Member Info for patrick7

Morning Bubblepoint. You seem a little exacerbated. I can only hope, as many can for the best that the suspension will be lifted. As time drags on it is not worth getting worked up. Once you've lost your money let it go & move on. if & when they relist, cut loose & sell your shares my friend before you give yourself a heart attact. This Mile stone may or not come but for know it feels like a millstone. So that's it.

I Guess trades are a little thin on the back of Trumps tropes over Iran. Other than that a trade is still a trade weather it's red or blue.

Morning BP. I hope that Things are well with you & As the sun is rising over where I live there is a forlorn hope for many in Angus. As things stand I agree with what you have said. It has passed the time of year to be picking mushrooms. Although Angus has left it long for an update to any good news. The company needs to stop feeding off just the good will of the private invester, stop treating us like mushrooms & Get on with an Update to resolve this sittuation.

I believe there has been talk about this hole in the ground being very useful. Trafigora has its potentail.

There sill room for improvement on production?

Well it's dipped again . Might of been good for a short? still I'm happy just to wait.

Thankyou everyone for your comments. It seems to me saltfleetby is an asset if the BOD can do its job & comeralize it for futher use. Angus has reasently added two new board members & with the on going interest of its leaders it leads me to believe that doing nothing is not in anyones interst. the case for Saltfleetby still has further to go. Even if it is just for the tine being more drilling for gas. Maybe from pass experance they will do a better job of it this time.

The problems around production of hydrogen are being overcome. I believe the use of hydrogen for energy use would bring down the need for investment & the aggrevation caused by having to update the grid to the level the goverment wants. Cars would be enabled to run on hydrogen. In many ways the use of hydrogen has its advantages. The main disadvantage has been around cost.

https://www.msn.com/en-gb/news/world/hydrogen-energy-the-next-big-thing/vi-AA1JXoh5?ocid=socialshare

WG818 whilst your comment is a narrow part of the over all RNS, I found what was written to be informative & like any point of view should be looked at through a wide angled lens. This share is a punt & you shouldn't risk money you are not prepared to loose. On the other hand the SP is low & there is some hopes for better net profits in the future.

Any ways it's good to get news. GLA.

It's been a while since the announcement of the reverse take over. In the absence of an RNS I would like to thank 'ocelot' for the link from Malcy's Blog. I would also like to know how the reverse take over would work? If we are to purchace These assets , does that mean we are to pay with shares or maybe a combination of cash as well? If there is to be any payment involving shares then I would expect an RNS stating that before they proceed. In the case of Aren't Trafigura also to be involved in the talks with the deel,making this a longer time to go through until final agreements are reached ?

Hits, are you meaning to say +' he knows'. or did you just leave that off for a further discussion whilst we wait for news?

Thanks BP for your reply. I didn't get back to you earlier because I believe you are right & it's a waiting game now. I've been around putting up a large TV on the wall, Yesterday, around my 83 year old mothers'. Today I caught up on your message & thought I should reply. Personally I don't waste my time, as the weather is good to rely to negative posts. I do however think an Rns will come when they have sorted out the flow rates. What will happen after that may include more drilling into the field for more gas?

IMO.

Your analogy from a past post seams to be playing out Bubblepoint. The Question maybe now til the balance achieved at what Rate & by when for a steady flow.

with a field like this would you expect a lot of 'Banked condi' would take sometime until there is even pressure to maintain even gas flow?

Thankyou for printing these figures. Still there is an increase & there is more to come perhaps. I trust Mr Herberts Handling of Angus & hope for a turn arround in the SP. That being said I will be interested to know more from the chairman about what Angus is doing about the run up to June. I wonder if the details of the new hedge will be printed by way of an RNS?

gla

Points to look towards.-

In line with this strategy, we have completed the geological remapping of the Saltfleetby Gas

Field, enabling us to produce an updated dynamic reservoir model calibrated with production

history data. With this data we are able to select the best targets for infill drilling opportunities

to accelerate production. Geologically the Saltfleetby Gas Field also has gas storage potential

and has been identified as the best hydrogen storage reservoir candidate onshore in the UK

and 3rd best, including offshore fields. Energy security is high on the Government’s agenda,

and we will continue to work with all stakeholders to assess the viability of storage

opportunities covering hydrogen (production and storage) and carbon capture schemes.

&

With the legacy hedges rolling off in June 2025 the Company looks forward to the benefit of

substantially higher free cashflows. After the installation of the booster compressor is

completed, the Company will turn its intentions to drilling a fourth well at Saltfleetby,

increasing production and adding value for shareholders.

these are just two points there are other possabilties that may occure going forward not yet mentioned.

Mirasol, thankyou for your production results. Given that the new booster compressor was installed on the 11th of April there are a few days of production missimg from the list of figures you posted on the 14th of April. I believe that there has be an increase & there may be further increases to come. There are also new hedges to start in June giving Angus more profit on gas sold. Yes the field is Going to be eventually depleated put before that Angus Has mentioned about more wells being drilled to give a further production of gas. Then there is the value of the field being used as storage for what ever use. I have to agree that Angus could be an interesting stock for the next year pluss.

5. ending in June of old hedge

Judging on some of the figures from the annual report, it seems to me that the production figures are up & looking forward we are moving on to a postion that will generate profit. Booster compressor, the end of the old hedge, a plan for a new drill for well no 4 & several plans to increase production at Brockham. Much of the liabilities have decreased so harping on about the past, like some do, is obscuring the potencial into kanetic energy.

I am waiting for the RNS about the booster compresser first then there are more events to follow. Not many trades in my opion means many share holders are waiting for these events to happen.

GLA.

Thank you for your possativity, Bubblepoint, looking around the corner to the future. To me some of the restrictions on the SP are due to fall away. Further drilling may also lift share price if successful. Concidering they have experance from the last side track drilled there chances of success will be better.

OOfy, don't you think the situation wil change after the end of the first hedge, the addition of new compressor, an increase in cash flow given by the better & more dynamic deal on the loan? The deal offered us more for less with reduced amounts of hedging. With current revenuse Around £20m with a decreasing principal amount to the debt The company is turning the corner. I don't know of the blind corner you are looking for.