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Talk about Dodgy.Ponguser uses the excuse that his wife has some shares in AST, to visit the BB. He has it down as a sell why doesn't she sell, doesn't she trust him. Smart woman. Soon to be ex Mrs Pong, as i understand. You know what they say , small mind small ...
If you are actually James consider investing your ill gotten gains in ear pin back surgery & consider changing your hair style from the greasy looking dodgy dealer type you are. Everywhere the man goes there is nothing to show for it!!!
Hmmm. Buys appearing out of nowhere... Could AST's dodgy BOD be up to something??? Definitely not an incoming update on their metals strategy?!
And out of thin air it appears again. Could it actually be James Parsons in disguise?? The cheerleader appears from nowhere???
I'm not even going to respond....it keeps referring to my wife having shares....again I'm not married & it has confused me with someone else.
I'm waiting for some actual progress & increased sales revenue - that will drive the share price. The current BOD...see how well they're doing in their other part time roles.
Exhibit A....Just look at Echo Energy...
I couldn't care less in DogFathers opinion...he appears out of thin air in the last 2 weeks & rates himself as a tipster to how AST will turn around!
Hmm, Pong , what a loser. Bitter and not interested in getting a 10 bagger, due to previous mistakes.
24-Oct-23 15:07:47 3.15 250,000 Unknown* 3.10 3.30 7,875 A buy, or else why would it rise 13%.
Possibly a buyer is the Slovenian Government (:
The case is enough. Even 10% settlement value will make AST a 10 Bagger. Its a very good risk reward play.
Apart from the case, what else do AST have?
The chart shows it is going the right way and that is up and up
Think when Align Research have been tipping this share to reach 18p for months it probably shows that they're as deluded as the AST BOD!! They are really a marketing outfit after all!
Any association with James Parsons is detrimental to this share 's performance.
So nothing has changed .. a part from a guy from SA throwing away £1.5 m .. WTF have the board been doing for the last 3 years …you got it nothing .. a guess what ? They will be in the same position next year and the year after.. this in my view is a life style come …period ……imho
This BOD has certainly figured out how to manipulate the share price to keep their palms greased.
Nothing Parson's has done has worked out well for the shareholder other than the odd very short term spike and i don't see that changing. Especially with a basket case like AST. He couldn't make a success at Sound when he had plenty of cash . So really don't see him doing it here. And as for the CEO he's never done anything anywhere .... As far as i can see ..IMHO
So, someone thinks a large chunk is worth a 3.5p sp? We might find who later. I suppose it's only what it was 10 weeks ago. Maybe should have topped up 2.5p, hmm.
"The board/s of directors at AST decided not to perform and submit an EIA as requested"
That may well be the case Alwaysup, but it is not what they stated 3 years ago.
RNS 24th Sept 2020
" Following the Administrative Court of the Republic of Slovenia's recent confirmation of its decision to require an Environmental Impact Assessment ("EIA") in order to re-stimulate the PG-10 and PG-11A wells, a new technical team has been contracted to prepare a detailed stimulation plan and updated Field Development Plan. These plans will form the basis of an EIA application in due course. "
I don't recall any further updates to their EIA application, so looks like this was just more BS from the directors. This certainly will not help their case.
No two situation are the same and to say that because one has won a settlement means the other will follow. So Dog your analysis is utter nonsense ..........yet again..
My “opinion” on my last was “strong buy” which was a mistake! 😳
I remember it well Alwaysup!
The shame of it was they had submitted an EIA some years earlier, it only needed a revision but for some inexplicable reason AST refused to submit one and that was sheer arrogance on AST’s part.
It was sometime after this that the Slovenian Government changed the rules on fracking or stimulation, as some would call it and we missed the opportunity.
I wonder if some of these aspects are lost in the mist of time and all will out if it gets to court because then AST will be well and truly fracked!,
It doesn't matter how many other lawsuits, in other countries, are settled in favor of the plaintiff. The facts are different in each case.
The facts in the case of AST vs Slovenia are based on AST claiming Slovenia prevented them from fracturing the wells.
This is not true. The government requested AST do an environmental assessment prior to applying for approval to fracturing. This requirement is very common in countries all around the world.
The board/s of directors at AST decided not to perform and submit an EIA as requested, so the government could not entertain their request for fracturing.
It is the fault of AST, and not the government of Slovenia, that sand fracturing operations were not conducted.
Strange you cant answer a simple question Ponguser. It appears that you are a non holder and a liar.
DogFather,
I'll let you carry on talking to yourself...
Ponguser,if you are not confident of the stock, then why hasn't your wife sold. Sounds like you are making it all up to give you an excuse to post on here.
Dog farted, you do realise the RNS is telling you that Parsons has magicked up nearly 43 million shares to hand over 20% of the company to the mysterious Ibrahim Diab.
I have not spent much time on this but a quick look shows that MBD Partners SA had revenue of 163,000 Euros in 2022 and is registered somewhere in Europe. Solid stuff there to support your gamble.
Looks and smells like the South African lot that Parsons told us were going to invest but which fell through a short while ago!
The news caused a fractional rise probably initiated by PI’s, certainly not institutional Investors but I am sure it will subside when the reality of a further dilution of this worthless company is recognised by those PI’s.
As you are an experienced, wise and prudent investor, you will know how easy it is to check the Institutional investors holding AST stock. 😜
At least Mr Parsons has one big fan on this forum! He's appeared out of thin air in the last 2 weeks & now appears to have an opinion on everything including having a pop at anyone that slightly disagrees with him!
I welcome any raise in the sp just so I can get my investment back and escape from this lhell after what seems a lifetime!!
Guzzleberries, I have read the RNS. You should practise what you preach.