Member Info for Crocqman

TH2,
Is that just a hunch you have for the CPR in September?
Thinking similar, with the majority of the share overhang to maybe be complete in August/September with higher volumes, but others seem to think longer for the CPR, even next year which seems too long, even with recent unforeseen disruptions.
Hoping for an operational update prior to the AGM, can see plenty of 'tricky' questions being submitted, if not.
gla

You don't, really (imo).
Many people across these boards seem to assume that the placees will either forward sell, or sell out of their placing shares at the first opportunity for a quick return on any discount.
Often though, they will go to II's who are either building a stake, or maintaining the weighting based on the new shares in issue and have long term aspirations. The company will look to place them with 'friendly' existing holders, if possible, who believe the company story and want to be a part of it.
You will only really know a seller if they need to make a TR1 notification if going through a reporting threshold, and the company may announce who took up the shares, if its a significant position.
Others will have different views, I'm sure, not straightforward and not a case of one or the other being right/wrong, but mostly some intuition/guesswork with what limited information may be known.

nomlungu,
The 1st May Operations and Planning update a better source of timelines that a report from 12 months ago. Plenty of other reference docs on the Angus website too with more up to date info.

http://www.angusenergy.co.uk/wp-content/uploads/2020/05/Operations-Planning-Update.pdf

Trek,
You have the right (imo) attitude to investing. Enjoy the rewards.
After years of trying to chase the next big thing, I'm now more patient, better researched (I hope) and more cautious with my investments. Still pick some bad ones, but don't dwell on past mistakes, or blame others if things don't work out.
Less stressful and more interesting approach, for me now it is more of a hobby.
Always good to take some profits, regardless what many 'big boys' may say.
Good luck

Agree, Global.
Only have a small position here, but hoping to add later next week with additional funds due.
Won't be seeing life-changing returns with my expected level of investment, but can see the long-term potential here, beyond Covid.
Good weekend all

Have a small position here from reinvesting dividends from elsewhere.
Fortunate that they weren't pulled like some have been.
Won't be a life-changing holding for me wherever it goes, but can see profit, and at my level at least won't be tempted to panic sell, will hold and enjoy the (likely) bumpy ride.

Atisha, the dot.com bubble was fun. Trading by telephone, swings of £'s in some SP's just while waiting for a price! Had some good success with Psion back then. Maybe a little late to the party here.
gla

Morning all.
This is already at the level I thought it would reach by end June. A few snippets of news due which should give some mini spikes, but after a steady 2 month plus rise, can see a flatter month ahead before signs of activity, hopefully in Q3 where a bigger re-rate more possible (imo).
Still happy with slow and steady and will go for a 1.20 to 1.25 range for the end of June SP, still a decent 12%-16% rise from here, but would still be ok if this was flat so long as we are seeing continual signs of progress on various fronts.
Staying cautious, as like many AIM shares, once the talk is over, delivery is key.
gla

He can't hold back any material information in the interim, but an operational update should be made to inform shareholders of progress on all fronts and strategy for H2 onwards (imo).

Has been a good couple of months here with a steady rise.
My SP predictions have always been conservative compared to some, and even then have often been well out, but we are currently in the ball-park of where I was hoping this would be at the end of June.
Seems to be holding the gains well now compared to the SF CPR spike a few months back.
Not getting carried away, but my losses here reducing day by day - still see SF as the driver here. End Q4 is where I hope to exit with this asset up and running.
gla

The large end of day trade has been known about for some time, and is known to continue for some time yet, so hardly 'news'.
Great volume today, though. Can see these 'selling' shares getting cleared around mid-Q3 if we get regular days like this.
Not the 5 sellers that one person has been banging on about for weeks (imo).
Still see the 1p plus predictions as highly speculative in the short term, but a gradual upward trend.
Clearing these 'selling' shares and a CPR (end-Q3?) will be the driver here, for me, to see 1p return.
A higher tanker count in the interim to help nudge this in the right direction.
gla

kelladee,
I believe premium members here can send direct messages to other BB posters, otherwise, posting personal contact details is against LSE rules. An alternative is to try the poster on twitter, if you are into that.
gl

Remind me, is it right that they do not need to RNS the planning submissions that were expected to be made in May (as not material), but they would need to RNS the completion of the tender process?
This was previously extended 'well into May' as per the Operational update RNS on 1st May. What would be the timeline for a decision once bids are in, a couple of weeks?

The Ask is currently showing at 1p, mid at 0.95.
Hardly a 'ramping prediction' to suggest it could finish above 1p today.
With markets in general on the up today, certainly not a 50/1 shot, imo

Good luck asher7.
Things seem to be ticking along nicely here this past week, even if volumes are maybe down a bit. SP close to breaking 1p.
Looking back at the operational update, a few items expected to be in place by the end of this week, a couple of planning submissions, HRA for Brockham and tenders for Saltfleetby expected to be in, if not already (may have missed some news).
Perhaps some news updates to come though in the next 2 weeks to help push this on further to a +1p range before end H1.
gla

Plenty of hoops to jump though, and lots out of company control.
Could be some decent trading opportunities over the coming months (not for me, though)

What time for the first new arrival ahead of the long weekend?
How long until they start targeting specific (the usual) posters?
How many posts before they get abusive?
On what day will they go 'all out' and goad LSE and their Admin to ban them to go out in a blaze of glory?
Post count prior to ban?
Good weekend all

A strong close to the week.
SP has been steadily rising from its low for more than 2 months now.
Looking good for newer holders. Encouraging for those like me still in the red.
Will be happy to continue this trend with plenty of updates expected. See more of a stepped increase as and when news drops (assuming positive, of course).
Enjoy the long weekend all

Rastus, think it is share.prop.hets (without the ..).

Whilst I don't believe Cannacord are selling, I also do not believe they would be buying to an extent to reach a 10% TR1 level.
Others have suggested differing timescales, but based on numbers provided a while back on here, I can still see late Q3 as a reasonable target for CLN clearance with poo rising and potentially higher volumes helping with this, and a CPR around similar time, or early Q4, although I must confess, I have not been tracking trades so much this past few weeks, so just an opinion based on earlier numbers.
Not expecting too much with the SP until around this time.
An operational update would be of great help. We had one in Jan 2019, and I cannot understand why we have not seen similar this year, especially with delays seen over the past 12 months, the fallout of the poo and the general situation of the past 4 months, or so.
Communication has always been lacking here though, and the usual excuse some offer up of 'SS is just cracking on with things' just doesn't wash anymore, especially following his bonus payment (which for me, should have been paid in shares).
gla

Very low volume today compared to yesterday, likely the lowest for a month. SP doing well to hold at this level.
Positions taken ahead of next news update?
gla