Member Info for SRBS

Tick up will come soon, as a matter of fact as soon as JBR is out of the way!

One MM is stuck on 070 p since morning, manipulating the market, dummy sell price is 0.6896- get off the road JBR, let it move on!

Dummy sell price is 06922 and the trade price for 3k trade on level 2 is -0.6922 , so that trade is not a buy but a sell trade in blue!!!
Very tight spread - buy at 0.70 v sell at 0.6922 all in blue.
Looking forward to next week and beyond now!

From this morning’s RNS- check the last paragraph- funding to be sorted:
Offer of Additional Funding

The cost overrun on drilling and the demands of evaluating new projects, including potential gas storage at Saltfleetby, have resulted in a short-term funding need for the Company. The Board after discussions with major shareholders has determined that it was prudent to secure additional funding, and wherever possible, such funding needs should be met with equity dilution only as a last resort.

Accordingly, Angus has entered into a non-binding, conditional Term Sheet with Aleph Commodities for a GBP 3 million junior debt facility intended to convert into a larger and longer-term prepayment facility, whilst production and revenue increase as the SF7v well comes online. The key features are a 6 month bridge finance, priced at SONIA + 15%, 150 million warrants, struck at the previous placement level of 1.65p/share and a repayment option, should the facility not be converted into the prepayment facility, of redemption in either cash or shares (at the option of the Company) at a 25% discount to the 30 day VWAP subject to a floor of 1p per share. Although there can be no guarantee that final documentation will be executed successfully, it is the Company's aim to expedite this process over the coming days.

Aleph Commodities and its associates are Substantial Shareholders in the Company and accordingly, should definitive agreement be reached in respect of the offer of funding subject to the Term Sheet, the transaction will be a Related Party Transaction under AIM Rule 13; the requirements of AIM Rule 13 will therefore be addressed at that time.

A further announcement including the full terms as appropriate, will be made in due course.

END.

Why are we waiting???
MM’s games or !!!

Glad I topped up again this morning and nice to see ask price moving up to 0.07 p. Let’s hope it moves up north- I will be holding at least until April 2023 and top up again it mm’s take it down again. GLA investors, 2023 might just be the year for UKOG- don’t get greedy: I wouldn’t-:))

Yes, Lse website is dead today, very difficult to move page?

Something is cooking, I am invested and not trying to de- ramp, but unable to get a sell price even for 50k shares! Another delay possibly looming , 1 million shares (sold ) this morning , shown in blank, have noticed many a million sold shares shown in black. Hoping no more mucking around and wishing us all good luck. Any comments and thoughts welcomed. Let’s share views and not crucify one another!

Now it’s on a hot burner- Ask 1.40

About to tick up soon, forget about what went wrong, believe in the present mode and don’t be greedy. If I hadn’t been greedy and sold in good time, I wouldn’t have burnt my fingers, last time. I’m wiser now than last time! GLA, have taken good profits in all of the stocks I hold and do your own research!! A very good 2023 for me.

Having sold Ukog with profit this morning, I have added a lot in 88e, looks forward to making some gain this time and not to be greedy. Good luck all with the forthcoming news.

Excersise of warrants again- there will be plenty of opportunity to buy cheaper tomorrow or on Monday- it’s never ending! Give us a break- it’s a joke

Placing.









Current trading and activity

The Company released its financial results for the half-year ending 30 June 2022 ("H1 2022"), including the events occurring after the period end, on 10 August 2022, and recently the Company released its fourth quarter report on 25 January 2023, and as at 31 December 2022 had cash resources of A$14.1 million.



Project Phoenix (formally Project Icewine East)



The former Icewine East area was renamed Project Phoenix to reflect the Company's refreshed exploration strategy for this acreage. Since its acquisition in 2014, exploration on the acreage targeted the unconventional HRZ (Highly Radioactive Zone shale) play. Project Phoenix is focused on the oil-bearing conventional reservoirs identified during the drilling and logging of Icewine-1 and recently flow tested by Pantheon Resources. Project Phoenix is strategically located on the Dalton Highway with the Trans-Alaska Pipeline System running through the acreage.



