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Let's see how Balcombe progresses (and UKOG's HH, too).
The Weald Story: It's a bit like being taken to the cinema to watch a feelgood movie and end up watching a horror film by mistake. Whilst it was a film... there was definitely no rosy feel-good factor by the time you left!
Bit more than a story, YL.
The Kimmeridge is flowing at HH.
Broadford Bridge was a commercial disappointment, but UKOG has plans for another well in the same licence area and to return to Broadford Bridge later.
Brockham, as we all know, did not live up to expectations.
May well be the case, but that’s not to say the SP wont be hyped in the leadup to Balcombe and also Saltfleetby is completely unrelated to the Weald.
Alan: "The Weald now has a red flag against...so far the boards of the various companies seem to be the only ones making money."
My sentiments exactly! The Weald Story... turned out to be just that: "A STORY."
Seems only UKOG is producing oil... but the SP will be so far diluted - by the time SS has finished - that PI's will come out of it with SFA... IMHO, after waiting another god knows how many years for the long promised re-rate!!!!!
Lessons learned here by sum... but apparently not all!
Ja51 and pboo
I will repeat this once more....since some people dont seem to have read it.
I was speaking positively and enthusiastically about the prospects for Angus because I BELIEVED what the board said...about Brockham being a virtual analogue of Horse Hill and of course the nutech report stating that Brockham would be far more productive than Horse Hill.If I'm guilty of anything its naivete in believing the statements of the company.
Now we know the reality so people here really are "ramping" this even though the company effectively has no producing assets until well into 2020.
Not a chance! I wish it were true because I could sell 50% of my underwater holding for a profit on that 50% which would slightly offset the loss on the rest.
But I shall set my opinion to "Strong Buy" in case that convinces some rich stranger to buy a shed load of shares and bump up the price.
In his earlier post he says
"Rampers on here are dishonestly and unscrupulously trying to "hype up" the prospects of the company to entice gullible investors"
It's only immoral if other people do it apparently!!.....lmfao.
I would be careful what you say, Angus energy can see your LSE posting history as everyone else can.
Just one of your ramping posts
Multi bag into the high teens
Massive buys coming in04 Feb 2019 08:30
Over 2.5 million buys already-ppl know this is a bargain ba dementia price from which to multi bag into the high teens.
250,000 buy just gone trough. Since the sp already factored in these problems/ delays-I dont think this has much further to fall.
The improved professional communication should see this rebounding by end of week.
Big Al the not so professional oil executive.
I hold shares in various oil companies.
I buy, I sell and some I hold.
You should not have listened to the likes of Alan and taken more notice of what the eyes were saying and had said since December 2018.
Sorry but you all had your heads in the sand.
"Stop telling porkies" You have admitted to seeking legal counsel a year and a half ago after Lidsey FFS!! You've admitted you couldn't get anyone else interested at the time so you then spent the next year and a half relentlessly ramping it trying to get people to believe !!!!
People can see your history you realise?
Where have you're no win no fee comments gone by the way?
Please stop telling porkies....I did not "ramp up" this share.I genuinely believed in good faith the forecasts and numbers given by the company,which makes me naive and in hindsight foolish but not a ramper.
Secondly,Angus has plenty of cash! -they just got back £2.5 million from the sale of an asset,and their share of Balcombe is worth over £700,000.Saltfeedby according to Lucan,is worth millions.
Plus the directors all have liability insurance which will he their preferred method of compensating us.
RealAnalyst - wonder if ANGUS will "call" you to join them in their defence side of the Class Action, after all you appear to have Ramped this share to PI's more than JTP + PV together.
ANGUS doesn't have any funds to pay out either in a Settlement or Court Decision, and if it did you would just decimate the SP even further (and as a shareholder? you would still lose).
Are you having a laugh?-saying that the private investors were greedy?-the only greed I see is that of the BOD who we renumerate with their handsome salaries and who have done absolutely sweet F A!-JTP was on full salary for 6 months whilst being suspended for the Captain America scandal!
I think we all know who the greedy ones are!
I dont mind taking a risk on the basis of stated facts but when those facts have been contrived and are deceitful that's a different ball game....the responsibility for us losing 80%++ of our investment lies fairly and squarely on the back of the negligent and dishonest bod.
Pboo - careful what you wish for reading share prices....what was UKOG SP before BB?
I used HH flow rate figures which is 5 miles down the road from Brockham.....the tankers are not reflecting those rates and that must be a concern......I note there are folk using the same figures to ramp the Isle of Wight which is ever so slightly farther afield than Brockham.......sigh. I guess you will say the same about UKOG investors who are heavily underwater?!?!
