Member Info for bottom_feeder

WG: THat 'may' be true.... but the photos don't show any actual flaming. I for one would expect to show actual flaring if I was going to make such a statement. As it is, the photos do not support the statement.

If they did actually 'Flare' then it shouldn't be difficult to show that.

At the very least, if ANGS does read theis board then they could try to prove 'flaring' capability properly just to prove it.

But we'll wait and see.

SL: All dealys are entirely predicable eh?????

Well, what you are ACTUALLY saying there SL is that GL CAN'T even predict ENTIRELY Predicable delays..... now that is even more laughable ha ha ha

SL: you made my day with that 'Cutting' rebuke of GL' incapabilities :-) :-) :-) :-)

Thank you for confirming what we all know to be the truth abougt GL.

Mirasol: One thing that REALLY worries me is that the four photos ANGS' released of the so-called Flaring DIDN'T actually show ANY flaring at all. I can only see pictures of the equipment..... not a single actual flame or any indication of such on the Twttier feed.

So, uness there are 'other' photos showing the actual flames etc then I have ot say that there is categorically NO EVIDENCE that flaring took place.

I, like many others, deserve to see 'Actual' evidence..... not GL' pontifications.... because that's aall they are up to now.

So, has anyone got ACTUAL proof of 'Flaring'????

Mr008: that's the clincher. GL DELIBERATELY left the delivery date "open-ended" so he can yet again allow himself the luxury of being accused of deceit or failure.

Of the 6/7 consecutive lies over a year, GL STILL can't get a single milestone set in concrete, even at such a confined window.

To be unable as a manager to get and give a one week confirmed delivery window within such a short period of comletion is beyond INCOMPETENT.

IT infers he has NO real CONTROL of the company and is simply riding a very long wave of deceit, hope and dare I say.... DESPARATION.

I and others on here woyld like to think that at such a late stage even the incompetent GL MUST be able to finally end up being VERY LUCKY and get something right.

If this were a Darts match, GL would have completely missed the board with at least 6 darts..... while moving ever closer to the board. Now he is only 3ft from the board.... and he still can't even hit it.

So, his INFERENCE that ANGS can begin 1st gas flow (only into the plant though) by or before 18th SHOULD be the LAST time we he him making any statement on that particular 'target'.

But his UTTER FAILURE to give any 'real' target date foe Shell delivery is a BIG RED FLAG.

So, I personally believe ANGS will not deliver to Shell until AFTER 18th... likely heading to 22nd...25th.

Even then they are not only pretty well one month behind the hedge but.... they are still failing to confirm to me what their invoice payment period is.

It infers to me that ANGS and GL are actually petrified to let shareholders know just how long (1-3 months) the delay will be before they get any actual revenue AFTER first revenue gas delivery [1st RGD]

Clearly you all need to read GL's responses more diligently.

Yes he spouts on about 5.4, 7, 10 etc but these figures are hyperbole.

In one of his other responses he responds.....

"...Generally there are technical risks to pushing a well too hard, but we think that we could do better than 1.5m therms and, likewise the site equipment has some flex in terms of capacity but it would require some thought and planning."

the issue here is that he is making a case that pushing a single well beyond 1.5m therms is only 'possible'. But to reach 5.4m therms with jsut two wells or even 7m therms with sidetrack etc would require reaching over 2m therms each.

The figures just don't add up in my view. GL has already admitted that previous operators had Compressor issues. THe fact that one can 'claim' that the field pressures may have stabilised around the delivery ports is an obvious fact.

but I would seriously hold off beleiving figures such as 7m therms until at least 3-6 months of steady flow unitl we see the 'stabilised' figures.

Even if they do start delivering today, ANGS NEED to begin delivering at much more than 1.5m Therms imminently or they are in financial trouble. The's the issue here. they are already eating into their £6million reserves (oops I mean their Regulatory-based funding).

I've been working away for a client. Finally finished up and back home to enjoy this hot weather and relish reading the chat boards on an intermediate basis :-)

Funny you should mention that the Hedge runnig has been mentioned so much, as some people still deny it - funny that ha ha

Anyway, I'm off to a Charity shop as I managed to reserve a proper (refrigerant-based) portable, air-conditioning unit. So can't wait to get that up and running :-) :-) :-)

HITS: thanks for confirming the Hedge is now operational. I thought it must be. even though some posters try to imply it isn't.

