focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
MOL 2030 targets 100% reserve replacement
Limited organic reserve replacement
nessecitates substantial inorganic moves
Focus on the existing hubs and adjacent areas
!!Preference for late-stage development or
producing assets!!
Proven excellence in operated gas production
Funding: The strategic review is likely to come good. (hint) if not EGM for a fund raise.
Permits: September
Future :AIM companies start from allot less than we have, in fact we are debt free. I am not joking when I say AST could go into wind farms in Slovenia or raise for another project. But likely is it will come good.
So what has changed?
In interview, 29/11/2017, at 6min 49 seconds Colin said ideally entering two wells late 2018 early 2019. So the only thing that has changed is funding. So this RNS is to give shareholders a reality check regarding future funding, if SR does not bear fruit.
https://www.ascentresources.co.uk/2017/11/29/core-finance-massive-scope-for-gas-production-in-slovenia/
.
Funding has changed and shareholders have got impatient, AST can still go back to the same way and think about new projects.
Who votes for an EGM we might need consolidation and the a ability to fund raise funds -other AIM companies have done it, we could look at other opportunities, Then this just turns AST back to any other AIM company from a better position.
Cast your vote for EGM here now
Who votes for an EGM we might need consolidation and a bility to fund raise -other AI companies have done it, we could start with other opportunities, Then this just turns AST back to any other AIM company.
Cast your vote for EGM here
To listen and possibly vote for the ability to raise funds for diversification into other projects, for example lets here about the neighboring Hungarian field other opportunities? Another AIM company could do this from nothing
Also to strengthen negotiation hand.
We sent a protest, no lets go back to business.
Every researched investor that posts here knows AST is more than likely issuing an RNS next week.
Most importantly, this company is debt free, profit making, cash flow positive and exporting gas to a major player in the region.