Member Info for tony_currie

Https://www.theportugalnews.com/news/2025-01-15/saudi-arabia-looking-to-portugal/94909

The revenues of £6.12m are up c.19% compared to third quarter revenues of £5.14m. At the end of the Hedge (end of June) the new calculations are :-

1.91mm therms per month

1 mm therms @ .84p = £840,000

.91 mm therms @ 1.14 = £ 1,037,400

per month = £1,877,400

per year = £22,528,800 (*without new compressor boost)

Good year ahead for Angus.

Resource in the billions. Open pit!

+1 million oz (gold at 2400 per oz) = $2,400,000,000

HITS - here is the information I posted a while back about the new Hedge. We are selling less gas at a fixed price and likely to be producing more gas.

Looking at future forecasts and the new hedge (Starts July this year) the increase in revenue will be excellent for Angus. Take an average yearly price of £1 a therm (conservative) with an average 1.5 million therms a month (conservative).

CURRENT DAILY

1.25 million at .40p = £500,000

.25 million at £1 = £250,000

Revenue per month = £750,000

Revenue per annum = £9,000,000

NEW HEDGE

1.085 million at .8441 = £911,400

.415 million at £1 = £415,000

Revenue per month = £1,326,400

Revenue per annum = £15,916,800

So nearly double revenue is achievable!

This the year for Angus, the hedge finishes, new compressor and record gas prices.

https://www.theguardian.com/business/2025/jan/02/wholesale-gas-price-russia-supplies-stop-transit-deal

Mentions 90% uplift on market price. Lets get to double digits first!

Late buy?

18-Dec-24 16:15:35 4.25 2,000,000 Unknown* 4.20 4.40 85.00k

Weird trades ;-)

18-Dec-24 14:46:32 4.20 62 Sell* 4.20 4.40 2.60 O

18-Dec-24 14:46:32 4.40 59 Buy* 4.20 4.40 2.60 O

18-Dec-24 14:46:32 4.20 59 Sell* 4.20 4.40 2.48 O

18-Dec-24 14:46:32 4.40 56 Buy* 4.20 4.40 2.46 O

18-Dec-24 14:46:32 4.20 56 Sell* 4.20 4.40 2.35 O

18-Dec-24 14:46:32 4.40 54 Buy* 4.20 4.40 2.38 O

18-Dec-24 14:46:32 4.20 54 Sell* 4.20 4.40 2.27 O

18-Dec-24 14:46:32 4.40 51 Buy* 4.20 4.40 2.24 O

18-Dec-24 14:46:32 4.20 2 Sell* 4.20 4.40 0.08 O

18-Dec-24 14:46:32 4.40 143 Buy* 4.20 4.40 6.29 O

18-Dec-24 14:46:32 4.20 10 Sell* 4.20 4.40 0.42 O

18-Dec-24 14:46:32 4.40 146 Buy* 4.20 4.40 6.42 O

18-Dec-24 14:46:25 4.25 250,000 Buy* 4.20 4.25 10.63k O

Big buys still happening.

16-Dec-24 13:06:49 4.40 716,340 Unknown* 4.20 4.40 31.52k

The unknown is a joke 4.40 is top whack!

Darcy, Hypothetical sher prices are what we are here for ;-

The fundamentals are simple as declared in the October presentation - Post-tax NPV8% US$953m (note this is based on drilled so far, much more to come). Savannah's current Market Cap. £93.43m. So potential 10x current share price.

11-Dec-24 11:34:39 4.30 650,000 Unknown* 4.20 4.40 27.95k

just spiked

Someone definitely accumulating - slowly and surely. Last five days we have had £10k plus buys or more every day.

All the German interest has sparked some buying.

04-Dec-24 11:50:27 4.20 1,000,000 Unknown* 4.00 4.30 42.00k

Higlights

1) Production going very well and stabilised.

2) New compressor expected delivery very soon.

3) It's a Booster compressor so will increase production - installed end of Feb

4) Looking at Hydrogen, made a strong case for Hydrogen storage for Saltfleetby.

5) Angus identified by International Journal of Hydrogen energy as the third best place to store Hydrogen in the UK and the best onshore site.

6) Need planning permissions but government has pledge to back Hydrogen.

Mário nuno dos santos ferreira acquired a 4.6% stake in Savannah Resources in March 2024,which is developing Europe’s largest lithium mine. He now has 10%, he is very serious about this investment! Mário nuno dos santos ferreira net worth $73m.

Correct, but remember more wells to be commissioned and the third compressor will all increase this. Still at the early stages of a field that has 10-15 years worth of gas.

Someone just bought £17K - news coming?

Looking at future forecasts and the new hedge (July next year) the increase in revenue will be excellent for Angus. Take an average yearly price of £1 a therm with an average 1.5 million therms a month.

CURRENT DAILY

1.25 million at .40p = £500,000

.25 million at £1 = £250,000

Revenue per month = £750,000

Revenue per annum = £9,000,000

NEW

1.085 million at .8441 = £911,400

.415 million at £1 = £415,000

Revenue per month = £1,326,400

Revenue per annum = £15,916,800

Looks like production going back up is the third compressor insatlled?

Late trade appeared

16:25:56 0.30 5,250,000 Unknown* 0.25 0.35 15.75k