Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
08/07/2023 00:00 08/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.0900 ***BELOW AVERAGE***
08/07/2023 00:00 08/07/2023 System Entry Energy, Saltfleetby, D+1 2,904,444.0000
08/07/2023 00:00 08/07/2023 System Entry Volume, Saltfleetby, D+1 0.2537 *** 8.9593 MMSCF/D***
Daily Output (Therms) = 99,104
Month To Date (Therms) = 657,861
Average Per Day (Therms) From 06.07.2023= 101,555
F/C Monthly Hedge 1 = 16/07/2023 16:50
F/C Monthly Therms = 2,993,636
Average Monthly Price Per Therm = £0.8550
F/C Hedge 1 = £569,372
F/C Market Revenue = £1,263,086
F/C Net Monthly Saltfleetby Gas Rev = £1,832,458
F/C Net Rev Less Disbursements = £1,804,971
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://mip-prd-web.azurewebsites.net/DataItemExplorer
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms Revenue
Jul-23 2,993,636 £1,832,458 Forecast
Aug-23 3,148,219 £1,891,223 Forecast
Sep-23 3,046,663 £1,933,816 Forecast
Q3 2023 9,188,518 £5,657,497 Forecast
H2 2023 Therms Revenue
Jul-23 2,993,636 £1,832,458 Forecast
Aug-23 3,148,219 £1,891,223 Forecast
Sep-23 3,046,663 £1,933,816 Forecast
Oct-23 3,148,219 £2,285,428 Forecast
Nov-23 3,046,663 £2,676,167 Forecast
Dec-23 3,148,219 £3,063,958 Forecast
H2 23 18,531,619 £13,683,051 Forecast
12 Month Share Price Forecast: 9.18mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 101,555
Debt Outstanding KPI* = £3,990,863
12 Mth Rev-Debt = £25,496,964
F/Cast Share Price (p) = 3.66
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Jan-24 1.48
Feb-24 1.90
Mar-24 2.31
Apr-24 2.73
May-24 3.03
Jun-24 3.32
Jul-24 3.66
Aug-24 4.00
Regards,
Congratulations England U21 Footballers: Great Result and Well Deserved:
Some good talent for the future however the England Goalkeeper is suspect under the high ball however very technically proficient in the other disciplines in the art of Goalkeeping,
Regards,
07/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3600 ***ABOVE AVERAGE***
07/07/2023 System Entry Energy, Saltfleetby, D+1 2,977,778.0000
07/07/2023 System Entry Volume, Saltfleetby, D+1 0.2600 *** 9.1818 MMSCF/D***
Daily Output (Therms) = 101,606
Month To Date (Therms) = 558,757
Average Per Day (Therms) From 06.07.2023= 102,781
F/C Monthly Hedge 1 = 16/07/2023 12:52
F/C Monthly Therms = 3,025,508
Average Monthly Price Per Therm = £0.8550
F/C Hedge 1 = £569,372
F/C Market Revenue = £1,290,336
F/C Net Monthly Saltfleetby Gas Rev = £1,859,708
F/C Net Rev Less Disbursements = £1,831,812
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://mip-prd-web.azurewebsites.net/DataItemExplorer
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms Revenue
Jul-23 3,025,508 £1,859,708 Forecast
Aug-23 3,186,220 £1,922,004 Forecast
Sep-23 3,083,439 £1,966,017 Forecast
Q3 2023 9,295,167 £5,747,729 Forecast
H2 2023 Therms Revenue
Jul-23 3,025,508 £1,859,708 Forecast
Aug-23 3,186,220 £1,922,004 Forecast
Sep-23 3,083,439 £1,966,017 Forecast
Oct-23 3,186,220 £2,322,309 Forecast
Nov-23 3,083,439 £2,722,729 Forecast
Dec-23 3,186,220 £3,119,060 Forecast
H2 2023 18,751,047 £13,911,827 Forecast
12 Month Share Price Forecast: 9.29mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 102,781
Debt Outstanding KPI* = £3,716,021
12 Mth Rev-Debt = £26,345,406
F/Cast Share Price (p) = 3.78
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Jan-24 1.54
Feb-24 1.97
Mar-24 2.39
Apr-24 2.82
May-24 3.13
Jun-24 3.43
Jul-24 3.78
Aug-24 4.13
Regards,
EUROPEAN UNDER-21 FOOTBALL CHAMPIONSHIP FINAL at 17:00
England U21 v Spain U21
Show some pride and give some loyal support to those who have been proudly flying the flag for the country this summer,
Regards,
Odins:
