slovenia gas- was 100m mcap before20 Mar 2021 23:43
with or without settlement, now that our Slovenia gas is back to us and in production, has someone calculated with the revenue coming in, how much AST should be valued at ?
i recalled many years ago , AST was valued at around 100m just with that asset alone.
we now restarting the gas production, so surely that alone worth much more than our mcap of only 10m at the moment.
Plus, recent placing was for Cuba and hopefully will be a nice nickel asset acquisition there.
yes, short term setback, but even on current gas production should worth more than our mcap. that is to show how much AST sp has been in depressed for long time.
Nevertheless, any out of court settlement can still come at anytime as a bonus to us, now that Slovenia knows we are being serious and we have no win no fees lawyer.
sp may dip next week but i believe several large holders are not selling and yet they may buying more of any cheap price.
we are well overdue on the update of that Cuba nickel asset !
LTH has suffered, but any new investors may see AST as very attractive with low mcap and assets lining up. even several SPAC with low cash and no assets are having mcap not far from us !