Member Info for Renegade

P.S.

It is encouraging that we have got a TR-1.

Lol.

So.......

Can we presume that if JTP fulfils all of his loan obligations, that the 14.8M shares which have been disposed of by America 2030 Capital Limited, will need to be bought back from the market and returned to JTP at some future date?

All we need to know now is the terms/details of the loan deal.

What a load of baloney!

Where is the evidence/proof that confirms that JTP would use his shares to "acquire a quick loan to invest in a multi-bag UKOG"?

LMFAO.

This rumour (not fact) was no doubt spread by the Ukog rampathon crew in order to advance the Ukog SP and improve their own financial positions.

Evidence/proof/facts please otherwise it's all speculation.

P.S. Maybe he could have used the loan money to buy MORE Angus shares!!!!!

Now there's a thought.

Rampathon, rampathon, rampathon.

Can't find any comment yet from DL re today's RNS.

As far as I am aware they are buddies. His comments should make interesting reading.

Ja51,

You seem so convinced that you "will never get your money back". I wouldn't be so sure of that if Brockham and Balcolmbe play out as we expect.

As for your comment "there is something rotten about this company". Don't forget that this latest debacle as a result of JT's action and NOT the company.

And there you have it. Why not start your own coracle, weed hugging, pole fishing, Champagne drinking circle. A rival club to the Swampy's called the "Weedies".

Enjoy your day Sir.

Sorry, that should have read:

Which is why I believe that JT "MAY HAVE" made an honest mistake and did NOT intend all this to happen.

Ibug,

I'm glad that you picked up on that one.

If they do sell further shares without informing Angus, how can Angus ever be accountable if they are not made aware?

Which is why I believe that JT made an honest mistake and did NOT intend all this to happen.

Ja51,

I see that you're still here. Don't you have any tree hugging camp fire sing song parties to attend today? Silly me, I forgot. You're on a fact finding mission for Ruth's next article?

Lol.

Pboo,

They were probably hedging their position and in doing so, getting some of their loan money back.

Sell 10M now. Hold the rest pending an SP increase.

Any further sells should be notified by TR1 action.

And.....

The Company understands that Mr Tidswell-Pretorius is taking legal advice in relation to his rights in connection with the transfer of his shares.

IMHO, this suggests that JT thinks that he has been wronged.

Expect an order for 10M shares please.

Lol.

The key point is:

Mr. Tidswell-Pretorius will continue to work for the Company as its non- Board Operations Director, responsible for progressing all the Company's oil & gas operations.

Phew, nothings really changed. Roll on Brockham and Balcolmbe.

Angus Energy announces today that, following the recent PDMR disclosures, Jonathan Tidswell-Pretorius has stepped down as the Company's Chairman with immediate effect, in conjunction with which, Mr. Tidswell-Pretorius will no longer serve as a Director of the Company.

Cameron Buchanan, currently a Non-Executive Director, has agreed to serve as Acting Non-Executive Chairman with immediate effect.

Mr. Tidswell-Pretorius will continue to work for the Company as its non- Board Operations Director, responsible for progressing all the Company's oil & gas operations.

Per the Company RNS of 3 July 18, the Board will continue its investigation into the potential violation of any relevant regulations in addition to the Company's Share Dealing Code which was not complied with in this case. Pending the results of this investigation, if completely exonerated, Angus Energy will consider re-appointing Mr. Tidswell-Pretorius to the Board as an Executive Director. The Company will update the market in due course.

The Company understands that Mr Tidswell-Pretorius is taking legal advice in relation to his rights in connection with the transfer of his shares.

Included below is the PDMR disclosure as required by Article 19 of the EU Market Abuse Regulation.

Acting Non-Executive Chairman Cameron Buchanan said, 'Angus Energy takes these circumstances and all matters of corporate governance seriously. It is our solemn duty to act on behalf of our shareholders at all times. The Board has complete confidence in Paul Vonk to lead the Company forward and that he will continue to be supported by Mr. Tidswell-Pretorius during this particularly exciting period for our operations."

Baits,

How about an honest mistake.

He took out a loan but may not have read the small print.

We've all done something similar.

Who's to say that JT isn't buying back his shares now?

SP stabilizing a bit.

Panic over?

Nope.

And.....

You are all forgetting that Paul Vonk still holds 15000000 shares.

Last time I checked, JT and Vonk both worked for the same company.

In the words of Russ Abbott:

https://www.youtube.com/watch?v=RFPLk5mJ1D4

For now, I can only assume that:

1. JT never intended this. It could be that it's a genuine mistake on his behalf.

2. JT knew what he was doing.

3. JT may have been scammed.

4. JT needed money quickly (it could be personal, a family emergency, better investing opportunities, to pay off other debt's etc [and that's his business not ours]).

5. With plenty of possible good news around the corner and a likely surge in the SP, who would (certainly I wouldn't in his position and with his internal knowledge) sell their shares right now? No one with sound mind I guess unless they needed the money (for family reasons, I would even sell the dog).

P.S. It would have been reassuring to read in today's RNS that Paul Vonk still retained all of his shares.

P.P.S. Of Course there is always the possibility that there is no oil in any of Angus's licenced fields as it's all currently being sucked out by Ukog.

Lol.

What stops JT from using the loan money (or part of it) to buy more Angus shares?

Are we in a closed period?

BTW, no mention of Vonk's holding. Does that remain unchanged?

Alternatively (and still hypothetically of course), has JT got his eye on another opportunity in the Weald?

Until we know the full details of the loan deal, it's all pure speculation.

SCC Planning Meeting is 5 weeks today.

Yawn.

Ukog Shares - 5,207,240,526

Angus Shares - 316,115,312