Member Info for LockedIn

And even the abusive russell70. Looks like I was 100% correct on Friday, there's your placing.

Didn't quite get to test the .27p area today but still well above the 200dma.

With RHA equity resolution, double whammy RHA/Zulu JV and funding secured RNS on Monday I expect we will open up above .27 and be knocking on .4s door. Have a good weekend all.

@Alan The timing makes sense to me i.e. flow testing is about to kick off so there is a requirement for cash. Either way, let's see what happens. We don't have too long to wait. Atb to you, as christmas approaches let it flow let it flow let it flow.

Neither does LC or Tanz or anyone else for that matter. And that's why we are f*cked.

Flagship project. Absolutely f*cked.

@Degsy, I read his post. Don't believe for a second insti's will be chomping at the bit until consistent profitable flows have been proven at Brockham. There is serious money to be made here WHEN the kimm flows but we need money to get us to that point. That is what many seem to fail to understand. YorkshireLife makes a very good point in the fact that there are weeks/months of work ahead for ANGS and Brockham (and everything else). This needs paid for, simple as.

@Russel70 - Look at the last set of financials, calculate a rough cash burn per month, do some simple arithmetic - hey presto!

Degsy I think you are misunderstanding what he is saying. If this placing does not go through then ANGS will be under even more pressure financially and forced into entering ANOTHER death spiral type financing.

It's all good and well saying ANGS can raise post-flow testing but where are they getting the cash to actually fund the flow testing? Its not unreasonable to conclude ANGS are running very low on cash and let's not forget they have raised before (6p!) to "defray operational" costs.

Starred word is "sh are pro phets" without the spaces...

https://guerillainvesting.co.uk/2018/11/02/angus-energy-placing-ahoy-a-cautionary-tale-of-how-*************-got-suckered/

Building nicely for the big one. Would love to see us test the 0.27 range from start of 2018 prior to RNS landing. Charts now showing strong buy here.

Folks. Set your alarms for 7am tomorrow.

Start-up costs covered. Increasing APT price. Historic tailings. Results from recent drill campaign. Increased throughput. Higher grades. Greater recoveries. Possible open pit.

Your 1.5year estimate is SLIGHTLY wide of the mark.

Enough funds at company level to see us through to Dec.
JV imminent... expect funds upfront some of which can be used at the company level
Only 2bil shares to issue, a £2mil raise would use up almost half of that - unlikely
No need for substantial raise if JV partners funding projects going forward
ARCM shares to sell
Circum liquidity event may actually, for the first time in 3 years, be imminent.

Broken through the 200dma, hopefully flip this to support at .185p. Next up targeting .27p, next news could see us rocket through that.

Monumental news for this share. Stagnated for almost a year now. RHA resolution within 48 hours, hopefully a JV announcement along with it. That'd mean RHA is cashed up all the way back to profitable production (assuming its only an RHA JV and not a joint Zulu/RHA deal). Market definitely still skeptical but I can see a classic triple digit move if the right news falls on Monday. It's been a long time coming!

You don't think having an impaired asset coming back on the books will have a positive impact on mcap?

PREM don't have the luxury to hold onto the stake, which would likely be diluted over time. A cash injection into PREM of at least the current MCAP is game changing for us. Sell it, take the profit and move on.

.2's this afternoon?

Scooping up plenty of these early christmas presents! Easy bag by January

LOL love the description ThumbsUp :) Charts are a very powerful tool.... a bit like myself! Spend the time to learn the basics... you'd be surprised what you can predict with a few lines drawn here and there...