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Applicable At Applicable For Data Item Value Generated Time
27/03/2024 00:00 27/03/2024 System Entry Volume, Saltfleetby, D+1 0.1946 28/03/2024 12:01
26/03/2024 00:00 26/03/2024 System Entry Volume, Saltfleetby, D+1 0.1993 27/03/2024 12:01
25/03/2024 00:00 25/03/2024 System Entry Volume, Saltfleetby, D+1 0.1884 26/03/2024 12:01
24/03/2024 00:00 24/03/2024 System Entry Volume, Saltfleetby, D+1 0.1984 25/03/2024 12:01
23/03/2024 00:00 23/03/2024 System Entry Volume, Saltfleetby, D+1 0.1986 24/03/2024 12:01
22/03/2024 00:00 22/03/2024 System Entry Volume, Saltfleetby, D+1 0.2034 23/03/2024 12:01
21/03/2024 00:00 21/03/2024 System Entry Volume, Saltfleetby, D+1 0.2 22/03/2024 12:01
20/03/2024 00:00 20/03/2024 System Entry Volume, Saltfleetby, D+1 0.1812 21/03/2024 12:01
19/03/2024 00:00 19/03/2024 System Entry Volume, Saltfleetby, D+1 0.175 20/03/2024 12:01
18/03/2024 00:00 18/03/2024 System Entry Volume, Saltfleetby, D+1 0.1751 19/03/2024 12:01
that help?
Were is the off-take production has not been posted for 8days""
"usually" a sign that it is ermmm underwhelming, otherwise even a slight improvement would be being hailed as the turning point towards Singhies 1.5p predictor !!
Were is the off-take production has not been posted for 8days
Aaaaah Onetomany. Hardly a surprise, but he's turned out to be not exactly the most accurate of fortune tellers...
Let's see what he was assuring anyone naive enough to listen just three months ago.
*********************************
Onetomany
Posted in: ANGS
Posts: 239
Price: 0.50
RE: Positive indicators 5 Jan 2024 14:35
Barney I think once funding terms are clarified and signed then that in itself will have a major boost. Gas I’m expecting to reach 120+ over the coming cold months and a storage partner update also due within Q1.
Take a look at the CPR and the many references to it by the BoD. End of March I expect 1.5p if not more. It’s all upside from here.
*********************************
So... 1.5p? Nope.
I think the correct word, as the ANGS SP hovers within a gnat's wing of a 52 week low, is "Oops". I mean, far from trebling (the SP was 0.5p when Onetomany made his bizarre prediction), it has in fact dropped a further 30%.
But of course, he's already rushing around telling everyone that he's busily averaging down on this superb cast-iron 100% racing cert money-making opportunity...
For the opportunity to add more at these ridiculous levels. Exciting times ahead.
Nero fiddled while Rome burned and the Ocebot frantically attempts to spin while the SP slides ever downwards.
Desperately quoting meaningless platitudes spouted by any of the Angus BoD at the recent Investor Presentation is utterly pointless. Why should they be any more credible than any other statement, assurance pr promise that ANGS has ever issued, including those stated via RNS?
It's very hard to fool the market - and it looks like it's made up its mind. Watch this (blank) space.
From 04:06, RH:
the refinancing ... "has introduced Trafigura as a strategic partner going forwards ...".
Trafigura "sees Angus as an exciting growth opportunity and they would like to work with us to grow the company in the future".
LONDON, Dec 8 (Reuters) - Commodities trader Trafigura posted a record net profit of about $7.4 billion for the 12 months to the end of September, up 5% from a year earlier, ...
"With stable production and free cash flow and the refinancing completed, the Company can focus on
growth opportunities
• Angus has built a world class management team who are committed to increasing shareholder value ..."
Is this a management team which is likely to remain satisfied with a market cap sitting around £16.5m?
The answer is a very definite "No".
Ilovewhelks: it’s not about talk at all. It’s about gas flow, the gas price, the depletion rate, the cost of replacing the depleted gas, the cost of drilling new wells and the availability of kit, plant downtime and the details of the new hedge contracts, which have not been revealed, and the terms of the Trafigura offtake agreement. Among other things. In other words, numbers. Angus can’t afford meaningful acquisitions with their current cash and cash flow. You’ve got to hope that the new Board is good at identifying available bargain assets that everyone else has overlooked. And/or that the gas price will be a good deal higher as we go into the Spring and Summer.
The thing about buying cheap-looking assets is that if they’re cheap to Angus, they’ll be far cheaper to a larger company with access to lower-priced debt. That was the trouble with Saltfleetby. No one who could afford it wanted it. Angus had to borrow at rates that gave all the profit on it to its lenders. If you want to stump up yet more money in share placings to allow the Board to do it all again, good luck to you. AIM relies on a reasonably fast turnover of subscribers. Suspension of disbelief lasts only as long as you have money left to invest.
it is not about whether they are good in front of camera or a laugh down the boozer that matters. if they can grow this company like i think they will, then who gives a **** about appearances and personality. things are looking up and talking acquisitions sound like we are.