I absolutely agree and we should use this platform and forum to keep the enthusiasm of George Lucas is perspective,
Whilst George Lucas attended Eton & Oxbridge in reality he is just an Arts Graduate and for a Literature Graduate to understand the concepts of the Science disciplines is beyond the comprehension of many,
Sir Boris Big Dog Johnson also ex Eton & Oxbridge was a classics graduate and also failed to grasp the concepts of econometrics,
Fanciful orators are on many occasions exposed and vulnerable when their skills are technically examined,
Hence it is imperative that Richard Herbert keeps tight reigns on George Lucas it may be appropriate for George Lucas to consider his tenure with Angus Energy and step out from the Angus Energy subset and follow his Geothermal Energy vision amongst an environment of peers who share his flawed ideology it is imperative that he is not allowed to burn the Angus Energy Gas revenue stream from Saltfleetby on a fanciful yet economically undeliverable concept,
Oil & Gas are proven sustainable energy streams however some of the fads as Heat pumps, EV's and Geothermal are being found out as suspect and vulnerable,
The EV dream may also be faltering because there is an Inventory build up in the United States with the length of time a vehicle sits on the forecourt to being purchased expanding significantly!!!!!!!
Regards,
SillyButtons:
Until Other wise absolutely determined I remain somewhat unconvinced regarding Geothermal BECAUSE the temperature of the energy source generated by Geothermal,
The heat coming from the Earths Crust depending on the drill depth needs quantifying shall that be sufficient to power Turbines and regarding transportation via existing pipe work what is the loss of energy in Joules between extraction point and delivery point,
Convince the likes of myself and Sir James Ratcliffe before I ease up on my circumspect nature of Geothermal Energy!!!!,
How have Iceland and the Pacific Islands & New Zealand harnessed Geothermal Energy????
Lets keep the potential of Geothermal in context and apply an econometrically defined Cost Benefit Appraisal!!!
Regards,
06/07/2023 00:00 06/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.1800 ***BELOW AVERAGE***
06/07/2023 00:00 06/07/2023 System Entry Energy, Saltfleetby, D+1 3,046,667.0000
06/07/2023 00:00 06/07/2023 System Entry Volume, Saltfleetby, D+1 0.2660 *** 9.3937 MMSCF/D***
Daily Output (Therms) = 103,957
Month To Date (Therms) = 457,151
Average Per Day (Therms) From 06.07.2023= 103,957
F/C Monthly Hedge 1 = 16/07/2023 09:08
F/C Monthly Therms = 3,056,066
Average Monthly Price Per Therm = £0.8678
F/C Hedge 1 = £569,372
F/C Market Revenue = £1,336,249
F/C Net Monthly Saltfleetby Gas Rev = £1,905,621
F/C Net Rev Less Disbursements = £1,877,037
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://mip-prd-web.azurewebsites.net/DataItemExplorer
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms Revenue
Jul-23 3,056,066 £1,905,621.40 Forecast
Aug-23 3,222,654 £2,063,281.74 Forecast
Sep-23 3,118,698 £2,077,308.02 Forecast
Q3 2023 9,397,418 £6,046,211.16 Forecast
H2 2023 Therms Revenue
Jul-23 3,056,066 £1,905,621.40 Forecast
Aug-23 3,222,654 £2,063,281.74 Forecast
Sep-23 3,118,698 £2,077,308.02 Forecast
Oct-23 3,222,654 £2,410,987.27 Forecast
Nov-23 3,118,698 £2,808,452.36 Forecast
Dec-23 3,222,654 £3,171,889.84 Forecast
H2 2023 18,961,425 £14,437,540.64 Forecast
12 Month Share Price Forecast: 9.39mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 103,956.59
Debt Outstanding = £3,469,760.77
12 Mth Rev-Debt = £27,087,101.04
F/Cast Share Price (p) = 3.89
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Jan-24 1.66
Feb-24 2.09
