Member Info for irishmouse

Here is the link, it’s the most encouraging piece of news we have had in a long time.

https://find-and-update.company-information.service.gov.uk/company/04140379

The appointment of Paul Forrest was lodged at company house last night.

Mr. Paul Forrest (SEL) was appointed a director of AAOG today. Rather strange Mr. Watson.

Paul Forrest joined the board of directors of AAOG , announced after hours this evening.

FORREST, Paul

Correspondence address
27/28, Eastcastle Street, London, W1W 8DH
Role ACTIVE
Director
Date of birth
September 1969
Appointed on
1 February 2022
Nationality
British
Country of residence
England
Occupation
Finance Director

Sorry loft (ha ha) should read Oofy

Loft, I don’t think for one minute that SEL are looking to take over Angus, Paul Forrest has neither the cash or expertise to do that. If someone else buy out Angus it could put SEL in a very strong position and then we could be part of it. I could be totally wrong, let’s wait and see.

Angus have apparently five active bidders and only declared Sound Energy as one of them, the others for some reason remain anonymous. If they do sell their 49% stake it would make sense for Paul forest to transfer into AAOG which would require raising £8million in shares and £1 million in cash. Our shares would start trading again and hopefully we could have part of an asset worth having.

Looking into this further the more confusing it becomes, in some situations the tax relief is one year and in others it is indefinitely hence I can’t answer your question with any accuracy.

Can anyone else help ?

PJOHN.

As I am no tax expert I will except any qualified criticism but it looks like we can carry over our tax losses within the same business sector for 3 years.
Companies that cease to trade additionally have access to Terminal Loss relief (section 39 CTA10) which allows unlimited carry back of trading losses of the final accounting period to set off against profits of the previous 3 years (provided that the company was carrying on the trade in the accounting period or period(s) which fall in that 3-year period). Where an accounting period straddles the 3-year period, the profit is apportioned and loss can only be set off against profit falling within the 3-year period.

Firstly just wanted to say how sorry I was to hear of the death of Meatloaf, he was part of my youth and even to this day his music can boost you up even on the most depressing day , may he Rest In Peace.

Back to the subject.
My wish list would be a large player with cash and the technical ability buy out Angus and Forum and AAOG join up,realist and start trading.

If a company like Sound Energy take over Angus I would be happy to remain a shell until something better comes along. Just my thoughts.

Oofy, maybe some Russian roubles will come in to refinance the loan and give the time needed.

Sounds offer is a non starter, but no other offers have been declared are there any ?

Oofy would he be raising cash for some reason ? Would he be trying to depress the Angus share price for some reason ? Is Angus the golden goose we thought it may be ?
Answers on a post card please.

He is still selling over at Angus, I wonder why .

Oofy, looks like your P&D, what is going on?

He’s a bit like the Scarlet Pimpernel is our Paul Forrest.

Oofy no I wouldn’t, that’s my point.

Unless someone can get out of the hedge in it’s present terms I can’t see anyone buying out Angus unless zenith take it (:-)

The bait is on the hook now, let’s wait and see.