WG818: I think Mr. Zielicki, as a last-minute replacement for Carlos, was unprepared. You’d have to be a really thick mug to be impressed with his references to the “profit” on the write-back of the previous year’s paper losses on the hedge contracts. I couldn’t decide whether he himself believed this was real money that Angus could draw on or whether he was dim enough to believe investors could be persuaded that this was the case. I thought he was hopeless and he expressed himself, haltingly, in terminology one would expect of a below-average articulacy Home Economics graduate of one of the new “Universities”. Sort of. I doubt we’ll see a repeat performance from him.
It’s awfully quiet on here today considering the comedy fest presentation last evening…..I wonder if unbalanced watcher is also on jury duty? Not an insult thrown all day!
Just how they expect anyone to believe they made the claimed profit is mind boggling!
HITS: you are too kind. But I differ with you on the subject of your comparison of the new Pen Holder with his predecessor. The new one is dull, grey and an outstanding Company Man who must be pretty poor company at a dinner party . His predecessor, by contrast, was amusing and leery. His performances when interviewed by Katy were particularly entertaining.
Otherwise, I take your point. Meet the new boss. Same as the old boss. I’d rather spend an evening st the Club with the old one than the new one, that’s all.
Absolutely correct, OP. And a bonus point for the extremely apt Voltaire reference.
I fail to see the slightest difference between yesterday's presentation and any of those given by Lord Pinocchio, when he was at the helm. And we all know how his Lordship's predictions and promises turned out.
Watch this (blank) space...
Organic growth means growth from your existing assets. Saltfleetby is an increasingly depleted asset which will swallow up all their earnings merely to stand still for a few more months at a time. Inorganic growth, meaning growth by buying assets, will only be affordable through major new share issues or unaffordable debt and shareholders will be relying on Mr. Herbert’s and Mr. Zielicki’s competence in identifying undervalued acquisition targets. Good luck with that. Saltfleetby is Angus’s only source of cash flow and its earnings are all going to go on maintaining an otherwise dwindling gas flow and paying off loan interest and capital. All their hopes of staying in business are predicated on a significantly higher gas price.
It doesn’t really matter what impression they made in the presentation, though I thought it was a rather dull Panglossian puff piece. The underlying fact is that unless Angus quickly makes a good deal more from Saltfleetby than it's currently making, its shareholders are on a hiding to nothing.
Imho, they made a very good impression.""
Ehhhhhhhhhh,,, 10 trades all day for pocket money value !!! yeahhh i can see the market is ermmm impressed lol
It was the presentation PIs have been asking for, Bubblepoint, presentations tend to rely upon words and slides.
Given the present price level, all of the running has already been done.
Imho, they made a very good impression.
Ocelot,
They are only saying what they NEED to say, they are JUST words, of no value, I know one thing, If they go within a mile of Sanderson and Loxley then run a mile !!!
"... Angus is now looking at growth". (RH at 30:57)
growth will be "a combination of organic and mergers and acquisitions " (KZ at 33:00)
So...
After yesterday evening's eagerly awaited investor presentation laying out the nrave new world of Angus Energy and all its uber-exciting prospects...
We had a day where a staggeringly underwhelming less than £10k of share trades were executed (and to add insult to injury, the majority of this pifflingly inconsequential quantity seem to have been sells).
The Ocebot and attendant cheerleaders are clearly going to have to work far, FAR harder in an apparently futile attempt to polish the unpolishable here. Though in a worrying sign, I do note that today the most deranged of the pompom wavers has for the first time started to post in usual utterly blinkered positive style on that other much-lauded colossus of this country's oil and gas industry, UKOG.
If he of all people has started to think that Sanderson's farcical confetti-ridden picocap of an outfit is a better bet to try to ramp, then ANGS really is in serious trouble.
Re storage from 45:34, Krzys Zielicki:
"huge opportunity here" "... to become a major player in something which is of major strategic value to the UK".
Storage capacity in Germany, about 90 days, in Poland, about 100 days, in France, about 90 days, in the UK, about 36-48 hours.
Ross Pearson was with Star Energy (mkt cap. £12mm) until December 2023. He appears to have jumped out of the fire into the frying pan.
Ross Pearson presents the work done on mapping Saltfleetby from 21:35 with the map of the structure being displayed from 24:50.
Speaks of "potential upside in reserves not captured in the (most recent) CPR" and of "much deeper gas-water contact than previously assumed" which "significantly increases the size of the field".
I think calling yesterday's puff fest "tripe" might be a little harsh. However, nothing new of any substance was revealed. Again as was known in advance, the reduced interest rate on the £20m replacement financing was trumpeted, but of course this saving in debt servicing costs has been entirely offset and more by the triggering of the 8% royalty on all gross revenues out of the existing wells.
I'm personally not expecting any market reaction to the presentation, simply because there was no new news, so the entirety of the information given was already known. The various bits of hoped-for future plans won't change the price of cocoa either IMO.
I did however learn a new synonymous phrase for "jam tomorrow"... that being "watch this space".