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I think you will find that once putin is gone, russia will turn the gas taps back on in exchange for no sanctions and global peace.
You nailed it balancedviewer, RNS will confirm everything.
We can guess at 0.15, 0.175, 0.24 but all these figures cover a vast amount or all the hedge. Its irrelavant if they are increasing production via other wells in the next 12mths because the end result is profits and company growth.
Shell are involved and its going to the grid, i see ZERO risk here in the next 12mths.
Just show me the money ££££££ .
This journey for Angus has just begun with more production and sales to come in the future. I wouldnt be using stop losses unless your using leveraged trades. One reason i hate day trading accounts lol
I just buy, hold and wait.... No stress )))
Im waiting for full blown production and maximum sales within these next 12mths and then ill sell up. I wont accept anything less than 15p haha.
Enjoy the ride)))
I do put stop losses on some trades but its not so easy with ANGS.
This SP is boucing on news of 1 well. We have more news to follow. So if i use a stop loss, the chances are these slight kick backs from day traders might close me out.
Ive lost afew decent runs because of this. I wont do it again ??
I dont normally comment much lately but these hedge calculations are starting to bore me now HITS.
I think people can read up on the company to realise all the pros and cons before investing, without you consistantly repeating yourself like a old womsas
I have no reason to doubt them at the moment. All these discussion would have been talked about prior to construction work and now they are funding the project to go ahead means they must firmly beleive its all acheiveable.
Like any project, they will have setbacks but overall goal will be to hit these figures.
I will hold until this hits target. I only have time to waste. )))
All i know is what they write.
1.5m therms rising to 3m therms by mid august.
I wont know if thats the truth or not until mid aug.
Angus state the well produced 1.5m therms in 2017 before shutdown.
They will be looking at 1.5m minimum to kick start production but it states by mid august they want to be producing 3m therms.
They wont be ramping from 1.5m to 3m, it will be a steady increase so june 1.5m, maybe over 2m in july and 3m by mid august.
Thats what the company are set out to do by set organisational targets.
Planning is always year or 2 in advance so with expertise on hand they would of looked at all pros and cons to acheive these figures.
They clearly feel the targets can be hit with evidence of site installations and upgrades.
Wait till june figures, july figures and evaluate mid augusts figures.
HITS
Your invested in ANGS but aren't very positive or impressed with how the company has delivered so far.
Is this some kind of new dumb ass trading im not aware off haha
I found this stock, its awful, i hate... so i bought shares haha.
The logic in some people these days baffles me.
Any real investor ignore the noise on LSE and just watch the updates on twitter. The company is clearly progressing fast !
I tend to laugh when people say they are invested in a stock but then claim its the worst stock to buy so beware lol not exactly the best sales pitch.
Its like trying to sell a car but then telling everyone it breaks down after 5mile. Lol
I guess the deramping is designed for getting a lower entry but this stock seems steady around the 1.3-1.5 mark. Is it worth deramping to 1.2? Not really, seems a waste of oxygen lol
So basically bottom feeder and HITS are here to warn us all of bad times ahead.
Me personally would just sell angs and find summit else rather than waste oxygen trying to give your negative opinions on a hourly basis. Lol makes no sense to me and also seems 99% of people here ain't listening so maybe its better to find a stock you have bought and find some positives in it.....bottom feeder & HITS ?????
I am the same. I find RR is great buying around 80/90 and great for selling 110/120.
Long term outlook here will be massive with these projects maturing but for now i enjoy the 10-20% gains.
Sales from unwashed coal will probably pay for the wash plant. Remember its 29% ash content which is very high so once washed you will lose 42% of metal production from the coking coal.
Thermal coal can be sold places unwashed. I know india buys it. The obvious fact is it will be for a small sale price but the overall income will pay for it.
If washed its alot easier to sell but has a massive environmental problem with waste and like i said alot gets wasted on ash content.
Alot of resource in the ground tho so just dig more up lol
I looked online at the construction timeframe of a coke battery. It stated about 7mths. I guess it will depend on size. The first one is a small battery so what you reckon 5-6mths?
Until we get a update that says construction is underway then yeah it could be 2023.
Thermal coal and coking coal can be washed for removing impurities, tho the indians are known for buying unwashed thermal coal.
The coking coal can be sold after been washed but if cgo are building a battery then why sell is at a loss when they can sell it as coke when its pure carbon.
The coking coal will be profitable end of year or 2023.
The thermal coal will be profitable after Q2 when its washed so that will bring income.
I think after Q2 we will see double figures because we will actually have a income.
Well firstly it gets washed in Q2 and then stockpiled to then be put in the ovens for sale. A battery can take upto 7mths to build.
I think most the upset comes from delayed updates and mixed communications on actual production times.
This stock was always going to hit 6p with no production income and people selling.
But 6p is the absolute perfect buy zone. I will be honest im in at 8p, ive simply held it. But i dont begrudge anyone buying 6p, selling 10p, buying 7p, selling 9p.
If you want to swing trade it then i salute you ) profit is profit.
As for 2022 with CGO we should expect some positive movement in the next few mths. Fingers crossed. )
You can't predict it won't sit there for 9 months because you don't know how they are selling it.
Depends what the definition of deramping is. Because with no production and actual income figures, we are moving up on updates and influx of buys but slowly drop off when its quiet and the sells come in.
The company as it stands looks valued at 6-9p area. I stated it could drop to 6p if no news happens in a months time and i was called a deramper haha. Stating the obvious doesnt mean been a deramper.
Soon as the company have a consistant flow of production the the share price we tick up slowly day by day instead of been stuck around 6-9p.
If people wanna buy 6-7p and sell 9-10p then why not? Its smart trading.
Its a BUY and HOLD stock but if people want to play around on the dips and highs then good for them. Its their money. Profits are profits.
Early bird - Looking at other companies across the market with 400m plus revenue is crazy SP , the minimum SP across the markets with 400m rev is well beyond 100p . I see the number and im scared to actually predict the final outcome but i WILL 100% be cashing in on other stocks to load up here . If this company pulls in 400m annually of revenue then wow.
Climate summit won't change the need for thermal or coking coal. To many countries heavily depend on thermal coal still , will take years to switch. Coking coal is the only real solution to steel making.
Carl and his team are in for the big WIN , whatever happens will naturally effect the SP , 2 massive projects that will obviously increase the SP greatly.
Wait till that deal is done , it will be boom time.