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Mikee_p:
Just think if they manage that GB£0.01 per share threshold next week with favourable gas prices through the winters 6 months they might even do the tracker targets,
Perhaps wishful thinking but achievable, possibly, maybe, some how, who knows ... ... ... only the spreadsheet Gods have the answer to that question,
GLA & regards,
12/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2900 ***ABOVE AVERAGE ***
12/10/2023 System Entry Energy, Saltfleetby, D+1 2,781,111.0000
12/10/2023 System Entry Volume, Saltfleetby, D+1 0.2427 *** 8.5709 MMSCF/D ***
Daily Output (Therms) = 94,895
Month To Date (Therms) = 1,087,146
Daily Output (Mmscf/d) = 8.5709
Month To Date (Mmscf/d) = 98.2030
Average Per Day (Therms) From 06.07.2023= 87,686
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,808,461
Average Monthly Price Per Therm = £1.0536
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,325,895
F/C Net Monthly Saltfleetby Gas Rev = £2,047,420
F/C Net Rev Less Disbursements = £2,016,709
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
https://gridwatch.co.uk/
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Output Of 50,000 Therms Per Day To Complete The Daily Hedge*
1) 6 Month Hedge Requirement Of 9,150,000 Therms / 183 Days: 01.10.2023 - 31.03.2024
2023 Q3 Therms & Revenue
Oct-23 2,808,461 £2,047,420 Forecast
Nov-23 2,630,589 £2,079,949 Forecast
Dec-23 2,718,275 £2,261,487 Forecast
Q4 2023 8,157,325 £6,388,857 Forecast
H2 2023 Therms & Revenue
Jul-23 2,957,493 £1,601,937
Aug-23 2,677,659 £1,463,168
Sep-23 2,311,840 £1,320,691
Oct-23 2,808,461 £2,047,420 Forecast
Nov-23 2,630,589 £2,079,949 Forecast
Dec-23 2,718,275 £2,261,487 Forecast
H2 2023 16,104,317 £10,774,653 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,686
Debt Outstanding KPI* = £2,041,402
12 Mth Rev-Debt = £24,039,673
F/Cast Share Price (p) = 2.05
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.35
Apr-24 1.46
May-24 1.53
Jun-24 1.61
Jul-24 1.71
Aug-24 1.83
Sep-24 1.95
Oct-24 2.05
Regards,
K3VMC:
Sadly your concepts and ideologies fail for the following reasons the United Kingdom is not even remotely self sufficient regarding Energy what is undisputable is that the United Kingdom currently imports 37% of its energy requirements and remember every EV that drains the National Grid simply compounds the issue of higher Electricity & Gas prices the mathematics are obvious and the answer is not scaremongering divide a GB£100.00 dollar barrel of oil by GB£1=US$1.75 is an exchange rate which is deliverable as a member nation of the European Unions Single Market or as at present US$1.22,
Industry, Logistics, Agriculture, Facilities Education, Health & manufacturing are all subject and vulnerable to higher factor input costs of energy so that means that the businesses loose their competitive advantage of currency devaluation,
Regarding Microeconomic issues the United Kingdom imports approximately 50% of its food imports the majority from Europe and the remainder from the wider global base, only when a currency appreciates relative to the importing country is there a net competitive factor input competitive advantage the other option is importing substandard produce at a significantly lower factor input cost to offset the currency devaluation effect however this is to the net detriment of the domestic farming community i.e. the reason the Conservatives are going to get mullered at the elections because the National Union of Farmers are well aware that Brexit has failed and what makes matters worse is the cost of living crisis is placing a squeeze on the retailers and food producers margins which clearly are not viable and not acceptable, fertilizers and seed costs rise which pushes up operational costs and when the price of beer goes up the Red Wall crumbles and their Pubs start to close because the Northern consumers desert their independents and seek comfort and solace in their local Weatherspoon's, how many independents hostelries are being forced into closure and as a result the Wetherspoons share price is gradually easing upwards,
The Blue wall in the South is getting stuffed because the farming communities are also seeing margins and profits being squeezed,
Regarding Scottish Oil & Gas the SNP really should use that as a levering mechanism to get a significantly better deal for the wonderful people of Scotland from Westminster or stuff the Sassenachs by going independent and then aligning Scotland as a member nation of the European Unions Single Market and ensuring the will of the Scottish people is not compromised,
