Member Info for tomhuk2000

Thanks Jarvy. Just checking there’s no date in court I’d missed

Hi there,

I’m aware of the record date etc, but do we know when the case results will be determined?

Time to take your positions. Are you in or out?
As we head into the long Coronation Weekend there’ll be 3 days of watching the daily production figures rise & then a clamour for premium priced shares on the Tuesday morning rise. I’m buying more cheap ones now.

https://twitter.com/redditdeluxe/status/1654383400264912898?s=46&t=IHEn1TE0c7FNFBktt6H8XQ

Flow from Tuesday up 10% on the recent average and at a year high. Let’s sit back and enjoy the daily rises!

https://twitter.com/redditdeluxe/status/1654054460891463750?s=46&t=IHEn1TE0c7FNFBktt6H8XQ

No pipeline decision until November sadly.

https://www.reuters.com/article/east-timor-natgas-sunrise-idINL4N37004T

Although I am pretty sure any increase would be modest at this stage.

Still no readings from yesterday flow. The suspense!

No worries, not taken. Yes I feel more sure of the information provided by the new CEO too. Very happy they mentioned not over promising and underdelivering in the recent Investor Q&A as well!

Yes indeed HeadintheSand, it is good to stick to the facts. There's also a way of delivering a question or response in a way that isn't condescending, this would go a long way to making the board a more productive space. But luckily I'am rather thick skinned.
By way of a defence I hadn't stated we were producing 8mmscft right at this moment and I would like to add that I was also an investor during the first gas phase of this stock and did my due diligence on angs then and am not in the dark when it comes to the expected flow rates.

By way of 10mmscft this is mentioned in the RNS dated 3rd April and refers to the competent Persons Reports of March 2020 and October 2021 which set a P90 target just shy of 10 mmscfd for the plateau rate of flow from all three wells.

By way of 12mmscft, George Lucan states this as their ultimate target in the extended LSE interview conducted late summer last year. (I can find the link if necessary, but it's easily found on YouTube) 12mmscft is also approaching the optimum capacity for the 2 compressor set up we have. But as you say, this might be outdated, but it's not an inconceivable current target for the summer.

I am not simply plucking numbers out of the sky at random here. But yes, let's stick to the absolute facts as of now. We should see the flow rates rise gradually toward the combined flows coming online on or around the 10th. Anything surplus beyond approx 5.4mmscft is unhedged and provides Angs with the financial security to focus on developing their other assets whilst turning a significant profit. This makes me a happy investor.

Good afternoon all,

I think we are at a turning point now where the bone of contention between the pro-angs investors and the "not-so-pro-group", the elephant in the room that perhaps made angs a risky investment (the success of the sidetrack) has been resolved. The sidetrack has been confirmed as a success and we now need to move on.

As per the RNS, the company have stated they are happy with the Saltfleetby gas flow providing them with adequate revenue, to not only continue, but to develop their other valuable asset. So this is where we are at: comfortably profitable at 8mmscft, even better as the flow is optimised toward 10mmscft and once the permanent pipeline is sorted in the summer we are doing very nicely as the flow approaches, if not exceeds 12mmscft. So now the focus will be on developing our oil fields, gas storage and when practicable rewarding us loyal but exhausted investors with a dividend.

That being said, it's maybe a good idea to move ahead on the right foot. Filter anyone who you feel offers nothing but useless or agenda driven ramping or deramping and let's get back to talking constructively about the Angus Energy's future rather than the past.

Malcys Blog:

“Another piece in the jigsaw for Angus and the shares should be a lot higher, after all the upside for production and in due course distributions should be on the cards…”

https://www.malcysblog.com/2023/05/oil-price-iog-chariot-zephyr-arrow-sdx-longboat-hurricane-ptal-eme-angus-and-finally/

And now for some much needed PR!

https://twitter.com/RedditDeluxe/status/1653416303829430277?s=20

With the flow rates being published each day this will provide a great daily catalyst to stimulate share price growth. As investors we can sit back and enjoy seeing the flow rates increase in the run up to all 3 wells coming online together on or around the 10th May. All whilst prospective investors clamour for our shares at premium prices. All in all it's been a good day.

https://twitter.com/redditdeluxe/status/1652276608307191809?s=46&t=IHEn1TE0c7FNFBktt6H8XQ

I’m going to hold into next week. I genuinely trust the sidetrack has been a success and the delays are with the temp connection. I have funds ready in case the delays continue into next week and the sp falls further. I endured a similar experience in the run up to first gas and my patience was rewarded with a rise from 1.3p to 2.8p, so I’ll give this the time it deserves.
Even a partial success of 9mmscft is transformational for the balance sheet and the outlook of Angus.

https://twitter.com/redditdeluxe/status/1651907556321755137?s=46&t=IHEn1TE0c7FNFBktt6H8XQ

https://twitter.com/redditdeluxe/status/1650757081383817216?s=46&t=IHEn1TE0c7FNFBktt6H8XQ

The big seller is finally out now. Paul Forrest the non exec director just sold his LAST PERMITTED allocation for this quarter. (Read the last line) no more allowed until June.
So when the final sidetrack flow rate RNS hits next week there’ll be nothing to hold #ANGS back!
Maybe this is why GL held off announcing this week?

https://twitter.com/redditdeluxe/status/1649452321988902922?s=46&t=IHEn1TE0c7FNFBktt6H8XQ

Sorry Mr008 but you’ll have to go in the filter bin. You add nothing to this forum with your odd, mildly schizophrenic, poorly research and lazy posts. All you’ve achieved is to ensure that everyone with credibility and sense thinks you’re a moron.

Edging up. 63,617.

Ah yes, let’s hope so!