Member Info for Pinguser5

One would almost think Happyzone has an agenda...

Spouting predictions based on opinion only. Maybe right maybe wrong! Don't be influenced & make your own mind up.

Nobody knows what is happening. This board is now starting to see individuals seeking congratulations if they guess correctly.

Just an observation...things may look different in a week or so. This result may force somebody's hand on either side and a solution may materialise because currently this stalemate suits neither AST or the Slovenian Government.

Not that I'm remotely surprised that we're yet to hear anything (AST never meet deadlines & timescales). In fairness to the BOD, they may have received news but are now considering some form of response or legal advice.

If nothing has been heard by close of business on Monday at latest then we once again have not been provided with the true story.

Bradis,

In the long winded history of AST can you ever remember a single deadline being met??

Ping

Even though the last RNS regarding the Government response indicated a timeline towards the end of next week, once again I was hoping that we weren't going to run up to that date.

Unless a meeting has been scheduled to thrash out a settlement - then again, no certainty that a decision can be made. Every situation with this company where a date has been set tends to overrun.

The anticipated run of the share price has not materialised. No reason to think this will occur next week now. If so, based on what?

Let's hope something positive transpires!!

Ivans.

I'd calm down on that call. Believe me the current BOD have nothing in this for investors - only themselves.

I've seen enough posts like yours for 5 years & nothing has materialised. Despite all of the hype the share price has remained at a similar level for the last few weeks & I expect that the institutional investors will get their returns & move on along with the BOD.

Paul 0410,

Hopefully I've demonstrated my passion for getting my investment back! LOL. Many genuine people have lost money in this scheme despite following a sound strategy.

I would advise following the comments of Tango on this forum - he/she speaks a lot of sense. However, like a lot of companies on AIM they produce nothing yet certain people benefit.

I know the rule regarding other shares - have a glance at Zoetic International & see how their business model differs here (Inc management) & see how they have turned a dead business around.

Good luck!

Ping

Paul0410 that is a perfectly reasonable question which I'm happy to answer.

I have to admit in hindsight I was a bit naive in investing in an oil & has explorer. I did my research probably 5 years ago but my lack of investing experience at the time failed to recognise the unhealthy relationship between Clive Carver & Henderson's. Furthermore, I was not impressed with Colin Hutchinson, but recognised his limitations as he was simply an Accountant & not a CEO. A further alarm bells was the reluctance of the BOD to personally but shares. Colin continually wheeled out interviews that progress was imminent & the co didn't need to raise funds. (I corresponded with him at the time advising him to approach the Slovenian media & raise the issues AST were having gaining permits -He replied personally thanking me & confirmed he was already doing so). Then 2 days after giving a further interview, where he stated there was no requirement for a fund raise, they in factct did an out of hours placing at around 1.67p. I then sat through a conference call where the Management failed to answer the questions I had put forward. By this time, the share price was falling & it was a matter of either holding or cutting one's losses.

The Management left but I tracked down Colin to his LinkedIn account. I gave him a few home truths about misleading investors some of whom had this scenario linked to their pensions. He read all of my posts but only enquired as to who I was.

Fast forward to now, where the share price has showed a slight recovery after being diluted to hell! I'm hopeful that I can recoup my investment & nothing more after averaging down. The background of the current BOD, particularly James Parsons speaks volumes for short term gain. ( just look at the track records, particularly Sound Energy!). Some investors who have recently invested & seen gains will obviously put a positive spin on this. AST are supposed to be an oil & gas business...however, they are now dabbling in special metals & projects in Cuba! The balance sheet relies on winning a legal battle not selling gas!!

Meanwhile Clive Carver continues to work in a similar fashion at a business called Caspian where again, little has been achieved. Hutchinson, like Buggenhagen has disappeared & deleted his LinkedIn account but I understand now raises funds for a company called Red Box ( or similar). The industry seems to attract Financial types with no actual experience other than fundraising!

All I will say is it has been a lesson learned & I hope it will have a positive outcome!

Ping

Doesn't seem to be reflected in the share price activity over the last few weeks! As a LTH I've heard all of this speculation before. I suppose we'll just have to wait and see. IT WOULD BE NICE IF AST ACTUALLY PRODUCED SOMETHING TANGIBLE ON WHICH THEIR SHARE PRICE COULD BE BASED FOR A CHANGE!

Not sure how much influence (if any) Align would be able to have on any settlement figure. This is being negotiated between AST Management & Slovenia or their legal representatives.

Hi All,

First time poster regarding Alien - UFO. I thought I was finished with AIM until I researched this company. I fully recognise the fundamentals are strong & the management is keen to reward shareholders. I also appreciate the contribution of a number of posters (I think we know who they are) on this forum. However, people whingeing about share price going up will not be rewarded to a great extent until the business is generating an income of some kind. I've learned to steer clear of hype now but when the business delivers news of a concrete revenue stream - then I think the price will start to move.

Stay patient - I don't feel you will lose any money doing so...

Ping

I think the reason that Share price is not flying is still a lack of trust in the BOD's intentions. So far they have demonstrated strong management but unfortunately AST does not have a great track record of rewarding PI's.

Let's hope it's turned over a new leaf!!

For those who are not aware...probably worth looking up Mr Daniel Levi's past.

Anybody associated with him speaks volumes!!

Oldblue. I hope sincerely that comment of Vermin wasn't directed at me. I see that you started posting a little over 12 months ago...I've posted questions to AST conference calls to Management that weren't even asked which spelt alarm bells! I confronted Colin Hutchinson on LinkedIn funnily enough just before he deleted his profile & scurried off to his next job. We did have a discussion though which he couldnt give an answer to that demonstrated his limitations.

I'll give you the benefit of the doubt at the moment as your investment has probably done ok in the short term. If otherwise, when you mention Vermin then you will probaby skurrie away swiftly likewise. Please don't make assumptions - not one of the current Management have anything to be proud about!

I see you like to put others down when they disagree with you. Bullies tend to hide behind keyboards.

Good to see that Oldblue has the refreshing optimism that I used to have! Lol!

Regarding the Slovenia situation I appreciate that negotiations take time and are complex but if we do not have any concrete news within the next 4 weeks then I fear that nothing has really changed with this business. Continual cycle of discounted placing with very little in return. I've been patient here for a number of years & I'm giving this Management with it's questionable record, a few more weeks to produce some tangible progress.

Just an observation...I am of the understanding that Malcolm Graham Wood joined the BOD in November. Perhaps one of our knowledgeable contributors could give us their take on what influence he may have had so far?

I would love to believe that long term holders will finally be rewarded but I really find it difficult to have faith in James Parsons given his previous short impact track record.

Ping

TinpotTrader. If you are indeed Colin then hopefully you'll recall the exchange we had on the LinkedIn site where I gave a few home truths!! Lol!

Apologies...after a bit of research - the major shareholder was Doug!!! In old money when AST price was 1.5p & looking like moving upwards he advised the board to topslice when it got to 4p!!! He owned several million shares. Bradis will recall him.

From memory the large shareholder may have been called Len??? Can't remember!!

I'm still here (only just...). Exchanged a few opinions with Bradis in the past. I reckon Tin Pot Trader was Colin in disguise!! Remember Whitematter also. There was also another guy who came across as a large shareholder & then moved into Ctag...enough said!!