Member Info for Onbeyondzebra

As I said, the most likely outcome is a slow drift downwards over the coming weeks. There’s a lot of selling pressure (Forrest et al., and typical AIM investors with a short attention span) and no ‘new’ news in the pipeline to really move the needle. Those pinning their hats on the ST connection to the grid, while transformational for the company, it probably won’t bring too many new investors on board. ANGS has become a compelling medium term play. For those that are out, or thinking of being out, its just to decide what an advantageous re-entry point is, and wait for it. For those that are in, expect some short term pain - my guess is a drift down to between 1.20-1.40 - but you should get your rewards over the next 12 months. The lesson is to be sceptical of any AIM company’s that print shares for fun. Thankfully, ANGS seems to be past that phase…

At the last spike I suggested that the market would (and will always in my opinion) take any further news with a massive pinch of salt, and I didn’t see the SP going higher in the short term. I said the only thing that will move the needle is hard cash on the balance sheet over time. I was never convinced that any RNS would peak the interest of the market - outside of the current group of AIM PIs - as this BOD/Comms team has proven themselves to be incompetent at best and untrustworthy at worst. I also got the sense that loads of PIs were ready to jump ship at 2.5-3 p, which will naturally depress any SP rises. All of this was a discussion worth having, I think. At the time, I also suggested that 1.95 was a good price to sell-up at, in order to come back in at a later date. Of course, I was shot down and insulted for this. Guess what: I wasn’t trying to mislead anyone, but had just seen this dance before, and it was obvious to me how it was going to play out. All that said, I think there will be cash on the balance sheet in the medium term which ‘should’ make this valuation laughable. My next piece of advice to LTH, who deserve more: The SP will certainly fluctuate in the short term - it has every single time over the past 5 years when there is a lull between news. This demographic of AIM investor has a short attention span, and a slide is inevitable. Smart investors would use this to dip out and in to accumulate shares (I was never smart enough to do this enough - but was successful when I did). There is money to be made here, but IMO not with a traditional hold and wait approach, and you need to game the system a bit. I got out in the mid 1.90s and will re-enter at a good entry point if there is one. I don’t think we’re there yet. I hope for all those that stayed in that I’m wrong, and won’t begrudge you making your millions. With its assets, ANGS shouldn’t go lower… but I’m pretty sure it will over the coming weeks. Just my two cents from someone who’s seen this play out more times than he can count with this mad company.

Didn’t you post in May 2021: “I must be an idiot but…”

“Onebeyond - you posted this in January ?

“'This is a community of investors. When you sold out, you gave up your right to give your two-cents. Much like at an agm, you’ve relinquished your right to walk through the door. We simply don’t care here what non-investors are thinking about why not to invest'”

Lol. No… never said this. And haven’t posted since 2022 (as you can clearly see). I’m always happy to hear what LTHs, who’ve seen a lot more than me, have experiences with an investment. It’s ok if you’re not. Best of luck.

Hi all

I haven’t been active for a while but was one of the (almost) original investors. I first bought in at 17p, watched it go to 47p+ then, slowly, over years, down to .3p, and back again. Today I sold out completely at 1.92. In the end my loses weren’t nearly as bad as they could have been. At .67p last year I threw in a couple thousand in and, when it spiked last, sold half my holding and invested in Netflix, which went up another 70%. So, 6 (?) years of watching, reading and writing and only two thousand lost. I’m fairly happy with that outcome considering where I was. My thoughts on ANGS are: nice assets that, in the hands of another board, could be something. The reason it didn’t spike today is because I don’t think any institutional investors will ever come on board (that aren’t also shorting the stock). This board has shown that GL will raise as soon as the price goes up a bit, no matter what their promises, which makes it harder and harder for a higher market cap to have any impact on sp. It’s also a leaky ship, the prices go up or down 48 hours before we find out why. (Think of what happened last week with Petrofac (all shorts burned on a shocking 70% rise)… you never see that with ANGS.) That’s not to say there isn’t money to be made. I clawed back on ANGS by topping up at the ridiculously low valuations, and selling on the spikes. But, in my view, it will always be spikes and drops and not a re-rate. Could be wrong, of course, I certainly was with Greatland Gold. I also think that, if the assets were bought, then the PIs would get what they deserve. I fear that, as the board has next to no skin in the game, it’s not in their best interest to sell up - as that would primarily only help investors and they aren’t (serious) investors. The question I asked myself this morning was “would I buy in to ANGS at 2.0p, considering what I’ve seen over the years” and the answer was no way… which is why I sold up. Best of luck to everyone (especially LTH’s), I do hope you get your elusive re-rate - just make sure you have an exit strategy. Today was mine…

HITS: I actually enjoy reading your 'devil's advocate' position and appreciate the time you put into researching. However, I've noticed that you respond to every single post that politely responds to you, bar one exception. No matter how anyone words it, you completely ignore any post that asks you to be transparent about your motivation. Are you an investor or not? If you're not, and are ideologically opposed to Angus, this should be made clear on this board so that everyone can take what you say with a pinch of salt.
If, again, you ignore this request to make clear your position, I'll unfortunately be filtering you and suggest to everyone else to do the same...

