Member Info for Bubblepoint

ViZZZZ,

I would suggest you DON'T make false assumptions and post as supposed FACT, I do NOT short ANY stock, never have and never will, you say negative, I simply say realist, AND proven correct to date.

YOU have a filter button, if you don't want to see my posts then USE IT. lol

As for "influencing the market !!!!! Really !!! how naïve you show yourself to be, forums have long gone really had ANY influence on SP, and even when they do it is a tiny nudge on the dial, the City and the big guns move Aim stocks as and when it suits, it is simply a case of being quick & sharp enough to follow their movements and react accordingly.

Keep trying !!! one day you may post something worth reading !!

""The only downside is ensuring the drills are successful first time and that is the main reason Angus Energy have racked up huge costs to getting to the current output levels because they had to incur the costs of Three Drills for One additional Well,""

EHHHH Singhie,,,, this outfit KNEW what the past problems were before the drill, THEY set out a drill program to COUNTER those issues and ensure a smooth operation to completion, BUT once they actually started they then started cutting corners, which just magnified the problems week on week, month on month, £millions on Millions wasted and a mountain of excess time and missed production revenues.

They again know the issues "first hand" for the next time, but that does not mean that ignorance and chancer stakes will come into play AGAIN, it is simply within the outfits genes.

The amateur green box brigade is busy tonight lol...........

Infact, like the £6m payday debt, the $5m + owed to Forrest-gate/Forum would also need neigh on 1-1.5 billion shares to cover that debt if it were to go to dilution to pay him off, more likely 2 billion because it would never be taken at current price.

Ocelot,

You cannot compare simply because Angus have NOT paid up for the Forum stake in full, not by some margin, and along with that, regardless of 51%, 75% or 100% it remains fact that they have been producing for well over a year and still have a debt mountain to clear that should never have existed to this point.

Infact it makes the 7x dilution to date worse in the fact they have not truly secured the additional interest in full, far from it.

And deluded !!!!!!!!!!!! really, I have maintained my industry based opinion on Angus throughout, and bailed for some of those reasons many months ago, so far Angus have almost deliberately and part through poor management decisions, undermined the asset, and that has been the case for around 18 months now. Angus don't care about retail, they have secured their hefty pay packets for a good few years, regardless of what SLBY does or doesn't do for retail.

Deluded would be staying in through thick & thin and then sitting here praying for a global financing miracle, which even if they do get it simply just kicks the can a LOT further down the road for retail, just with a softer kick.

They would be far better to not do it now they already sunk the £3m payday loan, just do the same for the £6m payday loan, get it out the way, clear the rest of the debts by mid spring and happy days for summer next year, many won't want that here, but considering Angus has already diluted near 7 fold since slby initiation, then adding only say 1.5 billion shares on to the current number is quiet minimal in damage for clearing it out the way.

Good luck with your mindset but it is as flawed as your political views

Siinghie, Don't talk sheite, I monitor it daily, so I am more than aware of its movements, and it is mostly affected by small global butterfly effect events, or more serious events, but generally if the market feels supply is sufficient and relatively stable then the price simply comes off, as it is at the moment.

Beachhut,

You need to get onboard with it, basically Singhie wants to create or hopes for some more serious political unrest in the world, and as a result the gas prices will rally and Angus will be celebrating, not sure about retail yet, but they will !!

Well Singhie, gas futures are DOWN over 7% with Dec at 113p. No future months over 123p at this time !!!!

Best you run along quickly and throw some rocks somewhere, cause some more unrest in the world and hope for a knee jerk reaction on the gas prices !!!!

Lol just LOL Singhie

Hello GREEN BOX, still talking crap I assume lol..........

Singhie,

What is banked profit doesn't get touched, I have a VERY disciplined line I use, and I don't deviate.

As for your Brexit waffle, I have zero issue with the single market, works for everyone. The primary purpose of Brexit from my view is for Britain to be controlled by Britain and not some wazok in the EU, along with stopping the swarm of illegals paddling over, which is a total fail so far, but sooner or later it will be stopped.

As for Angus, my concerns are NOT with the field, never have been, they land mainly on how Angus can get themselves out of the corner they are stuck in and also deliver SOME retail reward, but so far they failed on that front and my concern is any uplift just gives room for Forum or Kemexon to offload some, especially with the £6m payday loan still lurking in the background.

Ineedofdollar,

Don't hold your breath, the new flowline won't change production, the well is already optimised and flowing what it can in relation to dew point etc.

Gas futures gonna need to be worked harder Singhie to see the hoped Angus average of 125p, currently down at 118p for December.

Maybe start a political war somewhere, spew out some of your countless weird political views should do it lol.

And NOW they finally inform that it was not JUST well test pipe work, but included additional well test separator too, which was obvious for me, but typical of them to not say it as it is before, should save them £80-100k per month on OPEX.

Ocelot,

I didn't run the company into a corner did I, I post as I see it, and at this time I hold little confidence in what and where they are with things.

Nothing to do with the actual field, it is everything to do with past & present management, dishonesty, poor decisions and almost deliberate undermining of the asset to make it worthless to retail.

If you don't want to see my posts then hit the filter button, but i will still be posting regardless.

There will be money to be made in Angus, but for me it isn't yet !!!

But what interests most investors is the future.

£6m+ and a shed load more dilution !!!!!!!!!!!!!!!!!!!!!

Not at all Ocelot, just the reality rather than wishful thinking, but at the end of the day the sp tells you the result of their actions, unless you consider that as false too lol

At least Dlick Turpin wore a mask, unlike SS & DL, just take it out yer pockets in broad daylight and smile about it !!

The reason they wanted global finance in the first place is because they feked up too many times at huge cost, lied about what some of the raises were for, and deliberately undermined the asset with payday debt and crappy finance with ermmmmm royalties for life !!!!!!!!!!

nothing more, nothing less.