The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Great news for Ascent Resources.
ARSO have just proven they are incompetent and do not listen to expert advice. Clearly not seen to be complying with EU law and their OWN.
The Slovenian Times has just publicly shamed ARSO and good. It has always been AST put in a bad light and now its time for everyone to know who is truly at fault.
Coming by the looks of it.
New minister graduated from the faculty of criminal justice and security I see... well lets hope he deals with the criminal politicians that's have crippled ascents prospects so far and secures the permits.
Prediction will be that it details:
:Revenue for wells for the last month - average 0.4-0.45 MMscfd with revenue around 60,000.
:Legal team at an advanced stage compiling case.
:Details from the recent Q&A with a thank you to all those who attended
:Reminder that the permits are expected without further undue necessary delay
:Comments from Colin regarding the departure of Jure Leben
Lets see.
Will be released to market by the end of next Friday at the latest - earliest tomorrow morning.
Jure Leben gone.
Hunt talking with pm about UK investment and ascents situation.
No environment minister required for signing of permits
John making the absolute most of the current asset as it is.
Permits still on track pending possible EIA.
Thank you GB33.
BobTpt - I did a quick scan of the RNS's to find out what agreement was made regarding the conversion of shares.
It all depends on what financing agreement they can propose then essentially and like you said waiting patiently until the big agreement is signed.
Until then I guess selling off any rise will be my approach with this - could of taken 20-30% yesterday. I will next time.
So I have bought in here recently on a punt but have come to the following conclusion. Opinions welcome.
Great asset, but a lot of funding required - 600million or so..
Current overhang of a 10million loan which is being converted into share diluting current shareholders and then said shares being sold into any volume preventing the SP from rising sustainably.
Until loan and accrued interest is paid off the share price will rise on news but then fall back as converted shares continue to flood our market?
Thoughts?
Still intending on cutting my losses with AST soon if nothing substantial comes of the Q&A session.
I do not want to chase another pipe dream in Croatia - already waited years for a return on Slovenia which isn't happened - fool me once, shame on you, fool me twice, well you know..
Permits ASAP please ARSO or I am out.