Member Info for E_AL

Yanis & Neeko, I made it clear in my previous post that Angus's so called improved communication is still not up to our expectation "for some reason their communication been rubbish lately ...Good example is the vague water isolation RNS !!"

If Angus tweeted one simple line : " Brockham's water zone has been isolated successfully" then the sp could have been in a different place but as we all know the company issued a weak RNS which led to more questions than answers ..... The belated clarification was a failed attempt to bring back the momentum ! Again, BOD has long way to walk to meet LTHs expectation for better communication and we are still waiting for Angus's shareholders forum which we've been promised a couple of months ago.

Saying that, George seems to be a decent old fashioned man who genuinely wants to deliver so lets give him the chance to prove that he is able to complete the work program within the given time frame. So far stage 1 was completed successfully and in a timely manner so I really hope that stage 2 will be the same and we'll see the flow test equipment in Brockham by no later than the first week of June.

This is probably why MMS kept the share price almost static today ...

From the work program timeframe and what GL mentioned in his interviews, I think Angus has already ordered the flow test equipment but why they didn't confirm it in a tweet or RNS ...well, thats beyond me really but for some reason their communication been rubbish lately ...Good example is the vague water isolation RNS !!

I cut all the bits about Brockham in Tidswell & GL's recent interview then joined them together in this video :

https://streamable.com/eu7st

30 of April - At the beginning of the video Jonathan mentioned that Brockham WILL be in production in a couple of months. From the work program we know that the company set 38 days for Stage 2 so what Jonathan mentioned in the interview mirror the work program timeframe.

15 of May - George Lucan kept referring to the work program timeframe whenever he was asked about Stage 2. He also mentioned the flow test equipment will get delivered to Brockham in 2-3 weeks, so 2-3 weeks from the date of the interview means that the flow test equipment will get delivered next week or on the first week of June.

I know that we are all frustrated and bored from waiting but could we please stop spreading panic among the share holders .............

It looks healthy at the moment, all the ASKs are in 4s zone

Good, at least we'll get rid of the penny pinchers wannabe traders now so we could then have a steady sp recovery

I feel you bro ha , long way to go for us LTHs

I think she'll break 2p today. Integumen's progress is quite impressive. I can tell that Brandon is putting 110% effort into every aspect of the business, which of course reflected nicely on the recent trading updates.

Just popped up as sell !

08:50:19 1.794 499,670 8,964

btw Gerard Brandon just tweeted :
?
"@gjbrandon

$SKIN Integumen delivers higher-than-expected revenues, cuts losses http://tinyurl.com/yy2lttda via @proactive_uk"

My 08:50 buy of £9K worth of shares is not showing :|

B2HS2L , we had two placing prior to the one in April:

15 February 2019

Angus Energy is pleased to announce that the Company has placed, subject to admission to trading on AIM, 55,000,000 new Ordinary Shares in the Company with existing, new and institutional shareholders (the "Placing Shares") at a price of 4 pence per share to raise gross proceeds of £2,200,000 (the "Placing").

5 November 2018

Angus Energy plc (AIM: ANGS), a leading UK conventional oil and gas production and development company, is pleased to announce a conditional placing of 22,222,222 new Ordinary Shares at 9 pence per share, to raise £2.0 million (gross) for the Company.

So as Lucan mentioned in his interview, Angus is in a very good financial position till next year "whatever happens".

Also from the annual report - Two months ago:

"Following a £2m placing on 5 November 2018 and £1.5m draw down on 10 January 2019 the Group has a strong cash position. A further £2.2m was raised on 15 February 2019 to repay the £1.5m drawn down from our loan facility. This is after accounting for all costs associated with the testing of Brockham X4Z (completed after the reporting period)."

I just cut all the bits about Brockham in Tidswell & GL's recent interview and joined them all in a single video :

https://streamable.com/eu7st

At the beginning of the video Jonathan mentioned (on 30 of April) that Brockham WILL be in production in a couple of months. Going back to Brockham's work program, the company set 38 days for Stage 2 so the period of time between end of April and July matches what Jonathan said in the interview.

