Member Info for stockdale

Some have received emails from the British Chambers of Commerce stating they can't say anything as it is down to the company to do so as there are AIM rules that have to be followed on divulging information. So we are reliant on Colin.

I would agree his £5K investment in AST isn't encouraging when many have considerably more invested. I, for one, have a lot more. I agree he has been economical with information over the years and we need more transparency. However I don't take the view this can have on some that he therefore must be telling us lies and misdirecting us. I also don't take the view that he is wonderful and we must adhere to every word he tells us.

Any company needs to get funding from somewhere. No company has funding to start with, unless they have a rich contributor willing to risk their money. Croz is one that always looks on the dark side. He's the one always preparing for the asteroid strike. The rest of us just have to get on with life.

Thanks joshua.

Marineville, you can always pick holes in the situation. The point of my post was 'the big picture'. We have gone from a descending SP from September 2017 to a position of imminent demise after the Monday RNS, through to the meeting on Wednesday and the upbeat RNS on Thursday. You could argue it's been contrived to create the current upbeat conditions. Nevertheless the current conditions are in place and there's less reason to look on AST's future so bleakly. So, for what ever reason, we are now in a better position. Not the best position, just better.

Always good to look at the big picture at the weekend. Up till Monday AST had been on a downward trend since September 2017. Monday's RNS was catastrophic for shareholders and many were frightened out of the share. Wednesday's meeting put a different complexion on things with a more reassured position. Monday's RNS was pointing to the imminent demise of the company. Getting the diplomats involved smoothed over the situation and has allowed things to progress. Before then positions were entrenched with ARSO being awkward and not wishing to help as they didn't feel loved.

Now sentiment has improved. The SP should move up above 1p and I could see 1.2p in the very near term and even more toward the end of next week. A successful conference call will help. Yesterday's second RNS should avoid the inevitable bickering and bitterness from many in the call. We should have a productive call with investors getting further informed. If any information is SP sensitive it can then be RNSed at 07:00 Wednesday morning before market opening.

An increase in SP from the downward trend should happen because of improved sentiment and because things are improving with AST. There will always be the doubters. AST is a risk. Life is a risk. We could be hit and wiped out by an asteroid at any time. AST is much less of a risk now.

May will ask: what has changed? We still need the permits. We still need funding.

The permits should happen with both sides now cooperating. Funding then becomes more accessible. Parties involved in the SR will be more willing to provide funding. Banks will be more willing to provide funding when they see a stable situation. And, dare I say it, shareholders will be more willing to accept a further placing, if it is really necessary. End result: Old wells getting reopened, PG10 and PG11a producing much more reliably, with funds to reenter them, and then who knows what the MCap will be?

When I joined in early 2016 even Whitematter was really helpful.

A few for the weekend sir?

Errr ... was that reso ramping? :-)

Tarot cards eh Jack?

So you can hold on to shares in AST over weekend, or buy even more, at an SP giving a very low MCap with permits on their way and the company getting sorted, or you can miss out. At 0.35p after Monday's RNS I was very concerned. After Wednesday's meeting and Colin's indication of progress I am now much less so. Clearly the 'market' also thinks so with the improved SP. It has just got the jitters currently.

Is that your real name? Suits you sir.

You're not invested here? Mind your own business then.

Will be processed does not mean it's been granted. Nor does it mean it's not going to happen. Some on here need to understand the value of the meeting on Wednesday. Cooperation between the parties is needed. That meeting involving people skilled in diplomacy should ensure the process is completed and the permits being granted.

If ARSO were entirely happy to issue these permits they would have been helpful with the application process. It would also have taken some diplomatic persuasion. Stuffed brown envelopes are not necessarily a requirement. Quite often just being civil, polite and nice is all that is required. The meeting on Wednesday would have provided that diplomacy as I don't believe Colin has the required personality. Hopefully the meeting has smoothed things over and the paperwork can be completed to everyone's satisfaction. Cooperation between the various parties will make all the difference.

He certainly can tell us things that effect the SP as the meeting is after hours and anything effecting the SP can be RNSed at 07:00 the next morning before the market opens. In fact he's done just that before.

He's admitted to not owning any shares here and is just a voyeur. Don't feed the Troll.

So many shares seem to act like this first thing in the morning. Large drop to catch stop losses and then back up again. Derampers disappear and the SP goes up. In this case it has every reason with the MCap currently at just £18 million.

Indeed EC. It's not always about what we're told, it can also be about what we're not told. Companies still interested, permits on the way. They can see the end goal of 200 million from the gas field and income for the Slovenian economy.

You're the only 'mystic meg' here this morning Teacup. You assert lots of sells when you can't know that. The designation of buy or sell is only based on the spread at the time and are often wrong. You deramp on emotional feeling about what may be happening. Doesn't take mystic meg to realise this is just returning to a more sensible MCap. The selling is profit taking from very low buying prices after the Monday RNS.

Volume increasing rapidly. Less than half an hour and already showing 43 million on HL.

A positive RNS would be about the SR and any takeover or partnership. The SP could then soar.