Member Info for ocelot

It's consolidated very nicely last year's impressive rise from about 0.05p to about 0.55p.

Prospects for Clogau look very promising indeed, as they do for the Dolgellau gold field.

We may hear more news about plans for Greenland soon.

Imho, Alba is undervalued and poised to move higher (but don't ask me precisely when!).

totalled about 8.889bn during the last 5 sessions.

Another 2.369bn this morning makes 11.258bn, ie 87% of issued capital.

Old money exits, new money enters.

The cost of the 1st well and seismic is capped at $5m.

The last placing raised £2.2m for initial drilling and seismic costs.

The rise in the share price has principally occurred since the 200-day moving average of 0.167p was broken.

According to Zak Mir, the next target for chartists is 0.90p.

Imho, that looks about right, because, on the way down, the share fell in a near-straight line after breaking its floor in the 0.80-0.85p zone.

The only problem with advfn's volume figures is that they don't recognise the minus sign of a cancellation so, say 200k - 200k totals 400k instead of zero.

wizard,

My volume figures and those of broad are coming from advfn. If one wants, one can see each trade going through. 1.026bn now.

wizard,

Where are you getting your volume figures from?

They seem to be 15 or 20 minutes behind the times: 962.3m now.

phenomenal volume - 700m in 20 minutes.

Alba is more than gold alone, even if the gold is very exciting.

It may not be the RNS some PIs were hoping for but it is nevertheless a positive RNS:

they have identified 3 targets for follow-up work in their Limerick licence area.

pdf version:

https://www.rns-pdf.londonstockexchange.com/rns/9057U_1-2021-4-8.pdf

If we assume today's weighted average price was, say, 0.30p, then it's about £15m of trades that were dealt today.

In those conditions, I really don't think the next placing should cause any problem - on the contrary, it could be over-subscribed.

Volume over the last 5 sessions totals about 8.89bn, ie about 69% of issued capital.

That was a very impressive session.

Wouldn't attach too much importance to the percentage gain of recent days, there didn't seem to be any fundamental reason why UKOG fell as low as it did.

The rise in the share price is greatly easing UKOG's funding requirements: much easier to raise money on the back of a market cap of £40m than of £15m.

Don't think Alba's holding has changed after they increased it: their holding is in HHDL which owns 65% of HH.

More than 25% of UKOG's share capital has changed hands so far today: the ownership of UKOG is changing before our eyes.

Not forgetting Alba, which multiplied about 11 times from its low last year (it has since given back a part of those gains)

What the MMs know is what the market is doing, some buying interest, lack of selling.