Member Info for Crocqman

Alcoops/sampo,
Agree. charts are absolutely useless for stocks like this.
There are just way too many unknowns that can impact an SP, not just company related, and way too many to list here.
We have seen from previous posts that what is being predicted in other charts has not even remotely happened.
Yes, charting can have a place, but nothing like in the sphere that is seemingly being rammed down posters' throats here (I have him on filter)

Easy to produce 2 charts showing 2 different trends, or one showing how you were right after the event.
It's a bit like how historical SP's are always used on these boards to show how well, or badly a share is doing based on the posters' narrative and the SP timeline being used to make a particular point.

This guy, imo, is just on a fishing exercise trying to recruit new subscribers, and from responses seems to be looking to push naive investors from holding here and into another stock they are appear to be actually invested in (and likely down). It shows a biased and invested interest in trying to influence people, so the info being promoted should rightly be viewed with caution,

I wonder what LSE would say about them constantly promoting their 'service' on their website?
dyor

Agree Howey.
It is possible that the SP has not risen further to date is the revealed terms of any possible SOU offer, which are not at all attractive to shareholders who are right to expect a much higher offer, and more favourable terms in respect of a cash return element.
One good thing about the delays here is we are in a new tax year tomorrow, and having used up my full 2021/22 CGT allowance last month, I no longer have to be concerned about the element of ANGS held outside of my ISA if any firm offers arrive, or when we achieve first gas
gla

Tigra,
CFD's and spread bets are not 'shorts' in the traditional sense of the word, as RT correctly states.
Neither you, I, or any other PI would likely be permitted to take an actual short position in any AIM share as brokers would not offer this service.
I have not known of anyone able to take a true 'short' position in more than 4 years of posting on these boards. The word 'shorter' is regularly used as an abusive term to try to discredit another poster, mostly by those who are too ignorant to actually do some research on the subject.
Talk of shorts in this way (CFD. spread bets) is just splitting hairs. They are NOT short positions, and will have no impact on the SP

I never know why posters get so excited about shorts.
They clearly don't understand them, with their constant reference to pi's being shorters, and parroting comments from other equally uninformed posters, thus perpetuating another bb myth.

Agree, shorting helps liquidity, and unless there is a sustained attack on a share (the reason behind any posters's hysteria on the subject) positions are usually too small to get excited about, and will have zero effect on SP.

Just another silly myth to blame, or try to explain away why the SP is not 'where it should be'.

It is delivery, news, cash generation that will drive the SP, not some imagined shorter, or even a real short position that is why the SP is being 'held back'. Or any salary award, for that matter.

Nothing is stopping the SP rising more than current market conditions and company performance. Anything else is just a tiresome sideshow,

I need to start filtering these clueless idiots who keep perpetuating the myth about '1 share = RNS'.
It really is not a thing.
If (IF) an RNS does land here it will be pure coincidence, nothing more.
You only need to look at the number of times this doesn't happen to see it is complete BS.

Do the people who keep flagging these mysterious and secret codes even know how the RNS system operates, and all the security behind it to ensure any announcements comply with MAR?

Urraca,
His agenda is to stifle any genuine debate, and to push any useful comments further down the page by provoking responses from posters who think it is good sport to engage, rather than filter or ignore.
Posters get triggered by outrageous and deliberately disingenuous claims and feel compelled to respond.
He, and the others will be laughing at how many get sucked into their game.
This post just adds to it, so they win again.
Glad to be off to the dordogne for a long weekend, and switching off here for 5 days
Good luck all

Can't disagree Sageman.
I posted a week or so ago, that any small O&G could have delivered SFB with the money and time that ANGS have had to do it.
Hell, a 2-man outfit may well have achieved it given it has cost many multiples of the original estimated cost, and taken more than double the expected time.
As I have said, the masterstroke, for which GL should get some credit at least, was the switch of focus away from the toxic Brockham/Balcombe assets (at the time), and getting SFB for the initial knock-down price.
A timely gamble, seeing how things stand now, good foresight, or just luck?
All will be quickly forgotten and no one will care if they deliver, as looks to be happening finally, although I would have given the bod full credit if they had hit one of the many earlier (and certainly achievable) first gas targets of end Q4 2021.
Good luck

Don't forget that there are 3 outstanding IQ's to be answered by month end tomorrow.

There perhaps won't be too much additional news from what has been released in the past couple of weeks, but there may still be some useful information to come as an update to the 10 March RNS timetable with several stages due to be completed in the next 10 days or so

Good luck to you too, Tigra.
More than happy to look at the volumes, and let the news and SP here do the talking

Tigra,
As with most opinions on the boards, you seem to take the extreme view and assume that everyone is at it.
I spent 28 years in the Finance industry, the last 17 of those working with 3 different listed Asset Managers.
Direct daily involvement with Find managers, Dealers, internal and external Compliance, regulators, and implementing MAR, MiFID II tells me all I need to know about the practices within the industry.

Yes, there will always be examples of bad practice, leaks, etc, there are ALWAYS exceptions.
But, as I seem to type a lot, the exceptions do not make the rule, as many seem to be quick to believe.

