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There does seem to be a pattern with the updates. An exciting RNS, followed by PF selling, then a clanger RNS. Trying not to say this is orchestrasted, but the price tends to follow back to base. How many expected a temporary connector? Surely a company plans ahead? Afterall, there are plenty of experts within ANGS. Getting the flow rates up and running, ideally you spot possible scenario's and have stringent planning moving forward. With the smooth comes the rough. We are the Dragons Den. The panel does not pass over money without questioning a business plan. We have the right to do so. Until SF is up and running, we have a right to question our investment. There are only so many compliments you can give. But we need the BoD to be more transparent. For or against BB posts, we are all here for the same reasons. Make sure we keep the BoD responding. Otherwise, as they say in the Dragon's Den,"I'm out!!" Keep the focus.
Clean up is not with a dustpan and brush, just to confirm. It's extensive and whilst we have a temporary connector, ANGS wants ensure they can get the best flow rates under the circumstances. I'd rather they are diligent with this process than any further delays. Stay cool and control those gushed liquids.
An overly exaggerated comment to make, "gushing liquid". A statement that needs to be backed up. We simply need to wait for an update from the 3rd, April RNS. The price will move north once we have definitive flow rates. If the price goes above 2.00+, we wouldn't care if PF is selling. The market is wanting ANGS to fulfil its expected target, simple as that. What is clear from 3rd April is, "we expect to realise the combined flow rates of all three wells later in the month." So we are in the final week of later this month. Hopefully, the update is expected flow rate increase and stable. Based on this, calculations will be done and the price will amend accordingly. As for now, we hold and if the price slips, so what? Gushing liquids aside, try to stay positive.
No doubt we were waiting for a conclusive RNS, wrapped up and off we go. It seems like the temporary connector has sent some in guess mode. The temporary connector is to get the flow rates increased as soon as. The flow to grid will no doubt increase very soon. We may not see 4-5 mmscfd immediately, but we will see an increase. That can only be better news. Today is not a setback or delay. It's just a slightly slower increased flow, with the expected flow in due course. Had there not been a temporary connector, the flow rate would remain as via compressor 1. I said it before, you just don't know what the next RNS will be. Yepp, it's hard to comprehend. Keep an eye on Singhie's flow chart stats(Thank you Singhie). The market is getting its head around the RNS. The price should balance better during the weeks. Keep the faith and we "SHELL" see.
We do get twitchy when waiting for an update from Angs. The thing is we can get a blinder RNS, as with 03/04/23. Very positive and it's around the corner. The follow up should be good. However, as time goes on, we start to question the progression. You're not sure what to expect next. Consistency is an issue. If the RNS from the 3rd is to go by, then we should expect a positive update. We can only wait and hopefully, the RNS is in our favour. We are all on the same page. Let's stay positive.
You have to take your hat off to Angus and team for their pesistence and drive to get this sidetrack done. They have been optimistic in the background and it's showing. I can only see one outcome and that is positive news to come. Stay positive.
Unfortunately, a delay, but the project continues. The price has to recover to the opening price from this morning. As disappointing as it is, we march on. Schedule update over the weekend. Angs and pi's can do with a positive Rns as soon as and inspire more investors. As much as our patience have been tested, we stay positive. Angs and GL owes us for our commitment. Let's hope they are true to their word.
At no time does the update say that the drilling programme has failed. There is a drilling issue which will delay the process by 14 days. The only sellers in the last near 2 hours are the ones who wanted to make a quick buck or two. Some scare mongering since this morning to scare out a few. We continue and hopefully the drilling is a success. Staying positive.
The timescale moving forward is extremely important. Obviously we need positive results. But Angs needs to start producing increased revenue with no further delays. This is the only way the share price will start motoring north. Otherwise, we'll be hovering around these prices for sometime. Hopefully, all updates during January/23.
This is all about the timesacale. Remember, the sidetrack was fully funded, as long as there is no more than 10 days delay. The process continues and yes, there is a delay. Therefore, funds are needed. We wait a little longer, but the project continues. Sidetrack and compressor 2 news to come. Those who sold before today will buy back. Those who hold, we can only be patient. Fingers crossed, both pieces of news come good very soon.
Another week closer to sidetrack and 2nd compressor. Exciting times ahead and positive news for sure. I am not sure why an individuals resorts to digging out posts from 2021 to try to put doubts into pi's ? Scraping the barrel does not work. Moving forward and a reminder to a negative poster. This is 2022, not 2021 and ANGS in a far better position and will get better. Stay positve.
Let's not forget the recent exercise of warrants will play a part on the share price. We have an oustanding 42,703,372 to go, which will also have a bearing on the price. Hang in there. After this, we can base the price on performance. Hopefully, the next exercise of warrants are the last batch, fingers crossed. Stay positive.