Member Info for Ja51

BB2
No way in the world this is going to be fast-tracked! They will take the maximum allowed as they always do and possibly longer as we have Xmas. It will then go to a committee who will no doubt also take as long as they need to visit site etc thoroughly read the extensive report the planning officer will have compiled...........WHY TAKE A LOOK AT THIS?

https://drillordrop.com/balcombe-west-sussex/

Not quite putting up a garden shed or fence (which took me longer than 13 weeks incidentally)

So it then goes to the planning committee.
They meet on 7th Jan, 29th Jan, 4th Feb, 25th Feb, and 24th March

https://westsussex.moderngov.co.uk/mgCalendarAgendaView.aspx?XXR=0&M=1&DD=2020&ACT=Go&WN=35

Yea I'm sure he will be full of optimism that there were only 4 others there!!....lol

Well add another £80,000 to that and you could pay the Directors wages!! and that's without there benefits in kind!!
The lease, payments to the government for the license and the 2 guys who work there will be more than £160,000!! Then add transport costs and disposing of the water cut and you're far from in profit and its the only "asset" they have that is producing.

June production figures
13.70 OIL BOED
4.33 WATER BOED
https://data-ogauthority.opendata.arcgis.com/pages/production

And they say Lidsey is making a profit Torreaguas?? If this was in someones back yard in Texas this would not be making money!!.............. Makes you wonder if the rest of what they told you was legit???

I just liked his discription of you!! lol
Last night the disgraced dirty tricks specialist PR man Tim Thompson orgnaised a ramptiastic investor evening giving his client Angus Energy (ANGS), run by Lucky Lord Lucan, the chance to meet Bulletin Board Morons. What happened next is bonkers.

https://www.*************.com/views/45069/what-on-earth-is-lord-lucan-smoking-at-angus-energy

https://drillordrop.com/2019/09/26/angus-gives-notice-of-balcombe-test-plans/

Ok Ocelot
It's a fair cop!! Got the wrong year/loan. Apologies.

24. Convertible loan note



On 25 April 2018, the Company issued an interest free unsecured convertible loan note for a nominal value of £3.39million with maturity period of 2 years.



As described in note 17, the loan note was subsequently converted into 74,909,000 shares of the Company and the loan notes cancelled.

Keep reading!

They do not have the £1,5 from riverfort, This is covered in the full year accounts from earlier this year!
They Lost £2.8 Million last year with fewer assets and staff and the OGA require them to be funded and proof of funding moving forward.
Please see the latest OGA regulations.
https://www.ogauthority.co.uk/media/5003/financial-guidance-august-2018.pdf

I have said before dilution on or around Brexit day and I'm sticking to that date.

So 13 weeks at least for it to go to the planning committee.
They meet on 7th Jan,29th Jan, 4th Feb,25th Feb, and 24th March. With Chrismas in between and historical inevitable delays, I would suggest the Feb meetings are most likely.
Then add booking the equipment and getting the other permissions from the relevant authorities and the earliest start is Q2 next year.

13 The next CLG meeting will be 4/6 weeks after the Planning Application has gone in. The process takes c13 weeks. Once the application is submitted it is not relevant for WSCC to attend CLGs. The CLG can address questions that come up from residents from the application process. BPC will have a line of communication with WSCC to comment and discuss issues. The WSCC Planner will make recommendations to the Planning Committee but they will make the decision.

https://balcombeparishcouncil.files.wordpress.com/2019/08/angus-energy-clg-notes-28-aug-19.pdf
https://westsussex.moderngov.co.uk/mgCalendarAgendaView.aspx?XXR=0&M=1&DD=2020&ACT=Go&WN=35

https://westsussex.moderngov.co.uk/mgCalendarAgendaView.aspx?XXR=0&M=1&DD=2020&ACT=Go&WN=35

But for those who understand the fundermantalls, it makes perfect sense!

Your just making yourself look stupid Alan!

Erm.......................Again, Alan, you say.

- "actually you started posting just after Brockham was drilled....strange that?!?"

That would have been pretty difficult as I didn't even sign up to LSE until July 17 which is Seven months after that date!!
As WL1516 has said why are you and others on here so keen to discredit me still? You still have the nerve to call me a Troll despite the fact that I have been proven correct in pretty much all my posts and you now apparently hold the same opinions as myself?
Man up and admit you've been wrong and apologise to those your "EXPERTISE" has cost deer with your 1000plus BOI ramping and your sustained attacks on anyone who dares to disagree with you!!

But you wont............people are catching on to you now and I would suggest it is you who has turned into the TROLL.

"I burn 2,500 ltrs of domestic heating oil a year"
Blimey, that's 2 days average production for Angus!

Erm ..............that's not quite true is it Alan?
My very first post was ironically titled" Genious or suicide" It was after the Balcombe purchase and I was actually quite positive believing at the time that information was shared between Angus and UKOG.
UKOG, where drilling at BB at the time and wrongly assumed Mr Vonk had some inside information and that was the reason to do the deal.
To say I was taken aback over the next few days with the abuse I got for even suggesting it could have been a poor decision started alarm bells ringing and the rest is history. Kind of ironic that my first post's title was spot on for Mr Vonk really!
As for "where was JA51 right?" Do you really want me to embarrass you?
I can list them if you wish but it's easier just to look at the share price?

Thanks, gbk47 Understood.
Not sure hed be that bothered though given his/regulators track record thus far!