Member Info for Stockraiser

A technical default occurs when a borrower violates a non-financial term or condition of their loan agreement, such as failing to provide financial reports or meet specific financial ratios. Unlike a payment default, where the borrower misses a principal or interest payment, a technical default results from a broken covenant or a misrepresentation within the loan contract

The only confimation here is that all those posts saying Angus is in default are in all likelihood WRONG.

GL SR

Or is it a case of ........

A company would not be classed as being in default, even after missing a principal payment, if the lender agrees to a temporary forbearance due to financial difficulty and considers the relationship with the borrower to still be sound. Key factors include how quickly the payment is made, open communication with the lender, and whether the lender decides to waive their right to consider it a default.

Forbearance:

The lender may agree to a temporary forbearance, such as lower payments or a payment holiday, if the company is facing genuine financial difficulty. This shows the lender still has confidence in the borrower's ability to repay

Mirasol - "PI's will be wiped out in any RTO"

Could/would you kindly elaborate on that assumption?

TIA SR

02 September 2025

UK Oil & Gas PLC

("UKOG" or the "Company")

Result of General Meeting ("GM")

UKOG (LONDON AIM:UKOG) is pleased to announce that at its General Meeting held earlier today, all resolutions put to shareholders were duly passed. The results will be published on the UKOG website (www.ukogplc.com).

AIMHO

GLA SR

From IMM ?

FUN STARTS

Looking very strong today - Gold's been flying since midday.

From RNS

"Combined, these executed and expected orders represent a step-change in trading, equating to 400%-500% growth compared with the same period last year."

..... and that's the most imortant thing ;-)

Sentiment analysis helps predict market shifts, gauge risk, and can be a significant factor in explaining EXCESS RETURNS and volatility in financial markets

It could be our week next week - lots will be reading the BB re: Gemma Cryan over the weekend - Gold breaks out to new highs - a strong POSITIVE RNS on Monday - WHoooosh.

Remember hold tight, don't give your shares away.

GLA c u next week. SR

AIMHO

Potential for gold to break out to another historical high next week - looks that way anyhow.

All good for GWMO

GLA SR

Which will reduce the need for another placing in the near term.

GLA SR

Defo money coming in even after this rise over last few days - SHhhhhh they know it's going much higher ;-)

GLA SR

Looks like that ping may well be starting ;-)

MY POST BELOW FROM 1620HRS YESTERDAY

I'll add to my last post ..... She's here for a reason and She's the reason I'm here ... lol

Also, I believe the participants in the placing are holding tightly onto their shares. Hence there may be no overhang and the share could 'Ping' at anytime.

GLA SR

Other shares that have already multi bagged, knowing that the same is due here.

Hold tight, as you may not get in cheaper.

GLA SR

Less than a million, are you sure?

Also remember the warrants at 1.3p which could raise £812,500 ;-)

GL SR

I'll add to my last post ..... She's here for a reason and She's the reason I'm here ... lol

Also, I believe the participants in the placing are holding tightly onto their shares. Hence there may be no overhang and the share could 'Ping' at anytime.

GLA SR