Mar-24 2.50
Apr-24 2.92
May-24 3.22
Jun-24 3.54
Jul-24 3.89
Aug-24 4.23
Regards,
Regarding Geothermal a warning because full evaluation is required,
Heat pumps being brought into question regarding their ability to deliver energy efficiency to uninsulated aging housing stock,
Electric Vehicles being brought into question from the perspective of high gross kerb weights and effects on Road Surfaces plus their insurance, repair and actual energy charging costs,
Geothermal shall have a limited impact overall and only be sustainably deliverable in a limited number of circumstances,
Sir Jim Ratcliffe from Ineos is an exponent and very well qualified person in the industry and has a great deal of respect,
The Geothermal dream might be the unevaluated un-costed real looser for Angus Energy where is the investment in Geothermal from the Industry leaders such as BP & Shell,
Geothermal and beer seem to be as equally financially irresponsible concepts spending money only to urinate / p*** it away and only really affordable by a small minority which ultimately delivers misery to the majority the very reasons alcohol carry health warnings and Geothermal should carry a Financial Responsibility warning to Angus Energy,
Prepare the Business to be sold off to a responsible buyer rather than fliting away the revenue stream Saltfleetby is Providing,
George Lucan could and would be better considering resigning from Angus Energy and forming his own irresponsible Geothermal Enterprise!!!!!!!!!!!
Regards,
04/07/2023 00:00 04/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2000 ***BELOW AVERAGE***
04/07/2023 00:00 04/07/2023 System Entry Energy, Saltfleetby, D+1 1,854,444.0000
04/07/2023 00:00 04/07/2023 System Entry Volume, Saltfleetby, D+1 0.1618 *** 5.7139 MMSCF/D***
IT LOOKS AS THE 2nd COMPRESSOR IS BEING GRADUALLY REINTRODUCED AND WE SHOULD BE MOVING TOWARDS 100,000 THERMS PER DAY BY FRIDAY***
Daily Output (Therms) = 63,276
Month To Date (Therms) = 262,318
Average Per Day (Therms) From 25.05.23= 85,248
F/C Monthly Hedge 1 = 25/07/2023 16:33
F/C Monthly Therms = 2,927,897
Average Monthly Price Per Therm = £0.8906
F/C Hedge 1 = £569,372
F/C Market Revenue = £1,257,193
F/C Net Monthly Saltfleetby Gas Rev = £1,826,565
F/C Net Rev Less Disbursements = £1,799,167
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://mip-prd-web.azurewebsites.net/DataItemExplorer
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 57,693 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms Revenue
Jul-23 2,927,897 £1,826,565.20 Forecast
Aug-23 3,100,000 £1,955,897.83 Forecast
Sep-23 3,000,000 £1,967,595.65 Forecast
Q3 2023 9,027,897 £5,750,058.68 Forecast
H2 2023 Therms Revenue
Jul-23 2,927,897 £1,826,565.20 Forecast
Aug-23 3,100,000 £1,955,897.83 Forecast
Sep-23 3,000,000 £1,967,595.65 Forecast
Oct-23 3,100,000 £2,288,099.84 Forecast
Nov-23 3,000,000 £2,655,201.64 Forecast
Dec-23 3,100,000 £2,994,040.98 Forecast
H2 2023 18,227,897 £13,687,401.13 Forecast
12 Month Share Price Forecast: 9.25mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 100,000.00
Debt Outstanding = £4,349,982.05
12 Mth Rev-Debt = £24,360,439.13
F/Cast Share Price (p) = 3.50
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Jan-24 1.47
Feb-24 1.87
Mar-24 2.24
Apr-24 2.62
May-24 2.89
Jun-24 3.17
Jul-24 3.50
Aug-24 3.82
Regards,
As I say when I post the daily output figures:
"Based Upon Current Market Data and Responsible Debt Repayment Plan",
As my Politics Master mentioned at school on numerous occasions, "I do not carry dead wood", why are the board at Angus Energy carrying so much dead wood in the boardroom, it is time to evaluate the cost base and reduce debt obligations!!!
