Member Info for ocelot

If the market cap could rise to, say, about $100m (about 1.25p per share), then Alba might begin to become accessible to more investment managers and generate more research coverage, currently limited to its own broker.

Presumably, sales of UKOG at the present level are simply sales of lassitude, the holders having tired of waiting for information.

I used the word "all" in the context of the revised P50 forecast contained in the RNS of 23/09, £15.64m being less than 50% of £33.0m.

Even allowing for the revised capex, the Company's reworking of the CPR calculations show the Company's share of the Field's post tax revenues net of costs would be of the order of GBP20m on P90, GBP33 m on P50 and GBP60m on a P10 valuation. (RNS of 23/09)

You're quite right, I had only seen one of them, thank you for that.

from 5.12%: threshold crossed yesterday, 28/10.

One thing we do know about SS is that he doesn't give up easily, so let's see what he can achieve with HH-1 (and, later, HH-2z).

Totally undervalued again:

Market cap at 0.625p per share: £4.5m

Tax losses in AEWB No.3 Limited at 30/09/19: 40% of £15.64m = £6.256m, ie 139% of the market cap.

All Saltfleetby has to do is generate taxable profits of £15.64m for those losses to be absorbed.

I know of several cases where a finance deal like this has fallen through/been withdrawn at the very last moment without any warning at all.
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Negotiations were clearly a long way advanced with the international bank, so ANGS have already had an experience of that happening - they are likely to be very prudent in any information (if any) they release to the market before the deal is concluded.

A cancelled trade of 3m shares has exaggerated advfn's volume figures: they show 12.0m but 6.0m (2x 3.0m) should be deducted from that figure.

The loan repayment is an omission, yes.
They've provided some photos to update progress on the pipeline, I wasn't expecting anything more while work continues. Would not expect them to provide an update on the loan facility until they are very sure of its conclusion, which, hopefully, could be very soon now.

Didn't think to see it back down to this level again - oh well!

Well, it certainly makes a difference of 0.0025p on the closing price!

How come the price for you, Tymers, is 0.14p and for everybody else 0.1375p?

Is that because you have that red symbol beside your name :-)

You're right, highroller, the loan repayment was due 24/10, which was Saturday.

Think we can assume they are pretty busy at the present time.

Exempt, yes.

volume on AIM:
yesterday's session: 64.8m
so far today: 88.6m

Thanks, Northern_Scot, but will just carry on with the present set-up, ads and all!

Northern_Scot, I have Adblock but it isn't blocking these ads.

Wish the ads would become temporarily unavailable at the same time as chat!

"... a demonstration of our determination to take Alba to the next level."

The share price level I would like to see is about 1.25p, because that would be equivalent to a market cap of about $100m and mean that Alba has become a small cap (taking $100m to be the lower threshold for a small cap).