Member Info for ocelot

Any future oil production is therefore expected to be economically robust at current $40/bbl oil prices as front end capital costs per barrel are relatively low and expected operating costs, derived from those at AME's nearby East Sadak field, are forecast to be comparable with UKOG's Horse Hill field operating costs at around $15/bbl. An equivalent production stream in Turkey will therefore pay back far quicker than in the UK. (RNS of 23/07/20)Brent at $59.50 less operating costs of $15 = operating profit of $44.50 or, at 1.37, £32.50.So 100 bopd for UKOG's share = annual operating profit of (£32.50 x 100 x 365) about £1.2m.

Alba Minerals Executive Chairman, George Frangeskides, will be providing investors with a general update on the Company and strategy for 2021 with a focus on the status of their UK gold assets and plans for drilling in Greenland.

Slightly more trades on Aquis than on AIM: 4.1m v 3.3m.

Supportive, Gallifreyan, eminently reasonable terms and it's important management's interests be aligned with those of shareholders.

Off the top of my head, FunkyGibbon, would have thought it lies in the 50m-100m range, but it will vary with the period of reference, of course.

Agree with your last sentence, think we are seeing clear signs of a stabilisation of the share price before, hopefully, a recovery.

The negative trade has become such a very crowded one, the recovery could be, initially, pretty dramatic (imho).

It's widening, Ozzy52, both for HH and, prospectively, for Turkey.

Angus Energy plc, a conventional oil and gas production and development company, announces that it has agreed the conditional grant of 26 million share options under the Company's existing Employee Incentive Schemes (the "Options") to Directors and other staff. The issue of the Options is conditional on the Company seeking additional authority from Shareholders to issue the Options at a General Meeting to be held in due course...

The share options have an exercise price of 1.5 pence per share (being a premium of 40% to the closing price on 3 February 2021) (the "Exercise Price") and vest as to 100 per cent., upon the share price being 2 pence or greater (being 33 per cent. above the Exercise Price). As per previous option awards, the options have a 10 year term from the date of issue.

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With about £40,000 of volume in total today and after months and months of net selling, imagine the impact if something positive was now to happen to trigger some serious buying

OK, got it, many thanks idespair!

Still don't see it, I'm afraid, where exactly?

30.1m for the day, per a rival site.

Valued at the closing price, that is only £40,635 of volume in all.

They've adjusted Forest Nominees' holding for the 1st placing in the list posted at 14:48.

The additional placing is conditional on the required authorisation being passed at the AGM.

It's really undervalued and attracting more and more attention!

So we have a new significant shareholder who have not reduced their number of shares.

You are quite right, Crocqman, the number of shares remains the same.

agreed

I see - 7.022% was on 01/02 and 5.872% on 02/02.

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He will reply to that one by saying he hopes to be in a position to provide an update by the end of Q1.