Angus Energy Share Discussion Threads

[3put] 28/3/2022 20:43

George Lucan, CEO, commented:

"The focus is now away from skid delivery to installation with the aim of having the site ready for commissioning during April and producing during May. The present gas price forward curve shows very high average prices of over 400 pence per therm for 2022.

In fact, gross production, of which we have a 51% share, solely from the existing wells and which is wholly unhedged for the month of June, is expected to yield 1.5 million therms or gross revenue of £7.2 million at today's forward price for that month alone.

Gross production solely from the side-track, should it be successful, is again wholly unhedged for the remainder of the year and is expected to yield a further 1.5 million therms each month of which Angus share is 51%.

The forward curve remains very high and seems likely to remain high this year and the company is more than anyone else acutely conscious of the need to preserve our timeline in order to provide value to shareholders whether through revenue sales or corporate action."

[chickbait] 28/3/2022 20:41

Where is the money in the budget to get Brockham back up and running?

Why so many sells before 1st gas?

I'm not sure if you can forward sell placed shares but if you can and these are being sold then more dilution?

[3put] 28/3/2022 20:41

Shareholders are 100% behind George!

So exciting

[3put] 28/3/2022 20:40

Look how happy he is

[3put] 28/3/2022 20:40

LondonSouthEast ;

Posts: 207

Price: 1.15

No Opinion

London South East interview with George Lucan, MD at Angus EnergyToday 17:11

We were delighted to catch up with George Lucan, who hasn't been able to do many interviews lately because of the restrictions imposed by the Takeover Panel.

What he was able to say today was: "We are continuing to be in discussions with parties." And: "The one thing I can add is that as a board we have worked so hard for this we are not about to give this away for 'a song'. We will drive the hardest bargain that we can in this environment."

Furthermore, shareholders can expect 1.5M therms of gas to be produced from May, and a further 1.5 M therms from the sidetrack well in August (51% of which goes to #ANGS making them debt free by the year end)- and Brockham is to start producing again after a two year hiatus. Please view the interview here: hxxps://youtu.be/AXgCtePbShc

[3put] 28/3/2022 20:39

It's a big project , rather exciting if you ask me

[chickbait] 28/3/2022 20:39

He says an enormous amount of electrical work to be done and headaches!!!

He says it, not me.

[3put] 28/3/2022 20:39

You can't bear it Chick, can you ?

[3put] 28/3/2022 20:37

17 March 2022

Angus Energy Plc

("Angus Energy", "Angus" or the "Company")

Saltfleetby Planning Permission

Angus Energy plc (AIM: ANGS) is pleased to announce that Lincolnshire County Council has granted permission for its application to reconfigure the layout of the Saltfleetby B Site originally envisaged and permitted by the extant planning permission N/158/00804/20 which was announced by RNS on 12 June 2020 and thereby completing the local authority permissions required for Saltfleetby to achieve first gas.



END.

[3put] 28/3/2022 20:37

Don't fight it Chick, enjoy it

[3put] 28/3/2022 20:36

You are clutching at straws and everyone here can see it

[3put] 28/3/2022 20:36

We have the permission to get the gas flowing , you have lost. I'm all for green energy, you should get behind this project , I think we will fund Geothermial from the vast profits.

[chickbait] 28/3/2022 20:36

3put. Did you watch the interview. He dealt with the orchestrated negatives at the start of the interview and finished off with the nice shiny bits that are not guaranteed!

Rose tinted glasses my friend.

You need to listen to the start of the interview.

Especially from 2:53

[3put] 28/3/2022 20:34

Go on , tell the truth.

[3put] 28/3/2022 20:34

If I was thinking of investing and seen the copy and pastes from 3put to drown out discussions I would run a mile!

So why are you here posting negative hits 24/7?

[3put] 28/3/2022 20:33

3put. He did not say the worst case scenario though did he!

There is always the possibility something can go wrong but we are weeks away from first gas in the middle of a crisis. You have picked the worst share to deramp in afraid

[chickbait] 28/3/2022 20:32

3put. He did not say the worst case scenario though did he!

If I was thinking of investing and seen the copy and pastes from 3put to drown out discussions I would run a mile!

[3put] 28/3/2022 20:31

debt repaid by the end of the year, followed by a special dividend or share buyback - BRING IT ON 👍

[3put] 28/3/2022 20:30

That's 10m without the sidetrack

[3put] 28/3/2022 20:30

Based on what George has said and best case scenario we could be pulling 20m per month revenue

[chickbait] 28/3/2022 20:29

JT, Here comes 3put again to drown out the facts:

[3put] 28/3/2022 20:29

These are the words of our CEO, not me! I know it's not been an easy ride for LTHs like you chick but if George delivers half of what he is predicting it will do many multiples from here

[3put] 28/3/2022 20:28

George Lucan, CEO, commented:

"The focus is now away from skid delivery to installation with the aim of having the site ready for commissioning during April and producing during May. The present gas price forward curve shows very high average prices of over 400 pence per therm for 2022.

In fact, gross production, of which we have a 51% share, solely from the existing wells and which is wholly unhedged for the month of June, is expected to yield 1.5 million therms or gross revenue of £7.2 million at today's forward price for that month alone.

Gross production solely from the side-track, should it be successful, is again wholly unhedged for the remainder of the year and is expected to yield a further 1.5 million therms each month of which Angus share is 51%.

The forward curve remains very high and seems likely to remain high this year and the company is more than anyone else acutely conscious of the need to preserve our timeline in order to provide value to shareholders whether through revenue sales or corporate action."

[3put] 28/3/2022 20:26

LondonSouthEast ;

Posts: 207

Price: 1.15

No Opinion

London South East interview with George Lucan, MD at Angus EnergyToday 17:11

We were delighted to catch up with George Lucan, who hasn't been able to do many interviews lately because of the restrictions imposed by the Takeover Panel.

What he was able to say today was: "We are continuing to be in discussions with parties." And: "The one thing I can add is that as a board we have worked so hard for this we are not about to give this away for 'a song'. We will drive the hardest bargain that we can in this environment."

Furthermore, shareholders can expect 1.5M therms of gas to be produced from May, and a further 1.5 M therms from the sidetrack well in August (51% of which goes to #ANGS making them debt free by the year end)- and Brockham is to start producing again after a two year hiatus. Please view the interview here: hxxps://youtu.be/AXgCtePbShc