Another 40 million sell printed. Explains the sp being held down here. Hopefully that's them out now and we can move back to where we should be pre news.
Only 20mph winds actually. That's barely anything. They are using a Crawler crane which can be used up to 31mph. I doubt this would affect operations, same with rain. Forecast for a top of 23mph over the weekend so they should be fine. They have all this kit delivered, it all costs money. They will be getting on with things.
The company is at the early stages. Planning and strategic. The coming months is where it will transform into the next phase of proving up their assets, production and cash flow. Rome wasn't built in a day. All this is due.
looking good - buy signal triggered at 11.6p https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=ANGS.L Lots of equipment on site - this costs money, they won't be leaving this stuff lying around. All hands will be on deck getting this Well into production now. Expect the weekend will be much activity and Monday morning people will be scrambling to get in. This is around the time people on the side lines will be planning to jump in.
Actually there was an update posted on twitter to an email reply from yesterday...
"#AAOG : Update from DS
1. Drill is going well, and No issue. 2. R1/2 & Mengo within a week b4 Wireline Logging (r1/2 friday) 3. Initially, they will update about R1/2 & Mengo separately & then logging result from both zone."
On track to hit R1/R2 tomorrow. RNS Monday more than likely.
Can see a blue day tomorrow with people wanting in before 90% of success news is due after the weekend. Then 5 days from Friday... so Wednesday... supposed to hit Mengo... So another RNS Thursday/Friday next week with a 60% chance of success.
Saw the RNS and gap up on open. Thought about buying some but decided the RNS didn't mean much. No news. Missed the boat for a quick trade anyway. Well done anyone who jumped in blind and made a few bucks.
Does anyone know if the regulatory approvals needed for Wick and Colter are awaiting simultaneously or do we need one, then get the next. As I know we already have the Environmental go ahead. Just wondering if the other regulatory approvals were already in progress or if they were requested after the environmental agreement?
I think people buying for a trade yesterday are probably the ones selling out today seeing as it isn't moving. A shame really. I thought this would be moving north for a few days running.