This company has consistently failed to honour their promises and has misled investors for as long as I remember. There is a clear trust issue and this is why they have so many problems with LTH's, JV partners and Slovenia.
IMHO
I walked away from this with a £15k loss, but was lucky to make it back elsewhere. Sometimes, it’s better to cut your losses and move on to something better.
This is not financial advice, i’m just my personal experience with you.
Good luck to everyone, especially during this pandemic.
Finally. I sold my 15,000 investment for a hundred quid. I learnt a valuable lesson. Don’t ever just take another person’s word for it. Do your own research and if there’s any doubt, then get out.
Colin Hutchinson did a job on all of us. I hope he is reminded of this for the rest of his life.
I have no idea. We’re usually the last to find out.
I was wondering if it’s possible that CH could have masterminded this whole thing. Knowing that Slovenia was in breach of so many of it’s own and EU laws and the percentage of investment dispute cases which are ruled in favour of the investor. This could possibly be the best move we’ve ever seen from a chess player/accountant/ceo!
Time will tell how this story ends.
:-)
Yet the SP has remained the same. Something is not right.
We talk about Slovenia being corrupt, but what about AST? Does they prefer II’s over PI’s? I think they do.
They’re driving PI’s out.
:-(
We’re not the only ones who are suffering from Slovenias bureaucratic inefficiencies.
https://www.total-slovenia-news.com/news/2809-us-embassy-slovenia-still-without-us-ambassador-after-six-months
This is interesting. I wonder what environmental risks would be associated with a nuclear reactor.
:-)
https://www.total-slovenia-news.com/politics/3840-us-energy-secretary-in-slovenia-interested-in-selling-nuclear-reactor-tech
Ah. The good samaritan!! That’s just what we all needed.
I’m sure we are are all fully aware of the risks associated with dealing with shares on AIM.
But thank you anyway.
:-)
https://www.gov.uk/government/news/british-embassy-ljubljana-statement-on-ascent-resources
:-)
It’s not all doom and gloom.
:-)
Gas exploration at Petišovci has long been the subject of criticism from local green groups, but the initial uproar over fracking opposition subsided several years ago after Geoenergo and Ascent assuaged fears about fracking polluting the groundwater.
Mihael Kasaš, who has spearheaded a local civil initiative that opposes fracking, told the STA that the group would "resist" the planned additional fracking, but only if it receives support from municipal council in Lendava.
He has sent a message to all councillors but has so far received a statement of support from only one.
*Slovenia ????
Not in the short to medium term. IMHO
https://www.geoplin.si/en/news/new-contract-natural-gas-supply-slovenia-signed
I guess this explains everything!
:-)
https://en.m.wikipedia.org/wiki/Corruption_in_Slovenia
The whole country is a joke!
:-)
https://www.total-slovenia-news.com/business/3192-pm-surprised-by-hunt-lobbying-for-uk-fracking-company-in-slovenia-we-operate-in-line-with-the-law
No wonder it’s so hard to get the permits approved!!
:-)
https://www.total-slovenia-news.com/business/3417-delo-hydraulic-stimulation-gas-project-driven-by-greed
Try @ethicalforyou
:-)
lehjb. I’m losing my patience with this SP. You should read my comments on Twitter. I’m venting all my negative energy on there!
:-)
What the heck! We’ve tried everything else. Maybe this might be worth a shot!
We did this at 88e and even i was able to walk away with a 300% profit.
Even we do it with enough conviction, we might even fool the MM’s.
:-)
They dropped the SP and widened the spread. I’d love to know the reason behind it.
This is one of the few shares who’s spread can change like the weather.
:-)