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Haha Kashdog, oh disciple of colon. All I’ve asked is some genuine questions. If you can’t answer them then keep quiet there’s a good boy and wait for colon to throw you a bone again,
Anyone had a reply recently from Colin via email? He doesn’t respond to me anymore as I guess I have been quite pointed with him (being a cry baby evident when toys out of the pram for removing his dilution capability) so he won’t reply. Want to know what the resolutions are for the AGM.
From the shareholder evening there were a load of carrots dangled let’s see what happens in the near term with this- 1. Re work of PG11A without need for Permit - this is to get rid of the water I guess and stuck tool. John Bananaman now in place would love to see some progress on this. 2. Seismic result - said a deep exploration well targeting conventional gas again without need for a permit - JB the man again 3. New perforations in existing PG wells for proven deeper sands, again without need for a permit All of these are not permit dependent so want to see some progress, a steady increase in revenue until QTR 4 compressor would do wonders for market confidence and show there’s life in AST. The oil is also being touted? So what’s the plan, how will we recover. Hope there’s good news in the near future. If JB will be attending the AGM will make an extra effort to go and grill the hell out of him.... food for thought.
Stockdale. Okay let’s not dwell on the past, what do we expect to see now going forward. From now until December there isn’t going to be a miraculous increase in revenue, so more than likely another fund raise will be required just to keep the BOD troughs full, so rather than dilution further would like to see the BOD take some pain with us. Colin can surely see that, how about a reduction in pay and when production increases then a bonus as a sweetener, will focus him to perform.....
Good time to add more and average down, but think there’s still a further drop tomorrow as they squeeze this more, sounds like next news is Julyish, unless there’s more contracts announced before. Imho,
Think we are all frustrated and had just about enough of the games. The asset is good, all in place, just getting the darn gas out.....
If Colin manages to get the SP to 1p by the AGM we will not sack him just put measures in place for performance pay. Colin you okay with that??
Kashdog, which part of Colin just sitting by hoping and praying for permits instead of looking at other routes to increase well output was good risk management??
Still waiting to see what the resolutions are, I bet there’s one in there for dilution....
I think to be realistic, we can’t ask for colon to be disposed of, that’s where most shareholders then lose interest as fear factor kicks in, more a decent worded resolution which asks for more accountability.
Will set up an email address today for holdings, only need qty of shares held and let’s see what we can get to..
Be more interesting if someone has bought them up already or are the shares being held by the MMs to sell on at a later date when prices are higher or as some said have they already been sold and just being put back into system, wish I had more money to top up, great fundamentals here and most of all a CEO that owns more than half the shares....
Is it end of May yet???
Did we ever get production figures for April???
Only 3000 shares sold today, even the manipulation elements have given up on this share its well and truly dead....
Low pressure hydraulic crushing let’s use that, would love to crush Colin. :-)z
Think there’s still some massive sells going on in background hence why the MMs aren’t moving it up yet.
That’s the problem. Fear of the unknown, colon tried to get another opportunity and quickly came back rail between legs
Get your facts straight rather than scaremongering. I said have a resolution for performance related pay rather than just straight salary, he took 160k basic and then 200k share payment, wtf. Linked to performance then he wouldn’t get anywhere near unless he performs. Them wells would have had him sucking gas out using a pipe... :-)
Slowenian ministry to one side, the issue is the compressor tech should have been done before to keep well output higher, but Colin was more bothered about protecting his wage. Fact.