Member Info for nhawan

Tygra, A director can only sell during an open period when there is no price sensitive news imminent. Forrest is probably selling some before the sidetrack drill in near target depth because it will be a closed period by then. He certainly cannot sell before the sidetrack result is RNS'd.

It's probably to accumulate some shares before ramping the price up in time for the sidetrack spud. Only 10 days to go.

I reckon this will be flying by end of this as people take positions. Who would want to miss out on the doubling of the flow rate? SP bounced off 1.81p and the current price is stablising. Buy in under 2p imo.

That's £1.7m per month. Not bad at all. Potentially double that in a couple of months. Sp is way undervalued right now.

Directors cannot sell in closed periods but after the flow results there is an open period which allows them to sell. It will be closed again after the sidetrack spud.

People trying to trade it. SP usually drops a bit during a period of no news and we still have warrants to clear it seems. Spu date for the sidetrack is in 2 weeks time so expect it start rising again just before that. Also if the 6mmscf is achieved consistently this month then sp should be higher.

3P+ before mid October imo. The gas rate is covering the hedge and making excess as profit. Sp should be much higher when output is doubled.

Bought some more. The markets are taking a pounding after the mini budget but should recover after the panic has subsided. Either way, ANGS is selling gas so not the time to bail out.

Can anyone convert these to mcf figures? The first line a strange 1598889.0 value which is far too high for a daily rate.

Just feel like SP is going to start rising by close today. Flow rate news is imminent.

Sp seems to be holding above 2p well. The question now is whether to buy now or early next week. The flow rate results are due next week so expecting sp to rise in anticipation.

The trades show as buys or sells depending on the spread reported at the time. If your buying price is closer to the bid then it will show as a sell. Remember that all trades are buys and sells. You can't buy if there wasn't a seller of those shares.
If someone bought 2m shares then someone also sold 2m shares.

Traders will know by now that when the sp is held for a while during an apparent uptrend, it's usually a large sell being worked through. The MM's play the market depending on what news is expected so currently the GL interview is why the sp recovered in 'anticipation'. Expect a sharp drop if nothing new comes from the interview.

Thanks for the info HITS. I was going to reply to Ashole7's abusive post but thought it was a waste of time

Possible if the rate cannot be increased much more than the current 3.5mmscf. This would barely cover the hedge which would mean ANGS isnot making any profit leading to more placings. A few more weeks and we will know which way this is going.

This is probably going to test the gap at 1.7p since theres a good 2 weeks left before any gas sales RNS.

That volume of 0.0537 is half of what was reported at 10.00am which was 0.1229. Anyone clarify what's going on?

Sold some as it seems to have stalled. Plenty of time to get in before volume and sales figures. this is gonna test 2p again for sure. The threat of a placing is always looming if they have to raise for the sidetrack.

I reckon there will be some fun and games over the next couple of weeks while waiting for news. It is going to hit 2p or lower this week. May just sell some to trade it.

The sp will rise as more institutional or big investors start taking positions. The sharp rise and drop after news is because many people are short term traders. Sp will stay in an uptrend from now on but it will be a slower rise as the company reports sales of the gas and income. I expect a slow rise as we get closer to the end of the month or when the comapny announces the date of the sidetrack.