Member Info for Bubblepoint

Ehhhh Sufc lololol

The GENEROUS grace period was included because ermmmm it is ALLLLLL still revenue generating timeline regardless, the post isn't about the loan, it is ABOUT the revenues generated over the last 24 months and WHERE IT HAS ERMMM GONEEEEE lololol

OR are you totally incapable of understanding a SIMPLE post with simple numbers ???????

So Mr MoneyLoser, Ptrash & co,,

Lets look at the revenues from when the Defaulted loan was initiated & includes the 12 month grace period to endo of 2025

2024

Q1 = £4.86m

Q2 = £4.90m

Q3 = £5.14m

Q4 = £6.12m

2025

Q1 = £5.32m

Q2 = £3.44m

Q3 = £3.21m

Q4 = £4.12m

DRUMMM ROLLLLLLLL totalllllll = £ 37.11 MILLION

And they covered all their Capex needs via the Trafigura loan as CLEARLY stated in that loan RNS.

We KNOW they had spunked pretty much all of their revenues at the end of the generous grace period, which can ONLY be put down to almost all consumed on basic OPEX, £3711 MILLION / 24 months = an OPEX cash burn of £1.54 MILLION/Month. STAGGERING !!!

When you look at the Quarterlies do you not find it ODD that when the generous grace period ended, it oddly aligned with the monthly revenues dropping from above £5m per quarter to the lowly 3's hmmmmmmmmmm looks very orchestrated to me, or you could align it to the Booster that is supposed to BOOST revenues & production, but in reality it crashed it and is struggling to recover,, YOU DECIDEEEE !!!

However, regardless of the DEFAULT, that is a HUGE amount of money squandered on what exactly ??? £37.11 MILLION

Moneyloser, I simply suggest YOU learn how to put YOUR blinkers on and filter me then !! I will still be here of course, and you can look at little green boxes and then frustrate yourself because you don't know what folk are talking about or about you.....

And as for fool, well I could agree if I had not sold out at 1.7p AND stated why on here, I would say if you want to see a fool, go look in the mirror !!

Gezzzz A55 is still playing this old dawgggggggg !!! what a Loser !!! pumping his carp around like it will change the way one of the worst Aim outfits operates lolololol

We only know the financial mess at the end of that generous 12 month grace period, nada in the bank, no m&a or other major costs, no explanation, and you can bet your last dollar that trafigura were also bewildered at the state of their finances when that first payment was defaulted due to lack of funds !!!!

Ohhhh and YES it is ludicrous, why ? Because as said a 12 month free ride to bank every penny and nowt was left, so we can only conclude opex is phenomenal and therefore double is needed lololol

Wrong mvrpit, I said they need to double to cover opex, capex, debt payments, royalties and have any chance of a few shekels for retail upside.

Now you can pump out all the carp you like but the reality is they had nowt in the bank after the 12 month grace period and they paid zero in royalties or debt or capex for that period, ZERO, so go on, tell us all where all that revenue disappeared ehhhh lolololol yes they need to double production and need 100p to show you a penny

Don’t hide your own incompetence behind me Ptrash, I am telling you, they need double current production to give even a slight chance of retail benefit, anything less and it is nothing more than a debt repayment asset for trafigura.

Ps they got zero chance of even a 25% production uplift regardless of what they do on these ermmmm work overs

Don’t hide your own incompetence behind me Ptrash, I am telling you, they need double current production to give even a slight chance of retail benefit, anything less and it is nothing more than a debt repayment asset for trafigura.

Ps they got zero chance of even a 25% production uplift regardless of what they do on these ermmmm work overs

My figures and info for me, not kerlowns like yerself, did giving all good info when they were in the early stages of development, shared it all here, but just like you who has a big gob and no baws, you get nowt from me.

And yes I did buy a very small amount of shares pre suspension, just pin money and already written off

Nahhh not bitter at all, I just have a low threshold to tolerating kerlowns who post ranpy carp

Pmsl, I don’t need to comment on when I exited the vast majority of Angus stock, it is well documented lol,

Good luck with yours , your gonna need it lol

""You have a mental issue or something? Get some help you’ve been talking to yourself the whole thread""

Ohhh I am perfectly fine Con boy, I really don't care who filters and who does not, but if it stops one or two from being mugged like you have, then great, because it is almost nailed on to continue in the same undermined and depleting way it always has.

