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True. I feel for him, but also feel that the ifs, buts, maybes in that RNS are empty threats unless he is gonna follow through. Plan to keep the lights on required. 1. Honest update on field license extension, what are the steps and when will an honest update be given on whether the extension is to be granted. He will say oh out of my hands, BS. Plan for field extension please to show you are in control. 2. Seismic update - what benefits are we going to see in the interim from works without need of a permit 3. The compressor, can we incentivise the supplier to bring in sooner as we need to increase revenue to allow the fight to continue. Basic project management is lacking here, sadly colon just goes from one carrot to the next
Wimpish update, Colon should serve the legal papers then report in the media before an RNS.
Post AGM, we need a vote of no confidence in Colin, we are basically totally stuffed now, and sorry he hasn’t managed this on risk mitigation, why should he continue to be rewarded for failure, he will pocket salary for delivering naff all. John B is on with the things that may help the company survive, what exactly is Colin currently doing apart from being a drain on the company... imho
Agreed. Even if the well re entry consent was granted, we wouldn’t have been able to carry out the work till we had some revenue imho. The compressor and sucking gas out / and the field license extension will be key, this is going to be painful but to be honest that was pain was expected till end of the year. Slovenia are currently taking Croatia to the European court, quote ironic as they are alleging the Croatians have driven the Slovenian banks into problems with the business practices, and then they do this to AST. Joke country, SLOWenians and ARSO les, what to do but laugh. Anger gets the better of you and honestly sometimes think bleed the wells as dry as possible, then before end of field license collapse them in on themselves, if we can’t have them then the SLOWenians can’t either.....
What’s opening SP predictions for tomorrow? Can see a decent volume as people take positions either way by dumping and running for the hills or buying in and becoming victims of Colins imminent plans. Still feel someone with a share interest needs to be on the board, but none of the shareholders support that as we spend most of the time stabbing each other in the back.
Arogance of the BOD, especially colon the feck face. An EIA is being requested, and the appeal was launched before the IPPC permit for the plant was granted. I’m interested in the field licence extension that will be key to securing a future for AST. The well re entry permit although important is a stickler for now with the ARSO les, so what do we do. We’ll increase gas output by whatever means to make the plant viable. Colin won’t do anything to prop up the SP in the imminent as that just isn’t him, the seismic and gas output is key. I am sorry but he has to go now. There is no future with him at the helm. We need someone with vision that can do simple risk management and sadly colon isn’t that person, he gets emotional toys out of the pram.
It’s the translation, I asked a Slovenian and he basically said that the environmental permit should be issued for the operation, ie it is needed, to secure it you have to carry out the EIA. Jure Leben the corrupt vile creature has also reared his head, am sure he has done this even though he’s resigned. https://twitter.com/JureLeben/status/1138852230558310400?s=20
Drilling the shallows needs money as well, the problem now is that AST are running on fumes, the BOD are the cost we need and don’t, without them we can’t run the company, but currently they can’t do jack.
More likely, he won’t start legal action as it will mean less money for him to milk for his BOD wages, he’s pigs have to eat,,....
Yep he did say in RNS - EU action was way forward.
Battered down again already. The MMs will be brutal tomorrow even though this is all priced in. Now is the time for positive risk mitigation, the field license extension an answer is needed, if that also isn’t going to be granted then AST are finished plain and simple, pains me to say that and all money gone. We have at least 5 months before compressor in place, with it can we effectively suck out all the gas we need, the EIA might as well be started same time as legal action, imho,...
https://translate.googleusercontent.com/translate_c?depth=1&nv=1&rurl=translate.google.com&sl=auto&sp=nmt4&tl=en&u=https://www.delo.si/novice/okolje/okoljsko-ministrstvo-potrdilo-odlocitev-arsa-o-potrebni-presoji-vplivov-na-okolje-v-petisovcih-194813.html&xid=17259,1500004,15700002,15700022,15700186,15700190,15700256,15700259&usg=ALkJrhhKTWy_1qy7j4GPBevoMkTwvv8vvw Now what. ARSO les rejected appeal and said environmental impact assessment is required...
This share has been that butchered that even the normal oh it’s wednesday and ARSO les issue permits are not posting..... :-)
Morning chaps. Another day of radio silence from the leader of the AST world, but sure he will pull some pots of Jam out next week before the AGM. Will be a classic like the fundraiser which was as bad as the kids with a note saying give me money, hungry.
Some sort of spike please to 2.2p and then run for the hills, alas but a dream. Colin in his coma till it’s time to get the begging bowl out again. Where’s all the news on the seismic re map, oil, exploring the shallows, new opportunity Croatia, all BS to keep the gravy train going.
Yep sorry 18th of this month....
AGM is 18th July.
Lejjb Good luck hope it works out for you genuinely. I have always only questioned what Colin is playing at but have given up, seems the same group who are lovers of the colon no matter how much further he destroys this company will jump on you anytime you say anything bad about Colin. Am waiting with baited breath on updates for the seismic, production values, the field license extension. They are all things Colin can update on and don’t need to blame the SLOWenians....
He’s busy planning the next fundraiser for his salary increase
That’s how much he thinks of shareholders no engagement