Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
The LOSER gloated about selling at 1.20p and now watches enviously from the sidelines.
I'm quite content to let him scream into the void from his permanent home (the filter bin where he belongs) while the share prices climbs inexorably higher.
Here's a big 'L' for him and the other trolls ...
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Chew on that!
Typically, in meetings this morning, and missed the RNS regading:
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Onwards and upwards!
Based on the current trend it's likely the price is heading up to fill the gap at 5.15p (from 29 April 2019) ... anyone waiting for gap fills to downside likely to be disappointed.
Impending news of the second well and gas sales may result in further gaps up.
*institutional
and yes ... a bit of an optimistic target but my first buys in ANGS were double digits so hope to see those prices again!
"A rising share price is great but will trigger selling."
Not a problem, liquidity is needed for all the instituional investors queuing up to buy.
Will everyone getting off at the next stop please do so quickly and quitely so that we can continue to our destination ... double digits here we come.
>> and all that nonsense "down she goes" BS!
I think he was talking about his own IQ
" followed by sidetrack (unless they decide they don’t need it)"
Rig has been on standby (somewhere near Sheffield) since May so at least one sidetrack is definitely coming.
At current gas prices, you can imagine what any additional production would do to the value of ANGS!
I'm not a shareholder here but thought I'd jump in on this thread.
I watched a lot of shows and movies on Netflix and streaming throughout the pandemic/lockdowns. Recently I have looked forward to getting away from the small screen (zoom fatigue and all that) and have started going to the cinema much more regularly than I did pre-pandemic.
Over the past couple of months I've watched 'The Black Phone', 'Bullet Train', 'Top Gun Maverick', 'Thor Love and Thuder', and looking forward to watching 'Nope' this weekend.
Can't comment on any of the Cineworld theatres, but have visited Vue and Empire. Really impressed with all the improvements (probably accelerated by the social distancing requirements).
There may be less seats in each auditorium but what luxury, reclining seats with tray tables and cup holders, and loads of room to stretch out!
If they haven't already, studios should now be revising their pandemic strategy of releasing straight to streaming platforms and plan for some more theatrical releases.
Anyway, I hope there is a postive outcome for Cineworld and its shareholders here.
As Angus recently communicated:
"We left space for a third compressor in order to handle any potential pressure drop in the two existing wells. If the sidetrack pressure keeps the average across the three high, then we could use the third compressor to increase flow rates.
All of the units were sized around 10mmscfd (the target production after side-track) but were build with a degree of redundancy and subject to risk assessment we could increase flow beyond that amount.
That assessment will be easier to do once we have steady flow"
So the target is 10 million standard cubic feet per day (with potential to go beyond that).
The first well B2 is already contributing half of the target production (surpassing the Company's internal expectations), and with the A4 well coming on stream shortly we can be optimistic that it will similarly perform above expectations.
Looking forward to finding out what a combined steady 'normalised' flow rate from both wells is likely to be over September, and then on to the side-track for which I'm guessing works will commence October.
Next few months are going to be transformational for Angus and as a result the share price!
Earlier this morning from bobrad: "11 messages and 7 trades,,,this is truly embarrassing."
Well over 300 messages and 1100 trades later , the little runt is still in hiding.
Long may it continue.
Mr008: "I have already warned that the problem encountered by GL is not a problem of instrument testing, but a problem of gas flowrate.The Gas flowrate is lower than expected."
Posted this morning by one of the swamp dwellers.
So was he intentionally trying to mislead investors, or is he simply a wally?
My guess is both.
Fantastic RNS from ANGS. Read it and weep trolls.
"You should have joined in, oh, hang on, you did - Lemonleaf/ScarletVixen/Ladypenelope/Gideon's/Foolonthehill/Adrian."
Shades of Norman Bates dressed as his mother in Psycho, or more recently, Gollum/Smeagol in Lord of the Rings.
"Tells you all you need to know about that type of mouth-breathing bottom of the barrel shill."
Name-calling from the holier-than-thou HeadInTheSand? Surely he's not resorting to the type of playground abuse he likes to call out the 'ramp squad' for!
Is the pressure of having to be on here day and night getting to some of the uninvested?
Anyway, if anyone is deserving of being described as a mouth-breather, I'd like to nominate the following for consideration:
bobrad
bottom_feeder
Adrian and all his aliases
Mr008
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"will advise further on a PRECISE date for export and nominations thereafter"
Anyone else excited that we might, for the first time ever, be getting a 'precise' date in the next announcement!
I do hope ANGS share the same dictionary definition of this word as the rest of us.
From a previous announcement on the timing of a sidetrack:
"simultaneous drilling and production operations are manageable once the plant can evidence reliable and stable flow of sales gas and good functioning of all safety equipment."
So I'd expect a few weeks after 'first gas' is probably the earliest they will start preparing for the sidetrack.
Wonderful. To add to the usual guff on the board we're now about to get climate deniers, anti vaxxers, and assorted conspiracy nuts.
asher7: "Mr008 reported for a non factual statement"
Not sure reporting will make a difference. The half-wit has been on overdrive with a series of moronic statements over the last two weeks:
"No natural gas flow out of the wellhead?"
"What comes out of the well is not gas but water?"
"Perhaps the gas production is not up to commercial standards."
"Now there is a problem with finally live gas testing with well-head gas."
"If there is a problem with the gas well and the gas production has no commercial value, then such problems cannot be solved quickly."
"So far, Angs has released no information about finally live gas testing with well-head gas. So, it seems the problem is serious."
"The only explanation is that Aleph already knows that SFB cannot produce commercially valuable gas"
"No gas coming out of the well?"
"It may be water that is coming out of the well."
"worst case there is no gas encountered.!!!! be careful new investor"
Are you mad? The company announced yesterday that they are flaring with LIVE gas. Not long now before stabilising of pressure and flow completes and the RNS everyone is waiting for.