We will see how vocal you are the day it "maybe" comes out of suspension, IF they can sucker Trafigura in for more pain, somehow I think it is Trafigura who has this shower by the baws, and they can juggle them all they want !!!

""The board's caution is exactly what you would expect in the circumstances, any lawyer would suggest the insertion of such a caution.""

You mean, when a company fails to make even the FIRST instalment, DEFAULTS to their main debtor !! and has STILL failed to negotiate terms that are manageable & acceptable against revenue !! because they barely had two pennies to rub together after the generous 12 month Grace period !!

James Con boy, your welcome to your shallow and unsupported views, I WILL stick to the facts, I will stick to what is proven over time, I WILL stick to reality, not some wing & a prayer that you will somehow see this shower double their revenue from production, which is EXACTLY what is needed to cover debt, Opex & Capex as a minimum...........

Also Peteboy, if this shower were so super confident that all was rosy, and everything should stack up perfectly, then NO need for the BELOW statement, AND there would have been NO need for that DEFAULT on the very first instalment of what was a VERY generous debt facility in the first place.

**********************

Further to previous announcements (most recently 20 November 2025), Angus Energy confirms that positive discussions with its creditors regarding restructuring of its debt remain ongoing.

While the Board is encouraged in respect of the continued progress in these discussions, the Company cautions that if a suitable agreement is not reached, it would create a material uncertainty around the Company's ability to continue to operate as a going concern. The Company will inform the market once an agreement has been reached and the terms of such agreement, and in the meantime continues to carefully manage its working capital position in conjunction with its lenders.

It isn't rocket science Pete rash, they need double the production FACT... I have ALL the numbers and FACTS and that is the minimum they will need.

What are the chances of that ??? zerooooooooo they will be lucky to see 20% up on Q4 2025, and if they do, it will also magnify the speed of liquids induced and the speed it will choke its self off AGAIN.

""Thanks for that great post James…looking forward to getting the debt restructuring sorted so we can start motoring northwards….gla""

MoneyRaiser, care to guestimate what level of production they are going to need to cover the Defaulted monies, any NEW restructured debt, including royalties and Forest etc, along with general Opex & new Capex needs ??

Consider they had nowt left in the pot after the 12 month grace period, and royalties etc were paid with confetti not revenues, and the booster compressor works were covered by the Trafi loan.

That translated to the revenue generated during the 12 month grace period WAS just enough to cover Opex and their Hobnob stash, so breakeven without debt to pay for.

Come on,, give it a go,,, tell us what you think they will need to produce to be a "going concern" and honour their debts ?? and I will be generous to you in that you can use 100p for your gas price.

""Production up, liquids up, efficiency up, revenue up, workovers underway. If the debt piece lands, people will look back at this RNS as the point where the story quietly turned — before the share price had a chance to react.""

NeoGeo, I think their OWN words in that RNS says a LOT about what is needed to even consider it a going concern !!! as said, THE ELEPHANT IN THE ROOM

quote !!!

Further to previous announcements (most recently 20 November 2025), Angus Energy confirms that positive discussions with its creditors regarding restructuring of its debt remain ongoing.

While the Board is encouraged in respect of the continued progress in these discussions, the Company cautions that if a suitable agreement is not reached, it would create a material uncertainty around the Company's ability to continue to operate as a going concern. The Company will inform the market once an agreement has been reached and the terms of such agreement, and in the meantime continues to carefully manage its working capital position in conjunction with its lenders.

""It reduces it because creditors don’t want to kill a business that’s finally performing. Rising production, better uptime, lender-supported workovers — that’s a different conversation than six months ago.""

What you do not factor in is that you are spouting on about "peak" performance & production over one quarter, which is the best they could achieve, which is still massively short of what IS NEEDED..... and leaves zero wiggle room for downtime or other common issues.