Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
lol antha 'so far under?' wow im completly fine thks.....i suggest you read the rns well the last 1.5years worth to see what THE COMPETLY NEW BOARD ARE DOING....by the way both shares i have which im a medium/major shareholder in have placing dates on feb next year ohh thats like 2mnths away....if the aim market is anything like what it should be at least one will go by then......only need one then i retire.....ill remeber the conversations with you and all the rest off your mob on multiple boards fondly when im on a beach drinking cold beer in the sun!!!! :-)))))))))))))))))))))
blue "the actions off the board have been pretty damn good i think" funnest thing I've read all week, I can only surmise you are so far under here to say something so stupid as that, lol.
but one strange thing i had found doing AIM its nuts but the more guys bashing a share FOR NO APPARENT reason and thats important NO APPARENT reason the better and if all they are doing is recyclying OLD rns and not mentionioning the most recent RNS thats an even better indicator....remeber noone does anything for free.....so DYOR see if there is a reason for what they are saying is correct if it is good on them....if not....well they might have alterior motive for doing it....
pinguser yes dont waste your time justifying waffle.....the actions off the board have been pretty damn good i think ...if you dont think that dont invest....simple really go somewhere else like any SANE person would and not talk down your own stock?...share price? humm really doesnt matter if the significat news comes in sounds daft....but its the number off shares that matter....the share price only matters THAT day if you are to sell/buy THAT day..i mean does anyone actually invest in an AIM stock for a 30-50% rise? seriuosly?..looks like it pretty much being dragged down at present....good sign :-) and this is from yesterday all kinda lined up all imho blah blah DYOR!!!
16:45 MREX 0 4.3
16:57 WINS 0 4.2
16:55 PEEL 0 4
16:58 WIRE 0 4
16:51 CFEP 0 3.9
16:50 SCAP 0 3.9
Always up. You are indeed correct. I wouldn't waste your time justifying anything. The actions of the BOD & the share price speaks for itself!
nope your waffling rubbish again im afraid there ARE NO PRODUCTION FIGURES FOR OCT 2021 only the ammount that was recived i was doing and estimate based on the ammount recived so you cant check figures as there are none...sigh...
and the rest off your post is quite simply waffle very convincing waffle but waffle
the max production rate was 151.1 in march 2021 we MAYBE producing more than that and remeber we had DECREASING FLOW as the pressure was declining i ESTIMATED that if it continuded at that rate it would be 50 in oct 2021....now somehow the magic gas fairy...has MAYBE increased flow rate to above the march high....or maybe there test stimulating the wells....well find out soon...but keep waffling....
looks like someone moved 1% off the company too
02-Dec-21 16:11:23 4.35 1,000,000 Unknown* 4.30 4.40 43.50k
02-Dec-21 16:11:11 4.30 1,000,000 Unknown* 4.30 4.40 43.00k
oldblue1973 - I suggest you DYOR and check the actual production figures for Pg10 and Pg11A for Oct 2021. The figures released in Feb 2021 were artificially high because they were the initial production from Pg11A after it was shut in. Pg11A had been shut in for many months at that time and wellbore and formation pressures had built up. Pressure was noticed on the annulus, indicating a problem downhole, and the well had to be bled down. The flow rate quoted in the RNS was the very high, initial bleed off pressures. As per all tight formations, once the initial pressure is bled off, flow rates drop like a rock.
The rate in the RNS was accurate at that point in the flow. It is a deceitful process all producers use. Not really a lie, but not really the actual capability of the well either. The facilities at CPP can not handle the amount of water that Pg11A produces, so the well cannot be continuously flowed.
But you can believe what you want.
alwaysdown...as usual an incorrect statement from you we are producing gas as per RNS below
https://www.lse.co.uk/rns/AST/update-on-gas-price-and-slovenian-jv-partner-532uhjivkt6ve8b.html
The Company now expects, at current gas prices and production levels, the PG-10 and PG-11A production wells to generate net production revenues (after extraction, processing and handling costs) of at least Euro 100,000 per month, net to Ascent.
not to sure how you can not produce gas and make 100k a month (should cover directors saleries?) now what you should be saying is now with the new gas prices how much MORE are we making at the present gas levels (if they are maintained) i estimate it at 180k m3 which is more than the peak flow before(march 2021 155.10m3) (DYOR and numbers pls)see report below
https://www.lse.co.uk/rns/AST/interim-results-aiv5onktu6amrgf.html
and if they still producing at that level (thats important are they?maybe more maybe less?) how much will they be net to ascent? personally i think at current it maybe 400-500k per month which is 4.8-6 million a year or more than the MCAP....DYOR pls and check everything on a message board pls
oldblue1973 - Nobody is "singing to the rafters", with the gas price increase, because AST doesn't produce any gas.