Couldn't agree with you more Tygra :-)

Investment can only be based on financials, at present ANGS has a somewht slim chance of pulling itself out of the quagmire GL has put them in. He's not a Leader, more a SPin Doctor.

If they 'begin' to deliver, at least I hope it's this month at some time, then my other concern is as I've mentioned earlier about how long is the Invoice PAyment period for their Gas deliveries?

I've written to ANGS directly to ascertain this information but have not received any fedback nor seen my question popo up on the company's Shareholder Questionnaire page.

I suspect like any 'normal' business it is going to be at least 30 days, but I suspect it may ben even more.

If its any of the above then that means ANGS WON'T get any funds into their coffers until at least nearer the end of next month if not later. So the £6mil will be used to cover outgoings.

"Silver, great posts. AtbW ha ha ha

I just see Green bars - wonderful.

Mullins58: Clearly you are of the same 'elk' as SL so your filterd too - bye bye :-)

I'm at a loss to understand how people can read GL' shareholder queation about flow rates and believe they can possibly achieve 5mmscfd, even with secondary flow.

GL made a very clear statement that they won't push each well (hole) above 1.5mmscfd even with compressor capability.

Read his response people.

And I may be mistaken but I believe we are now being hedged in July. Unless someone can confirm hedging doesn't apply until August (HITS can you confirm hedging please).

But, it's the 11th July so we MUST receive an RNS tomorrow to either confirm first gas or to admit further delay. To not provide any RNS is tantamount to utter disdain and disrespect for PIs. But, GL and the ANGS BOD don't actually care..... because it's IMPOSSIBLE for PIs to force them out. And that's the truth we PIs have to live with.

Sl: and as everyone already kbows.... what GL says and what ACTULLY happens are in different multiverses :-)

But, as I say, let's see what the next 2-5 days bring. Gl could have announced on Friday or even today that everything was completevand they were looking to slowly open up the well to test through-flow, compression etc. Yet they haven't.
It's pretty crucial stage, yet no news.... hmmm... PIAB comes to mind.

As for me, I'll wait until 'after' the announcement that they have not onky started delivering gas BUT "WHEN" they start receiving actual income into the company coffers and how much.

Remember, they are enterying into July (hedging invoked) with no production for at LEAST 1-2 weeks. So that means they will be financially negative.

Hence the real reason for the extra £6million raise.

Silverlight: you are nothing more than a Persistent RAMPER, yet you indulge in seeking to tar others as so-called de-rampers... rather hypocritical.

Your point that 'they' (aka GL, aka ANGS) would have released news ofvany delay on Friday is in fact a double-edged sword which you can't see.

WHY did ANGS NOT confirm on Friday that they WERE on schedule???

Either way it is equally damning that they neither confirmed or denied progress.

So let's put forward a hypothetical proposition and we can all see it there is any basis for it in fact within the next 2-5 days....

GL (aka GoldieLocks) could not make a definitive statement on Friday of any progress as he would be in a rather poor position if he is seen to blatant lie (this has never stopped him before however).

Instead, he keeps very quiet. A high-altitude drone footage is seen which is rather useless given the distance so one has to ask why the drone can't be flown lower. (There are no real height restrictions in that area).

Instead, a news release or twitter statement will be made that there were some 'delays' (most likely purporting to be for safety grounds or third-party issues blah blah).

But.... GoldieLocks will assure everyone that they are STILL on track for the 7th-12th July for "delivery" of 1st 'revenue' generating gas.

However, at NO POINT has ANGS (GoldieLocks) ACTUALLY said WHEN the company will receive payment of that revenue into the company coffers.

Yet no one has asked that question.

By the way, 'normal' business payment invoices are 30 days, I would love to know what are the terms for invoice payments, as ANGS hasn't specified them.

IMHO

Agreed. the site hasn't complted everything and the gas isn't even flowing so why anybody with an ounce of common sense should get all worked up and excited about the fact that ANGS has merely burnt off some test gas is beyond me. The Flare pictures were simply a SPIN attempot by the company to gain 'traction' for their never-ending spin about first gas being imminent.

