Member Info for imac1

Ok so Bergen cleared, Placing Done and Equipment now arriving anything else anyone wants to try to talk down before we get going and start procducing and dont bore me with the length of production licenses *******s..!!!!

Here here we’ll said Captain

New price example with Shares updated and shows how little today’s raise makes in the grand scheme of things. Take Oil price at $70 - $25 operating costs = $45 $45 x 2,500bopd = $125,000 per day x Angus 65% controlling interest = $73,125 per day So in 1 month Angus will have $73,125 x 30 = $2,081,250 UKOG (actually Angus did it for them) flow tested their deviated well in both the Upper and Lower Kimmeridge back in 2016 Upper Kim perforated 88ft observing 901bopd Lower Kim perforated 80ft observing 464bopd So they perforated 168ft and observed 1,365bopd Angus are perforating 200m or 656ft of Kimmeridge. That is almost 4 times what UKOG did. So at 2500bopd the figures above are not even 2 times UKOG figures. Taking VONKs lower end estimate of value per 100bopd of £25M we get 2500bopd / 100 = 25. Mkt Cap estimate £25M x 25 = £625M with no Debt...!!!! New Shares in issue approx 404M £625M / 404 = £1.54 .!!!! Undervalued would be an understatement....!!! And that’s from one well imagine 2/3 wells even at 1000 bopd we are talking in excess of £1.50 comfortably never mind the potential for 2/3 at 2500 bopd each the mind boggles .......

If Brockham is a gusher not long until we all find out good luck everyone.

Of the bigger prize these small movements mean nothing 1p here 1p there. The figures below should stand strong in people’s vision of where ANGS is going...!!!! Oil price $70 - $25 operating costs = $45 $45 x 2,500bopd = $125,000 per day x Angus 65% controlling interest = $73,125 per day So in 1 month Angus will have $73,125 x 30 = $2,081,250 = NO placement required. UKOG (actually Angus did it for them) flow tested their deviated well in both the Upper and Lower Kimmeridge back in 2016 Upper Kim perforated 88ft observing 901bopd Lower Kim perforated 80ft observing 464bopd So they perforated 168ft and observed 1,365bopd Angus are perforating 200m or 656ft of Kimmeridge. That is almost 4 times what UKOG did. So at 2500bopd the figures above are not even 2 times UKOG figures. Taking VONKs lower end estimate of value per 100bopd of £25M we get 2500bopd / 100 = 25. Mkt Cap estimate £25M x 25 = £625M with no Debt...!!!! Shares in issue approx 381M £625M / 381 = £1.64 .!!!! Undervalued would be an understatement....!!!!!!!!!!!!!!! And that’s from one well.!!!!!!!!

Speaking of hidden agendas no one want to discuss the figures??? Just random rubbish that doesn’t pin the fundamentals..!!!

Below Taken from a few investors posts a modified to give an overall picture with a few additions. Oil price $70 - $25 operating costs = $45 $45 x 2,500bopd = $125,000 per day x Angus 65% controlling interest = $73,125 per day So in 1 month Angus will have $73,125 x 30 = $2,081,250 = NO placement required. UKOG (actually Angus did it for them) flow tested their deviated well in both the Upper and Lower Kimmeridge back in 2016 Upper Kim perforated 88ft observing 901bopd Lower Kim perforated 80ft observing 464bopd So they perforated 168ft and observed 1,365bopd Angus are perforating 200m or 656ft of Kimmeridge. That is almost 4 times what UKOG did. So at 2500bopd the figures above are not even 2 times UKOG figures. Taking VONKs lower end estimate of value per 100bopd of £25M we get 2500bopd / 100 = 25. Mkt Cap estimate £25M x 25 = £625M with no Debt...!!!! Shares in issue approx 381M £625M / 381 = £1.64 .!!!! Undervalued would be an understatement....!!!!!!!!!!!!!!! And that’s from one well.!!!!!!!!

Oil price $70 - $25 operating costs = $45 $45 x 2,500bopd = $125,000 per day x Angus 65% controlling interest = $73,125 per day So in 1 month Angus will have $73,125 x 30 = $2,081,250 = NO placement required. UKOG (actually Angus did it for them) flow tested their deviated well in both the Upper and Lower Kimmeridge back in 2016 Upper Kim perforated 88ft observing 901bopd Lower Kim perforated 80ft observing 464bopd So they perforated 168ft and observed 1,365bopd Angus are perforating 200m or 656ft of Kimmeridge. That is almost 4 times what UKOG did. So at 2500bopd the figures above are not even 2 times UKOG figures. Taking VONKs lower end estimate of value per 100bopd of £25M we get 2500bopd / 100 = 25. Mkt Cap estimate £25M x 25 = £625M with no Debt...!!!! Shares in issue approx 381M £625M / 381 = £1.64 .!!!! Undervalued would be an understatement....!!!!!!!!!!!!!!! And that’s from one well.!!!!!!!!

Blue and close above 16p...!!!

So my prediction of 15p came as anticipated next move coming is 19p by close of play Friday and a spike upto 22p during Monday’s trading. Good Luck to All...!!!

Easily no doubt about it

Yes we have now buys at 14.25p moving fast ..!!!

15p today will be hot then onto 20p without much holding it back...!!!

There we go 14p paid and buying pressure is strong like I said 15p is on the cards... Bergen out and Oil production just around the corner..!!!

Here we go 15p coming up... Bergen out + flow test and production imminent..!!!

Here we go this is the sudden move I was talking about yesterday. 15p next stop..!!!

More like 50p if Brockham flows well. However 25p is a very conservative figure and keeps expectations in check.

Not out the realms of possibility If the first well at Brockham produces strong then its game on for a SP in the £sss

I make it in excess of £3 if such a scenario plays out... or a 25 bag from current levels..!!!

But what happens if all 3 wells at Brockham produce a combined 5000 bopd or more over the next few years. Surely we are looking at a company potentially valued in the £ further down the line...!!!