Member Info for EchDelta

Idiots
Literally thinking pictures are old or implying they are.

Get a life shorters.

Gas rockets, note Market Makers shrewdly upped Ask towards end of day 0.93p.

Those sells from Caravanboy will no doubt be sold higher.

NIMBY locals are desperate for Angus to fail.

Fekem IMO.

Enough of this nonsense Shorting Hits

239p last time it was here we were at 0.95p

Market Makers raised Ask as Gas broke 220p to 239p

Games I tell ya

0.93p to buy now

Yanis wake-up

Try buying size on Angus....

Over 0.88p now????

If you don't believe in your investment thesis sell and be done.

Hits and others take great pleasure in seeing sells...

Says it all really.

Onwards to first gas!

EA Permissions I await, I wont be selling a single share till first gas at very least.
I thought the same holding 6m shares, instead its grown :)

Well done Caravanboy,

At least you made a decision without too much issues.
I shall continue to hold. A lot of people are timebound here, I am not, I can wait.
Do I believe in Angus Energy as a value play? Definitely.
I remain positively at ease.
Each to their own!

Here is todays pricing
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5188710&span=2

All helps in the forward curve...

Pah Sub 1p
Pah sub 0.90p #

A joke!

Gas flying again....

All good for forward curve.

Big rise today.

Whilst shorters play today

Hahahhaha Berenberg were sat at 0.55p for 88m shares at one point lol

I've taken off weak holders and the Institutional Broker Shorters.

:)

A real project

New ANGUS ENERGY tweet

https://twitter.com/zopelyforver/status/1460565638754316289

If you can't stomach holding Angus Energy that's your own dilemma.

I am content here and can see we are at the business end of the project.

No begging for money to fund the project.
Not drawing up a shopping list to buy stuff.
Kit is being developed.
Permissions being sought.

Patience.

Massive value for me.

Well

Either stick or twist
Make noise if you must
It'll land on deaf ears

I'm not fussed

Let the weak and impatient sell

Angus Energy as many tiddlers are in a stealth bear market.

I'll hold firm!

I think you need to consider Just In Time Engineering and how invoicing and payments of the sizes in this project matter.
Most are on skids. Tieing them in sounds very modular. Why have equipment delivered on site sitting for 4-8 weeks and paying 2 months earlier than EA permit date ranges? I am with the management on this from a Quality Delivery Engineering perspective.

It is prudent to hold back on deliveries and full payments for e.g. £1-2m final payments at 0.75% interest saves £1.875K paying for 3x RNSs. Especially with tight money in kitty.

Nope, Im content!

I thnk it doesnt take a rocket scientist to establish when First Gas target was moved from Dec 2021 to Q1 2022 that a potential shortfall could exist for working capital purposes.

A Placing could be completely avoided via:
EA providing consent to process via Grant of Permit
Sustained and elevated Gas Prices heading into February
Equipment finally being put together on site
A plan that starts to come together after Xmas
Warrants are available £2.1m worth at 1.36p average price.
Employee Options at 1.50p too worth 26m, 11m of which is Directors Lucan, Hollis and CFO.

So no, I am reasonably happy at this level and the Convertible Loan Notes deferred via a 1.13% dilution to do so was a good outcome.

I hate to say, but I have increased my holdings :)

Money where mouth is.

Its a real engineering project from the looks of it unlike Brockham.
My mindset is saying First Gas at 120p in May 2022 would compensate if their projected plans were at 40p per Therm in Feb 22 in my opinion. The raised gas prices has given further options.##DYOR GLA WTFDIK!

They think they are Angus Energy the way the go on.
Do they work for the company? No!
Did they sign off the Loan? No!
Are they cretinous shorters or Locals? Probably Yes!

Here is a snippet that implies to me the Loan is shared between SEL and Angus Energy...
"Given the share grant to be issued by Angus under the MOU, SEL has agreed net drawdowns from the facility to cover elements of the pipeline completion, thereby keeping the relative funding liabilities on the agreed pro rata basis of 51%/49%."