Colin's in Slovenia today I hear.20 Sep 2018 20:26
More meetings, but about what? Well I've gleened it was NOT just meeting Ascent people and NOT ARSO. So that just leaves everyone else! LOL!
All still hangs on the permits and of course we are still waiting. The RNS basically says the IPPC one is very likely first and fairly soon. That is good news. Not as good as getting the permits to re-frack but any good news will do!!!
Assuming we actually get this IPPC license I suggest we immediately take a photo of it with an old carera using the old film (don't want to accused of making one up on computer) then put it in a big safe. \It must be worth a few quid as I'm pretty sue there won't be another one anywhere in the known, or even unknown Universe. Bargain Hunt?
No, seriosly the IPPC permit would make AST more valuable as it is permission to build the water/gas/condensate processor on AST's land in Slovenia making that a viable option for any potential bidder to get the CO2/water removed before selling it to the Slovenial grid. As we know at the moment INA buy our gas less about 30%, then remove the CO2/water in Croatia before selling it to the Croatian Grid. Thus Until IPPC permit received INA have most of the cards. Once IPPC permit received another Co, other than INA could take AST out and process/sell the gas without INA's involvement. Hopefully one of the Co's waiting will be rather happy in the IPPC permit arrives as conceivably their bid to Ascent was subject to the permit being approved.
All IMHO.