Member Info for RedbullRJ

In the last week, 27/2 - 5/3/23, the port has only done 40% of the previous week's tonnage. There seems to be no logic to the pattern of "big weeks" to "small weeks" with big differences week to week quite common.

Re post from yesterday for those that didn't see it (It's a shame that the most recent was the beginning of this week not the end):

On recent figures only need to get to around 37p+ to get back into FTSE250 at the June reshuffle

http://www.stockchallenge.co.uk/ftse.php

https://twitter.com/angusenergyplc/status/1631300093323214848?s=20

On recent figures only need to get to around 37p+ to get back into FTSE250 at the June reshuffle

http://www.stockchallenge.co.uk/ftse.php

Can easily sell 2m in one go, unusual if bad news? Massive tree shake, I hope.

Am I correct in believing this means no need for a raise in the next 12 months and that future years cash flow can be used to fund the build out of the Company's portfolio?:

"c. £173 million is expected to be deployed in the next 12 months. As disclosed in the Company announcement on 17 February 2023, the Company currently has c. £144 million in cash or cash equivalents. The Company intends to employ its current cash balance and a level of debt in line with its gearing policy to meet the capex requirement to complete the construction of its portfolio."

Port busy so far this week. RBCT coal price up yesterday and again today. TGA share price also up :-)

https://www.barchart.com/futures/quotes/LVH23/overview

Possibly influencing prices today:
https://www.miningweekly.com/article/china-coal-mine-disaster-may-hit-supply-as-demand-recovers-2023-02-23/rep_id:3650

80% of last weeks total tonnage arrived already today!

https://www.marinetraffic.com/en/ais/home/centerx:32.055/centery:-28.814/zoom:15

Approx. £1.14 required for FTSE100 atm. Fingers crossed for great results.

http://www.stockchallenge.co.uk/ftse.php

Tesco Bank for sale?
https://www.google.com/amp/s/news.sky.com/story/amp/supermarket-giant-tesco-to-explore-sale-of-banking-arm-12813796

HowardW
Yes, I use Marine traffic as my main source and have used it for many years for another unrelated purpose. Smaller bulks normal take around 24 hours to load and bigger Capesize 48+ hours, so once a day with a quick 2nd glance catches all vessels. I do use other sites to fill in gaps , as sometimes there are issues, such as yesterday, when "Las Palmas" was showing as being in the port entrance, but was actual already docked at the quay and just showing as an identified cargo vessel, therefore it was the likely culprit, but needed to be verified.

I appear to have cause some stress on this normally easy going board, this was not my intention, just trying to share knowledge, hopefully this will restore calm to those interested in the details:

AKIJ MOON 9300506 55953 MU PLU 6/2/23 15:08 IN MNL 7/2/23 15:56
HELLENIC C 9618680 81805 JP UBE 6/2/23 19:15 LK TRR 7/2/23 23:53
GREEN K MAX 3 9838072 80883 IN HAL 7/2/23 10:56 IT CVV 8/2/23 18:27
EASTERN GARDENIA 9553220 56556 BD CHI 8/2/23 10:04 KM YVA 9/2/23 3:55
AFRICAN PHEASANT 9846330 63507 MG TOA 9/2/23 19:05 MU PLU 10/2/23 15:26
VENIA 9221229 171448 IN JGD 9/2/23 23:47 IN DMQ 11/2/23 21:53
K.TAEAN 9708605 151151 KR TAN 10/2/23 1:22 SG SIN 11/2/23 22:52
SHANDONG DE CHANG 9872054 180601 CN BAY 12/2/23 8:51 TW MLI 14/2/23 19:43
NAVIOS SOL 9545170 180274 CN HUH 12/2/23 12:26 IK AKL 14/2/23 20:55

SEMIRIO 9406893 174261 CN YTG 15/2/23 7:32
GREAT SUI 9507532 178978 CN SHG 15/2/23 23:45
STAR CENTAURUS 9594585 56559 IN TUT 16/2/23 0:36 JP UBJ 17/2/23 4:24

The limit for our exports is the rail line.
The port can handle approx double the current tonnage.
As I am unable to track tonnage railed into RBCT, the only way for me to get an idea of current railings ahead of results, when the rest of the market finds out, is the amount leaving the port.

