The British Bulls posted a 'buy' recommendation to Angus Energy last night :
"Signal Update :
Our system’s recommendation today is to BUY. The BULLISH DOJI STAR pattern finally received a confirmation because the prices crossed above the confirmation level.
Market Outlook :
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment."
"I am very pleased with the oil analysis clearly confirming Kimmeridge oil at Brockham. The water zone is obviously an unexpected hindrance but, with natural flow to surface and evidence of oil, we remain quietly optimistic of achieving commercial success at Brockham. Brockham in combination with Balcombe could be transformational for the Company and oil production in the Weald."
"@angusenergyplc 10 May 2019 :
We are very happy to have successfully isolated the water from the well. "
Hmmmm Mirasol, of course not all questions are deramping but as Sam mentioned below, some people have been posting nonsense such as Angus going private (Dismissed by Tidswell), conspiracy theories, another placing, Brockham is a duster even before flow testing the well !!
I am not impressed by the past performance of the company or February's BOD shenanigans but I think we should give Lucan a chance to deliver. He shared with us his vision for 2019 and explained in the recent interviews his plan and the time frame to deliver it, whether we agree or not with the plan is a very different thing.
Next placing : The company has sufficient cash to cover its activities till 2020 (According to LL).
Previous placing was for :
1-Supporting the ongoing work in Brockham. 2- Extended well test in Balcombe. 3- Seismic overview at Lidsey. 4-Due diligence in the acquisition of a 51% interest in a licence and operatorship of an existing UK onshore gas field (Saltfleetby).
I think people should stop spreading panic among shareholders and look forward for Brockham's flow test which will start very soon.
.......and of course its about time for Angus to DELIVER !!
“Some of us want answers and wont stop until they are answered.”
if this is the case mate then I’m pretty sure LSE BB is not the right place to seek ‘answers’ since we are all in your very same position - aka shareholders !
Posting constantly on here won’t benifit your investment or make any difference, apart from increasing the levels of stress and frustration among us... perhaps pushes more people to cash out and drag the sp further down ..which obviously won’t help, right ? What about trying something different and more productive ? Maybe the Wolf spent long time in the woods and it’s about time for him to get some answers from the source of the problem ....
Ok Wolf, thanks for sharing your thoughts with us but I have a question here. If you think something suspicious is going on in the background or Angus won’t run flow test in brockham or they are facing a serious problem there and currently buying some time till ‘the mates’ cash out ... Why you still holding here ?? Why not to bite the bullet, cash out and save whatever left of the capital before the sp collapse, I mean to ukog level ? Hmmmm I’m just trying to understand the way you think really and where do you see Angus and the sp by the end of June : )
The whole market was down today, I just had a look at PMQ & ENQ and I was really surprised by the 13% drop in each .. ENQ released a great operations update today but it didnt lift the sp & PMO sp dropped for no reason , 2.5% drop in UKOG for no reason as well .. so I guess our sp's drop wasnt too bad compared to the others.........
Angus's share price is almost static lately so some people sell in the morning, trade in more active stocks through the day then buy back before closing in case Angus releases the long waited RNS !