Member Info for YorkshireLife

Ocelot...

LOL. I would probably have worded it differently, but it will do. To be honest, I have only just followed the link, checked out the questions and voted myself this a.m.

Maybe someone here will own up to forwarding it?

I realise that "some" folk think that I only have a negative agenda here... but in reality... I am also trying to help everyone who is either already invested in ANGS or currently thinking of investing.

The negative issue that stands head and shoulders above all others is (as others have rightly highlighted) the continued toxic presence of J. P. Tidswell.

I've just taken a look at the questions page and the third most prominent question asks about Tidswell's current value to the company. I strongly believe that it would be in the best interests of ALL here, for shareholders to VOTE for this question in order to send a clear and unequivocal message to the board that HE MUST RESIGN and allow ANGS to start to rebuild the severely damaged trust he has caused.

Send the board a message that WE WANT REAL CHANGE and want ANGS to draw a clear line across it's miserable past!

W.E.C: "Expect Rupert will pick some more up at these levels."

Tell him, he can have mine if he pays enough for them ;-)

Ja51,

The Lord clearly needs to teach ANGS how to walk on water... and quickly!

"One would hope once Saltfleetby has been approved sentiment will start to change here."

Several hurdles to cross before Saltfleetby is "priced in" IMHO.

Not only planning... but testing and connection to grid before any revenues are even assured... and in the meantime... more salaries to pay and on-going associated running costs that will simply detract from even the current low SP.

We are at a crossroads here... and EVERYONE knows it!

It's why even the BOD are looking to gas and other potential assets to purchase - because they have little - to no - confidence in what we currently own. Before we run out of money... they need to prove up one... YES "ONE" asset... to convince investors that there really is future potential here... but until something... "anything" is proved up... investors will remain wary and sit in the wings and watch...

We're waiting Lucan... give us "concrete evidence" this time or else existing investors will not average down & new investors will sideline you with a wry smile.

ANGS have played the "promise of jam tomorrow" game far too often already... and understandably, NOBODY trusts this company anymore!

ANGS SP has "always" traded UP on hype and hot air... and DOWN again when cold hard reality hits home (as it has done every time to date!) God help us if the traders leave... as - without them - they will be nothing left to stimulate a rise in SP.

I also think UKOG will buy the oil assets over time - probably at bargain basement rates - once ANGS finally admit that the real reason for their new found enthusiasm for gas is that they lack the technical skills and requisite knowledge to achieve "anything" meaningful with oil...

ANGS only "proven" skill over the years has been in diluting existing shareholders at each and every opportunity... can a leopard ever change it's own spots?

Ocelot,

Have you considered a post as ANGS PR spokesperson? I think I already prefer you to Tidswell ;-)

To be fair to ANGS The Market for AIM investments is probably the worst it has ever been right now! Factoring in Brexit and negative UK share sentiment, combined with poor market sentiment for oil & gas in general, together with the wider global warming debate... even if ANGS had delivered on something.... they would still be having a hard time right now.

MM's and traders are the only folk interested in ANGS right now. I doubt many medium to long term new investors will be willing to take a risk here in the kind of numbers we need... and I doubt many LTH's (like myself) will forgive and forget and average down until we are crystal clear - this time - that we aren't just being sold yet another jam tomorrow empty promise.

I can't see the SP climbing much above current levels until well after Christmas unless at the behest of the day traders and MM's you aren't interested in.

Sadly, there have been far too many fingers burnt here already for most to take ANGS' word for anything! Scepticism is the new order of the day until proved otherwise.

Evening Ocelot,

Whitby - fine for sea air and fish 'n' chips (just mind the vampires)

As for Sandsend... fine location and a great little cafe' too.... oops... sorry... Saltfleetby!!!!! Oh well....

Should Saltfleetby be "entirely ignored" just now?

I would say it is currently cost neutral - given that if it is a failure - at least we have the funds to cover abandonment.

We have to wait until well into 2020 for various stages to be passed before we see any results remember... and I doubt that fact is going to play well with either the traders or the MM's in the meantime - whilst we all sit tight with everything crossed waiting for ANGS to achieve its very FIRST success!!!!!

"Not all investors are put off by an investment horizon of, say, 9 months"

I doubt they are... but based on this company's horrendous past record... I doubt queues will be forming around the block for ANGS shares until at least "something" has been proven up this time around.

I want this company to succeed just like you... but - after previous long delays followed by failed promises and downright disasters I'm keeping my feet firmly planted this time around... as I believe most people will.

Ocelot...

Really! I would say that the optimistic scenario is that Saltfleetby has planning passed (successfully) has testing concluded (successfully) then has reconnection to grid (successfully) THEN... and ONLY THEN... can anyone in the right mind start getting even vaguely interested in outputs.

It's all pie in the sky until all the other boxes are ticked and bearing in mind ANGS are historically p*ss poor at ticking boxes... we have a long LONG way to go yet before getting hung up about production revenue!!!!!!

"It seems like people are pretty certain this is going to be bought out, if that’s true why is the sp not going up?!"

