Member Info for Jamesthesecond

For a change there are lots of lumpy BUY trades which are appearing late , rather than placing shares only which are almost dried up.

another 20k buy reported late

So far 18.7 million traded. 8.7 million sold. balance bought.

https://www.barchart.com/stocks/quotes/ANGS.LN/opinion

Meant to say 5 pence minimum target

Since most ,if not all, of the placing stock is extinguished today, we should see significant move upwards today if even 50% of yesterday's trading is repeated.
Gas and oil within weeks. and doubling up production in matter f few months. what's not to like. grossly undervalued. pence should be the minimum target. Its a question of when and not IF.

about 27 million of placing stock gone today. very little left. attack to 1.50 conitnuing

we will be lucky if we produce 100 BOL a day. thats one trip every two days. 200BOPD will be great. anything above a miracle?

the price has been held mainly due to the leaking placing shares. Not many left at all and with this permission we should be going well above 1.50 today.

5-6 pence minimum on SFB valuation alone.

The share price has to be firmly around 2 pence plus for warrants to be exercised. We will get there ,without fail, in the next few weeks if not sooner. Permission regarding Brockham may do the trick .

Gas is being connected and so far everything is going according to the revised plan with target date of 1st June. Because of fundamental change in the commodity price, the valuation of SFB (angus share only) has increased 5 times from CPR values. Its worth a minimum 5 pence per share.
Legacy assets are coming into play. Brockham may add a bit an Lidsey may add a lot more. Brockham may commence simultaneously with SFB depending what happens on the 23.04.22 permission and how far down we are in commencing. Lidsey is a summer job. As soon as revenue streams are established and more added from legacy assets we may see double figures. I will make 5 pence the new base price come 1st June 2022.

Dry commissioning is expected to begin on 26 April with select hydrotesting of key site pipework. This will be augmented with electrical and control tests during early May. Wet commissioning is expected to begin at or around 15 May and is expected to last approximately two weeks. The Company continues to target First Gas by 1 June allowing for one full month of unhedged production.

The above is a fact confirmed in RNS and all the rest is noise.

the 2 serious bidders remaining are only interested in the cash from imminent gas which is a lot of ££££s.

cant buy any

Sound had no money. End of discussion on Sound. Its their supporters who were selling yesterday and kept the price stable despite all buying. Now that they are out upward action can begin. we should cross 1.5 pence barrier soon. There are still 2 parties left who very well know the revenues that Angus is about to generate.

Real bid right now is 1.38- a chunky buy will push this above -Tick up soon.

Bottomfeeder-What a load of trash?

SOU has no money and is buried under tons of old credit commitments. Angus will be generating cash shortly , more than SOU entire CAP , per year. with current gas prices , which will remain elevated for the next few years, even 5 pence is a steal. Some of placing shares are still coming out as people will still have warrants to play with. and the SP is set to rise this month. we should break 2 pence barrier over the coming weeks if not days.

The most conservative of scenarios is that ANGS share of annual profit at £2.50 per therm will come out around £45 million per annum and assuming gas only lasts 4 years and a bit its worth £200 million. That's just 51% of SFB.