Member Info for HawaiifiveO

Sol633

You speak a lot of sense, once these guys get on the AIM director gravy train they simply can move from one company to the next.

The only way shareholders can extract anything is to decide whether a investment at near 5p a share is worthy, that would value ascent at £2.5m with £700k of cash. Can the shares go to 10p-15p-20p etc ? If you feel they can then buy some and try to average.

If you think the opposite then you have lost, sell and buy a packet of crisps as Winnifrith used to say. We have been shafted by events, woeful management and lies.

My view is there will be upside post consolidation, we no longer have Riverfort death spiral and Parsons & Co are good at 'promotion' the early days at Sound Energy the stock multi bagged.

Take your pick.

The fact is that Parsons has supporters, lots of them actually, he is high profile if not controversial.

Commentary suggests that to make money with Parsons companies one needs to be in early, he has delivered outstanding gains early doors - I have not followed the fellow but have read many postings about him, I would suggest those losing money lost it because they entered the investment at the wrong time or failed to sell with a decent profit, maybe being too greedy.

I do expect news-flow to come ahead of the meeting in early March, they need to inform investors of their precise plans. As for the placing price I think the shares were probably heading for lower levels anyway because of Riverfort selling.

Can the share price move back to 20p-30p or more, all depends on news-flow, the potential for upside is still there, the appeal, litigation, takeover, sale of the asset, corporate moves etc etc.

All is not lost, one thing in the city is that they look after No1, those in at 5p will want a decent profit, Parsons may want to prove his detractors wrong by delivering here, we will see.

One thing is we can be assured of media and news-flow from now on.

From August but worth a listen, have a holding here and waiting for news like the rest but one thing we all know is the shares move quickly on small volumes.

https://audioboom.com/posts/7348686

I will be posting my considered thoughts over the new regime tomorrow but in the meantime some commentary, I was correct is ****ging down the existing BOD, I smelt a rat around the time of the conference call and add that nothing Buggenhagen said at the investor event last February happened.

It is now clear as to why we had the 1 billion volume day back in December and why Riverfort stopped their TR1 declarations - they almost certainly dumped their entire position that day at circa .10p and probably others who got wind of the .5p upcoming placing did the same. These same people have probably bought in again at .5p

It is also clear why none of the directors bought shares.

One must also look at statements made in the conference call by directors, who would have thought a few months later they would shaft shareholders yet again.

Castro & Buggenhagen reign has been nothing of a disaster - Buggenhagen wooed shareholders at the investor event in February saying that Ascent had a potentially valuable asset in Slovenia and they would do all they could to preserve that value, since he has given away over 50% of the company for circa £1m - the Riverfort equity deal has been terminated but note how they retained ALL of those remaining shares that were supposed to deliver £1m to Ascent, in truth AST probably got less that £300k. Riverfort have done very well indeed.

Historical events have been a disaster and the whole suite of BOD members have acted in a disgraceful manner and have done nothing to try and retain shareholder value, on the contrary.

I will be attending the meeting but would expect some material news beforehand.

Re going to offices, if only it was that simple, most AIM juniors do not have grand offices staffed by minions in London, the addresses given are usually pop up offices or rooms that can be hired, they are not places of work where directors attend daily.

JB lives abroad and Castro is a multiple company stooge, Hutchinson lived in Ireland, there is no way of meeting these guys in London offices, the only way to meet them is at the AGM or if they put on a presentation event like I attended last February.

The very fact they have not put on another investor event since the last February tells you all you need to know, it seems they are not attending the upcoming UK Investor and Master Investor shows either.

I see Sophie Honey (UK Ambassador) met the Environment Minister 2 days ago, in the old days when this BB was active and full of some optimism (about permits) this would have been a big deal and she may have tweeted about Ascent.

I would assume Ascent was discussed, after all they are one of the largest UK investors in the country, perhaps some news on the appeal is around the corner ?

https://twitter.com/HMASophieHoney/status/1227242557639258112?s=20

It is clear the Board have no interest in communication, JB closed down his social media accounts and Flagstaff are silent but posting on other companies BB's.

Whilst one appreciates Flagstaff can only do as the BOD instruct they are supposed to be a PR outfit and as such should be pressing for the company to promote and make itself available to shareholders.

The whole matter is a mess, I am mindful to contact the Nomad over a number of issues but if I do it could be detrimental to other investors, other poster shareholders who have been holding for long periods have a catalogue of 'irregularities' that do not align to historic RNS statements especially those ones used to 'justify' fundraising.

The Board should have commenced legal action 18 months ago such is the wrong doing of the Slovenian authorities, in particular the actions of Leben who posted on Twitter price sensitive information ahead of a Bank Holiday weekend resulting is significant shareholder value loss.

