Member Info for JohnHenry

TR1 hopefully soon.

How do you suppose they fix the SP when the Market/investors set the share price.

£50 Million is the effective P90 value using 65p Gas price.

IMHO some of the new 91 Million shares where forward sold Friday and yesterday given the large volumes.
Any selling of these shares should be cleared with in a few days and ANGS can rerate.

Agreed the MKT CAP of the company will never reflect the considerable value in LND assets, however the disconnect is simply crazy at £24M MKTCAP.

Nicetomichu its also noting that Hudleston has sold around 13% of the company plus warrants over the past 12 months.
A huge amount of selling to churn through.

Gas sales is now 100% ANGS.
£14M looks a good deal for 49% of Saltfleetby

sorry figures incorrect

Headinthesand do the maths 1st gas should produce 5 M Therms per month.
July Aug Sept 1.25 M is hedged 3.75M is unhedged.
However we this deal all the 3.75M unhedged is owned by ANGS

To be funded in the main by existing cash, outstanding warrants and sale income (Lithoquest etc).

They may require £500k -£1M sometime during 2023 however shouldnt be an issue 3-5M shares at 20p

There should be rising trend support around 20.75p

I dont see this news creating anymore interest in the company. But its good to see the funding sorted.

Imho i can see a share buyback programme during 2023-24

Very very good deal, excellent news.
Has completed lifted any negative issues regarding the hedge supply going forward.

If all the warrants are exercised then they will have enough funds. As the majority are owned by Sprott, directors and supportive investors then it’s pretty nailed on they will exercised

My guess is they have been offloading into volume, probably since Sound withdraw.

There is evidently a couple of major shareholders getting out, Jersey have declared, more to come ????? Why ???

Read the B loody RNS Date of Threshhold 19th May THURSDAY

I dont think so, Jersey cleared Thursday and as can be seen from Friday and today theres still a sizable seller.

How will the SP recover to 25p if the market knows theres a placing around the corner.
Aint goner happen will be range bound around 8-10p until a placing is done.