Member Info for DoneK

that as per the their previous milestones 'begin drawdown very shortly after' still remains VERY SHORTLY after.

that they haven't put the question up on the board, leads me to believe that the money and the payment for the equipment is imminent

ps i asked this question on the 17th may

very shortly thereafter i hope is days, not weeks or months!

from the investor question board.
Could you provide an update on the current milestone dates that you are working to?
Asked on 16 December 2020

Our milestones for H1 2021 are as below. In all of these goals we are dependent on third parties – regulatory agencies, suppliers and debt financiers and, even in this environment, we regard these goals as realistic.

1.To close Saltfleetby loan documentation before the end of January and begin drawdown very shortly thereafter.

Thank Goodness for that...this board was becoming toxic

88e/UKOG have shown that a dead SP will fly back to life

when the completion of funding RNS drops, add ANGS to that list

Final Furlong.

once the money is in the bank, its will be a Transformational moment for Angus and the SP!

jamesthesecond,
just out of curiosity what are your panel of QC's going to be doing?

unfortunately pulling out 20 millions isnt a cakewalk, i am sure the lawyers are creaming the fees...

i am as frustrated as anyone with this funding saga, once the RNS drops your portfolio will significantly healthier for it

GLA

when RNS is issued confirming 20mill in the bag, and it is a when in my books..

we will rerate like 88e is currently doing...probably more so

it could be HSBC read this BB and reflected the musings of some of the contributors, and decided to sell up..

or maybe not

everyone has their own trading strategies.
we are all here to make a few bob.

both the Shareholders and Trolls are waiting for the debt funding saga to be concluded....

the 'inflection point' term was used in a RNS to describe the Brockham kimmeridge test....

sadly for the Shareholders it turned out to be a negative inflection point...from which the SP has not yet recovered

we will imminently find out the direction of the second inflection point.

could explain the dip the SP recently, as that would have to been worked through over several days

as Ocelot mentioned, the SP didn't blink...

its all a waiting game, for the debt funding RNS to drop..

then we see how many green posts we have.

cheers,
i had early April in my calendar, but for the life of me i couldnt remember where i got that from.

does anyone know when Pluto will ipo?

same for me, AAAG going ballistic

every stock has its fair share of trolls, who spin everything with a negative slant.
no problem ,as everyone is entitled to their view, but angs has a huge number..

i have been here since '17 and the trolls have noticeable increased...
angs is going bust...
going private...
will always be a loss making company...blah blah blah

The BOD haven't helped themselves to some extent, i can totally agree with that, and delays have had a big effect on the SP, but we are on the edge of funding which will result in getting SFB on line....

ultimately these trolls have a lot of time on their hands, and their influence is negligible

GLA

RNS when it lands will reverse the current negative sentiment, and no doubt give my filter a well earned rest.

one of the later questions asked about share price triggers, he mentioned the sign off will give the SP a boost as it validates the project, 20million debt facility for a company with a market cap of circa 8million

after Balcombe got kicked into touch...

all in my opinion

1) debt facility sign off - March
2) equipment procurement - March
3) equipment arrives on site - April/May
4) SFB testing/commissioning july/August
5) Brockham back on line - August/sep
6) SFB flowing gas - september

took around 30 mins to get my order done
827777 @ 0.92p

all in my opinion

1) balcombe approval next week (all being well)
2) debt facility sign off - March
3) equipment procurement - March
4) equipment arrives on site - April/May
5) Balcombe well test - starts june/july (if successful water removal continues to oil flow test)
6) SFB testing/commissioning july/August
7) Brockham back on line - August/sep
8) SFB flowing gas - september