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And in reply to Alan207....I carnt for the life of me believe that you still think that nothing as changed since last year,and you keep referring back to my earlier more positive posts on Angus....well that was then and my recent comments refer to the present situation... Everything changed, we expected oil to flow from Brockham,it didn't, we instead got a water problem, long delay and uncertainty,more shares in issue,boardroom squabbles, P Vonk stepped down,sentient and trust in the company eroded away along with it the share price.stop trying to discredit what I post on here just because it doesn't suit your agenda

Sorry to disappoint you but I don't have any interest in ukog. I'm an investor in Angus and I think I give a realistic viewpoint on the current SP valuation based on the fundamentals of the company and what little oil it is actually producing at this moment in time .

Present state of play is.....No oil production at Balcome ...No oil production at Brockham....dribble production at Lidsey.... SP looks overvalued

Don't disagree with what you've just posted... And many Aim companies including Angs survive on raising funds through dilutive Placings and don't earn much in production revenue ...until they prove up to the market what the flow rates are and remove the uncertainty the SP is where it is.

That's right....their still not producing!!

Should say 25% and 65%

11p get realistic... We've got 25℅ of a slugger ,65℅ of a washout neither yet in production and a dribbler producing very little.

Was expecting confirmation RNS of that to be first. most of what was in today's we already knew...and thats why SP hasn't risen much.

Now hinges on the success or failure of Brockham. In the event of a disappointment with the separation of the water or disappointing flow rates I wouldn't like to think how low a placing price would have to be to get one done, so I can see the sense in doing one before testing Brockham while there are expectations of a good outcome. Needless to say that until Angus do start to produce oil at decent bopd they will have to rely on placings to carry on.

Totally agree with you Harts...that's how I see it...and any placing going to be much discounted from the present share price....3p or less

Soon...insurance against things not working out at Brockham

Alan...the positive comments I posted last year were based on according to P Vonk....its just a question of turning on the taps and that it would flow oil in greater quantities than H/H and a reflection of where share price had risen to previously .....What changed is when we turned the taps on we got water,long delays and uncertainty. And so my sentiment towards the share as changed accordingly. Until we know if the separation of water from the oil is a success and an idea of flow rates the SP is worth more or less where it is now 5-6p

Alan doggy ..was meant to say dodgy....in other words everything at the well is not swinging its dodgy....has problems with water....its not producing anything. You say nothing changed since last year when I was posting positive comments here. But yet the whole ball game changed, "Starwars" didn't happen the share price dived to 3.3p.The board changed,Vonk left,sentiment lost.....Yes new board are keeping us better informed at the moment and things are beginning to move forward. But I'm not going to get carried away with it like some on here. By the way I have always appreciated your knowledgeable posts on this board and in no way do I wish to be critical of you.

Not my intention to make a comparison but to illustrate that the market responds very badly to long delays and failures..its not that long since this share fell from 14p mid Dec to 3.3p near end Feb... Bad enough fall in its self.... Its a "doggy" well...and its far from certain what the outcome will be...chances of success I sincerely hope 100% but in reality 50/50

Yeah. .... big sigh... and if things don't go to plan....85% drop in one day...thats what happened to oil company RPM 2 weeks ago.

Yeah nice buy...but it I'll probably also become a nice sell early Monday morning if price rises to 5.90-6.00p...risky . Why the sudden drop last Thursday morning ?.....next news could be the awaited approvals or .....a big placing at 4p or less announced during early recommencing of work . Because should Brockham well disappoint again that would be a disadvantaged time to raise money for future Balcolme well....only my thoughts and I know a lot on here will argue different.

On the 16th July 2018 Angus share price was 5p. By the 1st August it was 10p

To buy and hold for end of April potential price to 1.40 ish...ex divi date 9th May

In me "WATER" ...excuse the pun, that a rise to 9p is not too far away.

Low share price and High dividend payout.(8.4p)..what's not to like?