Angus Energy Share Discussion Threads

[clickbait] 08/6/2021 20:26

WHERE IS THE MONEY???

ASK, ASK, ASK...

WHERE IS THE REVENUE???

WHY DO YOU NEED £12 MIILION POUNDS MORE???

ARE INVESTORS EVER GOING TO SEE A RETURN OR ARE THEY JUST PAYING FOR A LIFESTYLE COMPANY???

MY QUESTION TO THE BOARD IS WILL ANY LONG TERM INVESTOR WITH AN AVERAGE ABOVE 1 PENCE EVER BE ABLE TO MAKE A PROFIT???

[jtidsbadly] 08/6/2021 19:43

No, they ran out of money, as we said they would.

[sincero1] 08/6/2021 18:56

jtisbadly - as predicted , floundering. just saying it or saying other imbeciles did doesn't make it true...anyone else want to try ? uclot ? ja51"contractvoid"oiler? all gone very quite , cat got your tongues... pathetic...

[jtidsbadly] 08/6/2021 18:49

Yes, they ran out of money, as the more expert commentators on here said they would.

[sincero1] 08/6/2021 18:10

jtisbadly, at least you replied to the call for any of the resident window lickers to reply, so you do at least recognise what you are. as predicted all supposition...as is evident by your caveat "pretty clear to anyone who has any idea about these things" you clearly have no idea. want to try again? any of the other window lickers want a go ? uclot just seems to be ranting , has lost it completely. no supposition remember....

[jtidsbadly] 08/6/2021 18:04

Well, the following extracts from the recent loan update are pretty clear to anyone who has any idea about these things:

“the Lenders are being granted 30 million ordinary shares over the life of the facility in lieu of a cash facility fee..”

“In addition, and in order to satisfy certain existing outstanding professional fees, as well as commission payable in respect of the Funding Agreement, the Company has agreed to make certain payments in Ordinary Shares (the "Adviser Shares"). Thus the Company is also issuing 20,000,000 ordinary shares in negotiated settlement of a proportion of those commissions and fees otherwise payable. The remainder of the fees will be settled in cash and/ or shares, such final amounts being agreed and to be updated should further share issues be agreed.”

“Outstanding professional fees”, “payments in Ordinary shares”, “..negotiated settlement of a proportion of those commissions and fees..” etc. In other words, they owed Aleph and its funding partners money they couldn’t afford to pay since - well, we won’t know since when until we receive these further updates, will we? Two months seems to me a pretty fair bet. With these share issues, they have in effect made a placing of shares with the funding consortium members to settle amounts that had accrued because Anguish couldn’t afford them when they were due.

They ran out of money.

[clottedq] 08/6/2021 18:00

FACT 5:

George's words are currently worthless. He's already promised what he then failed to deliver, i.e: original deadlines for Poundland (MASSIVELY WRONG - EVEN NOW)... original costs for Poundland (MASSIVELY WRONG - EVEN NOW)

Only actual "DELIVERY" matters from here on in George... the rest has already proven to be a lot of worthless hot air!

CQ ;-)

[sincero1] 08/6/2021 17:38

uclot- post the document or the evidence that Angus ran out of money? not supposition, actual documentation.... for that matter , that goes for any of the resident window lickers ...

[clottedq] 08/6/2021 17:37

Oh yes... sorry:

FACT 4: George is learning on the job as he has ZERO "previous" oil & gas experience. His post was "supposed" to be temporary wasn't it?

Considering the demise of Market attributed company value during the course of his tenure... this really should NOT come as a surprise to anyone!

CQ ;-)

[sincero1] 08/6/2021 17:36

uclot- post the document or the evidence that Angus ran out of money? not supposition, actual documentation.... for that matter , that goes for any of the resident window lickers ...

[clottedq] 08/6/2021 17:21

FACT 1: Of course Anguish ran out of money! Otherwise why on Earth did they need a £12 Million Pound loan?

FACT 2: Hence the reason Anguish sourced an expensive loan to fund Poundland...despite...

FACT 3: George reassuring investors it was never needed in the first place!?!?!

which will inevitably add further downward pressure to the share price until "something"... "ANYTHING"... is actually DELIVERED FOR ONCE by this utterly inept BOD.

Have I missed any other Facts?

CQ ;-)

[jtidsbadly] 08/6/2021 16:59

Ran out of money.

