Member Info for ocelot

But if investment in major oil projects diminishes, the effect on the oil price could well be to boost it.

Budget tomorrow, see if we learn any more about the government's green infrastructure bank.

May increase the range of financing options available to Angus.

"... the significant dimensions of the Llechfraith Lode, as defined by the drilling so far completed, indicate that this could well be a significant contributor to future production at Clogau-St David’s.”

Every word is carefully chosen: Mark Austin doesn't just say "this could be", he says "this could WELL be".

Yes, they probably had 2 draft RNSs prepared.

Note they speak of "evaluating ALL of the options available".

Angus Energy plc (AIM: ANGS) is disappointed to note that West Sussex County Council's Planning Committee has rejected the Company's planning application for an Extended Well Test. The Company is presently evaluating all of the options available with its partners.

Angus's ewt at Balcombe voted down, so that further delays exploration of the Kimmeridge.

Have to await their official grounds for binning it.

In UKOG's case at Loxley, the SCC's grounds were extremely flimsy.

Have we had the vote? If yes, how many voted for, how many against, please?

• Alba is in the process of drawing up plans to directly access this newly identified
lode structure at depth in order to assess and collect ore for future processing and
mining

It is difficult to be more positive.

pdf version:

https://www.rns-pdf.londonstockexchange.com/rns/7843Q_1-2021-3-1.pdf

Among the details emerging on the plan, Sunak will pledge 22 billion pounds for a previously proposed infrastructure bank to boost the country's green economy, the Treasury said in a statement on Saturday. The bank will offer a range of products, including equity, loans and guarantees, to support projects in sectors such as renewable energy, carbon capture and storage and transportation.

... of £550k.

No financial debt.

The only significant liability is the 3rd instalment due to PW Well Test in about 5 months.

Point taken, ZYX098, and, in itself, your post is quite encouraging.

But, given all of the current uncertainties, I must confess I am relieved UKOG has no financial debt at the present time.

Simply not interested in such "ifs", balancedviewer.

First there is Horse Hill where UKOG has failed to commission a CPR that we have repeatedly been told will enable RBL rather than dilution, alhough planning to do so (twice)...
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I've pointed this out before, Penguins, but I will point it out again:

according to Angus, the market in RBL finance is not what it was and the minimum ticket size for RBL finance is now $20m.

Haven't answered your questions, balancedviewer, because I haven't understood why you are asking me, but I will say this re:
1/ the answer will be provided by the councillors on 02/03;
2/ the question should be put to the relevant business partner.

I'm sure any new investors will be watching Angus like a hawk.
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Somewhat illogical thing to say.

Those who feel Angus should be watched like a hawk are unlikely to become new investors in Angus.

That was because of the rush to get the RNS out immediately.

1/ answers to Investor Questions
2/ 02/03: Balcombe planning meeting decision
3/ 04/03: webinar
4/ soon, annual accounts for the year ending 30/09/20