Member Info for foolsgold07

The companies positive outlook over the last few weeks with Hugh expectations
on future deliveries of their products suggests that financing has been covered.
Whether this is through a JV/partnership only time will tell but the FDA are obviously keen
and the BIG pharma's may be lurking in the background. Worst case scenario a potential buyout.
There is more upside than downside in my opinion.

We won;t have to wait long now ..one way or another this will be concluded....
Will they walk off with the shareholders funds or do the honorable thing and get a
deal completed.

3 Years

Nasdaq is up 3% at present

Yes Brom, I noticed this a few weeks ago, not happy bunnies are they?

The company is implementing a business strategy which is in keeping with any small
embryonic entity at the beginning of its Life,,,,,
A) A small number of restaurants per city
B) Ensures costs are kept to a minimum, retaining working capital levels
C) Ensures any IT problems are more easily rectified.
D) Minimize any potential customer problems during implementation period.
E) Increase staffing levels gradually (with new territory managers) as and when
business justifies these needs.
F) Then nationalize in accordance with Business plan later this year.
G) Potential acquisition possible as would be attractive to one of the majors
like JUST EAT as a compliment to their delivery service.
H) Fully Funded for the next 2 years, no dilution ...( a Hugh weight for shareholders)
I) Whichever way this goes = Hugh Potential= MCAP once National = 100M +
ALL IMO...

I have previously mentioned my concerns that for whatever reason = Colin was
very responsive to providing an operational update every month on production
figures up until April 2019.
We now have no figures relating to income generation for April and May and we are
only 2 weeks away from July.
The rather cynical view that I have on this is that these numbers have been reducing
month by month up until the last reported statistics. The concern of course is that working
capital requirements to keep the lights on is now not coming from income production but from
shareholders placings. The compressor i believe will not come in to effect until the end of the year
so no increase in numbers until 2020. In my opinion serious remuneration cuts are required in light
of the companies predicament. The other concern of course and I can understand the BOD reluctance
to issue proceedings against the government of Slovenia is that any legal result will not benefit AST with any
monetary benefits for years to come by which time you may reflect on the fact ...where will AST be in 4/5 years time.
Another strategic review from Colin and Co????????? How does he plan to keep AST's lights on!

Moneyhawk,,, ENI woud be a good fit.........Capex for 2019 ...8Billion...Cash flow 0.9billion.......
why not as good as any other option proposed....
This waiting just kills you ...as phrontist mentioned

Slightly worrying that Colin has decided not to provide any operational update figures for
the months of April and May,,,
Something must be happening behind the scenes,,,

With a positive result on Farm out News any ideas on MCAP expectations,,,bearing
in mind that we did get to 250M 2 years ago....

Fair point to you AJAX--- The warriors in 1979 - Yes a Great classic film,,I was in
New York in 1979 and using the SUBWAY to Coney Island and Battery Park,,,
Very much Gang times and the New York cops with their truncheons
Loved the period

Potential, FO..Big Oil companies at our door....Clearly the markets are not impressed

No mention or notification of this on the CGH website - only on Contango
Holdings Ltd....Noted shares site in nominee account as CGH Ltd....
If its a reverse take over will these share be then converted into Contango at the
prevailing market rate at the time of re-listing to the main market.
Figures mentioned at £0.60p per share if I'm correct.

You are editing the part........."But of course there is"?

Lets not forget the AGM is a standard operating function, purely to pass annual
resolutions. NO DETAILS ON TRADING POSITION needs to be declared.
Being somewhat cynical its in the Directors interest to be vague and non specific.
Whilst yes DW and board have skin in the game,they are also well compensated with
generous remuneration packages. They are clearly clever individuals with media savvy
presentation packages with plenty of glossy graphics which adds weight to the all around
competency of the company. However there does come a point when you have to ask some
serious questions, This FO was extended apparently at the request of the participates by an additional
3 months. We are now 2 weeks in nearly from the end of the process with the AGM on Monday with still
no word. Hopefully tonight or first thing Monday morning-but if it lingers past the AGM then well ( They could say
anything) and no specifics or details relating to the bidding process can be disclosed because of the
confidential nature of the discussions. WHO knows is there even a Bidder? But of course there is ?
>>>all will be revealed .......very soon I think= All in my opinion

Next month production figures are likely to be the last month of any note...
Unfortunately time is becoming critical...
Needs to pull a rabbit out of the bag pretty quickly or its back to the shareholders
for more funds?????

Although Duster is somewhat negative and repetitive =he does have reason to be....
Income is significantly declining (with only one more month left) #########
Expediture (working capital+ directors salaries is not sustainable
Any income from Legal conclusions is years away.
Directors strategic reviews have been somewhat disastrous (and thats an understatement)
As a CEO - well you make up your own mind, CH is an accountant.
New projects, well really whose going to seriously consider investing in a Business
whose directors are ////////////////enjoying the benefits of lifestyle salaries.
Is anything going to change,,,well do turkeys and Christmas comes to mind ..ALL in my opinion....

Although Slovenia has pledged allegiance to the European union the
country is still very much a vassal state of Russia. The natural resources business
enterprises are in the pockets of the Oligarchs which have direct allegiances to the
Kremlin. They have a monetary as well as a geopolitical vested interest in ensuring that
European business is not encroaching on what they consider is their territory.
CH and AST are unlikely to change the dynamics of this situation, As to the threat of legal
action .......The Slovenian authorities would probably laugh. ALL in my opinion.

There in lies the problem stockdale,
The book by Craig Unger, House of Trump/House of Putin opens the lid on the Russian
Oligarchs dominance of the natural resources industries.
Billions of dollars are made from the acquisition and resale of these assets.
Gazprom and many others are owned by the Russian state who fear the intrusion of
western business in there backdoor,
There in lies the problem -my opinion

A good RNS -likely Monday morning reference Oil Patches and hydrocarbons could see
our MCAP doubling to 130 M (2. 2 P) per share....
Likely towards end of March RNS giving commercial flow rates could easily see a MCAP
of 400 Million and then a FARM out announced on top,,,, target price by end of March 10 p plus.
That in my opinion is a conservative figure should good news be delivered...
NO oil, well difficult too see where we go from there....
But lets be positive we are due some very god news.