Angus Energy Share Discussion Threads

[sincero1] 27/5/2022 14:43

wg818 - yes you did..
what bellends..those grey old stale urine smelling nobodies are the gift that never stops giving...pahahahahah..how much more can they take...

[wg818] 27/5/2022 13:54

Sincero1 , ROFL, what a thicko, is just too easy. JTisbadly filtered appeared, did I get 2 thickos with 1 shot? That would be a sweet way to end the week.

[sincero1] 27/5/2022 13:33

pahahaha
..we all know you are thick ja51contractvoidoilerWG818 ..but this is a new low if that was possible.....replying twice to someone who has already said you are filtered so won't read your post..and already stated he does it just to get you to post to show how stupid you are..and you fell for it again..you bellend.... and you are still pretending you are not wg818 on lse....I can't say I blame you who would want to admit to being the imbecile......

First gas and then sidetrack and you grey old disingenuous crayon eating nobodies disappear.....

[jtidsbadly] 27/5/2022 13:31

JA51: it’s an unpleasant trick, isn’t it, an ignoramus passing himself off as a respected poster on another chat site? I dare say the real WG818 should have registered that identity on both sites. A lesson for the future.

[ja51oiler] 27/5/2022 12:41

You sound nearly as thick as UN-Balancedviewer?!?!

[ja51oiler] 27/5/2022 12:39

So let's get this straight WG818!

You copy someone else's name on a rival site to post here a couple of weeks ago. You either did that as you admired their posting on LSE or to try and discredit them by posting the tosh you do on here?....... Pretty self-evident who the stupid one is!!

[jtidsbadly] 27/5/2022 12:32

i347: feet on the fender, what? These evenings are still chilly, I mean to say. Don’t want to let a little local difficulty with the company’s moolah spoil a pleasant evening. Or lunchtime, for that matter. Have to get that boy in the office to start work on the speech at the EGM soon, I suppose. I’ll just have another pull..

[iceagefarmer] 27/5/2022 12:22

brandshield worth a punt...top of the leader board now

VERY interesting.

Tesco highlights a weakenss in their cyber security after conducting a stress test
Ex Tesco CEO buys a shedload of stock in a cyber protection company brandshield

[1347] 27/5/2022 12:12

Some scores on the doors after the last two subscriptions have been announced:

Amount raised in Loans and Placings since Lucan arrived £31 million.
Amount raise in Placings since the loan they didn't need was arranged. £11 million.
Amount raised since AIM listing £50 m.

That has resulted in 90% dilution and 90 reduction in share price since January 2019.

Anguish Market Cap first week of January 2019 £45 million.
Anguish Market Cap currently £18.5 million

Never mind, still got that wine cabinet, pass the port, what, what....

[jtidsbadly] 27/5/2022 11:40

Please excuse the following ditty:

By now, the Interim MD and the new boys on the block
Are deafened by the ticking of the Chiswick office clock.
They’re worried re the AGM - will they get a quorum?
A lot of funny things have happened on the way to Forum.

[wg818] 27/5/2022 11:35

Just so it is super clear I am not WG818 on LSE , posts as Ja51oiler here. I don't want anyone thinking I am that stupid.
Share price has found it's bottom thanks to the mm's.Filtrered goons have been been busy of course. All non shareholders by the way. What price on 1st gas announcement?

[ja51oiler] 27/5/2022 11:17

Wolf

Any chance of a sneak preview of the juicy bits?..... You can highlight them by making them italic if you like!!

[jtidsbadly] 27/5/2022 10:57

Wolf: we were a bit concerned a year ago when we learned from the Interim MD that they would be vacating the Chiswick office. What would that mean for the wine safe? I mean to say. But, fortunately, they’ve had to maintain a data room virtually ever since then and they’ve been surprised at how many people they’ve had to employ, four or five for compliance, more for liaison with suppliers and, presumably, someone to train the plant operatives and write the massive operations, safety etc. manuals that the HSE will require. It’s probably a tight squeeze in there but the port supply should be intact and drinking well, what?

[wolfofthewoods] 27/5/2022 10:45

Almost 6 years of nothing. It would take something to be that unlucky would it not?!

But then we remember things like getting our sums wrong by £12m or so. Almost as if they are incompetent with a legal recourse.

There is a document outlining everything. Its over 1000 pages with a times new roman font, which as we know means we mean business.

Who has the port? What!