Regarding the rugby how romantic is Fuji were able to stick it right up the Lord and Masters of the Realm, Rugby Union invented in England and Exported to the global community and the Fujian South Sea Islanders delivering total humiliation to England I suppose it is a bit like literacy English was exported to the Realm and now the nations of the real have become adept and eloquent and now are able to enact self go
Ocelot:
The populist ideology is one where the elite take advantage of the technical mathematical and technical geopolitical ignorance, the elite believe in denying the masses education hence the United Kingdom being the head of the Realm however with education and literacy comes self governance and political independence,
The great politicians of the modern era like Obama and Biden and like Merkel & Macron are delivering for their people by educational and infrastructure investment,
Sadly Economics is not on the British National Curriculum hence the mass of the population did not fully grasp the detriments to the economy and the consequences of GB£ capitulating in value, Scaremongering was used as a ploy to convince the masses that Brexit would not damage the economy and taking back control would emancipate the population, why do you think now the electorate have realised to their detriment that they were deceived by Vladimir Putin in the way his oligarchs funded the Conservatives and ERG and duped them into this political disaster which delivered an Economic Super Dividend of GB£40 billion to Russia,
Scaremongering no ney never no ney never no more sadly the exploited British voters are no more they have realised they were duped however it is a shame that Brexit had to be delivered for them to realise,
How long before the United Kingdom has to ask the IMF for Credit and they answer Sir Keir Starmer ney because folly like Brexit we can get any day,
Clearly Sir Keir Starmer must understand if he is to deliver for the United Kingdom no fudged bad deal shall suffice economic deliverance shall only occur through rejoining the European Unions Single Market,
The European Union is a geopolitical success and has emancipated the lives of so many and delivered economic prosperity to so many through empowerment and emancipation and that is investing in education and enhancing the literacy,
Ocelot:
Who are delivering the Economic Sanctions upon Vladimir Putin which are crippling the Russian Economy and forcing the sale of Billions of US Dollars in currency reserves which sadly Brexit assisted him to accumulate Brexit Delivered a GB£40 billion Brexit Dividend to Russia!!!!!!!!!!
Only the shameless could stomach that and it was dismissed as scaremongering at the time, a frightening concept and a sadly disguised concept unless one is really a supporter of the populist Russian Ideology!!!!!!!!!!
Regards,
K3VMC :
Thems the realities:
Dept for Brexit disbanded because there are No Deliverable Economic Advantages of Brexit,
The will of the people what was 52-48 is now 38-62 which simplistically equates to a 14% swing to our favour which is also reflected in the adverse swing in popularity for those who delivered Brexit,
Brexit is being dismantled and now the "pièce de ré·sist·ance" when the farming community turns its back on Brexit it really is a disaster,
Every economic model which justified Brexit was based upon Brexit delivering a stronger currency as a result of countries wishing to join with their Lord and Masters and sign up to trade deals which would be to the detriment of the realms and to the United Kingdoms advantage however every trade deal wich the United Kingdom has negotiated has sadly been to the detriment of The United Kingdom, the raucous chants of "How Many Visas For Your Trade Deals" were resonating around Parliament Square in the run up to the Brexit Vote it was obvious from day one the inept would deliver a Brexit debacle because anyone who sides with the Putin Ideology to level the United Kingdom down to the populist Russian mentality so Putin could justify to the Russian population that Russia was on par to the United Kingdom to appease his failure,
Narcissistic Brexit Denial Personality Disorder is a symptom which the Jingoists cannot look beyond just as Putin cannot look beyond his own failure,
