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The simple truth is that Anguish Energy have systematically failed shareholders over many years. But, even by their own dire record, 2019 must go down as being their very worst showing! Under the "supposedly' new management of George Lucan (appointed by the longstanding incompetent and deceitful Toxic Tidswell) we have seen a further 90% share dilution and a placing that will see the SP sold into by RiverFort YA well into 2020.

Any thoughts of 2020 drawing a line under management's abysmal past record have already been thwarted by a badly completed planning application and resulting further delay on approvals as a consequence... even though management will never admit to doing anything wrong.

We are supposed to believe a forward valuation of 4p from Lucan and to get excited that one of his city chums is building a large stake here, but when asked a simple question on the forum about plans to take Angs private... we were spun a politician's reply... which still leaves this company open to being taken private on the cheap IMHO. The only thing that will convince me otherwise is a confirmatory "NO" to that question on the forum... but "again" they will not be prepared to give that clear and unequivocal assurance...

Until they do... best to remain wary of their next move. They cannot be trusted!

Ocelot...

Anguish Energy have historically been "excellent" at generating expectation for an inflated share price... they tried it with Lidsey... FAILURE.... Brockham.... FAILURE... Balcombe.... DELAY (and likely FAILURE)... Saltfleetby (better known as Pound land Gas Field) Really?

Their only "NEAR" success was Horse Hill... Just about says it all doesn't it: The one discovery that could have earned them real income, that they had to give away because they were operationally incompetent and therefore incapable of extracting oil from it themselves!)

...after so many failed promises, are we HONESTLY still expected to believe that this one isn't just another Frog - but a prince in disguise!?!?!

Dear Oh Dear! Well... I guess we are in pantomime season!!!!!

"GL has calculated a Net Present Value "right now" for Saltfleetby of 4p per Angus share."

You might as well say: GL has calculated that unicorns are real and living in the woodland behind Balcombe - because both statements are so far removed from reality as to be laughable!

If still in doubt... just check out the share graph this year since Lucan took over at the helm (under Toxic Tidswell's instructions)... and the current SP of course.

Oh dear... I'm guessing Mr Market doesn't believe any of Lucan's promises either!

Putting the BOD sponsored cheerleader nonsense aside... yawn...yawn... jam tomorrow... all empty promises as usual.

Let's remind potential investors of the FACTS:

1)Angus have recently entered into an arrangement with RiverFort YA (death spiral finance) and they will greedily be selling into any rise until well into the New Year.

2) There will be no oil or gas (if there EVER is any) until well into 2020... so in all likelihood Angus will need another placing before then to keep on paying their inflated salaries.

3) In the meantime there is NO liquidity and ZERO trust in management who - to date - have an un-broken 100% record of failure!

"Speaking on behalf of the board"

There's the clue Ja51!

"The Board" - meaning Tidswell (who isn't on the board... but controls it anyway) has most likely been mulling it over and probably talking to "others" about it on the sly (as is his M.O)

A simple "Yes" or "No" to the question was required... but if they answered honestly (a challenge in itself for Anguish Bod) then investors would really not have liked the answer IMHO.

YL :-0

Crocqman: "but at least I will blame no one but myself if things do not work out over the next 12 months"

So - let me get this right: if Tidswell, Lucan & Chums fail YET AGAIN in the New Year we shouldn't hold them responsible... because you're to blame instead?

After all... THEY just run the company, spend our money and make all the decisions... your an investor, so it must be YOUR fault that THEY failed!

Well... that clears that up then...

WTF :-0

Tidswell & Leningas - OMG!... "The Horror!"

Dear God... Leningas!!!!!!!!!! Just when you thought it couldn't get any worse! :-o

Clearly!!!!! Shorters (this BB is overflowing with "the usual" de-rampers at the moment) are desperately trying to de-stabilize the SP and drop this below 30p.... the trouble is: most investors (and especially day traders) see we are in oversold territory in the low 30's... so a bottom is forming which IMHO will be virtually impossible to break unless we are hit by some mysterious mega bad news.

I am banking on the next RNS clearing up some of the ambiguity and adding a few more positive drivers to the SP and a big buy-back pushing this back above 40p in the very near future.

