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SFB on track
oil sales from brockham - imminent
lidsey back on line mid june
Donek, it will make Yanis have a gleam on his face later GLA!
BV,
cash from gas
cash from oil
whats not to like!
Morning BV, spot on mate! all good now :):):):)
I'm just gonna come out and say it........WOOOOOOHOOOOOOO!
PE Ratio guys ?
Yannis. Happy Friday chap. Gla old and new. This is Angs time to shine.
A nice Brockham RNS would give us an excellent week all round.
BV, a nice Brockham RNS before 12:00AM will be lovely :)
It will steadily rerate now. I maintain 3-5p in the period ahead. Atb
MM's seem afraid to make a market. Very difficult to buy in size atm. Its NT again nothing available at the offer, some delayed prints could be whats been keeping this in range. Next few sessions i believe it will break out big.
Once the 1.55p resistance is taken out we should see a substantial move higher and this I think it will happen before first gas.
We have been seeing so many of these relatively large round number delayed trades for weeks now:
13-May-22 09:54:37 1.31 2,500,000 Unknown* 1.25 1.35 32.75k O
13-May-22 09:44:25 1.325 2,500,000 Unknown* 1.25 1.35 33.13k O
An accumulation appears to be happening from one or more entities as all of these trades are snapped up during the trading day. Placing shares from one of the many dilutions could still be mixed in with these, but in my opinion there's been a number of buyers taking positions for a few months now.
A lot of shares are in retail hands and a lot of us retail investors (I can only speak for myself) aren't throwing £30k plus in the pot every week. It would make sense for junior funds and other institutions to be taking a position because all information points to a sharp short term increase once SFB flows and there's always those in the know who will have prior knowledge of possible offers and the amount.
Volume is still healthy for the amount of shares we have in issue so there's definitely considerable interest in ANGS presently.
All the best
I think this will be the last chance to get in at between 1.25 and 1.35.Make your mins up guys and gals it will be a lot higher when the Gas and Condensate starts flowing from Saltfleetby and the Oil from Brockham.
Would not want to be out of this over the weekend
There I said it……
I agree. There will be a lot coverage, NatGas very topical and Saltfleetby is first facility of its kind in the UK in decades. All the focus is on energy security right now. I maybe being conservative with my 3-5p but I prefer that for now, we know when sentiment and momentum takes hold on AIM it's blue skys really you could have a situation of where it goes on a mad run into double digits, but feet on ground for now.
Trade desk. I think the mms. Will spike this upward this afternoon. Looking for profit taking. And ready for a gap up on Monday. Angs should be news rich next week and we all know that the market likes a positive rns. All imo. But we have all been waiting for this positive turnaround. Gla
We should also be told the current production details from Brockham before the reperforation work commences. That is due right about now based on the last communication from the company stating they would update us within 2 weeks as per below:
'We expect to update the market on existing production from BRX2-Y now supported by water injection in the coming fortnight.'
That was released on 27th April so if we 'assume' he didn't include the two weekends in that forecast, Monday is the day for 2 weeks to be up. This afternoon or after hours today could very well be a good shout for a Brockham update, It'll give us something to think about over the weekend.
All the best
You want to be in before the institutions start loading Angus on market if they haven't already started doing so. Theres a reason why multiple parties have shown an interest in purchasing Saltfleetby, they want exposure to it. Atb
"The average hedged sales price is 43 pence/therm over the life of the hedge and the unhedged forward prices are presently not far off 300 pence/therm for unhedged sales in H2 2022. On the basis of a side track completed and online by mid August then H2 gross revenues (Angus share 51%) might be in the region of £24m which would ignore any benefit of unhedged production during June, potentially worth a further £4.5m at 300pence/therm"
Very significant for a company with a market cap of just £16m. Try £100m on a PE of just 3 and thats very very conservative looking at 7p+. I'm thinking PE 5/6 to be a bit more fair, £200m 14p+. Take out the side track its still 3-5p all day long.
https://twitter.com/angusenergyplc/status/1525104595986534401
"Last skid arriving on site and in place"
https://twitter.com/angusenergyplc/status/1525104595986534401?t=802l1aj2cjTdJsgF8H1YIQ&s=19
Lovely!
cash in Gas Incoming.
Any chance they may get first gas early??? If I were a betting man. I would say yes. This is great.
Made good time half hour earlier than I thought.