Member Info for Caravanboy

The sp seems to be holding ok after the rise yesterday. Going to be an interesting week ahead I think. A nice update would help keep momentum. Gla.

ECONOMIC FORECAST
• Previous fixed OPEX totaled £1.8M in the year 2018. Angus aims to reduce these costs to approximately £1M by cutting overheads and streamlining the operating process.
• Average natural gas prices over a 10 year period have been used to calculate wholesale value of remaining gas reserves.
• Even under a conservative scenario the total net cash generated over the 10 year field life is £17.6 million.
• The optimistic scenario assumes total net cash generated over the 12 year field life is £36.5 million.
*These projections are not inclusive of tax or capex requirement

So now that’s 150 million. So I say they are worth. 3p a share right now gla

Saltfleetby Equipment Procurement

Update on Budget and Timing for First Gas



Highlights:



· All equipment procurement to date in or below budget

· Record gas prices and strong demand are leading to demand for suppliers

· Procurement & Construction slightly delayed but well within the budgeted timeline

· First Gas now anticipated in February 2022
From rns. Gl

You seem very sure. But I think a lot are waiting on that. But it will cost them more. A lot. Imo. I got my shares as I feel the same and it’s a given. Also the procurement is under or on budget. So all good IMO. Gl

Can you imagine what’s going to happen here. I personally think it’s on the way. As this volume is crazy. Looks like block buying as well. Gla.

Well we soaked up the ten % 15% traders today so there out. What will be interesting is to see if we end the day on a high. Has to be news on the way IMO.

Odlin you have a better chance if you sell them buy back here of recovery imo. This is a much better stock. With plenty more to come. And a lot less shares in issue. Gl whatever you do. But you may have made an error Gl.

Where has all the interest come from. I guess the penny has finally dropped. Gla.

Let’s be fair this should be trading above 2p anyway. Gla but buy in the millions. Is a strong enough sign for me. Great volume.

Yep. Word is getting out. And good. The investors on the side line had better move in before the traders. Or they will be paying far far more. Another cheeky million just went out the door. Gla.

Suggests something positive is on the way. Imo.

Hits what we’re we thinking. Let’s all get back to your level. Hail hits. For he is the bb saviour.

Sorry couldn’t help myself.

Gla

The flock. Ah yes. I here they are bringing gifts in exchange for golden tickets to a source of untold energy. Gla.

Amen to that. Do I hear the herd arriving. If it is about bloody time. Cho cho. Gla.

Seems like someone has confidence. Or do we have a leaky ship?? Gla.

Ech. I guess that’s a no. Ignore them. I have done my reading and happy. Easy. I can’t believe some have nothing better to do at the weekend. Crazy. Gla first gas on the way.

Would love to see volume here.

The more I read the rns news. The better I feel. There are posters with a lot of questions. And feel that there is a lot of unknowns. Try emailing Angus. They will help. Don’t listen to anyone on here. Very negative posts. ATM. We have a seller. But with any volume they will be gone. Gla.

Also. The delay is the bespoke equipment needed. Nothing more. To be expected IMO. Due to recent events we are all aware of.

Yes. I don’t think they will follow up with the side track well. As it’s a risk for delay’s.

As for the construction your on about. The pipeline. Is not miles. It’s 750 meter extension to what’s already in place.

The keys parts of the project are to install processing facilities on the existing Saltfleetby site to ensure gas is at the required pressure, temperature, and specification to be sent to the National Grid, and to install a short export pipeline extension of some 750m to connect the field directly to the National Transmission System. Work is underway to complete these projects with the aim to bring the field onstream in early 2021.

But your right. There is a element of construction. If that’s what you call a few concrete pads.

I personally think the EA. Will not push this back. If anything happens I think they will support Angus to carry this forwards. After all the are only reopening a site. Gla.