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Unfortunately we have an incompetent BOD and all trust placed in them has been violated repeatedly without fail. GL should resign or sack someone. Hiding behind covid19 is becoming a tradition for this company. Funny, the drain on cash due to exorbitant salaries is not affected by covid. Bunch of ar******* this BOD.
There is a lot of pressure on the ASK thus share price.
This isnt going anywhere north till materiel progress now.
First Gas is anyones guess date wise.
What is critical is an update - Agreed.
Constant slippage at the business end isnt tolerated, as they should have planned in fat in the timelines!
Ocelot, I would be very happy to see 1st gas on 14 Feb 2022, but is not going to happen - there is not enough time for civil works, delivery of equipment, installation & commissioning & testing. This is a hazardous process governed by strict regulations is not like building a house … as some here seem to think.
cart before the horse!
Thought you might have been putting the horse before the cart and the UFO was waiting for first gas at Saltfleetby, but I got that one wrong.
Kryptonite Ocelot. It runs on kryptonite.
What does your UFO run on, Yanis?
I'm really not sure it's worth mentioning ANGS's target dates (it makes one looks like an idiot( because - and let's be honest - there have been so many that have gone by with nothing happening.
First gas by Valentine's day? Not even their own commissioned CPR agrees with that one. Anyhow, I'm more interested in there being now less than 22 working days until promised sidetrack drill start - and there's still next to no equipment on site or the necessary groundworks completed.
Just how much gas, and by when, exactly?
With terrestrial technology and capability there is absolutely no way 1st gas can now be achieved by 14 Feb 2022. For this to happen we will need extraterrestrial support, has nobody seen that UFO?
Dont hide behind negative suppositions.
HITS your friend JTI on ADVNNNN has been caught off guard many times
As too Chickbaits links to Facebook etc
With Green Party Local Members supporting such posts
It confirms my suspicions all along a die hard crew of local Environmental Activists are DEPSERATE for Angus Energy to fail so they dont have their house prices devalued, gas activities impeding their way of life etc.
Dont believe me?
Clear as day proof and admission here
https://postimg.cc/py4nYNMQ
If only the company can confirm the same Ocelot. So far Angus failed to update as per their promise with 1 day left to go. Utterly disgraceful.
Angus's target date for 1st gas: 14/02/22.
That's just 77 days away.
right now is the perfect time to get in without sounding like a ramper..........jusy before the company starts delivering cashflow imho...........dyor
Those figures entirely depend how much credibility anyone ascribes to ANGS-issued production forecasts and ANGS-issued timescales.
I would suggest that the market ascribes very little credibility (unsurprisingly, given ANGS's lamentable track record of never delivering on what it has variously assured) and is instead waiting for independently verified proof of the pudding.
How much gas and by when?
"wouldn't surprise me if some big players interested in buying in on the action...."
Come on Adrian - not that old chestnut again - not even small companies are interested in getting into the UK Onshore. UKOG, Europa, Northern as was, INEOS - all started looking overseas
share price is far too low........wouldn't surprise me if some big players interested in buying in on the action.............producing 6mmscf/d after the sidetrack is drilled itll generate 10mmscf/d........at todays gas prices that equals to £3m a month.........really should be sitting double here imho
Personally, EchDelta, I am very relaxed about ANGS and have been ever since the conclusion of the debt facility.
I have no idea when the market will finally give credit where it is due but am confident it will do so in due course.
Ocelot once firm news kicks in - EA approval then I am hopeful that the sp will rise.
Before then its shorters and locals fair game
https://postimg.cc/py4nYNMQ
Firmer start to the day for natural gas futures, current month up 7.3% to 238.250p@
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188710
1 pence will be broken once EA permission comes through and some concrete evidence is provided of progress. BOD are immensely incompetent and I certainly do not trust them .
1p broken soon before money floods can into this stock. Very good time to buy.