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The Math: You say a 1p target requires a near 400% rise 'on what?' Let’s do the basic market cap math. At the suspension price of 0.245p, the market cap is a tiny £12.22m. For the stock to hit 1p, the market cap only needs to reach £50m.

Now look at the actual company numbers. Angus just pulled in £5.65m in revenue for Q1 alone, putting them on a run-rate of well over £20m a year. In the oil and gas sector, a company with stabilized production, massive strategic infrastructure value (Project Union pipeline corridor), and £20m+ in revenue trading at a £50m valuation isn’t a 'wet dream'—it’s an incredibly cheap valuation of less than 2.5x revenue.

The 'Captainless Ship' Myth: Claiming the company has no captain is completely wrong. Richard Shrimpton has been serving as the Executive Chairman, actively steering the company through this exact restructuring alongside a renewed management team. Lenders like Trafigura don't spend months negotiating multi-million-pound binding agreements with a ghost ship; they do it because they are working with active, competent corporate governance.

You can keep shouting 'NADA in the pot,' but you are ignoring the fact that the old cash drain was entirely caused by the 42p hedges that are now legally dead. The data is right there in the RNS—ignore the structural turnaround all you want, but the numbers don't lie.

BP - You are confusing gross revenue with net cash generation. There is a night-and-day structural difference between a £5m-£6m quarter in 2024 and a £5.65m quarter today:The Hedge Reality: In 2024 and early 2025, Angus was completely choked by legacy hedges forcing them to sell 1.25 million therms a month at a measly 42p. Even when gross revenue looked okay on paper, the realized hedge costs were draining millions out of the pot every six months. Where the Cash Goes Now: Those 42p hedges are dead. For Q1 2026, the company achieved an estimated £5.65 million in revenue with vastly improved margins. Look at the March hedging update: our locked-in hedges for April, May, and June 2026 are at 141p, 135p, and 127p per therm respectively. Operational Efficiency: During those past 24 months, the field was plagued by booster compressor delays and unstable wells. Today, the post-workover production has stabilized with a 30% uplift. No one is saying there hasn't been historic mismanagement or poor cash retention under the old structure. But claiming that making £5.65m a quarter with 130p+ hedges behaves the same way as making £5m a quarter while leaking millions in 42p hedge penalties is just factually incorrect financial analysis. The restructuring is designed specifically to capture this massive margin difference for the balance sheet.

Gmed that’s a fair question, but the 'who will own it' part was actually addressed by management in the March 19th RNS.They explicitly stated that once the definitive documentation is finalized, they will be 'sending a circular to shareholders to approve the plans at that time.' If this were a standard debt-for-equity swap where existing equity is wiped out or handed entirely to lenders, it wouldn't be structured as an orderly corporate refinancing requiring an ordinary shareholder vote via a circular.Furthermore, Trafigura, Forum, and the ORRI holders aren't vulture funds looking to run a small-cap gas company; they are commodity traders and major finance partners. They want their £29m debt structured sustainably so they can collect their interest and principal from Saltfleetby’s robust monthly revenues (£5.24m in Q1 alone). The lenders are acting as commercial partners even exploring joint gas storage options at the field with Angus. The riches aren't being stolen; the balance sheet is simply being reset so existing equity can finally trade freely on strong production and higher gas prices.

Actually, it fits perfectly. DESNZ’s Hydrogen Storage Business Model (HSBM) criteria explicitly highlights the repurposing of existing oil and gas (O&G) infrastructure.

The government isn't looking to fund completely new, unproven geological digs from scratch when they can use mature, existing assets that are already safely managing high pressures and are hooked up to the National Transmission System.

Offshore Energies UK (OEUK) and DESNZ have both emphasized that utilizing existing fields like Saltfleetby offers massive economies of scale. It means:

The geology is already mapped and proven (we know it holds gas securely).

The pipe infrastructure to the national grid is already built.

The local planning and safety cases for handling hazardous substances are already established (which is exactly why Angus applied for Hazardous Substances Consent at the B-site recently).

Saltfleetby won't be storing fossil fuels forever; the long-term plan is to transition the asset into a strategic low-carbon storage reservoir (whether for Natural Gas, Hydrogen blending, or CO2) right along Ed Miliband's fast-tracked East Coast pipeline corridor. It's the ultimate 'fossil-to-clean-energy' conversion project, which is exactly the kind of transition DESNZ wants to fund.

While the market is fixated on the lawyers finishing the Trafigura debt paperwork, the Department for Energy Security and Net Zero (DESNZ) has quietly been dropping massive policy updates that play right into Angus’s hands.

