Member Info for Oktane

Three day of unrelenting ramping, will it push it above recent highs and sustain the rise?

Stay tuned, trading opportunities here this week!

Value of ANGS is the size of the coffee fund at the building I visit for a global oil company in Houston.

If someone or an entity wants Angus or Saltfleet, the obstacles are mostly of the ongoing poor managemnt of the company, that has never had any project related to energy work out at all. Now they are going to manage an asset sale or takeover, ok, maybe LL is better at the finance stuff.

Really hope the current buzz given enough of a rally to get stranded investors out for a gain. I personally like short term plays here, mostly based on how the price action suggests turn points.

BV am out today at 1.03, happy to watch tomorrow perhaps buy again, after previous experiences here will only trade for relatively short term plays.

BV you, and you alone, misunderstood my post this morning. Yanis, in contract, understood, and thanked me.

Chill, been a long time in ANGS, the numbers are very good today for your position.

Great to see a big up move here after leaving these levels back in November. The 10% of float traded has allowed many to get in or get out and should help to better retain todays gains.

Given management has an appalling record of deliver on all projects to date, a buyout of Saltfleet is certainly the safest good result for investors. Let's hope it is real, and not more of the typical AIM malarky. Best wishes to all the long term holders trying to get out for a breakeven or even profit.

Interesting development, will it significantly rally or is this the very last chance to get out of the lobsterpot?

Good luck Yanis and the other marooned longs here.

Shareflyer, I have often considered your question when reading here, my thoughts:

1) desperate swing trader stuck with a loss, mult ID posting everywhere non stop

leads to

2) idiot

"Let’s get this ramp going! I want out and my money back!"

You and untold hundeds of million shares want the same run up to escape...

BV, fully agree, also fits the actions of someone about to "tap out" of the world of trading due to terminal losses.

Regarding the gas production downside hedge for 36m at 43p per therm:

While it is possible that the hedge is contractually tied to potential early repayment of the load for poundland development, this type of optionality in the hedge would have a large impact on the cost of the hedge, for example, if the market forward price to hedge this risk is say 50p, by adding the loan related optionality of early repayment, the actual protection kicks in not at 50, but say 43p. for this cost reason it is very unlikely that decisions to repay the loan early if this proved possible would have any impact on the hedge.

In summary: declining size of the hedge in line with declining outstaning loan balance as it is repaid = easy and cheap
Optional early loan repayment reducing the hedged amount: expensive form of insurance. Unlikely ANGS paid up for this, and likely that they would tell us if they did.

Has our resident rampastic, caught long and wrong, in the lobsterpot prolific poster been given a red card here?

Likely he is following

Profit making investments 101

"Add to winning positions, cut loosing positions"

Normal practice in gilt and bond markets to trade WI or 'when issued' shares in advance of the actual auction and first settlement of actual securities.
The rules are complex with AIM and I am no expert, but if indeed market makers had a heads up before the placing announcement that should be illegal.
Market makers going short AIM share after placing announcement is another matter and defitely is allowed.
AIM is well known though for insiders front trading on non public news, as clearly happened here.

Hopefully 120m new long term investments have been made. Alternatively much of the 74M recent volume could be some of the 1 billion shares outstanding being sold off to close out what hasn't exactly been the share of the year in 2021.

All will become clear soon as we see market price action and further news. Would be great if something could finally work right for ANGS for the first time.

Anyone else noticed ED has stopped bragging about his most recent buy he was so proud of at 0.82, if it was real it is a real mark to market loss of 20%.

Newbies take care in following any trading tips on any shares BB.

HIS, if Knowles does convert in July 2022 the £1.4m loan at 0.65:

bad news is this is another 215m shares

good news as we crossed the 1 billion shares float already this dilution is a smaller percentage dilution

Good management would/will keep us informed on how this unfolds, but ...

Actually HIS, he sort of does say they got it another £800k wrong:

George Lucan, CEO, comments: "With design and build of all major equipment in place, we have reassessed the budget for construction and installation and in particular the supporting infrastructure for electrical, control and instrumentation and safety and emergency shutdown systems. In view of regulatory requirements for safety and protection of the environment there is a risk that these will exceed budget and as a prudential measure we will be increasing the contingency reserve in order to remain at all times within debt covenants and avoid any delays to our timetable."

Front running, twatter attempt to manipulate prices higher, impressive spamming all about to talk it up, not exactly unknown on AIM but all in all what a mess here, wear rubber boots if getting aboard and know how to work a lifeboat!

ANGS 12.8% dilution announced today means you need to add that percentage to your existing holdings or you have just lost that amount of participation in future earnings.

RNS detail; a 1/8th of floating dilution approx, but even worse is they are book building, so they have no doubt some buyers but most assuredely not all of the £800,000 worth, so have used most expensive method possible to raise.

It might or might not have been lack of management skills that have allowed the construction and sidetrack schedules to slip,

BUT

To have it leaked and clearly pre-sold by the favored insiders is not nice, and will further damage the interest of anyone considering investing here, leaky ship indeed!! Yanis, your spidy senses were unfortunately spot on. Biomass show this is.