Angus Energy Share Discussion Threads

[shareprofessor] 04/4/2022 08:24

An exciting week ahead I hope. Certainly the world situation will be shining a light on any gas company. The positivity here continues.

[stockhunters] 04/4/2022 08:18

investors piling into gas

[onetomany] 04/4/2022 08:11

2 p to be tested by tomorrow. Possibly even today.

[iceagefarmer] 03/4/2022 22:45

all we need is ukog to get their act together...come on sanderson,george is showing you hard graft pays off not just dreaming of bahamas

[iceagefarmer] 03/4/2022 22:42

great weather for welding..must be ahead of schedule..very dry march..dry april so far

[onetomany] 03/4/2022 22:23

This week will be very interesting.

[3put] 03/4/2022 19:26

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: 

[3put] 02/4/2022 21:27

sawmill restaurant castle hayne

[3put] 02/4/2022 21:14

"Trader Makes Lottery-Ticket Bet on U.S. Natural Gas Doubling to $10"

[3put] 02/4/2022 21:13

"Trader Makes Lottery-Ticket Bet on U.S. Natural Gas Doubling to $10"

hxxps://uk.investing.com/news/commodities-news/trader-makes-lotteryticket-bet-on-us-natural-gas-doubling-to-10-2617844

[3put] 02/4/2022 21:13

ocelot

Posts: 17,537

Price: 1.45

Strong Buy

request to reduce French electricity usage on MondayToday 15:43
France’s electricity grid manager asked businesses and households to cut consumption as a cold snap pushes demand higher at a time time when around half of the country’s nuclear reactors are offline.

RTE requested that households run dishwashers and washing machines over the weekend rather than on Monday to help reduce the load and requested that businesses moderate electricity usage between 7 a.m. and 10 a.m. local time that day, according to a statement on the company’s website. It said it doesn’t expect any power cuts... (Bloomberg)

They think they should be alright, this measure is precautionary.

[3put] 02/4/2022 21:13

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: 

[1347] 02/4/2022 20:53

JT Well I do tend to call out misinformation if I see it, from whatever source. Also, you must know by now how much your admirer, that one with the fetishes, dislikes supposition. Anyway, in answer to your question, which I think I've answered previously, neither, but what I want and what I get are often two different things, so it seems we have the opposite.

[jtidsbadly] 02/4/2022 19:27

Well I’m not going to attach the term every time I mention something he may have said, so perhaps we can take it as read? It makes little difference. If he wasn’t offered $20mm he’s been economical with the actualité. If he was and didn’t take it (obviously), he’s a gross incompetent. Which do you prefer as your MD? A liar or a nincompoop?

[1347] 02/4/2022 18:17

JT Yes exactly, that's why I keep reminding you, it's 'allegedly' offered, you can't cherry pick these statements cn you. The discount rate may not be one hundred percent but it's in the nineties for sure.

[3put] 02/4/2022 16:51

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: 

[3put] 02/4/2022 16:50

ocelot

Posts: 17,537

Price: 1.45

Strong Buy

request to reduce French electricity usage on MondayToday 15:43
France’s electricity grid manager asked businesses and households to cut consumption as a cold snap pushes demand higher at a time time when around half of the country’s nuclear reactors are offline.

RTE requested that households run dishwashers and washing machines over the weekend rather than on Monday to help reduce the load and requested that businesses moderate electricity usage between 7 a.m. and 10 a.m. local time that day, according to a statement on the company’s website. It said it doesn’t expect any power cuts... (Bloomberg)

They think they should be alright, this measure is precautionary.

[jtidsbadly] 02/4/2022 16:24

1347: no, that’s about it. If you discount this 100%, then I think you have to discount everything he’s ever said as Interim MD here.

The only proof that would pass muster would be a copy of the rejection letter from the bank, what?

[1347] 02/4/2022 16:19

JT As you know, we have no proof a $20 m loan was ever offered, apart from a certain individual 'alleging' that it was and I put little store by that. Do you have anything more substantial?

[3put] 02/4/2022 13:41

sawmill restaurant castle hayne

[3put] 02/4/2022 13:41

"British fracking company Cuadrilla said a notice ordering it to plug and abandon two shale gas wells had been lifted" I'm actually against it but it could be huge for us

[jtidsbadly] 02/4/2022 12:37

1347: I’m not sure “allegedlyR21; is correct. I’m not alleging it: he said it. He didn’t allege it: he said it. The wording was,

“Our principal problem was size – generally speaking the larger lenders have high fixed costs associated with evaluating, structuring and approving a loan and reserves based lending is complex and requires a significant time allocation. The larger lenders tend to have a minimum “ticket size” of $20 m and above and ESG has become an issue for some as well. We nonetheless spent the summer doing technical and financial due diligence with one well known institution and were only pushed back due to this size issue at the last minute.”

I read this as his saying that they could have borrowed $20mm.

[1347] 02/4/2022 12:24

The Interim MD turned down the $20mm, he could have borrowed from one of these in the summer of 2020 *.

*Allegedly

[iceagefarmer] 02/4/2022 11:43

vast resources..all time low down 99%...1st quarter results due in 2 weeks,now is the time to buy that one