Member Info for Yanis2005

And the higher up the SP goes … the less volume it takes to push it even higher!

Ask back up at 1p now … WOW …
In all likelihood somebody is building a stake … or a leak?

Either way … Happy Days :)

Bid up … here we go, another run?

An other Form 8.3, AR up to 2.97%. He stopped just under 3% - is a TR-1 going to follow?

Given Friday’s volume, there must be somebody else in addition to AR doing some buying.

L2 building up again :)

That is true BV. I think they are now increasing a bit more slowly, a few days stability before winding the controllers up. Is a balancing act between gas and condensate whilst maintaining gas pressure as high as possible I think. Condensate stabilisation is the key. Cleaning the wells up, minimising slugging. Another couple of weeks of this I recon and hopefully the gas flow will be near 6. Fingers crossed.

Les, is definitely not a placing. They don’t have enough authority, I think they can issue up to about 250 mil shares, if that - 250 mil at 0.5 p is £1.25 mil, will not last long. What they are after is a sale or find investors to invest serious cash in, another £10 mil?

If you want to check the share authority is in the last GM resolutions.

BV,

17/9 0.1378 MCM/D 4.88 MMSCFD
18/9 0.1435 MCM/D 5.08 MMSCFD
19/9 0.1520 MCM/D 5.38 MMSCFD
20/9 0.1507 MCM/D 5.33 MMSCFD
21/9 0.1416 MCM/D 5.01 MMSCFD
22/9 0.1397 MCM/D 4.95 MMSCFD
23/9 0.1480 MCM/D 5.24 MMSCFD
24/9 0.1444 MCM/D 5.11 MMSCFD

Get the drift? That is 7 days of stable flow with no trips and the flow stable at 5+ MMSCFD. Sidetrack RNS soon?

DRB,

Tbh, I wasn’t going to reply to you again but your last post (09:24) made me reconsider. Ignoring all the rest, the last paragraph shows that you have a certain level of conscience and I appreciate this.

I am not sure what your agenda is here, but my main issue with you is the way you attempted to ridicule posts and posters , me included. Does this post of yours now mean that your attitude here will change?

Those that have been here for a while and know me, know that I don’t ramp and I am quick to criticise Angus if I thought they are doing things not in shareholders interest. But I stand by what I said earlier; 5-5.5 MMSCFD more or less covers the hedge commitments, Angus will have enough cash to ride over any shortfall during Q1/Q2 2023 (peak hedge). Any extra flow from the sidetrack goes to Angus.

Yes, the sidetrack could fail to produce the anticipated 5 MMSCFD (nothing is cast in stone) but how about 2 or 3 if it fails to do 5? Even 2 or 3 is substantial revenue too and whatever the case is, the hedgers proved flexible.

Personally, I now feel positive about Angus, more positive than I ever did in the past (where it was mostly frustration). I now feel more positive about Angus than I do about any of my other stocks. But each to their own, DYOR.

Noel, right decision, good luck.

Forgot to add to the distractions:

Don’t worry about how much flow we get from Brockham atm.
Don’t worry about how much condensate we procure.

Yes, everything helps, but these revenues are chicken feed compared to sales of gas.

As usual, DYOR though.

With a successful sidetrack (and why wouldn’t be successful) and second 1st stage compressor installed Angus becomes a money printer.

Don’t be distracted by those trying to focus attention on 5 MMSCFD and ignoring potential flows, or like DRB trying to work out Angus’s payroll.

At 10 MMSCFD starting from January, Angus’s debts (£12/14 mil loan, £6.25 mil for 49%, £1.4 mil CLN & deferred hedge) all pale to insignificance when you look at earnings at 10 MMSCFD. Ignore the distraction but DYOR. These are my views.

Morning all, 10 MMSCFD and 250p per therm … is dizzy money

https://twitter.com/yanis_2005/status/1573927941960089600?s=21&t=khPUiVSJwS3m0gch9UCxdw

I do hope there is something behind Friday’s spike. Fingers crossed volume continues on Monday.