You've obviously not been around long bunsenburner... otherwise you would know that it has gone up. If you're asking why isn't it 30 - 40p yet... then there's "obviously" still risk attached that a deal won't fly - but based on AIM shares in general right now... I would say this is probably one of the best risk v reward plays out there!

There are no 100% certainties on AIM... or in life... Choice is yours to invest or not (as always)

BigSmoke... or is it: "BigFrank".... LOL ;-)

Ocelot,

The new PI could very well sell into any rise... he's here to make money like the rest of us... Just because you invest in quantity does not mean that your goals change.

I have been invested in many shares over the years where large institutional or large net worth investors caused damage to the SP by selling at a strategically difficult point in time... some of them even loaned out to short!

Good luck with your strategy... let's see how we both fare by the year end.

GL :-)

Ocelot,

Of the three companies I mentioned, I think they all have better near term prospects than ANGS. Better to invest there - take profit and re-invest into ANGS early in the New Year - dependent upon progress here IMHO.

In the past - there might have been the danger of missing the boat. Fortunately (for traders) these days "anyone" watching ANGS is rightfully wary of history repeating itself. Therefore any "serious" SP reboot will - not only - take concrete evidence of progress, but also be easier (and safer) to catch and ride on the up-swing.

The problem still remains, that due to their severely damaged reputation, the only likely buyers are day traders looking to ride a spike... so any hike in SP is going to inevitably be short lived because many investors will sell out again as soon as they reach a decent profit margin. "IF" I invest to average down here, I will certainly sell out at the first given opportunity myself. Having tried holding ANGS stock over the longer period I have now learnt my lesson... NEVER EVER AGAIN!

Talk of us hitting even 4p again is most unlikely in my view, unless Saltfleetby is well into production and backed up by independent verification of lifespan.

As a businessman for many years myself I do know that the single most important thing "any" business has going for it is it's REPUTATION! Damage that at your peril!

Business reputation can be lost overnight... but can take years to regain.

Point taken David.

I sometimes wish I lived in an alternative universe!

Sadly in this one... I feel sure that even another two years could not guarantee the inflated value we would all like to see as an end game. All it would take is an unstable economy, political upheaval or continuing bearish attitude to oil and we might find we had waited another two years for not very much more! Given our BOD and their sloth-like pace of progress... two years would feel like an eternity for current LTH's when we've "already" suffered enough IMHO.

I won't be celebrating the sale... but I will be celebrating not having to wait any longer here for RNS's to land with news of progress.

GL :-)

Hurricane, Amerisur & our "other" Weald favourite - to name but three - are all actually producing oil & therefore revenue (so the risk is infinitely smaller IMHO and yet the upside is equally significant if all continues to go to plan).

ANGS price is low for a very good reason and it really has nothing to do with value for money.

I get the distinct impression that larger shareholders are doing a rinse and repeat sell /buy / sell / buy / sell / buy to counteract their boredom (and make a few bucks) whilst the rest of us just sit on our hands and wait... and wait... AND WAIT!

One day... in the not too distant future (I hope) and preferably whilst I'm still on the top side of the soil... we might (I SAY MIGHT!!!!!!) actually get some news that crystallizes all long suffering LTH's hopes and aspirations... but it will need to be a cast iron offer IMHO or else The Market will just tell us they have already priced it in (naturally)... and the SP will struggle to climb above 2p again for more than a micro second :-(

Ocelot, the SP multiplied on expectation after IPO, Based upon our BOD's ability to deliver. Sadly... they didn't! Investors are wiser... and times are different now.

All we have to go on are a litany of failed promises and one jam tomorrow "maybe". If that's a "vastly more attractive" prospect in your eyes... then you might find yourself alone - popping balloons - at the ANGS new shareholder recruitment party.

There are just too many more promising companies out there with far stronger near term prospects and infinitely better CV's IMHO:-(

Ocelot: "MAY BE WORTH"

Agreed... may be... and maybe not.

But Risk v Reward is no longer what it was when we were promised significant oil flow at Brockham, Balcombe, Lidsey... then failed to deliver... but don't worry, because now we want "investors" to get excited about gas instead and keep paying our inflated salaries until next year at least... you never know... based on the law of averages ANGS should at least be able to get one thing right... eventually?

DavidWK,

One... two.... three... Click my fingers... And now you're awake!

Sorry! I know it's a disappointment, but sadly you were just dreaming again :-(

Ocelot, I'll tell you how significant a Tidswell resignation would be:

Even "I" might consider averaging down here towards the year end if he was no longer involved in the company other than as a shareholder (inevitably with some "outside" influence). I don't doubt for a minute that the SP would instantly start to recover on the back of such news!

Until this happens, we'll continue to be mistrusted by the market and LTH's . Our past cannot be disconnected from our present and future prospects and new investors will continue to be discouraged as a direct consequence.

You and I have different outlooks, and I respect that, but - at the end of the day - we both evidently still want the same thing:

ANGS to succeed?

I just don't think we can achieve success whilst ever Tidswell continues to be involved here.