GL A "genuine" investors :-)

The problem is: Angus need investors and after so many failures nobody trusts them with their money anymore.

"Anticipation" is one thing, but "delivery" always proves to be a destination too far for Angus management!

Malcy!!!!!

Malcy: the same man who when Amer was 20p years ago.... said it was way under priced and worth multiples of this. Fast forward to the current day (more oil... more acreage... more cash in the bank) and a buy-out has been approved by the BOD for just over 19p!!!!!

Malcy: This is the same fool who quoted Anguish Energy as being un-investable only a few months ago at the start of THIS year!!!!!

Malcy: the man who's wish list is so far underwater, his followers are drowning!

Doh!

Probably been paid to ramp by RiverFort so they can get their millions of shares dumped as painlessly and quickly as possible!

Think we're seeing a turning tide on this morning's sell down...

B.U.T.D,

Just because some of us are negative here (very sensible under the circumstances) doesn't mean that we are negative everywhere. I've had good runs and made money on many other companies through investment... and have offered... and will continue to offer positive appraisals when and where they are due.

If Anguish actually manage to achieve ANYTHING... maybe I will start to offer a more positive appraisal of them too... in the meantime... my response will be guided by a realistic assessment based upon their past and current record.

If you've bought in to trade short-term spikes, then - so long as you are quick on the sell button and beat RiverFort (who will be dumping their shares for a great deal of time to come yet) then you may see a small profit buying at these levels... but this is a HIGH RISK play and could go pear-shaped very quickly - leaving "even" folk buying at these prices under-water.

By the way: if I bore you, please feel free to filter or ignore me at your discretion.

YL ;-)

B.U.T.D,

Any investor old or new only needs to take a glance at the share graph! LOL... tells you everything you need to know about this company. Lucan has managed to wipe over 90 percent off the SP in less than twelve months - which is quite SOME ACHIEVEMENT even by AIM standards!!!!!!!

Lucan was appointed by Tidswell and has his strings pulled by his appointee... in other words: no real change in management. The only reason this happened was because Toxic Tidswell was found to be breaching AIM rules by shorting his own holding.. NAUGHTY BOY!
The potential for this company rests on its management and I'm afraid they HONESTLY don't play with a straight bat and are not very good!

You keep mentioning "my crew"... when there really is only me here. I work from home and am virtually surrounded by computer screens. It's hardly stressful for me to glance to my left, read a few posts and comment now and again... so please don't feel too concerned on my account. In fact it is probably a good form of stress-relief - if anything - to be able to share my "considerable" knowledge and insight into this company as an LTH with newbies here - in order that they do not fall for the same old lies and blatantly misleading ramps on this BB emanating from some quarters

YL ;-)

B.U.T.D: "YL, the only thing which will be getting diluted is you and the rest of your teams bitterness. I guess you guys have sold out or have such a small holding that your only significance is spending 24/7 bashing a company which has very little similarity to when you invested."

Sadly B.U.T.D, this company "today" looks and feels exactly the same as the company when I invested here originally!

Toxic Tidswell still pulls puppet Lucan's strings, and he is still just as inept as ever... I forecast delay, deception, and downright disaster for anyone unfortunate enough to be invested here whilst he's still in office! :-(

It's truly farcical that "anyone" could defend this company's record (old or new!!!!)... which makes me wonder if you and the rest of the cheerleaders are being spoon fed your lines from Tidswell, Lucan & Chums direct?

I very much doubt it, Yanis...

But I'm sure if you put a decimal point before it... you will certainly see 0.6p this side of Christmas!

Sadly "The Market" don't factor in much additional share value for AIM companies that delay and dilute as often as Anguish Energy :-(

"4p Februray"??????

Guess that's why you call yourself Mad Dog... LOL ;-)

You only have to check out UKOG today - who are ALREADY extracting oil and generating revenue - but still needed to do another placing... to see where this is going! Anguish are almost a year away from generating anything other than substantial losses for their shareholders!

Before we all get ahead of ourselves... there's also the little issue of the imminent general election:

If Labour gets in... Lucan might lose his Pound Land gas field for £1 to Mr Corbyn! :-(