There was a huge article in the Telegraph this morning regarding the kerbside weight of Electric Vehicles and the rutting of the road surface they are causing, there have been numerous articles regarding the suitability of the existing United Kingdoms housing stock and its ability to adapt and optimalise the potential of Geothermal,
Fanciful thinking should take a back seat and the business should concentrate on fundamentals and yes GB£0.03 per share is a realisable price for sale once debt has been paid down, though expect initial offers in the region of GB£0.025 pence per share, so that should be the first priority and good to see an increase in the prices of both Sweet Brent and a consolidation in Gas Prices both UK and Internationally,
Get the second compressor in operation and allow monthly revenue to grow from the Forecast GB£2million a month currently from Saltfleetby to GB£3million a month in Autumn 2023,
Regards,
03/07/2023 00:00 03/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2500 ***ABOVE AVERAGE***
03/07/2023 00:00 03/07/2023 System Entry Energy, Saltfleetby, D+1 1,976,667.0000
03/07/2023 00:00 03/07/2023 System Entry Volume, Saltfleetby, D+1 0.1727 *** 6.0988MMSCF/D***
Daily Output (Therms) = 67,447
Month To Date (Therms) = 2,440,970
Average Per Day (Therms) From 25.05.23= 85,248
F/C Monthly Hedge 1 = 25/07/2023 16:33
F/C Monthly Therms = 2,931,736
Average Monthly Price Per Therm = £0.8944
F/C Hedge 1 = £569,372
F/C Market Revenue = £1,101,069
F/C Net Monthly Saltfleetby Gas Rev = £1,670,441
F/C Net Rev Less Disbursements = £1,645,384
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://mip-prd-web.azurewebsites.net/DataItemExplorer
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 57,693 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms Revenue
Jul-23 2,931,736 £1,835,334.33 Forecast
Aug-23 3,100,000 £2,042,209.24 Forecast
Sep-23 3,000,000 £2,045,298.91 Forecast
Q3 2023 9,031,736 £5,922,842.48 Forecast
H2 2023 Therms Revenue
Jul-23 2,931,736 £1,835,334.33 Forecast
Aug-23 3,100,000 £2,042,209.24 Forecast
Sep-23 3,000,000 £2,045,298.91 Forecast
Oct-23 3,100,000 £2,348,122.95 Forecast
Nov-23 3,000,000 £2,668,770.49 Forecast
Dec-23 3,100,000 £2,994,040.98 Forecast
H2 2023 18,231,736 £13,933,776.91 Forecast
12 Month Share Price Forecast: 9.25mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 100,000.00
Debt Outstanding = £4,103,372.72
12 Mth Rev-Debt = £25,186,606.77
F/Cast Share Price (p) = 3.61
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Jan-24 1.52
Feb-24 1.92
Mar-24 2.29
Apr-24 2.69
May-24 2.97
Jun-24 3.27
Jul-24 3.61
Aug-24 3.93
Regards,
WG818:
Regarding the offer that 3.2 pence per share had been made I believed you misinterpreted the narrative,
Regarding fluctuations in Gas price the trendline are apparent that the Price is on the Upswing,
Look at the appreciation in the price per Them during June and there shall be a similar upswing during this and coming months,
many leading authorities and heads of the Oil & Gas majors have predicted confidently regarding Market Price upswings and we are seeing classic upswing volatility at present,
Chart the price during July & August 2023 I am sure you shall then accept that prices are on the upward trend,
Regards,
WG818:
As you admit to having rational and disassociating yourself from the Barmy Army of Brexiteers I am a tad disappointed that you have not allowed for the effect Currency devaluation since the 2016 debacle and resultant inflationary impact this has has to imported commodity prices,
I also would like you to spend some time reflecting upon the consensus of Oil & Gas industry experts who are significantly more bullish regarding the medium term price points of Sweet Brent, WTI & Natural Gas,
I resent your narrative regarding Market Abuse because that was totally unfounded and the only criticism I shall accept from a fellow Re-joiner/Remainer is that perhaps a PE Ratio of 5.00 is a little high for Angus Energy and a PE Ration of 3.50 or 4.00 would be more appropriate,
However Until we determine the Share Price in October I shall not be able to accurately gauge my Share Price Tracker Model,