It is true that TGA exports are only a portion of RBCT totals, but it is a good guide and the information has stood me in good stead with my TGA evaluations and has been well worth the effort considering the sums of money involved.

IMO, while there have been signs that things may improve with TFR, at the moment it seems they are taking longer than expected and with the coal price much lower, I'm currently out and preserving capital, after an exceptional run since the demerger.

https://www.miningweekly.com/article/mps-to-transnet-fix-this-mess-you-are-creating-for-the-anc-government-2023-02-16

https://www.miningweekly.com/article/ramaphosas-investment-czar-says-south-african-infrastructure-in-dire-state-2023-02-15

atb
RB

Edward

The movements I have logged for this week are:

Arrivals into RBCT:

SEMIRIO 15/2/23 07:32
GREAT SUI 15/2/23 23:45
STAR CENTAURUS 16/2/23 00:36

all 3 still in port at time of writing

Departures from RBCT
SHANDONG DE CHANG 9872054 14/2/23 19:43
NAVIOS SOL 14/2/23 20:55
(Both arrived on Sunday 12th February)

FYI, on my records I count tonnage when it arrives, with each week starting Monday morning, ending Sunday night

If you think there are any ships my source has missed, please provide name and/or IMO and I can add them to my spread sheet.

Thanks
RB

Unfortunately they are the only 3 ships that have docked since Monday morning and add up to approx. 410kt DWT. For RBCT to get back to 2021 export levels, we need another 720+ kt DWT before the end of Sunday and so far this year that hasn't happened in any week.

Video on the tweet is working now:

https://twitter.com/angusenergyplc/status/1625482968327241731?s=20

14 February 2023

Angus Energy Plc

("Angus Energy", "Angus" or the "Company")

Balcombe Planning Appeal Successful

Angus Energy (AIM: ANGS) is pleased to announce that, further to its RNS of 2 March 2021 and 2 August 2021, its appeal against the decision by West Sussex County Council to refuse permission for an extended well test at its Balcombe oil site has been upheld.

Angus Energy has a 25% interest in the Balcombe field discovery (PEDL 244) targeting the Kimmeridge limestones. The Balcombe 2Z horizontal sidetrack was drilled in 2013 and permission for a flow test was granted in 2018. The test evidenced a definitive oil show with high flow rates for short periods.

The planning permission expired prior to the completion of clean up operations leaving a quantity of, what the Company subsequently determined to be, left-over drilling fluids from the 2013 operation.

Hence a new planning permission was applied for in 2020 in order to complete the clean-up exercise and follow with an extended well test.

As a consequence of yesterday's decision by the Planning Inspectorate, the Company is now capable of pursing this well test subject to satisfaction of planning conditions noted in the Appeal Decision as well as the determination of the variation to the Environmental Permit by the Environment Agency which we understand to be imminent.



END.

Today's RBCT March price available early:
https://www.barchart.com/futures/quotes/LVH23/futures-prices

Port has been quiet so far this month, after a 2 busy weeks at the end of January
https://www.marinetraffic.com/en/ais/home/centerx:32.055/centery:-28.817/zoom:15

30/01/2023 30/01/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3100 31/01/2023 12:01:01
30/01/2023 30/01/2023 System Entry Energy, Saltfleetby, D+1 1786667.0000 31/01/2023 12:01:01
30/01/2023 30/01/2023 System Entry Volume, Saltfleetby, D+1 0.1558 31/01/2023 12:01:01

31/01/2023 31/01/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3500 01/02/2023 12:01:01
31/01/2023 31/01/2023 System Entry Energy, Saltfleetby, D+1 1805556.0000 01/02/2023 12:01:01
31/01/2023 31/01/2023 System Entry Volume, Saltfleetby, D+1 0.1573 01/02/2023 12:01:01