Member Info for Echo1

Heave-ho I say

HEEEAAVE

One, two, three and

Heave

Oooo I’m noticing some filtered green.

Boo Boo must’ve be out of his cage ;-)

Buy price 253.9

Sell price 249.9

HL spread 240 vs 255

To bed and Isa yes I’d agree
It’s just been explained to me!!

Bloody hell.
I never know how to interpret or make sense of big trades at this stage tbh.
Someone desperate?

Good to know John thanks. Are we due an update in May?
And a nice quiet day on the board which is good to see.
The goon squad will be back though ;-)

Excellent thoughts JP :-)
Next 4 weeks should prove pivotal for the remainder of the year.

With JC in the Kalahari last week and Marsfontein in production for almost a month I’d say we’re due an RNS :-)
Any thoughts people?

Brixton
An excellent reminder to us all
‘This is a chat board’.
Heave69 needs to remember that.

starbright

it was following on from what Singhie said in his post, I assumed it relates to what a realistic offer price might be

'Even if a prospective buyer values the Gas deposits at Saltfleetby as GB£ 200,000,000 and then deduct GB£30,000,000 for any outstanding loans and interest and other debt obligations then divide the remaining GB£170,000,000, by 3,450,000,000 Shares in circulation a share price of £0.049275 is not unreasonable'

Well, thanks for those insights Heave69. It was Singhie who brought the notion to my mind.

A simple 'no I can't see it' would've sufficed. Then came your 5 paragraph response . . .

All the attention is quite rightly on the sidetrack success but then Singhie mentions something that I was also pondering myself.
Angus was a takeover target last year so why wouldn’t we be target again this year?
The mid term investment case is for me very strong now.
And Angus have done all the hard work in achieving access to a spectacular gas field.
Takeover approach incoming even with 3.5 billion shares in issue?

Happy Easter all ;-)

Yes you’re quite right - the revenue will be higher than current MCAP. 11 million at present is it?
I’m just having one of my impatient moments ;-)

Its always worth re-reading the literature on Marsfontein only to reminded of the revenue - $246 million.

But although Thorny River is estimated to be twice the size of Marsfontein are the grades sampled as impressive?

I'm not sure they are? The reason I ask is because with a 15% carry and 25% on special stones how much realistically is Thorny River going to be worth to BOD?

Not be dampen spirits of course but I always hoped we'd mine TR and reap ALL the reward.
I think that's why I'm leaning towards a buy-out tbh

799 - a superb summing up.
I’m invested here to a level I’m comfortable at about 900k shares.
But if ANGS comes good I’ll be buying again for the final time. But ONLY if Angs comes good.
I do believe that in less than 12 months the price (as 799 says) will be unrecognisable.
And I’d go as far to say the company won’t exist as it’ll have been swallowed whole by a big player.
All the ducks are almost lined up. And we’re all on the inside :-)

dummy trades are showing

251.6 to buy
245.6 sell

So I suspect LSE isn't getting it all correct tbh. But the big trade at 258p is well above the ask :-)

Yes your petition isn’t going to make a fart of difference.
No one is being forced to invest in AIM.
It’s a personal choice.