News ahead….23 Jun 2025 21:43
So we have a few things to look forward to ..
1. This week hopefully an update on the refinancing terms. Accompanied with a forward plan for SF workovers.
2. Most likely this week an update on the transformational asset purchase.
3. Potential guidance on drilling of new wells.
4. Confirmation of the hedges ending and new commercials.
5. Latest Monday, interims which will give a clear picture.
6. Board update and outlook.
I am expecting that this flow will start this week and not with the interims but, for sure, we are going to have a lot of clarity and reassurance very soon. Maybe there will be dilution but what is important is that we get the production increased and funding will take care of that - this should set ANGS on the way to a realistic mcap of 50-75m. Asset purchase is the cherry on top.
Don’t forget this bold statement a week ago… He was responsible for the refinancing of the Company and has set Angus on the course for future growth. You don’t make such a statement if funding not sorted and a growth plan about to be executed.