Angus Energy Share Discussion Threads

[cantrememberthis2] 13/7/2021 12:57

Wow
Never have I read a bunch of amateurs beat down a stock they got badly burned in and not have the maturity to move on


So many contradictions it's funny


Average down if you must ffs and get out at 1p

[jtidsbadly] 13/7/2021 12:48

I suppose one can’t expect organ grinders’ monkeys’ monkeys to read straightforward English. For once, I’m not going to repeat myself.

[rmart] 13/7/2021 12:36

Yes he does

[cantrememberthis2] 13/7/2021 12:29

So if you want it to go to 0p why haven't you achieved this objective?You've lost money so you want all Investors to lose money?

[jtidsbadly] 13/7/2021 12:24

“Lucan 2 years in role”. What’s your point? What’s the share price done since his appointment?

No, I don’t want the price to go to 0. I do think there's a reasonable chance it will. We can’t leave these chat sites entirely to ignorant rampers and company shills’ organ grinders’ monkeys’ monkeys, can we?

[cantrememberthis2] 13/7/2021 12:20

Deramping for what gain?What this stock 0p?Sounds like shorters Lucan 2 years in role End of

[jtidsbadly] 13/7/2021 12:15

Market capitalisation/debt is a worthless and irrelevant calculation.

I’ve no idea what Forest Nominees are doing, their accounts are inaccessible. Maybe someone can use Anguish’s tax losses. In August last year there was a nice little pump and dump, which Rupert coincidentally used to get out of his large position without losing much, if any, money. Anything can happen in these AIM companies.

George Lucan misled investors for a crucial six months over the dire straits he’d got the company into. He apparently turned down bank funding for Poundland last Spring, which should have got him to first gas by year-end 2020, only 4-6 months late. Instead, he spent another year or more negotiating crippling financial terms from a commodity trader. I don’t think he had them over a barrel. In my view, if you place credence or derive any comfort from anything he says about Anguish, you’re gullible, or what people refer to as a mug punter.

If he manages to produce sustainably 100% of the CPR’s expected gas production by April next year, I shall apologise for my scepticism, congratulate him and disappear from this board. I don’t rate the chances of this happening very highly. Observe the record.

[cantrememberthis2] 13/7/2021 11:42

As George Lucan saidInstitutional Investors believe this is a risk worth taking150% market cap debt facility £12mThat's a huge uptickAnd don't forget Forest Nominees have snapped up 10.14% in 7months REGARDLESS OF DILUTIONSMASSIVE VALUE PLAY HERE IN ANGUS ENERGYHTTPS://mobile.twitter.com/DeepValueHunte1/status/1414879753962676226

[rmart] 13/7/2021 11:34

nah, I am sure the lenders who lent £12m are not patient, they will be complete idiots who know absoultely nothing about what is going on!, doh, are you being serious ! lol, fool,

chuckle away.

When will you admit things have changed? 1st Gas Switch on?
Or will you still whinge on like children even after that point?

to you,

[jtidsbadly] 13/7/2021 11:34

gkb47: an excellent post by you on the other site. Mine reads like a reproduction of it, but it wasn’t, I’ve only just seen yours there. These shills are having trouble trying to refute demonstrable facts.

[rmart] 13/7/2021 11:33

JTids, your other chuckle brothers seem to be leaving you to it today. You must go and rally the troops, to you to me to you to me etc.

[jtidsbadly] 13/7/2021 11:32

Are you expecting them to be producing gas while they’re drilling the sidetrack? 16 weeks.

No, I’ve no idea what the gas price will be next year, nor next week. All you rampers appear to be saying Anguish will make toms of money because 70% is hedged at 43p. Well, if they don’t produce 70%, they’ll need a lower gas price, not a higher one, with these hedges in place. It’s all about producing at least 70% of planned levels as soon as possible, and by June at the latest, if gas prices stay high. And that’s assuming their various lenders are patient.

[rmart] 13/7/2021 11:25

What about the production from Jan to July? All cash to Angus to pay down the debt, maybe you just forgot that bit.

And do you know what the gas price will be next July? no of course you dont.

repeat, repeat repeat...

