RE: slovenia gas12 Oct 2021 07:00
some info or thoughts....comments pls
https://www.calculat.org/en/energy-fuel/gas-consumption.html
Total production for the six months to 30 June 2021 was 751.14 thousand cubic metres of gas and 33,512 litres of condensate.
now gas for first six months year 751 thousand cubic meters or 7900 mwh @ mean rate 45 euro so 355k euro
and next 4 months assume 50k (reduced flow rate) so 550-600k euro
condensate is proxy 14 bucks 33512 = 470k drops off a cliff after 6 months so assume nothing more
so circa 1 million /2 costs so half a million.....but theres a cash outflow off 824k.....so where did 1.3 million go????
https://www.ascentresources.co.uk/wp-content/uploads/2021/09/AST-FS_30Jun21-FINAL-MARK-UP.pdf
During the period the Company raised £1m before costs in an equity placing in February 2021. There was a cash outflow
from operations of £824,000 and an inflow of £1,475,000 from financing, resulting in net cash flow of £651,000.
now the kicker....the rns they refer to in latest
https://www.lse.co.uk/rns/AST/corporate-update-cb2j6ry8gifgxt9.html
As previously announced the Company appointed an expert technical team to design the re-stimulation plans for the PG10 and PG11A wells and draft a revised Field Development Plan. The outcome of this work is expected to be delivered by the end of September and will likely form the basis of an environmental impact assessment submission. The Executives expect to be in Slovenia later this month and are meeting key partners and other in-country stakeholders.
so have they bought the stimulation gear and are testing it now....??? if so :-)))))))))!!!!!!!!!!!!
who knows they did say further updates....:-) 29th oct cuba date.....who knows....
info only what you do is upto you...comments welcome....well from real shareholders :-)
GLA and remeber dont listen to folk on boards!!! :-) DYOR!!!!!!!
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