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Why do they need to raise money ? what happened to all the money from selling groc ?

Well according to this we should be rolling it in.

Saltfleetby gas production lifts profits at Angus Energy

BY RUTH HAYHURST ON JUNE 30, 2023 • ( LEAVE A COMMENT )

Gas production at Saltfleetby in Lincolnshire helped to generate revenue of nearly £16.5m for Angus Energy in the six months to March 2023. This compared to £27,000 for the same period in 2022.

Can someone explain why would you drill a well and insert a liner of such a size that no perforation gun was available. ? surely they would have known that before they started.

Don.t know about packaged up. stitched up more like.

Looks like more dilution to me. this won't help the share price recover.

Isnt this part of the crown estates. maybe we should ask the king to intervene after all I believe he has an interest in it.

Ah ten that should make it easier just bung em a brown envelope isn't that how it works.

Reading this it would appear that NRW are moving the goal posts every time Alba jumps through one hoop they invent Another.

after 2 years of these delaying tactics I think its time we take the matter to the government and ask for a time limit.

Yer that makes no sense at all

This dosn,t make any sense the RNS said we were producing from all 3 wells we should be rising not falling ?

Can,t understand why were protecting flying rats its insane

After 6 years we are still waiting maybe if we buy a few owls and stick them in the mine the bat problem will disappear haha

Permanent pipe late summer wtf as drilling the third well had always been the plan from the start I find it incredible that provision for connecting it up was not included when they built the site. something is very off about the whole set up we are constantly being misled wern,t we supposed to be all up and running by 7th of April. now were only just building the pipe ?

Yer something isn,t adding up with this outfit first were ready to co to production then were on a tempory pipe and then Nothing hmm suspicious as hell.

yes I get that the Bureaucracy is holding the job up but I don't see why they couldn't have got on with processing the tailings that they had started sampling , maybe we would have some gold by now as opposed to just down tools & twiddling their thumbs.

covered themselves I dont think so... why announce they expected to connect to the grid by the 7th of April if theres no pipework to do so ?

Then we should be showing an increase if production is being maintained via the tempory connection wouldn't you think

I disagree it matters a lot as we were told it would be online by the 7th April yet we are still waiting in Limbo on the 26th of April and this bloody outfit hasn't the decency to put out an RNS telling us why this has happened. do they wan,t us to think they are jut Liars. .

when does the Licence Expire anyone know ?

Yes But it would be nice for it to happen during our Lifetime.