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30/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3500 ***ABOVE AVERAGE***
30/10/2023 System Entry Energy, Saltfleetby, D+1 2,736,667.0000
30/10/2023 System Entry Volume, Saltfleetby, D+1 0.2386 *** 8.4261 MMSCF/D ***
Daily Output (Therms) = 93,379
Month To Date (Therms) = 2,656,125
Daily Output (Mmscf/d) = 8.4261
Month To Date (Mmscf/d) = 239.8890
Average Per Day (Therms) From 06.07.2023= 87,606
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,744,662
Average Monthly Price Per Therm = £1.1789
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,408,414
F/C Net Monthly Saltfleetby Gas Rev = £2,129,939
F/C Net Rev Less Disbursements = £2,097,990
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 2,744,662 £2,129,939 Forecast
Nov-23 2,628,185 £2,070,134 Forecast
Dec-23 2,715,791 £2,258,258 Forecast
Q4 2023 8,088,639 £6,458,331 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 2,744,662 £2,129,939 Forecast
Nov-23 2,628,185 £2,070,134 Forecast
Dec-23 2,715,791 £2,258,258 Forecast
H2 2023 16,035,630 £10,844,127 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,606
Debt Outstanding KPI* = £2,050,868
12 Mth Rev-Debt = £23,742,922
F/Cast Share Price (p) = 2.03
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.36
Apr-24 1.48
May-24 1.54
Jun-24 1.61
Jul-24 1.71
Aug-24 1.82
Sep-24 1.95
Oct-24 2.03
Regards,
29/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3600 ***ABOVE AVERAGE***
29/10/2023 System Entry Energy, Saltfleetby, D+1 2,742,222.0000
29/10/2023 System Entry Volume, Saltfleetby, D+1 0.2391 *** 8.4437 MMSCF/D***
Daily Output (Therms) = 93,568
Month To Date (Therms) = 2,562,746
Daily Output (Mmscf/d) = 8.4437
Month To Date (Mmscf/d) = 231.4629
Average Per Day (Therms) From 06.07.2023= 87,556
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,739,487
Average Monthly Price Per Therm = £1.1745
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,397,052
F/C Net Monthly Saltfleetby Gas Rev = £2,118,577
F/C Net Rev Less Disbursements = £2,086,799
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 2,739,487 £2,118,577 Forecast
Nov-23 2,626,692 £2,068,342 Forecast
Dec-23 2,714,249 £2,256,253 Forecast
Q4 2023 8,080,428 £6,443,172 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 2,739,487 £2,118,577 Forecast
Nov-23 2,626,692 £2,068,342 Forecast
Dec-23 2,714,249 £2,256,253 Forecast
H2 2023 16,027,419 £10,828,968 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,556
Debt Outstanding KPI* = £2,067,003
12 Mth Rev-Debt = £23,700,719
F/Cast Share Price (p) = 2.03
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.36
Apr-24 1.48
May-24 1.54
Jun-24 1.61
Jul-24 1.71
Aug-24 1.82
Sep-24 1.95
Oct-24 2.03
Regards,
28/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3000 ***ABOVE AVERAGE***
28/10/2023 System Entry Energy, Saltfleetby, D+1 2,850,000.0000
28/10/2023 System Entry Volume, Saltfleetby, D+1 0.2485 *** 8.7757 MMSCF/D***
***GOOD TO SEE THE OUTPUT METRICS APPROACHING THE GOLD STANDARD OF 100,000 THERMS PER DAY***
Daily Output (Therms) = 97,246
Month To Date (Therms) = 2,469,177
Daily Output (Mmscf/d) = 8.7757
Month To Date (Mmscf/d) = 223.0192
Average Per Day (Therms) From 06.07.2023= 87,504
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,733,732
Average Monthly Price Per Therm = £1.1699
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,384,803
F/C Net Monthly Saltfleetby Gas Rev = £2,106,328
F/C Net Rev Less Disbursements = £2,074,733
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 2,733,732 £2,106,328 Forecast
Nov-23 2,625,124 £2,066,460 Forecast
Dec-23 2,712,628 £2,254,146 Forecast
Q4 2023 8,071,484 £6,426,934 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 2,733,732 £2,106,328 Forecast
Nov-23 2,625,124 £2,066,460 Forecast
Dec-23 2,712,628 £2,254,146 Forecast
H2 2023 16,018,475 £10,812,730 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,504
Debt Outstanding KPI* = £2,084,122
12 Mth Rev-Debt = £23,656,185
F/Cast Share Price (p) = 2.03
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.35
Apr-24 1.47
May-24 1.54
Jun-24 1.61
Jul-24 1.71
Aug-24 1.82
Sep-24 1.94
Oct-24 2.03
Regards,
Https://www.msn.com/en-gb/cars/news/are-electric-cars-really-better-for-the-environment/ar-AAPpPwm?ocid=msedgntp&pc=EDBBAN&cvid=50ac61e38cfd4f10a17ccdf19eaeccc8&ei=32
Further Support that the European Union is correct in delaying the end date for the sale of ULEZ compliant petrol engine vehicles,
Is the British Government in waiting going to realise that is it better to align with educated reasoning rather than appeasing the whim of the environmentalists?
