Member Info for ocelot

Reminder of FlagStaff IR's post of 09:46 today.

And if they were to lose and costs were awarded against them ...

Thank you for your post, jeffrey2406 - that is good news!

PS: I should add: I think the action group were wise to let drop their legal efforts. I think the exercise would have proven expensive, both financially and in terms of time.

It shouldn't be forgotten that the "BS" posted is, in fact, plan B, a way of admitting the failure of plan A, to mount a funded legal challenge to ANGS.

Market tends to anticipate developments about 6 months ahead, so it is about now that the share price should begin to reflect the achievement of first gas.

The CPR was published on 05/03/20 (on that day, the share price surged ahead to touch 1.25p during the session and almost 30% of the company's share capital turned over) and they are working on progressing the project at the present time.

6.2. Calculation of Gas Price forecast at the Theddlethorpe Sales Point

Table 6-5 presents a forecast of the net Sales Gas price received by AEWB from the off taker at
the Theddlethorpe entry point. The basis of the forecast is the National Balancing Point Monthly
Forward Curve for 10th February 2020 until 2026. After 2026, the price is escalated by 2% pa
thereafter. (p48)

2020 Oct-Dec 32.49p
2021 34.92p
2022 39.33p
2023 42.08p
2024 41.41p
2025 42.24p
2026 38.90p (p49)

Another question, FindingAlpha, is why?

What is it they are trying to achieve?

It would, at least, constitute rational behaviour if they were looking to buy in (or buy back in) cheaply, but that doesn't seem to be the case.

Happily, Alba is not looking to raise £45m ... just yet!

Agreed, Mirasol.

Personally, was hoping to see about 800 bopd, from HH-1 (Portland + Kimmeridge) and HH-2z, having already reduced my expectations for HH-2z.

The cash flow required to finance the development of their assets is no longer there.

Bring to your attention an article in the Times today, next to the market report.

"Aim is set for its first IPO in almost 4 months after AEX Gold announced plans to float on London's junior market ...".

Listed on Toronto Stock Exchange. Hopes to raise £45m when it joins Aim, it hopes, some time this month, which would value the business at £90m.

Owns the Nalunaq mine in Greenland, which it wants to bring back into production.

Chaired by Graham Stewart, former CEO of Faroe Petroleum.

for the number of posters on this board.

Hopefully, that augurs well for the future evolution of the share price.

There may also be news re the selection of processing equipment.

The submission of the revised Balcombe application could happen any day now.

Suspending judgement for the present!

Appreciated the question you submitted on Angus's Investor Questions page.

5 trades, volume of 604k shares.

That is true, DonkeyV!

It's a bit like a Trump rally: the faithful are galvanised, everybody else is antagonised.