Member Info for nhawan

Mate I think most people are concerned with whether the water isolation worked and the oil can flow rather than if the length of the perforations has been reduced. The perforations could be extended to 2000m but would be useless if water problems couldnt be overcome.

Even if the perforations are now 50m that is still a decent length on par with Horsehill. I want JTP to clarify if the water zones are now fully isolated.

I suspect they will release the real good news next week in time for the placing shares. They have not blown their load in one go. Expecting a positive tweet later today to boost sp into close.

They want your shares. Can get a live quote to sell over 500K shares in one go. They are giving the impression that sp is sinking to mop up the shares. The RNS probably caught them by surprise. This may be about to take off.

The MM's have a good excuse to play games. The RNS is not detailed enough for pi's. A twitter explanation is due. Where's the better investor relations JTP?

If the water isolation is not in the bag then the placees wil be under water next week when they get the shares. I reckon we will hear something positive very soon. The volume isn't there to indicate anything negative.

Well the volume is pretty low and whoever is selling is not likely to be making any profit. Even the last placing was at 4p. Only some good news can reverse this s**t show. The BoD have disappeared up thier own backsides after this latest debacle.

"Spread is 4.15/4.20"

Is this a joke?! What was the spread at the time of the 1m trade? Try again mate.

seriously dude look at the spread at the time of the trade before posting BS. No chance of getting a 4.11p sell price when the spread is 4.0/4.15.

To see sells at this price means people have lost faith in ANGS. The BoD have really lost the trust of the investors at an important time by going ahead with a placing. They seem to have gone quiet on the twitter front after trying to pump the sp up before this debacle.

Yeah I'm sure he's selling at over 1.5p less than his purchase price. /s

At this rate there is absolutely no reason for any pi to take up the Open Offer shares next week.

We should get news on water isolation this week since it's a bank holiday on Monday. Can't see it being bad news otherwise the BoD are totally incompetant especially when they are doing an OO for pi's @ 4.25p next week. There won't be any takers if water isolation is not possible.

The well fluid tanker suggests they are going to isolate the water very soon or have done already. The placing will be just a memory if Brockham comes good. A multibagger on the cards or a complete failure? Only a week to go before we can make any assumption.

Who is actually going to sell for 4p? Almost no one is in profit at this level so MM's trying their best to relieve pi's of their shares. Can't see the sp staying below 5p for long especially when the water isolation news could come any time.

If it's bad news then everyone loses including the new placees and no pi will take the OO shares next week.

I'm assuming the gas field is in the weald basin area which gives ANGS some more acreage to play with as well as gain revenue from the gas extraction. When will they disclose the acquisition?

allthatguff,

I remember the UKOG sp multi-bagging after the 1.5p placing back in May 2016. This ANGS episode seems eerily similar.
Let the Brockham testing commence...

No one is in profit at this price to bother selling. The apparent sells at 4.3p are actually buys since I can only get a price of 4.26p to sell.

A big bounce will come if the water is isolated. I suspect the news will leak out before it is announced as usual.

The sp is already going to open at around the placing price. The pi's get shafted every time. No point selling if you are under. What a shit show.

The volume traded is less than 4m shares yet the company's MCAP has dropped by around £22m. WTH is going on? The MM's sure take the piss.

To release an RNS to calm investors is excellent work by the BoD. They appear to be trying their best to keep investors informed. The new perforations will give a better understanding of the water areas if there any more.