Member Info for colebrooke1972

Some good points made by all. Appreciate the sharing of information from the North Sea guys (caveat emptor). Regardless of any potential delay the rising oil price will place a floor under the sp based on current pre Stella production levels. As discussed by many on here I'm personally very much looking forward to 2017: Greater Stella & FPF-1 electrical junction boxes issues confirm resolved Vorlich FDP Reserves update due? Norpipe 2017: pumps & subsea connections Firm up Stella hub - 5+ wells 2017 or 2018: Vorlich 33% interest 2P 8MMboe with BP 2018: Harrier : 2 wells on the this field Tbc: Hurricane Tbc: Austen 3-21MMboe

Some great contributors on this board all views are welcome.

Price consolidation done with next leg up? Funny how SP technicals match events on the ground. DYOR

SP has consolidated last few sessions. First target 120p in January.

Note the following from the recent RNS: All other preparations are on plan. Start-up is now anticipated in early January 2017, upon completion of this additional work. Activities on the offshore commissioning programme for the FPF-1 floating production facility are well advanced and preparation for start-up of the Stella field is on-going. During routine inspections, faults on a number of electrical junction boxes on the vessel's processing facilities have been identified and a programme of necessary repairs is underway. All other preparations are on plan. Start-up is now anticipated in early January 2017, upon completion of this additional work.

Ascot Mining presenting on Wednesday 22nd February at The Chesterfield to register to attend - link below http://www.proactiveinvestors.co.uk/register/event_details/136

already produced major improvements in grinding efficiency and noise reduction. Additionally, and as planned, the locally manufactured rubber liners were installed in the primary ball mill, considerably improving the end product to an optimized very fine pulp. The rubber liners (locally sourced and fabricated) also significantly reduce the weight and thus wear and tear on the mill and its component joints and bearings, extending their productive life. Noise levels have also been reduced by more than 50%. Environment, Health & Safety The Company is pleased to continue to advise that there were no environmental issues or health and safety incidents to report Production As previously announced, it is the Company’s intention to report quarterly production figures, which is the norm in the gold mining industry. We expect to at least match November’s performance of +200 ounces of gold in February, and remain confident we will achieve quarterly production of at least 1,500 ounces of gold over the next several months. Exploration Of note is that all current and previous exploration, development and gold production at the Chassoul property is contained within an area just 12% of the existing 2 square kilometre concession. 88% of the concession remains unexplored, but similar mineralization is confidently believed to extend in all directions surrounding the current concession area, with several veins openly outcropping at surface. The Company is examining extending the Chassoul concession area from the current 2 square kilometres to 10 square kilometres. This strategy not only has the potential of substantially increasing the reserve and resource base over time, but exploration will also occur unencumbered. Closing Comments During December and January, the Company made long term improvements to the process plant, in particular to the crushing and milling circuits. It also made meaningful advances in the underground exploration and development programme, leading to major new production and exploration targets. In the near term, the Company’s main efforts will be concentrated on underground mining, exploration and development, with a view to increasing our overall understanding of the significant new vein structures that have been identified, as well as increasing production, particularly from the Amarilla/Negra vein, through efficient mechanized mining, February is accordingly a recovery and growth month, and the Company expects to see production return to at least November 2011 levels. Respectfully, David B. Jackson Founder & CEO

