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Someone's going to get caught out on the MM tree shake.
Nice circa 3m delayed buy just gone through @ 0.90p :-)
Don't know, Rastuss, but some of the trolls do resort to some pretty exaggerated language on occasions, which means this board is closely watched.
Just topped up myself also, now NT at 0.90p
Admin keeps a pretty close eye on this board, thank you, admin.
Just topped up too! Big buys should be coming in now!
just topped up.
That is considerably punchier :-)
Rastuss,
I see you didn't have the time to write anything shorter.
We think that in the current oil price environment there are one or two game-changers and company-makers out there likely to be shed by larger players as being inappropriate to their cost base. If we see one, we are ready to bid, but our main focus, as repeatedly said, is still delivery, delivery, delivery at Saltfleetby and Balcombe.
Angus today in 2020 is a very different company. The entire Board, bar one, is new as is half of the technical team and the operations team is greater in size and considerably more experienced. Operational and planning procedures are new. Regulatory and compliance systems are being put in place or refreshed. New assets, potentially vastly more profitable than those of old, are being brought into production and further acquisitions are being considered in a systematic and disciplined manner.
its simply brilliant the way the company is communicating with its shareholders and keeping everyone informed. so many questions have been answered about past and present and should cause the doom and gloom merchants to fade away. But old habits die hard. looking forward to tremendous progress here and may be a massive re-rate.
Looks as if they are heading for a very active Q4.
Re Balcombe:
We aim, as stated, to resubmit our planning application to West Sussex County Council as soon as possible. If the application is resubmitted during June and approved within the statutory 13 week period, then we should be on site in Q4.
Also, from another answer:
... Saltfleetby has two planning applications – one for the site, already submitted, and one for the pipeline extension which we advised would be submitted before the end of May. Although we have not met this precise date, our expectation is that the deviation will not be significant – i.e. of the the order of days not weeks...
Thank you for your post, DoneK.
5 questions and answers in all. From the top answer:
New assets, potentially vastly more profitable than those of old, are being brought into production and further acquisitions are being considered in a systematic and disciplined manner.
Could you give an estimate on when you expect to test Balcombe? Also how is timing on Saltfleetby going? Asked on 31 May 2020
We aim, as stated, to resubmit our planning application to West Sussex County Council as soon as possible. If the application is resubmitted during June and approved within the statutory 13 week period, the we should be on site in Q4.
Saltfleetby has two planning applications – one for the site, already submitted, and one for the pipeline extension which we advised would be submitted before the end of May. Although we have not met this precise date, our expectation is that the deviation will not be significant – i.e. of the the order of days not weeks.
Again, the subsequent calendar remains in line with previous guidance although we continue to encounter some of the expected side-effects of the lockdown. Our aim is to provide a much more detailed step by stem timetable before the end of summer.