Member Info for ivans

did someone ask Lucan, whether ANGS will issue RNS confirming how much $$ revenue we have received in Q3?

actually DKE still have much higher to go - 0.6p so, i would say DKE is the next DKE.

however, for those looking to diversify elsewhere, below will have strong potential very soon:

BIH - similar to DKE, tiny mcap

ANGS - gas production started for UK onshore. down due to short terms traders jumping around, but over time should be going multibag

EOG - too undervalue comparing to EDR and UJO based on their oil production revenue.

despite has risen 200%, mcap still tiny, well below 1m
RTO expected.
happy to continue holding for larger rewards

both EOG and I3E down, but EOG down massively today 40%.

got the feeling EOG will rise up rapidly as their revenue from Wressle alone worth double mcap. now EOG only 12m and yet, EDR which has same % holding in Wressle already at 30m mcap

will also buying I3E tomorrow as revenue increasing here

thank you for panic sellers. EOG is the cheapest of all Wressle now.

EOG has loan 1m with UJO, which i believe will be paid back next few days or week, since they are not using them and they actually made saving 5m from the drilling cost (ie they spent less than budgeted since they did not do wireline. they also have other cash from Wressle revenue.

putting that aside, at current mcap i can see EOG will have significant rise next few days after panic sellers gone today. reason being as EOG mcap is way below the equivalent of EDR with the same stake in Wressle (30%) and also below UJO if we prorata the % stake.

EOG mcap only around 12m now.

is our cash balance only 5m? what about those revenue from Wressle?

BGF Investment still have around 5%. i suspect they are dumping this all this week? if so, will sp drop lower?

ORCP tiny mcap.

massive projects

backed by wealthy Sheikh

news due imho

unfortunate that we hit duster. i lost some too. now am focusing on ANGS which just started gas production and also ORCP with tiny mcap and about to announce massive projects. also has other players i am in as well.

nevertheless, EOG has been oversold and hopefully recover from here

Will we get RNS confirming how much revenue we have been paid in Q3 ?

is chris aker still investor in GUN?

why are we still talking about placing. yes, ANGS may or maynot do, but they wont do that in the near future. logic will tell, if they need cash, they will not be starting to pay off debt. the fact that they are paying debt now, means cashflow is good and all short terms activities are fully funded.

sp will be beyond 10p before any placing is done, if anything to go by.

how soon can they see oil show? just wondering whether they already seeing that already

maybe they already see oil show? or when is the earliest they can see that?

time to buy back in for those already sold.

new director is expert in M&A. i doubt its for ANGS to buy other assets (could be). but more likely to be key person to negotiate when other party (say Shell/BP) wants to do JV or even buy some % of our assets. this will ensure ANGS will get the most value from the assets .

i will take if anybody wants to buy ANGS assets such that we are valued at 10p or higher

have BOD came to solution? will be devastating if SOU has to do massive placing for that

i know IIs are still exiting. but why they are exiting? dont think due to placing as we have 4m cash still. or am i wrong?

why?
- our mcap is low, even on Wressle alone
- oil price will continue rising - watch for Opec
- success or not on Serenity, we will get tax rebate for the cost we incurred. thats massive plus!
- on success on serenity, this will be 10p plus or higher. on not success, i doubt we will drift much lower as nothing much has been priced in. mcap should be higher even on Wressle alone
- this was 3p not so long ago. seller/warrant will finish soon
- low risk, very high reward