Member Info for EmeraldCarrots

Looks like something is REALLY up this time. We will see.

Looks like something is REALLY up this time. We will see.

for the big news......IPPC permit or result of strategic review. So if they are like me I'm not interested in selling at these levels. That to me is daft. So the mm's may be struggling for stock. They MUST be able to fill the orders they get. If they are running low they have to increase the bid to get more in of course. I think LOADS of holders are now in for the BIG news and have NO interest in selling at these levels.
All IMHO.

volume??? Maybe we will see a T10 doc soon indicating someone has more than 1%. If it's moving more on less volume then the MM's must be struggling to fill the buy orders. Only explanation I can think of. Maybe most holders are just holding for the big news, so the MM's can't find sellers................

All IMHO.

I think.

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2m @ 0.95p now I think. Any takers??

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When the bid was 0.75p and the ask 0.85p????
- Explanation anyone???

surely could get far more from the gas field. Why not drill down and then horizontally like other Co's have been doing for years. There is no ban on fracking in Slovenia. If Ascent apply for this in a few months time I'm sure the Slovenian Government will ok it in a few years time. LOL! Seriously though this is a field that would be developed over 15 to 20 years. Techniques are only going to improve. Any Co that buys out Ascent may be on a nice little earner....... in a few years time. There could easily be several wells producing into the Slovenian grid with the right Company, funding and co-operation from the Slovenian Government.
All IMHO.

co-operation to set production levels they actually stick too must be music to oil Co's directors ears. THEY ARE controlling the oil price and won't be letting it slip below $60 for the forseeable. IMHO this ensures the Sea Lion development WILL go ahead. I now hold.
All IMHO.

Looks like things move at a disabled snails pace in Croatia too. It must be best part of a year since MOL's stake in INA was put up for sale (after MOL and the Government fell out).
All IMHO.

I must admit they seem ideal as they also sell methanol! I mean there is a huge mothballed methanol plant within a few hundred metres of our well 10.

Ascent has gone from a Company in dire financial trouble 2 years ago to a Company generating a small profit from the two wells. I did not vote at the AGM but those who did have barred the board from doing a placing without first getting approval from the share holders. Looks like it's time for Ascent to stand on it's own two feet rather than tap the shareholders for money to run the Company and possibly expand. The board now know they have to be very careful with the money generated by the wells. It's game time. Also the potential jv investors will know that, unless the board get approval first no placing can happen. Everyone knows where they stand. Now we find out whether that data the 10 plus Co's have been looking at is interesting enough for a deal to be offered, or even a bid made. It has been NINE WEEKS since the RNS about the strategic review.. Two weeks to get organised etc. so around SEVEN weeks since the first Co's looked at the data. It can't be long now. Worth noting that Ascent can stand on it's own two feet as is of course. All IMHO.

no placings without prior share holder approval. So no placings at 10% or whatever less than current sp "out of the blue" like last time.No doubt some will not like this but considering the Company is now on it's feet financially I prefer the board cannot do a placing without getting approval first. Should support the sp I would have thought. Dilution far less likely. All IMHO.

Ascent confirmed just after xmass they had over £1m in the bank. Since then Ascent have been making a profit, or, when well 11a was out of action for a month breaking about even. Ascent may not have £2m in the bank. But they have a lot more than £1m. I guess £1.5m. Anyone else? All IMHO.

parkreg1. They don't need a back up placing. We have about 135 million rupees in the bank I think. LOL! (£1,500,000). There is plemty of cash in the bank for unforseen expense and in any case they could do a placing but would need share holder approval. No worries. Can't see any way they would need that anyway. All IMHO.

parkeg1. That is nonsense. Ascent have a couple of million in the bank and are (slowly) saving more money. They can do a placing but would need to be approved by shareholders I think. I fail to understand your concerns.Please explain.

a couple of million in the bank. Looking for a jv partner to develop a potential £200 million profit gas field. Would accept decent offer for the entire Company. It's obviously a decent share buy bet. I mean there is loads on news in the pipeline and next to no chance os AST going bust. Very low risk. Potential 2 to 3 bagger within weeks! All IMHO.

made available following the strategic review RNS of 17th April. So that's nearly 9 weeks ago. Say 2 weeks to register to look, then attend some of thse Co's have had the info for SEVEN weeks. We must be close to the end of this process. I think a jv is most likely but a bid would be just great! CAN'T BE LONG NOW. All IMHO.