Member Info for ocelot

One investor asked what the present cash resources of the Company were. At present these stand at approximately GBP3.4 million.

Investors also asked what the Company's intentions were as to the Brockham Licence. The Company has applied to the OGA for an extension to the Licence at Brockham with a view to developing the Portland Reservoir - an option explicitly contemplated by RNS release of 28 June 2019. Additionally the Company clarified that although interest has been expressed by a third party in purchasing the Company's share in this Licence, these discussions have not as yet progressed any further.

From Angus's RNS of this morning:

Investors also asked what the Company's intentions were as to the Brockham Licence. The Company has applied to the OGA for an extension to the Licence at Brockham with a view to developing the Portland Reservoir - an option explicitly contemplated by RNS release of 28 June 2019. Additionally the Company clarified that although interest has been expressed by a third party in purchasing the Company's share in this Licence, these discussions have not as yet progressed any further.

Thanks to Torreaguas on the Angus board for his resume of this evening's shareholder update meeting posted at 21:43 which includes this line:

Not selling Brockham but planning to produce from the Portland.

Best wishes, dsfat.

"Unwavering faith" may be going a bit too far, YL.

Cheap buying opportunity for the longer term, yes!

In answer to your 2nd question:

management, JTP, Rupert Labrum.

Broadland 175
Boyo 177
Bunks 186
Withoutt 190
ocelot 195
Hasiba 202
Hawkey 209

https://www.rudaw.net/english/middleeast/iraq/280920192

That's what they're intending to do.

January 2020 is no longer very far away - Xmas cards are on the shelves in my local Sainsbury's.

So, at 6p, the IPO gave a market cap of £12.9m.

At the time of the IPO, in November 2016, JTP's holding was 18.4% of a total of 214,980,287 shares.

It's more like £55k, Alan2017, from 4.25% (at 11/09/19) to 5.02%, ie +0.77%.

The past helps to explain ANGS's present share price.

But if you are, or remain, invested in ANGS, then it is the future that counts.

Whoops, the secret's out!

Couldn't work out what you were referring to, bunks, until I saw what I'd written: should have been "your" own name and not "our" own name!

Hope you're right, Tymers, because then I will be right, too!

Looks to me like a quality concern in the making.

Broadland, you entered our own name as broadband!

Broadland 175
Boyo 177
Bunks 186
Withoutt 190
Hawkey 209

Fair enough, kris1981.

For myself, I've given up reading them, find comments on this board more insightful!

They can run it down on paper but they can only run it down in reality if anybody takes any note of what they say - don't know about Winni ... but Motley Fool's audience must be close to non-existent.

It was a £10m loan in November 2017.