Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
I have refrained from posting on here as is heartbreaking hearing how many people have lost massive amounts of money more than I have. I sold my holding today like many with over 50% loss, constantly down averaging has meant my average was 11p ish, and now am 22k down, my second biggest loss after Ascent Resources, good luck all and hopefully some magic rabbit does appear, the BOD are ready to throw all PIs under the bus and this will go up and down sp wise as games are played... imho
Why would John Bananaman refuse the role? The mug PIs have funded the BOD lifestyle for long enough to continue for this snake. Also interesting that the CASTRO Juan Car referred to face to face meetings with large shareholders, not sure who these are? Maybe he’s referring to meetings with the Colon and thinks his shareholding is considered large
Listening to the shareholder call again, shows again the total lack of respect for shareholders, this BOD think they are untouchable, time to wake up and remove these clowns, the company could run itself better than these clowns are doing and taking handsome salaries, the compressor cancelled even though when they wanted shareholders to buy into the crimray bid was John b the clown saying would provide excellent value and he couldn’t see why it wouldn’t push the SP above 1p
And commercially sensitive information can’t necessarily be revealed immediately!...
Maybe TPT before we all die or the company goes into administration the BOD may finally agree that there is no closed period, the last funds raised were supposedly for operational steps forward, nothing has been achieved nor is it going to be until the BOD have something to lose....
TPT there is no business plan, that’s obvious now. Moreso the BOD have squandered millions and achieved what exactly? Take the permit issues to one side, the first gas to Slovenia was all about them getting paid a bonus not about what was the best interest of shareholders. This company is now completely PI owned, no II holders at all, goes to show how much confidence there is in this so called imminent investment. Quite a few of us LTH have written our investments off, but it does hurt that these conmen are continuing to enjoy fruits from this company. BMD and sawn off gang were deemed the boogeyman by you and others TPT, quote oh look what happened to Sefton if you let BMD in, you know what nothing much different has happened just that at least with BMD he wore a mask. Your belief that there is still some master plan sadly won’t work on many of us who can see through the BS now, Castro and Boogyman are just milking the last few penny’s out of this company and sadly once again only the PIs are left wondering what if....
What exactly is anyone going to go? Tried to get people rally them together to hold these BOD accountable and no answer
Just games being played getting ready for another playing funds must be running low it’s a hard life running a company that’s cost 50m plus and not returned jack shizen
Everyone just complains and does nothing whilst the BOD have had a great Xmas on our money.....
The only way to get these out is to get enough of a vote behind it to force them out, there’s something very dodgy behind the 1/3rd of the company being traded a little time back, the cynic in me says that had something to do with the BOD to take control of the voting rights to force their own agenda, the 2 year INA contract and I believe the field extension they know they can box off. The next fund raise will be interesting, they talk about exploring the shallows by some miracle chance if the re entering of the wells is approved they can turn that 1/3rd of the company for a massive profit. AIM sucks and full of conmen.....
Think any of us would do a better job than these clowns, field development, order compressor, cancel compressor, drill more wells. Sounds exactly like that BS made up as it goes along to keep drawing a salary... act people get these clowns out, the company will run itself into the ground doesn’t need to keep paying these clowns. Field license extension no one tackled that, that would show a commitment that AST aren’t going anywhere....
So the INA contract is extended for 2 years, yet nothing on the field licences extension... time for action gents and why everyone just keeps on moaning and doesn’t do anything is beyond me...
So we talking about drilling the shallows, yet the contract for the compressor was cancelled as non viable? Bit if jackanory going on. Have formulated a response to JOHN B calling him a BS, but he ignores all emails, only way we can get attention from this clown is class action? We need to drive it to ensure it isn’t just a case of salaries being paid again and again.....
This was sent to JOHN B last week together with a lot of correspondence from various shareholders, I would like to think that’s what drove today’s nonsense update, full of BS again...
Dear Mr John B,
This is the first notification requesting that you respond to this email to confirm that you are still communicating with shareholders and will discuss progress of the company and current status. A number of shareholders have contacted this email address and telephone numbers with no response. I now have support from 9% of shareholders and should have enough % next week and will force an EGM if you are not willing to respond.
Bombard Boris with Tweets - if nothing else will embarrass Sophie useless Honey
https://twitter.com/tanymotors/status/1205937941702488064?s=20
Having watched the share price being slowly destroyed completely and eveytime tried to suggest that these clowns need to be sacked and being told to shut up, is now the time to force an EGM. I asked previously for commitment of shares and although a lot blew hot air on here no one was forthcoming with the actual evidence of shares to force the EGM. I ask you now, what exactly do we have to lose?
