Member Info for Peterashbeck

Nice to see that support for mining in Jujuy remains strong. The backing from government and local businesses certainly helps build a positive environment for Ajax and its projects like Eureka. However, it's still crucial for the company to turn this sentiment into concrete progress on the ground. With only a small portion of Eureka explored so far, there’s potential but also uncertainty. Commodity strength can help sentiment, but lasting value depends on what they actually find and develop.

It's tough to see a resolution without one side giving in big time. The back-and-forth hasn't shown much ground being given on either side. With the US military option on the table, it seems like we're heading towards more tension rather than de-escalation. Guess we'll have to wait and see how Tuesday's meeting shapes up.

Yes, I agree. It's about hoping for something to come together before we all move on. Mongolian oil demand is definitely growing, but MATD still needs to make that macro backdrop work in their favor consistently. Heron has helped push them into real producer territory, yet the market isn't fully convinced if it’s enough for a major rerating. It's a bit like electrification—definitely a step up, but the total economics are what really matter in the end.

BubbleButt reading one of your posts is like listening to the ravings of an apocalyptic preacher at speakers corner. They rant with such passion, but as you listen to what they say it becomes increasingly clear that there is simply no reason nor logic behind the words and they are, in fact, quite insane.

Your laughable statement that Angus will need between £32-37 million a year in revenue to break even fits firmly into the “quite insane” category and I am convinced that this will be proved within Q1 this year.

If your lunatic claim is correct then Angus are clearly never going to be able to pay back the loans and we can all expect that Trafigura will call in their security and sell Saltfleetby to somebody else to recover their money. This means that we as investors will lose everything and you will be proved 100% correct in all your dire warnings about the company.

However, if Trafigura do renegotiate the debt then it will be blindingly obvious to everyone that you have not got a clue what you are talking about and you just come on these boards to spout gibberish like it is your own private speakers corner.

It can only be another couple of months until we find out the answer and you are proved publicly to be a total nut job with no grasp of business or economics.

The sword of Damocles hangs over your head due to your own outrageous claims and the hair holding it is going to break sooner or later. When it does I will be here laughing.

Tik tok…

Ok BubbleButt, if you won’t give your figures then I will. You have now claimed at least five times today that Angus need to double production to break even, including in your last post. So let’s work off that shall we.

Just to be clear after giving out todays Q4 numbers we now have the figures available for the whole of 2025:

Natural gas production: 1,582 million scf

Gas condensate production: 27,768 barrels

Crude oil production: 14,249 barrels

Estimated total revenue: £16.09m

So your claim is that Angus need to produce:

3 million scf of natural gas

55,000 barrels of condensate

28,000 barrels oil

And an estimated total revenue of £32 million just to break even?

This seems utterly ludicrous to me and reflects very badly on both your research and intellect. But I guess everybody is entitled to an opinion lol!

"My figures and info for me, not kerlowns like yerself, did giving all good info when they were in the early stages of development, shared it all here, but just like you who has a big gob and no baws, you get nowt from me."

Brilliant - when asked to put up the figures that you have been claiming are so important to Angus you now tell us that they are a secret. It's hilarious. Looks like I was right earlier today when I said that: "instead of asking others to do your work for you why don't you put up your figures up about will need to produce to be a "going concern" . I bet you can't do it..."

It seems that you think that posting in capital letters will pass for actual numbers, which is pretty much what I expected. Well done for matching my (very low) expectations.

"It isn't rocket science Pete rash, they need double the production FACT... I have ALL the numbers and FACTS and that is the minimum they will need."

You keep saying that you have all the numbers and the facts but you never publish your them. Post them up here if you really have them.

Put up or shut up BubbleButt...

"It isn't rocket science Pete rash, they need double the production FACT... I have ALL the numbers and FACTS and that is the minimum they will need."

Bubblebutt, you do know that just posting FACT after you write your opinion does not make it true.

FACT! lol

Bubblebutt, you have been a busy little troll today. I tell you what though, instead of asking others to do your work for you why don't you put up your figures up about will need to produce to be a "going concern" . I bet you can't do it...

