Member Info for ocelot

Presumably, this supported the placing:

http://www.angusenergy.co.uk/wp-content/uploads/2020/09/Angus-Energy-Investor-Presentation-Sept-20.pdf

Retail like-for-like sales up 16.5% in the 4th quarter.
That should mean more than a 16.5% rise in earnings.
Hopefully, analysts will be projecting healthy growth in underlying earnings in 20/21.
Looks very undervalued to me.

this evening ... or tomorrow morning.

May get a response this evening, especially since some of the questions follow on from Thursday's conference call.

http://www.angusenergy.co.uk/media/investor-questions/

Looks as if someone was awaiting positive news in order to reduce their holding, so we will have to wait for him/her to complete their selling before the share can bounce back.

The share price can do what it wants to do, but it doesn't change, and it is no where near reflecting, the "huge" gold potential of Alba's licence area which has been "massively under-explored".

Always cautious in their use of words, it is for investors to interpret for themselves management's use of the words "huge" and "massive".

They will have to, no other way of funding Turkey, in particular.

It's just a question of when, how much and the price.

[Austin] 'I think the old timers took what was obvious, so WE'RE NOW APPLYING OTHER GEOLOGICAL TECHNIQUES that they didn't have available in those times. One of them as George said is diamond drilling. We can do exploration from their old workings and FIND PARALLEL VEINS. The last 50 or 60 years geological science has come on in leaps and bounds.'

Maybe later in the session!

Retail trading over the fourth quarter remained strongly positive and reflected both a robust home improvement market and the strength of the Topps business model. Retail like-for-like sales grew by 16.5% in the 13 weeks to 26 September 2020.

The strong finish to the year, with the Retail like-for-like sales performance being robustly ahead of the comparative period, gives the Board confidence that the Group will generate a modest level of adjusted profit before tax(1) for the 52 weeks ended 26 September 2020.

Appreciated.

Best wishes.

11 anomalies, 1 of which is Clogau.

25-30kms, 9kms of which have produced the 10 additional anomalies.

"Massively under-explored" (GF).

The presenter: "the team here believe there could be lot more" (gold than that extracted over the last 150 years).

GF: the Dolgellau gold belt is "massively under-explored"

That's good news, too, minden. Thank you for your post.

GF spoke of creating a local information centre relating to the mine, that does sound pretty confident.

Dolgellau is in Gwynedd, so not affected by the latest restrictions affecting 4 counties in North Wales.

From the BBC:
... Conwy, Denbighshire, Flintshire, and Wrexham will face the same restrictions as those in place in most of south Wales.
The lockdown measures for the north Wales council areas will come into effect at 18:00 BST on Thursday.
Vaughan Gething, Wales' health minister, made the announcement in the Welsh Parliament on Tuesday evening.
He said there was a similar pattern of transmission in the four north Wales counties as had been seen in the south, but rates in neighbouring Gwynedd and Anglesey currently "remain low"...

Many thanks, jimmcdee, that's great!

But saint-tropez isn't alone in seeing major upside potential in Alba.

.