Member Info for MPO818

Sorry to mislead - forgot to mention the WARRANTS look that one up.

CHUNKY BUYS - SOMEWHAT OF A JOKE!!

Before todays placing (and the next one) there are over 7.2 billion shares in issue.

WELL IT TOOK HIM LESS THAN 24 HOURS

Over the moon getting the dewatering licence and seeing a 70%+ rise in the sp. Holders beware he will now grab the opportunity to get the money to finance the operation and that news will not be far away - Having sold out 150% higher I will watch with interest as George creams holders again. No (meaningful/commercial) gold has been found in the last 4 years and that will continue - so beware.

Independence Day in US - markets closed

Me to DU I always read your output with great interest so please continue no matter the length.

A point raised in the past by posters has been the lack of any comment from NEO both at the time of the FO and in any of the subsequent updates. Could that be due to them having agreed to take their interest up to 87.5% should the need arise.

These have all issued updated notes this morning. Without fail Malcy will comment (probably) later today, just wonder if he will stick to his tenner target. The chap at the IC may also weigh in with his thoughts. With 5 (analysts/ journalists) covering the company in such a positive manner, one would expect a "through the roof" reaction in the share price.

I will go so far as to predict this may well come between 20/9/23 and 5/11/23 - WHY!

I will be in the middle of the ocean, somewhere between Vancouver and Singapore and unable to react to the news, JOG was supposed to pay for this trip (and an earlier one) - well maybe one day it will, if I live long enough, fingers crossed.

Rob

Please see my earlier post "George must be" your mention of "TV interviews" well these were all done before COVID. I reiterate "there is no meaningful/commercial gold to be found". I know that sounds like "sour grapes" because I have no shares, but it purely a genuine warning. Over and out.

Https://on.ft.com/46BiOvQ

Over the moon getting the dewatering licence and seeing a 70%+ rise in the sp. Holders beware he will now grab the opportunity to get the money to finance the operation and that news will not be far away - Having sold out 150% higher I will watch with interest as George creams holders again. No (meaningful/commercial) gold has been found in the last 4 years and that will continue - so beware.

HITS

An excellent summary of a tragic story

I fully expected my investment in ANGS to be worthless a good few years back. "Saltfleetby is worth 4p a share" so GL informed -shareholders when it was acquired. So some hope was restored. Sound offered 1.5p when ANGS put itself open to offers, Salfleetby delivered gas, shares touched 2.8p, hope grew - sidetrack to boost production as gas prices rocketed. Costs spiralled, Borrowings ballooned at sky high interest rates, debts repaid, dividends this year all spouted by GL the presentation videos are still available- you just couldn't make this garbage up - Shareholders have been seriously mislead- So I am back to Plan A, holding a worthless investment. To top it off it is pouring down outside. RANT OVER

75 to win for England - surely not!!!!

Cyril2

Done (again) I had removed the filter following the NEO F/O assuming (wrongly) the drivel would stop.

JS you need to settle down and make your mind up if you want to remain a shareholder or not. Currently, presumably depending on which way the wind is blowing, you jump from "we need a fund raise" to "sack AB" and then to "pay a dividend". For someone who supposedly has a large financial interest you are acting and posting in a child like manner and coming across as rather foolish.

Please do not listen to this guy/gal it has taken just 6 weeks to go from an opinion of :

Coiled spring:

to

Game over for Angus:

how bazaar

They offered to buy out ANGS at 1.50p - Looked too low at the time, but perhaps they would not have screwed it up. ANGS never had enough funds to take Saltfleetby through to production. They borrowed at poor rates when rates were low and they compounded the problem by borrowing more, again at poor rates to complete the tricky sidetrack. Shareholders are now suffering with a destroyed sp and the prospects of Forrest dumping millions of shares on the market. Without really high gas prices they would not have survived they still might not and maybe 1.50p will not be available - backs to the wall time - AGAIN.

These are due on 27th July (4 weeks). Expecting a decent rise in the interim dividend (perhaps 3p) and a further share buy back program. Also expect analysts to move their sp targets (currently around 130p) significantly higher. CEO has reported in the press today that he expects gas prices to be elevated for quite a while.

They never fail to disappoint. The extension of the financing at the rates quoted in March - well the market has voted with its feet.

Greener101

Yes I would be very pleased with 500p and even more so with 700p. Without getting involved in an argument, I feel shareholders have been kept somewhat in the dark. AB struggled for months with this F/O and has somewhat been rescued by the team from Ithaca. Nigh on 27 months have passed since the F/O process began and it still isn't boxed off, I know there has been a lot of issues with government interference, but that only came about over 15 months into the process. We know as a minimum JOG will end up with a free ride and 12.5%. As a patient long term holder 500p is not exceptional, after all we have seen 350p a few times and over 400p in the early days of Verbiere. If Malcy is anywhere need the mark with his price thoughts he will get a box of jammy donuts from me.

The paragraph below from the AGM acknowledges that the BOD are aware of shareholders unrest. The interim results are now late in relation to previous reporting timelines, the annual results were late by weeks - imo all is not well at AFC.

The Board of Directors notes that resolutions 1, 3 and 7 received votes of 75.95%, 78.18 and 73.34% respectively in favour but recognises that a significant minority of shareholders voted against these resolutions. The Company intends to engage with shareholders in order to better understand the reasons behind the result and will provide an update on the feedback received from those shareholders and any actions the Company intends to take within six months of the date of the Annual General Meeting.