I'm pretty happy with my portfolio. Thanks though... ; P

Hi Yanis,

I've always enjoyed reading your posts (though I don't contribute a lot) and am sad to see you go.

It occurred to me last night that there's been a parting of the ways between yours interests and those of GL. He's interested in building a company that won't be stuck on AIM forever and, from this vantage point, the new acquisition is a smart move (though certainly the additional £3 million placing is over-done and probably shouldn't be accepted at the GM). Your objectives are different: to have a SP bounce so that you can exit in the black. These two aims aren't currently aligned. I've been here longer than you, and had a lot more averaging down to do (though didn't invest nearly as much), but do see the business sense. I'm therefore happy to wait a bit longer and can see the market cap at least doubling with gas. HITS can go on and on about contracts and hedging but, at the end of the day, sentiment moves the SP.

It may well be too late, but I'd also suggest that you sleep on it for a few nights before selling up, and figure out your timing. They say buy on the rumours and sell on the news. I don't think anyone has ever said sell on bad news that took a quarter off the SP. Just think of how sick you'll feel in 3 weeks if/when the SP reaches 2 p. I made that mistake with Greatland Gold (averaged down, waited for it recover and sold at 2 p, and it went on to 38p) and, I can tell you, it's not easy to live with.

Either way, good luck with your future investments.

Just search for Polymetals Dividendmax and you'll see the historical payouts, and calculate what it will likely return to going forward. The last 'normal' year was 2021 which had $1.34 per share in total. That equates to £1.02 per share per year.
Bear in mind that was just coming out of Covid, so whose to say how high it will be 3 years from now when this war is a distant memory and things are ticking along.

Got a handful at £2.61. Chuffed with that...

* forced to sell when they really don't want to

Unluckky Mirzzy. What you're seeing is stop losses being triggered, and a bunch of holders are being forced to sell when they really want to. Either, buy a bit more on these dips to avarege down, or just forget about it until the end of the day. You'll see, there's only one direction this is going over the coming months, and £3 will a distant memory.

Wondering if that gap will remain as long as institutional investors aren’t buying on the LSE. There’s only so high the market cap can go when it is driven by ii’s investing their salaries. I suppose that might change when a divi is confirmed (either no or in the summer), and the bigs realise the risk is acceptable. That said, don’t really care as I’m still accumulating for lifetime dividends. The longer is stays undervalued and volatile, the better for me. It is after all a blue chip, bonfire ftse 100 company trading at a 5th of its value.

Thanks Ocelot.

Was never going to take Mirasol seriously. The fact he can’t tell the difference between a company and a license never boded well for his argument.

As I said, it would be nice if someone could offer a balanced explanation for new investors.

In terms of the sidetrack not being hedged, just going on Lucan’s two last interviews, and is written quite explicitly on ANGS website in the Q & A:
“ It would be very likely (asusuming we succeed in obtaining target production from the side track, itself 100% unhedged, and representing windfall gains at present forward gas prices) that the loan would repay earlier, but the hedge would be fixed on that scheduled loan amortisation profile.”

That said, really no desire to have a back and forth on this so tell yourself whatever you need to…

Hi guys

What is the date of the RNS that deals with the 3 year hedge on production from the initial wells.

Also, if someone wants to summarise how it works for the newbies (or in my case not having looked at my ANGS holding for 2 years) that would be helpful. I understand that the sidetrack wouldn’t be hedged.

Enjoyed that little dip. Thought I had enough, but hey ho...

Well, to give some perspective, I spent over £1000 and got 87 Poly shares in late January, and thought it was a good deal (i.e. that the geo-political tensions and uncertainty were nicely priced in). Even a few hundred pounds worth at just over £1 a pop is pretty good going.

I’m just curious about the sentiment. I’ve held a little bit of Poly since 2018. I like the company and always thought it a good, reliable dividend earner (I don’t have enough in my portfolio). Been now buying aggressively from £1.2 (unfortunately missed the sub £1 cause ii wouldn’t fill my order) and managed to average down to sub £3. My plan is to hold my pot indefinitely going forward. It’s not nearly as much as many of you have here, but I’m happy with the risk and it should bank me a few thousand a year in dividends, every year going forward.

Curious to see how many are thinking the same thing and the logic of those who are planning to sell up (at say £10-12). At these prices, can’t imagine ever finding a better dividend earner to balance up the portfolio.

When Chavez seized the oil assets, that was the end of Venezuela's economy for a generation. Risky move. Everyone (and I mean everyone - including the IMF) closes shop and leaves, and no multinational will touch you with a bargepole until a clear regime change. Though it would hurt us, it would be kinda fun to watch all of the Russian iphones and Tesla's not turning on.