Member Info for Jamesthesecond

Pictures of equipment arriving and EA permission should be a huge boost.

shocking to see sales when it should be the other way around considering the updates. may be EA will be the trigger. Gas is accumulating in the reservoirs and it will flow better than expected.

EA approval should be within 13 weeks which is 6th December 2021.

Very bullish response about production. surely a major tick up coming .

unbelievable this is being sold at 1 pence when you could sell at 1.02 ,without such positive news , a few days ago. this is the time to buy /accumulate.

his should be closer to 1.50 pence then 1 pence. may be later in the afternoon as people digest the news.

should be moving up sharply. Increased value , timeline still Feb 2021 plus gas prices much higher than 64 pence. About 4 times. thats £100 million at current prices. Even if gas is around 120 the value is around £50 million .

A broker will play his book. If Angus delivers as promised that stock will disappear in minutes.

everyone is waiting for EA permission which could be anytime.

Its mind boggling to see the SP at 1 pence considering how advanced we are and where the gas prices are.

Mirasol-spot on

Tr1 is required for every 1% movement (around 10 million shares and NO TR1 is required from K for selling some 3.5 million shares from their existing stock holding.

Nothing strange. Just some forward selling. K are getting 11 million odd shares which probably covers interest due and extension fees etc. They are significant shareholder and dont need to wait for shares to be issued. They are selling enough to get the income in without diluting themselves % wise.

there is something definitely happening. leak? MM are bidding .97

Lidsey was already paid for pre funding. EA permission should be with in 3 weeks after consultation ended on 6th this month. local council has normally 3 weeks to review ( considering almost zero objections) data and grant permit. Coincidentally, EA permission, equipment landing, ground works etc all set to take off end of this month and the SP may get a rocket under its belt. For a pleasant change the company and its shareholders should be witnessing a steady rise as gas should not be facing any uncertainty and path ahead is very clear. A placing at 3 pence sometime in January 2022 , ahead of production to pay for lidsey and convertible is very tolerable compared to something premature at 1 pence.
The Q is will GL & crew act in the best interests of the shareholders or for their benefit?

Yanis-excellent Q

I agree entirely. The loan funding would include all matters that bring the gas project to fruition, which includes costs of all permits, equipment and general overheads

I have no objection to keeping options open. One just wants to know what they are up to? and what are they doing? Activity on the ground soonish is also not good enough. How about on such and such date. simple transparency goes a long way. Every business ahs a work plan . Angus is an exception. They only have a placing plan!!!!

Ocelot- The share is undervalued as the market does not trust Angus BOD to deliver in a timely manner as per their past track record. EA permit should be sooner than the standard 13 weeks as its an existing site, very little on public concern, and with all other local council permissions granted and Q & A of EA already dealt with. EA permission should not delay/stop all other work at the gas site . BOD silence on side track and general progress is not very encouraging. We should be in a phase where a clear timeline should be mapped out and progress reported on a weekly basis via RNS. the standard BS of waiting for this and that to happen will simply not wash. Hence the undervalue and market ignoring 6 times higher gas prices.

we will be testing 1 p soon. considering we are the business end of things we should be well above 1 pence level. EA permission should be imminent. Hopefully with EA permission angus can confirm that gas in February will remain the target. AND hopefully, there is no bleeding placing along the way as I would like to see the warrants to come into play.