Old blue if the gas flow continues previously dropped off quickly hence the trouble about hydraulic fracturing with the government . I have been invested since 2016 so any good news would be welcome gla regards jack
humm nice so gas prices up again 280euro per mwh
https://www.energetika.net/eu/novice/slovenia/higher-power-output-to-ease-current-see-spot-price-records
why on earth arnt our LTH sing to the rafters about this?
last RNS 100k euro to us or 1.2million a year IF the rate off gas continues but since it has miraculously increased are we again possibly test stimulating the well? again why isnt anyone singing to the rafters about this?
and end buisness for year 23rd thursday so are we finally going to get the MOU for cuba apparently its only 700k which we might have with the gas coming out....
https://www.lse.co.uk/rns/AST/cuba-operator-application-and-new-funding-ctxk7fyt71c4nwe.html
oldblue1973 - Checked out the link you included in your post. Pretty pathetic performance by the board, and it only cost 300K last year! Anybody who made 150K from their AST holdings last year, please raise your hand. Lol
new data no movement
https://markets.ft.com/data/equities/tearsheet/profile?s=AST:LSE
so not had a reasearch note from align for quite some time (2mnths)or a new one(since at least may) can only see the last 5 on there website....are they retiring from the reasearch note buisness?
https://www.alignresearch.co.uk/report-library/
so according to this
https://www.ascentresources.co.uk/wp-content/uploads/2021/09/AST-FS_30Jun21-FINAL-MARK-UP.pdf
there are as follows this many warrants
Exercisable at 30 June 2021 17,889,772 5.45
so are bascially all the warrants aligns? wow!!!!
found another nice bit
https://www.lse.co.uk/rns/AST/cuba-operator-application-and-new-funding-ctxk7fyt71c4nwe.html
The debt element of the fundriaising is a definitive loan agreement with Align Research Limited (the "Lender") to provide, in aggregate, £400,000 through an unsecured loan facility ("Loan Facility"), for working capital purposes in support of the execution of the Special Situations strategy. The Loan Facility, which is aimed at minimising dilution at current prices, provide for the loan ("Loan") to be drawn down, in three tranches being £100,000 on 15 August 2020, £100,000 on 3 September 2020 and £200,000 on 4 October 2020. The Loan plus a fixed coupon of 8% is repayable in full on maturity (except where the Lenders request part or all of the Loan and any coupon to be utilised in paying for the warrants), which is the 31 March 2021 (the "Repayment Date").
As part of the Loan Facility, the Company will issue a total of 16,000,000 warrants to the Lender (the "Warrants"). The Warrants are only excercisable at or above 4 pence per share (a 100% premium to the current bid price), at which point the holders can subscribe for ordinary shares in the Company at 2.5p per share, or at the future placing price of any subsequent fundraise during the first 12 months of the Warrants being issued if lower than 2.5 pence. The Warrants have a life of two years from the signing of the Loan agreement.
so align get 16,000,000 warrants at 2.5p or 400k and thats 14% off current stock or they will have almost 22% off stock after this if it happens!!!!!
as usual our 'long term holders' do not know the long term history off the company
ild suggest everyone read the below its the basis off the BIT case
https://www.ascentresources.co.uk/wp-content/uploads/2020/07/2020-07-24-Ascent-Notice-of-dispute-Government-of-Slovenia.pdf
3.4. As you may be aware, low-volume hydraulic stimulation is a process used to increase the production
of gas wells, whereby water is injected into the soil substrata in order to stimulate the gas production.
Low-volume hydraulic stimulation involves the injection into a well of less than 1,000 m3 of water
per fracturing stage or less than 10,000 m3 of water during the entire process. It is distinct from high-
volume hydraulic simulation, which involves the injection of water above these volumes.
so there now waffling about fracking (high volume)which we are not doing and again if they try to use this to delay or cancel the project ....this again would help the BIT
and recently the goverment voted to allow fracking.....do i need to waste time digging up the article?
Parliament votes fracking ban fit for further reading
LJUBLJANA - The National Assembly backed a proposal for a ban on hydraulic fracturing in Slovenia, tabled by three centre-left opposition parties, on first reading in what is the fifth attempt to thwart British company Ascent Resources's fracking plans in the north-eastern Prekmurje region. The relevant amendment to the mining act, sponsored by the Left, Marjan Šarec List (LMŠ), and Social Democrats (SD), would ban the extraction of hydrocarbons by fracking in Slovenia