RE: Daily average volume5 Sep 2022 13:05
Volumes have been up where they have needed to be here since 25/8.
Long may they continue.
I have been posting for a while that I am here for SFB only. I still do not trust GL, but the recent appointments do add some credibility here for the long term future of SFB (not the other assets, imo).
I sold 80% of my position last week due to limits being reached while absent for 10 days plus in a different time zone.
Hindsight is easy, but happy with my return, despite the SP some 40% plus up since they were reached. The SP hit my more conservative estimates for first gas, so I achieved my aim. A profit after 3.5 years of pain ok with me.
Happy to leave some profit for others.
I still retain 20% of my position with a 1.09p average.
I do not intend to hold for the long term - still not interested in Lidsey, Geothermal, etc - and will await news on flow rates, etc before making any further decisions.
I will most probably not not hang about for the side track as history suggests it will take far longer than anticipated, and my original exit timeline here was for Q4 2020 !!
Good luck to all holders, whatever your strategy.
I have always had an allocated project for any ANGS profits, and have been able to more than cover those requirements, despite the longer than anticipated wait.
As an aside, totally baffled as to why fracking keeps getting mentioned on here. GL has stated so many times that this is not a possibility with the assets held in his view. Yes, any policy change may result in a rethink and open options, but the unnecessary use of this to try and ramp here is totally unwarranted currently.
But then, the herd will be mainly made up of traders looking to shaft others to get their profits and exit.
I am seeing far less green on here when reading through posts, so at least that is one positive.
What has happened to all of the 'I told you so' merchants?
I bet none of them have held their hands up and admitted to being continuously wrong for the best part of 4 years and missing out on their chance to gloat at the failure of SFB.
No doubt their narrative will have changed somehow to show that they were right, having moved the goalposts to support their altered predictions of doom.
gla