During H1 2022 the Company announced that permitting and planning was underway for the Hickory-1 exploration well, located in Project Phoenix on the North Slope of Alaska. Hickory-1 is designed to appraise up to six conventional plays within the SMD, SFS, BFF and KUP reservoirs targeting 647 million barrels of oil. The optimised drilling location was informed by an extensive data suite and intersects and will test the substantial potential oil volumes noted across all mapped play fairways, particularly the SMD, SFS and BFF reservoirs.



Spud of Hickory-1 is scheduled to occur in early March 2023 to a permitted total depth of 12,500 feet. The well has been significantly de-risked by recent Pantheon Resources' drilling and flow tests, interpretation of the Icewine-1 well logs and modern Franklin Bluffs 3D seismic data (FB3D) and associated AVO analysis.



The Company expects the Permit to Drill (PTD) to be approved imminently by the AOGCC for the Hickory-1 exploration well. In addition, construction of the Hickory-1 ice-pad is expected to commence shortly with mobilisation of the Nordic Calista Rig-2 scheduled to begin around mid-February from the Pantheon Resources Alkaid-2 well location. Planning and permitting for the Hickory-1 well is now largely complete with the approval of the PTD, ahead of targeted spud in early March 2023. Hickory-1 Project Manager, Fairweather, LLC, is in the final stages of the tendering and contracting program for the drilling operations, with the final well cost anticipated to be lower than the previously drilled Icewine-1 and 2 wells on the Project Phoenix acreage at around US$13.5 million gross (88E 75% working interest).

Further details of the drilling program will be announced by the Company in the lead-up to planned spud, scheduled for early March 2023.

The Company has received notice from the Alaska Department of Natural Resources (DNR) that a recently submitted unit application covering the Project Phoen

Against Argo blockchain:

Exchange (ARB) and Nasdaq (ARBK), is facing a class action lawsuit over alleged misleading statements made during the initial public offering (IPO) of its American depository shares (ADS) in 2021.
The London-based company made untrue or incomplete statements, omitting "to state other facts necessary to make the statements made not misleading," according to a filing dated Jan. 26 in the U.S. District Court for the Eastern District of New York.
Argo is accused of failing to disclose that it suffered from significant capital constraints, electricity and network difficulties. These constraints hampered the firm's ability to mine bitcoin and operate its Helios facility in Texas.
"Argo’s business was less sustainable than Defendants had led investors to believe; accordingly, Argo’s business and financial prospects were overstated," according to the filing.
The mining firm offered 7.5 million ADS, each representing 10 shares of common stock, on the Nasdaq Global Market in September, 2021. However, 2022 was not kind to Argo, nor to its peers in the bitcoin mining industry. Firms were squeezed between falling crypto valuations and rising electricity costs. The pressures culminated in bankruptcy for one of the industry's biggest miners, Core Scientific.
Argo

A massive delayed trade of £ 39.99k has just been displayed! That’s why MM’s were playing quiet game all day.

That’s what I was on about didn’t want to spell it out :-)’
UT trade stv0.0694

I am more interested in level 2 at the moment, it’s very interesting- some hot soup is being cooked, not worried about whether Musk agrees with JO Morgan or not. Let’s see what 1-2 week of February brings:- ))
Holding tight , have increased my holding by 3 millions. Come on UKG!

ANGS- is equally bad, with the only difference that they are producing gas, but keeping the investors in dark : one step ahead and 3 back. It’s aim market: Milk the cow when you can , can’t trust any company on Aim market!
However when it gets going there’s no comparison with othe companies including the banks, I have tried the lot, So have put more money here as every0.001 upward price means profit. Invest safely and enjoy the profits, don’t get greedy!,,chao

Since this morning I have noticed 3 large trades of 500k - below the bid price in black, wondering if they are buys or sells, very deceptive, all comments welcomed!

-:)) Over the ask being paid, glad I topped up this morning!