Angus Energy Share Discussion Threads

[bionicdog] 06/11/2023 15:39

Making money? Very funny.

[sincero1] 06/11/2023 15:01

moronicdog is annoyed again isn't he ... an irrelevant nobody who just hates people making money when he failed ... ouch ... and pays subs for the humiliation ... bigger ouch...

[sincero1] 06/11/2023 14:56

SSSSSSSSSSSSLLLLLLLLLLAAAAAAAAAAAAAAAAAAAAAPPPPPPPPPPPPPPPPPP

[ja51oiler] 06/11/2023 13:56

Seen What? Have they released the new shares?... Only 4.2 Billion now!!!

[iceagefarmer] 06/11/2023 13:27

no many have seen this...city boys at lunch...shame

[iceagefarmer] 06/11/2023 13:27

huge news!

[fat frank] 06/11/2023 13:13

Although overdue a very welcome RNS

[ja51oiler] 05/11/2023 17:45

JTNothing a troll hates more than being ignored.

[jtidsbadly] 05/11/2023 15:58

There you go, shareprof, JA51 is in on it too. Less malarkey, more smarty. Innit?

[ja51oiler] 05/11/2023 13:34

Looks to me like SF4 is on its last legs. Last weeks reduced rates and this weeks also reduced rates looks like the figures you would be getting without its production profile (see the CPR) It would tally with the work they list in the CPR needs undertaking looking at the recent figures. It’s a couple of months early though.

My guess is they turned it back on to get the highest production figure in months to coincide with the billions of new shares news……but I may be a tad cynical!!

[shareprofessor] 04/11/2023 17:00

1347, tumbleweed is the perfect word for this thread now. Just you and JTidsbadly talking malarkey to eachother. Was it worth all the time and effort?

[1347] 03/11/2023 16:03

Where have all the Jayhawkers gone, it's just tumbleweed there now?

[1347] 03/11/2023 12:00

JT Don't be flippant, they are late with process plants, drills, flow lines, arranging finance, TR-1s, so what did you expect? Anyway it's easier to obfuscate if everything is tardy.

Big one next week, over half a billion to Kemexon at the give away price of just 0.66 p. That's actually more than the total shares in issue, 403,944,208, when Lucan led the charge of the Lightweight Brigade against those stale bulls. Market cap just before that was £45 m, it's now half that, good increase in share holder value what, what?

[jtidsbadly] 03/11/2023 10:05

Some shares allotted, in July and September respectively. A good thing they appointed those new company secretaries a couple of months ago, what?

[1347] 01/11/2023 17:53

I think the penny has finally dropped with some over in Kansas that it's not about gas flow so much now as cash flow and much of that is flowing to Mercuria, Kemexon and Aleph. At the same time, due to the largesse of the clowns in the boardroom, they are taking more and more of the cake at pretty much give away prices.

[jtidsbadly] 01/11/2023 14:04

WG818: not only that, but have they got enough storage for it and how close are they to their approved limit on tanker movements per week?

Is the new flowline connected up now?

I still think the re-negotiation of the floor price on the conversion of the usurious £3mm bridging loan is the most important single take-out from the Q&A. Kansas is full of talk about strong cash flow etc. but it’s all being spent, isn’t it? And it’s perfectly clear that Anguish had no footing in the negotiations, they had to take what they were offered. This could get taken out at a very low price - as 1347 has been suggesting for quite a long time.

[ja51oiler] 01/11/2023 10:11

Good to Excellent, A???

I think he may have forgotten a few other things that need paying for in his revised £12 million, that pays the Senior loan and Bridge off.....So how is he planning to pay the

£9 Million next year listed in the recent CPR for essential works.
£5.2 Million due to Forrum Energy Services to repay the 49% they bought.
Costs for the August upgrades listed in the CPR ...POA?

Then you have the other costs they have promised at some point

£800k minimum for the 1st stage at Balcombe, £6.6 for a full test.
£2/3 Million Lidsey
£2/3 Million Brockham

That would be £19 million being very generous, on top of that £12 million he thinks he needs!

Then you have the latest NSTA figures for August released.... and it's not pretty reading.
According to the CPR, they switched SF4 off for a couple of months. It's now back on and the water cut growing rapidly, around 40% of condensate in August, which actually fell from July as did the gas. Those disposal costs for the water will soon make the condensates/liquid as they call them a cost, rather than a cash cow.

[1347] 01/11/2023 07:22

JT Not so natural for the latest pen holder, the last one had the advantage of being Etonian trained.

[jtidsbadly] 31/10/2023 21:58

1347: yes, or he’s confused. He needs a huge loan on cheap terms to pay off these senior and junior loans and make Anguish debt-free. That’s the ticket. I mean to say. Soon be out of the woods with one of those, what?

They should have retained the seasoned financial wunderkind who used to pen these answers. He obfuscated much better.

[1347] 31/10/2023 21:26

JT Talking about comedic value this one from IQs is a classic, 'erbert seems to have picked up some tips from from Lucan about spinning yarns.

"We sought debt over equity because, for the anticipated length of time of six months prior to a refinance, even expensive debt is generally a better option than rawly dilutive equity which has a permanent impact."

So the 516,033,310 shares they issued today for the Nijmegen Bridge Loan and the 1,800,000,000 for the Aleph Warrants, both at rock bottom prices, well below the original floor price doesn't have a permanent impact then?

Not to mention the authority for yet another 4.5 billions shares that will almost certainly get issued at some point when the Bridge Loan Too Far matures.

He's either terminally stupid and Aleph are running rings around him or he's FoS, it could be both I suppose.

[jtidsbadly] 31/10/2023 21:21

Well, the Q&A are on the website now. This, below, is rather alarming:

“The first £3m bridge facility, raised in March, reached its maturity around the end of September. Had we not reached an agreement with the debt holder, then that facility would have automatically defaulted by its terms and in turn defaulted the other facilities, senior and junior.”

So they couldn’t repay it from cash. They say they’re generating cash and this makes them a bankable proposition. Their expenses must be very large, judging from this statement, what? That sidetrack must have consumed an enormous amount of money. In addition, if they haven’t got the re-financing in place by the end of January, the implication is pretty clear that they’ll have to agree to whatever conversion or other terms the lenders may demand.

[1347] 31/10/2023 16:37

JT A lot of the retail platforms don't do options, especially if they are a SIPP or ISA wrapper since what you can have in them is limited. In any case strike prices, and in/out of the money concepts would be too complex for most of the Jayhawkers over there and the Munchkins over here. AIM is much dodgier than I expected, as I've said several time, it's systemically corrupt and many of the directors are just shyters. It's generally a market for con men/women/whatever in my view, there are some exceptions but relatively few.