Member Info for Yanis2005

YinYang,

Is not a witch hunt, is just that the current state of affairs brings back painful memories of previous shenanigans.

They mislead us and costed us substantial losses.

To start with upon GL's arrival, they gave the impression of a changed and improved company with informative RNSs and tweets from both the Angus's official tweeter account and JTPs.

They published a plan showing continuous and seamless transition from stage 1 to stage 2 with no pause.

There was encouragement there with the apparently improved communications and the plan which implied a continuous and seamless transition from Stage 1 to Stage 2.

A lot of us LTHs, at that time, topped up large amounts of shares to bring down our averages and reduce the substantial losses that we incurred due to the BOD nonsense and change in MD.

Then, before completion of stage 1 we had the placing followed with the effective suspension of well testing at Brockham to analyse results and discuss with their partners. Then on 3rd of May RNS evaluation of results before proceeding to next stages was mentioned. On completion of stage 1 in the 10th of May RNS we had the bombshell of analysing the results with the partners before proceeding to next stage dropped on us.

The improved communication and the published plan that encouraged many LTHs to top up and average down was changed and the comms have become blurred.

The negative sentiment of doubts and GL’s management of expectations and radio silence caused the SP to significantly drop and keep declining instead of advancing as expected with the pending test.

Mr008, the best person to explain this is Alan but my understanding is that they only reperforated part of the well last time round. The original perforations are still there and available to produce with the exception of a small part at the bottom of the well where the plug to isolate the water was set.

My understanding is that Ukog done the same thing at HH, they reperforated a section.

I don’t think there is anything to worry about this, I just wish they get on with it and test it.

Added to Alba and Ukog boards.

This is to make you aware that a petition to ban shorting of
London AIM stocks has been started.

Consider signing the petition if you agree, - deadline 04.09.2019

https://petition.parliament.uk/petitions/242399

This is to make you aware that a petition to ban shorting of London AIM stocks has been started.

Consider signing the petition if you agree, - deadline 04.09.2019

https://petition.parliament.uk/petitions/242399

https://twitter.com/yanis_2005/status/1135077562324062208?s=21

Petition signed.

will tweet that as well.

The thing is that JTP is still heavily involved as non board operations director. Non board or board ... the difference is academic ... he is still doing the same job.

And right now after being very vocal he has gone underground ... nothing from him since 24th April. To me this is very suspicious.

And I don’t think think that this is simply MMs and MMs games. This is deeper than that and if we hear of another placing soon that will be to cover shorts (IMO).

Yes MMs can naked short and then seek to cover with a discounted placing ... but that needs the company’s cooperation.

NTOG did not cooperate
https://www.valuethemarkets.com/2018/07/31/aim-chief-exec-lofgran-breaks-ranks-challenge-market-makers-naked-shorts-ntog/

Yes MMs play games but this is another issue. Not my immediate concern right now.

Thanks B2HS2L, I got all that. My feeling is that JTP has broken AIM rules as well as FCA rules in addition to company rules. Just a feeling, I am not sure but soon we will hear it from the horses mouth.

Chas,

It has come to the point now where I am willing to loose it all just to see Justice served to these guys. I know what you are saying but it will be worth it for me if justice is served.

Irrespective of what many people think I happen to believe that AiM will be interested in clearing wrong doing out, I have contacted them before.

Three issues that I will be taking forward to AIM Regulation and FCA for investigation as possible wrong doing:

1. Misleading the markets (see esarlier post at 12:15.

2. Lack of a disclosure on unusual trading activity diminishing the SP.

3. JTP - the America2030 affair IMO didn't just break company rules, probably broken AIM and FCA rules. JTP as non executive director is still heavily involved in managing Angus.

Can anybody else add to the list of possible wrong doings?

Ofcourse will be holding back the dogs for now.

Scullywag,

IMO GL has mislead the market and cost us substantial losses.

He published a plan showing continuous and seamless transition from stage 1 to stage 2 with no pause. There was encouragement with more communication ... RNSs and tweets.

Before completion of stage 1 we had the placing. Then on 3rd of May RNS evaluation of results before proceeding to next stages was mentioned. On completion of stage 1 in the 10th of May RNS we had the bombshell of analysing the results with the partners before proceeding to next stage dropped on us.

The improved communication and the published plan that encouraged many LTHs to top up and average down was changed and the comms have become blurred.