England & Wales should also be grateful that Humza Yousaf the leader of the SNP is not able to embrace the Scots like Nicola managed because if he did manage to embrace them and grow the supporter base which pushed for Scottish devolution then the Sassenachs would be well and truly stuffed because where are the Majority of the United Kingdoms Energy sources located and the will of the Scots was always to remain as members of the European Unions Single Market and either he realises he is wasting a golden moment and also steps aside or really sticks one up the Sassenachs just like many think that Fuji are going to at the weekend, rugby union is just a sport though Energy & Economic prosperity are more closely correlated as the United States & Arab World clearly understand to their Economic Prosperity, ps when has Swami Ji booked the removals van for from Downing Street,
Regards,
Sadly the data you are referring to is not being substantiated from the ONS,
If your Brexit data sources ares from Vladimir Putin's Brexit compendium then shame and folly on you for assisting in delivering a GB£40 Billion Brexit dividend for Russia and we clearly know how the Brexiteers have assisted Russia and what they have spent their Brexit dividend upon,
If the United Kingdom has benefitted from Brexit the very legislature and the very Political party that delivered Brexit would bot now be on its 5th Leader since the 2016 debacle,
Quite Simply GB£1=US£1.75 in 2016 and GB£=E1.45 in 2016 currently GB$1=US$1.22 and GB£1=E1.15 a cataclysmic failure,
The Office for the delivery of Brexit has been disbanded and EVERY recognised and leading Economic Authority and Economically Educated individuals recognise there is NO BREXIT DIVIDEND,
Remember the United Kingdom is a leading Tier 1 nation and it produces high value goods which sadly developing nations do not and cannot afford to buy in the quantities to deliver economic benefit to the majority of their populations,
Globalisation is the method through which developing economies grow their GDP and populism and populist ideologies lead to economic decline , Brexit Britain, Russia & North Korea share the same ideologies the educated world dismiss Brexit as a Failure,
Fact the United Kingdom imports 37% of its Energy and approx 50% of its food resources a strong currency is optimal for economic Growth not a weak and weakening currency,
Remember Brexit Success are not measured in the Number of Food Banks it delivers why would the opposition be counting on a landslide majority if Brexit was a success,
Fact not jingoistic fantasy is required for the country Vladimir Putin planned the debacle and the Brexit elite delivered his GB£40Billion Brexit dividend you may be proud of your deliverance of his ideology we the good and True are resilient to deliver for the good and decent people of the United Kingdom not the Red Mongrel!!!!!!!!!!!!!!!!
K3VMC :
A chalice, also known as a wisdom chalice, PROBABLY A METAPHORE ABOVE ONES COMPREHENSION BUT WHAT WOULD ONE EXPECT FROM SOMEONE WHO WAS DUPED INTO VLADMIR PUTINS FUNDED VISION OF CAPITULATING THE BRITISH ECONOMY!!!!!!!!!!!,
So what did you get in your GCE O Level English clearly Mathematics or Economics are your failings but that is not uncommon amongst the Conservative Elite,
Regards,
K3VMC:
Quite simply there is NO CONFIDENCE IN THE BREXIT TRADE DEALS there is minimal sustainable demand in Sterling vs the US$ or Euro and that is what is fuelling the cost of living crisis,
The British Electorate have moved beyond empty cheap promises of Brexit Deliverance the voice of the people shall confirm that the mythical Unicorn has been slain and the Brexit ideology is NO MORE,
It is then only a matter of time before the United Kingdoms electorate are given the opportunity to formally confirm that membership of the European Unions Single Market is clearly more economically viable to the Brexit debacle,
Even Sir Keir Starmer shall have to respect that no partially renegotiated Trade Deals with the European Union shall allow the value of GB£ to reach US$1.75 and that is the crux of the issue which shall force his hand and give the electorate the referendum to rejoin the European Unions Single market and correct the adverse budget deficit that has been built up,
The costs of borrowing are too high to deliver a Keynesian manifesto which the Labour party are promising and the costs of borrowing shall only ever be reduced by a period of deflation which shall ONLY happen when the United Kingdom sees the value of Sterling appreciate to pre Brexit Levels,
Thems the realities and Thems the facts why Sir Boris Big Dog Johnson has cut and run for the comfort of abode in the Chiltern Hills and even the Museum to Brexit has been abandoned the United Kingdom is in the phase of a Brexit End Game when 52-48 becomes 38-62 it is time to accept failure!!!!!!!!!