George Lucan on the other hand kept referring to the time frame of the work program whenever he get asked about Stage 2 so I really cant see a reason for all the 'newbies' on here to panic or to think that there is a catastrophic news pending and Angus is about to 'abandon' Brockham so its best to cash out now while we can and run to the hills ! ...... I am really frustrated that things are not moving faster and like many LTHs I am deep in loss here but at the same time I would like to think that with the Gas field deal confirmation, stage 2 kicking off in Brockham very soon and hopefully a regulation update about Balcombe in June (according to GL), the share price will climb back up to at least 9/10p before Brockham flow test results announcement.

Guys this is why I only praised "Thomas Cook's twitter team communication".

Obviously more IR/PR work need to be done here........

I am quite impressed by Thomas Cook's twitter team communication :

1- @TracyPaton7 : @ThomasCookCares have holiday booked for 31st may for Turkey x will it be safe x I know its atol protected but does that just mean if u go out of business we get our money back and holiday is cancelled x would rather have holiday to be honest x

@ThomasCookCares : Replying to @TracyPaton7
We’ve been taking customers on their holidays with us for over 175 years and we plan to do so for a very long time to come. I hope you have an amazing holiday in Turkey. 2/2 ^Doug

2- @TracyPaton7 : @ThomasCookCares have holiday booked for 31st may for Turkey x will it be safe x I know its atol protected but does that just mean if u go out of business we get our money back and holiday is cancelled x would rather have holiday to be honest x

@ThomasCookCares : Replying to @TracyPaton7
Hi Tracy, please let me reassure you that your holiday to Turkey with us next week will go ahead. We're very much trading as normal and we aren't going into administration despite what some quarters of the media would lead you to believe

3- @Gingertheone : @ThomasCookUK you maybe Atol protected , I’m still paying for my holiday , do I continue to pay ? Could Thomas Cook put out an official announcement.

@ThomasCookCares : Replying to @Gingertheone
Hi Paul. Yes, your holiday is going ahead as normal! All of our package holidays are ATOL Protected, just giving you that extra piece of mind. We want you to travel with the utmost confidence and only be looking forward to your upcoming holiday with us!

Since the opening :

No. of Trades 3,375

Vol. Bought 29,481,505
Vol. Sold 29,523,026

SP way overdone and its holding up nicely .....imo its about to bounce back up, 14p is achievable today !

They were after hours auction buy : Auction on L2 started 11.7p , now its 11.8p

https://ibb.co/W5dCsDh

Broker Forecast:

Jefferies International issues a broker note on Thomas Cook Group PLC By BFN News | 01:00 PM | Friday 17 May, 2019 :

Jefferies International today reaffirms its buy investment rating on Thomas Cook Group PLC (LON:TCG) and cut its price target to 24p (from 43p).

Yes he mentioned autumn re Balcombe but I also heard him saying August/September somewhere else, cant remember really if it was in the first or second interview...

Alan, as always your contribution to this BB is very beneficial and highly appreciated :)

I just watched Lucan's second interview and in it he answered the following part of your post : "I have never seen any oil company dip in to the abandonment pot to fund their drilling and or production. Production revenue is taxed and also money is allocated for future abandonment costs. When the asset is sold the abandonment money stays with the asset and not with the seller. To say they can use that money to me is crazy….the money is kept separate and out of reach to prevent a company spending the money and then going bust leaving the Government footing the entire bill."

30 seconds vid from the interview where Lucan talked about using the abandonment money to do the work needed THEN 'according to him : After 9 years of cash flow they will deal with the abandonment money' :

https://streamable.com/az7ye

Neeko, the half full glass here is that they are still going ahead with the flow test and the ‘analysing/evaluating results with partner’ doenst hide any unexpected Angus style disaster !