ASCOT MINING PLC INVESTOR EMAIL COMMUNICATION NO. 2 DATED 7th FEBRUARY 2012 CHASSOUL GOLD PROJECT – OPERATIONAL UPDATE Dear Shareholder Following last week’s site visit to Chassoul by Ascot’s senior management, I would like to share some photographs and provide you with a summary of the great strides we have made towards bringing the project back into steady and increasing production. This follows the previously mentioned temporarily reduced operations over December and January, which was exacerbated by the previously reported unavoidable lack of leaching chemical and mine timber. Advantage was taken during this period to undertake significant mine development work, and to make major upgrades to the crushing and milling circuits. Steady advances have been made in accessing the ore development areas in the Cajeta and the Amarilla/Negra veins, particularly the latter, where high-­‐grade ore is now being extracted and delivered to the crusher. Mine Development -­‐ Amarilla/Negra Vein Work is being prioritized at the upper level where the access tunnel has been widened in order to accommodate mechanized mining using our scooptram, and this will represent the main source of high grade ore for the mill. The Company is confident that the vein extends and increases in width down to the lower level exploration tunnel adjacent to the process plant (which has also advanced significantly using the new supplies of mine timber). Mine Development -­‐ Cajeta vein The lower Cajeta (main haulage) tunnel has been cleaned, re-­‐timbered and sampled, leading to the discovery of several new ore intersections, which run parallel to the Cajeta and Amarilla/Negra veins. These veins are being actively explored. This structure appears to cross from the lower Cajeta tunnel to the lower Amarilla/Negra exploration tunnel, therefore providing four new working areas with grades ranging up to 10 grams per ton. This represents a potential significant new structure, which also appears to be open on strike in both directions. Such a structure should also have major benefits in increasing mine production and efficiency, in terms of connected access through existing tunnels and raises; ore delivery using natural gravity; and improved ventilation. Concentrated geologic mapping and development work on these new areas will not only improve understanding of the overall nature of the structure, but will also provide additional ore feed to the plant. Major Upgrades to the Process Plant The two stage ore crushing system was dismantled, strengthened, improved and re-­‐ assembled, and is now delivering consistent optimum size crushed ore to the ball mills along upgraded rubber conveyor belts, which has significantly increased milling efficiency. The completely restructured primary (#1) ball mill has already produced major improvements in grinding efficie

So reasons for AIM delay apparent based on rumours on the ADVFN RRR bb (RRR hold a chunk of ASMP warrants) that Libertas were taking their 'time' over matters. Good news IMHO. ASCOT MINING PLC APPOINTMENT OF DANIEL STEWART & CO PLC London, 19th January 2012, Ascot Mining Plc (PLUS Markets: ASMP, XETRA®: AM3.DE, "Ascot" or the "Company") announces, with immediate effect, the appointment of Daniel Stewart & Co Plc ("Daniel Stewart") as its PLUS Markets Corporate Adviser and Broker. Ascot is pleased to be associated with Daniel Stewart, which has a long standing commitment to the natural resources sector, provides mining sector research and analysis, and which has a proven track record in fundraising for mining companies. The firm has offices in London, Dubai, Kuala Lumpur and New York offering a full range of corporate advisory and institutional broking services, covering corporate finance, corporate broking, research, sales & trading, and debt advisory. Daniel Stewart is both a nominated adviser to AIM and a regulated broker to the London Stock Exchange. David Jackson, the CEO of Ascot said: "We are delighted to announce this appointment as part of our commitment to building a strong team of advisers to assist the Company with its continuing growth and development". The Directors take responsibility for this announcement. For further information on this announcement please phone: Ascot Mining Plc info@ascotmining.com www.ascotmining.com Alex Panko, Director UK cell +44 (0)7766 080 925 Daniel Stewart & Co Plc www.danielstewart.co.uk (PLUS Markets Adviser & Broker) Colin Rowbury/James Sheehan (Broking) +44 (0)207 776 6550 Noélle Greenaway (Corporate Finance) END

No news on La Toyota from the company then but I really wouldn't get hung up on it as the company has plenty going on with it's other assets. Remember T1ps bought in post the La Toyota JV failure so they obviously have confidence in the company as is. Sharecrazy TV - It should be Gold Fund Ascot mentioned 13 mins 40 secs in: http://sharecrazy.com/beta/it_should_be_gold_fund/6198/it-should-be-gold-fund-november-2011 TW has been quiet on Ascot for sometime so hopefully things are finally indeed looking positive hence the update. Summary: Technical problems caused delays AIM listing before Christmas (although not looking likely now must be in the new year) Producing - production steadily increasing Generating cash / profitable Canada TSX listing (dual listing means ISA money will come in) GLA Colebrooke

From what could have been a company folding scenario with the JV partner screwing Ascot over La Toyota last year the company is now in a robust position initiating production in its other substantial assets of Chassoul, Tres Hermanos and El Recio. Production issues / delays here are no different to every other mining stock out there which in time overcome these difficulties (ball mills are a favourite to malfunction and I can list other gold miners who have had similar production difficulties). Think we will hear more about production on AIM listing (hopefully Canada's TSX at the same time). I don't expect huge sustained production figures but enough to give confidence in the future based on size of their gold mining assets with don't forget the potential legal victory over La Toyota further bolstering the sound fundamentals here. La Toyota is not priced in to the sp at the moment so roll on 7th December as Ascot may get the result they deserve here or it may indeed need to go to another court hearing hopefully not. With only 80 million shares fully diluted about to leave the illiquid and inaccessible Plus markets to list on AIM and potentially TSX increasingly makes this a great junior gold miner to have in your portfolio. GLA / DYOR / Gold $1760 Colebrooke