https://www.thestar.com/news/world/why-those-who-really-wanted-brexit-may-soon-regret-it/article_7718a278-8df9-5837-8cf0-6b1798ada01a.html
Regards,
Https://gridwatch.co.uk/
https://tradingeconomics.com/commodity/uk-natural-gas
UK natural gas futures rose to above 121 pence a therm, approaching a six-month high of 126 hit earlier in the week, with investors keeping a close eye on discussions between Chevron Corp. and its workers at an Australian liquefied natural gas plant. Chevron and labor unions at its Australian LNG facilities had productive discussions about pay and conditions on Wednesday, and they plan to meet again on Thursday. Meanwhile, the UK is bracing for a significant temperature drop as the weekend approaches, with daytime temperatures expected to be as much as 10 degrees Celsius lower than earlier this week in southern England. Central and northern regions may experience their first overnight frosts of the season. Despite this recent decline, natural gas prices have surged by more than 25% so far this week due to increasing supply concerns. Israel closed a gas field due to safety concerns and a pipeline leak investigation in the Baltic raised winter security concerns.
11/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3200 ***ABOVE AVERAGE***
11/10/2023 System Entry Energy, Saltfleetby, D+1 2,806,667.0000
11/10/2023 System Entry Volume, Saltfleetby, D+1 0.2449 *** 8.6486 MMSCF/D***
***THE VOLUMES ARE HOLDING UP AND GAS PRICES ARE BECOMMING FAVOURABLE - HOWEVER A DETAILED MEDIA COM FROM THE SENIOR BOARD MEMBERS WOULD BE APPRECIATED TO REASURE THE MARKETS & INVESTORS - the LOAN REFINANCING IS THE ONLY REAL CHALICE AROUND THE NECK OF THE BUSINESS AND IS A CAUSE FOR CONSTERNATION***
Daily Output (Therms) = 95,767
Month To Date (Therms) = 992,251
Daily Output (Mmscf/d) = 8.6486
Month To Date (Mmscf/d) = 89.6322
Average Per Day (Therms) From 06.07.2023= 87,613
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,796,343
Average Monthly Price Per Therm = £1.0304
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,284,191
F/C Net Monthly Saltfleetby Gas Rev = £2,005,716
F/C Net Rev Less Disbursements = £1,975,630
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
https://gridwatch.co.uk/
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Output Of 50,000 Therms Per Day To Complete The Daily Hedge*
1) 6 Month Hedge Requirement Of 9,150,000 Therms / 183 Days: 01.10.2023 - 31.03.2024
2023 Q3 Therms & Revenue
Oct-23 2,796,343 £2,005,716 Forecast
Nov-23 2,628,382 £2,077,288 Forecast
Dec-23 2,715,995 £2,258,523 Forecast
Q4 2023 8,140,720 £6,341,526 Forecast
H2 2023 Therms & Revenue
Jul-23 2,957,493 £1,601,937
Aug-23 2,677,659 £1,463,168
Sep-23 2,311,840 £1,320,691
Oct-23 2,796,343 £2,005,716 Forecast
Nov-23 2,628,382 £2,077,288 Forecast
Dec-23 2,715,995 £2,258,523 Forecast
H2 2023 16,087,711 £10,727,322 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,613
Debt Outstanding KPI* = £2,078,735
12 Mth Rev-Debt = £23,960,967
F/Cast Share Price (p) = 2.05
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.34
Apr-24 1.46
May-24 1.53
Jun-24 1.60
Jul-24 1.71
Aug-24 1.82
Sep-24 1.95
Oct-24 2.05
Regards,
BV:
The management of the Business has been a comedy show just has Brexit has become a global comedy show,
The data is the data and I alongside many investors believe there is a medium-term to long-term future for Angus Energy however sadly that cannot be said of for Brexit,
Looking at the stakeholders in the Business they would not have expected the share price to be at GB£0.0060 at present but as I have reiterated on numerous occasions many domestic households and businesses within the United Kingdom are being failed by Brexit, the daily output data should be posted soon,
I await your you updates regarding any Brexit success which are to rejuvenate the economy and inspire the currency markets to show faith in the GB£, Angus has the potential to deliver however Brexit is a doomed failure,
LOL,
Perhaps there has been a falling out of the top brass,
Paul Forrest has a huge equity holding and he clearly was not expecting such a capitulation is share price which in turn is detrimentally affecting his ongoing business concerns,
If the board are in alliance they shall make a financing deal clear alternatively debt to equity for a quick fix and in the mean time an option to gradually average down and minimise accrued losses,
The Angus Energy comedy show is almost as humiliating as Brexit no funding from the leading financial institutions and re Brexit No Credible Trade deals because even the distant backwaters are getting wary and picky with whom they wish to trade never mind has the Brexit Elite with the Conservative Party considered a gigantic Trade Deal with Russia or North Korea or are they even too scared of a rebuke in that direction and as for Sterling it is collapsing faster than the Angus Energy Share Price,
Now just think if the United Kingdom is a member of The European Unions Single Market the United Kingdom does not carry such a huge Budget Deficit is able to Trade with leading Tier 1 nations has a strong currency and the Country is not subjected to such a cost of living crisis, the country is not subjected to such high capital costs and the Energy Sector does not have to carry the costs and burdens of Windfall taxes,
Consolation 2024 is soon approaching and the Winds of Change shall sweep across the United Kingdom and just as the Business is producing gas and paying off debt the good or better times shall be on the horizon,
Sunak why are you delaying the inevitable, call a General Election Now and be done with this so called Brexit vision of Taking Back Control because even the Banana Republics have their own bats and balls bought on the back of IMF loans and not even they have to dance to the Brexiteers Tune!!!!!!!!!!!!
