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Meanwhile L2 starting to strengthen. A sign ?

Remaining silent on progress? They gave an update just over 2 weeks ago. Will be concluded this week and announced to the market.

Expect the terms will be attractive and for sure there will be an immediate rerate. RH is very bullish about it being cheap. Look at the CPR valuation to see the clear upside. Exciting few weeks ahead for holders.

Before Christmas

Expect we will get the update this week, has to be before Christmas. We’ll see a surge in the share price very soon.

1.5p I expect pretty imminently.

Oh yeah … 4.5p equivalent. It’s coming

What was the CPR valuation ?

New funding is clearly done deal. How many times did they say so ?

Ultra positive. Bring it on.

I think pipeline connection will be announced this week and refinancing late this week or early next. CPR was the only missing piece of the jigsaw for lender reassurance. Terms should be really good given how positive a position ANGS are now in financially.

Good post Singhie but I have just one question - what did it actually say ?

Off the top of his head

The share price has been underperforming largely because of uncertainty around the short-term debt which the Company took on earlier this year to fund a shortfall in our hedge payments in 2022 and cost overruns on the drilling of the B7 sidetrack. We announced last week the conversion of £3 million of that debt into equity and are actively working to refinance the remaining £6 million bridge loan before the end of this year. We expect to update the market on our progress with the refinance soon. We believe the successful refinancing of Angus’s debt, combined with the strong cash generation potential of Saltfleetby Field and the long-term potential for gas storage will see a re-rating in the share price.

Push has more faces than the town clock, thought everyone knew that. Spouts utter pish on a daily basis too.

Great news but I see it being much higher over the next 12 months.

Are you aye ?

I had another wee top up. Should reach 1p next week

Wagbag im not following your line of questioning. Everything going swimmingly well in the background so fret not. Rerating, powerful one, is imminent.

Wait and see. There is no debt repayment in shares instead of refinance. Fact.