And I did not state that NO institutions, companies or hedge funds are buying shares in ANGS, I simply disagreed that there are not lots of them buying in. MCAP restrictions, amongst other reasons will prevent this for a start, plus the (still) high risks, despite the current status.
Many funds will be happy to pay a higher price on certainty of first gas, than gamble on what is still a risk. They will be well aware of the past history here, are a lot more risk averse than PI's seem to think, and would most likely be looking at smaller returns once first gas is achieved, rather than multi-bags on a more speculatory investment at this stage.
All imo

Happy to disagree with your view

Tigra,
You seem to be suggesting that lots of funds and institutions are privy to inside information.
Firstly, I highly doubt that lots of funds and Institutions will be buying in here (mcap too small, for one thing).
Secondly, No one will know anything that no one else does not know. MAR, Takeover code plus any other regulatory practice will ensure this.
To suggest otherwise is just baseless ramping.

Pleased for you Yanis with your exposure here.

At the real low after Brockham, I was at one point over 90% down, but chose not to make any rushed decision, and was intrigued by SFB. I have averaged down several times over the past 3 years, mostly close to lows. My regret now is being greedy and missing the recent 90p level by trying to get closer to the 88p mid for a few days before this latest rise.

I should add that I made more than 50% profit here from the rise at the end of 2018, mostly by ignoring the ramping few who were predicting 30p plus 'next week' all day, every day (boy didn't they all change their tune after the Brockham fiasco with the relentless attacks of the company and individual bod members), but bought back in too early on the sharp drop back, so any paper losses in the early SFB days were always from previous profit (maybe why more relaxed than some).

As I have said many times since, I am here for SFB alone, and will be long gone from here on a decent result/sale.
Not at your holding level (or even close), but currently 25% up, as I type.
Still only targeting a conservative 2p to 2.5p, but all looking good here finally, after many false dawns

Well said SuperStarr,
It is just a 'new' stick to beat the company with.
Last year it was sales, now it is Salary. It will have been something else before, and there will be something else next.
The goalposts will always be moved to ensure negativity continues from some.
The filter has been my friend on here, and many other boards for those with clear agendas
good luck

Trades can be cancelled and rebooked for multiple reasons.
e.g. booked with an incorrect broker code, or to an incorrect account, or split from one account to multiple accounts (or vice versa) based on whether the order was complete, or a partial fill of a larger order. Booked with an incorrect commission amount, or a rounding issue to any number of reportable fields.
Nothing odd about this, or sinister 'MM games' at all, it happens all the time

Let's not get carried away.
Current reported volume today (35m) has only just broken 2.5% of shares in issue.
That is NOT crazy volume, nor is it a sign of some serious buying, imo.
It is just a better than average day, where the average is incredibly low.
Crack 100m daily volume for consecutive days, and that would be a sign
Happy with ongoing progress, upward SP move, and the improving sentiment, nonetheless
gla

There could be many reasons why the investment and placing has been structured the way it has been, not least a condition of investment by VBR, that in addition to board representation, any additional fund raise was limited to II's and HNW investors known to the company and its' broker contacts? It is feasible that a large investor would want assurances to protect their investment.

Note the 12m lock-in period for ALL subscribers - how exactly would PI custodians be able to control this without opening separate accounts for every single investor to put a hard block on any trading (as this is the ONLY way it could be monitored without preventing PI's from timely trades on separate 'available' holdings), something that can be done on a smaller scale for larger investors who trade far less frequently, and usually based on their Fund Manager's decisions.

PI's always love to cry foul and play the victim in events like this, but there is a bigger picture here. The associated custodian admin would be a nightmare and totally impractical to manage, something that PI's rarely consider.

If there was no lock-in period, PI's would be moaning about placing shares being forward sold (not possible), or dumped for a quick 5% or 10% profit and saying this was the reason for holding back any SP rise.

This is AIM. High risk, high reward. There is always a chance of a dilutionary fund raise that PI's will not be party too, purely due to the nature of how placings work. An open placing is rare. Everyone knew one was due, surely?
You have your AGM vote to make your stand, or sell if you are that upset.

For me, this is a positive, and not an error by the bod.
I will be adding again in due course
dyor

Tigra,
ANGS have over 1.3bn shares in issue.
Hard to be taken seriously in the market with such a high figure.
Of course, a dividend would be most welcome to shareholders on top of any SP rise from SFB, but I would expect a share buy back to be more likely for a company that wants to be taken seriously.
I hope to be long gone before then though

Well, I think everyone knew there would be a placing, it was just a question of when, how much and at what SP.

I have funds set aside to add further here, but was considering looking at a quick trading opportunity on another share first. That looks to have passed now, but will hold fire with adding here for now.

Thoughts on the timelines mentioned, anyone?
I was not expecting production within a 2 year timeframe, but the schedule talks of a 30 month programme (plus 2 months for the vote) to get to completion of a feasibility study, so Q4 2024
Realistic timelines for potential production from that point from some of the more knowledgeable posters?
tks

£15k is not a chunky trade, imo, and the direction s open to debate anyway

Good morning Yanis. According to some private chat group that RT claims to be in, talk of a bid for angs started circulating around the time of the rise at the end of day Friday.
A figure of 1.5 p has been mentioned over the weekend

Could be something in it. Or not
Time will tell

Yes. No 7am RNS, so will be interesting to see what happens at the open.
And if there is any truth behind the rumours from Friday and the weekend.
Not seen anything myself, but some credibility will be at stake for some
gla