Angus Energy Share Discussion Threads

[tidy 2] 16/6/2022 11:16

hTTps://euroweeklynews.com/2022/06/16/russia-urengoy-gas-field-fire-yamalo/

[3put] 16/6/2022 11:16

What price per therm did you use HITS?

[tidy 2] 16/6/2022 11:12

Correction 15%

[tidy 2] 16/6/2022 11:12

https://www.bbc.co.uk/news/topics/cxwdwz5d8gxt/natural-gas

[tidy 2] 16/6/2022 11:08

U.K. gas 13% up 295.00 therm

[headinthesand] 16/6/2022 10:37

Okay, using very latest live figures, £122.4 million of gross revenue to ANGS post-hedge settlement over the next three years...

...PROVIDED THAT the sidetrack kicks in by Oct 1st 2022 AND THAT it doubles monthly production from 1.5 million to 3 million therms.

Seriously, 3Put? That 2% difference in gross revenue was worth mentioning?

Alternatively, 3 years of nett loss for ANGS on Saltfleetby if the sidetrack is not successful.

Mercuria's guaranteed pay-out over the next three years is up to £88 million on the hedge alone...

[3put] 16/6/2022 10:31

HITS: Check your maths again

[3put] 16/6/2022 10:31

No 3Put... it's not that much. But it is currently £120 million of gross revenue for ANGS over the next three years

[tidy 2] 16/6/2022 10:28

Lol. True.

[dillydally2] 16/6/2022 10:20

You wish mr pumper tidy

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

And Angs fully funded to double production Boom !

[tidy 2] 16/6/2022 10:15

Your fella probably farts more gas every night than what OEX puts out. ANGS will be raking it in.

[headinthesand] 16/6/2022 10:05

Weebun, you'll find my stance on ANGS has never changed. It's a red/black sidetrack-dependant coinflip, which is what I have always said - though the management's continual wrong predictions, misleading assurances and broken promises certainly haven't helped.

Anyhow, to put it another way which some may recall... "How much gas and by when?"

[sincero1] 16/6/2022 10:02

weebun - hits started being really negative after he sold at 1p at a loss.... funny that eh ?

share price keeps creeping up...so the resident old grey stale urine smelling nobodies have " saved " " mug punters" from more profit ....

what complete duplicitous bellends....

[weebun] 16/6/2022 09:54

So last week it was the belly up man now it’s 120 million we will have to wait for next weeks instalment,But be sure it won’t be positive from hits

[headinthesand] 16/6/2022 09:48

No 3Put... it's not that much. But it is currently £120 million of gross revenue for ANGS over the next three years, PRESUMING a successful sidetrack kicking in by Oct 1st this year AND doubling monthly production up to 3 million therms - and using very latest monthly gas futures pricing for the next 36 months.

As to your "what if"? If the sidetrack delivers exactly as above and if all gas is priced at £3.00 per therm, I'd guesstimate around 7 - 8p. But right now, the average futures gas price over the next three years is £2.01p per therm, rather than £3.00.

As ever the outfit literally guaranteed to do better out of rising gas futures pricing... is Mercuria. As of right now, they are cast-iron and contractually guaranteed £85 million over the next three years just on the hedge alone, utterly regardless of what volumes ANGS manages to produce..

[tidy 2] 16/6/2022 09:46

282.86 therm today up a further 10% from 27% yesterday and 8% day earlier. No stopping the demand for the foreseeable

[3put] 16/6/2022 09:20

Natural gas is flying

[3put] 16/6/2022 08:17

It's literally all about the sidetrack. If ANGS delivers on this and it doubles production up to 3 million therms a month from Oct 1st, then I could see an share price in the region of 4p.

HITS: That would be a very very conservative pe. If Angs do 3million therms at anything close to £3 / therm it's going to be closer to 10p

[3put] 16/6/2022 08:13

HITS: We need new the numbers again. That 100 million over 3 years is looking more like 200 million

[3put] 16/6/2022 08:13

2.8 per therm now

[3put] 16/6/2022 08:09

It's now 2.5 per therm