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"David Anthony Leningas is a former board member of Primorus Investments PLC"
They seek him here, they seek him there ..............
But that's DL's model - spot an opportunity, form a company , get some assets, float it on AIM or where-ever, pump the hell out of it, step back from management so he can legally trade at all hours and then quietly exit to count his cash and do it again. There are a lot of people who do the same thing - I think the difference with DL is that he often had 10 outfits on the go at the same time...........
I forgot to ask, did you realise when you protested the posts re the address that David Anthony Leningas is a former board member of Primorus Investments PLC? Very common indeed.
I'll just qualify the first sentence of my last post:
there are those who doubtless made money during the rise to 35p and while the price remained well above the IPO price of 6p.
Not disputing that the company's profile has changed since its IPO and there is no doubt that, to date, it has not been a successful investment for anybody.
For myself, have only been involved since the change of management at the beginning of this year and, above all, since the share price drop after the Brockham RNS of 28/06.
ocelot - you can think what you like but I never invested in a company that is chasing a rainbow Poundland gas field in the first place. I invested in a company with nearish term Weald assets. Go read the IPO and subsequent presentations up until LL got involved.
As for LLs experience with the City, well from a PI perspective it's a disaster. Heavily discounted placing to re-finance a Wonga loan and then a few months later take on another Wonga loan to cover fields that will probably be impaired is hardly brilliant management.
In my view the only people making money out of Anguish at the moment are City slickers and those on the payroll.
Personally, think it is Saltfleetby that is the real "game in town", because of its forecast significant and recurring cash flow, with Balcombe offering a more unpredictable, but potentially exciting, nearer-term prospect.
GL's experience lies in the City, dealing with sophisticated investors.
It means the company's cash flow forecasts carry weight, sufficient, anyway, for the OGA to approve the transfer of the Saltfleetby licence and operatorship to ANGS, (ANGS's cash flow forecasts were central to their submission to the OGA).
On the basis of those cash flow forecasts, GL calculated a Net Present Value "right now" of Saltfleetby to ANGS of 4p per share.
Imho, that is a calculation which carries weight and means that the share price, at 0.95p, is currently sitting on a discount of more than 75% to Saltfleetby alone.
Know absolutely nothing about Primorus, not a stock I have followed.
"You do realise that it is VERY common for multiple companies to have the same registered address?"
I'm quite surprised that America 2030 Capital Ltd or Challenger Acquisitions Ltd GL's other Non-Executive Director position and also 12.5% owned by KNOWE PROPERTIES LIMITED arnt registered there as well.
There is a clear link between the Labrums buying Primorus Investments PLC shares 18 to 19% now at the same time as buying into Angus now 7,5%ish. There is a member on the Primorus BOD who Sits on Doriemus PLC board and for all we dont know if, Dor still hold shares in Angus. This lot are as thick as xxxxxx and have information that the likes of us can only dream of.
Now some could view this as good news and im really quite surprised Ocelot isnt shouting it from the rooftops??
So indeed WOW if you don't think new info such as this is relevant to a BB dedicated to the subject I suggest you hit the filter button.... it's at the top on the right!!
"You do realise that it is VERY common for multiple companies to have the same registered address?"
Yeah especially small O&G companies connected with DL - none of which are making any money fro investors.
Tho' TBH, DL did dump JTP for Sanderson as soon as he thought they'd REALLY found oil. It still bugs me no end that ANGS sold out of Horse Hill - there must be great story there.
At the end of the day each and everyone of us makes our own investment/trading decisions and have to take responsibility for that. My mistake was getting in and not getting out earlier.
However those decisions were predicated mainly on announcements and presentations made by Anguish Energy, those transpired to be at best over optimistic, misleading and may even have been deceitful in my view.
However we can't change history, only learn from it. So those of us that are still stuck here (as opposed to some with other agendas) have no choice but to sell at a significant loss or hold and hope things improve. I've lost over 90% now on paper, mainly under LL, so the extra 10% is no big deal.
I do believe LL is trying to restore some investor confidence here with the Q/A sessions etc. however the fact is he's hopeless and has no real experience running an O&G company. The Q/A responses and statements coming out fill me with no confidence whatsoever, they are just corporate spin and I take them all with a sack of salt.
For me the only game left in town is Balcombe, if it's a success they can then move on and hopefully progess the Poundland rainbow gas field, fail there and I struggle to see how they can continue as they'd struggle to raise any significant finance at all in my opinion. I do fully expect more delays at both though as one thing Angush Energy are good at is kicking cans down roads.
