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Baits: Totally agree. Once this scenario is filled, the price will gradually increase. I'm guessing we are near the bottom. It's difficult to switch off and ignore, but I strongly believe the price will correct upwards soon. Thumbs up to ANGS. Just up to the market to match soon.
The chords on AIM have been snapped for years. Bizarre and very unpredictable and do not know what happens in the background. ANGS is doing everything it needs to. Stabilizing flow rates is key. Once the consistency is in place, that is the objective. As with AIM, fun and games. Pi's confidence is waning and this is not ANGS fault. If this was a main market company, the price would be alot better. No doubt, the price will rise, but when is the question. Hold on tight.
The market is taking a hit. The less performing companies are doing better in recent days. Angs Mcap is drifting down. Although we have been here numerous times before, you would think some stability would be here considering last weeks RNS. It's hard to comprehend the actual reason for the continuous drop. Whatever the chef is cooking(directors), we would like to see the menu. The morning silence on this BB tells me alot. Keep the faith and maybe one day this will turn around.
According to the opposition site, I suppose this is the intelligent conversation, "However as an investment it's a dead duck as far as I'm concerned." Sounds very productive over there. Maybe we should all jump off a cliff. We can all do with a break after a positive RNS from Monday and an Australian share price(Down under). Ideally, would like to know what is happening at B7T well FROM ANGUS. Any further drop, maybe an update?
Magoo247, many different reasons and opinions have been mentioned on the BB in the last couple of days. The truth is nobody knows for sure. The share price may jump in the next couple of working days. We base performance as a key indicator for price increase, but that isn't always the case. Yesterday, both AMGO and CINE were up 30% plus in the 1st couple of hours, no RNS. Both companies living on borrowed time. One thing is for sure, ANGS is doing what it's supposed to be doing. Progression is occurring, but unfortnately not reflecting in the price. Our turn will come when. ANGS is doing the right things for sure.
Numerous reasons for why this may have happened on the BB. What is clear, the RNS was progress. The flow rates are better and that can only be good news for increased revenue. No doubt the price will go higher. Hopefully soon.
Baits, I sympathize with you and no doubt pi's would have banked on this news being a sure winner. However, this is AIM and very volatile. Although regulated, I do feel AIM is not monitored properly. Fun and games do happen in the background and companies can go up 100% plus for no reason. However, at the moment with ANGS, we have seen progress. Therefore, the market will budge sooner or later. There are numerous reasons this has been dropping and we can only speculate. RH and GL will have the PR to move this forward. I hate AIM with a passion, infested with cigar smokers in the background. But this is a decent investment, with this company moving in the right direction. We have to ride this storm for now, but we will be rewarded.
It's the market reaction to AIM unfortunately. However, eventually there will be no hiding place. The price will have to reflect the performance. I'm not worried to be honest. The price increase will come for sure. Let the market play its little game. Patience is a virtue.
The important word here HITS is maximise. With the permanent connector, they are looking at 10 mmscfd (maybe more). With the current temporary connector, they are looking at an increase. Whatever the increase for NOW, will be an improvement. They have been very honest about this. We can guess, but much better than the current 5.3 mmscfd average. For anything above 7.5 mmscfd to 8 mmscfd( a guess)should have some impact on the price. We can see their urgency to get gas to the main grid. They are trying, a positive move.
It's all about building confidence in the market. We've had overly excited updates in the passed. More about dates missed, delays. Richard Herbert comes across as pragmatic. No cutting corners, as the market does not like cutting corners as it does not benefit investors. Once the pressure from the 3 wells flows are balanced via 2 compressors, that will be productive and the market will react accordingly. It's no longer a game of "IF". It's about "When", which is hopefully soon. Richard Herbert comes across more composed. Angs needed a balanced character. Whatever the update in due course, the flow rates should be much higher and the price will react. Stay positive.
Gone from Smeagol to Gollum in such small time. We all have our strategy, but best to keep it to ourselves. One thing is important is respect. If you don't give it, you won't get it. This new behaviour commands no respect. This board is alot more balanced. We hear noises nearby. Best to keep the focus if the respect isn't coming from the other side.
I think it would be a good idea to draw a line about an individual that has no doubt been kicked off LSE, thank goodness. Telling holders there is a problem with A4 well to lure sells for a lower entry price, cheap as they come. We base our holdings on company updates. Next week and flow rate increase is what we're waiting for. It hurts to see other shares increase on price, based on No Rns or little news. Our line of progression is better than Q3/22. But the price is still the same, but we still wait. One important advice, dyor. I can say, Angs BB is alot more better than the last few days. I wonder why? Looking forward to flow rates this afternoon and a pick up on price next week.
The company has certainly changed its direction and vision for the better. You would think the progress would have attracted investor attention. The past has to be let go. What happened 2 to 3 years ago is not happening now. Recent RNS has been positive. Hopefully when the revenue starts to increase, this will reflect in the price. No doubt we have been patient. I would like to see us being rewarded in the very near future. Staying positive.
Spot on balancedviewer. Once the pressure from all 3 wells are maintained, the flow rates will increase. Add more good news. Once the permanent connector is up, the flow rates will be even better. More goods news? Mr008 will be long gone.
Best not to keep staring at the price. The RNS clearly tells us the flow rates will increase very soon. A much clearer RNS compared to previous one for sure. This is all about being patient in the very short term. The market will react to increased flow rates. Absolutely better times ahead. Well done to all holders.
HITS: Agree and this how some pi's are playing it. If PF sells in June, price will be beneficial to him&co. If ANGS are not providing the confidence via updates, how else do you make money?We are left to guess on the next move. Each individual has their own strategy moving forward. I don't mock a single pi here. If this is how ANGS progresses, so be it. It's a rocky ride with buying and selling until this company has a clear direction and vision. Let's keep rolling the dice and hopefully one day, we can call this an investment.
The problem is GL pops a bottle of champagne whenever he smells gas. Richard Herbert is more experienced in this field. Maybe RH is more thorough and would rather update with precise details. What Rns's we have been getting is GL over doing it followed by a " I just love champagne". Based on the 18/04/23 Rns, there is nothing to say we cannot increase the flow rates with a temporary connector. I'm hoping for some increase before the permanent pipe in the summer. This price needs to match the progress. Final week of end of month, so any time soon I hope.