Angus Energy Share Discussion Threads

[tidy 2] 10/6/2022 16:24

Per year with sidetrack in play. Probably a bit more. And 10-15 years of it. Current cap below 20m

[3put] 10/6/2022 16:17

DoneK

Posts: 1,063

Price: 1.20

Strong Buy

RE: 20th June.....Today 16:17
BV
HITS and mirs sound demoralised
WG has gone awol
ruth hasnt put up anything on the independent DOD website

the deramp crew are in a state of anguish...what what!

ps we get 6million into the company for further acquisition(s) on monday

[3put] 10/6/2022 16:08

HeadInTheSand Posts: 4,750 Price: 1.275 No Opinion RE: HITS MirasolToday 14:01 Whyever would I be upset HITS: I agree, why would you be upset? Unfortunately HITS has probably made a good amount from his spreadbet/short. It eats HITS & JT up that they have called it wrong over the last 6 months though. I think both have been forced to reduce given the prices of gas so a bit of luck has been on our side. We should all be happy , as far as I can see Wolf and probably scenario are the only people posting who have had to swallow big losses. Clearly JT / HITS only focus on one or two shares and are well researched therefore the constant posting 24/7 is now more about pride than financial gain. Am I warm? PS - HITS never held imo, he made the mistake of saying he would sell at 1p when the price was 0.6 and then got stuck in his own Web

[3put] 10/6/2022 16:08

100 million over 3 years , I'm in

[tidy 2] 10/6/2022 15:53

HITS stuck in turmoil BB Prison Spends his whole life on the Angs bbs and does not hold a single share. OMG

[jtidsbadly] 10/6/2022 15:47

HITS: I agree with you. A waste of time. I’ve tried as well but have concluded that he’s either a deliberate time-waster or not very bright.

I wouldn't invest in this because I have no confidence at all in the management. The price could go anywhere in the next few months - who knows how far these mugs will push it when they see assurances of a multi-bagger? The fact remains, this Interim MD is likely to spring yet more unpleasant surprises in the next month or so and this time, it will matter. My motivation in contributing here is irrelevant. The arguments that you and I, 1347, JA51 etc. put forward are what matters and yes, they are well researched, as far as the information available allows. When the cat is finally out of the bag (and no one can know when this will happen) there will be no market in the shares. It will be Jonny and the boiler room crew who will disappear then. Meanwhile, unless it amuses one, it’s a bit of a waste of time debating with them.

[headinthesand] 10/6/2022 15:25

3Put, your biggest error (amongst several) is your assumption that I've been trading this stock.

Now I've been polite and answered your various blatantly obviously loaded questions over the last few days, because as should be clear, I see no point in shying away from facts. It now looks like I should not have bothered.

[boom boom bang bang] 10/6/2022 15:20

SIMEC Atlantis Energy Limited SAE confirms amendment to Debenture Deed
10/06/2022 3:12pm
UK Regulatory (RNS & others)

Simec Atlantis Energy (LSE:SAE)
Intraday Stock Chart

Friday 10 June 2022

Click Here for more Simec Atlantis Energy Charts.
TIDMSAE

RNS Number : 5248O

SIMEC Atlantis Energy Limited

10 June 2022

RNS

10 June 2022

SIMEC ATLANTIS ENERGY LIMITED

("SAE", the "Company" and, together with its subsidiaries, the "Group")

SAE confirms amendment to Debenture Deed

Following the update on the 25 May 2022, SAE is pleased to confirm that Atlantis Ocean Energy debenture holders have approved the amendment to the debenture deed which will:

-- Extend the Maturity Date from 30 June 2022 to 30 June 2023
-- Allow the interest due on 30 June 2022 to be paid late but no later than 30 September 2022
-- Apply additional interest due to the amount that is being paid late at a rate equivalent to Barclays PLC published base rate +3% per year.

