Member Info for balancedviewer

I've also seen it go up 16% and drop just as quickly leaving people spiked because of rampers.

Angus have had plenty of cash before but never do anything constructive with it, lets see if miracles exist.

Alan. I always thought the water injection was just for Brockham. The drill or drop article states that water from Lidsey and any other compatible producing fields in the weald. I'm sure the swampies will complain about all the extra traffic, does anyone think GL's pushing it too far.

Alan, he couldn't be telling fibs and cost 300k to get rid could he, he's a very naughty boy.

Brilliant show old boy, give him a pay rise what.

Vonk ,just the fall guy then,take the bullet for the company and all that.

Yanis. It was Vonk that let the Balcombe licence lapse causing Angus the grief of reapplying.

Regards the SP going up, It's nothing for Angus to bragg about hindering the company with a 9.5m extra debt due to gross incompetence when pricing.So up to now Angus has blown £28m without any return, why would you think Angus can get things right without any gas experience. Don't tell me Andrew Hollis will be the project manager making sure things run smoothly, yeh right.

Ocelot. still no answer to the debt shortfall, where is the cash going to come from in your opinion for the 2nd time. If you don't know just say it,It's that simple.

Yanis same here mate.

I'm sure if the SP hits 1p Maddog we'll all celebrate and break out the hobnobs with a cup of tea WOW.

Yanis. Angus are not very good at lucky dip are they.

I think it's pointless talking about anything apart from the finance at present. If we don't get the cash there wont be Angus Energy to talk about.

Mirasol. I like the bit about firing everyone, I bet most are thinking the same LOL.

Octane. When the SP bounced to 1.5p in Jan the base was 1.05. The current price of .071 would indicate a spike to around 1p at the same ratio.

Alan. Do you think ujo are getting a good deal buying offshore royalties. My Q&A to Angus this month for cash flow. Surely it must be better than throwing cash in a bottomless pit at Balcombe.

Ocelot. Where do you think angus will get the finance shortfall from, and do you think the BOD deserve the intended pay rise.

Just a quick question, Is it worth anymore Q and A before the cut off because they wont be answered until the AGM.

Maddog We can only wait and see but i hope GL has a 2nd option incase things don't go to plan. It's only like buying a property, there are no firm commitments until the contracts are signed. As i said previously the finance is only the first hurdle so we all have to keep well grounded. I'm sure everybody will be relieved if and when Angus deliver.

Maddog I did agree with there being value in the gas well, but if you watch GL's video when the SP was 4p he said the SP should be 8p if he clinches the deal. Please take note that was only his opinion and not the market.The next thing that other posters have pointed out is there doesn't seem to be plan B for the finance. GL didn't give a straight answer to a very simple question, and failing to get a deal himself but relying on others to do his job doesn't look good on his so called credentials. If we get the finance great, but Angus have had cash in the past for projects which have not materialised so the trust in their competence has evaporated. My concern is how long Saltfleetby is going to take to produce, and how long to get spares from abroad with all the regulations in place. P.S yes i'm a shareholder, but seeing is now believing like most with Angus.