Member Info for ocelot

Saltfleetby CPR mid-case forecast gives a net present value, after discounting at 10% pa, of £25.2m.

Add on a few millions for Balcombe gives, say, about £30m.

That is, about 5.9p per share.

But a less conservative discount rate than 10% pa would raise this figure higher.

wish it wouldn't do that, suddenly reverting back to a post of 16:24 of yesterday!

Delivery, delivery, delivery, the first application has been promptly delivered.

Satfleetby Planning Update

Angus Energy (AIM: ANGS) has received notification from Lincolnshire County Council that prior approval has been obtained for the installation of processing facilities at the Saltfleetby 'B' Site. As noted in our RNS of 1 May 2020 this represents one of the two planning approvals required to reconnect the Saltfleetby Gas Field to the National Gas Grid and recommence production. A planning application for the pipeline was validated on 4 June 2020.

George Lucan, Managing Director, writes: "We, together with our planning consultants, Aecom, approached this application with great diligence and care, engaging in extensive pre-application consultation with Lincolnshire, to ensure the proposed development was carefully tailored to local requirements and sensitivities. We are very pleased with this timely result."

Have you seen the share price?

Well done, Angus! Well done, Lincolnshire CC!

A couple of trades totalling about 6m at 0.195p now showing.

No UT trade, no late-reported trades so far.

Still a lot of work to do, but that is an astonishingly quick approval from Lincolnshire CC.

Between the two.

I'm not sure it wasn't more like ... 5 weeks!

Looks like it!

Skwizz,

You are "decidedly negative", but maintain your holding, so, in truth, seem to be in two minds.

With "North of £4m" in cash resources at the last count, that seems a bit unlikely.

Volume has been such these last few days that anybody who has wanted to sell has been able to do so.

RNS of 26/05.

AGM on 17/06

Or 2z even!

Interventions interrupted by coronavirus restrictions, news awaited.

Nothing against investigative journalists, on the contrary, but their concerns are not necessarily those of investors.

Investors invest for a company's prospects, but a subject such as Holmwood has nothing to do with Angus's near- and mid-term prospects.

Personally, I find Alan2017's posts make me think more of an investigative journalist than an investor or a trader.

For myself, Holmwood is a distraction from ANGS's near- and mid-term prospects, the reasons I am invested in ANGS.

Those who wish to discuss Holmwood are welcome to do so, but I shall not be reading their posts in any detail.

ANGS was at 3.55p at the close on 27/06/19, the day before the Brockham RNS.

Let's see if we can make up some of that lost ground in the weeks to come.