Member Info for JohnHenry

SP retreating because realisation of gas early June isnt going to happen therefore missing the unhedged productio

The original panning schedule allowed 21 days for Hydrostatic testing.

they start wet testing over the weekend, if not its looking like 2nd week of June after the Bank holiday for 1st gas bearing no hiccups.

Yanis 10M of those reported late trades was simply spread bet uncrossing

Its a tough old world ANGUS do all the hard work Mercuria will receive all the initial benefit.

Also looking further out if sidetracks are successful, revenue in year 4.

Production also to come from Balcombe and Brockham, more than happy to be invested longterm from these levels.
A few weeks, month is here nor there on the bigger picture.
Imho Geothermal will generate some great projects.
Stay non invested Bottom feeder and maybe concentrate on companies you are invested in.

Huge sellers still remain.

26m buys 26m sells very balanced.

Bottom feeder this is a multi year cash producing asset and your crying about a few weeks.

However if this sidetrack is successful which it should be then ANGS is an absolute cash cow.

Agree MIrasol i cant understand the hedge at 1.75 Therms as without the sidetrack they cant produce that volume.

Average monthly revenue from 3 year hedge is around £550K

shed load more shares in issue sweettango

Headinthesand with a successful sidetrack they expect the loan to be paid off by year end.

The sidetrack if successful will generate S hit loads of revenue.

HeadintheSand 70% of production is hedged however gas from the sidetrack (1.5 million Therms) if successful is not hedged.
Therefore come August all being well 1.05 million therms will be at hedged 43p 1.95Million Therms will be at market price.
At todays price 1800 Hedged will be generate revenue of £451,000 unhedged £3,510,000
Total £3.960,000 rev /month

Worth remembering that PRD /Griffiths have issued 50,000,000 shares in the past 12 Months and still do not have the funds to drill.

Ignore below hedge is downside protection

It’s a shame about the hedge ? 70% of production hedged at 43p for 3 years.