RE: Conference call recording17 Oct 2019 10:37
Having just listened to the conference call I have to say I am astounded at the vehemence shown by some on the forum as it was going out live on Tuesday evening. It seems some have questions which either could not be answered directly because they were price sensitive or were from some on here who are clearly abusive in their posts about the company. I can sympathise with those who have lost money as I have too. At one time I had 25 million shares in AST. Not anymore and I only sold a small proportion above 2p as I believed in the companies asset to continue holding a large number. However being abusive helps no one, including the abuser.
The seismic is being dealt with although the processing is more complex than previously thought. They will not divulge the seismic itself but just the actions going forward in accessing the shallower levels.
The BoD have experience in Central Europe and are using that to help in their dealings with the Slovene bureaucracy. We can not expect to be told the exact nature of the dealings, as some seem to want. It should be be realised this forum certainly has environmentalist contributors and readers who would try anything to stop AST. Just look at Extinction Rebellion in London. Revealing all to us will provide the ammunition they need.
John did not say a lot as he mainly commented on just the geology. Louis made most of the running. He is the Chairman and that is his job. What JB did say was factual and to the extent that he could with the provisos I have already pointed out.
There was a lot more in the 20 minute recording and you should listen to it properly before going with those who just shout down the company on here. Bitter and twisted they may be or environmental activists who don't want to see Petisovci gas produced at all. Like the XR activists in London who are protesting a government which has wind and solar farms all over the UK and offshore the environmental faction in Slovenia is largely misguided. And what concerns there are are easily dealt with by legislation to ensure the gas is produced cleanly.