The negative sentiment of doubts and GL’s management of expectations and radio silence caused the SP to significantly drop and keep declining instead of advancing as expected with the pending test.

This is misleading the markets. If this was in the US we would be looking at a Class Action Law Suit right now,

However, we’ll preserve judgment on this until end of next week since some here believe that the equipment will arrive next week.

Ok Wolf, wait until July but I hope the SP does not keep sliding all the way to July.

Gpmh

The share price of a company includes future anticipation and you know that.

Pharma's for example. Even Ukog reached 11p at one stage on pure anticipation of BB flowing.

Angus, without a barrel being produced, was at 37.75p (and without having monster Balcombe).

37.75p for same Mcap at current float equates to 16.87p.

Yes ... 16.87p for same Mcap. Where do you get your evaluation of Angus right now being 3.575p??

3.575p? Really? What price did you buy in? Was it higher? If so why did you buy then if you believed that Angus is only worth 3.575?

Your last few lines “GL/Angus Energy have clearly set out a time-table of events for the testing equipment to arrive at Brockham circa someday next week...and as and from this moment GL/Angus Energy have not RNS'd any deviation from that time-table!”

So, you believe that Angus has “clearly set out a time-table of events for the testing equipment to arrive at Brockham circa someday next week” and you believe that Angus have not RNS’d any deviation.

Have you read the 10th May RNS? Or listened to GL’s interviews? There is nothing clear about it. The way I read it is testing is suspended - analysing the results with the partners and discussing costs.

But hey ... I am willing to be proven wrong and eat humble pie. Nothing will please me more than seeing well testing equipment arriving at Brockham.

The 18 working days from the 10th May are up this Wednesday, but let’s just give it to Friday.

What will you do or say if no equipment arrives next week and nothing from Angus/GL and the SP keeps sliding? Will that be 3.1p is probably closer to Angus true valuation?

Chas,

That’s true. The 18 working days are up on the 4th of June, but I am not holding my breath on that. If the equipment was on order we would have known about it from an RNS or a tweet.

As things stand they are analysing the results with the partners and discussing costs. That is all we know from published info. God knows when the equipment will be ordered. But I was shot down here by some insisting that the equipment will arrive in the 18 days. Note however that presentation no.2 states 3 weeks minimum.

In any case, if 5th of June arrives and nothing changes then dossier will be going in and tweeter campaign will intensify.

Which articles are these?

Any links?

Could be large buy from an institution ...

Could all these be large sells from institutions?
https://finance.yahoo.com/news/kind-shareholder-owns-most-angus-115308799.html

GL must reverse this negative sentiment ... new shareholders could end up in the same predicament as LTH’s.

Why is he continuing to allow the impression of Brockham failure to continue?

gpmh,

With due respect, the proof of the pudding is in the eating.

The SP is making new all time low closes on a regular basis.

Words are cheap.

The fact is that the SP is deteriorating almost every day since the placing. His duty is to bring value to the company’s shareholders ... he is currently diminishing that value.

We have a climate now of confusion ... is the equipment on order? Has the partner meeting taken place? If not why? Why no update?

GL started his tenure by creating a climate of open communication (is not that long ago that I was singing his praises).

Positive comments on Brockham in his first RNS on 4th Feb.

Positive tweets from JTP ... watch this space ... isolating the water is not rocket science ... working steadily and safely.

Published a plan that indicated seamless transition from stage 1 to stage 2 with no pause.

Then introduction of a pause to discuss with partners ... placing ... downplaying Brockham in managing expectations.

All that created a very negative sentiment that allows the current SP deterioration to continue.

SP decline will stop and reverse with a decent update. But where is it?
- Nothing from Angus since 10 May
- No word from JTP since 24 April

Why are they allowing this negativity to continue?

Words are cheap. Dividends (jam) tomorrow? No thanks, screw that ... I want the SP to stop the decline and get to where it should be. I want the MD to bring value to the shareholders (get the SP up).

I see nothing at the moment to indicate to me that GL is acting in shareholders interest ... on the contrary.

I am preparing a dossier with facts and my suspicions for the regulators. I should be finishing that soon and if nothing changes that dossier will be submitted.

In the meantime, my tweeter campaign will continue.

https://twitter.com/yanis_2005/status/1134472741548150784?s=21