Member Info for E_AL

YorkshireLife, kenniGT

Guys if you don't see any value to invest in Angus or you don't want to trade its shares then why do you waste your time here posting every couple of minutes. Ignore the company and spend your precious time trading or investing somewhere else?

wongtogo if you are a LTH or a new investor who is interested in holding a position in Angus then why not to send your question to Angus before 5pm and give the BOD the chance to answer you on the CC day??

it dropped 7% yesterday on small volumes mate. The most important thing to me is what people pointed out earlier today : Angus's sp is not only UnderVALUED, its extremely OverSOLD (there is a difference between the two terms). MMs know that, this is why you currently cant borrow & Spreadbets and CFDs are not currently permitted too. There is no doubt in my mind that the sp will bounce back to at least 2p before the end of this month (Maybe on Friday or next week if we get some positive news on the CC day about what BOD will do with Brockham).

Ja51, why not to send your question to Angus before 5pm and give the BOD the chance to answer you on the CC day??

kenniGT, so if sp drops 7% (yesterday) then its understandable but if it recovers the 7% back (today) then there is no reason for the recovery and we should be careful ? ha

I agree with Adam on this : "I am aware that there isn't any work to be done in the next few days/weeks apart from making a decision on how to proceed with Brockham >>>>>>>but the sp must climb back from extremely oversold to undervalued or heavily undervalued levels <<<<< then depending on the company's performance and its ability to regain the market's confidence the sp will respond."

I second that, its very important to know which questioned weren't answered !

Up till 10:17am we had :

# No. Of Trades 25

Total Vol. Sold 605,362
Sold Value £8,324

Total Vol. Bought 1,677,553
Bought Value £23.07k

Buy to Sell ratio - around 3:1

4p in one day ? ha mate you seems to be very new to Angus ; ) ..... Angus is heavily oversold and no doubt the sp will bounce back up to at least 2p from here very soon but not to add 300% in one trading day lol

From Twitter re the shareprice : "The sp is well oversold , the value of Balcombe, Saltfleetby, the cash they already have plus whatever the’ll get from selling brockham or perhaps testing the Portland worth more than 1.5p .. big part of the sp drop from teens to where we are now is related to brockham so today’s sp really gives 0 value to brockham.
Anyway, Lucan said Brockham worth 26% of the Company's gross asset valule as at 31 March 2019. 26% of 5.6p is 1.45p so the sp without Brockham should be 4.14p .. Today’s sp ironically around 26% of the sp on 31 of March (not 74%) !!! I believe all the shorters (ppl in the know) who offloaded tens of millions of shares since the placing will cover/have been covering and the City crooks will also quietly fill their boots with Angus shares at such a ridiculous sp so once they got what they are after they’ll pump the sp up ... SP movement depends on companies foundations as well as TA charts and atm we got one of these two elements ready to kickoff a sp recovery : Perfect TA set for recovery (heavily oversold on all charts) ... AIM is all about pump pump, sell rinse then repeat and I think we are currently at the rock bottom of this circle so very likely the way is up from these levels"

I think testing Balcombe will be a different story, Angus has a only 25% interest in the Balcombe licence while Cuadrilla Hold 56.25%, its a reputable and well established company so they will keep a hawk eye on Tidswell and wont allow the incompetent idiot to fk up Balcombe like he tend to do wherever he sets foot in - From the recent RNS "Balcombe Update : Furthermore, THE PARTNERS in the Licence convened on 23 June 2019 to formulate their plans for an extended well test at Balcombe"

Scallywag3 - 05 Jul 2019 07:55 :

"I bought back in yesterday, ( thats why it went down of course) had sold out 100% on Friday ,
by doing that, my loss was unrecoverible, So bought back with 50% cash. turns out I have 75% of the shares I had
with the same average price. Don't feel that good about it, but had put so much into the one armed bandit, I could see the next person along was going to take it out.
The other 50% cash i took out on Friday, I split with UKOG and RMG. Not putting that back into Angus.
Just thought i'd mention this, as on reflection, with the sp never managing to get higher than just over 4p. I think it was probably known by those that make the market that Brockham was going to be mothballed.
The information was there in OGA letter, even though Angs decieved us with their published timetable.

