Member Info for Yanis2005

Thanks Jollifant, good to know.

Ofcourse SFB will be in full production by 1st of June - the RNS said so.

Doesn’t matter if the equipment is not on site, or construction/commissioning is behind schedule, GL will wave the magic wand and the gas will come out. Nothing to worry about, and if that fails Shell will buy SFB for 5p a share cash. Buckle up.

I know is early morning yet but the Separator and the Electrical Room are supposed to be arriving at site today. Looking for confirmation by tomorrow morning.

Also, we haven’t seen a tweet of site activities for 5 days now.

IMO, we should be asking Angus (again) for regular updates.

Shell offer?

Didn’t you hear the latest? BP, Esso, ExxonMobil and Petrofina are putting in competing offers … BOOM

Ocelot, is crazy! We closed most of our refineries down and are relying on imports … folly, more than nuts!

Here we go again …

UK hit with more fuel shortages as drivers start to queue in search of petrol and diesel

https://www.express.co.uk/life-style/cars/1593917/fuel-shortages-UK-hit-fuel-shortages-drivers-queue-diesel-petrol

“The most recent shortage seems to be caused by climate protesters blocking major fuel depots. …”

FFS just lock them up for a few months.

I suppose we will soon find out if the Government is serious about fracking …

Ineos challenges government to allow it to try fracking in England

https://news.sky.com/story/ineos-challenges-government-to-allow-it-to-try-fracking-in-england-12588115

Something has to be done about these “Just Stop Oil” nuts.

https://news.sky.com/story/fuel-disruption-labour-demands-injunction-against-protestors-threatening-supplies-12588243

They should either lock them up for a long stretch or rounded them up, put them in a compound with no way out, give them food and turn their electricity off. Oh .. and a few candles and keep feeding them until we get to net zero in a sensible manner.

We need to transition to net zero without starving our selfs to death. Need to ramp up other ways of energy generation before shutting disowns oil.

There will be gas in May - Correct, otherwise there will be no production 1st June.

Gas is introduced in to the Gas Plant in mid-May, so, yes, gas in May. Gas will be delivered to the NGG in late May during commissioning.

Production Separator ready for shipment …

https://twitter.com/angusenergyplc/status/1513554289091883009?s=21&t=gXmAtOxk5wBWK2-YUxB-Yg

This is meant to be on site tomorrow, looks ready to be loaded on a truck, so looks good.

Electrical Room (extremely important to avoid further delays) also needs to be on site tomorrow

BV, I don’t like to count the chickens before they hatch, first things first, get the gas out … then the SP will shift.

What will now help the SP go up is increasing confidence of delivery. IMO, the market is not yet convinced that SFB will by in production by June, hence the current SP level.

Angus MUST now ensure that the latest schedule is met and keep the market informed.

And talking about keeping us informed, the Angus tweet frequency seems to be diminishing.

There is no clear indication of site status … and where is today’s tweet? I expected (at least) one after today’s placing RNS …

HITS, I am referring to joint revenue for June … assuming Angus’s is in full production by the 1st!!

And to be frank I don’t give a toss as to whether is a million and a half or 10! Means nothing now.

The most important thing is to have no more delays and be producing by the 1st of June. Then is all good.

So, all eyes on the deliveries and progress. Electrical Room & Separator Vessel are expected on site tomorrow.

It feels like counting the chickens before they hatch, first we have to get the gas out and for this to happen there MUST be no more delays, none tolerated from now on.

480p per therm? 300p per therm? - figures pulled out of thin air. Why worry? Even at 200p per therm is £3.0 mil revenue.

What I want to see now is equipment delivered and progress made as per the latest schedule.

Tomorrow we should receive the Electrical Room (most significant item for continuous integration) and the Separator vessel.

Cabling should have started already, but has it? We haven’t seen evidence yet.

Fingers crossed no more slips.

RT, the FSP is terminated?

I suspect we are going to see TR-1s filed on the 14th, in 3 days time.

Morning BV,

As I said earlier is disillusioned shareholders selling now. The placing is not underwritten, is via bookbuild and those shares are not yet available and in all likelihood (I can bet on it) will fall in to mainly sticky hands.

Take a look at EOG with one hell of a placing (~70% of original float) via bookbuild for the upcoming drill; placing at 1.80p and SP now is at 2.80p. The similarity here is that they are looking forward to the drill and we we are looking forward to First Gas.

Yes, these 61 million placing shares will fall in to sticky hands IMO. Those waiting to buy lower will be disappointed IMO.

Morning Crocqman,

Yes … down to planning and cost miscalculation IMO as bringing such a plant online is not cheap.

At least the SP is so far holding which implies some positive sentiment is still around.

Now, fingers crossed no more delays.

Sharepoint, correct! This placing is via bookbuild and not via damp in to the market, there is no underwriter. In all likelihood they will go to sticky hands.

Sales we see now, IMO, are not placing shares but disillusioned shareholders. The placing shares are not yet available.

What we now need is confidence that production by 1st of June will be met.

Looking forward to seeing the Electrical Room and Separator Vessel arriving at site tomorrow - NO SLIP.

What a start to the week! Angus never fails to disappoint … whilst we await dividends or shares buy back from gas sales in weeks… here comes yet another placing … the third in about 4 months!

This also explains the drop from the 1.4s last week.

The only positives out of this that I can see:

1. The likelihood of another placing before first gas is decreased.

2. The placing is via a bookbuild, so unlikely to be damped in to the market fast.

Imagine if the gas plant was on line last December! … or last January!

Now, lets hope for no more delays and gas in May, production June. Placing of 61 million shares, is not such a big damage.

It does not make sense but looks like there are still a lot of shares available for sale. We now have a downward pressure on the SP.

Looks like those with the 8.3 forms that bought in for the FSP are now coming out, IMO.

Not a good way to finish the week, but the SP should hold at this level as it is a strong support.

Have a nice weekend all.