We would love to hear your thoughts about our site and services, please take our survey here.
This is the beginning of the big re-rate. Ownership of Schlumberger's block, the world's biggest oil services company as our keystone investor and $1.25 million in cash (oil at $44 per barrel).
This is the deal of the century.
Closing over 4p is a sign that this is now the support level from which the company can make the next step up from.
Any more pearls of wisdom such as "The loan company are just in to make money on interest payments" you want to share with the board gkb?
It's been a nightmare day (again) for the AAAG, but a bloody good one for Angus Energy.
£1 million raised in less than 100 minutes, is good going by any standards. That's £10,000 per minute.
Ha ha, the AAAG mugs are tearing themselves to bits this morning in the face of today's news. For all their so-called expertise Alan and gkb have been exposed as knowing nothing about Angus and nothign about oil and gas.
They claimed that SF would never make any money yet Angus are putting in a £12 million debt facility supported by the SF cashflow.
No wonder their little protest group never got anywhere. Absolutely laughable.
Alan, you are coming on here again and giving it the whole chat as if you know what you are talking about but you don't do you?
You posted for months and months that by your calculations Saltfleetby could not make money at any sensible gas prices and that even if it produced gas it would be loss-making.
Yet here we have Gneiss Energy who are industry experts putting together a £12 million debt package for Saltfleetby. They would not waste their time doing this if SF was not making money to service the debt. Nobody would.
So you were wrong again.
Give it up mate, you clearly know nothing about oil and gas. No wonder the AAAG have failed so dismally if they were relying on you.
Alan - I thought since you had gone crying to admin about me posting the history of you ramping Angus as you requested that you would not like me to post them again - however, if you would like to request that I repost everything then just say and I will happily do so.
Especially when some of them used to be the biggests rampers of this share back in the 30p days.
Alan, you seem to be working on the basis that somebody who joined in 2020 could not have been reading and keeping a record of the rampers before then. I can assure you it is perfectly possible to read the board without being a member.
You really thought that all of your ramping history had gone away when it slipped off your online history. Schoolboy error I'm afraid...
I notice that you have not actually denied that you have made these posts because you didn't you. I am sure that admin will be able to see this too as I suspect that their records go all the way back
Alan every opinion you have expressed on Angus has turned out to be wrong - from when you were ramping it at 30p+ to when you were defending Paul Vonk's disgusting "turn the taps on" comments to when you were suggesting that Rupert Labrum was colluding with the board to take the company private.
You have no credibility left. I'm afraid and nor do your AAAG buddies. Stick to making tea.
I'm going to ask the standard question of whether the company has heard from Real Analyst and the AAAG this month.
Any guesses on what the answer will be?
And here is gkb47 an AAAG founder member trying his hardest to spin the good news of a saving of over £500k on decommissioning into a bit of bad news again.
Inevitably he will be wrong, just like he and Alan were when they tried to imply that Rupert Labrum was working with the BoD to take the company private.
Do the AAAG ever get anything right?
Alan 2017
19th Jan 2019 "You can’t blame Vonk for the missed deadlines"
11th May 2019 "not sure how many times I had to clarify this...but here goes one more time....Turn on the Taps is a standard oilfield expression for a well that has already been drilled... So Mr Vonk was quite correct in what he said. "
And what about your deramping conversation with your fellow AAAG member gkb47?
Alan, you and gkb47 spent quite a lot of time discussing how you believed that Rupert was in league with the board to take the company private. The chain of your posts makes very interesting reading:
On 20/04/2020 gkb47 first mentioned this idea: "Interesting thing is that if Knowe Properties do convert then in concert with JTP and maybe Rupert or JDA they would be over 30% and could then launch a takeover."
You then further elaborated later.
At 09:59 on 14/07/2020 Alan2017 posted: "gkb47 - what is Knowes current share %?"
At 10:12 on 14/07/2020 gkb47 replied: "Alan 10.02% - It would go to about 27% if they fully convert that loan, less % though if there are more placings along the way. It means that with the % holdings of JTP and JDA then they would have over 30%. I have often wondered what the end game was here."