DJ Ascot Mining plc Gold Forward Purchase Conversions, Equity & Total Voting 31 Oct 2011 - 17:33 TIDMASMP TIDMASMWP Ascot Mining ("Ascot" or the "Company") GOLD FORWARD PURCHASE CONVERSIONS, ISSUE OF EQUITY AND TOTAL VOTING RIGHTS London, 31st October 2011, Ascot Mining Plc (PLUS Markets: ASMP, XETRA®: AM3.DE, (the "Company") wishes to announce details of gold forward purchase conversions and share issues. The Company announces that the Board resolved on 20 October 2011, to convert US$678,826 of gold forward purchase obligations into, 1,585,522 ordinary shares in the Company at the prevailing mid-market price at the date of execution of the undertaking. These gold forward purchase obligations relate to monies owed by the Company to two individuals, in respect of certain gold forward purchase contracts, entered into by the Company in 2010. As part of the settlement on 28 October 2011, one individual was issued with 1,524,856 shares at GBP0.26675 (US$0.4268) and the other individual was issued with 60,666 shares at GBP0.29 (US$0.464) (the price the shares were issued at, reflects the Company's share price on 14 and 20 October 2011 respectively). The issue of these shares constitutes full and final settlement of the gold forward purchase obligations owed by the Company to these individuals. In accordance with the FSA's Disclosure and Transparency Rules, the Board of Ascot confirms that the Company now has 65,477,369 shares of 1p each in issue carrying voting rights (ISIN: GB00B2QH7M99) and a total of 13,996,384 listed warrants outstanding (ISIN: GB00B5222R97). The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in Ascot under the FSA's Disclosure and Transparency Rules. David Jackson, President & CEO of Ascot comments: We are delighted with this conversion of forward gold purchase obligations into equity as representing a clear indication on the part of the individuals concerned of their strong confidence in the Company's future prospects. The Directors of the Issuer accept responsibility for this announcement. --ENDS- Enquiries: Alex Panko, Director: Ascot Mining Plc +44 (0) 7766 080 925 info@ascotmining.com Heena Karani: Rivington Street Corporate Finance +44 (0) 207 562 3393 Heena.karani@rs-cf.com (END) Dow Jones Newswires

Ascot Mining* – Initiating coverage with a recommendation of Speculative Buy at 26p with an 85p target price http://minesite.com/media/pub/var/release_downloadable_file/33741.pdf

Posted on a German share bulletin board on 12/10/11: Dear Mr. xxxxx, Thank you for your email message concerning La Toyota. Unfortunately, the 5 October date of hearing was postponed until 7 December due to the illness of our senior litigator. This date was confirmed yesterday. The LaToyota issue is being pre-sued as aggressively as possible but of course, it is not in managements hands and we must let matters take there course. In the meantime the Company is focused on advancing its other projects. We appreciate your interest and your patience as we recover from the La Toyota setback and continue to grow the Company. Regards, David Jackson CEO, Ascot Mining Plc President, Veritas Group http://www.wallstreet-online.de/diskussion/1156554-1291-1300/ascot-mining-gold-in-costa-rica More View thread 1 Respo

Think they will get the result. However La Toyota is not priced in to the sp whatsoever at the moment and they have plenty to be getting on with at the Chassoul mine and indeed Tres Hermanos.

My understanding is the hearing has been postponed to later this month - we may or may not get a result then and there may need to go to another hearing. However all of the indications are Ascot will get the result. AIM listing this year methinks Ascot need to be in a position production wise to list.

