Member Info for neon

Oil has started flowing from HH which proves the UK onshore moveable oil concept in south east England! Brochham is next door to HH and of course the monster Balcombe where we are the operator and have 25% ownership.

Boys and girls, time to stop waiting in the sidelines and just get in now.

Any positive news on Balcombe or Brockham will push the SP to rocket 🚀

GL All 😊

https://m.youtube.com/watch?v=C4BJH56D78w&feature=youtu.be

15 working days left, unless SCC delays it again.

GL all :)

You haven't changed even a bit, have you? Still posting your negative spins over and over again, same old same old

on a positive note, only 17 working days left, unless SCC delays it again.

GL all :)

Very well said Alan, I just can’t agree more 👍

19 working days left, unless SCC delays it again.

GL all :)

RealAnalyst

The SP performing 'relatively well' on the face of the sells going on, that's what I meant. If we get tens and thousands of sells everyday, the SP would have been way lower than this but its not happening suggests that there are buyers who are accumulating quietly without complaining about the SP.

Like I posted before, against UKOG, ANGS's mcap doesn't make any sense when you consider the number of shares in issue in both companies. ANGS is not only undervalued, its extremely undervalued IMHO but it is where it is. I personally don't believe in the concept of MMs playing as they are here to make money regardless of the SP. This is their job, this is what they do everyday to create a market. SP depends of supply and demand and by manipulating it these nasty people make their millions. They did it before, they are still doing it and they will keep doing it until AIM changes fundamentally. There is no point in talking about it.

Anyway, like I said, it will change one day as they can't keep selling forever as those sold shares being quietly bought as we are posting here.

GL mate

and also don't forget, all these sells are being bought instantly by others so even after those big sells, the SP is performing relatively well tells me market is balancing pretty well atm which is indeed a good sign.

GL mate

RealAnalyst

I think its clear that either Bergen or America2030 are selling. No private investors have got the amount of holdings being sold at the moment, unless they are selling in huge losses in my opinion. It seems we won't get our rhythm back until we get some rig news on either Balcombe or Brockham. All technicalities clearly shows that ANGS is meant be way better than other weald companies but then again its AIM, anything is possible! The sell side is getting exhausted now IMHO and they will finish one day and if we start getting some positive news, our luck might change in a flash and until that happens, I guess we just have to wait and weather the storm.

GL anyway

UKOG vs ANGS

Shares in issue: 5,207.24m vs 316.12m
MCAP: £118.46m vs £16.60m

It simply doesn't make any sense! How come ANGS is at 5.20p while UKOG stays over 2.38p (live price 8:09am 11-07-2018)

PV said, " This includes the highly anticipated basin wide study due in the next month."
http://www.angusenergy.co.uk/wp-content/uploads/2018/07/Angus-Energy-Kimmeridge-Assesment-Indicates-High-Quality-Crude-at-Lidsey.pdf

Was he talking about Brockham then?

baits

bloody hell! 1.2M?!!!

Well done mate! You are gonna make a killing out of Balcombe and Brockham flow test, very well done!

I agree with you itsallaboutme

https://total-market-solutions.com/2018/07/06/uk-oil-gas-revisited/

"Beyond Horse Hill’s partners, another decent opportunity could be Angus Energy (ANGS), which majority-owns and operates conventional oil fields Brockham and Lidsey near Horse Hill in the Weald basin.

The company sank 16pc on 4th July after announcing a that it had received notice of exercise of a £400,000 convertible security, and, as at the time of writing, it sits at 5.6p, down from 26.6p in November. Given that the firm reported the presence of multiple oil composites at Kimmeridge on Monday, this price could provide a great way of getting exposure to the Weald basin’s potential".

Nianjabi

You've raised a good point mate but traders will keep trading regardless. 10-20% profit within a day, week is an ultimate gift for day/short traders. However it will change in a flash if the company starts the balcombe flow test. I personally was 50 50 with brockham being with SCC and Lidsey flow rate issue but it all changed when I first saw the news on 25% Balcombe. Its massive, too big to miss. Let the flow start get started, you will see the big boy getting in forcing the SP rocket with improved sentiment.

I just can't wait ...

GL mate :)

Alan2017

It has been done mate! They listened to you! Hahahahahahaaaaaaaaaa

Personally I'm glad to see Tideswell moving out of the way and staying as non board operations director. Yes, if everything proves that he was really conned and shareholders forgive him then he may return to the Board and I don't have any problem with that.

So, can we go back to our original discussion on focusing getting kimmeridge layer into production? Hahahaha

Can anybody ask our new chairman Mr. Cameron Buchanan to start Balcombe flow testing this month? :D

thorough* presentation

I think Lidsey Kimmeridge dry oil show is started to sync in. Anything over 38 API is good quality oil, I remember Leo Koot's through presentation on that, even our house expert Alan2017 could give us a lecture on that. And our least quality oil from Lidsey Kimmeridge was 38.5 API dry oil. Now this is something ....

Hopefully the company will start the process of Balcombe pretty soon. Don't forget, we are in Q3 now

GL

And before anybody starts questioning my opinion, it went upto 37p thinking production from Lidsey would be 300-400 barrels from Lidsey.

Anyway, just imagine, if that happens, all the moaning, complaints, screaming, scaremongering would be gone in a flash! Everybody will be buying, well, the shorters won't have other choice but just buy as they have to close their shorts asap.

:D