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Apologies Helx... I hadn't spotted that you and Dagenham were so similar.
Seems to have become more stable, but the new average productions is now apparently sub 80,000 therms a day.
"...when he delivers..." A not at all subtle assumption there, n'est-ce pas?
I think you'll find that's it's still very much a big, fat "if".
I'm pretty sure that honesty would be most holders' first choice for the virtue that Amit himself should try adopting for a change.
More made-up myths from BV... again, how predictable.
It would be nice if some here understood the meaning of the word "earning ".
And like clockwork, as predicted...
Phil, in case you haven't worked it out, BV, this bulletin board's resident company PR man, will instantly accuse anyone with a less than glowingly positive opinion of ANGS of being a multi-ID troll.
As we all know, very easily and instantly verifiable history shows exactly how well or badly this share has done over recent months and years. So BV has to rely on making stuff up and playground insults in his desperate efforts to polish ANGS, in the face of all those evidenced facts... It's all he's got.
There's at least one on every board...
It's a good and important question.
The average monthly production volumes that ANGS recently stated it expected amounted to c. 2.7 million therms a month. However over the last week or so, their average daily production gives rise to a monthly production of c. 2.1 million therms a month.
What with the current price of gas (c. 114p per therm) and current hedge commitments. that 2.1 million therms a month production figure gives rise to post-hedge monthly revenues (NB Tony - revenues, not earnings) of £1.38 million, rather than the £2 million that some have been claiming.
There's a marked assumption here that 1984Investor is actually a genuine investor...
Tony, first and foremost I am aware of the difference between revenues and earnings.
Secondly, I am also aware of how current reduced production is affecting current generated revenues. As I clearly stated, should production return to the hoped-for c. 2.7 million therms per month, then monthly revenues (but not earnings) would in hand return to the c. £2 million per month levels, post hedge settlement.
"Earning £6 million a quarter"... not really.
Currently, post hedge commitments, ANGS seems to be generating revenues (NB revenues, not earnings) of around £1.65 million a month at current gas pricing and production levels. If production returns to what one would hope is "normal" levels of c. 2.7 million therms a month, then that would indeed give a monthly revenue figure of £2 million.
However, out of those generated revenues it (needless to say) needs to pay its field-specific OPEX costs, its general G&A costs and in particular its financing costs.
"... so you will need to provide your name, address, contact details and bank details."
Rock and a hard place.
A whole heap of short-term cash needed in Jan to meet already incurred liabilities, but over-rev field production and that'll then make things worse in the short-to mid-term.
Where oh where is that alleged replacement global financing (which probably won't be much cheaper - if at all - but which would give ANGS the time it needs).
The bears have been correct all along. Every single time. The sole question is, are they also correct this time?
I reckon we need a countdown clock on the website...
(The clever money says it's going to need an awful lot of digits).
Au contraire. Those with a less than positive opinion on CTAG have got absolutely everything right to date.
As the cheerleaders know (and rely on), it is impossible to be right about an event that hasn't happened yet.
Delisted, not demister.
Hubba asks for evidence to prove that the alleged deal is not real...
Of course he does, because he knows that none will be forthcoming. He and his ilk know that it is literally and logically impossible to prove a negative - and this is what the cheerleaders rely on.
There is of course a literal mountain of evidence that categorically proves that everything Amit has promised and assured in the past has turned out to be utterly false - but strictly speaking, that dismal Pinocchio record doesn't disprove this latest assurance.
If Amit's latest statement is true (and it'd be for the first time ever) then as today is the last working day of the week commencing 13th November, the alleged agent should have contacted all brokers by close of business. Let's see if that happens. As to those holding share certificates directly, it remains difficult to work out how they're going to get their alleged payouts, especially if they were sent their share certs by a broker nominee once CTAG demister (as many were).
Insurmountable? Agreed, IMO it's not. Unaffordable? Well... that's a different and more complex matter, given the company's current, large and looming short-term liabilities.https://www.lse.co.uk/ShareChat.html?ShareTicker=ANGS&share=Angus-Energy&thread=A97BA0EF-2A45-4A31-B18B-8CF58749F791&reply=true#posting-rules