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And the well re-stim permit?
Big red all for me today on this board. Something must of stirred them.
Maybe they’re getting impatient on their shorts
Interesting to watch this morning, thought about jumping in at 25, wish I had now! Steady buys ticking up GL all.
You’d of thought if they wanted shares the bid would be higher?
If he stood up and told business’ to be careful investing in Slovenia, he wouldn’t be lying that’s for sure. Yeah you can imagine some officials might not take too kindly too it, however it’s just the truth.
If the slovenians don’t like what they hear, maybe they should address current issues.
I think they’re already aware their permitting process was garbage, judging from the firings that is. Can only hope the changes made will be positive.
Criticisms won’t benefit AST, so I doubt Colin would bother. I saw from the news article that he regrets threatening legal action in the initial RNS informing investors on the situation.
Agree Lejjb, it reported one side of the story first, now it’s reporting AST side. Just normal journalism imo
What’s your source for his info?
Colin stated in his interview “It was a shock to say the least” when he cane in on a Monday morning to find a tweet from the EM and a newspaper article about an internal review being ordered from JL.
I find it hard to believe Geo ordered it without Ast being kept in the loop.
@colhutch
Replying to***********
“I’ve answered any emails that have been sent - if I’ve missed one please resend.“
21/11/18 1:42pm
Taken from twitter. Hope that answers your question.
Yes it was stated in an RNS 30 October first line in. That’s why I think it’s strange Geo state something else in their interview.
Very strange how Geo state they were unaware of any assurances made.
Also these emails could of been sent from the NGO who lost us the permits last time for all we know.
Do they take minutes at these meetings? I was trying to find out earlier, purely for the question you’ve just asked. I was interested if anyone queried anything.
A few people have mentioned they’ve emailed Colin for a situation report. Current stance is no word from JL. We know as much as Colin right now(more or less). I agree though, feels like Groundhog Day waiting for news.
It’s impossible to run a company in this situation, I imagine it’s just as frustrating for them as it is for us PI’s.
Could be right, there’s always the possibility that was the case all along.
However I’m confident there indeed was an interested party, BUT I’m just as confident that they had zero interest without permits. That’s my opinion anyway, I guess everyone has their own views on the situation, only time will tell which one comes to fruition...or disappointment!
Their next move will be interesting, they could wait and potentially get more bang for their buck per share if we get good news on permits, as we don’t even need the money in the bank at this moment in time that is.
On the flip side there is possibility of no meeting with JL or permit news for a while, things get stale and market gets impatient, whilst the SP dwindles back down to low 0.4.
Or they raise ASAP and go in all guns blazing down the legal route. However Colin seems to be playing mr nice guy right now to see where it gets us.
I think he must of been suspended, or busy cancelling his short.
How can they dilute at the end of the month and THEN end SR before XMAS??
You can’t have a placing whilst in a SR.
Vote no and sit back watching AST go down the toilet? What a terrible terrible plan.
IMO, I’d rather have a some dilution and take one step back, in order to take 2 steps forward.
I take it back, upon reading the RNS it was nothing to do with the EGM vote.
I’ll admit it guys, you called it bang on, glad I took a slice out.
Another reason as mentioned by Colin before is that it gives us leverage against potential SR candidates, if they’re low balling, we have funds to be self sustainable and decline.