Angus Energy Share Discussion Threads

[solo4yous] 01/12/2021 14:25

Angus Energy Gas Project Approach for Buyout Rumour

[jtidsbadly] 01/12/2021 14:22

gaffer: £3.47mm, assuming they’ve spent the allotment for the current quarter and not drawn down any of the next quarter’s.

[gaffer73] 01/12/2021 13:58

They've still got 4m drawdown left haven't they?

[sincero1] 01/12/2021 13:38

the smell of stale urine is strong...i think 13reallyneedsahobby47cptmainwaring has posted again. as the old confused pompous old fart is irrelevant i have him filtered, i do hope he still is not replying to a question i never asked ...jtisadly this is your fault , if i told you once ,i told you a 100 times ...its a simple request over your crayon exchanges .....and you are letting him embarrass himself regularly judging by the amount he replies after i post something that wasn't to or about him....

[clottedq] 01/12/2021 13:10

All anyone needs to know here at the moment is what does the Anguish bank balance look like... and can George please confirm or discredit "the rumour" that a discount placing will be needed imminently?

Thank you

CQ ;-)

[davemarn] 01/12/2021 13:07

Libel?that is a very interesting question on the q&a ....hope mercuria and shell very aggressive legal departments don't look at these boards...Jtidsbadly posts regarding Mercuria's involvement :"it's going to cost Mercuria lots of money""Maybe they can use Anguish's tax losses""I expect Mercuria to want Anguish to have more placings""I dare say Mercuria will be getting all its original demands met""I expect the loan terms to stipulate release of funds as and when needed and subject to Mercuria's specific approval""Id be surprised if we don't see the appointment of a Mercuria person as a Director there very shortly.""The proposed loan terms are unaffordable. Mercuria must have something else in mind""For someone like Mercuria, this is a no-brainer. Tax losses that make pulling the plug on Anguish pretty well risk-free if they can't make money on the gas""If Mercuria finds itself strapped for cash, it's going to be a problem.""...and Mercuria are in trouble, things could get awkward quite quickly, what?""Sharks""Hyenas"lets not also forget :JA51OILER - 31 Mar 2021 -" As JT has pointed out, if there was a contract still in place with Shell as you maintain, Angus would be in breach for non-delivery and it would now be void.JA51OILER - "They could well be in breach of conditions in said contract" " I'm sure there will be a contract in place but I very much doubt it will be the original".Angus q&a reply oct 2021:"The contract is still in place and the terms are unchanged."

[sincero1] 01/12/2021 13:06

do the resident old grey disingenuous dads army, judging by the flurry of panic negative posting , really think that this "rumour" has credence ? really ? no come on really ? you old farts have got yourselves so confused and anxious you don't know which way to turn.... i point and laugh again ... i knew you lot were imbeciles but this is a new low ....

[davemarn] 01/12/2021 13:02

PeterashbeckPosts: 394Price: 0.775No OpinionRE: RUMOURS OF BIG OFFERS FOR SALTFLEETBY £14m+Today 12:15Assuming that there is any truth in this rumour then this would mean that the buyer was willing to pay £28 million plus £12 million debt for Saltfleetby, valuing the deal at £40 million.I could see this rumour having some basis in fact. At 10 mmscf/d we know that even with the hedge Saltfleetby would be generating £2.5 million per month and pre-hedge it would be generating £1.5 million per month at 5mmscf/d so this would mean that it would generate £20 million in 2021 alone and then another £26 million in 2022. This would be less than a 2 year payback even with the hedge in place which is perfectly workable.Of course, if 100% of the asset was sold and the debt was paid back then it is entirely possible that the hedge would no longer be in place for the new owner. In this case they would be looking at generating over £60 million in 2021-2022 and that is at conservative oil prices.I can see why a buyer would like the deal. Angus have done the hard slow work in getting Saltfleetby through to production. If somebody with deep pockets came in now and could get rid of the hedge then £40 million would be a cheap price to pay to get hold of it. There could genuinely be some legs in this rumour.

