiling of £140m".

A valuation floor of £30m, a valuation ceiling of £140m, that is a very big valuation range but, whether we take the floor or the ceiling or somewhere in between, it offers very substantial upside potential from the current price.

"Where do you think the funds to do all of the above will come from ? And don't say "HM Gov" !!!"

Too early to ask this question, let's wait to see the identity of an infrastructure industry partner.

It's a trick of shorters to sell into good news, in order to discourage holders and buyers, but there is no evidence of shorts above the threshold (0.5% of issued capital) requiring declaration.

Nope, Mirasol, the share price is the share price, no matter how many shares have been issued.

... leaving a gain of about 150% for those invested at the time of suspension.