Https://www.msn.com/en-gb/news/uknews/heavy-rain-to-batter-britons-as-temperatures-drop-below-freezing-in-cold-snap/ar-AA1i2eDZ?ocid=msedgntp&cvid=128b2288c2174ed9977d5dc33ca36614&ei=10
This should test the gas reserves that have been accumulated across Norther Europe lets see if the Price per Therm touches GB£1.50 per therm,
Regards,
Applicable For Data Item Value Generated Time
10/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3200 ***ABOVE AVERAGE***
10/10/2023 System Entry Energy, Saltfleetby, D+1 2,803,333.0000
10/10/2023 System Entry Volume, Saltfleetby, D+1 0.2446 *** 8.6380 MMSCF/D ***
Daily Output (Therms) = 95,654
Month To Date (Therms) = 896,483
Daily Output (Mmscf/d) = 8.6380
Month To Date (Mmscf/d) = 80.9836
Average Per Day (Therms) From 06.07.2023= 87,529
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,779,098
Average Monthly Price Per Therm = £1.0070
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,237,736
F/C Net Monthly Saltfleetby Gas Rev = £1,959,261
F/C Net Rev Less Disbursements = £1,929,872
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
https://gridwatch.co.uk/
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Output Of 50,000 Therms Per Day To Complete The Daily Hedge*
1) 6 Month Hedge Requirement Of 9,150,000 Therms / 183 Days: 01.10.2023 - 31.03.2024
2023 Q3 Therms & Revenue
Oct-23 2,779,098 £1,959,261 Forecast
Nov-23 2,625,860 £2,074,246 Forecast
Dec-23 2,713,389 £2,255,135 Forecast
Q4 2023 8,118,347 £6,288,641 Forecast
H2 2023 Therms & Revenue
Jul-23 2,957,493 £1,601,937
Aug-23 2,677,659 £1,463,168
Sep-23 2,311,840 £1,320,691
Oct-23 2,779,098 £1,959,261 Forecast
Nov-23 2,625,860 £2,074,246 Forecast
Dec-23 2,713,389 £2,255,135 Forecast
H2 2023 16,065,338 £10,674,438 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,529
Debt Outstanding KPI* = £2,120,750
12 Mth Rev-Debt = £23,871,787
F/Cast Share Price (p) = 2.04
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.33
Apr-24 1.45
May-24 1.52
Jun-24 1.59
Jul-24 1.70
Aug-24 1.81
Sep-24 1.94
Oct-24 2.04
Regards,
The UK price per Therm is normally 2.5 x the price of Dutch TTF if I get time in due course I shall run a correlation between US Henry Hub Gas Prices & TTF,
The issue with Angus is paying down the debt which was incurred to deliver the sidetrack which in essence has cost approximately 1 years worth of proceeds from Gas Production and then there are the other sub optimal business choices made by the board,
The question is taking the Business Private at which price point GB£0.02 per share would at present seem a fair price but would someone pay that with the current levels of debt around the neck of the business,
Regards,
Https://www.msn.com/en-gb/money/other/uk-gas-prices-soar-as-finland-makes-worrying-claim-about-pipeline-leak/ar-AA1hZygL?ocid=msedgntp&cvid=4155349dad9c40bff1941884de783165&ei=18
All fingers point to Putin's Interventions!!!!!!!!!
