Member Info for Crocqman

Agree humster.

No news and folk complain there is no news.

News/contract and folk complain it is not the news we were expecting.

Management can't win. It is a start. Building on this is what needs to follow.

Underwhelming in what way?

Really not sure what people expect at this stage of the operation.

A steady progress update. Maybe not necessary, but good to see some news.

And complaining about the quality of photos? Seems unwarranted

Don't worry, if this was to go up 400%, the relentlessly tedious trolls would remind everyone that the price was higher before any RTO and that many woul still be underwater.

Always find a negative wherever there is a positive is the golden rule on here

Oofy, for someone who posts that they will say no more on a subject, you have posted a lot more saying the same thing over and over.

You call other people childish for their arguments while referring to the company asset as 'poundland' and the management as 'trappists'.

A severe case of pot and kettle, no?

And you continue with your argument that Angus are 'clearly' worth less than it's mcap at suspension when is is not clear at all. Your opinion and spin on something does not make it fact no matter how many times you say it.

You say that the market clearly considers Angus to be in default even though there has been no announcement from the parties concerned. Given that the shares are suspended, what the market thinks is immaterial, no? And this issue will need to be addressed before any suspension can be lifted, so only once the shares relist can the market have its say.

Your role here to spin everything, suggest impropriety, etc at every turn is clear to see.

Your arguments are becoming just as desperate as those you are railing against

Why would the share price move based on changes in the Lithium price?

We are not a producer, and a long way off being one.

A totally irrelevant indicator, for now

This update should liven up the board today.

Will be on the road for 6 hours, so looking forward to seeing all of the rational debate later.

I am sure no one will be cherry picking individual points to suit their own agendas.

The market reaction will be interesting and a better indicator

gla

Given the precarious finances, the previous arrangements and the difficulties the new bod are having getting the right information to sign off on the accounts to enable the suspension to be lifted, it is inevitable that there will be more dilution to raise funds.

Not sure 'diluted to oblivion' will be the result, but having missed planned targets, albeit unexpected unseasonal weather being a factor, achieving the revised and previously claimed targets for the rest of this year will certainly be critical for the new bod to restore some faith and minimise the need to dilute.

After lots of failed promises previously, getting off to a similar start will not please the market, or PI's

Oofy - "Does anyone really believe that Angus has a US partner willing to share profitable Gulf of Mexico assets with them"

Do you seriously believe ANGS would have been able to release an RNS on 19/5, with the information contained therein without there being any truth in the content?

Would the nomad, broker, legal advisors allow publication and suspension of the shares on a company derived made up rumour?

While I can agree that the naysayers have been right more often than not when it comes to shares like this, the selective use of 'facts' and plausible persuasion used by some posters, presenting their opinion as truth is as disingenuous as the posts of the believers who you and others are quick to pull down

But CTL are not producing, so the spot price is irrelevant at present.

They need to get the permissions sorted first. The SP will not rise until there is actual progress to report, not on any 'what if' scenario.

The spot price will only be beneficial when it comes to negotiating finance to take the company into production, and for an offtake agreement. All a long way off yet

*altruism

'mere nosey-parkerism' to ask if someone is a shareholder.

But is it perfectly normal for these commenters to post multiple times a day on various O&G shares, always presenting a negative spin.

Some posters have been on these boards for 8 years plus saying the same things, day in and day out, but no agenda despite never being invested?

Just friendly faces warning shareholders and saving them with kind investment advice out of pure altruistism?

Ok

Agree. Bigger investors will be sat on their hands waiting for further significant derisking of the project before investing here.

They will likely await the green light on any fund raise to take CUSN into production, or any off-take agreement, so a long way off yet, imo

The suspension will have been a regulatory requirement for listing under FCA rules.

Those saying the company conveniently decided to suspend the shares based on a rumour don't seem to be aware of these requirements, easily found via an online search.

These are 2 NED'S.

The role of a NED is very different to that of a Director.

This is not the big news on appointments that some are portraying this, especially as the appointments are most likely a condition of ongoing support from the large shareholders who I. Turn will want more say in the way the company goes about it's business.

Yes, they may have a wealth of experience, which is good, but their roles will be oversight, not driving the company forward

Not a fan of the 5 so-called bashers, in fact had 4 of them on filter for a couple of years now.

But, how annoying is this new guy. Strangely reminiscent of an old poster who did nothing but call out others and demand why they posted and offered nothing useful themselves.

Same story, different side of the fence.

Added to my filter list for their pointless noise

I would say that with the government support, no chance this will become a Sirius. Much smaller project in terms of initial outlay for potential returns.

Dewatering completion the key, imo and then real funding can be obtained at more favourable terms to push for production.

Will add at anything sub-8 if funds allow.

Not expecting much movement in the SP from current levels in the short term

gla

Great to see these published.

A major step forward to moving on and shares being relisted

Not the best media source, but should reach a wider audience.

https://www.thisismoney.co.uk/money/markets/article-14860091/Driver-safety-AI-tech-firm-Seeing-Machines-boosted-Mitsubishi-deal.html

The big investors will continue to be wary until such time a decision is made as to whether to go into production.

This is still not a definite, despite the progress and current make-up of backers/investors. Very likely, of course unless there is some major disaster or economic situation that could derail the project.

The bigger investors will be happy to pay a higher price for entry when the risk level has diminished.

Not expecting too much change to the SP any time soon without a surprise of some sort.

Holding and waiting

Perhaps, Saluc, but let's not forget the obstruction to access of financial information and likeliness of having to unpick a lot of sketchy information to produce the accounts.

You have to give the new lot a chance and not just write them off based on the sins of the past.

As others have said, no one can do anything in the current suspended situation other than wait and speculate.

Expecting an update next week to at least outline a timescale, if not producing the long-awaited accounts