YL twisting everything as always to maintain his narrative. You really are a nasty individual.
You know exactly my point.
I am responsible for my own investment decisions. I am looking at Saltfleetby to get a return on my current losses. If it fails then I have a minimal loss to my current investment, but potential recovery makes it worthwhile waiting for the outcome, whatever that may be. I have never invested more than I can afford to lose.
Suggesting that my post should be interpreted that it is MY fault if the bod fails is a pathetic and childish statement.
Last interaction on here until news.
Crocqman: "but at least I will blame no one but myself if things do not work out over the next 12 months"
So - let me get this right: if Tidswell, Lucan & Chums fail YET AGAIN in the New Year we shouldn't hold them responsible... because you're to blame instead?
After all... THEY just run the company, spend our money and make all the decisions... your an investor, so it must be YOUR fault that THEY failed!
Well... that clears that up then...
Let's not confuse bitterness with the exposition of facts. You may not approve of certain attitudes or descriptives however your logic would also apply to the professional ramping for an ethically and revenue challenged company.
JTP's transgressions and residual toxicity or the actions/denials by Lord Lucan are what they are...I don't blame anyone for my share loses, never have, but accountability works both ways.
And until proven otherwise, the market agrees.
Simultaneously something opaque is happening in the background which effects buyers/sellers and we have seen suspicious trades. ...It is up to every investor to reconcile the facts and make their own decision therefore please DYOR ...
You do realise that it is VERY common for multiple companies to have the same registered address?
It means absolutely NOTHING. Attempting to spread fear just for the sake of it from the usual cheerleaders for destroying this company.
The likes of JA51, Wealdpwr, YL, et al are just sooo desperate to trash ANGS at every opportunity with their petty 'postalot', 'Anguish Energy' and 'Lucanista' references and their obsession with JT-P, that they will stop at nothing to scaremonger at every opportunity, all in the name of 'warning any potential new investors'. Such good Samaritans.
I am sorry, but even as a lth with decent paper losses, the bitterness I still see from many of the 'old guard' here is ridiculous. NEVER taking responsibility for their investment decisions and blaming the bod for everything. The easy option. You do realise this is AIM, right? Nothing is nailed on, or guaranteed.
Not posted here for a while due to the pathetic calling out of anyone with a neutral or positive view here by the aforementioned, but still holding for the 'new' targets of the 'new' management and will continue to base my investment decision on actual news.
Will await the standard responses with the same old tired arguments.
Good luck to all those genuine holders with a pragmatic attitude to the CURRENT investment opportunity here, it may be a long wait, and it may not all go to plan, but at least I will blame no one but myself if things do not work out over the next 12 months, or so.
Won't be responding as pointless to argue with folk with closed opinions.
and pick my jaw from the floor..........Doriemus plc
Well what do you know!!
14th Onshore Licensing Round contact details - Gov.uk
https://www.gov.uk › uploads › system › uploads › attachment_data › file
4, ANGUS ENERGY LIMITED, Mr Paul Vonk, Suite 1a, 38 Jermyn Street, London SW1Y 6DN, email@example.com. 5, AURORA ENERGY RESOURCES ...
check google for Co's with a registered address 33 -38 Jermyn Street London SW 1Y 6DN.
Full list of all 158 companies is available.
Strong historical links on the BOD over at Prim Also............Watch this space!!
So a family takeover at prim?
Stephen Labrum - 7,500,000
Rupert Labrum - 7,454,588
Janine Labrum - 4,250,000
And Rupert owns 7.5% of Angus also.........mmmmm wonder if the others are holding under the radar?
and KDNC (ex REM) - all rather incestuous - can you imagine, the day-to-day hustle and bustle in the suite conjuring up ways to take hard earned money off the stupid private investor - wonder if the FCA monitor such coincidences - probably just a mailing address - though worth keeping your eyes on this lot imo.
This share still gives me nightmares....
Tidswell & Leningas - OMG!... "The Horror!"
handy place for outsize shirts.. :)
Dear God... Leningas!!!!!!!!!! Just when you thought it couldn't get any worse! :-o
Quite a few DL outfits were/are there - IIRC HHDL & UKOG were there and Solo were on the next floor down..............
It was undergoing renovation for a while but still occupied - right next to Princes Arcade - where the poor folk shop.............