When will you admit things have changed? 1st Gas Switch on?
Or will you still whinge on like children even after that point?

[cantrememberthis2] 13/7/2021 11:24

So many moaning disgruntled old investorsMany moaned COPL FAR ZPHR This is gonna make 5p soon IMOBags GaloreHttps://mobile.twitter.com/DeepValueHunte1/status/1414879753962676226

[jtidsbadly] 13/7/2021 11:22

The other shill is still here! Was he not invited to the meeting, then? That presumably makes him the organ grinder’s monkey’s monkey.

[jtidsbadly] 13/7/2021 11:18

Yes, a pity they’ve got no gas to sell this winter, what? Should have been in production this time last year. That would have been good. Shareholders would have had a decent return, what? I should say so.

As for next year, 70% of their planned production is covered from July by hedge contracts at 43p. If they produce more than 70%, they’ll do well. If not, and prices stay as high as they are now, Anguish may be somewhere damp and smelly without a paddle. I don’t understand why people don’t understand this. Have I got it wrong, somehow? If I were interim MD here, I’d be thinking about doing something which took up even less of my time: I should think the next 11 months are going to involve some stress. His alternative career as a model for rather tight-fitting and gaudy country clothing may tempt him away? What? Rather!

[rmart] 13/7/2021 11:03

Serious question though for all the chuckle brothers group,,, ie. JTidsbadly, headinthesand, ClottedQ, clickbait etc.

When will you admit things have changed? 1st Gas Switch on? I can handle you all for another few months. Or will you still whinge on like children even after that point?

[jtidsbadly] 13/7/2021 10:51

I see the shills’ mentor Ocelot on the other site is continuing the mantra about the Board clearout since Lucan took over as interim MD. But Carlos and Hollis are doing the same jobs they were doing then. Though now on salaries that were doubled, and with Board status. I doubt Lucan had much choice about any of that, in the circumstances. And Jonathan is still there, somewhere - though we don’t know what he’s doing or what they’re paying him. So really all that’s changed is they’ve got rid of their MD and replaced him with someone with no experience of the industry, who’s taken the job (on an interim basis while they look for someone who HAS some relevant experience) because he wants to spend more time with his family. And they’ve taken on the likeable Earl of Clanwilliam as Chairman and lost a couple of non-execs.

Oh, and that ignores the circumstances of Lucan’s interim appointment. It was suggested at the time that a boardroom coup had been organised by Jonathan, following his ouster from the Board in the previous summer amid allegations of improper share movement disclosure as Captain America, and amid calls for shareholder action. Lucan was said to be his candidate.

So that's all all right then. Boxes firmly ticked. Good show. Caveat investor.

[johncasey] 13/7/2021 10:49

NATURAL GAS PRICES SKYROCKET GLOBALLY DUE TO HISTORICALLY COLD 2021 AND FAILING RENEWABLES
JULY 13, 2021 CAP ALLON
A surge in natural gas prices on the global market has emerged.

The market has been in upheaval in recent months due to a rapid depletion of supplies in Asia and Europe due to the historically cold winter of 2020-2021 and the big freezes which extended well-into spring.

This is according to Sohbet Karbuz, of Bilkent University Energy Policy Research Center, who also attributes the increased LNG prices to a rise in carbon prices in Europe, and to natural gas having to fill the void created by the lower-than-expected generation from renewables.

In other words, this issue is partly self-inflicted as ‘green policy’ continues to hamstring the global energy supply.

“The prices were around $25 per ton in November 2020, now it’s over $50,” laments Karbuz. “As such, the transition from coal to gas accelerated. Wind and solar also failed to deliver what was expected in electricity generation in Europe,” he adds.







The gas market in Asia has changed over the past six months, explains Karbuz, with China overtaking Japan as the world’s largest LNG importer.

The Changing Jet Stream

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Karbuz warns that Japan’s demand will increase with the start of the Tokyo Olympics –due to begin on July 23– and that this will heap further pressures on the market by creating even greater competition among importers.

Karbuz also notes that the LNG market pivoting away from Europe to focus on Asia has resulted in much higher prices across the EU.