I find it beyond any comprehension that spome people on here either don't have the brains to figure out that they are being misled or are deliberately trying to ramp the SP up for their own nevarious ends.

Gas will flow 'if' and 'when' it does. But it won't flow more than 1.5 capacity for any lenghth of time if at all.

read GL's response regarding maximum flow rates. It's blatantly clear that they don't envisage going beyond the 1.5 for a single well, even if GL 'claims' they have spare compressor capacity to do so.

It's all there in black and white to read.

the fact that GL has not released a statement within the last 2-3 days about everything being ready is a sure sign there may indeed be yet another delay.

But, let's be clear here, it does NOT take a genius to work out that, at this stage it should be neigh IMPOSSIBLE for any decent Drill Management team to give a VERY precise time plan of when things should happen.

This is akin to being on the day before a wedding date and an annoucnement that the wedding may take place within the next 3 weeks. i.e. They should be albe to give us the precise day for first gas flow by now, yet are saying absolutely nothing.

GL is nothing more than a blatant SPIN DOCTOR continuously spotting verbal detritous hoping he can sound good.

Anyone can talk about 'tech' stuff etc but it seems GL and the BOD and his Drill Management team are severely incapable of telling not only the truth but of even planning a PIAB.

Expect this to drop within the week as yet another delay occurs. Probably due to some issue with the Outsource Commissioning (i.e. he'll blame third parties).... maybe even the warm weather or Covid spikes.

All I can say is don't truth a man who continuously fails to deliver. Even when first gas flows, GL still deserves to be kicked out of the company. He's a waste of money.

There appears be be some 'hope' that the recent announcement of the NICE diagnostic review of Gendrive tech will be good news.

Unfortunately, the NICE website indicates the Diagnsotics review results aren't scheduled to be released until Q3-4 2023:

Genedrive MT-RNR1 ID System for detecting single nucleotide polymorphism m.1555A>G in newborn babies (provisional title)

In development [GID-DG10057] Expected publication date: 13 September 2023

https://www.nice.org.uk/guidance/indevelopment/gid-dg10057

So, we're left high and dry not knowing what is happening and now view of when this BOD is likely to be capable of selling anything.... shame.

I've now topped out at 2.10 and no funds left to enjoy any further averaging down.

So hoping the drop towards 2.08 is the 'bottom'.

Maybe this will rise towards 2.30 in next few weeks as fundamentalky its still a 'viable' stock.

No matter what shares you own, the US CPI figures are going to slam the markets today.

"The SP level once George gets his new authority will be interesting."

Yes, couldn't agree more. I suspect the SP will still get hit even though the minor dilution should be well and truly drilled in (puns intended).

However it's a fickle market. So I'm speculating that the SP will drift down next week towards 1.05-1.1 again.... even lower if GL embarasses everyone with a further delay notice.

Then it's pile in time to partake in a nice spike. 30%-40% will do me nicely. After that it's jump ship as we won't get decent movement until near end of Sept when the Sidetrack will (hopefully) be nearing completion. But who knows what the Sidetrack will provide. The main well (1st gas) consistent flow rates will give us a 'potential' clue.

UDD: Yep sell at 1.18, it was actually 1.183 :-)

Happy to take 'snippet's at this stage. And of course I wish those (I haven't filtered) make gains in the next days, weeks and even months.

I'll just dip in and out where I think I can take returns :-)

Well, this morning has been VERY productive for me.

Managed to sell off my ANGS shares and claw some money back.
Also managed to Filter out a bunch of undesirables so I can concentrate on those Users who provide viable, useful, factual comments without resorting to name-calling or hiding behind 'cloaked' abusive terms/comments.

But, as much as I love the ever growing Green Bars, I have to get down to doing some more consultancy work and earning decent money :-)

So, all those who I haven't filtered, have a nice, profitable day and a lovely weekend doing what puts a smile on your face and on those you love.

Ciao Bella :-) :-)

P.S. I might drop back in later for some amusing "Green Bar Therapy" :-)

W51: Filtered ha ha ha ha ha ha ha trap bait sucker

As per one of your own previous posts:-

"So there is no need for you to hang around then.
Don't call us we will call you.
GLA"

Time for you to be silenced :-)