Https://tradingeconomics.com/commodity/uk-natural-gas
Interesting though the question is holding the gains!!!!!
09/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2900 ***ABOVE AVERAGE ***
09/10/2023 System Entry Energy, Saltfleetby, D+1 2,810,000.0000
09/10/2023 System Entry Volume, Saltfleetby, D+1 0.2451 *** 8.6556 MMSCF/D ***
Daily Output (Therms) = 95,881
Month To Date (Therms) = 800,830
Daily Output (Mmscf/d) = 8.6556
Month To Date (Mmscf/d) = 72.3456
Average Per Day (Therms) From 06.07.2023= 87,444
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,758,413
Average Monthly Price Per Therm = £0.9865
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,192,112
F/C Net Monthly Saltfleetby Gas Rev = £1,913,637
F/C Net Rev Less Disbursements = £1,884,932
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
https://gridwatch.co.uk/
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Output Of 50,000 Therms Per Day To Complete The Daily Hedge*
1) 6 Month Hedge Requirement Of 9,150,000 Therms / 183 Days: 01.10.2023 - 31.03.2024
2023 Q3 Therms & Revenue
Oct-23 2,758,413 £1,913,637 Forecast
Nov-23 2,623,321 £2,071,184 Forecast
Dec-23 2,710,765 £2,251,724 Forecast
Q4 2023 8,092,499 £6,236,545 Forecast
H2 2023 Therms & Revenue
Jul-23 2,957,493 £1,601,937
Aug-23 2,677,659 £1,463,168
Sep-23 2,311,840 £1,320,691
Oct-23 2,758,413 £1,913,637 Forecast
Nov-23 2,623,321 £2,071,184 Forecast
Dec-23 2,710,765 £2,251,724 Forecast
H2 2023 16,039,491 £10,622,341 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,444
Debt Outstanding KPI* = £2,162,431
12 Mth Rev-Debt = £23,782,735
F/Cast Share Price (p) = 2.04
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.33
Apr-24 1.44
May-24 1.51
Jun-24 1.59
Jul-24 1.69
Aug-24 1.80
Sep-24 1.93
Oct-24 2.04
Regards,
08/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2900 ***ABOVE AVERAGE***
08/10/2023 System Entry Energy, Saltfleetby, D+1 2,781,111.0000
08/10/2023 System Entry Volume, Saltfleetby, D+1 0.2429 *** 8.5779 MMSCF/D ***
Daily Output (Therms) = 94,895
Month To Date (Therms) = 704,948
Daily Output (Mmscf/d) = 8.5779
Month To Date (Mmscf/d) = 63.6900
Average Per Day (Therms) From 06.07.2023= 87,355
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,731,675
Average Monthly Price Per Therm = £0.9670
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,142,641
F/C Net Monthly Saltfleetby Gas Rev = £1,864,166
F/C Net Rev Less Disbursements = £1,836,203
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
https://gridwatch.co.uk/
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Output Of 50,000 Therms Per Day To Complete The Daily Hedge*
1) 6 Month Hedge Requirement Of 9,150,000 Therms / 183 Days: 01.10.2023 - 31.03.2024
2023 Q3 Therms & Revenue
Oct-23 2,731,675 £1,864,166 Forecast
Nov-23 2,620,656 £2,067,971 Forecast
Dec-23 2,708,012 £2,248,145 Forecast
Q4 2023 8,060,344 £6,180,281 Forecast
H2 2023 Therms & Revenue
Jul-23 2,957,493 £1,601,937
Aug-23 2,677,659 £1,463,168
Sep-23 2,311,840 £1,320,691
Oct-23 2,731,675 £1,864,166 Forecast
Nov-23 2,620,656 £2,067,971 Forecast
Dec-23 2,708,012 £2,248,145 Forecast
H2 2023 16,007,335 £10,566,077 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,355
Debt Outstanding KPI* = £2,207,029
12 Mth Rev-Debt = £23,688,272
F/Cast Share Price (p) = 2.03
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.32
Apr-24 1.44
May-24 1.51
Jun-24 1.58
Jul-24 1.68
Aug-24 1.80
Sep-24 1.92
Oct-24 2.03
Regards,