Member Info for ocelot

Seems to be a County Council meeting planned on the 14th Feb, St Valentine's Day.

Nothing has changed: the RNS re HH was released on the Monday before Xmas, yesterday's RNS about the share issue to Tellurian was expected.

What we do have is a Friday of the shortened New Year's Day week, when trading is generally thinner and can be more volatile than usual.

hasiba,

Agree with your last sentence, not convinced by the rest: Trump was elected on a platform of reducing the US's overseas commitments, not of increasing them.

$70.10

Soleimani seemed to be everywhere: Iraq, Syria, the Lebanon, ...

I'm not sure Trump's strike isn't an admission of the US's relatively weak position in the region.

The principal beneficiary, once again, is likely to be Putin.

Boyobach,

Not sure what it means for US influence in Iraq either!

Don't see what Trump hopes to achieve by ordering this strike, looks as if he may have acted out of frustration!

better volume this morning, not bad at all for a shortened week: 611k shares traded so far, as per advfn.

https://www.bbc.co.uk/news/world-middle-east-50979463

I was thanking you for your apology, mjga786, sorry if my message wasn't clearer.

:-)

?

PS: if you shift the decimal point 2 places to the left, that should do the trick :-)

If you can't divide by 100, I'm not sure the stock market is for you!

Dilution is when shares are issued to acquire assets of lesser value than the issued shares, accretion is when shares are issued to acquire assets of higher value than the issued shares.

It's not so much news as confirmation: it is normal, when you buy an asset, to pay for it.

Share issue to Tellurian.

The Balcombe Discovery is considered to be in the ‘sweet spot’ of the Weald Basin given the 568m thickness and highest maturity of the Kimmeridge layers.

Given OGA consent has now been received, why do you not list Saltfleetby as an asset on Angus’ website? Asked on 1 January 2020
This is now done. We expect to complete a Competent Persons Report during January 2020 on this Field which as previously announced is likely to show at least as good as, if not a considerably improved, commercial outlook for recoverabes from the Field.

... Even allowing for a lower average price of 40 pence per therm gives £72 million gas recoverable or £79 million with condensate, and deducting £2.5m of reconnection costs and a further £2.5 million of abandonment costs at the end of life, and finally increasing previously announced running costs from £1.0 million to, say, £1.25 million per annum over 12 years shows a net value before tax of £59 million of which Angus net share is just under £30 milllion.

This figure of £30 million should be set against a market capitalisation of Angus and all of its other assets of just under £5 million at the end of 2019.