Member Info for Johnny1949

I have a 10k loss here , not on Facebook but very interested to see if there is any way to get the investment back !

Yes TPT a very useful contribution ....definitely looking up !

It is obvious that in a bear market this sp is going to the bottom ,no meaningful news till end of May but that does not mean at this price or even below it is a bad investment .However the company could do better on pr ...a lot better ...and there are still 4 fully funded drills to come next year ...so might not be a bad idea to buy over the next few months with sp less than nav ...seems like a good buy to me ...

The Mozambique agriculture business is the next focus ,sale for cash injection .imo

I agree Max I topped up this am and it is showing as a sell !

What in heavens name is going on ? Colin is presenting on the apparent benefits of investing in Slovenia at a meeting when a foreign company has apparently had insurmountable difficulties reviving an old industry on Slovenian soil partly for the benefit of Slovenia ? You couldn’t write it !

The company needs immediate legal opinion on European Court action ...if positive legal response they need to assess what the financial consequences would be ,then they need to put it to the share holders what the cost and chances of success will be and then all of the shareholders need to decide if it is worth the financial cost ....plan b would be to sell to the highest bidder 1p per share at most ...plan c I don’t think there is one .With Brexit we may not get too sympathetic hearing in the European Courts but if emotion is not involved we should get our money back plus a little more ,or settle along the way for around 40 mil or so ...to me seems like we have to go to court !

The point I don’t get is the resignation of the director of ARSO ,surely he was responsible for the delays ? It just looks like a put up job to delay or not grant the permits ,after 4 years it seems a bit late for the Ambassador to get involved ....for a minister to communicate by the press ,go on holiday for 2 weeks and not be contactable ,to resurrect the old objections thrown out by the court ,to use some objectionable emails as an excuse ...the whole thing needs a European Court decision and the company need the money to go there ,......Colin has emailed me and said that the BOD were willing to buy more shares in a raise ...as I said you couldn’t write this in a novel !

Personally I think the Slovenian Government should compensate AST with 50;mil plus interest and we should leave this sorry country and sorry state of affairs ....really you couldn’t make it up could you?

Can he override a European court judgement ?

This is just an excuse from a tree hugging minister ....must be totally illegal ,gone through the courts already ,seems like the objector is telling outright lies ...I think there is fracking near Blackpool ,an inquiry in NT Australia found for fracking ...scare stories when we aren’t fracking shale ....politics of ignorance and populism ....Slovenia does not seem open for business ...let the minister give us 50mil and expenses and we should exit ,let them buy their gas from mother Russia ! .....no fracking there I’m sure !

Could foreigners mean Russians ? Or is it a green stitch up?

I don’t understand whether he is being fired for issuing permits or the delay in issuing permits ?

Does not seem to mean anything but I think we need an RNS soon to prove up the business ...a chunky one will see this fly due to the relatively small number of free float shares ...moon or sun ...I haven’t a clue but I think the next RNS will give us a clue ...gla

This is a once in a year stock ,so many reasons to grab it, let’s see what happens on news ,should be on target as it is already proven up ....seems sometimes too good to be true ....I can’t see much downside as of now ,good luck all !

With the small mcap and very small number of free shares this will fly on a few chunky buys ...

I’ve been invested about a year now and to be honest I liked the last RNS ,it’s easy to be cynical ,but I could be wrong but I’ve no plans to bail while BVT are financially supporting this outfit ...I could be wrong of course but there has to be a financial purpose for that support and so I am holding ,noticed one or two sizeable buys ....let’s see how it pans out ,often patience pays off ! GLA

Small free float only 28 mil shares this can fly and will probably will with not a vast volume ...30-40 p very possible imo

This process beggars belief ,You couldn’t write a novel with a plot like this .....I have never seen such an attempt to wreck a company with a massive asset ...and where is our ambassador ...on holiday ! The British Government need to withhold any further investment in Slovenia and indeed the EU until their beurocratic procedures are clarified !

Are Bergen throwing their warrants in ? Will we get a TR1 ?