Member Info for smithfields

'Turning Hostile'....could be just 'hot air'.

Angus Energy PLC (ANGS)
1.15p
-0.05 (-4.17%)
19 Jan 2022, 09:54

'I hope the proposals fall through.'.
https://www.lse.co.uk/news/SOU/angus-energy-refuses-to-budge-despite-sound-energy-circling-915vwwwk23vbsba.html

It's turned 'hostile'...with five others in contention....What does Graham see in this that we don't?

I like the website.. Shows signs of promise.

Has the Marine Licence a time limit attatched?

Condition Precedent.
DEFINITION of 'Condition Precedent'. A condition precedent is a legal term describing a condition or event that MUST come to pass before a specific contract is considered in effect or any obligations are expected of either party.

Once Graham issues and confirms the 'Notice to Proceed' contract with 'Italfluid'....this will begin to move.

'Conditions precedent to the Loan include a project contract with Italfluid Geoenergy S.r.l (Italfluid) for the provision of a gas processing and liquefaction facility relating to the Phase 1 development being effective and evidence being provided to the Lender of the issue by the Tendrara joint venture partners of "Notice to Proceed" to Italfluid'

https://www.thetakeoverpanel.org.uk/the-code/download-code

'With this loan: Today Afriquia Gas on paper owns at least a third of the company, knowing Afriquia G, Sou take over could be an option to complete the project. '..........It's possible...and could be a legal obligation.?

https://www.montelnews.com/news/1286773/algeria-offers-more-gas-to-europe-amid-supply-crunch

This is beyond belief..

https://www.msn.com/en-gb/news/world/uk-gas-prices-rise-data-exposes-staggering-1000percent-hike-as-russia-tightens-grip/ar-AAS5orV?li=AAnZ9Ug

29-Mar-17 29-Mar-17 Buy Marco Fumagalli 74.81 GBX 300,000 74,411,907
06-Jul-17 06-Jul-17 Buy James Parsons 47.02 GBX 53,158 1,721,187
29-Mar-17 29-Mar-17 Buy Marco Fumagalli 74.81 GBX 300,000 74,411,907
29-Mar-17 29-Mar-17 Buy James Parsons 73.97 GBX 27,033 1,668,029

'We can't blame the $hite that Graham inherited'...at least they put their money where here mouth was

https://www.rt.com/business/543888-gas-price-europe-record-high/

SPA's August valuation no longer applies.
https://ukinvestorshub.co.uk/site/2021/12/20/gas-price-in-europe-going-up-up-up/

Gas prices going through the roof while HARL twiddle their thumbs...
https://112.international/society/gas-price-in-europe-approaches-14001000-m3-after-berbocks-statement-on-nord-stream-2-67724.html

We shareholder hype this up.......and JW cashes in on it....sounds like a mugs game.

Friday's meeting...Some one needs to ask JW if there will be another fund raise next year....as this is worrying shareholders and currently supressing the share price.....any answer than a 'NO'...will be suspect.

https://www.rte.ie/news/environment/2021/1201/1264168-renewable-electricity/

https://www.rte.ie/news/business/2021/1118/1261750-shell-buys-51-of-irish-floating-offshore-wind-project/

They need to pull their fingers out...
https://www.rt.com/russia/540193-putin-belarus-gas-pipeline/

Turning down 'free' power'...they might change their minds next week.

https://www.belfasttelegraph.co.uk/news/northern-ireland/ni-weather-warning-for-wind-as-met-office-say-disruption-to-travel-likely-41002047.html

https://www.msn.com/en-gb/news/world/uk-gas-shortage-fears-as-150mph-arctic-air-could-plunge-britain-into-freezing-crisis/ar-AAQuVlD?li=BBoPWjQ