RE: Production4 Aug 2018 12:52
don't get to fobed down with tanker movements remember this is a flow rate test so to speak? not forgetting it also potentially will bring in much needed cash for angus to move forward with their agenda much of is not in the public domain, I believe they plan to grow. so if the flow rates lives up to expectation? or not .
There will be a positive or negative support from the government's recent change in policy, depending if this can be said to be commercially viable. The goverment can't back any production application without proof, this is the whole point of angus planning application strategy, wouldn't want to upset the locals for no reason.
So my point being that if the flow test live up to expectations and provide proof of commercial appraisal then hold on to your shares this will be a ten bagger easily from this starting point. This of course is my point of view but if the planning committee turn down this application and is won on appeal, which will happen as its only a flow test application after all, not production they run the risk of being taken out of the process altogether. We have the approval of the planning officers which will be recommending the application to the planning committee they should give the go ahead on that recommendation this is not about senterment its about proper procedure or should be.
So if approval is granted then this is a big plus, and the SP will be reflecting this, but if the well becomes viable then you will see this rocket Angus being the first will give them a much needed start to take control, and look for even more avenues of potential growth all this will not happen overnight but medium to long term if you believe they have bigger plans? the people involved with this should be a clue. any way DYOR ang GLA