[jtidsbadly] 27/5/2022 10:38

I see some speculation that Aleph/Forum may take this private if the gas flow looks good. They’d have to do this soon, though, wouldn’t they? They seem to me to meet the Takeover Panel’s definition of a concert party. And it seems likely that Aleph have already forward sold their placing shares. Or Forum has sold its first tranche. Or both.

[jtidsbadly] 27/5/2022 09:52

Wolf: he wasn’t heard of as far as I know after he left for S. America without paying the fine. I don’t blame him. He was sorely provoked, what? He obviously decided the law was an ass, and he didn’t want to play donkey polo.

[wolfofthewoods] 27/5/2022 09:44

Whatever did happen to Michael?! Hope it wasnt an accident with an elephant.

And liability insurance should cover the claim. I smell blood and it isnt my tampon for once.

[jtidsbadly] 26/5/2022 23:57

HITS: well yes, that’s what we’ve been saying in the conversation above.

[headinthesand] 26/5/2022 23:38

Yes JTids, but it still makes no sense.

George has repeatedly stated the loan would be paid off by the end of the year. That's 7 months away, so George is clearly promising average profits of £2 million a month in order to be able to do that.

So, £2 million a month. As a minimum and as per the terms you've cited, the lenders would get £200k of that, plus 60% of £1.4 million, assuming the ANGS bank balance is at the obligatory level. ANGS retains £400k plus 40% of £1.4 million. That would be £960k a month for ANGS...

So again, why the need to raise £6 million of cash right now? Could it possibly... just possibly, mind you... be that George's very recent public statements, assurances and projections don't bear any visible relationship with the forthcoming reality of things?

[jtidsbadly] 26/5/2022 23:27

HITS: we’ve been through this above. I see on the other site there’s a suggestion they’ll be spending it on Brockham and Lidsey. But there are restrictions in the loan terms on what Anguish can use its cash flow from Poundland for:

“Table 6-3 Licensees’ Loan Terms

Minimum distribution to licensees if profit > £600k pcm
GB£ m pcm
£0.20
[1] Minimum bank balance to exceed rolling three months of interest payment plus minimum loan repayment
[2] Proceeds over minimum bank balance distributed 60% to accelerated loan repayment and 40% to licensees”

[headinthesand] 26/5/2022 23:07

Here's a perfectly reasonable question.

Can anyone provide an answer as to why ANGS suddenly has a burning need to raise £6 million of cash via a placing with Aleph, in the light of George's very recent and repeated assurances that the entire loan (c. £14 million inc interest) would be paid back out of gas revenues by the end of the year, leaving the company debt-free? Those are his words, as publicly stated by him more than once in recent weeks.

Taking George at his word, if the company has a need for £6 million (and presumably it must do), surely the only sensible and responsible thing to do would be to keep back £6 million of the promised gas revenues and only pay off £8 million on the loan this year, leaving the balance to run on for a few extra months? I mean after all, the loan doesn't have to be paid off in full until mid 2025. That's three years away.

So why has George gone down this significantly SP- and PI-damaging route with his £6 million Aleph fundraise, when (strictly according to what he's been repeatedly saying) there is literally no need whatsoever for the company to have done so?

[3put] 26/5/2022 22:10

'let these people run amok like they have done for a number of years'

What ? What ?

[3put] 26/5/2022 21:57

The value of lithium reserves at a salt lake in Argentina, which South Korean steelmaker POSCO acquired for $280 million in 2018, is estimated to have more than doubled to 35 trillion won ($31 billion) at the current market price, in addition to its far larger-than-expected amount of reserves.

[3put] 26/5/2022 21:56

CTL is cashed up

[3put] 26/5/2022 21:55

Placing Statistics:

Placing Price per Ordinary Share
30 pence

Gross proceeds of Placing
£5.6 million

Free Float
66.09% 

Net proceeds of the Placing received by CTL
£4.8 million

Number of Ordinary Shares in issue following Admission
79,033,242

Market capitalisation at the Placing Price
£23.7 million

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Highlights:
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·      Lithium is forecast to experience among the fastest growth rates in demand of any mineral sector
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·      Vastly reducing the environmental impact of lithium production in Chile by utilising direct lithium extraction technology ('DLE')
·      Projects are well located to utilise Chile's abundant renewable energy for process power
·      Proven Management team in the Chilean mining and renewables energy sector, with strong financial markets experience