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Angus said it had revised the capacity for the flare, which meant that larger equipment was needed. The company said:
“The flare must have the capability to manage a flow rate which equals the maximum flow rate of the process facility. This will enable the process facility to depressurise to flare quickly but safely. The previous flare was unable to manage the maximum flow rates of the process facility and subsequently a change in flare design is required for safety reasons.”
Stinky Pete just makes up imo. Complete fairy tales.
Ignores this bit from the RNS.
"This has allowed the Company to take advantage of the very high forward gas prices and contango to lock a higher average forward sale price at no up-front cost to the Company."
Jaffy.
Tygra chooses to ignore what the last RNS said about rolling over the hedge in to next year. Which in itself by doing so is to Angus advantage.
"As a precautionary measure, the Company has worked with its hedge provider to roll a portion of the Q3 2022 hedge into Q1 and Q2 of 2023. This has allowed the Company to take advantage of the very high forward gas prices and contango to lock a higher average forward sale price at no up-front cost to the Company."
RE: Hits23 Aug 2022 11:34
RE: Heid's Departure DateMon 10:58
Im The Parrot @ImTheParrot Replying to @Heid_oil
@pijoe1212 Pete Brailey and @UnionJackOilplc
last time I checked LSE had 38 posts + upon seeing 13 green boxes on my screen I can only assume that they were all yours but fear not about my head in the sand persona as I'm already looking forward 2 your promise of never posting again on LSE if UJO SP isn't a £1 by year end
8:51 pm · 13 May 2022
With thanks to Heid on the UJO board
Stinky Pete give it up. RNS anytime now imo.
This is what Stinky Pete hates LOOOOOOL
This has allowed the Company to take advantage of the very high forward gas prices and contango to lock a higher average forward sale price at no up-front cost to the Company.
Awww Stinky Pete has been hiding most of the day after being exposed.
Thing is Stinky. George pulled of a great deal with the hedger's as well you know. He feked up your negative narrative. Made you look a fool. RNS soon Stinky xx
From the last RNS:
As a precautionary measure, the Company has worked with its hedge provider to roll a portion of the Q3 2022 hedge into Q1 and Q2 of 2023. This has allowed the Company to take advantage of the very high forward gas prices and contango to lock a higher average forward sale price at no up-front cost to the Company.
I've always thought you get the Smelly Pete's and Pizza boys short brigade . Then the losers like HITS WG and the Swampies posting on here. But then you get a few straight talkers like Baits and BV and a few others that are share holders .
And we just tell the truth. And the positives of why we are invested.
Forget the Bull****. George Lucan will prevail and he will very very soon bring on the gas!