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Posted in: SOU
You should probably focus your ire towards the people who ran this company into the ground, rather than me.
So the house broker now puts a best case target at 7.5p vs the 20p+ that was touted by the board only 6-12 months ago. I assume by this time next year the target will be 0p.
Posted in: CORO
Yet another corporate governance vacuum courtesy of James Parsons.
In other news, bears continue to **** in the woods and the pope is still catholic.
Posted in: ZEN
If it sounds too good to be true on AIM..............a 500% premium during the worst depression in a generation and an oil price headed towards 10 bucks? hmmmmmmm
This smells like another Lekoil... Hopefully they do their due diligence hahaha
Posted in: ECHO
So ECHO will be in technical default in 6 days. Magnificent work.
James Parsons you ****ing disgrace. I asked the question regarding payoffs in the FSC which was obviously ignored because they deliberately broke AIM rules to push it through. Outrageous behaviour.They'll tell you in an RNS that they're cutting their wages while neglecting to mention that they gave themselves a massive potential payoff.AIM is full of crooks and shysters.
Posted in: TXP
Holy **** that's an amazing result... 100p written all over these
Posted in: ANGS
The answer of course is they paid nothing for it, in fact ANGS were PAID to take it off their hands!!! And yet some people on here think that by essentially doing no work, ANGS have turned an asset worth -2.5m into one worth 50m. Crazy.
Reading is not really a massive effort
Here's a good question if you want to value the Saltfleetby field. Bear in mind that the CPR resources are exactly the same as those identified at the time ANGS farmed in.What did ANGS pay to the previous operator for 51% of the license?
ah yes Lidsey - producing a magnificent 15 bopd. Amazing.
Huh? Salaries were 340k in 2019 vs 270k in 2018. Isn't that higher??
to be fair, it's gone from 1.25 to 1.06 since i started posting.you are misleading people on here - ANGS don't have enough cash to do anything at saltfleetby, an asset that the previous operator left idle for 4 year because it wasn't worth developing.They made a 5m loss last year with 4m spend on expenses and a 0.9m impairment against their two biggest assets. They have 3m cash.
not upset, just don't want innocent punters getting spiked with bullsh*t RNSs and desperate ramping from the stale bulls here
Errrrr the impairment is only 0.9m of the 5m loss....
Not only can they not afford to drill anything, they highlighted themselves that the opex costs are high for the field. £50m is a pie in the sky number - ANGS won't make that in a million years.
Admin expenses for 2019 were £4m........
Either that or it'll be ramped to 2p and then a placing sub 1p..........