Sir Keir Starmer should apply solid econometric modeling to his political ideologies!!!!!
As long as Paul Forrest is not offloading his holding of 499,856,061 shares the PI's have little to worry about,
As mentioned the coming 12 months are going to be tight until the gas revenue is used to pay off the outstanding loan,
The hedge comes off in June 2025 so that allows plenty of opportunity for further revenue generation,
It is just imperative that the two further well drills at Saltfleetby are delivered correctly in the first instance to avoid the calamity of the most resent well that was drilled,
It shall take time however the business appears on firm footing and the other factor to consider is the current price of Electricity from Wind Generation is hindering investment and that slows down the green revolution and bodes well for the Oil & Gas Sector,
Regards,
27/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3000 ***ABOVE AVERAGE ***
27/10/2023 System Entry Energy, Saltfleetby, D+1 2,603,333.0000
27/10/2023 System Entry Volume, Saltfleetby, D+1 0.2273 *** 8.0270 MMSCF/D ***
Daily Output (Therms) = 88,829
Month To Date (Therms) = 2,371,931
Daily Output (Mmscf/d) = 8.0270
Month To Date (Mmscf/d) = 214.2435
Average Per Day (Therms) From 06.07.2023= 87,419
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,723,329
Average Monthly Price Per Therm = £1.1699
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,372,633
F/C Net Monthly Saltfleetby Gas Rev = £2,094,158
F/C Net Rev Less Disbursements = £2,062,745
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 2,723,329 £2,094,158 Forecast
Nov-23 2,622,560 £2,063,384 Forecast
Dec-23 2,709,979 £2,250,702 Forecast
Q4 2023 8,055,867 £6,408,243 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 2,723,329 £2,094,158 Forecast
Nov-23 2,622,560 £2,063,384 Forecast
Dec-23 2,709,979 £2,250,702 Forecast
H2 2023 16,002,859 £10,794,039 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,419
Debt Outstanding KPI* = £2,107,875
12 Mth Rev-Debt = £23,588,388
F/Cast Share Price (p) = 2.02
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.35
Apr-24 1.47
May-24 1.54
Jun-24 1.60
Jul-24 1.70
Aug-24 1.81
Sep-24 1.94
Oct-24 2.02
Regards,
To repay the drilling costs and previous financial ineptitude by only castigation of the current senior management team at Angus Energy is the early partial offset /buying back a percentage of the hedge it appears it was a punt that was misguided however as I have said should the gas price per therm escalate to vindicate the Board of Directors I applaud them however I have strong reservations,
Remember three attempted drills before gas was realised and the costs of borrowing,
Look how many British Businesses and households are being financially squeezed through the gross political ineptitude of this current legislature,
Has any legislature had such a disastrous by-election win to loss ratio,
26/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2500 ***Just above the Average of 41.2443***
26/10/2023 System Entry Energy, Saltfleetby, D+1 2,781,111.0000
26/10/2023 System Entry Volume, Saltfleetby, D+1 0.2425 *** 8.5638 mmscf/d ***
Daily Output (Therms) = 94,895
Month To Date (Therms) = 2,283,102
Daily Output (Mmscf/d) = 8.5638
Month To Date (Mmscf/d) = 206.2165
Average Per Day (Therms) From 06.07.2023= 87,406
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,722,160
