Member Info for Argylerich

In reality now it's all about those $25m of short term loans balanced against Slawson coming online and the requirements for the infrastructure refurbishment.

At least they say the bridging loan is revolving even if it's @ 12%.

October RCF meeting next checkpoint.

So you want more oil flowing from elsewhere... reducing the market price for what ZPHR ae producing... then you'll buy in??

LOL

The risk/reward balance has changed. It used to be a 'safe' bet upwards.

I agree about the long term, but the selective comms and change in the risk/reward profile have altered things for me.

Fingers crossed for the loyalists.

Was that you selling out?

Aptamers/Optimers, great explainer of capabilities from the presentation last week:

https://www.youtube.com/watch?v=oUYykJ9s5Yw

Ezhik all ZPHR gas output has to be routed through the processing plant first then on to the Dominion pipeline.

16-2 still needs its connection pipe application done let alone the build. 36-2/the rest still need the refurb contract announced.

Thank you Tom

Do you have a link please?

Adon/Molatov it's certainly a strange one.

If you're balls deep or full of FOMO, it's positive.

If you remove the bias, it's simply 'why is this needed' which leads to more questions which they could of easily dispelled by continuing the distance progress reports which have stopped since they realised they were missing the last 2000ft of pipe.

Ezhik, I've asked myself that question many times and only they know the answer, so we're forced to speculate. My answer is 'while the insurance is paying for it... as we don't have the funds/share price stabilty, to redrill right now'.

Not sure where the market speculation was that 'caused' this RNS.

Feels like one of those 'hang in there' messages that are 50/50 for the benefit of the company/shareholders.

Richard Griffiths increasing his bet

No clear market direction, just current 'players' running their game...

Found by darrin1471 on advfn:

September update from Onward Opportunities who hold 4% in ANG says:

"PE interest in fishing tackle retailers in the US & Nordics"

https://onwardopportunities.co.uk/wp-content/uploads/2023/09/Onward-Opportunities-Half-Year-Update-September-2023.pdf

Only been a volume of around 150m since the placing. I think we can expect more churn still.

They have only sold 490k. The figures in the original RNS were wrong.

We can still expect more of the undignified rush to get 10% that you'd expect from the average TP placing.

2.5m traded after the bell last night is the right amount to close their short position....?

"Overall the Board is confident that a combination of continuing UK sales momentum with balancing European growth and profitability means that the Group is well placed to deliver revenue and Pre IFRS 16 EBITDA in line with full year market expectations"

With a required 39.7m to achieve this in H2, they must have a good momentum leaving H1 and into August as they'll need an increase of turnover in H2 of around 12% (2023 35.2m)

It would help then if they actually finished the application process for the connecting pipeline from 16-2 then!

Why are they so afraid of actually saying what's happening at 36-2?

It's obviously not a normal pipe retrieve and replace scenario, are they having to drill it out?

Everything else is great, but just spit it the actual 36-2 news!