Member Info for EchDelta

RESS you are starting to nark of the shorters/locals/nimbys/angusactiongroup clowns...

You seem knowledgeable - they hate that!

What is it you do for a living?

Angus Action Group clowns

Res
Ignore the locals and Angus Failed 5p level underwater basket weaving investors or NON SHAREHOLDERS AS I LIKE TO CALL THEM

THEY HAVE KITTENS EVERYTIME ANGUS TWEET PROGRESS

Furthermore Nomlungu,

Short Sellers Observation 5: Angus Energy will always need placings to fund their General and Administration Costs particularly with First Gas being late
Actual Reality Observation 5:
There is 165m warrants have the following exercise prices: 50% at 1.2p; 25% at 1.35p and 25% at 1.5p. This is £2.1m+ in funding accessible and supports the company. Yes it is a dilution of 16.87% but when you factor in the predicted cash flows and a decent chunk to run the business for other opportunities and service liabilities it’s not a destructive amount in my opinion.
There are those who forget there is the Convertible Loan Note Holders who may also have £1.4m worth of warrants at 1.30p i.e. 107.693m shares and therefore another 11% dilution.
Total dilution with warrants 28% against todays 978m shares in circulation.
All hypothetical of course but that’s discounting £3.5m a 40% of total market cap cash in the bank!

Absolutely if you are a local and you have had a devaluation on your home of at least 30% on sake of argument £500K, £150K knocked off, you can spend that equivalent here, pressuring Share Price, hampering market confidence to ensure angus demise?!

Anyway keep going over the same ground about placing!

My answer to you!

Short Seller Observation 3: Angus Energy will need a placing before First Gas
Actual Reality Observation 3:
The Placing question can only be answered by the real Angus Energy schedule for commissioning and First Gas. Until they know the precise plan which they continue to fail to address (Mid Nov 21) then this is an unknown. Even if they do conduct a placing to pay their fat salaries I would hope it isn’t a large one because when the Gas flows there is anticipated to be decent cash flow that could more than cover liabilities.
Short Seller Observation 4: Angus Energy will need £4.4m for payment to £12m Lenders in July 22

Ocelot

The Market Makers only too willingly obliged.
Who is to say Angus Shareholders who got burnt in the past or Locals are not the buyers at 0.90-1p who actively sell down in small chunks to keep pressure on the market confidence if you cant short it?

Their lust for Angus to fail is all too clear.

They are getting angrier, one should ask yourself, why get angrier? For goodness sake they have shown quite evidently a key piece of kit finally being DELIVERED on site. That is progress for me and reassurance the Business End of the Project is in flight. Idiots claiming oh the ground works arent complete as the trucks use concrete pads on the installation, are stupid quite frankly. Neighbours of ours had a massive roof delivered and the same sized truck bought their own concrete slab pads for footing even though the ground was tough tarmac i.e. the ROAD!

Mystery is being cleared up with the haters! Angus sore losers and/or locals then!

An excellent point.made by an investor

"How come every progress update is met with a barrage of criticism and dismiss? Progress is being made, no mention of a placing, no mention of delays. Everyone should be happy ffs.----------Because locals don't want the project to succeed. Look at the time spend de-ramping this share, lol"

Think locals are going to be well narked off
Site has equipment a decent one too

It's great to see euipment on site.
The business end of the project kickin in.
Hopeful that progress continues.
Gla

I still believe this was a good update, Gas Flare Equipment actually finally on site

These could well be on their way!
However, with this first decent delivery, more coming I hope.

Yanis - feeling better?

UJO downtrodden of late, this is not a cross ramp but a demonstration and its the small cap oilers and gas type being hammered.

ALBA UKOG EDR EOG ANGS UJO all being sold down...

But look at the naughty demand from Brokers on ANGS, so UJO has had a big downtrend with TW crew not helping, of course but check this:

https://twitter.com/zopelyforver/status/1463858893851959298

Fear not all, this is not a cross ramp but a demonstration and its the small cap oilers and gas type being hammered.

ALBA UKOG EDR EOG ANGS UJO all being sold down...

But look at the naughty demand from Brokers on ANGS, so UKOG and others a shorting proxy?

https://twitter.com/zopelyforver/status/1463858893851959298

Fear not all, this is not a cross ramp but a demonstration.

ALBA UKOG EDR EOG ANGS UJO all being sold down...

But look at the naughty demand from Brokers on ANGS

https://twitter.com/zopelyforver/status/1463858893851959298

All doom and gloom hey?

Lets test market appetite Yanis :)

https://twitter.com/zopelyforver/status/1463858893851959298

Well if you are all nervous - sell then like Caravnboy did!

I can see Berenberg are bidding for 33m shares at 0.75p!
Low volume drop to here, games

Short Seller Observation 14: Angus get to full production by Feb 22 (according to George) or mid-Mar (according to the latest revised CPR).
Actual Reality Observation 14:
Nothing wrong with having a target and even PlayStation 5 and Car Chips have been delayed and difficult to get a hold of. Angus have made it very clear and open challenges with logistics and supply chain. There is nothing in this Short Seller observation that is new or alarming. And actually the company have said First Gas target was February and restated that in CPR as an intention not for FULL PRODUCTION. Complete pseudo facts and suppositions all to scare and create noise out of thin air. A non-plus argument from them here!
Short Seller Observation 15: Could Angus Energy produce enough gas to sell to deliver the repayments required on the amortising loan it has committed to (£12m @ 12.2% over 4 years, with end date of Dec 2024, so 37 months to go). Total payable required against this = £15.2 million... total repayments made so far = £0).
Actual Reality Observation 15:
The Loan Repayment kicks in July 2022 and they do have 37 months to go – correct well done have a banana. Tell us something we didn’t know. It is all negative guess work based on NON EXPERTS, NON-INSIDERS to Angus Energy and these cretins fail to remind us all that the Loan Liability is shared so Angus will need to stump up £6.222m of the £12.2m over the repayment period as 51% owners of the project thus Loan! They also fail to remind all that the company may be able to produce Gas pre hedge to generate cash to aide the repayments and reduce the burden later on!
Short Seller Observation 16: Will Angus Energy be producing enough gas to fulfil its hedged volume commitments from July next year (around 3.4 mmscfd for Q3 2022, then rising to well ovedr 5 mmscfd for the following three quarters).
Actual Reality Observation 16:
Going over the same ground over and over again. Short Sellers are running out of ammo here. This persistent observation was clearly answered by Angus Energy in their Website Q&A!
From Angus Energy:
“The lenders technical advisers and Angus evaluated the deliverability of the existing two wells as being likely to be greater than 5 mmscfd. The reasoning was twofold. In the last years of delivery to the old Conoco refinery, average production was constrained by persistent issues with the main compressor at Theddlethorpe. Secondly it was the view of technical experts that, following a prolonged shut-in, the two wells should have improved deliverability in the first 18 months or so of operations. This is because prior to shut in there was an area of reduced pressure around the producing wells. Since then the pressure has equilibrated across the field resulting in significantly higher pressure around the producers. So it is our view that the hedged production should be able to be cove

Nom

Aren't you a broker shorter anyway?

Shorters getting greedy very greedy

Wow

https://twitter.com/zopelyforver/status/1463767471979208705