Member Info for nomlungu

ANGS claim on their website that they are "a team of petroleum industry specialists with a proven track record of operational excellence and fiscal discipline meeting the energy demands of the United Kingdom"; so why do they need luck?

Of course a cynic might ask question their 'fiscal discipline' they needed £12m after it first seemed they would be able to get to gas last year without that amount of funding and now some are speculating another placing might be in the offering. Or, it could be asked how exactly they are 'meeting the energy demands of the United Kingdom' if they are not actually selling any energy?

'He also warned that foreign criminals' use of the Act's "right to family life" remained a "serious issue" that he intended to address, with "somewhere between 100 and 200 cases a year whereby foreign national offenders are frustrating deportation orders."'

I am in favour of anything that will make it easier to banish boris; maybe raab knows it is how he might get power himself?

Power cable makers; I knew someone was going to make moolah out of upgrading the grid to cater for where renewables are produced and where the power is consumed but did not realise that the humble cable would do so well.

https://www.economist.com/business/2021/10/11/the-booming-business-of-knitting-together-the-worlds-electricity-grids

'The Q is will GL & crew act in the best interests of the shareholders or for their benefit?'

Their shareholdings and Director's share purchases might be an indicator of how aligned their fortunes are with private shareholders. There seem to be numerous shareholders who own more shares themselves than The Dear Lord.

Boris Johnson’s Believers Ignore the U.K.’s Mounting Problems

https://www.bloomberg.com/opinion/articles/2021-10-17/max-hastings-boris-johnson-s-believers-ignore-u-k-s-mounting-problems?srnd=premium-europe

Cuddyoubeliveit? When the share price is 0.9p, a ramper says money is no problem as warrants that vest at 2p can be exercised. I suppose there is actually no concern about cash reserves as the presentation said they were targetting first gas over 1 year ago, so all the cash from sales must be mounting up?

In #'my very humble opinion'# someone is having a laugh

And if your peak season is Xmas and your stock does not arrive in time, what do you do with the stock / how do you not make super losses? THG seem to be in serious trouble and the boss giving up his golden share after extracting a large chunk of cash is not that significant.

A retired GP who writes food books - his juicing books are good. My masticating juicer as a 1hp electric motor, which is quite something. Cold pressed juices are far better than any juice made by a centrifugal juicer [no heat from friction].

https://www.amazon.co.uk/Superjuice-Juicing-Michael-van-Straten/dp/1845339223

It does matter... Getting herd immunity into the youth before winter / Xmas is important, so having high levels circulating amongst the unvaccinated young may turn into a benefit to wider society.

It is what GOV are banking on, especially as mandatory vaccinations for school kids would just encourage popular dissent. Evidence is showing that those who were previously infected and then get vaccinated are mounting a "super defence" against all Coronaviruses, so getting exposed whilst young may not be such a bad thing if the infection is not severe.

People who live next to bomb factories or nuclear power stations are obviously not that concerned; maybe they have bought shares?

It is not 'a storm in a teacup'; not only is there an oversupply of property in that market, but there is a shrinking property market due to long-term population decline. Add in that the property sector represents too large a portion of the economy and the need to retrain workers into the care sector as the population ages, you have all the makings of a long-term stall in the Chinese economy.

Throw in a populist autocratic dictator and even more dislocation can infect that economy. And then there is the problem that too many Chinese folks have invested in the once booming property market as their retirement nest eggs...

That might explain why some eggs in my nest are looking scrambled at the moment.

All the company needs to do is make some profit and pay some dividends; drill in the right place in Turkey; have management buy some shares; have management engage with shareholders; get into a position to enable Reserve Based Lending; stop diluting shareholders; not reward failure etc...

Then there might be something positive to post about.

Some might argue with the claim that ANGS have acted with 'speed and determination' when first gas is likely to be more than 18 months later than the original production target.

PRODUCTION TARGET - Target start up for MAY - AUGUST 2020

https://www.angusenergy.co.uk/wp-content/uploads/2019/06/Saltfleetby-Gas-Field-rev14.pdf

I would too if I was still drinking; Man was not created to work and pay taxes.

So from a deal that has not been announced you are claiming an upfront fee of at least £100m being paid to Valirx to justify your claim of £6m being paid to PYC. All whilst Valirx's current m/cap is less than £30m.

One of the dangers of rampers pushing ridiculous stories is if Valirx are able to get some sort of deal and there is no upfront payment then the share price of PYC could collapse if current shareholders have worked expectations of a payment of £6m in the near future into their valuation of the shares.

Claiming that PYC are getting "£6mln from #VAL getting partner for #VAL201" is incorrect and misleading. PYC stand to get up to £6m from a share of revenue from Valirx if VAL201 is commercialised. The drug has not finished regulatory trials, let alone been approved as a drug.

Valirx getting a partner to progress the compound into a Phase 3 trial does not trigger a £6m payment to PYC.

A man has died at the scene of a stabbing...

Sad day

A spike in short term spot prices does not help if you have resources in the ground and a mine that has not been built. But good news if it is the start of a long-term price increase.

The PEA released last month was done at $2650 a tonne; Dec 24 contracts are currently only a little over this price at $2873.

https://www.lme.com/Metals/Non-ferrous/LME-Zinc#Trading+day+summary

Even the prices of some rubbish shares are rising?