George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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I would also be very interested to know. How about a previous CEO stating on an a LSE interview broadcast on a Tuesday " we do not have any requirement to raise funds. " Fast forward to the Friday of the same week and low & behold an out of hours placing via Primary Bid where he chipped in £5K and the share price was decimated & has continued to fall since! Us long term holders will remember this well but to a few others we're allegedly shorting the stock!
One day this whole sector of the market will be brought to justice!
Ol’Blue, I pop in here now and again to see if anything new is happening and reading your Wednesday 1534hrs post has me wondering in what way are posts on this BB considered to be legal documents.
I am not challenging but would like to know.
Oldblue,
My answer earlier this afternoon has been removed??
"I HAVE NEVER SHORTED AST."
No further discussion with you.
and this is all that matters at the moment
the RNS will come and we will see if they do get the FDP....EIA....consession or if they go BIT...
theres circa 12 billion sq m in gas down there if they get access to it price goes up simples....and i state IF they get access to it
but you keep bashing away...
https://www.ascentresources.co.uk/wp-content/uploads/2021/05/Ascent-Annual-Report-2020.pdf
Cumulative gas production from the Pg gas field since 1963, including fuel and flare use and accounting for the gas equivalent of the historical condensate production, is 12.7 Bcfe (360.1 MMsm3). This is 3% of the currently estimated gas initially in place (“GIIP”) of 430 Bcfe, (12.2 Bsm3), based on independent third-party estimates.
now im gonna make this easy plug in the numbers and its 36 euro per mwh at moment????
https://www.unitjuggler.com/convert-energy-from-GcmNG-to-MWh.html
now can we get it all out ....taxes...expenses etc we have a partner etc
the npv is at 200 million + since then the gas price doubled ....current mcap 6million
im an INVESTOR and im waiting till the time comes when we find out either way...good or bad
all above IMHO etc etc and pls check it all and as always DYOR!!!!! please DYOR!!
so you lot waffle about 'old board' new boards pay etc etc and not about the elephant in the room is can we get to the gas....
now the biggie ive said im not on the AST payroll or paid to post but an investor
now will you state that you have never shorted AST? remeber these POSTS are legal documents and are dated and ISP are recorded.... bet you wont :-)
research is done in many ways but the RNS are an excellent source off info as it is a legal document and nomaded
you do yours on twitter?
and no im not on the payroll or paid to post im an investor in the company....by the way i just reported you yet again this time for defamitary post by saying im reciving money from ascent...
if you have been since 2016 have you not been buying/selling in peaks and troughts? heck we went upto 14p just recently
at 80% loss at 5p thats means your effective averge is 25p??? how the heck did you mange that? did you just sit there and do absolutly nothing for 6 years and just wait to get diluted every placing and consolidation?
you do realise these shares if done long term have a bit off work to be done? it is AIM and not FTSE you know!!!
im sorry but since you have been investing since 2016 are you refering to the new board which is 1.5 years old and has been pretty much keeping us informed as much as they can via RNS or the 'old board' which you sound like you invested in
how on earth do you average down which is by (buying more) as it goes down and also reduce your holding (selling?)at the same time??? now thats a trick i would like to see.....
Oldblue,
I've been invested here since 2016 as a result of my own stupidity & naivety! Despite averaging down & reducing my holding I am now in the grand position of minus 80%. A part time BOD earning a fortune, under no time pressure & answering to no one!
How long do they need to produce something tangible.??
I wouldn't bother regurgitating previous RNS's - after all how many of them actually occur in reality.
and this is all that matters at the moment
the RNS will come and we will see if they do get the FDP....EIA....consession or if they go BIT...
theres circa 12 billion sq m in gas down there if they get access to it price goes up simples....and i state IF they get access to it
but you keep bashing away...
https://www.ascentresources.co.uk/wp-content/uploads/2021/05/Ascent-Annual-Report-2020.pdf
Cumulative gas production from the Pg gas field since 1963, including fuel and flare use and accounting for the gas equivalent of the historical condensate production, is 12.7 Bcfe (360.1 MMsm3). This is 3% of the currently estimated gas initially in place (“GIIP”) of 430 Bcfe, (12.2 Bsm3), based on independent third-party estimates.
now im gonna make this easy plug in the numbers and its 36 euro per mwh at moment????
https://www.unitjuggler.com/convert-energy-from-GcmNG-to-MWh.html
now can we get it all out ....taxes...expenses etc we have a partner etc
the npv is at 200 million + since then the gas price doubled ....current mcap 6million
im an INVESTOR and im waiting till the time comes when we find out either way...good or bad
all above IMHO etc etc and pls check it all and as always DYOR!!!!! please DYOR!!
so you lot waffle about 'old board' new boards pay etc etc and not about the elephant in the room is can we get to the gas....
pinguser5 pls check your info placing for last funds feb 11 2021
https://www.lse.co.uk/rns/AST/strategy-update-new-funding-r9nvn13h7lh1nzc.html
which is just over 5 mnths from the placing not 8 !!!
and i think they are expecting funds by 29 oct to fund the 'cuba' oil/etc imho!!
https://www.lse.co.uk/rns/AST/update-on-slovenia-and-cuba-operations-mrlalc1fyqv9v8m.html
Accordingly, the Company remains engaged with CUPET and is in the process of requesting a further extension to its MOU to negotiate the production sharing contracts over the Cuban onshore Blocks 9A, 9B, 12 and 15, by 6 months, to 29 October 2021
but yes its real easy to sit there and go the 'old board that arnt there any more are rubbish (thats why there gone?) the new board gets payed to much....well if you didnt like them you could off voted them out with 12% off the shares....
for folk that are supposedly invested in this your guys complain one heck off alot....usually when i dont like whats happening on a share i sell it and move to something that i like but thats just me....
but its really easy just to sit there and whinge.....
and those guys that you complain about have only been in since 14th feb 2020 or 1.5 yers now and MAYBE on the verge off something which is what were all waiting for ......GLA real holders
https://www.lse.co.uk/rns/AST/board-changes-fundraising-and-debt-restructuring-pwzoft5kjdkkhqz.html
all imho etc etc as usual
The wheels of non existent strategies move very very slowly …there are not many jobs where you can claim such high part time salaries without proving your worth in the modern world. Only on the AIM ….iMHO
Oldblue,
"The BOD are acutely aware of the need for urgency..." - If anybody hasn't noticed we're now approaching August - 8 months of salary expenses & what do shareholders have in return? Funds will not last forever.
ahh hi so we have run out off stuff to say about the 'old board' the new boards pay and now were just making abusive comments?.....the RNS will come what will be on it noboby knows and it maybe good it maybe bad.....thats the AIM market
and unlike you 2 and your friends im going to wish everyone the best off luck and i hope it is good news for everyone GLA!
lol still bash...bash...bash..
not moving much is it?
Pinguser5 - Just hang in there. Oldblue1973 says an RNS is coming.
So as we go into yet another week with no news on the "strong case against Slovenia" which is obviously not so cast iron after all... Let's hope the experts on the BOD are back from their other part time roles this week to give some justification to their positions.