Member Info for Bubblepoint

Is that you Asher ?? that has offloaded 2m & 1m this morning at 0.61p lol ??? I am sure someone mentioned a "surge" for this morning !!! hmmmm

Thank you for the "polite" reply Singhie.

Though you note Domestic & geopolitical as really being the main factors that affected your projections, when in reality the real reason behind the fall off in the SP is down to VERY poor decisions that have been extremely costly, and has resulted in them having to roll with Payday debt to cover lied too missed hedge costs, and the blatantly poor drilling decisions that cost a huge amount of rig time and drilling solution issues that should not really have happened, IF they had stuck to Plan A and not tried some not so smart corner cutting at the time.

Even Mercuria managed to get a shaftingly blinding deal over the table, the loan with interest etc is one thing, but them squeezing it with an 8% gross production revenue royalty on the field for life is something insane. Really insane.

OK, the 8% isn't the end of the world, but gezzzz, what a potential return for Mercuria. the rest of the payday debt and Forrest-gate IOU is still holding this back badly.

Yes, Global finance of £20m will consolidate all the past stuff, and leave them with a large chunk for other things, but minus the 8% royalty and the new £20m debt servicing will still weigh heavy on revenue regardless, it is simply a solution to ease the pain, not remove it.

Also Angus need to offer some projection on when they expect such High velocity production string workover/s, and when they expect they will be needed, as this will also impact as partial production loss for some time, and a notable cost to perform that on one or all wells.

I am NOT anti Saltsfleetby, its a good producing asset at this time, but I am very disappointed in Angus.

Ohhhh AND I will add, that I OPENLY posted I had sold most of my stock at the time AND my reasoning behind it, and took a mountain of abuse for it. Hmmmmmm weird how it has played out though ehhhh !!!

Singhie,

You simply alter your predictions and info to suit your rampathon, I DON'T, I prefer to keep it REAL, and the UK Gas futures are what is used for UK prices, odd that, but a FACT.

As for selling, yes of course I did, because Angus in REALTIME demonstrated poor management decisions and leadership, leading to where the SP sits today. NOW, was I wrong ??? hmmmmm I don't think sooooooo

Also not being in is not being blinded by whispers of hope, I can simply continue to read it in REALTIME and make unpolluted decisions.

Your bitterness shows through, but you ALSO had choice to sell anytime you wanted, you simply fail to read things correctly and the company undermined the value of your holding while you sat spewing page long exaggerated posts every day.

Next !!!!!!!!!!!!!!

Singhie,

For gods sake, LOOK at the current gas futures, they are EXTREMELY FLAT, stemming from the UK already declaring sufficient stock & availability to meet the demand for the winter ahead, so stop talking utter borlocks and be a little more representative.

WE ARE NOT U.S we are UK

Yw Baitsy, Lets see how things unfold,

Asher,

If you REALLY deem todays 9m volume and minimal rise as some big indicator then more fool you is all I can say.

It could jump to 0.8p tomorrow, but I still will not touch it, I know what I am looking for to make my decisions, and it isn't some Lilli livered nonsense from kerlowns such as yourself that will swing it for me lol....

Ohhh and add to that, the very much weakened gas futures prices, which DOES have a direct impact on Angus revenues and their expectations.

Patrick,

I really am beyond FOMO, those type of days are well behind me, if Angus somehow come up with a magic formula, and it needs to be magic !!, and I miss out then all I can say is well done to everyone else that have been suffering, I really do not wish anyone a loss at all.

But as it stands at this time, no, I have ZERO reason to believe taking a punt is the right thing at this time, and I do not trust that PF or Kemexon won't start unloading on any uplift.

Batesy,

I have said all along, that if they get the IOU, the payday stuff etc sorted in a way that is notably beneficial to the current situation then great.

BUT the devil will be in the detail, and I am not convinced we will see that degree of detail from them, including if they still go for £20m, then they will need to show what they plan for the remaining balance, which now includes over £3million that has just been washed through as dilution. There should be a decent lump to work with, and not for them to simply load the office cupboard with a fresh stock of Hobnobs.

Balcombe has always been of interest to me, and yes, I believe that it will provide some stimulus to the SP.

In reality, IF they somehow manage to play this right, and offer the detail, then I also would fully expect a decent push up, and a penny plus is not beyond reach at all.

"""Nice buys. Could see a double digit rise tomorrow.""

Really !!!! total volume of what ?? 9m, there are 4 BILLION in issue, hardly even a twinkle in the eye of the beast lolol

Asher,

Believe me, I have ZERO interest in getting back in (if ever) until the IOU's , poor debt and financing is looking to be sorted, and I doubt that may even tice me to take a bite. though GL with your buys, looks like you need it.

Singhie,

At least you JUST about managed to understand the "out of Interest" heading lol !!!

Ps, I have just counted the number of rain drops that were on my window, more than yesterday, but less than the day before. !!! strange but true...

Blimey looks like admin are giving me an extra half hour lol.

Any requests for your last meal ??? lol

Did you know we had the wettest July in the North east since records began and did you know we had the warmest joint Sept since records began !!!

Not that it really matters NOW, it is in the history book, Value is in knowing whats to come rather than whats written on last nights fish n chip paper !!

Yes Ocelot, he does meet CEO's and you think that doesn't influence what he spews lol !!!!

Mugs reading !!!!

Malcy is a murpit Ocelot, just spouts what he thinks folk clinging on will like. other than that it has zero value !!!

Strange monica Adrian ??

Are you actually celiac lol

Your welcome HDT,

And no, I don't let em bother me anymore, they can say whatever they want, I am going nowhere, I will be following the Angus story for some time to come, along with other Weald area oilers etc.

And by the way, it is nothing to do with production levels, the wells or the reservoir for my not taking a punt into this at the moment. It is mostly related to Angus and the undermining of the field success with debt and dilution that really should not have existed to this level, most of the current debt is a result of poor decisions and ermmm mistakes.

I am sitting on the sidelines regardless of any movements until there is defining clarity on GF & PF.

But I do wish the majority a profit at some point.

Ps, HDT,

Doing "exactly" the same pipe experiment with a 1 meter pipe that is half the diameter is the same effect that high velocity tubing has in the well.

when you try to blow the water from a thinner pipe with exactly the same amount of blow force, the air and water will be ejected at significantly higher velocity and would leave the end of that pipe more as a spray, rather than just water being pushed out of the end of the larger pipe.