Member Info for Hertstrader74

Are late today. Can hardly see any announcement

Plenty of bed and isa trades on Friday and some big buys at lunchtime just over 8p. Seems there is plenty of support at 8p. One has to assume profit takers have sold since Tuesday. I am underwater averaging just over 9p so happy to sit on my hands and see how this plays out and can hope the great RNS on the 29th is the start of the sp recovery medium term.

Well regardless of negative and positive posts on here regarding decline and production hours the situation and outlook for angs has significantly improved following the march 29th RNS. Another boost next week on brockham will help

I thought the restricted hours was for oil tankers on the road, there is nothing to say the well can�t produce 24/7. Should be more of an sp kick next week on the increased flow rates at brockham

Still think the sp reaction was muted. Deserved a bigger rise from 0bopd 2 weeks ago

I take the point they own 60% of Lidsey. Still think it�s worth more than 8p a share

From the RNS The three wells in continuous production have an aggregate flow rate of 212bopd. A natural decline of the production rates is expected over time. Flow rates from the Lidsey Oil field are currently 191bopd, a three-fold increase over its initial flow rates as reported in the Company's RNS, 17 November 2017 for both Lidsey wells. Brockham Oil Field has resumed production at 21 bopd. The Company expects this flow rate to increase to roughly 35 bopd within approximately 7 days, once initial water slugging has stopped. The Company will also resume routine exportation of all production this quarter. So 212 bopd and likely increase next week. So,where does,it say just 100bopd

212 bopd with Brockham flow rate to increase next week and initial increase at linsey. Don’t remember anyone saying should be 30p now. Should be 12-13p fair value

I think the next RNS on increased flow rate at Brockham sometime next week will be a catalyst for so growth

Will The SP of Angus find better value next week, should do early teens with a positive RNS about increased flow rates at brockham and more news on Lindsey, hopefully an increase there or at the least stable flow. It should increase the price. Ant believe the sp rise on last weeks RNS has been so muted and honest

Of Tuesday gains now. Market needs more positive news from the company.

Just poor sentiment I would guess. I woildnof thought the RNS on Brockham increase in production next week should kick start this up to the teens

Certainly 3 or 4 bed and isas going through. Maybe induced some To panic sell

Why the drop today

I agree. I would imagine most sellers at this point would have sold over the last 2 days. Some nice buys today especially this morning

Surely this has got to rise above 10p in the next few sessions, presumably on the RNS on improved rates at brockham

At lest it is creeping up slowly. 8.625p finish??

Thanks Alan. I agree it should be higher. I spiked myself 100k at 9.42 on Tuesday but bought some more at 8.5p yesterday so average is just over 9p. Can see me holding these for a while

Alan. Thanks for that. Would you say at 8.5p the sp I fair value. I think it’s undervalued and should be 13-15p

So why did the sp hit 38p last year without Lindsay and Brockham I know it was HH sentiment and ukog price rising to 10p. With much better fundamentals now and strong cash balance now we are producing over 200 barrels a day, surely we should be moving back towards 30p given there are 33 million extra shares now?