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40p atleast IMHO!

It went upto 37p with Lidsey news alone. Balcombe will prove the concept of movable oil production from the kimmeridge unless HH does it first and if SCC gives us the green signal on 8th August 2018 then people know the company will immediately start producing from Brockham, sentiment will run over the roof making the SP rocket.

Thanks Alan2017. As the oil is there then what is stopping the company to produce it? Bonus money I'd say. It's not gonna costs that much to produce from Lidsey Kimmeridge, will it? I mean the well is already there, they just need to produce from a different layer that they have already gone through

so is it going to be 7 days test or they can go for 150 days EWT straight away?

Can we please talk a bit about Lidsey Kimmeridge guys?

Given what we've been told, like ibug said, it will take few months atleast to get it into production if the company prefers to. We've not given any flow rate yet, is it because it hasn't been tested or they need further permission to do that?

ChasPB and wasit

I've read the RNS atleast 15-16 times just now and keep asking me the same question again and again, what does it really mean?

It did say the transfer has occurred "for nil consideration" which means no money transfer occurred. And the last line of it saying, "The Company’s ‘PDMR Shareholding’ RNS of 3 July 2018 remains unchanged." which means Tideswell still believes nothing was signed and he never gave them any permission to sell any shares. So wherever it went, it is now being over seen by the broker/regulator or whoever dealing with it, right?

But they had to issue that TR1 announcement as per market rules that if certain holder's holdings goes down by certain %, a TR1 has to be issued with the details.

So if I understand it right, it still means this is NOT the end of the story and Tideswell lost his shares. Which means they have to issue another TR1 if Tideswell is legally allowed to get his shares back and it crosses 5% or 6%, whatever the threshold is.

Brooko19

I just can agree more mate hahahahaa

just check it ibug and you are right
apologies

OGA is really quick, they are no SCC. They roughly take like a month for fdpa as far as I understand., at least that's what they took last time.

Let's just say hopefully soon if they have already submitted it to OGA

:)

this* whole

Even the smartest people get scammed now a days so ....

I do feel sorry for him. 39M shares, can you imagine what it would be like if the SP reach the previous highs again. I

These whole thing has clouded the other RNS about the Lidsey kimmeridge testing. And guess what, even with £2M placing at UKOG today, it has gone up further! Crazy world

GL all

You are probably talking about the wrong company my friend.

This is the real company: http://america2030.net/

Eitherway, all the ****s have been exposed and things are behind us and this is why we stayed well below 10p in my honest opinion as its now clear what was happening behind the scene.

Hopefully with the upcoming news, we will break our long awaited 10p barrier eventually.

GL

They did perforate the Kimmeridge at Lidsey and it produced dry oil, enough for me!! 😊

This is exactly what I've been telling everybody! Only 306.81 millions share in issue, honestly its not that much. Compare that with UKOG's 4,584.27 million shares, its genuinely next to nothing. If UKOG could get a way over 100% rise from its recent low of 0.95p on 8th June to this 2.11p todate with this mammoth 4,584.27 share in issue then imagine what ANGS will eventually do when its 306.81m shares (32.59% of that are not in public hands).
http://www.angusenergy.co.uk/investors/share-structure-significant-shareholders/

Time to do another rocket like last summer!

GL all :)

Horsehill is the sister oil field to Brockham. If HH start producing with even minimum commercial flow rate then you can expect the fireworks in anticipation with Brockham on 8/8/18. We live in hope, so one day one day.

GL mate :)

Loot

As s per 25th April's RNS, they raised £3.39 million on top of whatever they had, don't forget.

I think the BoD trying to raise less through dilution as it will also dilute their holdings. That 700 barrel figure was up until March 2018, don't forget so from April onwards it will surely add some more which is a plus.

And above all, don't forget, we are below 10p for a reason. We were over 30p as we expected 300+ barrels so below 10p should be considered undervalued when you count Balcombe flowtest and Brockham kimmeridge production.

GL mate :)

You are just very lucky and clever, definitely not mad!
I just wish I had the money to top up :(

well done anyway

they must be kicking themselves for not taking some profit above 30p, just like us

JTP: 39500000 shares
PV: 15000000 shares

So if my calculations are correct then at 30p their shares were worth:

JTP: £11.85M
PV: £4.5M

And now they are worth:

JTP: £1.78M
PV: £675K

We are moaning about our losses but guess what, they are probably way more furious that all of us together! Hahahaha

Only ANGS has gone down, by a further 10%!
Just getting sick of AIM altogether. Its not what it used to be in those good old days.

Well done wasit, atleast you got a reply from them. Ask them if they have any plan to update the market with Lidsey production and may be fast track balcombe?