So please remember those of us who are true to the cause and have a genuine vested interest in ensuring the United Kingdom rejoins the European Unions Single Market without any undue or un-necessary delays should not bicker amongst ourselves however constructive evaluation of hypothesis would be appreciated in determining accuracy of information we post on this investment platform,
I still believe the Board of Directors would earn their bonusses if they arranged and manoeuvred Angus Energy into the hands of a Buyer at GB£0.03 per Share however as previously mentioned I would not complain if Angus Energy was sold at GB£0.02 per share and would definitely consider GB£0.025 a bonus,
Regards & thanks for clarifying your stance on the Brexit Issue,
02/07/2023 00:00 02/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3000 ***ABOVE AVERAGE***
02/07/2023 00:00 02/07/2023 System Entry Energy, Saltfleetby, D+1 1,982,222.0000
02/07/2023 00:00 02/07/2023 System Entry Volume, Saltfleetby, D+1 0.1731 *** 6.1130 MMSCF/D***
Daily Output (Therms) = 67,636
Month To Date (Therms) = 2,440,970
Average Per Day (Therms) From 25.05.23= 85,248
F/C Monthly Hedge 1 = 25/07/2023 16:33
F/C Monthly Therms = 2,928,987
Average Monthly Price Per Therm = £0.9158
F/C Hedge 1 = £569,372
F/C Market Revenue = £1,098,930
F/C Net Monthly Saltfleetby Gas Rev = £1,668,303
F/C Net Rev Less Disbursements = £1,643,278
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://mip-prd-web.azurewebsites.net/DataItemExplorer
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 57,693 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms Revenue
Jul-23 2,928,987 £1,863,060.21 Forecast
Aug-23 3,100,000 £2,042,209.24 Forecast
Sep-23 3,000,000 £2,045,298.91 Forecast
Q3 2023 9,028,987 £5,950,568.36 Forecast
Month Therms Revenue
Jul-23 2,928,987 £1,863,060.21 Forecast
Aug-23 3,100,000 £2,042,209.24 Forecast
Sep-23 3,000,000 £2,045,298.91 Forecast
Oct-23 3,100,000 £2,348,122.95 Forecast
Nov-23 3,000,000 £2,668,770.49 Forecast
Dec-23 3,100,000 £2,994,040.98 Forecast
H2 2023 18,228,987 £13,961,502.79 Forecast
12 Month Share Price Forecast: 9.25mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 100,000.00
Debt Outstanding = £4,088,458.59
12 Mth Rev-Debt = £25,203,822.14
F/Cast Share Price (p) = 3.62
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Jan-24 1.53
Feb-24 1.93
Mar-24 2.30
Apr-24 2.69
May-24 2.98
Jun-24 3.28
Jul-24 3.62
Aug-24 3.93
Regards,
WG818:
The Long Term Equilibrium price of Gas is significantly higher that you are mentioning,
If the business is very prudent I believe the g Loan should be repaid by December and the forthcoming 12 months should make a significant contribution to overall debt repayment,
Most of your postings are of an exceptionally distorted perspective and I rather not communicate with you so please do not give me reason to use unduly negative of derogatory terminology,
I accept Brexiteers are incurable due to their narcissistic Brexit Denial Personality disorders,
Also please remember bitterness and resentment is a very negative personality trait nobody makes anyone invest in a business or to hold equity so all make what we believe are rational and prudent investment decisions,
I trust I make myself absolutely clear,
Regards,
The coming 6 months are going to be tight until the business advises how loan and debt repayments are progressing,
The price of WTI & Sweet Brent are picking up just a Natural Gas prices are beginning to return to a phase of normality,
For those who have long Term Confidence these are good times to buy in at,
Remember there are a great deal of warrant holders who are expecting at least GB£0.0165 and sooner rather than later and I am sure there is sufficient pressure on the board not for any stupidity regarding profligate expenditure,
Regards,
The other nice thing to notice is that there is the start of a recover in the price of Brent Crude and WTI which also bodes well of our Egyptian Oil revenue,
As Oil Price recovers it shall also add weight to a successful partnership regarding the Jamaica Oil licence joint venture,
Regards,