Member Info for Danielm89

Antoine's appointment reinforces Kemexon's commitment to Angus' growth and development. The combination of Kemexon's expertise and support should enable the Company to pursue various growth opportunities, both organic and inorganic, that have been identified.

Angus Energy has signed a memorandum of understanding (MOU) with a subsidiary of Trafigura Group to explore the development of the UK’s largest potential subsurface porous rock storage reservoir at the Saltfleetby gas field in Lincolnshire.

“The collaboration aims to leverage both companies’ capabilities to establish an underground gas storage facility at Saltfleetby, which is the UK’s largest onshore gas field.”

Big boys in control now 😉

Really tempted to up my stake here

Great timing I recon

Newsflow is stacked

Interesting #grl rns this - all talk was around big seller Devenport as they had acquired shares from recent CLN conversion but you hear that a lot and it’s often exaggerated - this rns shows all 16.3% dumped and now out.

Loads of us were waiting for that confirmation.

For those interested:

-Low mcap (£9.5m)

-Break even at around $12m revs and ramping up to 1k oz production per month, ie $35m revs at current sky high gold price

-vastly reduced debt recently, converting CLN into shares at vastly higher share price

-already cash flow positive at ~600 oz pm (although yet to be confirmed via rns)

Https://www.bloomberg.com/news/articles/2023-12-08/trafigura-stored-gas-in-ukraine-to-export-when-prices-rise

Angus Energy has signed a memorandum of understanding (MOU) with a subsidiary of Trafigura Group to explore the development of the UK’s largest potential subsurface porous rock storage reservoir at the Saltfleetby gas field in Lincolnshire.

The collaboration aims to leverage both companies’ capabilities to establish an underground gas storage facility at Saltfleetby, which is the UK’s largest onshore gas field.

Going to be a beast this will

We had 5m cash on completion of loan

Minimal outgoings too with payment withheld till next month

Compressor 4m we’ve probably generated that back and more with gas prices averaging over £1 the past year

Angs doing it right now imo

183m shares or cash

That’s what £500k

It’ll be paid cash the large holders aleph/kemexon/forum have made it clear last year they want the dilution to stop

Decent asset having such big holders influencing business, especially for us

Show me the share issuances for the past 3 quarters for £300k to forum

Oh wait

You can’t 😂

They don’t exist, because it’s been paid in cash

Current sitrep

6-7mmscfd

1.25m therms hedged at .4

700k therms at above £1

Compressor could get production to 8-10mmscfd

Come June

1m therms at .84p (over double) £450k per month increase

1-2m therms at live market prices £1-£1.50 low estimate £1-1.5m a month vs high £3m+

Before oil and condi

And before gas storage… balcombe… Lindsay…

😉 just you wait 13m cap 😂😂

I recon they’ll pay it in cash

Nothing stopping them with the year they’ve had

Zero share issuance tvr RNS in recent times

All looking rosy 👌 Angs will be a monster by june

Confetti train stopped last year when large holders started abusing the company on such:

13th March RNS

Further to the announcement made by the Company on 27 February 2024, and after consultation with the Company's major shareholders, the Company has decided to withdraw resolutions 2, 4 and 5 from the upcoming GM. Resolutions 2, 4 and 5 related to general authorities for the Directors to issue new Ordinary Shares, including on a non pre-emptive basis.

After further consultation with the Company's major shareholders, the Board expects revised resolutions will be put forward at the upcoming Annual General Meeting.

Antoine's appointment reinforces Kemexon's commitment to Angus' growth and development. The combination of Kemexon's expertise and support should enable the Company to pursue various growth opportunities, both organic and inorganic, that have been identified.

 

Kemexon intent 👏

Forum have been paid in money every quarter too

Europe and uk are not going to accept Russian gas even if the war ends so immaterial

Gas bounced

Risk free 50% production increase pending with this compressor

Hedge removal around the corner

Excited

Imagine June 👀😏

Add £1m+ per quarter instantly on hedge restructuring

Then compressor 🤔

Best position the company has ever been in

Release the newsflow 😏🚀

£5k then nt again

MMS will have to let it go eventually

#ANGS

Come June and extra £4.5m a year banked instantly on hedge removal

With 250k terms a month at market prices before factoring in the extra production from the compressor 🤯

Compressor commissioned by end of March 😉

“Trafigura has demonstrated a strong commitment to its new relationship with Angus and we intend to work together to evaluate the potential for gas storage at the Saltfleetby site and other potential projects in the future.”

🤔 major acquisitions mentioned in the August presentation

Nt to buy

https://energynews.pro/en/exxonmobil-sells-fos-sur-mer-refinery-to-swiss-consortium-rhone-energies/

Trafigura going big

Imagine next winter 😂

.66p is very very doable pre news of compressor imo

Hedge £840k per month come June for the first 1 million therms at .84p per therm

Then any production over is at current rate which is between £1.2-£1.4 per therm average so say 1.3

At 10mmscfd that’s 3 million therms a month

Over hedge £2.6m

So over £3.5m per month revenue at 10mmscfd …..

14m cap starting to look ridiculous

1. Compressor going well without delay

2. New cpr due

3. Gas storage mou update

4. Nat gas strong and eu/uk depleted

5. Hedge removal

Misc: balcombe appeal (2500bopd), Lindsay online?, new assets? USA/africa

Barely anyone in big sub .32 you simply couldn’t was so hard to buy