Member Info for E_AL

Two silly price monitoring RNSs for no reason............

In case any of you would like to put face to the name and listen to Tidswell talks about Brockham :

https://www.youtube.com/watch?v=I_Npiux_8iI

*The video is from last year

rocky67, whether there will be a rig or not on Monday its not the case, all stats shows sp been shockingly oversold and
of course if you did your DD before investing here then you shouldnt fall to such an obvious market manipulation or accept all the deramping been going on here lately. I am like any other Angus investor not happy to wait for a while to see recovery back to double digits but 5itt happens and hopefully with some positive news expected soon we'll see a fast sp recovery.

Razel we've been recommending since the early morning not to sell at such a ridiculous sp, its an obvious market manipulation ......really sorry for your loss

1IFA, below were the comments from the heads of Angus and Alba on Brockham ....only 4 days ago !

***George Frangeskides, Alba's Chairman, commented: "Confirmation from Angus Energy that the well has flowed naturally and that oil has been produced to surface are 'clear positives' arising' out of the recent test programme at Brockham.

We look forward to further proposals from Angus in respect of tackling the water influx which they report as having inhibited oil flow, so that we can more readily evaluate the full potential of the Kimmeridge limestones at Brockham."

**Angus Managing directors Statement:

"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."

No RNS re YA today, so imo it will be announce on Monday morning (30 days from the loan's rns) , YA therefore will push hard on the final day to keep the SP low before conversion ....

Ismailq, I am 'not happy' to wait for a few weeks tbh but I am absolutely not selling for such a ridiculous fake sp drop... We all know from the recent rns and Tids tweets whats to expect next next, fixing the water problem in Brockham which shouldn't have happened, caused delay but EASY TO FIX so sooner or later it will bounce back up and no one should fall into such an obvious market manipulation ...

imo

Oh mate don't let me start... I averaged down with all the extra cash I had at the wrong time so Angus really need to get their 5h1t together soon. I strongly believe in the massive potential of Angus for 2019 and in the sp bounce back up from these levels ... As a mechanical engineer I totally agree with Alan and Tids that the water problem (which shouldn't have happened) is an easy fix and I know its only a matter of time before we receive the test results from Balcombe, we already got Lidsey in production so there is a safety net for the company ... However, I really don't want to wait for (possibly) a long time just to break even :/

Nicely put DoneK, but you forgot to add whats likely to happen next :

YA forward selling ends
SP sees recovery
Photos of work on rig at Brockham
faster sp recovery
update from Brockham
Deliver the well test from Balcombe
(Hopefully) improved well performance at Lidsey.
SP back to mid teens.

If you invested in both companies then of course you can post on both boards, I was only referring to the non Angus shareholders who show up on here every day to deramp .......

gkb47, I totally agree with you and I really wish if BB members from both companies stick to their own BBs .

Pboo, I honestly don't have anything to do with those twitter accounts or know who runs them but as you said they are "putting up total out of order posts about us." so nothing to do with ukog, Angus or any other Weald basin company unlike you and the others who take the p155 out of Angus in every other tweet !

Why you don't address them instead in your tweets, why you presume they are Angus shareholders and take your anger out on Angus !

Anyway, I'd happily try and ask them to stop continuing with this nonsense if you stop slagging Angus and ask your Twitter mates to do the same.

The 'mine bigger than yours' game has a negative affect on both companies, the Weald Basin reputation and it backfired on all genuine shareholders.

SuperOwl, I absolutely agree with you and I find it embarrassing to any genuine Weald Basin investor ! It made many investors cash out from the Weald all together and spooked potential investors from touching any of the Weald basin stocks.

Frankly speaking and you can check that yourself, almost 95% of the childish tweets on twitter are from 5 tweeters, the two day trading photographers (aka the eyes) and three other clowns who slag Angus and its shareholders on daily bases and in every other tweet, so in response to that some of the Angus shareholders felt the need to address all the deramping and/or lies about Angus.

I guarantee you IF those 5 tweeters are willing to avoid mentioning Angus for one day only in any of their tweets you won't see any of those self-destructing tweets on twitter among the Weald Basin shareholders ! .....

Again, I dare those five tweeters to avoid mentioning Angus for ONE day only in their tweets and you won't see any of this madness anymore ........

younba , thank you very much for the clarification ! I think you and Harts are both right about whats going on, its a combination of forward selling by YA before getting their conversion and traders closing T20 orders before the weekend which of course indirectly help YA to get a lower average.

This all means, when the sell-to-cover and YA forward selling stops by the weekend, the sp should start to see possibly slow but steady recovery until of course we get the next positive update or RNS from Angus or from Tids on twitter.

Harts, I agree with what you said which Ii think its the most realistic scenario to whats been going on over the past two days ..Saying that, I think the share price will head will exit the high 5s sp range next week after YA gets their shares and the forward selling stops...

I agree that the sp is slowly recovering, it was heavily beaten for an onsite problem which shouldn't have had happened if whoever been in charge did the his job properly, highlighted the water zone and tried to AVOID perforating it ! Anyway its in the past now and as Tidswell & Alan explained before, its an easy fix but Angus should sort it out asp.

Back to the sp, as most of us know, it hovered around 5.4 for a very short period of time on Monday before it climbed up to higher 5s over the past couple of days. Now, I am pretty sure before Monday no one had access to sub 5.5p sp and I'd like to believe that most of the day traders who held positions earlier this week around 5.5p for an easy 5-10% profit already cashed out.

Since yesterday I noticed someone is off loading blocks of shares whenever the sp attempt to exit the 5p zone and desperately tries to keep the sp under 6p. Now, unless they are a group of sad souls after 3% day trading, this seller must be selling for big LOSS (as I tried to explain above) so imo whats going on at the moment is likely to be one of two possible scenarios :

1- Something about shorts to close before the weekend and the need to keep the sp low (as it was mentioned on twitter earlier today : "T20 Shorts(CLN's) from 14Jan closed by end of the week? ...Should spike a little maybe").

2- YA / Riverfort need the SP to stay down here for three days to convert at a low average hence the constant round number sells.

..........Any thoughts from 'other Angus shareholders' ?

Sure, the crane video from Brockham : https://twitter.com/Adrianwfire/status/1092740715900268545

Masterbaker, it was a video posted on Twitter by FOTH

Currently, there is no need for more funding :

*RNS 10th of Jan :

-Details of Facility Agreement

The Company, on 9 January 2019, entered into an agreement with YA II PN Ltd and Riverfort Global Opportunities PCC Limited (the "Noteholders") for a 2-year £3 million loan facility.

The Facility may be drawn down in tranches ("Advances") over a 24-month commitment period at the sole discretion of the Company and carry 0% interest

Intended Use of Funding:

· Fund capital expenditures for the future development of the Balcombe Field Discovery

· Provide further working capital for the group.

*RNS 5th of November - Placing to raise £2million :

- 22,222,222 new Ordinary Shares placed at 9 pence per share with institutional and other investors

- Production at Brockham from the Kimmeridge layers planned to commence before end of this year

- Net placing proceeds of approximately £1.85 million for general working capital purposes and business development opportunities

**Angus has enough money to fund the extra work needed in Brockham.

Penny pinchers day traders .......