Member Info for Crocqman

Dear or dear. Not back to the tired old 'Angus are in default' claims again

Truly desperate stuff.

Clearly explained and clarified every time, but the same people just will not accept actual facts, legal necessity (an RNS event) and truth vs their biased and disingenuous opinions.

What's worse is that LSE allow posters to repeatedly make false statements, make up lies, spin anything into a negative to 'support' their narrative and spam these boards on a daily basis

Good to see the positive response from the market to this news.

I am still well down here and not looking to top up as too exposed in the small cap space, but hope to recover a decent amount on approval of the CEOL and any accompanying news.

gla

As if by magic, Oofy appears. The pantomime dame to the 2 ugly sisters.

Make your mind up, Oofy. One minute you say Angus ARE in default, then you say 'by definition' they are in default, then you say that 'technically' they are in default. They are none of these.

You are as bad as the others, always putting the most negative spin on any situation.

Soon you will be back to your 'go to' negative rant of the 'depleting field', or making personal comments about the board members, or whatever the next spin will be when next news arrives

Pointless trying to discuss this point, James.

Those coming back to you have a long-defined agenda.

Their presence is to disrupt, promote negativity and stretch the truth to fit within their own pre-determined agenda.

Nothing is open to debate. The sole aim is to discourage sensible debate and encourage people to avoid investing here (when possible) with the fervent hope that the company fails and investors lose all of their money. THAT is their aim, and to be proved right.

They have been doing this here for years. All day, every day. That tells you there is an agenda. I have blocked them for a long time now.

No point engaging

Suggest you move over to the new ticker: TIN

It's possible many people will not know of the ticker change just yet.

My platform this pm was still showing my holding under CUSN, and has only changed price, share amount and ticker after market close, so trading would not have been possible

Seems that the shares will be suspended until such time as the new shares, coming from the other listing, have been added to this single listing 'on or around' the start of trading on 18/12.

Presumably, this is to ensure that holders transferring onto the existing line of shares are not at a disadvantage during the reregistration.

I would hope to see an RNS detailing the commencement of trading during the day on 18/12.

That's my reading of the announcement and timeframe

At this stage, the CEOL award is the only thing that will get this moving.

Any and all steps around it are welcome, but the market wants certainty, so we wait

Peterashbeck, you have clearly forgotten the rules of these boards. If you have an opinion positive, negative or neutral on a share for more than 10 minutes you are NOT ALLOWED to change that opinion under any circumstances, even 1 year or 10-15 years later. Otherwise you are a liar, swing trader, or troll.

Changing your opinion over time based on facts, opinions from elsewhere, economic or personal events is simply not possible and clearly not the actions of anyone rational.

I suggest you give your head a wobble :-)

Oh dear, not another punter who still believes in the '1 share' myth.

That's been debunked many times over the 8 years I've been on here.

Ridiculous and impossible in the digital age and with the mifid II trade reporting requirements

Of course, no explanation as to why the accounts, which we were told on 06/10 were expected to be completed within the next 3 weeks will now only be completed more than 3 months after this claimed date.

It's now almost 2 months since management told us that they expected to release results by the end of October. More than 1 month late, and nothing.

Shocking disregard for shareholders. No different to the old mob then.

Zero trust in anyone involved here. New or old, it's the same old

It may not be too troublesome, but it is just one thing after another here.

Yes, it is all about the CEOL award, but market confidence is low and things like this do not help.

This is fast becoming a share I will use to take losses to offset against any gains.

I really do not see this getting back into the teens even with the award, let alone the 25 plus range from 18 months ago and more that many will have invested at (I am considerably higher).

Will await CEOL news and make a decision in the new year

Not sure how the project here can be accelerated given the timelines the project is running to , but with the existing NWF investment, this would bode well for the final decision expected mid-2026 and possible additional investment to enter production.

Next milestone, I believe is finishing the pump station works, expected by end Q4, before recommencing mine dewatering. It's important to be seen to keep to the outlined timescales, so expecting positive news before year end.

They used to joke 'If it's in the Sun, then it must be true', but now the joke would equally apply to 'If an MP says it will happen ...'

gla

As an RTO, it would have been an expensive exercise for producing assets which presumably would have been used to leverage terms for debt on the UK and/or a move into the storage possibilities that seem to be the key, imo, to unlock value at Saltfleetby.

As a "strategically advantageous minority, non-operated interest" it seems a much watered down proposition. I can't see how it would benefit shareholders, although would presumably add a regular income stream that would allow some scope to review debt terms, so would perhaps be a source of comfort to creditors to agree fresh terms and be presented as a 'win' to shareholders without really impacting the SP and lifting the gloom and sense of distrust prevailing here.

Just ANGS doing ANGS stuff.

This is a more positive update than I was expecting, especially given that news has been long overdue.

This portfolio of producing assets has never really been of interest to me as an investor, but if this means we can utilise potential returns as leverage to cover creditors at more favourable terms than without, then so be it.

Still no real timeframe as to when this could relist, sorry, lift the suspension ;-) so not much of a move forward, and nothing in the update really explains the board changes seen during this period.

More questions than answers, as seems always the case here.

At least it appears, on paper, that there is an expectation that shares will resume trading

It could be that they are being cancelled and rebooked because of an incorrect detail when executed. The commission amount might be changing, it might have been booked to the wrong account, fat fingers with a broker code, part of a larger order, or any one of multiple reasons.

While the market requires a certain number of fields to be declared upon execution, there are many more fields not reported to market on execution, but reported to the regulator by T+1, and if anything is incorrect it must be changed.

So, although it looks like nothing has altered, it may have done so in the background info.

The trades should all match up to the exact time of execution.

I have not looked back at what has been reported, but it is not uncommon to see cancel and rebooks

Jeez, relist or lift suspension. Talk about pedantic. I think we all know what was meant given the situation currently.

Yes. My thinking now, with the lack of an update when they said they would inform us, is that the deal will most likely not be going ahead due to unfavourable terms and they are in discussions with their creditors as to how to move forward in order to relist

Ab,

It might be that your platform provider is no longer receiving a price feed for ANGS due to the length of suspension.

Due to the vast number of listed shares , different classes, etc, firms may stop receiving a price feed when a stock is suspended for a certain length of time in order to speed up their overnight pricing/valuation.

If you are not seeing anything online, may be worth dropping your platform provider a message to ask the question