Member Info for DoneK

Fact

today i brought my first batch of ANGS shares, @ 32p
had to average down and down and down...
been a hard slog boys

the volume over the past 5 days tells its own story, double digits SP by the week of the 8th imo

after the summer of discontent, this is a welcome change!

FACT!

will we break the 7 barrier today?

he must have heard something on the oily grapevine

yep, thats what big Paul said, maybe the upturn in the SP is indicating that they are going to Balcombe very soon?

it would make sense to test Balcombe and assume Brockham decision is in the bag and then move the rig across for EWT there..

lets hopes its permanent good bye to the 5's

is there something brewing?

Big Jonathan says he has a good feeling about the 8th of august, surely if they are confident they should be sending a rig to Balcombe in prep for a yes?

I hear you wolf...
We are awaiting lift off...

ignoring any future production from Brockham and even longer term from Balcombe...as the market currently has,
if our 200 BOPD equates to a cool £2mill a year, what is a reasonable P/E ratio, say 8, which divided by our numbers of available shares we get a share price of 5p(ish)

am i talking complete rubbish?

what i am saying along with a whole load of shares coming onto the market, we have not had anything priced in for Brockham coming online(hopefully post 8th august)

Have we reached the bottom? or will there be another splurge of large sells to hold us down?

Exactly...hh and Brockham have similiar geological make up...in theory if one flows so should the other...

Prempting a sign off on the 8th august, cant balcombe be flowtested to end around early august and then be moved to Brockham?

Cheers CharlieC

Hi all, been reading LSE bb's for years, thought i would join in the conversations...hopefully the HH updates from ukog are positive over the coming weeks which if all things being equal should drag us up before the decision on Brockham?