In the same update, the Company noted that it would also be requesting a deferral of interest due on 30 June 2022 in relation to Atlantis Future Energy debentures which mature on 23 March 2023 (GBP4.97m) and 30 September 2024 (GBP3.79m)

[3put] 10/6/2022 15:06

Ignorant doesn't even begin to cover it HITS" I imagine a self-alleged "experienced trader" would at least apologise for trying to convince us he/she was happy to sell at 1p when the share pice was north of that.

[headinthesand] 10/6/2022 14:57

3Put you are exactly as correct as your comment of 5 mins ago when you stated that ANGS's MCAP was currently £16 million.

Ignorant doesn't even begin to cover it - I imagine a self-alleged "experienced trader" would at least be aware of dramatic changes to a trading target's MCAP... but apparently not.

[gasman10] 10/6/2022 14:56

Yup burning spread bet time

[3put] 10/6/2022 14:54

What both JT and HITS have not thought about is the impact of the consistent deramping. The more experienced trader can recognise a bit of desperation & take advantage. Yes gents , I'm talking about yours truly

[3put] 10/6/2022 14:51

HeadInTheSand

Posts: 4,750

Price: 1.275

No Opinion

RE: HITS MirasolToday 14:01
Whyever would I be upset


HITS: I agree, why would you be upset? Unfortunately HITS has probably made a good amount from his spreadbet/short. It eats HITS & JT up that they have called it wrong over the last 6 months though. I think both have been forced to reduce given the prices of gas so a bit of luck has been on our side. We should all be happy , as far as I can see Wolf and probably scenario are the only people posting who have had to swallow big losses. Clearly JT / HITS only focus on one or two shares and are well researched therefore the constant posting 24/7 is now more about pride than financial gain. Am I warm?

PS - HITS never held imo, he made the mistake of saying he would sell at 1p when the price was 0.6 and then got stuck in his own Web

[3put] 10/6/2022 14:50

We are also days away from first gas, that is a dramatic change

[headinthesand] 10/6/2022 14:48

I haven't changed my position on that either, 3Put.

What has dramatically changed is that ANGS will have nigh on 3 billion shares in issue, following the imminent (E)GM. Even not counting the hundreds of millions of warrants, that's 180% more than it used to at the beginning of this year.

And FFS it is NOT at £16m MCAP. There are 2,284 million shares in issue right now (and about to increase to 2,560 million). Multiply that 2,284 million by say 1.2p and you get an MCAP today of £27.4 million.

How can you people be so poorly researched and ignorant???

[3put] 10/6/2022 14:46

16m mcap v 100m of revenue (its more with the recent spike in gas prices)

Plenty of room for a few bags

[gasman10] 10/6/2022 14:45

£16 million MCAP should say

[gasman10] 10/6/2022 14:44

Yup only 16k MCAP

[3put] 10/6/2022 14:39

What would the mcap be if we delivered that HITS?

[headinthesand] 10/6/2022 14:38

To be clear, what I ACTUALLY said was:-

£100 million "post-hedge settlement" gross revenue over the next three years using latest future gas pricing PROVIDED THAT the sidetrack is a) successful AND b) doubles production to 3 million therms per month AND c) kicks in by Oct 1st 2022.

[3put] 10/6/2022 14:38

HITS: Prediction time , what would 100 million over 3 years do to our mcap ?

[3put] 10/6/2022 14:37

To be clear, what I said was:- £100 million "post-hedge settlement" gross revenue over the next three years

[headinthesand] 10/6/2022 14:37

3Put, I'm (surprisingly) going with the ever wildly overoptimistic George's much-punted figure of 1.5 million therms per month from the existing wells.

It's faintly possible it could do more - however, the average the field was producing during its last year of unhindered operation was actually around 1,200 therms per month (and falling month on month). NB that average is taken over the 12 months immediately prior to there being any bottlenecks caused by Theddlethorpe.

So I presume George is hoping for a sustained pressure build-up on the two existing wells to bring production up to that 1.5 million monthly therms point.