[davemarn] 01/12/2021 13:01

JTI CHICK ALL THESE LOCALS and Shorters having kittens today...they have had a slap on the face intraday!

[jtidsbadly] 01/12/2021 13:01

In late October the boys on the AAOG site were saying Angus might be looking at buying AAOG for its tax losses!

[clottedq] 01/12/2021 12:58

All a bit "convenient" IMHO

...that a supposed OFFER turns up just after The Market reacts badly to Anguish's latest - in an already long line of - lacklustre RNS's!?!?!

Sounds like the work of the Multiple I.D Moron 'AGAIN" to me. Hoping to extricate himself from the lobster-pot - we (George's Stale Bulls - apparently!?!) warned him about months and months ago...

Averaging down only works if the company you are invested in can be trusted to deliver... and sadly, Anguish has proven time and time and time again, to be barren when it comes to deadlines and delivery on ANYTHING!

CQ ;-)

[solo4yous] 01/12/2021 12:57

JTI CHICK ALL THESE LOCALS and Shorters having kittens today...

they have had a slap on the face intraday!

[gaffer73] 01/12/2021 12:55

Certainly a lot more value than 7.5m that's for sure.

[sincero1] 01/12/2021 12:53

do they keep the elderly separated from the rest of the inmates ....

[sincero1] 01/12/2021 12:53

do they keep the elderly separated from the rest of the inmates ....

[jtidsbadly] 01/12/2021 12:51

Now cudswallop is referring to AAOG/SEL! Has he looked at those recently?

[sincero1] 01/12/2021 12:47

that is a very interesting question on the q&a ....hope mercuria and shell very aggressive legal departments don't look at these boards...


Jtidsbadly posts regarding Mercuria's involvement :
"it's going to cost Mercuria lots of money"
"Maybe they can use Anguish's tax losses"
"I expect Mercuria to want Anguish to have more placings"
"I dare say Mercuria will be getting all its original demands met"
"I expect the loan terms to stipulate release of funds as and when needed and subject to Mercuria's specific approval"
"Id be surprised if we don't see the appointment of a Mercuria person as a Director there very shortly."
"The proposed loan terms are unaffordable. Mercuria must have something else in mind"
"For someone like Mercuria, this is a no-brainer. Tax losses that make pulling the plug on Anguish pretty well risk-free if they can't make money on the gas"
"If Mercuria finds itself strapped for cash, it's going to be a problem."
"...and Mercuria are in trouble, things could get awkward quite quickly, what?"
"Sharks"
"Hyenas"

lets not also forget :
JA51OILER - 31 Mar 2021 -" As JT has pointed out, if there was a contract still in place with Shell as you maintain, Angus would be in breach for non-delivery and it would now be void.
JA51OILER - "They could well be in breach of conditions in said contract" " I'm sure there will be a contract in place but I very much doubt it will be the original".

Angus q&a reply oct 2021:
"The contract is still in place and the terms are unchanged."

[solo4yous] 01/12/2021 12:44

Gaffer agree,

However the basis of a theory is sound.

Gas in ground has quadrupled and is yet to be extracted.

So the value, CPR uplift and persistent selling/shorting does elude to something bigger.

I for one would be content to see the asset sold and ANGS use monies for other projects.

Lets see, today was a naughty drop on some selling and deliberate weakness by Brokers!

[1347] 01/12/2021 12:42

JT Please do report it to the FCA, although they are less use than a fridge in an Igloo. People buying and selling on inside information appears to me to be rife with some of these companies on AIM, as per my comments on UJO, along with 'ever so coincidental pre-placing and pre-exit spikes' in the SP, although nothing ever seems to get investigated.

[gaffer73] 01/12/2021 12:39

Can't see an offer coming at this point, once they hit first gas maybe, but not now. A Twitter post is not really a reliable source.