Member Info for Jamesthesecond

Angus is always late except for issuing confetti

Whats new. It consistent with past performance

Another sinful loss to shareholders. Price brought to its knees and confetti sprayed by the usual suspects . the only person who has made money is PF with full assistance of the BOD . dare i say as predicted!

BP= I strongly disagree that GL is gone and all is well. He installed the current like minded management to white wash his sins and deploy same methods to rip off the company.

The compressor should be operational shortly and if BOD intend to be responsible and honest, creditors due at the end of June can be paid off from additional revenue generated . Instead the BOD will enter into exorbitant rip off financial arrangements to steal the profit from the company for the exclusive benefit of funders. The drill can be delayed to bank further revenues. The priority of the BOD is nick all cash , in concert with related parties, for their benefit. And ofcourse confetti is always the option to fund their wages.

IF the bOD decide to use revenues to pay down debt, the SP will be 1 pence. They prefer to destroy shareholder value and lose a few million a year in finance charges and so on. The SP is going no where but South.

The BOD have made a mess of everything and that's all down to shenanigans . The legacy payments never end. Another £3 million of confetti imminent with huge charges. Every year £4 odd million leaks the company in finance charges and confetti is never ending.

There is nothing to like. More confetti on the horizon as predicted as no CASH to pay labilities due . More exorbitant finance costs ,almost free shares thanks to all the shenanigans .DanielM89 was stating a pile of cash which has disappeared!!!!

Cash is low-payments are due. profits wiped out. The milking goes on through exorbitant finance charges etc.

BP- the world is not flat but Angus SP and performance IS.

One wonders that the production is up and down by Design to facilitate confetti or sheer bad luck.

The last few quarters have not been paid.

Under existing arrangements and calculation methods the Company is required to issue 183,595,230 shares (or cash equivalent) in aggregate in settlement of the Q2 and Q3 2024 royalty interest. Angus intends to negotiate the timing of the settlement with the royalty interest holders and will provide an update accordingly.

Ignoring the elephant in the room will not sort out the trust deficit. As per your earlier claim the company HAS NOT PAID the royalties in cash for various quarters . Unfortunately , OLD HABITS DIE HARD. Your reckoning is mere wishful speculation and contrary to past track record of the BOD and its recent RNS. Let the bod clarify without delay and where is all the cash going?

FRom RNS 16.01.25

Royalty Interest

As announced on 22 February 2024 at the time of Angus's financial restructuring, there is an agreement with the royalty interest holders that until the end of the Second Quarter 2025, the royalty interest can either be settled in cash or through the issue of new ordinary shares in the Company at the Company's option. Under existing arrangements and calculation methods the Company is required to issue 183,595,230 shares (or cash equivalent) in aggregate in settlement of the Q2 and Q3 2024 royalty interest. Angus intends to negotiate the timing of the settlement with the royalty interest holders and will provide an update accordingly.

Gas prices are not in the control of BOD. Confetti is !!! The trust deficit is the sole cause why SP is going nowhere fast.

Still over 15 million at above 1.20

Slight firmness in the SP and in comes PF with his dumping with infinite supply of confetti from the company!

Danielm89- All you say is true except NEW BOD SAME OLD DIRECTION. Trust deficit remains .

Of course its PF dumping regularly and he has a habit of not disclosing transactions.

What the BOD should do is pay all royalties/etc in cash as the company has the cash and more cash will be generated with the new compressor . A few million pounds will kill off this debt . However, as per past track record, the company will incur exorbitant charges in rearranging that small debt, issue heaps of confetti and thus give fraudulent preference to creditors at the sole expense of shareholders. This trust deficit is never ending and hence poor SP performance.

PF has been dumping and will continue to sum as the BOD will supply him with more confetti. all the cash in the company keeps getting diverted away from shareholders through dilution. Hence the current SP.

ON fundamentals and current gas prices , we should be over 1 pence. BOD and PF are making sure that it wont happen.

Angus is a very good case when it comes to financial fundamentals. Unfortunately, there is huge trust deficit.

Regrettably there is a consistent seller at 0.3 (probably PF) who knows he will get back the shares cheaply in a placing!