Frankly I do not think the BOD give a fig about shareholders, to make it clear I will be going nowhere until the end, whichever way it goes. For sure there will be another spike in the share price based on some unfounded speculation no doubt, question is from what level will it happen?

Riverfort are no longer declaring their holdings either - I bet it was them who dumped their entire position during the 1b volume day.

One thing you can be sure of with AST is NOTHING every happens under this useless BOD.

Come on Flagstaff put on another shareholder event I dare you to !

This interview confirms the reverse takeover and listing for CHX on the Singapore Exchange will be completed by end Q2 - this will result in Bezant having around £6m in liquid CHX shares - more interestingly the interview seems to suggest the after market in the said shares will be strong.

They also retain 20% of the Mankayan Copper Project which is described as world class - looks a great entry point into BZT ahead of material news.

https://www.youtube.com/watch?v=E31YF4od8Yc

BZT is only valued at £3.6m

Bird has gone quiet again, do folks remember the period pre Xmas 2018 when shareholders were considering an action group because the news-flow dried up here and Bird had made claims that never materialised - it seems we are now in a similar space.

I noticed also how his other outfits such as GLR and BZT are also on radio silence - I have to say when I saw him in November he looked shattered, his age is against him being a dynamic soul, what has happened concerning the proposed management changes at Xtract I wonder?

Many gold related juniors are taking off, some have already multi bagged - XTR being in the doldrums is down to poor communications and lack of PR, all things Bird said he would address.

It is a good point made when attending investor events or AGM's regarding what to believe from Colin, he offers so much by way of enthusiasm but delivers only a very small fraction in real time.

Oh has everyone forgotten about the $400k loan given to Moz Gold, will never see that back will we, a very 'strange' transaction.

Hopefully the share price will recover as the junior sector continues to re-rate.

Don't worry John Buggenhagen told us to be patient back in February 2019 - and told us again to be patient in December, what is the hurry, let the Riverfort death spiral funding expire (in August) so Castro can shaft us with another one.

They are barely getting £30k a month from it, it was supposed to be nearer 85k - well done Riverfort.

I have never seen such an inept performance from a BOD, it is though Hutchinson and Carver had this planned all along out of spite.

PRIM has 37m shares in GGP bought at 1.7p - so far their share price has barely moved, the market cap of PRIM is only £4m yet their stake in GGP has risen 250% recently, now worth £1.8m - Cheap way into Greatland

Nice to see the bears getting more desperate and frantic with their posts, they are stuck in the past, the stock market is a forward indicator and effectively Regency is a new company.

With so few shares in issue, only 89m, even modest buy volumes will raise the price disproportionally, first signs of that occurred on Friday.

Will it be 5p next week, possibly !

The float is getting tighter and so few shares to buy on market - 24m shares out of 89m locked in, add to the mix other TR1 holders who have no intention of selling.

Can see 5p+ coming soon enough - even at 10p the market cap would only be £9m

The bulls are taking control here.

Forget the past - new team in place, focussed to deliver, the bears won't apologise when the share price doubles/trebles from current levels.

Only 89m shares issued now, many of those are tightly held by long term shareholders who will not be dumping anytime soon.

10p a share would only equate to a £9m market value.

There are a number of catalysts here that have already been highlighted in historic RNS's

These being...….

The international entities that could provide funding for the mine
Various off-takers or JV partner
The trading arm (surely more news is due)

The share is so under the radar but so were many others that have multi bagged - best add or buy in whilst it is quiet before the herd eventually arrives.

I see Flagstaff are posting over at TEK another company where Castro is involved (along with a few others)

Perhaps they should be focussed on arranging some PR for Ascent, in particular get the lacklustre Board into a room where long suffering shareholders can get face to face with them - the last 'event' was in February last year.

No doubt this post will be met with a wall of silence from them but their function is to provide communication and they should be focussed on providing a forum for shareholders to speak to the company on a regular basis via, at least 2 presentation events a year.

The bashers will pluck at anything to try to stop people buying but it is not working - anyone checking the RNS feed for Regency will see a plethora of new holdings statements from some pretty well healed investors over the last few months.

The only real sellers at current levels are advisors (paid in shares) and the likes of Bell at Red Rock who are cash strapped, many of the 70m 2.75p new shares are held by previous shareholders who have averaged (probably from 5p+) and will not be selling anytime soon.

Currently the stock is well bid and the buyers are slowly taking control, when this moves it will be fast, you have to be in it to win.

IG are still quoting 4p to buy 1.25m

Unfortunately those that have lost their shirts under previous management will never let it go, this is AIM and there is massive risk.

Timing is key to making money and grabbing a good % of shares whilst the herd are still looking - now is that time, it is very interesting to see the shrewd folk who are well followed on social media buying in here right now, this will snowball.

If the likes of Andrew Bell at RRR and others want to sell near bottom no problem, these shares will soon be gathered by others, sit back and enjoy the upside ahead in my view.