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EXCLUSIVE: Ascent Resources Operational Update & Review latest


Gunsynd Share Chat (GUN)



Share Price: 0.04Bid: 0.035Ask: 0.045Change: 0.00 (0.00%)No Movement on Gunsynd
Spread: 0.01Spread as %: 28.57%Open: 0.04High: 0.04Low: 0.04Yesterday’s Close: 0.04


Share Discussion for Gunsynd


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CobaltNord
Posts: 8
Off Topic
Opinion:No Opinion
Price:0.04
RE: Fastbase
Sat 20:38
If you think that then Penny it is clear that you have not done any basic research, not even red the web site.
 
CobaltNord
Posts: 8
Off Topic
Opinion:No Opinion
Price:0.04
RE: Fastbase
Sat 20:25
No, there is another worker called Henrik Carstensen. He is the CMO what that means who knows. He seems to be the main person behind the set.
pennydealer
Posts: 985
Off Topic
Opinion:No Opinion
Price:0.04
RE: Fastbase
Sat 19:22
Thats 2:employees then.....including Rasmus.
CobaltNord
Posts: 8
Off Topic
Opinion:No Opinion
Price:0.04
RE: Fastbase
Fri 21:34
they seem to have another worker

Klaus Aamann

Investor Relations Manager at Fastbase Inc.
optimist13
Posts: 7,834
Off Topic
Opinion:No Opinion
Price:0.04
RE: Fastbase
Fri 16:49
If Rasmus sticks to his timelines, there will be an investor letter this weekend....

Will be back on Tuesday and trust there will have been positive news from Fastbase to go alongside the very positive news from HHDL this week.

Have a good weekend folks...
optimist13
Posts: 7,834
Off Topic
Opinion:No Opinion
Price:0.04
HHDL
Fri 12:14
I have been going through the Gunsynd accounts for confirmation of the current value of our investment in HHDL and whilst it is still valued at the original figure, being £425k, I also see we have given a loan to HHDL for £82k. However, I cannot find any reference to it in any of the RNS's.

So, out total investment at cost is £507k, plus the accrual of interest on the loan.

"Terms and conditions of transactions with related parties
Outstanding balances that relate to trading balances are unsecured, interest free and settlement occurs in cash. There have
been no guarantees provided or received for any related party receivables or payables. The Company only has the outstanding
amounts due from HHDL as at 31 July 2017. The loan outstanding is included within trade and other receivables, Note 12.
The loan to HHDL has been made in accordance with the terms of the investment agreement whereby it accrues interest daily
at the Bank of England base rate and is repayable out of future cashflows."

My reason for reviewing the accounts was to try and ascertain whether Gunsynd will be required to fund any of the development costs at Horse Hill, but it appears not.

I can only see very positive upside on our investment in HHDL and if the 'Gatwick Gusher' flows as strongly as some have suggested, then our investment is going to grow very nicely.
calisto
Posts: 3,392
Off Topic
Opinion:No Opinion
Price:0.04
This is good news
Thu 17:34
As an ewt will give us the reservoir data we need to calculate reserves and important flow data to help work out how many wells we need and recovery rates. It’s been a long wait but we are getting somewhere now
Bignuggets
Posts: 2,409
Off Topic
Opinion:No Opinion
Price:0.04
RE: On the Risers board
Thu 16:46
Yes, just giving the UKOG figures as an example. Looks fair to say that we should get 200k per year per well. How many wells they can drill per year I have no idea.
optimist13
Posts: 7,834
Off Topic
Opinion:No Opinion
Price:0.04
RE: On the Risers board
Thu 16:37
Thanks BN. That seems rather high to me, but what do I know. Even if it is only £200k per year, that would be a great return on a £425k investment.




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