We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Ignorant green hogwash BV simple as
Mirasol, you seem to be changing the suject, Gas is the order of the day.
No not we're Mirasol.....
You own the sum of jack shight
we're in the hands of the financiers from tomorrow
ddi you buy the dip!
"George hinted at something exciting about Lidsey, with a throwaway remark in a previous interview.
Something like doubling of the CPR."
From the Interim Results published today
"The new mapping shows there to be a significant structure not dissimilar in area to the original structure considered by the previous Competent Person's Report"
"
New pics on Twitter.
let's just wait a week or so and see... no point speculating. I'll join your club if no gas by 12th. SL
Silverlight, I'd entirely agree with you...
...except for the fact that ANGS and George are still doing the same thing. It is categorically not "the past".
ive an old fishing rod you can have, send me your address. It's quite therapeutic and takes up many hours.
hits seriously you do over the same thing day in day out.
""Basically eternally over-promising and eternally under-delivering - and it continues to this day. ""
no one cares about the past apart from a few old investors that bought at the wrong time, the future is bright, and to be honest those that jump on this on first gas wont have a clue about the history. just have a rest now, its over ... or buy some stock.
Quote of the year from HITS
'In case anyone hadn't worked it out, I'm not exactly the biggest fan of ANGS and its current executive dream team'
did make me chuckle that
"The market has zero confidence in the bod. The SP is where it is 100% due to the lack of trust in the bod and their ability to deliver and be honest with the market and their shareholders."
This is just totally true.
In case anyone hadn't worked it out, I'm not exactly the biggest fan of ANGS and its current executive dream team.
Howeever, even I strongly suspect that, if the market in general actually believed George's latest and much-revised production prediction from this week of 5 million therms per quarter in the slightest, the SP would be notably higher than it currently is, just on the basis of simple maths.
And that's entirely ignoring the sidetrack and what that may or may not end up delivering.
SB made a (to me) very pertinent comment a day or so ago - he/she re-iterated that ANGS has a continual and compulsive habit of coming up with over-egged PR spin, making promises and issuing estimates that it very shortly afterwards has to completely row back on. Basically eternally over-promising and eternally under-delivering - and it continues to this day. And still repeatedly doing that is the single most damaging thing to shareholder value that George can do... perhaps he should radically change tactics?.
Fracking decision today from parliament.
George hinted at something exciting about Lidsey, with a throwaway remark in a previous interview.
Something like doubling of the CPR.
That on top of gas flow and a side track at Brockham and Balcombe to get the go ahead.
What ‘s not to like about this share. I’m excited.
Thats only a bag for all these years of work, cr@p does a lot more on a lot less, but have to take into account the lack of cash sloshing around at the moment, especially in PI world.
2.5p would do for on first gas as concept proved and people can relax into it, still needs 100% gain for that in this market. The MUCH bigger numbers after proving flow and side-track. SL
Crocqman,
Totally agree with your last post, no doubt there will be those who just don’t get it.
GLA
They will, no more delays going to explode
"Looks like Angus will hit the market at the perfect time. How fortuitous"
The perfect time would have been back in Q4 last year, one of the many, many missed deadlines put forward by the board for first gas in the last 3 years, or so.
Since then, we have had Jan, Feb, Q1, April, May, Some time in June, end of June, beginning of July, and now 7th to 12th July, and I do not think that is even an exaggeration. I may have missed a few too.
It has been around 9 months now that we have been seeing regular posts saying 'not long now, another week or month won't matter'
Instead of announcing a delay every few months, we are getting a delay every week or two, even when we are only a week or two away from first gas.
They MUST deliver now.
No more excuses.
No more delays
The market has zero confidence in the bod. The SP is where it is 100% due to the lack of trust in the bod and their ability to deliver and be honest with the market and their shareholders.
They have torpedoed the SP with their own actions multiple times in the last couple of years, pretty much since the Shell off-take agreement was announced. Although that was when covid hit the world, every single time the SP has gained any traction since then, they have said/done something to stop it in it's tracks.
And that is just in the timeframe of GL and the new regime.
Still not expecting much more than 2p to 2.5p on first gas, and my conservative target compared to others looks optimistic based on the seeming lack of sentiment, and interest here so close to production, as evidenced in the SP and current volumes.
Looking for change, and ready to be pleasantly surprised
gla
Looks like Angus will hit the market at the perfect time. How fortuitous
Yes, the front month has shifted to August: 255p:
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5253322
"only 2p , what about the other assets . i think thats very very very conservative"
like 3p Adrain?????
FWIW - My posting history shows that I have held for some time. My B/E is 2.3p . This is 2% of my portfolio so I can afford to relax. I cross my fingers and expect a profit.
HITS does not talk drivel. The bit I don't understand is the constant repetition. Any well researched investor knows these numbers. It is all about the gas - how much, when and thereafter the sidetrack. It is also about the gas price (which may rise or fall Ukraine war dependent). Depending on your view buy, hold or sell. In the meantime GL continues to prove that the management team are incompetent. Delays, cost over runs only rescued by the ukraine war pushing up gas prices. George if you are reading you are a total wombat (waste of money brains and time). If you worked for mre I would have fired you for gross incompetence. Thank god for gas prices.
Please think again