Average Monthly Price Per Therm = £1.1621
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,362,180
F/C Net Monthly Saltfleetby Gas Rev = £2,083,705
F/C Net Rev Less Disbursements = £2,052,450
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 2,722,160 £2,083,705 Forecast
Nov-23 2,622,186 £2,062,934 Forecast
Dec-23 2,709,592 £2,250,199 Forecast
Q4 2023 8,053,937 £6,396,838 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 2,722,160 £2,083,705 Forecast
Nov-23 2,622,186 £2,062,934 Forecast
Dec-23 2,709,592 £2,250,199 Forecast
H2 2023 16,000,929 £10,782,634 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,406
Debt Outstanding KPI* = £2,116,019
12 Mth Rev-Debt = £23,572,961
F/Cast Share Price (p) = 2.02
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.35
Apr-24 1.47
May-24 1.53
Jun-24 1.60
Jul-24 1.70
Aug-24 1.81
Sep-24 1.94
Oct-24 2.02
Regards,
Formerlyeasyp:
The following article is equally worrying for the green brigade,
EV's shall really only be a toy of the elite hence their capitulating Residual Value Costs and then there are insurance concerns and battery replacement costs,
https://www.telegraph.co.uk/business/2023/10/27/public-debate-net-zero-trade-off-wind-energy-costs/
The sad truth is the legislature go off on whims which are not fully econometrically modeled or effectively evaluated and the country lacks the people of resilience and substance who have the appropriate mathematical skills to question the folly of the legislature,
The Green revolution is going to flounder to deliver as intended the same way Brexit has failed to deliver prosperity for the United Kingdom,
Thank God for the Arabian Nations & the United States and the European mainland to subsidise the United Kingdoms Energy shortfall,
Just think of the calamity a well thought through Scottish Devolution from England & Wales would cause Sassenachs the English really must respect how reliant they are upon the good and decent people of Scotland and their Energy supplies,
Regards,
Https://www.bbc.co.uk/sport/cricket
The most recent update this must inspire and all developing nations when the World Cup Holders are simply not able to compete and are demonstrating their inferiority in play, in intellect and in physique perhaps the Brexit effect is now affecting the ECB!!!
Regards,
25/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3400 ***ABOVE AVERAGE ***
25/10/2023 System Entry Energy, Saltfleetby, D+1 2,756,667.0000
25/10/2023 System Entry Volume, Saltfleetby, D+1 0.2405 *** 8.4932 MMSCF/D ***
Daily Output (Therms) = 94,061
Month To Date (Therms) = 2,188,206
Daily Output (Mmscf/d) = 8.4932
Month To Date (Mmscf/d) = 197.6527
Average Per Day (Therms) From 06.07.2023= 87,339
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,713,376
Average Monthly Price Per Therm = £1.1576
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,346,697
F/C Net Monthly Saltfleetby Gas Rev = £2,068,222
F/C Net Rev Less Disbursements = £2,037,199
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 2,713,376 £2,068,222 Forecast
Nov-23 2,620,180 £2,060,527 Forecast
Dec-23 2,707,519 £2,247,504 Forecast
Q4 2023 8,041,074 £6,376,253 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 2,713,376 £2,068,222 Forecast
Nov-23 2,620,180 £2,060,527 Forecast
Dec-23 2,707,519 £2,247,504 Forecast
H2 2023 15,988,066 £10,762,049 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,339