So I don't see why 2.5p isnt a fair price with Balcombe proved with oil , ( no way angus have decieved Cuadrilla )
atb. "

******I take it you sold your position again in Angus ?

He must calm the market Will, Lucan stressed in his interviews on how important MCap size to companies and why he wants to boost Angus's MCap soon. The recent sp drop must came as a shock to him so he must do something to calm the market and to start a tangible sp recovery.

True Mirasol, this would be against AIM regulations. We could get 4:30pm RNS then Lucan discuss the RNS at the conference call.

They could also RNS any news they like after the market closing on the conference day then discuss that RNS an hour LATER at the conference call, right ?

OK, I think its about time to put an end to what many been blindly repeating on here/Twitter about how Angus must RNS any price sensitive information before the conference call.

First of all, there are 3 more working days until the the conference call day so similar to how Angus changed its mind and decided not to test the Kim 3 days after the company was preparing the site for testing , we still have 3 more days before the CC so Angus could disclose any news they like between now and Thursday if they have any update(s) to share with the market.

Secondly, according to AIM Rules for companies March 2018 booklet - Its NOT compulsory for Angus to RNS an update on the exact same day the event takes place if BOD thought its better to disclose the update on the day or two afterwards , or in our case on the conference day instead :

- Unless disclosure is required under Article 17 of MAR (Market Abuse Regulation), an AIM company may delay notifying information under this rule if it is an impending development or a matter in the course of negotiation provided such information is kept confidential. The AIM company must ensure it has in place, in accordance with rule 31, effective procedures and controls designed to ensure the confidentiality of such information to minimise the risk of a leak.

In such circumstances, where an AIM company is able to delay notifying information about impending developments or matters in the course of negotiation it may give such information in confidence to the following category of recipient:

(i) the AIM company’s advisers and advisers of any other persons involved or who may be involved in the development or matter in question;
(ii) persons with whom the AIM company is negotiating, or intends to negotiate,any commercial, financial or investment transaction (including prospective underwriters or places of its securities);
(iii) representatives of its employees or trades unions acting on their behalf;
(iv) any government department, the Bank of England, the Competition Commission or any other statutory or regulatory body or authority; and (v) the AIM company’s lenders.

"This is going sub 1p with or without me being here - anybody without blinkers on can see that - it's as guaranteed as night following day. That is my opinion - to which I am entitled "

This is not an opinion, its shoving your hopes down peoples throats, banging on sub 1p in every other post doesnt make any sense only for opportunists traders. The sub 1.3p early morning sells were snapped straight away by buyers. LTHs who wanted to cash out after Brockham's news have already sold their positions and moved on and sp is consolidating atm. I believe we'll see sp showing some recovery very soon.

"This is NOT going sub 1p with or without me being here - anybody without blinkers on can see that - it's as guaranteed as night following day. That is my opinion - to which I am entitled "

nah mate, your consistency says otherwise . There is a difference between warning people about a company and posting on here every couple of minutes and repeating yourself........

Nhawan, Good that the Admin has deleted all the destructive posts ...

rxdav, there is no difference between you and Will, every other post on here is yours just like him. The only difference is that Will sees an opportunity for a trade from a heavily oversold share but I am not quite sure whats your new agenda or why you still here if you already cashed out and you thing the company is uninvstable ...you are still posting on this BB like every 5 mins?! Dont you have anything better to do ? Perhaps move on and research other companies to invest in or focus on your trades/investments to recover your loses from Angus ?

From the trading transactions over the past couple of days I noticed that little pressure on the ASK would push the sp high up as if MMs doesnt want to sell any meaningful volumes but happily take any volumes from sellers. Good chance we'll see 2.5p before the conference imo

“I'm in and out tomorrow and will still be holding - just in case anyone gets concerned by my lack of posting. “

I can’t beleive I’m saying this after all the arguments we had on here a couple of months ago but you gonna be missed tmrw ha ;)