Member Info for DoneK

Our resident expert on compressors WG is back, could she update her bear case for angus pls,
we dont want any more mug punters losing money.

WG, hows your bear case for angus going?

as the drill kicks off,
the existing plant increases to 6mmscf/day,
the winter kicks in and warrants tail off,
the SP will hit 4p+ imo

what what.

Look at the price of NG, just as the sidetrack comes online

https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5101975&span=3

10-20% uplift in the sp

imo

with the Telegraph article popping up, seems this week we should get the green light on Balcombe, Tuesday we have George doing a webinar, SFB pushing 6mmscf, hopefully the warrants tailing off, we should get a push towards 3p+

what what.

From the article

For now, all that locals in Balcombe can do is keep a watching brief. This week, the site at Lower Stumble was entirely hidden by trees, and a line of Portacabins set up by Network Rail. A rusted fence keeps out intruders: attached is a laminated copy of the High Court injunction that Angus Energy sought against protestors in 2018. If Lord Lucan gets his way, those same protestors will almost certainly be back. HIS APPEAL IS EXPECTED TO BE HEARD ANY DAY NOW.

Our wg was confident we wouldnt meet the hedge for September, but we did.
Our wg was confident they would not be drilling the sidetrack whilst maintaining production, but we will.

she is very confident about alot of things, problem is they never seem to happen,

For the past 5 years, Our resident merchants of doom have been predicting (based on their 'research') that angus will be bust within the next (add your own timelines)

Here we are 5 years on, making money, and on the edge of making a serious load of money, when the sidetrack comes on line.

Everything they said wouldn't happen has happened. Strange that.

i know Paul Forest still gets 49% of the gas sales until their share is paid off,
so call it at even £1million PCM

not bad for poundland is it
what what.

- With Flow rates @ 6mmscf

- Hedged sales @ 52p = £777,000 pcm

- Unhedged sales @ £3 = £700,000 pcm

- Condensate estimate @ 75bpd = £150,000pcm

- Brockham oil @ 50bpd = £110,000pcm

- Total: £1,737,000 pcm approx.

upon a successful sidetrack and us producing 10-12mmscf a day,
does anyone want to even guess at what the SP could be then?

https://twitter.com/RedditDeluxe/status/1575794338843742209

Simultaneous operations are permitted but we have allowed for two twelve-hour shut-in periods during this period to undertake critical works and enable certain equipment to be moved on site.

our wg et al were categorically stating the hedge hadnt been met,

Angus Energy (AIM: ANGS) is pleased to announce that gas volumes produced and sold equalled 1.2 million Therms comfortably covering any deliverables under the Company's hedging programme at the end of September.

5.477 mmcf/d

our hedge expert wg has stated the flowrates are insufficient to cover the hedge,
because she was personally involved in the negotiations.

her obsession with this company is still holding strong, how is your bear case going btw?

i would give wg more kudos if she was a woman of her convictions, she is clearly obsessed with Angus, she should take direct action and chain herself to the gates of one of the Angus sites, easy to post on free BB's all day, actions speak louder.

friday we should get how much monies Angus has been making over the past few weeks, in addition to plans for the sidetrack drill in october.

Wg, are you still confident angs is going bust,
whats your current timeline for this to happen, i just want to put it in my calendar,
cheers.