Member Info for EarlofAim

Bill Brown, Chairman of RUA said: "The mutual benefits of this partnership with Corcym are transformational for RUA. Not only does it validate our belief in the product range but it is backed up with Corcym's capacity and capabilities to make the graft range available to heart surgeons globally."

Christian Mazzi , CEO of Corcym added : "Corcym is excited to partner with an innovative company like RUA to commercialise the aortic graft range. Corcym's mission is to help cardiac surgeons treat patients better, today and in the future, and RUA's aortic graft range will be an important addition to the product portfolio we can offer Heart Surgeons worldwide

Talks for heart valve, unique design and patented

Read Rns

Looks good

AST rns has all the information

Covid19 made lots of companies go bust,

new company paying $16.5m for what?

assets must be huge......

Why does court wants fxpo to fail???

I mean Fxpo will help rebuild Ukraine when the war is over,

don't know when that's going to happen,

buy court orders are frustrating for fxpo shareholders

Ast not used any Riverfort Service in the last Few years

So that's a good indication,

Plus

#Ast will be with the big boys in the #Usa #helium processing, Purification, Liquification and transportation

Big cake with big slice for #Ast

Let this sink in

However, as a consequence of the above delay, the cash position of the Group has further declined during December 2023. The Company has been unable to meet December 2023 payroll in full and therefore the Company's Directors and senior management have agreed to defer their salaries and fees until such time as the delayed funds are received. The Company has asked certain employees to defer on the same basis, and is pleased that in excess of 67% of Group staff have agreed to full deferral, with a significant additional number agreeing to partial deferral.

Waiting to listen to the interview

this could be the next HE1 in coming months

investors not cotton on to this potential

Ahanda

stop comparing a loss making, cash burning company to a UK corner shop which is in a different league.

SND could do with a placing to give them breathing space for longer life,

but get this..... directors wants to crash sp

Cash burn means they had to starve off payments to It's Staff,

this company has potential but SND money ran out, and that's why Sp Fell to 2.6p

no cash means insolvent

The asset must be worth billions for GNG to $16.5m to aquire it......

the former company probably ran out of cash to continue, who knows but many times bargain hunters picks up huge assets for small fees.

this is no way small.

massive potential for helium processing, Purification and liquification, then to transport it.

money to be made in every chain of the line here

AST has done well to get in before any other companies did

GNG to Partners LLC bought Paradox Estate for total $16m.5

why would GNG be willing to pay $16.5m had they not seen the value of this transaction?

all the time companies buy bankrupt companies that's not a bad move, that's a clever move

The Chapter 11 documentation sets out that the Lisbon Plant is the sole operating natural gas processing plant in the Paradox Basin and is fed by over 500 miles (of which 279 miles are wholly-owned by GNG) of helium rich gas gathering pipelines which have access to helium rich gas sources with 7-8% He concentration in the four corners region, most notably in SE Utah and NW New Mexico. The Lisbon Plant is a 60 MMcfd (million cubic feet per day) gas treatment plant which has a 1.1 MMcfd processing capacity for helium, a 45 MMcfd cryogenic plant and 10 MBpd (thousand barrels per day) fractionation train. The plant was built specifically to process the Paradox Basin natural gas that often has high CO2, H2S, N2 and He content. GNG believe that the Lisbon Plant can produce approximately 3.4% of the US liquid helium production (or 1.7% of the World's liquid helium). The Lisbon Plant is currently operational and processing gas and purifying helium which is sold as gaseous helium directly to industrial consumers via truck. The Lisbon Plant has a liquification unit which has been in care and maintenance since around 2013 (when the liquified helium price was only ~US$62.25 /Mcf versus the US$750-1,250 /Mcf range available today).

David Burton,

yes AST needs to do an interview because this Rns is overwhelming for many, the fact that AST entered USA helium and gas sector is tremendous for AST shareholders in coming months.

Onshore US Gas Investment, New Funding, Board Changes, Director Dealings and Total Voting Rights

Ascent Resources Plc (LON: AST) is pleased to announce it has made an investment into a private US holding company, GNG Partners LLC, that has been formed to acquire onshore US midstream gas distribution and processing facilities which includes helium purification and liquefaction. This is the first shaping move for the Company following a period of deal origination / screening and the recent ECT claim distribution which cements the Company's new forward US onshore gas and helium strategy. The Company is also pleased to announce that, to fund the investment, it has raised gross proceeds of approximately $1.7 million via an equity fundraise and loan note issue, further details are set out below.

James Parsons, the Company's Chair, commented:

"We are delighted to share our forward strategy for the business, centred around the highly profitable US onshore gas markets and the short supplied, high value and exponentially growing global Helium market. Helium is a key requirement for many aspects of modern life including medical devices, super computers and data centres. We also expect a significant increase in demand for natural gas in the US and elsewhere to generate electricity to feed data centres and to power the artificial intelligence revolution.

Our initial investment in GNG and strategic relationship with American Helium provides Ascent with access to a sizeable midstream business in a safe jurisdiction with significant upside, alongside potential future equity upstream production and operations. The world class GNG and American Helium teams are highly synergistic with Ascent's executive and we look forward to success together.

Some serious money been invested here buy Gng Partners to acquire helium assets.

I just hope Lejjb does well, seems a good guy and has positive attitude.

Katstrangler

why are you crying on this bb now,

you deserve to lose.

I was being positive about This company,

however you put water on my positive energy.

Sp will drift because no Earl going to come and say good about this Company and rightly so....

why should I when my positive gets shot down.

I thought it was a good price to buy below 2p

however Derampers wanted lower and lower

Thought I'll let you know on my Investment

bought 0.95

Sp hit 1.5p

mikeP

company is B**e

can't mention it here nor allow to post on Block Energy bb