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It's very important to keep the focus. Do not be swayed by mystic meg's claiming to know when the Rns will drop or quietness is due to Angs in serious discussions with the government. We always tend to get strange newbies appearing on the board. I suspect Angs employees are reading our posts and reacting to this with an end of week tweet. Rely on concrete updates from the company, not on individuals claiming to know too much. Angs and GL are under the spotlight and rightly so. The focus is on the company to perform, not on an individual trying to be clever on a message board.
Angs had a habit of sending Rns's in previous months. Very strange not to have had a single Rns in August, but 2 Tweets. We do need an official update, rather than a couple of lads on Twitter. The ambiguity will continue if there are no follow ups. GL needs to stand by his interviews and updates. Be a man and above all, be honest.
https://twitter.com/angusenergyplc?lang=en
Yet again, just a Twitter update a few minutes ago. Still, we need Rns.
Stay positive Tygra. Hopefully, we'll all benefit in the near future. Like yourself, waiting for the Rns, rather than tweets. We certainly do need an update. Our loyalty has been shown. We can only be getting closer to some news.
Tweets are tweets and can be written by any employee. The responsibility of an update is via Rns. We had 5 progress updates on Saltfleetby in July. We are still to receive any update from Angs during August on any subject. If this tweet has any meat on it, well this week some update from relevant hierarchy. That is to be believed.
Speculation has been flying from both ends. Calculations of where this can go and how many multiples this can jump. GL has done numerous interviews and RNs's with optimism. GL is responsible for the updates. He has to back up the details and has to stand by them. Quite concerning there is lack of follow up to such positive updates. We can only wait and hope for the best. But again, GL will have to justify his previous statements, that's a definite.
HITS, agree. Mercuria is not a charity and will have agreed a fee with ANGS to defer a portion to Q1. But the gains ANGS make initially will not go all to Mercuria. Cash flow is key and ANGS are thinking forward. The objective is to clear debt and to prolong the running of the company. Gas margins are high, profit taking can be greater. Why to depend on loans and debts for months to come? Yes, pi's wait for positive news and hopefully, all boxes ticked.
HITS, you are wrong. The Rns clearly says" a portion of the Q3 2022 hedge into Q1 and Q2 of 2023." That means some payment is still being made. Whilst gas prices are very high, ANGS are wanting to take advantage of the gas margins. That is business. Natural resources are not at consistently fixed prices, as this is not a boxed product. If ANGS can take advantage from profits at the beginning of production, is that a good thing? It's a benefit to the company, shareholders and the hedge, which has been agreed.
The thing is Silverlight, we have an individual on here, who sold their holding last week, decided to boast they made a profit and still post on here to batter Angs. Having a punt, just walk away with the profit. What is the objective to be here without having a share here. The same trolls only post when the price is down. You never hear from them when the price is in the plus. Sad objective, too much time to burn. Us pi's wait patiently for an update.
It's probably best to have one Rns than individual Rns's. We are due an update anytime soon. We have come this far and the updates are promising. Now is the time for gas flow, rather than updates on connections and lorries around the site. Let's stay positive.
There is nothing we can do, but sit and wait. The timelines are delayed. Not a single pi can be happy with this. The ball is in GL's hands and he needs to justify his excitement. Pi's are criticizing each other. But the focus needs to be at ANGS and GL. I am more interested to see how the CEO justifies previous positive Rns's. Very strange individual if GL back tracks from such positive (delayed) updates. Hopefully, he reads these posts. Plays your cards GL.
GL is compromising his credibility. It would be better not to send Rns's if they have no definitive action. Kicking a can down the road is no way to update pi's. The hype is not ideal. The BOD must consider us and be more diligent with their updates. It's not funny.
Hi Johnno39, the best way is to focus on the performance of the company and stay positive moving forward. There is no doubt a hidden agenda amongst a few. They will not have a bearing on the price, no matter how negative they are. Stay positive.
This was an interview on the 10/06/22 if anybody missed it (Jeremy Naylor/GL). Might give some indications:
https://www.youtube.com/watch?v=Ro4A7g7L8IY&list=FLiVQ1tqkVMgj4n9MudUFLxg&index=1&t=616s