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Https://www.londonstockexchange.com/news-article/ANGS/update-regarding-the-forthcoming-gm/16375532
Wow..... this is way oversold and bargain SP
Government will be looking at Angus Energy Gas storage facilities in Saltfleetby,
any wonder Trafigura ($100 billion company) done MoU with Angus.
it's all over the news... gas plant
GLA and Dyor before its too late
No it hasn't. ATB
Plenty of life for gas yet good luck all genuine lth
Has changed to the upside. Atb
11/03/2024 System Entry Calorific Value, Saltfleetby, D+1 41.3100 *** avg cal value 41.2519 ***
11/03/2024 System Entry Energy, Saltfleetby, D+1 1,932,222.0000 *** 5.9470 mmscf/d ***
11/03/2024 System Entry Volume, Saltfleetby, D+1 0.1684 *** 65,930 therms ***
Gas Price Per Therm 12.03.24 = £0.62
Gas Price Per Therm 12.03.23 = £1.32
Year On Year Variance Price Per Therm = - 53.13 %
Daily Output (Therms) = 65,930
Month To Date (Therms) = 808,488
Daily Output (Mmscf/d) = 5.9470
Month To Date (Mmscf/d) = 72.9813
Average Per Day (Therms) From 01.01.2024= 73,499
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,278,466
Average Monthly Price Per Therm = £0.6517
F/C Hedge 1 = £721,525
F/C Market Revenue = £474,723
F/C Net Monthly Saltfleetby Gas Rev = £1,196,248
F/C Net Rev Less Disbursements = £1,178,304
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
https://gridwatch.co.uk/
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Output Of 50,000 Therms Per Day To Complete The Daily Hedge*
1) 6 Month Hedge Requirement Of 9,150,000 Therms / 183 Days: 01.10.2023 - 31.03.2024
2024 Q1 Therms Revenue
Jan-24 2,540,377 £1,465,465
Feb-24 2,089,130 £1,081,414
Mar-24 2,278,466 £1,196,248 Forecast
2024 Q1 6,907,974 £3,743,127 Forecast
2024 Q1 Therms Revenue
Jan-24 2,540,377 £1,465,465
Feb-24 2,089,130 £1,081,414
Mar-24 2,278,466 £1,196,248 Forecast
Apr-24 2,204,967 £1,097,974 Forecast
May-24 2,278,466 £1,061,726 Forecast
Jun-24 2,204,967 £1,027,477 Forecast
Total 13,596,375 £6,930,305 Forecast
12 Month Share Price Forecast: 7.35mmscf/d
PE Factor = 5.00
Ord Shares = 4,167,893,340
FC Avg Therms / Day = 73,499
Debt Outstanding KPI* = £4,176,091
12 Mth Rev-Debt = £9,469,977
12 Mth Share Price (p) F/C = 1.45
Based Upon Current Market Data and Responsible Debt Repayment Plan
Regards,
Its a bit early to get too excited, it might be 30% up from rock bottom, but on 14m volume from 4.2 billion in issue, about £55k of trades all day, isn't a massive display of something brewing, though in fairness it was pushed too far sown, likely a more relative price at 0.4p, though i hope those holding see plenty more.
Great news. Good luck all LTH.
2nd biggest % gainer of the day.
Damn! Should have bought more this morning at about 0.34. Why am I always 8 hours too late?
Anyway, onwards and upwards. 30% is fantastic really.
Perhaps we’ll get a visit from the Earl? Or Degsy and his crew?
1.5p?
Maybe results tomorrow.
Will be sold off on any spike tho.
Looking great for the rest of the week........dla
YES WE CAN! LOL
Yes Mullins! can we kick on now instead of Yo Yoing around here?
0.4 paid
Looking good.........finally we can get that attack back at 1p going........gla
Lots of 500,000 plus share buys this morning. Something happening?
Upset?I'd be delighted... and especially for Onetomany. Only 19 days and 1.15p more to go....
Dont upset HIITS Mullins! lol
UP we go ! .3835 paid
These new gas fired power plants will need more gas storage capacity....
May we presume any new Gas Plants will be Hydrogen ready like the new boilers now being installed, it's time for the Greens to get off their Soapboxes imv.