Member Info for Alexios

Sky Sources: Tour operator Thomas Cook is in advanced talks with its lenders to secure a £400m extension to its borrowing facilities

Wot has Andalas got to do with India???

3weeks inc flowtest if I'm correct

$15.6M Cash

$7.9M Tapi Aike seismics
~$2-2.5M debt interest
Min $2M admin

~$12.4M cash gone already

4 Tapi Aike wells will cost ~$12M

Well they are ok if they are not drilling Tapi Aike in Q4

Cash will need to be raised regardless, their current revenues barely cover ops costs

Unless some magic happens

Leaving it alone until Q4 when there's more colour

What's the chance that water produced together with oil and reinjected for years from Portland zone and Lidsey oil field found it's way through the fractured network and faults underground and screwing up Brx4z sidetrack well???

I know there is a bit of a distance from water injection well to Brx4z, but still...

Did anyone thought about this???

Plus Brx4 vertical was water wet in Portland zone when they originally drilled it...

I am aware that they are two different zones but surely they can be connected through the faults.

Authorised max shares in issue 149M
Current shares in issue 140.75M

They can only issue ~8.25M shares at min 0.2p

Not sure how difficult it is to alter the Articles of Association and increase the authorised max shares in issue to issue more shares

They will have to sooner or later

Loss making

BOD wages reduced massively

Cash ~£220k

They are ok for 6-9months

But what next???

The company will have to restructured completely and something else will have to be found

Have it on my watchlist regardless

Did they pay back all £3M?

Haha not that hard is it well unless the view was sideways

£1.5M to YA outstanding still

This is not only Tidswell who gets in the wrong hole

We all get the same at times

Record date was yesterday
Today's buyers will not get the open offer shares

Betaville report

RARE ALERT: Angus Energy plots multi-million pound equity fundraising
https://t.co/LWym1lnOhg

Some have too much time I am guessing

Free cash ~£1M in February

Shell valued at Cash

6months for RTO from 28Jan

Suspension 28Jul

Someone will pick it up for RTO

DanBrown,

Sentiment

ANGS hit over £80M Mcap on potential 1000's bopd and when in reality it was producing ~30bopd gross from two sites

Sentiment can take the stock to dizzy heights

What a ride

Well done early birds

4.471Bn shares in issue plus 852m warrants

£12.7M at 0.285p

Fully diluted(inc 852m warrants) £15.2M at 0.285p

They are raising £350M as soon as they get the resolutions 17 and 18 passed
So anytime after 21May

£350M divided by 64,29M shares works out ~544p

Mcap of £530M

Which is under FTSE250 Index Exit threshold of ~£546M

Won't be good

32,148,751 ×' 2 = 64,297,502 total

Read again

Resolution 17 a) + b)

to exercise all powers of the Company to allot and to make offers or agreements to allot shares or grant rights to
subscribe shares or convert any securities into shares:
a) up to an aggregate nominal amount of £32.15; and
b) up to a further aggregate nominal amount of £32.15 in connection with an offer by way of a rights issue