Debt Outstanding KPI* = £2,137,816
12 Mth Rev-Debt = £23,516,117
F/Cast Share Price (p) = 2.02
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.35
Apr-24 1.47
May-24 1.53
Jun-24 1.60
Jul-24 1.70
Aug-24 1.81
Sep-24 1.93
Oct-24 2.02
Regards,
Https://www.bbc.co.uk/sport/cricket
England are delivering for the Board of Angus Energy,
We should keep matters and ability in context as the Cricketers are proving,
A fantastic paid jolly and good to see they are thoroughly enjoying themselves,
Regards,
Noelpbz:
The metrics at the bottom section of the data report refer to a forecast of the share price upon prudent loan repayments,
In March 2024 should Angus Energy be able to repay each month 50% of the revenue from gas sales from Saltfleetby and issue no further shares/dilute the shares in issue from Ord Shares = 4,142,893,340 and negotiate the outstanding loan book at a more favourable interest rate I believe the Share Price in March 2024 may recover to 1.35 p per share,
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.35
Should prudent financial management prevail and sufficiently high debt repayment prove viable then in Oct 2024
Debt Outstanding KPI* = £2,157,376
12 Mth Rev-Debt = £23,464,849
F/Cast Share Price (p) = 2.02
Saltfleetby should easily generate GB£6.35 Million in 2023Q4 and approx GB£7.00 Million in 2024Q1 with forecast Revenue at GB£5.79Million in 2024Q2 and GB£6.47Million in 2024Q3 LESS PREMIUM PAYMENTS for Hedge Reduction which I sadly believe was a folly because I doubt the Gas Price per Therm shall realise what the Board of Directors are expecting it to realise and that was the base metric for their calculations,
However It would be amazing if the Board Called It Correct and I accept folly for unduly castigating their wisdom, the coming 6 months shall prove whether it the board called it right or wrong,
Regards,
24/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3300 ***Above The Average of 41.24***
24/10/2023 System Entry Energy, Saltfleetby, D+1 2,708,889.0000
24/10/2023 System Entry Volume, Saltfleetby, D+1 0.2364 *** 8.3484 mmscf/d ***
Daily Output (Therms) = 92,431
Month To Date (Therms) = 2,094,145
Daily Output (Mmscf/d) = 8.3484
Month To Date (Mmscf/d) = 189.1595
Average Per Day (Therms) From 06.07.2023= 87,279
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,704,937
Average Monthly Price Per Therm = £1.1542
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,333,010
F/C Net Monthly Saltfleetby Gas Rev = £2,054,535
F/C Net Rev Less Disbursements = £2,023,717
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 2,704,937 £2,054,535 Forecast
Nov-23 2,618,363 £2,058,347 Forecast
Dec-23 2,705,641 £2,245,063 Forecast
Q4 2023 8,028,942 £6,357,945 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 2,704,937 £2,054,535 Forecast
Nov-23 2,618,363 £2,058,347 Forecast
Dec-23 2,705,641 £2,245,063 Forecast
H2 2023 15,975,933 £10,743,742 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,279
Debt Outstanding KPI* = £2,157,376
12 Mth Rev-Debt = £23,464,849
F/Cast Share Price (p) = 2.02
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 1.60
Jul-24 1.69
Aug-24 1.81
Sep-24 1.93
Oct-24 2.02
Regards,
Noelpbz:
Thirty days hath September,
April, June and November;
All the rest have thirty-one,
Excepting February alone.
Which only has but twenty-eight days clear
And twenty-nine in each leap year.