At 10:12 on 14/07/2020 Alan2012 said: "gkb47 - Don't forget Ruperts slice of the pie either. Didn't Clanwilliam take an oil rig company private when he was Chairman?"
At 10:12 on 14/07/2020 gkb47 replied "Alan - you know very well he did and you know we know it too. I always thought it odd that one of the first things LL did was to bring him in, I mean look at his track record?"
Another example of you and the AAAG trying to mislead the board with erroneous information and YET ANOTHER example of you getting it wrong Alan.
Alan every opinion you have expressed on Angus has turned out to be wrong - from when you were ramping it at 30p+ to when you were defending Paul Vonk's disgusting "turn the taps on" comments to when you were suggesting that Rupert Labrum was colluding with the board to take the company private.
You have no credibility left. I'm afraid and nor do your AAAG buddies. Stick to making tea.
gkb47 - I think that you should post your own question on the Angus site. The reason you don't is because you are not interested in the answer, you simply want to slate the company.
As I was looking through the comments of some of the AAAG derampers here I found a lovely little comment from Yorkshire Life about Rupert Labrum:
"Bear in mind that there's nothing stopping "Rupert Labrum"... loan out Anguish Energy shares to short.... Rupert is well within his rights to make money this way at private investors expense - and as a former trader... will take EACH and EVERY opportunity to do so IMHO ;-)" - this was posted on 19th December 2019
It would seem that it was the AAAG who originally identified Rupert as a trader and have conveniently forgotten about this and are trying to change their message to play him as some kind of cornerstone investor. Unfortunately for them all of their posts are archived and they are exposed by their own comments!
Apologies to Ratsass for the "impertinence" of pointing out this inconvenient truth.
Actually as I look back on previous posts it seems like Rupert was previously the poster boy for the AAAG accusing the Angus board of trying to take Angus private.
Look at this quote from tea-boy Alan exactly one month ago today:
"gkb47 - Don't forget Ruperts slice of the pie either. Didn't Clanwilliam take an oil rig company private when he was Chairman?" (14th July 2020 - look it up in his history)
So from the AAAG's point of view Trader Rupert was previously part of a diabolical plan to take Angus private and now he was a very serious investor whose sale is bad for the company and not simply a profitable trade for him.
Make up your minds lads as you are making yourself look rather stupid here and meanwhile the share price not only comfortably absorbs Rupert's trade but it also keeps on going up.
There is no way fair value in this has been reached yet. This is just the beginning.
Agreed Sageman - if you go back and look at Lucan's recent interviews he even refers to Brockham as a duster and it and Lydsey as "legacy assets". The focus of this company is solely on Saltfleetby and Balcombe and shareholders old and new would do well to remember this.
Vonk (and his supporters) screwed up Brockham and Lydsey. Lucan is making a massive success of Saltfleetby. Balcombe is just a nice exploration gamble with no downside (the oil is definitely there, it is just how much flows).
Those who pretend that any value in Angus comes from Brockham or Lydsey are simply idiots or those who cannot let go of Vonk's dream. They are the past Saltfleetby is the future - as the Shell deal is showing us.
Alan was a massive ramper of this share a couple of years ago and is now a member of the Anti-Angus-Action-Group (AAAG) who are deliberately trying to undermine the company. Just a couple of weeks ago he was saying that Saltfleetby was a failure and would never make money yet here we are with a Shell offtake agreement.
Alan was a big Paul Vonk supporter and memorably said:
"Turn on the Taps is a standard oilfield expression for a well that has already been drilled and therefore you don't need to build in the financial / time factor of drilling the well. So Mr Vonk was quite correct in what he said. " (check his history 11th May 2019).
Alan portrays himself as an oil industry expert yet seems to get most of his comments relating to Angus very very wrong. Very interestingly, when they were asked about him directly Angus said about him is that he shows "some real knowledge interspersed with some very real gaps in their technical understanding".
I think that they are being kind and his only knowledge of the oil industry is how those who did the work take their tea.
Milk no sugar please Alan and don't screw it up this time.
I loved Brokerman Daniel's post today: https://twitter.com/BrokermanDaniel/status/1293533654019383296
I am no fan of BMD but at least he admits when a company releases REALLY GOOD NEWS.