Member Info for Jamesthesecond

My post of 2nd May 2020

Expected RNS
Saltfleetby Redevelopment: Planning and Permitting
The first relates to updating current use of the site to incorporate on-site gas processing and Angus expects to file this application within the coming week-Already done
The second application relates to the 750 metre extension of the pipeline to the National Grid Terminal be end of May.
Saltfleetby Redevelopment: Procurement and Offtake
Finally, the Company expects to complete an off-take agreement with one of the larger gas wholesale operators during May.

The Company will upload certain visual aides to the planning and procurement process onto its website on Monday 4th May after 4 p.m. to assist attendees in formulating questions at its forthcoming conference call.-Already done
Brockham
the Company has requested enhanced pre-application service and consequentially expects to have discussions of the same with the Environment Agency in the coming weeks
Balcombe
By mid June at latest The revised application will propose a shorter duration of test period together with stronger arguments regarding national and local socio-economic benefits, and some additional environmental enhancement measures but will represent no additional cost to shareholders. In the opinion of the Company, the additional delay is of little consequence given the present oil price which we see as remaining problematic through the summer.
By September we do have some expectation of being able to obtain planning and complete works on that stage during September. Production late December
As at 30 September 2019, the Group retained a 65% in Brockham field, 80% interest in Lidsey field, 25% in the Balcombe field where the Group is the operator of all 3 fields and 51% share in Saltfleetby Energy Limited. The Group also retained a 12.5% interest in the A24 field. The Group had cash balance of £3.419m at the end of reporting year.

Saltfleet is worth anything between £17.6 million -£36.5 million equating to minimum 2.9p-6p.
We have adequate financial resources to deliver.

basically, you are saying the same thing that ocelot said-new generation of investors. fair assessment both of you.

i might even top up.

it has been a day of scrappy buying. The price is certainly holding . interest should become intense as we get closer to news. Next week will be very interesting and we should break 1p ahead of the news.

Alan, its patently obvious that you are deliberately misleading. The year now is 2020.
5th March 2020 annual accounts The Group had a cash balance of £3.419m as at 30 September 2019 subsequent to the significant cash movements described during the reporting period. https://www.lse.co.uk/rns/ANGS/annual-report-and-accounts-and-notice-of-agm-iwxzkqtirfqw94g.html

Add another 1 million raised in October 2019 (via riverfort)
Add 200k recovered from past director In January 2020
and then add 1.150 million (net) on April 2020.
Can you add up? Just go back to your hole in 2017 and 2018. This is 2020

since you are looking at CVs and everything else, look at year end accounts, cash in hand and then add all the fresh capital raised since that date. Its easy to add up.

placing is not permitted below 1p as per latest convertible loan. And there is £4 million in the bank-adequate funding to pay for gas development and perform the repair jobs on oil assets. As spring takes form, all sorts of flies come on to fruit trees . It is an infestation. Angus, is getting infested by these fly species.

everyone is encouraging the nutter by engaging with him. is alan a shareholder? the share prophet is obsessed with angus.

We need a nutter poster to state "train leaving the station, get your tickets etc" to counter Alan. Both sorts of posters are irritating to put it mildly.

full ask getting paid. another tick up coming

just paid 0.79. its disgusting.

how did you manage?

still cant buy any. WTF is going on? MM switched off the offer.

I already diverted some AEX funds here. but could not buy any here Friday. Still a million left in AEX but I am in very good price there. 5-6 p is very realistic on saltfleetby alone. There may be other pleasant surprises on the oil front too.

Unbelievable that there was no trade since afternoon. The market maker simply refused to let anyone buy and the selling stopped. news must be imminent .perhaps there is a leak!!!! have a good weekend everyone. GLA

just tried a fill or kill order @0.77 and still failed.

can only buy 100 shares. what a joke

probably because cant buy any. not even 100 quid.

yep- very rarely seen 1 million plus buys here. expected to see lot more. guess market size is small

chunky 1 million buy at full ask. not seen for long here.