Member Info for Oktane

Speaking of mark-to-market losses, has our ace average-downer BV been banned?

Or did he sell everything during the micro-second we traded at 0.60 last week, and so far has forgotten to tell us?

1.16 vs 5 in the USA partially reflects the immense difficulties all energy extraction faces today in the UK from excessive regulations. After all, the genius PM May signed us up to net zero, an economic death sentence for most industries.

Even under Joe Biden, it is far, far easier to get an energy project up in running in a Republican run state.

Would our position builder eager for a 100% profit be todays £1,912 buyer, or is he the sneaky £13.65 value buyer?

Asking for a friend...

In liquid wholesale markets I have seen a huge order move prices 5 to 10% many, many times, then falls back to where it was.

How market-makers afford new cars is big vlume...

Gordon yesterday's run up was the liquidity cost of someone(s) buying maybe 40 million shares. Same thing happened on the refinancing news, someone bought +20 million shares and it went 0.45 to order filled at 0.60. Needs further buying or we will drift lower, as so far today.

Be thankful no one is dumping 10m blocks of shares!

My take on yesterday is one or more significant buyers stepped in, and after trying to go lower for many months they did not find much on offer until near resistance, which will be 0.60 to 0.70. Usual trend following then happens. No reason for an RNS, unless, which is all too common on AIM, some good news has leaked early and connected parties got in early.

Need to see continued good volume this week, no need for news but must get buyers to hold or go higher in my view.

Between warrants amounting to 300 million shares, the buyer on +20million shares at 0.60 on the refinancing news that has never seen a positive mark-to-market, tons of stranded longs, and the ever present risk of a raise for working capital, wise to keep a close watch on any new buys "for the breakout higher". GLA

Wow, nice to finally see a pop in price here!

Now we need to see much bigger volume and we should be able to hold some gains. Not in, but happy for ultra long-term under water holders getting a gasp of air in here!

Ocelot current share price is a function of: (to date net profits / debit-hedge service costs)

Until this actually changes, few will asign much value to the 4 billion shares.

An aside: Did BV finally get banned, or so busy averaging down no time for playground level comments?

With liquidity within a rounding error of zero at £1,000 worth traded at 16.00hrs, not clear holders have any option but to wait...

No need for any detractors, market at 0.34 bid 0.40 offer with volume of 7,000 shares say it all.

No amount of playground insults can alter the above.

Step aside Bv, let the pro rampers show us how its done!

Without the insults!

Far more likely Aleph Commodities Ltd dumping the 25m shares they just received as an arrangement fee than any other motivation, the amounts just happened to coincide...

Forwards are the future value of today's price (present value) using the asset funding cost and return, if any, to adjust for arbitrage equlibrium. The actual forward rate can vary from this due to market sentiment and other reasons.

However no one with markets knowledge actually expects say the spot price to = the current June25 price in 15 months time, it is at best a current indication.

Most of us here, outside The Matrix, experience "mark-to-market" pain and pleasure.

HeadInTheSand I believe this sage quote helps to understand:

"Only two things are infinite, the universe and human stupidity, and I'm not sure about the former."

Albert Einstein

As expected, 0.35 bid is gone, new all time lows, strap in folks!

see why it was released after hours. we will discover where the solid bid is in the morning, think the 0.35 will be gone.

the big buyer on last week's news at 0.60 joins the lobster pot, gotta love aim shares for diluting your wad to a *** paper!

always a bright side, at least bv can average down further! lol

If converting to gas storage was estimated to cost over £200m twelve years ago, so lets assume £280m today, exactly what equity participation in any revenues do you forecast would accrue to ANGS ownership share, given others are going to finance at least £270m of that total?

This financial reality will limit the share price appreciation from any future gas storage. Production this and next year of gas is where we need to see money made. The refinancing is a huge help towards this goal. However as you can see, the market is somewhat skeptical.

Anyone long here needs to look very closely at the price action at 0.65 to 0.70, if it can't get through that on yesterday's news, you need to figure out what the price driver is going to be here. Good luck to all.

BV yesterday evening:

"Onetomany, the doomsters get caught out yet again, nice work Richard LOL!"

Ace market analysis work there, please carry on - LOL!!!!

Only real change here is in the price...