Member Info for Yanis2005

Oh dear! Somebody shorted 10,810 shares … a staggering £88.10 worth. Boom.

Geeman, you should apply for the Customer Relations job :) :)

Geeman, if that review is false surely Eve can respond to the post and also sue whoever is spreading misinformation? I know is a delicate issue but ones reputation must be protected.

I agree with you, the fault that this poster is describing is a manufacturing fault that would have caused the mattress to fail inspection test before it left the factory. In the event of inspection failure, the fault would have been noticed when the poster first slept on it.

Not to take the old mattress is not good at all and taking 4 days for a response is very bad.

Didn’t CC say that they will not be spending much on advertising and let their service do the talking? Mainly grow through customer recommendations?

What happened here is a complete failure. Anybody knows if they addressed this customer complaint out in the open (i.e. replying on the review site) to counteract the posted review?

Some people cannot be helped.

End of.

EchDelta, your 12:20 post.

I have £90k invested in Angus and right now I am down £50k, my £90k is now worth just under £40k. I have been more than patient over the last 4/5 years. Also, my patience is now at its limits.

I am tired of listening to nonsense on this board. Angus was floated at circa 250k shares and now has circa 1 billion. Angus was originally boasting about not having to dilute and now we have ~1 billion shares! Shareholder value gets decimated with dilution - look at UKOG, ALBA, UJO … Any sensible shareholder worries about unnecessary dilution. Especially when dilution is for basically paying fat salaries.

Now, there is no way we are going to meet the Feb/mid-March 1st gas deadline unless we see increased activity at SFB now. It takes time to install, pre-commission and commission all the process & utilities equipment that the need to install.

A further slip in 1st gas is not justified. Especially in view of high gas prices, they need to get to 1st gas asap so they can cash in before the hedge kicks in. Cashing in will eliminate the need for a placing.

I for one I am worried about a further slip in 1st gas deadline leading to a need for a placing to keep the lights on and service the loans. Any reasonable shareholder should be concerned about this.

Peter, your stating “It is also worth mentioning that this “time critical” date is three quarters of a year away. Hardly something to get too panicked about IMO.”

Do you know if they have enough cash to keep the lights on until then?

A further slip from mid-March is NOT to our interest. The better meet their promise this time.

Sustained profitability in 2022.

Ocelot,

At present at Saltfleetby there are no gas processing facilities. We simply have the wellheads with valving arrangement and a pipe connecting these to the processing facilities at the nearby gas plant which is shutdown.

Is this right?

Ocelot, may I ask why you think the EA approval is a given? Your reasoning for it?

Ocelot, if these delays continue there is a very real danger of being hit with another placing to keep the lights on before we see any gas! Unless of course the BOD cuts or defers their salaries or gets paid in shares.

This lack of activity at SFB, in my opinion, is a deliberate slowdown waiting for EA approval before funds are committed in any big way. Is either this … or … pure incompetence. Take your pick.

Ocelot, get real please!

This is not a new plan. It should have been available in October - has already been revised a fair number of times.

What could be holding it? More of the same (of what happened before)?

Considering the state of the SP and the complete lack of sentiment …. There is no excuse.

And by the way, they still haven’t done any decent share purchases that they promised they will do months ago.

How is the market going to gen any confidence?

Very frustrating and very inexcusable.

The SP was supposed to be going up at this moment in time as we are getting closer to 1st Gas in Feb/mid-March but instead is going down - Why?

In my opinion the market knows best and the fact that the SP is going down it tells us that the market has no confidence that 1st gas will be achieved by the stated deadline.

And with practically zero activity at site and no equipment delivered who can blame the market for not believing?

Last month we asked for a detailed SFB reconnection plan, Angus said we’ll have it November … but taking this to the end of November is taking the biscuit . They do not have to develop this plan from scratch! It should have been available already.

This is not right and is very unreasonable. Are they buying time to see if the EA approval will be given? Nothing else makes sense for the complete lack of progress.

Morning BV, we need to see that promised SFB plan. It should be ready by now if we are going to meet 1st gas in Feb/mid-March. We need to see equipment installed on site, I assume now that after the recent tweet the Civil works started and will be ongoing.

The take out from today’s tweet is that the Civil works have now started. Looks like my IQ last week trigger something, or is it a coincidence? I hope it is a coincidence and not a gesture.

They should now be getting on with the equipment foundations too, so that when the equipment is delivered it can be sited straight on the foundations saving time.

I hope this is the beginning of site activity, more pictures to come on a regular basis and hopefully the SFB reconnection plan is issued this week. Fingers crossed.

PS: EchDelta, nobody is shorting Angus.

I wish those pictures are indeed old as they show nothing happening at site. We don’t just need pipe sleepers/supports, we also need foundations for equipment. If they are only starting with this now … they need to hurry up.

We really need to see some equipment at site.

EchDelta, there is nothing wrong in criticising your investment.

We need to keep the pressure up on Angus. Isn’t it strange that after we started talking about civil works and put up an IQ we get this tweet https://twitter.com/angusenergyplc/status/1460559521756205058?s=21

HITS, don’t you think that before we get to:

"how much gas and by when?"

We really need to get to:

“Will SFB ever be build/commissioned and by when?

EchDelta, just in time engineering?

These guys cannot even do “plenty of leeway engineering” (made this up) and they are going to do ‘Just in time engineering”? As I said below, the gas engine they showed us been refurbished was supposed to be on site last month.We are having a constant slip in deadlines.

There is no such thing as “just in time engineering”. The engineering has to be completed, plans/drawings have to be approved. Drawings maybe adjusted after installation & commissioning to produce as-builds, but you cannot make it up as you go along.

James, looks that way.

A slip in 1st gas to Q2 and beyond is increasingly looking likely to happen and this will be catastrophic for LTHs. My patience is fast been exhausted.

EchDelta, forget the warrants for now, the SP is well below the strike prices. The only way to save money is for the BOD to cut their salaries (which they recently doubled, undeservedly).