The Weald now has a red flag against...so far the boards of the various companies seem to be the only ones making money.
You seem to post more about other shares than the ones you hold......why is that?
Your only hope of recovering your money if you bought at 5 or 7 or on double figures is to join our rapidly growing action
Another way would be for management to succeed in their Balcombe and Saltfleetby projects.
All stocks have their rampers and their 10% traders, but I'm not sure anything can be concluded about a stock's longer term prospects from their presence.
Big Al was not correct with all his ramping of
Min 1000 bopd etc etc and if I remember correctly you were also ramping the share.
Sorry you lost alot of money but it was your choice to invest and you should only invest what you can afford to loose. I'm afraid greed took over for quite a few of you.
Alan is absolutely spot on with his comments,which echo those of many others here..including YL,gkb,rxdav,mufc...and of course myself.The list of endless.
Alan isnt "deramping",nor is YL or any of us here..we are simply stating the irrefutable FACTS.
Fact 1: the share price has collapsed by 90% since the start of the year.
FACT 2:share price performance is naturally the main criteria by which all investors will evaluate a company's performance.
By any standard,this performance is catastrophic.
FACT 3: Rampers on here are dishonestly and unscrupulously trying to "hype up" the prospects of the company to entice gullible investors.They are simply pumping thr stock in order to dump it for a very short term trade yielding 10%.
FACT 4: Lady Lucan's purchase is only £20,000....a drop in the ocean for such an affluent family.
It is insignificant,and its net result has been a FALL in the share price.
Angus has egregiously misstated the facts regarding Brockham and Lidsey,and misled investors.Having spoken to three different lawyers,they all state we have a strong case because the evidence of negligent/reckless statements is incontrovertible.The e evidence of deliberate misrepresentation is also extremely strong.
The board have worked blatantly against shareholders interests by misleading us systematically and then being negligent is deviating from their stated plan and NOT EVEN FLOW TESTING Brockham.This is unforgivable,and suggests they didn't flow test because they knew from the logging work in January and December that it wouldn't flow,and consciously mislead us....in the February RNS and all the tweets.Weve even seen the letter from March where they tell the OGA they wont flow test,contradicting their later statements that they will flow test after prep work and consulting partners(which they didn't do!)
As for Balcombe,the 300 bopd predicted by Andrew Hollis at the CC will do very little indeed to resuscitate the share price.
Your only hope of recovering your money if you bought at 5 or 7 or on double figures is to join our rapidly growing action
Email keither one nine seven at g mail dot com
Will you be attending the shareholder update on 30/09, Subito?
Thanks for the contact info, Charlie. I have sent off the following:
'Dear Sir/Madam, I have been invested in Angus since Jan 2017. I have and do hold many other O & G stocks which allows me a comparative view of management efficacy. Angus do not show up well. I could have used far stronger language.
I am writing to you because of the current and previous lack of communication with the Angus personnel and hope that you may be influential in obtaining a response.
Although not presently involved, I can see that there is potential trouble brewing for Angus by a growing group of private shareholders intent on some form of class action, the success of which cannot, obviously, be known. However, even at this stage, the PR is very negative and can only serve to underwhelm prospective new investors, thereby damaging future growth for the company.Their main concern is that they (and other shareholders) may have been misled by conflicting statements earlier this year.
Would your company care to acknowledge that it is aware of this concern and, further, advise whether steps are in process to overtly clarify the situation ex-Angus and inform shareholders how this will be addressed in future days?Sadly, perhaps, we have already been told by George Lucan that the forthcoming conference will contain no new information on any topic. But we really would like some.
We need a gesture (at least), in my opinion, of positivity and transparency from the directors in regard to all outstanding questions (including the truth re: Brockham, the planning application timing for Balcombe and so on).
I ask for your help in these matters.
Its like waiting for a bus.....and then all of a sudden you get 3 in a row.....sigh
I have repeated what Lucan has told share holders regarding dates? How is that deramping?
I see Big Al is back.
Ramped and Ramped Angus for nearly 12 months and now knocking them when ever he can.
You got it wrong, get over it.
Look over here.......Look over here!!!!!!..................
Your talent for dodging the question and laying blame has lost its shine Alan!
I didn't join your "legal action group" as I quite obviously think its a load of tosh as your actions are proving!!!
JA51 - what has the current running of the company got to do with what has happened in the past? You didn't sign up as you would have to give personal details and prove you actually owned shares.....which everyone already knows the answer to that.