RE: Lady of aim tweet - BIG DEAL FOR ANGUS?19 May 2025 19:11
I don’t think either of these comments have the sound and feel of a company going bust and leaving shareholders with nothing.
we remain positive about the long-term potential of the field and our financial position will improve after June when our 2021 hedges which are well below market finally roll off.
Completion of this transformational transaction would represent a major strategic development for Angus Energy, with a significant increase in reserves, production and positive cash flow