Merry Christmas fellow fortune hunters

You can see the tactic from Mirasol already. Criticise everything that is being done even though you have previously criticised for them not doing it, then claim it will be really expensive, won't work and "what about the financing". Then change the subject to something completely different (but also negative) when all your points are disproven. I expect more of the same from the self-proclaimed "industry expert".

It is great fun watching Mirasol contort himself to claim negativity on today's news. I can only imagine that BB will be even more entertaining.

Are you really trying to claim credit for such insights as "workovers are common and necessary" and “The Chairman/CEO is still missing”? A bit desperate no?

Haha Anusol, I knew you’d be back with more of your pathetic deramping efforts - lets break them down shall we.

1) “Workovers are common and necessary” – Thanks for that insight, its really lucky we have you and BubbleButt to point that out to us. It’s probably why they are doing it.

2) “The mention of liquids issues supports BP's interminable campaign to do something about them” – So you and BubbleButt should be congratulating on Angus on doing this then – yet somehow you are not. Strange that…

3) “As usual there is no guidance on costs nor on the hoped for improvement so we'll neve be able to tell if it was worthwhile.” – Well apart from when the production numbers increase in March which will tell us exactly how successful it has all been.

4) “We have to wait until March to decide if it has worked or not.” – No sh*t Sherlock – you expect that it will all be sorted tomorrow? That might be how it works in BubbleButts Walter Mitty oil world but not in the real one I’m afraid.

5) “Income will be negatively impacted for 4 months” – From what the RNS says income will be negatively impacted by 10% in December and 40% in January. How do you get the other two months? Do you have some secret information you would like to share or is it just more made-up negativity?

6) “This makes financial restructuring even more necessary” – Well the fact that Trafigura are specifically stated as supporting the workover seems not just to say that they (as the lenders) think that it is a good idea but also that negotiations on the restructuring are going well. Massive positive here – as is the fact that I is the CFO making the statement.

7) “The Chairman/CEO is still missing” – Once again you point out the obvious. We all know that if a new CEO/Chairman had been appointed then it would have been announced – so I fail to see the point you are making apart from to sow negativity. CFO being front and centre is a very good sign on the restructuring though.

Overall here looking at your desperate attempt at deramping on today’s news I can only conclude that if that is the best you have got then everything is looking really good today! Perhaps BubbleButt will have better luck later, I’m sure he’ll try. Lol.

He's probably working out why a workover is now a bad idea.

Thank you gallder - appreciated as ever.

"or do you just trade the hell out of this share in the background?"

"I hate to be the bearer of bad news Petie but no-one ca n trade this share - its been suspended for months. Did no-one tell you?"

I love the way you post the most simple things and then claim a major insight Anusol, it's very amusing.

I assume that you are not claiming that you were not posting on here when the share was being traded? I also notice that you have not deniied that you were trading the share when it was not suspended. Lol

Whereas I learned that no matter how long you stay away the derampers and their little whatsapp group will still be here, all making their claims to industry expertise and why others should listen to them despite the fact that they are not invested.

Sorry I forgot they ARE all invested even though they claim to have sold a long time ago but they all only have a tiny amount of shares so they cannot be accused of being uninvested.

It 's really curious behaviour. I mean it is obvious that you lost a lot of money on Angus in the past but with all of the CEOs that have been in charge gone I am not sure why the three of you cling onto the hate. Are you just retired, slightly bored and need something to do with your days or do you just trade the hell out of this share in the background?

And what mistakes did you learn from Anusol? Would you like to inform me or shall I just guess?

That would have put me a couple of ranks above you though wouldn't it tea boy!

Calling me Petie, are we doing nicknames now, thats sweet.

But brilliant work Anusol, you've uncovered another post I made two years ago. Genius bit of detective work that. I don't know how you do it. Maybe its your 30 years of expertise in MI5, or was that the CIA, I lose track of all the unsubstantiated claims that you lot make.

Either way, very well done . Its great work. I got something wrong two years ago, I should hang my head in shame and agree that you and your deramping buddies are all correct. I apologies. You were right.

Can I join your gang now? I spent 30 years as the CEO of BP so I should fit right in. Lol