RE: everyone's predictions27 May 2020 20:01
i am one of the old investers in Angs who hasnt sold despite all the sh*tstorms Angus has faced (mostly of its wn doing) over the past 3 years,
it was around this time last year that there was a placing at 4.25p, bear in mind that we hadnt yet concluded Brockhams kimmeridge layer was a duster...
fast forward a year and the lack of activities at Balcombe, or any revisit to Brockham and with the SF works to meaningfully begin, the SP has taken a good beating...
the market does not look back(despite what some of the derampers on here will have u believe), one thing i know about the Angs SP is that when it moves it moves bigs...up and down.
15th of june with the news the George L mentioned would be released i would say 1.5p plus is definitely on the cards,
with a good head wind yes i agree with Highroller 2p+
for me its now about income, Gas sales from SF, oil sales from Balcombe with contributions from Brockhams portland layer and lidsey...as we head towards these targets the SP and confidence will both increase
GLA