So I ask again commit your shares and let’s force the issue, we need answer at a minimum to the following-
1. Field License Extension? When does the license run out and why is the funding raised not been used to extend the license? Why you may ask well simply governments come and go, this would show that AST is still committed to Petisovci.
2. Legal appeal status - where are we upto?
3. Current funds what are they being used for?
4. INA contract? What exactly are we doing currently is any gas at all being extracted?
So I ask again who has shares and who’s committing to force the issue, what exactly have we got left to lose?
https://translate.googleusercontent.com/translate_c?depth=2&nv=1&rurl=translate.google.com&sl=auto&sp=nmt4&tl=en&u=https://www.vecer.com/petisovci-prijava-na-oecd-zoper-britanske-investitorje-za-razvoj-frackinga-v-sloveniji-10089288&xid=25657,15700022,15700186,15700190,15700256,15700259,15700262,15700265,15700271,15700280,15700283&usg=ALkJrhgRYC1PJUUmzXMqF9GhxURz93JgfA
Latest article, slap head environment minister doing all he can for a fracking ban in Slovenia, let’s see what JB does now....
Sent this to info3 email hopefully John B still accesses it, I guess it will make no difference if he is as cold as colon was but let’s see....
Dear John B,
Hope you are well sir and enjoying the fruits that Ascent Resources provides you.
It’s been a while since you arrived and promised a lot to shareholders, one being that there was so much that could be done without the need for permits, and many of us me included bought in thinking you would bring the SP back to a respectable level and at least allow us to recover our initial investments.
Fast forward months and the Share Price is at its lowest level ever, the BOD continue to draw a salary which is not commensurate to the progress the company is making, a leach which destroyed the company is still bleeding it for the last bit he can. What exactly do you see as a future for AST? I believe you know now that there is no way that any private investors will put anymore money in hence the run to riverfront almost same as selling your soul to the devil.
Where are any updates?
1. Current production levels
2. INA contract status
3. Status of the opportunities you talked about without permits
4. Appeal status
5. Legal case
6. Field license renewal
There are a lot of disgruntled shareholders who you probably couldn’t care less about as long as your salary is being paid, however karma is an amazing thing, and I sincerely believe that Mr Colin Hutchinson with all his lies will feel something sometime somehow, I hope you MR John B are different and will at least communicate truthfully on what is happening and where next for people who have invested massive sums, in some cases all their life savings in a dream that is now a nightmare. Look forward to a response.
Regards....
The BOD are as much to blame for all of this as the Slovenian Government, the EIA should be on going as a matter of course, back up plan to then say what next to the Slovenians. JB harped on about exploiting the field, nothing. Won’t even answer questions around the field license extension. Governments come and go, and would have liked to see the license extension done at least, but can’t get a straight answer. What’s happening with the legal case? Again no answer....
Force an EGM, this company is running in fumes and will be gone pretty soon. Better if one of us was in charge and just pay the BOD salary into the legal case, at least that has some chance of reward rather than continuing to pay this useless BOD. JB the c$nt promised loads of stuff that could be done without permits main reason why stayed invested rather than removing what little funds had left. Sadly JB is just an extension of the Colon. Force an EGM and destroy the company ourselves rather than letting the BOD milk the last funds dry. He won’t answer emails either JB, exactly what colon did as well, unless was time for begging bowl.
https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/19108
A good read from the past which showed the potential banded for AST in developing Petisovci, quite simply the gas is still there and just aren’t being allowed to extract it.
The conspiracy theory goes the Russians are involved, I believe this is all the sly SLOWenians, the hope is AST get bored, get bankrupt and leave, leaving the SLOWenians to extract the gas themselves at their leisure. Banded as the largest on shore gas field in Europe at the time. So the SLOWenians don’t seem so SLOW after all. Good luck all and maybe our luck will change someday similar to VAST or PREM, would need this Mickey Mouse government of Slovenia to be removed, but even with all their scandals they seem to still survive.
Anyone any news on the field license extension by the way? I’ve asked JB a few times but no reply. Believe it was 2020 to expire, think if nothing changes we will pretty much be bust before then, but hey ho....,
“Appeal against Ministry decision for re-stimulation of existing wells requiring Environmental Impact Assessment denied. Legal remedies being considered.”
Does this mean the appeal to the Slovenian clown court has been denied? No surprise there like....