In case you missed it Tom Winnifrith pumping Ascot Mining back in July seemed to be confident at the time of AIM listing announcement that month... anyway hope his other predictions on Ascot come to fruition. Interesting he also talks about Tres Hermanos alone having a resource of 1 to 1.5 million oz. He starts talking Ascot at 13mins 19 secs http://www.youtube.com/watch?v=_CIj-0MxQ60

ASCOT MINING PLC £6,000,000 (US$9,300,000) STANDBY EQUITY DISTRIBUTION AGREEMENT London, 3rd October 2011, Ascot Mining Plc (PLUS Markets: ASMP, XETRA®: AM3.DE, "Ascot", the "Company") Ascot is pleased to announce that it has entered into a Standby Equity Distribution Agreement ("SEDA") for up to £6 million (US$9.3 million) with YA Global Master SPV Limited ("YA Global"), which is advised by Yorkville Advisers, LLC, an investment group headquartered in New York and active across North America, Europe, and the Asia Pacific Region. Under the SEDA, YA Global has agreed to subscribe in tranches for up to £6 (US$9.3) million of the Company's Ordinary Shares over a period of 36 months. Subscriptions will be at a price closely related to the market price at the time of subscription and will take place at timings and intervals and in sizes determined solely at the discretion of Ascot. The maximum amount that may be requested at any time is 200% of the average volume weighted daily trading value of the Company's shares during the five trading days prior to the draw down request. The shares issued by the Company will be priced at a 5% discount to the lowest volume weighted average price during the ten trading day pricing period of each draw down (following the draw down request). The Board of Ascot believe the SEDA offers a cost competitive means of raising substantial funds compared with alternative equity financing opportunities that are currently available to companies similar in size to Ascot, and that the SEDA strengthens and broadens the Company's overall medium term financial position and therefore underpins the Company's growth and development plans. The proceeds will be used to support the Company's gold operations in Costa Rica; to accelerate the Phase 1 exploration programme outlined in the recently updated 43-101 technical reports; to assist with the costs associated with the applications for listing on AIM and the Toronto Stock Exchange; and for general working capital purposes. The arranging fee in connection with the SEDA will be settled through a combination of cash and with proceeds obtained by the issue of Ordinary Shares under the SEDA. David Jackson, CEO of Ascot, stated "The Board is delighted to announce this significant £6 (US$9.3) million standby arrangement. The Company will greatly benefit from accessing this flexible and cost competitive medium term source of equity funding as it moves into the next stage of its planned production and expansion strategy". The Directors of the Issuer accept responsibility for this announcement. --ENDS-- Enquiries: Damien Daly: Ascot Mining Plc +44 (0) 7880 55 46 47 info@ascotmining.com Heena Karani: Rivington Street Corporate Finance +44 (0) 207 562 3393 Heena.karani@rs-cf.com

I wouldn't worry about the sells, as the overall recent daily volume has been relatively small and it doesn't take much volume to move this one way or the other. Also don't look at Plus trades in isolation Xetra has on certain days more volume than Plus http://www.boerse-frankfurt.de/EN/index.aspx?pageID=38&ISIN=GB00B2QH7M99 La Toyota is not priced into the sp at all the moment and every communication from the company and also external commentary expect a positive outcome for Ascot. I don't know whether Ascot can expect a court ruling on the 5th October regarding La Toyota and indeed I expect it may go to another hearing for a ruling. However at least it's finally in the court system. A positive outcome could easily double the current sp at a minimum especially if that outcome arrives once the company is listed on AIM. Moreover the most important asset is the Chassoul Mine and is the operational focus for the company. The Chassoul Mine is a company maker in it's own right so forget about La Toyota for the time being. The reserves at Chassoul are vast and are the reason I invested (see my earlier posts). I don't know of any mining company that has not had some form of operational difficulty in it's early life and we know that the company has had issues with the ball mill at Chassoul. However the infrastructure Ascot has put in place is significant which suggests they are serious about the quantity of gold production they are targeting. The company has also made a series of announcements recently which tell me that they are gearing up for production and indeed AIM listing. The recent hiring of Dan Callahan as General Manager a seasoned mining industry expert with 30 years behind him gives even greater confidence in what the BOD are doing. They are indeed making all the right noises now. I believe the company will see a truer reflection in it's sp once it lists on AIM. The increase in sp won't happen overnight as with any listing but give it a few weeks of general market awareness after listing combined with RNS updates. I'm more than happy to wait for listing based on the fundamental value here and will be adding at current prices which are a gift. Current 20 odd million market cap here makes the company ridiculously undervalued. Colebrooke

Seller could be T1ps fund selling their 20p warrants (they sold some the other week). Price is crazy for the potential here. La Toyota is not priced into the SP whatsoever at the moment so bad news should not affect it. I would say if you look at the recent RNS releases the company seems to be gearing up for production. I think AIM listing mid Q4 if I was to hazard a guess.