[sincero1] 08/6/2021 16:53

jtisbadly " I expect a downward move into the sixties shortly." it was " 0.20 soon" on the 27th May . Another saved screenshot . And there is the "run out of money post" as i precited , regular as clockwork months and months week in week out . Just shows this clown knows nothing .

[clottedq] 08/6/2021 15:44

JT,

Following the lackluster Market reaction to the loan agreement (and its many caveats!!!) it would be reasonable to expect a slow downward pressure on the share price - since there is "NOTHING" happening here until Q4 (according to Lucan)... which means Q1 next year - at the very earliest - if Anguish's past performance at hitting deadlines is anything to go by.

How anyone could still call this a sound investment at current levels... is beyond me.

If anyone is that keen on buying in for a punt... my advice would be to wait until the directors put their hands in their own pockets first... probably when the share price is way lower - deadlines have been stretched (again) & millions of additional incentive shares have been churned through.

CQ ;-)

[jtidsbadly] 08/6/2021 15:20

I may not have made it sufficiently clear for the challenged shills on here, so here goes. It’s pretty clear that Anguish ran out of all but pin money two months ago, at least, and have been surviving on credit since then. Get used to it, the better researched contributors were right on the money.

Re the current share price, the touch appears to be roughly 71-74. It won’t stay like this for long. I expect a downward move into the sixties shortly. But please do your own research. Please..

[sincero1] 08/6/2021 14:29

the resident window lickers don't realise that after months and months of " placing soon" " running out of money any minute now " posts clearly never happening and posts so desperate & scrambling full of supposition and nonsense they are actually encouraging people to buy shares cos they are seen to be completely clueless trolls. Then mercuria rock up to slap them even harder in the face after shell did . why else would they post if they are not shareholders ? what imbeciles.

[sincero1] 08/6/2021 14:21

uclot "Looks like predictions of a further share price fall here were correct..." price is stable , traded volume is tiny, therefore movement in share price of no significance. Your post shows you have no idea what you are talking about but that has been obvious from the start. Jtisdbadly "placing post" right on time , you can set your watch by it . "running out of money " post to follow. What clowns....

[jtidsbadly] 08/6/2021 13:50

The current selling could be placees getting out of some of their forthcoming placing shares early, to beat the rush.

Incidentally, I’m wondering whether those hedges beginning in July next year are firm. Mercuria must know that, with Anguish, who have never met a budget or a timetable, there’s a real risk that there will be no gas (or not enough) within the next 12 months. They don’t want to find themselves shorting gas, presumably? Assuming they are firm, there has to be something in the agreement to which we are not privy allowing them to take control if the timetable slips or costs are higher than expected. Or, even more likely, if the SF007 sidetrack is unsuccessful!

[clottedq] 08/6/2021 13:34

Looks like predictions of a further share price fall here were correct...

There are going to be plenty of holders losing their nerve soon - especially given inevitable delays and further mounting company costs.

Don't know about directors adding... I strongly suspect weasels like Tidswell will most likely be selling off right now!

CQ ;-)

[jtidsbadly] 08/6/2021 13:10

JA51: yeS, and the last set of accounts produced by Saltfleetby Energy was in respect of the period ended December 2018, when it was Wingas. You’d think the accountant, Mr. Forrest, who’s so active at SEL and at AAOG would stir his stumps and get them done wouldn’t you? He’s been in sole charge at SEL for two years. They probably won't need auditing, he can do his own ticking.

As for the resident PR rep “correcting221; my English, that’s just bizarre.

[sincero1] 08/6/2021 13:05

ja51"contractvoid"oiler - "Mmmmmm over £55million loss in 4 years.....etc" and still mercuria and shell get involved. I thought you had embarrassed yourself enough with the " contract void" post but clearly not . seek mental health support as a matter of urgency

[ja51oiler] 08/6/2021 12:08

Mmmmmm over £55million loss in 4 years.......De-comm of £12.8 million showing on the last accounts...Forum Energy services Ltd(the parent company) only showing £89k in the last accounts...both companies delayed publishing the accounts for 6 months.......AAOG taking 25% OF SEL.......and the accounts at both companies are late????........nothing to see here move along!!

[sincero1] 08/6/2021 12:06

jtidsbadly " a conspiracy theorist" the word is conspirator , if you are going to talk nonsense at least try and do it in English ....