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Share Name | Share Symbol | Market | Stock Type |
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Angus Energy Plc | ANGS | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.25 | 0.225 | 0.275 | 0.275 | 0.275 |
Industry Sector |
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OIL & GAS PRODUCERS |
Top Posts |
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Posted at 28/8/2024 11:30 by dannymaz89 The top five highest-ranked sites for UHS based on the evaluated criteria are the Cygnus, Hamilton, Saltfleetby, Corvette, and Hatfield Moors gas fieldsThe top five highest ranked sites based on the criteria evaluated are the Cygnus, Hamilton, Saltfleetby, Corvette, and Hatfield Moors fields.The reservoir rock quality among the top-ranked sites is generally high, with almost all sites except Saltfleetby and Topaz exhibiting favourable characteristics.illu |
Posted at 12/8/2024 12:30 by iceagefarmer onetomany - 21 Jul 2024 - 17:10:50 - 37249 of 37300 New Angus Charts and News - ANGSI think takeover is happening 1066. Also expect we will hear more within a couple of weeks. This highly credible lady of AIM intimating something big within a week of 12th so could be news this week. |
Posted at 23/7/2024 22:48 by jtidsbadly 1347: as you know, I think the Ocebot is the gorgeous pouting Katy, at whom Lord Lucan used to leer so amusingly in their interviews. So I dare say she’ll carry on. Re Aleph, I don’t know what that means for Angus. The mugs in Kansas think Trafigura are going to be up for further loans to enable Angus to acquire further assets, or to bid for companies, in order to give Angus a better chance of paying the promised dividend. You really have to be gullible to give that theory any credit at all, what? Ridiculous. Investors here should be very worried about the change in tone of recent announcements/interv |
Posted at 21/7/2024 20:27 by bionicdog onetomany - 11 Jan 2022 - 12:46:16 - 16027 of 37254 New Angus Charts and News - ANGSTook £10k worth this morning. Has to be worth a punt |
Posted at 12/7/2024 14:06 by jtidsbadly 1347: have you watched the Zielicki interview? Absolutely hopeless. They’re going to drill more wells and re-open an old one, which will add hugely to gas production, install a booster compressor this year, which will add hugely to flow rates, pay a dividend, merge with other AIM companies, produce more oil at their existing oil assets(!) and borrow more money from Trafigura and Kemexon. He himself will be buying Angus shares at the end of the current close period(?). They’ve got excellent, experienced management with a combined 200-300 years of experience. Then they’re going to talk to the new Government about gas storage at Saltfleetby. And he also said they were producing 2mmscf/d. Does that sound a little high? Not a word about hedges, offtake agreements, royalties etc. What have I left out? Oh yes, he said that at current rates of production, they’ve got 40 years of gas reserves at Saltfleetby. That’s the statistic that would worry me most! They’re shut down at the moment, plan to open to production next week.The gorgeous pouting Katy (Ocelot?) lapped it up. Perfectly hopeless, he spent 95% of the interview looking at his screen or notes. |
Posted at 17/5/2024 07:53 by bionicdog Oh dear. Just the other day ice said that ANGS and UKOG were his win double. Or was it VAST and UKOG , makes no difference. |
Posted at 04/1/2024 16:25 by headinthesand Check out very recent events at Canadian Overseas Petroleum, 1347 (EPIC: COPL). It's yet another (much-ramped in preceding months/years) fossil fuel 3 shell game sucker stock that's now a bit further down the line than ANGS is currently in terms of PI holdings being destroyed as its already dubiously valued assets are acquired for tuppence ha'penny by its lenders.As for ANGS, the £57 million valuation mentioned in the most recent CPR was based on gas pricing that's 15-20% higher than current levels, so can hardly be said to have been calculated conservatively. What remains a matter of some mystery is... exactly what has ANGS spent all the money on? I mean, over the last 15 months, it seems to have produced enough gas to generate around £22.2 million (after hedge settlement). It's also had a placing for £7m (Dec 22), plus two emergency junior loans at Wonga rates (£3m in Mar 23 - paid off in confetti at end Sep 23 - and £6m in Jul 23 - due for full repayment this month). That's over £35 million, pretty much all of which seems to have disappeared somewhere in just a year and a quarter. And it's not like that pile of cash was used to pay off existing liabilities. As it stands right now, on top of the now £7m needed to pay off the 2nd junior loan, they still owe c. £6m on the original "£12m they said they never needed" senior loan and c. £5m to Paul Forrest. |
Posted at 04/1/2024 10:08 by headinthesand It seems an increasingly worrying fair bet that things are likely to go a bit COPL for ANGS... |
Posted at 20/12/2023 08:55 by jtidsbadly Yes, is the answer to that. Anguish has got into bed with an outfit with strong Russian connections and a very patchy history with regard to sanctions compliance and pollution.The information in this RNS is nowhere near complete. In particular, arrangement fees, the terms of the forward physical gas contracts, the terms under which the Mercuria contracts are being concluded. Presumably the Mercuria royalty will apply from the signing of the new loan. And, while the interest rate is a fair bit lower, the quantum is higher and will be used to pay off loans and the money still owing to Mr. Forrest, leaving Angus with £3.3mm of new money. Not enough to drill a new well. The deferral of the first year’s interest will help next year but means higher payments in the next four years, while gas flows start to fall. The 8% royalty needs to be factored in too. Overall, Anguish appears to have got out of shark infested waters but is now surrounded by a pod of killer whales. Anguish may limp on a bit longer. Shareholders aren’t going to see any returns though, are they? No dividend. The chances of an adverse corporate action here are undiminished, in my view. |
Posted at 25/7/2023 17:42 by headinthesand 1347, I took the latest RNS as stating that ANGS and Mercuria agreed to fix the quarterly floating prices on 50% of the last 12 months of hedges, rather than ANGS and Mercuria agreeing four single quarterly exit prices for ANGS to pay off that 50%.The former results in a now fixed liability of £6.25 million, the latter in a now fixed liability of £9.2 million. I agree that as usual (and no doubt deliberately) it's not been made clear. |
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