Angus Energy Share Discussion Threads

[jtidsbadly] 11/1/2022 09:45

JA51: the problem with the AAOG theory is the uncertainty over the volume of gas and the hedges. No amount of fiddling with shares can change either of these. Are we sure that the mobile rig in December was on SF07? It couldn’t have been used to test the pressure on one of the producing wells, could it?

[clottedq] 11/1/2022 09:44

A word of warning:

The investor who was just aided to sell out his 16 million share holding on the back of the unexpected share price rise, is clearly well connected and nobody's fool.

You have to ask yourself:

Why did a well connected investor just sell his entire holding when we are supposedly so close to either a buy-out offer or first gas?

Clearly Lucan's assurances meant nothing to him either...

Well there's a surprise!

CQ ;-)

[davemarn] 11/1/2022 09:43

Nice clearing of seller

1.25p

[jtidsbadly] 11/1/2022 09:39

cuds: your head must be swimming. How many identities are you posting as now?

[3put] 11/1/2022 09:38

JT is our background buyer

[rmart] 11/1/2022 09:37

big seller cleared

[3put] 11/1/2022 09:34

Every day is a day closer to gas. Better de ramp it day and night

[jtidsbadly] 11/1/2022 09:33

JA51: I looked at AAOG just after the 6 January announcement here, hadn’t seen the interesting long exchanges there since then. I’d forgotten that SEL was given £14mm, and paid Anguish just £2.5mm. SEL is responsible for the lion’s share of the decommissioning costs, isn’t it? They own most of the pipeline, don’t they?

I think the shared address of the Forrest companies and Lucan fashion is interesting and unlikely to be a coincidence. I wonder where the Interim MD works from these days, Chiswick must be pretty irksome I should think.

It’s a very interesting conspiracy theory, I’m not sure, though, how much Anguish shareholders will get out of it if it’s true. Whatever transpires, they can rely on their Chairman to recommend what this lot come up with. We’ve discussed most of the possibilities in the AAOG posts on here in the past, peripherally, but never joined the dots as these people have.

[sincero1] 11/1/2022 09:27

ja51contractvoidoilerWG818 getting another deserved beasting over on lse as WG818...now come over here to take cover...what a loser..finished there and here ..move along snake...

[1347] 11/1/2022 09:27

Mohammed Abdul Munim binned it, sold out. Maybe that's what this was all about, happened before with Labrum, a rise followed by exit.

JA - Yes I keep an eye on the AAOG board, they seem to have sussed it out better than most of those on the ANGS board.

[jtidsbadly] 11/1/2022 09:08

I don’t recall encouraging people to sell at 0.60p. I said just before Christmas I was expecting a good ramp in mid-January. Forgive me for being out by a week. That’s what it is though. The size of the placing coming soon is going to make your eyes water. You’ve had most of the ramp - though they’ll need to keep it going for a few more days or they won’t get all the money they want and the placees won’t have the opportunity to profit. I’m still amazed that anyone would take part in it. There’s no bid, they’re very short of cash, the thing is very late and they’ve got desperate. The current share price is close to a strong resistance level on the chart too. If it doesn’t burst through it, any technical analysts watching it will get the wind up.

Is AAOG still a cash shell? This would make a nice acquisition for it, what? All those tax losses combined. Perhaps Mr. Forrest could raise a little cash on the strength of those after an all-share bid? What the Chinese refer to as a good deal for everyone. Or does he know Poundland too well? The brokers etc. would love it.

[ja51oiler] 11/1/2022 09:01

Morning JT
Have you had a look at the AAOG board over on LSE?

[3put] 11/1/2022 08:51

You were attacked for encouraging people to sell at 0.6. That's a 50% rise over the last week they missed out on.

[jtidsbadly] 11/1/2022 08:47

That’s funny, KingGibbon. I’ve been attacked for the number of posts I wrote this weekend. You need to follow the example of the Interim MD and be consistent. He’s 100% consistent. It’s not the company’s detractors on here who’ve presided over a 90% fall in the share price in three years and have put the company up for sale just before their gem of an asset starts producing oodles of gas.

[kinggibbon] 11/1/2022 08:41

3put these boys have been at it for as long as I can remember. They go very very quiet when Angus moves up.

[3put] 11/1/2022 08:38

Get back to deramping JT

[jtidsbadly] 11/1/2022 08:31

So you are baits.

[kinggibbon] 11/1/2022 08:19

Out of interest, who pays you bums to belittle a share that you have no shares in? I and others find it rather strange and you should seek mental help.

[jtidsbadly] 11/1/2022 08:18

..that’s how much gas and by when. The ”by when” is important. Are you baits as well, by the way? If so, Anguish haven’t got any offers to look at and any bid for all or part of Poundland is likely to be knocked back by the Debenture holders. Any potential buyer is likely to be deterred from proceeding by the hedges, the uncertainty of the volume of gas they can expect and the debt repayment schedule. I don’t include in this any all-shares bid from the likes of AAOG, SEL, Challenger etc., which seems to me the most likely prospect. Good luck with any of those.

Putting themselves up for sale is an act of desperation.

[jtidsbadly] 11/1/2022 08:11

‘Morning, cuds