Noel, do what’s suits you. But, this is MEGA.

Adding the second compressor in is not an issue. The second compressor will be identical to the installed compressor and as far as control logic is concerned is a matter of duplicating the logic of the installed compressor for the second compressor plus a little more programming for integration.

Instaling and commissioning the second compressor will be nothing like it was for the installed compressor., will be done much quicker. A small shutdown will be required if they have not planned forward. If they have however installed common suction and discharge headers with the necessary valving, a shutdown maybe avoided.

Either way, when you look at revenues at 10+ MMSCFD is a fortune to be made.

Do what you please though, these are my views. Do your own review.

Hamsters, we ARE there mate. Last 6 days without trips GL said. THat’s it, is done. All instruments calibrated and all controllers set at stable settings. Now is a case of winding controllers to their optimum production settings. We are there mate. Cheers.

BV, sidetrack drilled and compressor installed this year will be mega, but I will not be disappointed if it slips a little. When 10 MMSCFD + hits Angus will be transformed in to a money printer.. Is all good mate.

Don’t be fooled with talk about what Angus owes (£12 mil loan, LCN, buying 49% SFB, deferred hedge) or cost of production, all will be insignificant compared to revenues next year at 10+ MMSCFD. We are on a winner here, and they doin’t come easy on AIM.

Herbert, mate my favourite whisky is single malt too. I love Glenfidich 18 year old but the damn think is close to £100 a bottle, is for special occasions :) A nice whisky that will not disappoint, at reasonable circa £20 a bottle is Irish whisky Twllamore Dew, triple distilled. Blended but will not disappoint, guaranteed.

Those who know me, know that I don’t pump. However, the below is a fact.

Don’t be distracted by negative posts. It doesn’t matter what Angus currently owe, e.g.

- £12 mil loan + interest
- £6.25 mil for 49% acquisition
- £1.4 mil CLN
- Deferred hedge (at 450p/therm for July & 380p/therm for August, adds up to £8.4 mil)

IT DOESN”T MATTER if the second compressor is added and the sidetrack delivers another 5 MMSCFD, and why not? (I can see the distraction it coming on this one)

10.5 MMSCFD will deliver for 2023 (year of peak hedge):

£52.8 mil @ 200p/therm
£75.0 mil @ 300 p/therm
£97.2 mil @ 400p/therm

(Had it been unhedged it would have been £125 mil @ 300p, so think about what is coming after hedge is over)

Will Angus be like Gold mine at 10.5 MMDSCFD? — No — it will be a money printing machine.

https://twitter.com/yanis_2005/status/1573667756205133832?s=21&t=XT3avas0cQ1gvN06BhEEsA

https://twitter.com/yanis_2005/status/1573713514677542915?s=21&t=XT3avas0cQ1gvN06BhEEsA

https://twitter.com/yanis_2005/status/1573718346691903488?s=21&t=XT3avas0cQ1gvN06BhEEsA

Howey, I am impressed mate. To write such a post in the middle of the night and with vino in hand is quite impressive! I am not going to try and pick holes in it, how dare I :).

BTW, Malbec is my favourite, I am drinking some now, cheers.

Good interview and the confusion about compressor size has been kind of resolved - the second stage if installed is one compressor sized for 100% flow. The first stage needs two compressors sized at 50% flow, one installed & one to follow.

The comporessors are always sized for design case + margin, 10 or 20%, not clear what we have here. Also according to GL the installed compressor is refurbished and we don’t yet know how far up above design case it can be pushed.. But it could do up to 6 MMSCFD. Great. Two compressors should easily push at least 12 MMSCFD.

We need the second compressor installed hopefully this year, but even if a bit later it should not be a big issue, in my opinion. Sidetrack adding another 5 MMSCFD will turn Angus in to a money printing machine.

Selling at 0.3p? Feel your pain. I wish you had the nerve to hold.

I added more because AR was adding. But I have already written my holding off anyway, was down so much that It wasn’t worth cashing in. I just could not write about £50k off.
I hope we get a buyer .