Angus Energy Share Discussion Threads

[clottedq] 20/10/2021 15:46

(IN) Sincerio:

Another example: Who says "Pahhhhh" these days - except for "old aged" readers of the Beano.

I put you at 70+ greyer and balder than everyone here, and likely to be licking windows well before the rest of us... especially if you continue ploughing your money into hopeless causes like Anguish Energy.

CQ ;-)

[sincero1] 20/10/2021 15:42

uclot - you are embarrassed , i understand its hard to apologise particularly as you are intimidated by my superior intellect ..and you being such an imbecile ... but educate yourself you will be better for it ...

[sincero1] 20/10/2021 15:40

jtisadly " They’ve been listening to us"PAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
PAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHPAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHPAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH...

completely deranged, never let the truth get in the way of his negative agenda...

[clottedq] 20/10/2021 15:40

(IN)Sincerio...

By using such an "old" derogatory term you are clearly the "Old... Grey" one here yourself.

I had to look the term up - as I wasn't familiar with it - and having done so, I now know why:

People of my age and lower would not use such a term... society has "generally" improved and become more inclusive.

It seems farcical to me, that you - of all people - should be calling any of us grey and old - when (from your choice of language) you are clearly much older than the rest of us here!

Grow up and learn some manners (I think that's what seniors of your age usually tell their juniors isn't it?)

CQ ;-)

[jtidsbadly] 20/10/2021 15:37

They’ve been listening to us. Extension of the Knowe loan to July 2022, almost immediate grant of 11 million shares to Knowe. Get ready for those to hit the market. Now you know a bit more about the recent ramp. Yes, Sincero, another placing, though a small one. They haven’t seized the opportunity to update the market on progress, what?

[sincero1] 20/10/2021 15:35

rns out ... another slap in the grey old window licker mutton chops ....

[1347] 20/10/2021 15:33

JT's got Stockholm syndrome again.

[sincero1] 20/10/2021 15:28

uclot - the fact that i use it in relation to old and grey tells you it has nothing to do with children at all. the fact that ,in a desperate attempt to have a go , you choose to suggest i mean children only humiliates you further. you are a pathetic , insignificant individual .... educate yourself , you are embarrassing .... i will await your apology ....

[clottedq] 20/10/2021 15:20

Still showing your age and intellectual deficit (IN)Sincerio by your use of that derogatory term for disabled children on school buses: "window lickers".

Not cool... not cool at all!

CQ :-(

[sincero1] 20/10/2021 14:55

by my reckoning that makes uclot .. the pet dog....or is that pet hamster ... would explain the recent insane inane rambling posts ...

[sincero1] 20/10/2021 14:54

hmmm interesting , 13reallneedsahobby47, correcting and slapping down ja51contractvoidoiler" who responds very subserviently like a good boy ...... a chain of command is becoming very clear here...

[sincero1] 20/10/2021 14:52

uclot " It's getting far more peaceful with intelligent debate & a smattering of humour here again now..." if by that you actually mean " its full of negative supposition here posted by disingenuous and mendacious old grey window lickers " you are spot on uclot...

[ja51oiler] 20/10/2021 14:50

OK...Get it, my mistake. I thought they could get a double bubble.

Why would Knowe give them permission and lose money HITS? They were in a very shaky position when they were forced to do it and even worse when they placed @ 0.6p.

So we should expect a placing before Feb 20th anyway though? If so at what price when 155,555,556 new Knowe shares and the other £1.5 Million placing that came with warrants starting @ 1.2 p could appear?


"Surely the BOD has a responsibility to shareholders to make sure that couldn't happen?"

.............It was a bit tongue in cheek 1347!!

[1347] 20/10/2021 14:30

JA - They only get the warrants if paid off in cash, they won't get conversion shares and warrants as I understand it.

Assuming they convert at 0.90 (as there was a placing at that price) then that equates to 155,555,556 shares by my calculations, which, with the current situation, would represent 16.09% dilution to the rest of the shareholders.

As it stands that would take them to 22.35%, below the 30% threshold.

"Surely the BOD has a responsibility to shareholders to make sure that couldn't happen?"

Ha, ha - you're kidding me aren't you, since when has this BoD displayed any responsibility to shareholders? How long have you been around?

[headinthesand] 20/10/2021 14:28

JA51, a couple of things.

If Knowe are not paid back by Feb 20th, they only get £1.4 million of shares at 0.9p if that Sep 2020 placing occurred "without the prior written approval of the Noteholder". Otherwise they get £1.4 million of shares at 1.0p. To my knowledge, ANGS hasn't stated whether Knowe approved September last year's placing or not.

Also to my knowledge, Knowe only gets warrants if it is paid off in cash early (i.e. before Feb 20th next year). So to me it looks like Knowe gets either cash and warrants, or shares - but not both. Unless it's already holding some other warrants that I've forgotten about.

[clottedq] 20/10/2021 14:19

It's getting far more peaceful with intelligent debate & a smattering of humour here again now...

I assume Sir Spamalot is running short of ban-free multiple ID's? Maybe he's imploded or been sectioned - I do hope so, for his own sanity!

CQ ;-)

[ja51oiler] 20/10/2021 14:15

So am I right in thinking that if they don't pay Knowe back in/by February they at present will get £1.4 million worth of shares at 0.9p from the Placing made at that level? Then they could exercise the warrants at 0.9P plus 30% at the same amount of shares as they converted at?

That would take them well over the takeover threshold, wouldn't it?

Surely the BOD has a responsibility to shareholders to make sure that couldn't happen?

If so the only option is a placing to pay the CLN as I understand it as the charges on the company restricts any further borrowing.

[headinthesand] 20/10/2021 13:27

Re the Knowe CLN, I think it unlikely that ANGS will look to pay off part or all of the loan early. They have 4 months left to make up their minds on this. The only realistic way that ANGS could do this is by raising via a placing to buy Knowe out of the game - and even then, would ANGS want all those warrants that contractually come as part of an early pay-off hanging around?

No, I reckon it's much more likely that Knowe will be the proud (or otherwise) recipients of 14 billion new ANGS shares, come April 20th 2022. But even that wouldn't take them into territory where they'd be required to make a bid.

Nevertheless, Knowe will presumably be looking to recoup its £1.4 million lent as fast as possible, so that's very liable to put a hard ceiling on the possible ANGS share price in Q2 next year as they do so.

What will be interesting is if the ANGS share price is not significantly above 1p, come the end of April next year - because that then causes Knowe an issue in terms of being able to get its money back. If this is the case, then they'll have effectively lobsterpotted themselves, poor dears.

It's going to be an educational next six months, what with everything going on, that's for sure.

[sincero1] 20/10/2021 13:27

appears jtisdaly is very subservient to 13reallyneedsahobby47 .... hmmmmm interesting ...

[1347] 20/10/2021 13:22

JT Ah got the specs fixed finally then? Can't see how they'll have the cash unless they place to pay Knowe off. Business Development director? That is so obviously a rhetorical question that I'll pass. More importantly what exactly is he developing, something on Mars maybe?

[jtidsbadly] 20/10/2021 13:09

What’s happened to Cudswallop on the other site? Another id imminent?

[sincero1] 20/10/2021 13:09

jtisadly " doesn’t it?" clearly looking for support for his supposition .... posters beware ....don't get implicated....especially those with below average intelligence....... heads up uclot ...ja51oiler ..

[sincero1] 20/10/2021 13:06

now even 13reallyneedsahobby47 appears irritated that jtisadly is just making stuff up to suit his negative agenda ..... giving him a real telling off .... putting him straight ... clearly distancing himself from jtisadly.... doesn't want to get implicated ...