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I think the next rns will tell us which, on a sort of good note - does it really matter if it goes any lower, for me not really as on paper iv already lost too much a little more really doesn’t matter . I’m just hoping the next rns is absolutely amazing and gets us back up
Website has been updated.....
Certainly looking that way at the moment ,looks like another AIM, crook, unless he s got a huge master plan that he s keeping close to his chest
Looks unprofessional because it is unprofessional
Time for an update JB, just a little communication ,website needs updating also, still showing Colin and Cameron on the Bod .looks unprofessional
What a ted
Hilarious!!! Member of LSE since today and nothing but negativity on every post you've made so far.
Think I’ve become bitter as I now agree with a few of the tweets against, I do not know how she can promote foreign investment in Slovenia whilst our company are still experiencing Slovenia at its best , should be #corruptasfu3k
Tweet by Sophie honey really done AST a world of good so far. What she means is another free lunch on our expenses. What a joke. We are still being shafted even though the limp boy has gone.
Tweet by Sophie Honey
@HMASophieHoney
Yes, I’m in touch w
@AscentRes
CEO John Buggenhagen and look forward to meeting him soon in Ljubljana. I continue to pursue points from my recent statement, discussing concerns ref investment environment w PM Sarec’s economic advisor yesterday.
TPT we live in hope
YellowJerseyIR,
So essentially what you are saying is we can expect some news on other fronts soon then!?....;-)
Wouldn’t rule it out, Mysteron. There have been a few regular buys of 1m plus over the last few weeks. Could be nothing. But could be something...
JB has not been visible in any capacity since the March investor event where, quite clearly, he was pumping the company strongly that evening.
I cannot understand his complete radio silence since that event, many attendees left feeling extremely bullish about Ascent's forwards prospects based on what JB said but since then the share price has collapsed.
Shareholders expect regular news-flow, more-so given the precarious position Ascent is in, come on JB step forward and deliver something meaningful aligned to what you promoted in March !!
Highly exciting not for long term shareholders it ain't. What are the plans this guy instead of hiding needs to update us pronto.
". Whereas a gas monetisation strategy of a proven and producing field was very much in keeping with the commercial skill set of the former CEO"
That truly understates the technical challenges whith the gas monetisation plan. Colin was always a temporary CEO
PS : as listed on AS web site https://www.ascentresources.co.uk/investors/shares-shareholders/
Lots of news items showing technical charts are pointing to a reversal, 1 year RSI is at a long lasting low and has been flat trending for an unusually long period. A half decent RNS should get this going northward. I would imagine a surprising holding notification could be the next news.
Same
highly exciting turning point given the intent to grow Ascent regionally and the skill sets of the new CEO and Chairm
Ascent Resources (AST) – Corporate – Board Changes
Market Cap £8m Share Price 0.30p
Dr. John Buggenhagen has been appointed CEO and Louis Castro has been appointed Non-Executive Chairman. Colin Hutchinson and Dr.Cameron Davies have retired as CEO and company chairman respectively.
In our opinion, Colin and Cameron have shown an extraordinary level of commitment to the success of Ascent and it is a credit them that the company has survived the extreme external challenges faced by the company over what has been a difficult period for the whole sector.
In our opinion, the change at the board is consistent with a shift in strategic focus for Ascent. Whereas a gas monetisation strategy of a proven and producing field was very much in keeping with the commercial skill set of the former CEO we believe John Buggenhangen’s experience and qualifications are consistent with a more traditional oil & gas growth strategy. In particular, John’s subsurface experience and broad experience growing gas projects in Central and Eastern Europe are aligned with the new growth ambitions for the company given the company intends to reflect on and in due course capture opportunities in that region.
Given the challenges for all junior oil & gas companies to secure appropriate project funding on reasonable terms, we believe that Louis Castro will bring a wealth of experience to the Ascent board. We note that Louis Castro has a longstanding career in investment banking and funding companies, inclusive of experience gained as NED and CFO of Eland Oil and Gas Plc.
On balance, we believe that the change represents an acknowledgement of the impracticalities of pursuing a focused gas monetisation strategy at the Petisovci field, in light of the frustrations created by the Slovenian regulators. In our opinion, the change also represents a highly exciting turning point given the intent to grow Ascent regionally and the skill sets of the new CEO and Chairm
Desmond is lucky, after all he isn't invested here.
As long as the share moves up and down I am happy that there is a penny to be made.
I would say that a share losing 77% of its value in the last 12 months, culminating with the board stepping down, puts this into dog territory.
Not particularly.
Would you not agree that this is a dog of a share?
Don't take any notice of Des, he regularly trolls lots of boards don't you Des?