Member Info for E_AL

I agree gmed, I wish I didnt invest in ANY of the Weald companies (UKOG,ALBA,Angus). I lost alot of money in UKOG Q3 last year when the sp dropped from 2.4p all the way down to 1.4p . I then decided to switch to Angus before JTP "turns the taps on" but I guess you know the rest of the story .........

Like almost all of us on here, I am not a fan of Angus but the total value of the company's assets worth much more than the current MCap so the SP must respond to this FACT at some point. I averaged down after the last drop because I believe the sp hit the rock bottom and it wont go much/any lower than the current level.

Brockham's Kimmeridge story is in the past now so if Lucan secures a good deal to sell Brockham or if the new Operations Director decides to target the Portland reservoir then the sp will respond positively, I also wouldn't mind to wait for some time if needed until the sp bounce back up to more realistic level, 4p would allow me to break even and to possibly make a small profit too. New investors/value traders holding from this level could easily double or triple their investment with "almost" no risk - imo.

Jacksdad,
Balcombe & Saltfleetby values should add multiples to where the sp stands right now.

Not true at all , in fact Alan was adding value to this board unlike most of the rubbish posts on this board over the past couple of weeks by the three deramping musketeers . He has a considerable experience in the oil and gas industry and put plenty of time and effort to respond to each of our technical questions. He always provided independent and professional views on Angus's operations &performance and just like almost all of us here, Brockham's rns took him by surprise .

He said something wasnt right about the work suspension last Christmas, he never liked JTP and he said on numerous occasions that Angus could do much better without him.

"because nobody really believes a word the BoD says - whatever they utter (even via an RNS) is questioned and treated with the utmost suspicion. "

This bit in rxdav's comment grabbed my attention . As a LTH, I was a victim of misrepresented RNSs and I have my doubts about the way Angus dealt with Brockham & placees offloading all of their new shares to the market (because of inside info. - imo) which crushed the sp.

However, Balcombe and Saltfleetby are very different to Brockham . Balcombe can flow and Saltfleetby already been in production unlike Brockham and most importantly their figures were given to Angus by Halliburton in Balcombe's case and Gazprom /Wingas so there shouldnt be any doubts about the authenticity of these figures.

Balcombe : Paul Vonk saying the flow test results were given to Angus by Halliburton: https://streamable.com/yupdt

Saltfleetby : George Lucan saying that the gas field figures were given to Angus by the previous owner https://streamable.com/zdy4p

*As a LTH my aim is to cash out with minimum loss but new investors/value traders holding at 1.5p (Mates sp rate) could easily double or triple their investment from this level with "almost" no risk - imo.

As I said, nice buying pressure here and good support at 4.50 ......As for today, I think the sp will end up just below 5p ready to show some recovery on Monday.
imo

Not at all mate but here are some fresh stats about the sp :

Pivot Point 2nd Support Point 4.502
Pivot Point 1st Support Point 4.786
Pivot Point 5.318
Pivot Point 1st Resistance Point 5.602
Pivot Point 1st Resistance Point 5.602

GL :)

Looking at L2 , I think sp will end somewhere just below 5p

Nice buying pressure building on the L2

Dont you get bored of this Kenni? I would be if I sold out long time ago with substantial loss then spend several hours a day on BB that wont benefit me in any possible way .. I guess its more of a masochism thing !

Anyway, nice £37K worth of buys just gone through:

11:57:47 1.60 250,000 4,000
11:57:32 1.594 125,097 1,994
11:56:36 1.595 940,357 14.99k
11:56:07 1.585 946,561 15.00k

Someone sold £50K worth of shares in round numbers, was that you betterupthandown ?

scallywag3, they cant produce oil from the Kimmeridge in conventional methods plus the oil in the Kimmeridge is not mature enough according to Tech. Director so if they could agree with the OGA on something to sort out the water injection issue then Mike Wells will target the Portland again since he was part of Brockham's Portland production team when he was working for BP.

And/or news about selling Brockham or testing its Portland !

Since the opening :

# Trades 90

Vol. Sold 5.4M Shares
Sold Value £95.85k

Vol. Bought 9.8M shares
Bought Value £172.08k

Scallywag3 dont worry, sp will recover, at least to 3p without the need to any fundamental news to support it. this is AIM and its all about the famous pump pump rinse then repeat. Angus has been cruelly rinsed since January 16p>1.15p , MMs done with filling their boots with cheap shares and now its about to move in the other direction. Volumes back to angus & Lucan as someone mentioned before already pulled a couple of corporate governance tricks to spark the recovery, BOD banging on 3p, 4p milestones in RNSs so its all looking good for me.

Lets see what the new operations director think about Brockham, if he decided to test the Portland then sp will break through 4p, if they get a got deal for Brockham then that will give the sp a big push up too. sp should at least doubles from here in the short term.

1.9 on the ASK & the rest in the 2s zone - L 2 :)

Scallywag3, I think this time Angus will break your rule ;)

nhawan its obvious what you are trying to do here , you are deramping because you sold 2 days ago at 1.6 and want a cheap re-entry.

"No new director buyss means sp too high for them"

"GeorgeLucan at the Conference Call "I believe there is significantly more value than its been given to this company by the market,just in our Balcombe and Saltfleetby assets alone as in multiples where we stand right now.We gonna see the sp up day by day"

Another good day here and we still have long way to go, Angus will multibag from here for new holders (good for them) and hopefully it will give LTHs who managed to averaged down a chance to break even or to sell with minimum losses.

Today the market traded almost 13 times the average volume , yesterday we traded 9 times the average volume so obviously the market's sentiment has recovered & we currently have the volumes needed to spark the sp recovery !

imo Lucan has done a great job since the conference call and succeeded in regaining the market's attention. Angus is currently heaven for day traders because its a win-win bet from these levels. We still have long way till (at least) the recent placing milestone (4.25p) but hopefully we'll get there before the end of August (maybe sooner on good news !) .

I dont see a problem with day/value traders bagging 50% profit, in fact it benefits the sp recovery and helps us to have a steady sp trend rather than the unwanted pump and dump spike.

I am confident that the share price will settle in high 2s MUCH sooner than many of you expect !

nhawan you made a mistake and sold yesterday for 1.6p so don't try to deramp to get a cheap re-entry, you could still make easy 50% profit from this level by the weekend.

16th July : 9x The average daily Vol.
17th July : 10x The average daily Vol. (So far)

I think 3p is achievable by the end of the month...... or perhaps by the weekend with a bit of luck & more smashing RNSs !