So when one applies 31 days in October x 50,000 x GB£0.4655 the metric is GB£721,525,
Well that is what our nursery teacher taught us,
Regards,
Regards,
23/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3500 ***ABOVE AVERAGE ***
23/10/2023 System Entry Energy, Saltfleetby, D+1 2,827,778.0000
23/10/2023 System Entry Volume, Saltfleetby, D+1 0.2465 *** 8.7051 MMSCF/D***
Daily Output (Therms) = 96,488
Month To Date (Therms) = 2,001,714
Daily Output (Mmscf/d) = 8.7051
Month To Date (Mmscf/d) = 180.8111
Average Per Day (Therms) From 06.07.2023= 87,232
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,697,962
Average Monthly Price Per Therm = £1.1514
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,321,716
F/C Net Monthly Saltfleetby Gas Rev = £2,043,241
F/C Net Rev Less Disbursements = £2,012,592
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 2,697,962 £2,043,241 Forecast
Nov-23 2,616,958 £2,056,661 Forecast
Dec-23 2,704,189 £2,243,176 Forecast
Q4 2023 8,019,109 £6,343,077 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 2,697,962 £2,043,241 Forecast
Nov-23 2,616,958 £2,056,661 Forecast
Dec-23 2,704,189 £2,243,176 Forecast
H2 2023 15,966,101 £10,728,874 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,232
Debt Outstanding KPI* = £2,172,886
12 Mth Rev-Debt = £23,424,745
F/Cast Share Price (p) = 2.01
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 1.59
Jul-24 1.69
Aug-24 1.80
Sep-24 1.93
Oct-24 2.01
Regards,
22/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2900 ***ABOVE AVERAGE ***
22/10/2023 System Entry Energy, Saltfleetby, D+1 2,761,111.0000
22/10/2023 System Entry Volume, Saltfleetby, D+1 0.2408 *** 8.5038 MMSCF/D ***
Daily Output (Therms) = 94,213
Month To Date (Therms) = 1,905,226
Daily Output (Mmscf/d) = 8.5038
Month To Date (Mmscf/d) = 172.1060
Average Per Day (Therms) From 06.07.2023= 87,147
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,684,637
Average Monthly Price Per Therm = £1.1455
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,299,781
F/C Net Monthly Saltfleetby Gas Rev = £2,021,306
F/C Net Rev Less Disbursements = £1,990,986
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 2,684,637 £2,021,306 Forecast
Nov-23 2,614,410 £2,053,604 Forecast
Dec-23 2,701,557 £2,239,754 Forecast
Q4 2023 8,000,604 £6,314,663 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 2,684,637 £2,021,306 Forecast
Nov-23 2,614,410 £2,053,604 Forecast
Dec-23 2,701,557 £2,239,754 Forecast
H2 2023 15,947,596 £10,700,459 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,147
Debt Outstanding KPI* = £2,201,791
12 Mth Rev-Debt = £23,351,110
F/Cast Share Price (p) = 2.01
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 1.52
Jun-24 1.59
Jul-24 1.69
Aug-24 1.80
Sep-24 1.92
Oct-24 2.01
Regards,
20/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.1300 ***BELOW AVERAGE***
20/10/2023 System Entry Energy, Saltfleetby, D+1 2,021,111.0000
20/10/2023 System Entry Volume, Saltfleetby, D+1 0.1765 *** 6.2330 MMSCF/D ***
21/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3400 ***ABOVE AVERAGE***
21/10/2023 System Entry Energy, Saltfleetby, D+1 2,295,556.0000
21/10/2023 System Entry Volume, Saltfleetby, D+1 0.2008 *** 7.0912 MMSCF/D ***
Daily Output (Therms) = 68,963 ON 20.10.2023
Daily Output (Therms) = 78,328 ON 21.10.2023
Month To Date (Therms) = 1,811,013
Daily Output (Mmscf/d) = 6.2330 ON 20.10.2023
Daily Output (Mmscf/d) = 7.0912 ON 21.10.2023
Month To Date (Mmscf/d) = 163.6023
Average Per Day (Therms) From 06.07.2023= 87,082
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,673,400
Average Monthly Price Per Therm = £1.1428
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,283,873
F/C Net Monthly Saltfleetby Gas Rev = £2,005,398
F/C Net Rev Less Disbursements = £1,975,317
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 2,673,400 £2,005,398 Forecast
Nov-23 2,612,447 £2,051,248 Forecast
Dec-23 2,699,529 £2,237,117 Forecast
Q4 2023 7,985,376 £6,293,763 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 2,673,400 £2,005,398 Forecast
Nov-23 2,612,447 £2,051,248 Forecast
Dec-23 2,699,529 £2,237,117 Forecast
H2 2023 15,932,368 £10,679,559 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,082
Debt Outstanding KPI* = £2,223,527
12 Mth Rev-Debt = £23,295,009
