Member Info for Yanis2005

Extract from last RNS

"As maximum initial rates were restricted by the pump's capacity of around 470 bopd, a larger capacity pump has been sourced and has been mobilised to site for possible use during the remainder of the Portland test sequence."

Excuse my ignorance, limited knowledge here, but does anybody know what the "remainder of the Portland test sequence" actually involves? Any educated guess on duration of this "remainder" before start on the Kimms?

Have you guys looked at the daily trading volumes over the last week? They are tiny. Yes, we slowly bled down but we are also slowly pushing upwards. There is effectively no trading now and the chances of seeing lower SP from where it currently is IMO are nil. We are now at the bottom, we had a nice consolidation with profit taking and is now ready to move up.

Dsfat, you may have a point there. The JAY SP held quite well even after the last placing, it held above the placing price for quite some time, a few months in fact, and then it dropped. There must be a reason for it, even on AIM.

Anybody knows why the SP is falling? What changed investor sentiment?

We need an update. Promises were broken before and as it stands nobody knows whether or not testing will even happen this year. We need an update so the market sees where this going. Frustrating to see the SP under such pressure and heading down to the previous lows after such positive news.

ibug, thanks. I suppose Angus will also have to update the website.

http://www.angusenergy.co.uk/investors/share-structure-significant-shareholders/

I was wondering why they included them in the significant shareholders without them filing a Tr-1.

As per Angus website Bergen is holding 14.75% (i.e. 56.3 million shares).

We have not seen a TR-1 filed - is this normal?

Scully, I was wondering what kind of technical or fundamental analysis he used to predict 0.46p retrace. Now I know lol

I hope you guys will be disappointed and the never reaches your target buy:)

As a matter of interest why 0.46p? on what basis?

Scully, is all looking very good. The re-rate is weeks away now, we are almost there. To completely answer your question earlier, if I had more cash I would still add to my Alba holding.

CofE, I also have MPL, Mercintile Ports and Logistics, they have operations in India. Is awaiting customs clearance, has been awaiting customs clearance for a while now. I don’t have much in this though, only 250k shares.

CofE, you talk of changing the pumps over for the kimms, we haven’t finished with the Portland yet. I thought they still have another 3 or 4 weeks to go? I am not an expert, but I don’t think they finished with the Portland EWT yet, they still got some flowing to do. Have I got it wrong?

Scully, 14 and a bit million.

We need to see some tankers leaving site now ... the big pump must be in by now?

BTW, I don’t own any KOD and not planning to buy atm. Only brought it up as a comparison.

Just to get a feeling as to what might happen when the TBS JORC is due to come out, take a look al Kodal Minerals (KOD).

KOD went from 0.125p to 0.247p in about two weeks on no news. Today an RNS came out regarding price action saying that the maiden JORC might be out early September or a bit later. With no news, SP almost doubled and is rising.

So, we should be at well over 1p on HH and Brokham within the next 4-5 weeks. Double that on TBS JORC and 3p++ by year end looks highly likely. :):)

Is shown on Moneyam as a trade at 8:18:59 this morning.

False hope :(

Was that you Scully?

Who bought the 12.5 million shares? :)

Does anybody know if Bergen has to file A TR-1?