“Europe is in a difficult situation in terms of price,” he says. “LNG prices are increasing. There has been a decrease in LNG input capacity due to maintenance and malfunctions in some LNG facilities in Europe, which is considered as the last supplier.”

The shortage in gas supplies has been compounded by Russia’s reluctance to exceed its normal contract with supplies to Europe.

“Russia sends gas almost at full capacity from Yamal (liquefied natural gas terminal) and through the Nord Stream (gas pipeline). It could increase the flow through Ukraine, but it does not want to exceed the normal contract amount. There is a geopolitical war,” says Karbuz.

Successive problems with gas imports from Libya to Italy in June have further contributed to the shortage.





Rethinking Future Investments in Natural Gas Infrastructure | Greentech Media

As of the end of June, gas stocks in Europe dropped to the lowest level in the past 10 years, culminating in near seven-fold price increases.

Prices at the UK’s National Balancing Point (NBP) hub, the Dutch Title Transfer Facility (TTF) and the Japan Korea Marker (JKM) were below $2 per MMBtu (Metric Milion British Thermal Unit) in June 2020; but now, as of July 7, prices have soared to $10.92 on the NBP, $11.19 on the TTF, and $12.69 on the JKM.

It is feared that this won’t bode well for winter prices when demand is at its highest yet supply is low.

“If the weather is bad and there is not enough gas in the tanks, then there will be a big turmoil in gas prices,” concludes Karbuz — people could wind-up struggling through the harshest months of the year without energy.




Unfortunately, a cold winter is exactly what’s expected, particularly given the reemergence of La Niña conditions:




It may be the middle of summer, but those in the Northern Hemisphere should be preparing for winter NOW as a myriad of miseries threaten to combine and hit simultaneously — the perfect storm — the Grand Solar Minimum.

Don’t rely on a fragile infrastructure or on the planning of local government — they will fail you.

Be the ant, not the grasshopper.

Be responsible for yourself.

[rmart] 13/7/2021 10:35

JTidsbadly, headinthesand, ClottedQ, clickbait,

to you to me to you to me to you to me.

What a sad pathetic bunch. See you at 2p, 3p, 4p, 5p though, it will be a nice ride.

[rmart] 13/7/2021 10:32

yes, you missed the fact you are a bitter old twisted fool.

[jtidsbadly] 13/7/2021 10:16

CQ: torreagus is either another shill or a very inexperienced investor. Angus is a company that consistently and grossly misled its shareholders for six months last year about its financial condition. It would surely be inappropriate to trust them after that. They’ve got no money for anything but Poundland. They need more money to keep the lights on at Chiswick. They’re late filing the accounts of their operating company (AEWB3), which is now controlled by Law Debenture. Their partners in Poundland are even later in disclosing their accounts than is AEWB3. There may be a law suit against them - we’ve heard nothing more about that. If they don’t meet their gas targets by July, the hedge contracts they’ve been forced to enter into may bankrupt them and without a successful sidetrack from SF07 they’re pretty well guaranteed to come up short. And they have to find £1.45mm. in April next year to repay Knowe, and a further £4.5mm. in interest and capital, on their amortising loan, to the lenders by end-May. The interim MD has already suggested the timetable for the plant may slip into the new year. The sidetrack is scheduled to take 16 weeks. And they’ll probably need two more capital raises by year-end. Have I missed anything?

[clottedq] 13/7/2021 09:54

This quote from Torreaguas - over on LSE - made me laugh:

"That is the issue here, far too many of you cannot let the past go, i do feel a bit sorry for you but you are your own worst enemies. Why not clear your vision and look at the fact we will be a gas production company within a few months with an share price far north of here."

Reminds me a lot of the cheerleader mantra here.

Unfortunately, to trust in this company's future, means you need to trust in the "current" management team. The same management team who promised us cheap gas production in 2020 and then moved it on by TWO YEARS with a £12 million overspend!

Since AIM is heavily weighted against the investor anyway - to deliberately ignore the past actions of the directors would be extremely foolhardy IMHO!

CQ ;-)