Member Info for Edgein

MTFW,

Good man. I too have my ISA filled with these. The market will soon awake to EOG drilling the highest potential well in its history, almost drill ready now too, just a few more weeks. Should also be an active news period too as we approach spud with rig and logistics contracts to be signed. As you say significant upside on the rest of the block too.

As well as the main event the Irish government may also see sense and soften their approach to oil and gas development, that would put Inishkea West back on the table again. Fingers crossed a large discovery in EG and first gas would put then in a strong position to progress those Irish assets.

Regards,

Ed.

This small placing will tide them over for a while, at a small premium to the current price. Looking forward to seeing the final details of the award this month, nice to see some large volume trades recently too.

Cam agreed, some one is keen to put £400k in just ahead of the ICSID result. Obviously there is more to AST than just the ICSID vs Slovenia, Utah wells could have huge upside for those that say longer than the upcoming main event.

Regards,

Ed.

Well that came pretty much out of the blue. But in the very detailed RNS they lay it out in great detail the rationale behind the move. All sounds good. Controlled growth with focus on development and cashflow rather than exploration. Sounds like the next stage of growth is going to be even bigger than the first!

Regards,

Ed.

It certainly is encouraging that the company believe that the completion of the farmout to Fuhai is only a matter of weeks away. They received the approval from EG in good time, they suggest the Chinese approvers are now happy with the application and only require a 30 day extension to get final approval. That is the kind of news that shareholders in SNDA or TRP would love to be reading right now. Still making progress with drill planning from the sounds of it for an early 2027 spud. Almost there in terms of farmout completion from the sounds of it.

Regards,

Ed.

IAW,

Shouldn't be a problem, it just like selling an asset that has a small royalty on revenues from one well, that would just reduce the sell value marginally. The main value there remains in the current reserves and future production from future development wells. The revenue swap deal was only for W-1 production.

Regards,

Ed.

OAP,

It sure is a punt and not without its risks, but alternatively if they go into temporary suspension off the back of a potential large ICSID award they could be raising at a significant premium to the current price. Claim is for a maximum of 656m Euro, even accounting for the preferential shares etc its vs the £3m cap I still see it as well worth a punt and am looking forward to seeing details of the pending award this month. While the brine assets are early stage they're being funded by the ozzies and have large potential at this stage. But I bought solely for the outcome of the ICSID, fingers crossed.

Regards,

Ed.

RonnieB,

There sure is still good value in Wressle from the current reserves and developmental potential. The new drilling could send it well back into profitability for EOG. If the right offer came in for their UK assets I'd sure like them to take it. Going into the Barracuda well with a large cash surplus could be very positive. Alternatively development of the remaining reserves at Wressle could also be very positive for a couple more years of improved cash flow. So if Reabold or orthers wanted a cash offer for Wressle and Cloughton could be interesting. A paper offer/merger that may come for UJO, I wouldn't accept here as it would just dilute our interest in Barracuda with lesser assets at RBD.

We sure are undervalued on the UK assets, but we are imo insanely undervalued on EG which apparently is only 1 permission away from drilling currently.

Regards,

Ed.

Would be a good time to see some more news come out as the herd has moved on for now. At the MRE we had a lot of punters buying in anticipation and the MRE was really just the start. Scoping study for the Flourspar/Gallium/HREE going to make interesting reading for sure. Looking forward to hearing more about the talks in the US too, strategic partners/investors/DFC. Imo the best has yet to come this year.

Regards,

Ed.

Western extension confirmed by more high grade results, still open to the west and still on track for the 50% resource increase. Pretty shallow hole too at just 110m. Fifth hole could be a whopper as its right down to 450-500m. Looking forward to the XRF results of that next hole already! Exciting times for sure.

Regards,

Ed.

OAP,

Interesting, another reminder that the award is expected before the end of the month. Fingers crossed for a good result! With the large potential from then brine assets here, it wouldn't need to be huge to be high impact to little AST. Eyes peeled over the next two weeks, good luck all!

Regards,

Ed.

Also guys,

Interesting too that the Feb RNS also mentions some tungsten (0.9-1%) as the price of it has also gone through the roof.

Regards,

Ed.

Duster,

25 Feb 2026:

"These samples will be sent to the ALS laboratory in Ndola for independent verification of the XRF results and also to test a wider range of elements including Silver, Vanadium, Germanium and Gallium. The Company will announce the lab results in due course."

Samples currently being assayed for both Germanium and Gallium.

Regards,

Ed.

Well I have voted for all resolutions this time yet again. Will has reminded everyone again the cost of blocking this, I would like to think that noone wants another heavily discounted placing. Having the company call an EGM any time they need funds is self destructive. AST have just said they'll need to raise funds soon and they're now -30%.

Regards,

Ed.

MB,

There is a pretty small free float on this one it seems so it swings on the drop of a hat. Seems like the market is starting to pick up on recent news here. Just imagine if the herd shows up.

Regards,

Ed.

Aprog,

That's just for the shallow ore too, just imagine if the assays at widowmaker (2km) come in too and what may lie between it and M2 another 1-2km or so. Exciting times for sure. If all goes to plan here it could be shallower and larger than our neighbours. Exciting times for sure, we'll start to get a better and clearer feel for things once the drilling starts. 4 trench assays and in particular the trench at widowmaker should make for interesting reading.

Regards,

Ed.

BB,

Thanks for posting that, straight from the horses mouth.

Regards,

Ed.

Another very good interview to summarise things. Good to hear that the US listing will be promoted later this year as the drill results come in. I'd like to see some more of these trench assays in the meantime.

Regards,

Ed.

Oap,

With the result expected this month we won't have long to wait to find out!

Regards,

Ed.

Another strong result with 29.5% zinc over 19m with the top 9m being circa 40% zinc! Also very good to hear that the ore body remains open at depth and laterally. Hopefully have an impact on the microcap at some point.

Regards,

Ed.

Ian,

True, Zeus still see fair value as 8p per share. The only reason it fell back from 4p was that people didn't understand the financing arrangement with Zeus. The assets remain as robust as ever, well even more robust now that the HREE is widespread. Probably even further robust when they start drilling again. :)

Regards,

Ed.