​If you want to know why management applied for that Hazardous Substances Consent at the B-site recently, just look at what the UK Government is doing:

​The £500M Storage Pot is Locked In: The government has officially ring-fenced over £500 million for regional hydrogen transport and storage infrastructure. Crucially, DESNZ specified they are prioritizing "mature storage assets." Saltfleetby isn't a theoretical drawing on a whiteboard—it’s a fully operational, high-volume field already hooked up to national grid infrastructure. That makes it a premier candidate for state-backed infrastructure support.

​The "Hydrogen to Power" Business Model Launch: DESNZ just kicked off its official market engagement for the new storage payment models. The government openly admits that wind and solar cannot protect the UK grid during winter wind droughts. They explicitly state they need "inter-seasonal, long-duration energy storage." That is exactly what Saltfleetby's geology offers.

​Shovel-Ready Advantage: The government's current Call for Evidence on grid flexibility emphasizes fast-tracking commercial storage. Because Angus didn’t wait around and already initiated the local planning/hazardous consent process, Saltfleetby will be uniquely "shovel-ready" when the formal allocation rounds open later this year.

​The Takeaway:

The government is fast-tracking a multi-billion-pound green utility network, and Ed Miliband's recently approved 420km East Coast pipeline corridor runs right past our front door.

​We are staying suspended at 0.245p simply because of legal drafting delays. In the background, the underlying asset value of Saltfleetby is getting heavily upgraded by national policy. Once the debt signature lands and trading resumes, the wider market is going to realize ANGS is sitting on prime, irreplaceable national infrastructure real estate.

DON'T BE! 🇹🇿 Seeing people get nervous because the RNS feed has gone quiet on the Tanzania farm-out. Let's remember how the big leagues operate: The NDA Blanket: PVE Consulting was hired just a month ago. Their job is to bring in major industry players to look at the data. To do that, companies must sign strict NDAs. Absolute silence is a legal requirement right now. No news means serious business is happening in private. 3–6 Month Realistic Window: Major multi-million-dollar development 'carries' do not close in a few weeks. The data room review and due diligence process take time. Realistically, expect the bidding tension to mount over the summer. Fully De-Risked Asset: We have the 480km² Mining Licence signed alongside the Tanzanian Gov, and we have a proven 5.5% helium flow rate in the bag. PVE is holding an absolute royal flush of data. Relax. While the big corporate deal brews in Tanzania, our US operations with BNL are actively ramping up steady-state cash flow. The fundamentals have never been tighter!

The RNS confirms the counterparty is a "premier, publicly listed corporation in the United States with a multi-billion-dollar market capitalisation" holding a "strong investment grade credit rating."

Has there been a share consolidation ?

​HE1 didn't just hire a 'consultant'—they hired the guys who opened up the East Africa Rift!

​The PVE Track Record:

The Big Boys: These guys have closed deals with Kosmos Energy, Talisman, and Heritage Oil. They speak the language of the 'Supermajors.'

African Specialists: They have 25+ years of experience in West and East Africa. They know exactly which companies are looking for 'Strategic Minerals' like Helium.

The 'Data Room' is Professional: This isn't just a folder of PDFs. PVE runs structured, high-level mandates to get the BEST price for a farm-out.

​Why this matters for 1p: 🎯

Institutional investors trust PVE. If PVE is leading the farm-out, it means the 5.4% helium data is real and bankable. We are no longer 'selling hope'—we are selling a professionally verified, government-backed asset!

The Government is "In": By signing this, the Tanzanian government has officially taken their 17% free-carried interest. This is great news because once the government has skin in the game, they are incentivized to move approvals, permits, and infrastructure fast. It’s the ultimate "de-risking".

Government-backed Strategic Partner" is the primary driver for a fundamental re-rating.

Big trades something happening...

Toffers filtered and dont forget to close the door on your way out...if not invested he will be playing the violin to get cheaper entry.

Https://www.scientificamerican.com/article/the-iran-war-disrupts-global-helium-supply-and-artificial-intelligence-chip/

Mm going shopping so desperate Lol

BNL is currently trading at A$0.007, having already touched A$0.008 (+33%) this morning! 🚀 Volume is absolutely massive at 85 MILLION shares.

Here come the mm shopping hours hold on to them shares!!

Https://www.tomshardware.com/tech-industry/qatar-helium-shutdown-puts-chip-supply-chain-on-a-two-week-clock

The 'Majors' are watching. Look at the Board: We've got an Exxon veteran (Nishant Dighe) who knows exactly how the big boys play.

The recent cleanup of the balance sheet in October 2025 wasn't just for fun—it was to make the company 'Takeover Ready' for a clean bid [3.5]. With Qatar offline and HE1 sitting on 9.2% Helium, the Directors' contracts are already set up to reward them for a Change of Control.

They’ve packed their bags, they’ve cleaned the house, and now they’re just waiting for the right buyer to knock on the door. At 0.74p, we are buying a seat at the table of a strategic global asset. 🚀💰

HE1 isn't begging for a partner they are picking one.