BP. -
From SINGHIE - https://data.nationalgas.com/find-gas-data
Refresh the page (Important) - and enter Saltfleetby (must be capital S) - enter and choose “system entry volume, Saltfleetby D + 1”. Then modify date range.
Choose “reports” then “NTS physical entry” then “System Entry Volume”
TheN “View Data”. ——— BINGO !!
Taking JD-Nau’s figures for nett income for 2023 - £14M - and assuming a repeat for 2024 - this will give a total nett income of £34m (£20m global refinancing + £14M) for Angus in 2024. ( plus anything left over from 2023).
Less £5m and £6.7m (senior debt and bridge debt) leaves total pot at ~ £22m.
Enough to support the next drill - improve SF7 - pay some amount to Forum Energy - and pay £4.2M dividend (0.1p/share).
Unfortunately that Global refinancing debt will stand at ~ £23M at 2024 year end after the repayment holiday. Repayments will need to run at ~ £7.5M/yeqr thereafter.
Incidentally - as a total aside - why are Mercuria Hedge payments to Angus always down to 4 Decimal places ?? What that all about ??
K - Todays asset value is what it is - and with NO distribution Feb 24 asset value will be different.
However distribution is planned as either a dividend or share buyback or a mix of both - with no change other than money in your pocket and/or a reduced share issue, leaving the original asset intact - which may have changed due to news/development.