Member Info for stockdale

On the face of it electric cars sound good. In reality dealing with used batteries will become a major issue. Currently there is no way to economically recycle batteries. Old batteries would be extremely toxic in landfill. Marginally less bad than expended nuclear fuel rods. At least they won't be radioactive for hundreds or thousands of years.

It's frustrating currently with Leigh Creek up and running and other projects looking good. However this is one BoD which I do trust and am sure JP and the other Directors are getting on in the background. It's just the AIM market doesn't like silence.

Why minden? We know what there is. We just need the Slovenes to appreciate what they have for local low risk energy. Ramping? No, just common sense.

It's certainly strange that the wells have been stimulated for decades and only became an issue with the environmentalists after AST took over in 2004 and started to look like achieving something. Only then did they step in and push the fracking and pollution threat on their population.

Gas in the ground, two wells operational and eight more just needing reopening. SP on the floor but chin hovering someway above. :-)

Certainly not a new joke. :-)

A joke New?

Ethical, a search on Twitter produces 'no result' for your username.

Can't understand the massive spread. Don't the MMs want to do business?

I don't reply to people in general. I don't know anyone here. I only know their board names. I reply to points raised only. Who they are by is irrelevant as I don't know them.

Keyboard warriors know all of the theory but little of the practice. I only suspect mismanagement by Colin where he might have done better. I also know the Slovene government has been obstructive and has delayed any decision making Colin has been trying to make happen. If you run your own business New80 you should at least understand the difficulties of doing so up against such governmental obstruction.

I don't know whether this has been fundamentally mismanaged. I do know that Colin has been up against Slovene government departments and certain ministers who don't want AST to succeed. That may well have created the impression of mismanagement when Colin has just been up against constant debilitating delays from the government. Known gas in the ground and ten wells already in place should have made this a no brainer.

I do know that constant frustration at the lack of progress has resulted in me monitoring LSE to check if anything is happening and getting involved with posting on this board to try to find out what is happening, as well as emailing Colin for the same reason.

It would seem we need the permits for the benefit of market confidence, and it's confidence that will boost the SP. We don't need permits to actually increase the flow of gas. That comes with the compression equipment.

Even when that is stated in the RNS we still get many who post here about the need for permits as if it is an essential to move this company on. It's only the opinion of the many who think it is essential who are not investing in AST until the permits are issued that is causing the stagnation in the SP.

A quote from an email from Colin in January:

"I have invested around £23k in the past – the £8k was on the two PB placings. There was £10k in the 2016 fund raising and a further £5k in the market in November 2017."

The impression is given that he thinks that is a lot.

WW, the question doesn't get ignored. I have emailed Colin about it and he has answered. The answer gives the impression he thinks he has invested quite a lot. He also mentions the options which, of course, take no capital outlay from him and just require the SP to go above the option price for him to make a free profit on the difference.

The concern is his apparent consideration that he has invested a significant amount when he just hasn't, compared to CEOs of other companies. I have been in PFC, SML and 88E where the CEOs and other Directors have invested large amounts and are often the major shareholders. Certainly not the case with Colin at AST.

dkok, read the last paragraph of the RNS.

Again WW, another downside. You are correct. It would have been nice for him to have invested like CEOs of other companies. Any chance of your glass being topped up a little? From half empty?

That's the downside ww. Any upsides you can think of? Gas in the ground? Ten wells already in place and just needing reopening? IPPC in place? Compression equipment on the way? New experienced COO now in place? No? Can't think of any?

Two weeks away and we're still at 1.62?

Currently the market is misunderstanding it with the SP where it is. Or they feel that Q4 is too far ahead despite the very low current SP and the likelihood of doubling, and more, any investment made now.