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Some of the posters in here realise you have to speculate to accumulate, Ok there is dilution but look at all the gear that as been bought with it to get this mine producing what it should be producing. It would be very hard to use a pick and shovel don't you think to dig out millions of tons.

Most of those shares will be forward sold already just the ones left from last RNS.

Most of those shares will have been sold on Pecten11 nothing to worry about that is why it is now a great time to buy they will not be this price in a couple of weeks.

Aimed at Pecten11

Where do the 761 million plus shares come from I seemed to have missed those

There will be no more conversions from Atlas which is good, there will be just over 1 billion shares in circulation, in the coming weeks this share should be at least 5p to 6p with a market cap of around 50 or 60 million on expected production. This mine is a 100 million mine bought for peanuts. Things never go according to plan as we all know but now is the time to think seriously about jumping on board as I did today. Good luck with your investments whatever you are invested in.

Remind me of good cop bad cop. All that sorry to see you go Yanis hope you keep well just a load of old crock. It was people like you that scared him off if the first place with all your bull5hit posts. One down 1,999,000 to go. In your dreams

Thank you for your input appreciated. All I can say is there are some big players throwing their money at Angus, you know the saying follow the money, they will know a lot more than we know.

You are adding up the 546 million twice. I have been to Angus Website and looked up how many shares in circulation before the buyout, they had 1,368,650,514 shares in circulation. they will after the buyout have 2,283,650,514. If you add up the other 546,000000 you seem to think they have put out there the number of shares would be 2,829,650,514. Get your calculator out and check for yourself.

Ok all in all it has cost 12 million in loans and 14 million for the buyout, out how long do you think that will take to pay off with the Gas prices as they are over the life of the well that will be peanuts. The edge will be easily handled for the same reasons the price of Gas will be high for quit awhile and Angus will make millions for the outlay.

Sorry this was meant for Yanis

They will pay £250,000 cash on completion, £6000000 over 3 years the rest is the shares £6000000 pounds worth which you are on about and 91000000 shares that can be sold or should I say that have been sold. They have not paid them £14000000 in cash

They will pay £250,000 cash on completion, £6000000 over 3 years the rest is the shares £6000000 pounds worth which you are on about and 91000000 shares that can be sold or should I say that have been sold. They have not paid them £14000000 in cash

Your not fit to lick GL's boots he his trying to make me and other PI's money, you on the other hand want us to lose it. If you think taking over the other partner and now holding 100% of the Gas and Condensate is foolish you are a complete fool, not with standing any other greenie who thinks we do not need fossil fuels at this moment in time. People like Ruth who drives around using petrol or diesel flies around in planes, uses fossil fuel to heat her home and cook are all too faced, they make me vomit.

Your time is nearly up in here as well you know, you will be redundant. You will have to change your name again, try DH
(Di5kHead) that should suit your persona. Have a nice day.

Do not forget guys Condensate is worth 4 or 5 dollars more a barrel than Crude Oil.

I was thinking 2p to 3p with 51% but with 100% who knows.

To buy in now at these prices. It will be a different ball game in a few weeks when the Gas and Condensate start flowing with Angus owning 100% of the field.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/47922/473-application-wingas-gas-storage-saltfleetby.pdf

It is already earmarked for Gas Storage.

If Angus sell out to a big company SEL still have their finger in the pie. Just a thought