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rather than speculating about the size of the prize in cameroon lets get the business going there. ASAP
interests of JA and shareholders are aligned. That can only bode well
https://www.barchart.com/stocks/quotes/TRP.LN/opinion
technical indicators
meanwhile all technical indicators are positive
https://www.barchart.com/stocks/quotes/ANGS.LN/opinion
meanwhile questions answered. http://www.angusenergy.co.uk/media/investor-questions/
we will have news on Lidsey within 2 weeks
FRS does not permit potential upside . Deferred tax asset can only be realised once production starts. similarly increase in resource can only be accounted for when realised. Whereas any revision downwards must be accounted for on occurrence.
the relevance of focus on Namibia is that some major farms in. Until then its all a pie in the sky. the data is good. we need to achieve cameroon to proceed elsewhere.
banks are desperate to lend against quality book. I think there will be mixture once SP is a lot higher .
September should result in a big re-rate as work begins to comes to fruition on all fronts. the AAAG members have been comprehensively defeated by the BOD on the work programme and quality of agreements . Now they are promoting potential placing as a scare. the SP will travel a lot NORTH before any of that happens as company is adequately funded. I will dare to speculate that generation of revenue from Brockham and Lidsey is a few weeks away.
Sir Bob is taking the pi**. 10K per RNS LMAO.
so far increase in value is all based on internal valuations and consequently artificial. having said that ,it is a matter of time when one of the businesses gathers traction and a deal is done. that would be a few months away. its all about the size and the value of the deal which may be enormous causing an equal rise in share price. Patience is the key. there is no rush to buy currently. But it is a must have share.
TRP is required to commence operations at Cameroon 1st well. the money in escrow is for 2nd and 3rd well. why would someone block their money when operations have not commenced. hopefully covid19 situation has improved considerably in Cameroon and operations can commence .commencement of operations will unleash all the funding. all IMHO
good assessment- couple more weeks
very strong performance by GL and its inevitable that this will be reflected in the share price.
I reckon brockham will be producing in October on the assumption that EA approves and everything (equipment wise etc) is all ready.
you can only expect trash from any member of AAAG. any revenue is good. lets see what pans out. EA wont take long to come back. Normally govt departments respond with in 30 days. with all the pre application consultation it may be sooner.
does anyone know what was being produced from portland @ brocham or any guess. ditto question for lidsey
excellent summary J2nd
what on earth these 1 share trades
very close to tick up.