Member Info for Danielm89

Alba aims to be Scotland’s first bank solely dedicated to lending to small and medium sized businesses. We are led by an experienced team who have an intimate knowledge of the banking sector and share a passion to transform SME customer banking, combining a relationship-driven banking model with state-of-the-art technology platforms.

“I am delighted to join the Board at this time to help try to find a new role for Amigo. A particular area of interest will be to explore the opportunity to build Amigo through acquisition as a wealth management focused group, supporting SMEs and high net worth individuals, as well as potentially providing back-office software solutions to support other developing finance platforms."

Coincidence? 🧐

Amgo 👀👀👀👀

Does sound like he’s found some medium sized banking opportunity

Jim McColl is currently:

· Chairman of Clyde Blowers

· Founder & Non-Executive Director of Alba Bank

· Chairman of Adam Smith Business School Strategic Advisory Board

· Member of the Glasgow Economic Leadership Group

· Member of the Scottish Energy Advisory Board

· Member of the Scottish Apprenticeship Advisory Board

🧐

“I am delighted to join the Board at this time to help try to find a new role for Amigo. A particular area of interest will be to explore the opportunity to build Amigo through acquisition as a wealth management focused group, supporting SMEs and high net worth individuals, as well as potentially providing back-office software solutions to support other developing finance platforms."

🤔

All hedges stop June next year

That’ll free up loads of cash

New generator what extra can this yeild?

Cash flow generation will be epic next year, and debt provider obviously has big plans

Uk gas 95

Could see that 100 this week

Ooh exciting, best sit back and prepare the old ANGUS

Ukog and Epp both pumping and are absolutely rubbish 🤣

Amy’s turn next, with a few catalysts to hold the rise and build potentially

Bod we’re buying this time last year

I’m sure their eager to do so again .72 the price at that point

Must be some inside information preventing them

I definitely think so Iv watched Angs for over a month now waiting for the best time

I think this is ground zero.. priced near cash at this point it’s getting silly, new bod seem very sensible when you read/watch that interview

Sometimes good to have fresh experienced eyes on an asset

Few notes from the interview:

https://drillordrop.com/transcript-of-interview-with-richard-herbert-chief-executive-angus-energy/

August/september:

Upon completion of the seismic remapping exercise described above, Angus will progress with the development of a reservoir model (static and dynamic) which is anticipated to be completed Q3 2024 and will be utilised to fine tune the detailed design and anticipated results of future drilling targets and gas storage potential

October/november:

It’s a new unit being constructed in the US and delivered to the site in November of this year. And once we put that on, that will help to deal with this problem because we’ll be able to pull harder on the wells as a result of this additional compressor, which means that this liquid loading issue we had will be diminished.

December-June:

Removal of hedge, new wells, decision on gas storage

Drop anytime:

Angus Energy said recently that it has new areas of interest. What are they?

In terms of new ventures, we can’t be too specific for commercial sensitivity. We can’t talk about specific things that we are currently looking at. We have formed a world-class team that is now reviewing onshore assets in UK, North America and North Africa.

🤔

Saltfleetby is the only significant gas site onshore in the UK so it is definitely worth looking at.

We should have a lot more information on this soon.

I believe we should take a serious look at carbon capture at this site.

This government has both committed to net zero emissions and at the same time acknowledged the role of gas in the foreseeable future.

Onshore sites will have to be an essential part of the new strategy.

Very well played

You deserve a medal

So why you still here? Separation anxiety? If I had a fat wedge id be probably dying of a sex and Coke heart attack in the Mediterranean on a rented yatch this time of the year

Net debt of 14m isn’t bad at all

Seems to be very manageable, forget what’s happened in times past I wasn’t here then

Now I’m looking at a 11m mcap ex market favourite, profitable, good relationship with the debt provider who also want to JV, largest gas cavern in the uk, scientists agree Saltfleetby to be the best underground hydrogen storage asset in the uk, have 6m cash and winter prices starting

I couldn’t care less what happened before because right now it looks pretty decent and bottomy

If it sounds like a lie, smells like a lie and looks like a lie

It’s probably a lie

So you can buy 2 houses cash.. but spend your spare time on a lse board in a high risk stock 🤔

Interesting

Also interesting you risked all your capital when you could’ve bought multiple houses rented a few out and lived for free if you’d have used debt

Instead of being a caveman 😘

Yes I’m well aware

Are you aware that debt is actually good?

How did you buy your house?

We’ve got a 6m war chest and 200m of gas to sell

Your maths isn’t great I’m already learning this

Not necessarily that’s not how it works.. Google it and come back with some real information please 😜

Willing to wait Iv got my target and bought in 249 so very safe..

Angs is way overdue a spike, but what I want to see is a gradual rise. All the mess and bad stuff is in the past now, let’s get this gas out the ground as quickly as possible and be a uk leader in gas/hydrogen storage

We’ve got the JV to do it so better get used to me bubble me old mate 😜

Steady day, market wide very sterile.

Gas now above 93 hit 96 at one point.. slowly slowly catchy monkey

spread isn’t 50% are you ******deed

24 to sell 26 to buy

No just saw Angs looking good on the chart, spread was tight so bought some

Kind of how the market works… you see a good deal you buy it

The top five highest-ranked sites for UHS based on the evaluated criteria are the Cygnus, Hamilton, Saltfleetby, Corvette, and Hatfield Moors gas fields

The top five highest ranked sites based on the criteria evaluated are the Cygnus, Hamilton, Saltfleetby, Corvette, and Hatfield Moors fields.

The reservoir rock quality among the top-ranked sites is generally high, with almost all sites except Saltfleetby and Topaz exhibiting favourable characteristics.

illustrates the ultimate ranking of the sites, highlighting the top five candidates for UHS opportunities which are the Cygnus, Hamilton, Saltfleetby, Corvette, and Hatfield Moors gas fields.

the top five sites regarding proximity to potential hydrogen clusters are Saltfleetby, Hatfield Moors, Hatfield West, Hamilton, and Hewett.

https://www.sciencedirect.com/science/article/pii/S0360319923056057

ANGS rated the top site for hydrogen/gas storage in the uk by geologists 🤔

Highest chance of a hydrogen cluster too 👀👀