F/Cast Share Price (p) = 2.01
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 1.52
Jun-24 1.59
Jul-24 1.68
Aug-24 1.79
Sep-24 1.92
Oct-24 2.01
Regards,
The posting of fact carries legitimacy,
I stand by my principles and values and what is in the advantage of the United Kingdom and its economy & I strongly resent being associated with the "Islingtonista" just as I find Anti-Semitism highly offensive,
The majority of Europe came together following the abhorrence of xenophobia & the Anti-Semitism which was directed against many of the people of Poland and I strongly oppose the xenophobic ideology which is presently detrimentally affecting the United Kingdoms economy and many of the good and decent European Nationals who are and have contributed so positively to many of the Sectors of the United Kingdoms Economy and clearly since 2016 it is evident the native population does not have the academic or technical skillset to meet the void that Brexit has created,
However on this occasion it is good to see that people are seeing through the despicable way the current legislature is managing the United Kingdom and huge majorities are being overturned and it is only a matter of time before Brexit is overturned, so "Just Suck It Up & Accept Brexit Has Failed",
Just as Sir Keir Starmer shall come clean and also accept that a forex rate of GB£1 to US$1.20, US$1.30, US$1.40, US$1.50 or Even US$1.60 shall never deliver the significant boost to the United Kingdoms economy to restore and generate sufficient deflation to generate the economic growth that is required to deliver for all sectors of the Economy and Single Market Membership for the United Kingdom is the only viable option rather than leaping from one disastrous Brexit Trade Deal to another disastrous Trade Deal,
The "Islingtonista" microcosm who insist on buying organic from their local delicatessen in all honesty is so far detached from reality that Brexit does not really affect them and neither do they or Swami Ji stand on the terraces and see the faces of the people whom Brexit is detrimentally affecting and neither do they or Swami Ji do their weekly supermarket shop and see the faces of the people whom Brexit is detrimentally affecting,
Thems the realities and Thems the reasons why for the future of the country and its up and coming generations they must never be afraid to demand bad legislation and bad ideology be dropped and the first thing that must be dropped is Brexit,
Just as you narrate one does not have to hold equity to constructively post on a Bulletin Platform specific to a Stock or its associated Industry Sector I have no objections to constructively debating what is beneficial to the economy the Oil & Gas Sector or what I believe is Beneficial to Angus Energy though lets keep it relevant and factual and fact is I do not associate or identify with the "Islingtonista" sub-set which I inadvertently have been associated with,
Regards,
19/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.1800 *** BELOW AVERAGE ***
19/10/2023 System Entry Energy, Saltfleetby, D+1 1,963,333.0000
19/10/2023 System Entry Volume, Saltfleetby, D+1 0.1713 *** 6.0494 mmscf/ d ***
Daily Output (Therms) = 66,992
Month To Date (Therms) = 1,663,722
Daily Output (Mmscf/d) = 6.0494
Month To Date (Mmscf/d) = 150.2780
Average Per Day (Therms) From 06.07.2023= 87,335
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,714,494
Average Monthly Price Per Therm = £1.1331
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,319,454
F/C Net Monthly Saltfleetby Gas Rev = £2,040,979
F/C Net Rev Less Disbursements = £2,010,364
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 2,714,494 £2,040,979 Forecast
Nov-23 2,620,053 £2,060,375 Forecast
Dec-23 2,707,388 £2,247,334 Forecast
Q4 2023 8,041,935 £6,348,687 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 2,714,494 £2,040,979 Forecast
Nov-23 2,620,053 £2,060,375 Forecast
Dec-23 2,707,388 £2,247,334 Forecast
H2 2023 15,988,926 £10,734,483 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,335
Debt Outstanding KPI* = £2,153,345
12 Mth Rev-Debt = £23,495,801
F/Cast Share Price (p) = 2.02
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 1.60
Jul-24 1.70
Aug-24 1.81
Sep-24 1.93
Oct-24 2.02
Regards,