Pertinent29 Jun 2022 12:32
Great update yesterday, hopefully should translate into positive investor sentiment as sales of first gas are announced.
Regarding the usual culprits, who have no holding but are on here every single day, at all hours, to dominate the discussion; the following statement from ANGS released last year might be illuminating (particularly the last two paragraphs):
"Since 2019 the entire executive Board has been replaced, there is a new Director of Operations, a new Asset Manager across the Fields, a new Planning Officer, HSE Advisor, and EA Liaison officer. The entire technical team, bar one, is new.
Additionally we have moved from the disappointments and exuberances of the Weald oil story into a more diverse transition company focusing on conventional and overlooked oil recoveries from legacy assets, gas supply via National Grid to offtakers such as Shell and geothermal projects in the south-west.
Nonetheless there is a group, clearly acting in concert, who continue to hold the company responsible for null results on drilling operations that either were completed or intiated before 2019, or planning issues, as at Balcombe, which were left in a poor state for the present Board to resolve.
The amount of time spent by this group on the share boards, given they freely admit that they are not shareholders, is surprising and we can only presume that they are either professional share board (de)rampers or retirees.
Judge of them as you will, but there is no law against misrepresenting information. We do monitor the Boards for gross libel otherwise continue to support freedom of expression and hope that these individuals, whether in their twilight years or not, find some more useful and rewarding outlet for their energies elsewhere on the AIM, ideally where they do have a financial interest."
Sign In
Follow the stocks
