Member Info for RichTheNewbie

https://www.************/blog/nominee-accounts/voting-your-shares-its-important/

I read most of the stuff on here in general but can't remember any discussion about resolutions 5 and 6. Unless I'm mistaken it gives them authority to issue a vast number of new shares...... Resolution 5a = 756,270,229 shares Resolution 5b = 1,512,540,457 shares Resolution 6 = 340,321,602 shares So that's another 2,609,132,288 if they want! Which is more than the entire amount in issue now! (2,268,810,686) ( https://www.ascentresources.co.uk/wp-content/uploads/2018/05/NOM_2018-06-18_Final.pdf )

I do love it when you accuse me of what you do CMG. You go super rampy once you've bought and scaremonger when it's near the lows. Been ramping your backside off recently because you didn't get out on the spike and have become one of those locked in people you used to bang on about. That's rather dishonest in my book, and a country mile away from someone honest like me, who gave CH the benefit of the doubt for a while, until the factual information showed everything might not be as rosey as it appeared and therefore changed my view a bit and sold. Looking forward to you getting back to posting your old stuff again once you've sold: ASTRE: AST has not got...3 Apr '18 Aim4U You are missing the point. I liked whyAst1605 post this morning. He/she is correct. Colin has killed this SP at the cost of PIs. Who is going to get value for money here?. His longest holders who have been diluted to almost zero, or the new LThs who are now down 50% ? No it will be the traders who jump onvas soon as permit due then sell out again. GL ASTRE: AST has not got...3 Apr '18 Whyast1605 Good post on how colin sold his PIs out to clear debt. Bang for buck?? Still waiting on that one . Maybe in the year 2022 imo ASTRE: Scaremongering29 Mar '18 Rich. It Cash not Giro. And i sold some shares the other month at a higher price than todays price. As you know cause you commented on me saying so at time. So let's get this traight any time i want to buy back will give me free shares. But no i dont think i will bother at moment. Lets see what the never ending delay will be in coming days/weeks for permit . And we all know nothing happening after permit so mass sell IMO when it lands on any rise. ASTRE: At least8 Mar '18 I have been here long enough listening to colins bull. Even got suckered in a few times myself for a top up. ASTRE: At least8 Mar '18 Bradis Thats exactly right. I cant trust the board anymore and shall be out fully before the weekend. I have been selling in tranches since yesterday. ASTRE: At least8 Mar '18 I dont blame any one for selling out. Its a dead duck for all who are spike. They are all locked in now. And only traders buying here now for quick bounce. Imo ASTRE: Stable sp8 Mar '18 Some times you just need to cut losses and put it behind you.

lancs - no not investing here at the moment. I don't doubt it's possible good money could be made from here.....however it's all very uncertain. I don't believe any of the takeover fluff and think that was purely promotional to keep the SP up (and it worked for a while). It's not impossible the people they've employed, to tout it around, will find someone to buy it (or JV), but it's far from certain, and far from certain what they'd offer in terms of cash or development funding in return for what share. We don't really know the extent of how bad PG11a is, what are the likely resolutions and costs of those resolutions, or even whether they can fix it at all. I personally don't believe PG11a is quick/cheap to fix.....otherwise this "strategic review makes no sense imo. Therefore, under the assumption it's not a simple cheap fix, it comes down to them needing money. If they get a takeover for a good amount - great. If they get a JV (on good terms) great. If not it probably means nasty dilution. I'm not confident enough in the first two to make it worth a gamble. I understand if others want to take the gamble. None of us know how it'll play out for certain. There's a reasonable chance it'll do very well from this price and there's a reasonable chance it won't.

Usually the people who aren't thick Hardy78.

Nelly71 - CMG just did. To pick an easy example. As usual nothing being twisted. Just your own inability to read.

Keep dishing out the brainless insults dumb and dumber. Back on the 19th April I posted: "I think PG11 probably still isn't performing perfectly, they don't have enough money to get it up to speed fully, and this is what prompted this process. They're in a catch-22 scenario where they can't get debt because it's not performing, dilution would be excessive at these prices, as they say, and they just need to get to a point where the money is rolling in more to fund themselves." Looks pretty much like I correctly interpreted the RNS to me. You can whinge all you want. It's not me making the SP fall. Only a moron would believe that. Sadly most people listen to people who tell them what they want to hear. Rather than the truth.

Nelly - I read that. Hence my reply......you are obviously having trouble reading. CMG - Same old nonsense. PS - you seem not to have realised the share price has already fallen back to exactly where I said. You cretins all said I was wrong whilst dishing out thousands of insults. However I've been proved right again. You can't change these facts.

That's all you had to say Nelly. I asked if it was from ARSO and you wouldn't answer it. CMG - your insults are like watching the village idiot shout at traffic.

Say why you think it's June. You've already posted the information. Backing it up doesn't make it worse. It justifies it (if you can).

So you're posting information as fact again basically whilst not being prepared to back it up. Understand the previous ban now.

I don't want you to get banned hence I'm asking why you're saying by all accounts? Who are all the accounts by? If it's not come from CH (or the company) or the agency themselves then it seems like it's just your guess rather than by all accounts. If I said the IPPC decision won't come until 2020 by all accounts I'd expect people to ask me to back up why I'm saying that (whilst dishing out some verbals).

Don't really understand the "by all accounts" then. What's it based on? Asking arso is the only realistic other option.

What's that based on? I presume asking CH by email?

No worries Monarch. CMG - grow up you pleb.

fresh will = fresh well (friggin typos)

posting=position

1) You stated in the strategic review RNS that it's not going to be possible to progress things without significant dilution. Does this mean that debt funding is not a realistic either for field development? 2) What are the most likely options for resolving PG-11a, how much will they cost, and is there any chance you'll have to give up and drill a fresh will to target that sand? 3) Some people wonder why you aren't producing a lot more from PG10 to generate money to pay for field development (or fixing PG-11a). Can it realistically be opened up to produce at a higher rate or is it already being managed to produce the most it can safely by the engineers? 4) If there are no takeover or JV offers worth seriously considering what do you plan to do? Will you resort to dilution to get the company to a posting of self-funding (or able to get debt)? There's a few sensible questions any holder should want to know. The cheekier question would be: 5) A lot of people feel like they were deliberately kept in the dark as to the situation with PG-11a. Will you commit to being more transparent in future (providing monthly figures for production per-well would help).

He's still better than those crazy old bats Frances and Helen on Twitter. Think so far they've accused me of being various posters on here, an MM, a broker, working for an MM, pretty soon they'll be accusing me of buggering up PG-11a myself!

"Oil Capital is institutionally focussed and is aimed at asset managers, private client brokers, family offices, and wealth managers. It is also open to the high net worth community" So people to put money in. That could purely be to try to support the share price or via any other route (including dilution). Simply presenting there means diddly squat really. There's rafts of AIM companies doing it.