Member Info for ocelot

It actually ticked up on the UT at the close to 0.45p, above the mid price of 0.44p.

Once again, it picked up on the UT at the close: 0.17p.

Have you got the right hearing?

It wasn't before the Court of Appeal and there is just the one judge.

Yes, looks as if there will be quite a bit of news coming through more or less at the same time.

10m+ shares traded on AIM, about 7m on Aquis - Aquis playing a bigger proportionate role than usual.

https://drillordrop.com/2020/11/17/oil-court-case-challenges-future-big-carbon-developments/

If Mrs Finch has a case, it will be listened to, if she doesn't, that will be the end of it (at least, for this time!).

Think the worst may be behind us, which, if so, is already positive.

What was the reason it fell so low?

But I see ocelot is still avoiding mentioning the actual content of those assets ...
--------------------------
That's because this is an issue of concern to yourself, Penguins, (for myself, I am satisfied with the group's accounting policies, as detailed in the last annual report).

Book net assets at 31/03/20 of 0.38p per share.

At 0.1675p, UKOG's share is sitting on a discount to book net assets at 31/03/20 of 56%.

PS: there are no tax losses included in net assets, because these can only be accounted for as an asset when there are good reasons to think they can be recovered against taxable profits.

It remains true, however, that if accounting losses = tax losses, then the value of tax losses at 40% exceeds UKOG's current market cap.

Penguins,

The figures for the half-year to 31/03/20 are unaudited, the group's accounting principles can be found in the last annual report to 30/09/19.

As I understand it, it's not an appeal, it's an application for a judicial review.

Book net assets at 31/03/20: £47.859m.

On the basis of the current issued share capital = 0.38p per share.

The half-year figures to 31/03/20 are unaudited, the group's accounting policies can be found in the annual report to 30/09/19.

Market cap at 0.165p per share: £20.58m

Net assets at 31/03/20: £47.859m

Tymers,

I think the share price may have overshot on the downside, just as Alba's did when it fell to about 0.05p.

I wonder if, fairly soon, the current share price level won't appear to have been an aberration.

Friday's session was the most positive for UKOG's share in a long time (in terms of volume much more than in terms of price).

Are things on the point of turning up for the share?

From the past, we all know the share price can spike upwards very quickly on occasions.

Alba's management have always been very factual and detailed in their RNSs.

When they employ words such as "huge regional gold potential" and "massively under-explored", they are communicating to the market their excitement in what they have already found.