Member Info for Yanis2005

Good afternoon BV, I did not make it up LOL.

The list of equipment is out of the EA submission and IMO is a reasonable gas processing system with power generation. Previously a similar gas processing plant was in the Theddlethorpe Gas Terminal which shutdown.

It is a simple but fair gas processing plant that needs time to be installed and commissioned, you cannot rush this thing up, is hazardous and is governed by regulations. This is why I have been vocal on late equipment delivery. Unlike some on this board I will not be happy if 1st gas shifts beyond mid-March.

Looking forward to see the revised plan and I will be extremely unhappy (furious in fact) if is not delivered within the next 5 days (as promised by Angus).

Geeman, patience mate. The SP is sitting on a very very strong support. Also, sellers stop at this level and do not appear to want to sell any lower, for at least a couple of months now.

I wish I had some more spare cash to take advantage of this weakness and add some more.

The next TU should see the SP move higher in my opinion.

Compressors & power generators should have been on site already, but let’s see the SFB reconnection plan promised for this month. We need this plan to compare it against planned activities and gain some confidence.

From here on full transparency is essential, if a rerate is to happen.

Ocelot, I see my question on Civil Works is now up. Good to see.

Missed a couple of items, add

-Dehydration package
- Joule-Thompson package
- Metering package

ED, I will when I see a lot more activity, we still have the following equipment to see delivered

- Two compressors, blowers & fans
- Pumps
- Exchangers
- Air coolers
- Vessels
- Columns
- Reactors
- Three gas-powered generators
- Miscellaneous construction items
- Pipework
- Cabling
- Control & Safety system ??
- Modifications to the existing 3-phase Separator (will this be done on site or send to Vendor works??)

And all these deliveries before we finish Civil Works, install the equipment, pre-commissioning and commissioning and mechanical completion before introducing gas.

Still a lot to do and little time left. Need to hurry up.

1st item of equipment arrived at SFB (ground flare)

https://twitter.com/angusenergyplc/status/1463862047364599811?s=21

EchDelta,

You are on to long reason discussion blocking short seller posts - one more like this and you will be reported again.

No PI is allowed to short AIM stocks, MMs are allowed to short as part of their routine market making activities - nothing sinister in that. And yes, is possible to get a crooked MM just like is possible to get crooked fantasy driver and a crooked poster on this board.

However, irrespective of the above, by looking at the trading activity, is clear to everybody with two brain cells that no shorting is taking place. The volumes are so small that is not worth it - no crooked MM (if there is one which I doubt) will risk it for such a relatively small gain.

The problem with the SP rot is Angus’s apparent incompetence - failure to deliver what is promised by the promised dates. Time after time.

Please stop posting these very long non-sensical posts. Thank you.

They are all in incompetent self serving bunch, by the time they get kicked out they will do enormous damage to the country.

Morning BV,

That sounds good and good prospect of approval. We’ll still need EA approval after that I take it.

Bringing Brockham back on line will not be the Star Wars expected from BRX4z but even a couple of dozen barrels a day at current oil prices is good. Every little helps.

EchDelta, this is the last time I am responding to a post of yours.

You obviously have not been in Angus for long enough to get the experience of being constantly let down by Angus - in five years I have experienced numerous promises fail and not one, not even one success.

Some here consider the funding as a success, but look at how long it took to negotiate … and where we now are after this funding has been secured. Slippage after slippage.

I was let down many times before (and I have the wounds, currently ~£50k loss), these slippages are extremely worrying to me as they induce feelings previously experienced followed by disasters.

I am a shareholder, yes … but I am not a blind cheerleader. Just realistic about it.

And please, stop posting the long posts about shorters of Angus, there aren’t any. All those posts achieve is disrupt reasoned discussion.

Shareholder value is in … you guessed it, the value of the SP.

A lot more can be done to promote the company properly. Not to sound Wressle success from the rooftops is a very big big mistake.

Is not the fundamentals that matter … is the peoples perception of the fundamentals that drives the SP.

HITS, this slippage is a big worry and is the reason the SP is suppressed.

Very frustrating, there was meant to be a lot of site activity at this time, there is effectively nothing happening. There was meant to be a lot of equipment on site, there is nothing. There is absolutely no way now for first gas in Feb or mid-March, which is still promised.

Since the funding is in place and the EA approval is not required until gas needs to be introduced in to the system for hot commissioning, this slippage is 100% unjustified.

Six more days to end of November to deliver the SFB reconnection plan which should have been ready months ago.

I asked the Investor Question last month and Angus promised to deliver this plan this month … let’s see what happens noting that plan delivery is no consolation for the inexcusable slippage.

Looks like she may have bought the wrong type of mattress. From what she is describing she needs a (very) firm mattress, orthopaedic.

I suffer the same issue my self when I sleep on a soft mattress. Had this problem for quite a few years now and my mattress is always firm.

About 11 years ago I bought a firm orthopaedic mattress from Bensons, £900. Less than a year later I begun suffering from pains, the mattress looked caved in. Called Bensons, to cut it short, they sent somebody round, took some measurements and went away. Later I get a call from Bensons telling me that the cave in is within tolerances. I did not like that, they sold me the mattress as orthopaedic.

Got annoyed, threw the mattress out and bought another one from somewhere else.

Ocelot, thanks for pointing it out - hedge!.

Peter, how do you calculate your revenues? You state

“Production at 6mmscf/d generates £6.25 million in revenue between July and December but 10mmscf/d generates £14 million”
That is
6 MMSCFD generates £6.25 mil
10 MMSCFD generates £14 mil

How is that possible?
6 MMSCFD generates £6.25 mil
4 MMSFD (i.e. 10 - 6) generates £7.75 mil (i.e. £14 - £6.25)

It does not add up.

Also are you saying that there is no worry if 1st gas doesn’t appear until June? I don’t get your point.

EchDelta/Cuddothisnow,Solo4Yous … and whatever monikers you are using,

I don’t need you to tell me to sell up and frankly I find it offensive.

I post that I invested £90k over the last 4/5 years and that £90k is now worth under £40k and you are telling me to sell up? I’ll sell up when I am ready. Only a low life will show no compassion under these circumstances.

And this is a discussion board in case you don’t know - is not a cheerleading board. Your constant littering of this board makes discussion impossible.

Continue like this and I will be reporting you.

Nom, is either that or a couple of wires are disconnected?

Yes, good find. We should be getting an RNS on this soon.

The zombie BOD needs to be kicked out. They need to wake up.

This is completely inexcusable … MCap versus Wressle revenue alone is a joke.

They should have issued an RNS on revenues received … crossing £1,000,000 or has Wressle shutdown?