FF, the IPPC is worth a lot without other permits. Quick recap: compression equipment, increasing production, selling to INA, processing plant. In that order. Okay?
He's not the only one though and the combination with others here and on Twitter cause some to lose confidence and sell cheaply. I wouldn't want to give reso all the credit.
He doesn't need any encouragement to do down AST Ammu. He is one of the main reason why AST does poorly on such good news. His constant attacks on AST catch out the unwary. When they then sell cheaply the MMs keep the SP down as they pick up cheap shares and reso's prophecy becomes self fulfilling.
Large selling at this stage can only be from those who don't want AST to do well. They would have loaded up cheaply and now sell to keep the SP down. The MCap has been much higher than it is now, even without the IPPC. That tells you it has to be malicious.
Compression equipment. Keep saying it. Compression equipment doesn't need a permit.
Install compression equipment, increase the gas flow, sell more gas to INA while constructing processing plant, supply processing plant. Bob's your uncle and auntie.
Just got back and noticed the very high number of posts from certain individuals / bots. They want to tell you just how dangerous and risky it is to have a confirmed £200+ million gas reservoir and ten wells already in place. Of course some will shy away from AST when they see that. These environmental activists really don't want AST to do well. They really don't want their citizens to benefit from gas under their own feet. They'd rather just import it at great political expense.
Once the politics is fully sorted those previously in the data room will reappear. And there may well be others.
Politics sorted would be the Slovene government acting reasonably on permits and not continuing the infinite delaying that was previously present. As the applications have been in for many months already, with many hoops already jumped through, permits should be ready for issuing within days.
The prompt confirmation of the IPPC indicates the politics is getting sorted.
Asserting 'delusion' doesn't help your 'case' kelbells. We all recognise environmental activists now. Or maybe you're a disillusioned investor who sold up? No confidence in a £200 million known gas reservoir? Or just that you know how easy it is to persuade the Slovene government with exaggerated and false environmental claims?
Actually 3p would be about $70 million MCap. For a gas reservoir valued at £200+ million that's about right considering the share for the JV partners and the cost of getting it out.
Can it be understood that those doing down AST at this point are clearly either environmental activists or disgruntled investors who have lost out? I make the point for those looking in for the first time.
The IPPC has been issued. The implications of that are enormous for AST. An MCap of less than £15 million is ridiculous when the gas value is £200 million. Maybe not for an MCap that high but surely up around £70 million where it has been in the past?