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Think we are at the point that so many of the market have been scared off by the slow progress that there are very few that are prepared to invest in the AST story, so we are left with those currently in holding for the end game to play out, we've also been at these levels so long anyone wanting to have averaged down will have done so. Hence why any announcement like this mornings doesn't hold for long.

Some people seem to forget the dynamics of the market, there needs to be constant demand for the shares to sustain a rise.

No doubt some will come on here saying that I am negative, afraid some people just don't like the honest truth

We are at the stage where I don't think many of us can truly understand the potential gains from here, that said we need to get ink on contract for it to be worth anything, I am now of the mind-set to sit back and wait, not get taken in by the numbers thrown around as there are quite a few different options as to what the deal could be in terms of field & deal structure so too many variables to fathom out ?

I just feel that we are edging closer to the light at the end of the tunnel

Plenty of news to come on many fronts, Sarawack, Tunisia & Wick each on there own should take us way beyond 5p

Van, I'm sitting in a decent position here having purchased back in Sept & Oct17 so 3.8p & 5.4p certainly not shorting it

As it has been for some time, it is a case of sitting & waiting, it is all speculation & guess work.

I guess its got something to do with hearing the same thing so many times, does the phrase " boy who cried wolf " make sense ?

In AST terms " coming weeks " could be any number 2 to 100 ?

They can't seem to get this closed off, nor can they conclude the strategic review, it's dragged on so long it now a case of desperation

Gut feel is that this is dead in the water and we are moving towards the inevitable, there is a slither of hope / desperation that one of the theories below could come through, but for me the 1st sign of this would be a certain Mr Hogan starting the pump on twitter, until then its a total blind bet

Gents,

Got to admire your eternal optimism, but todays debacle sums URU / Zorbas up, he is completely incompetent & not fit to run a listed company. I'm pretty sure that all this is being done solely for his own personal gain in some way shape or form, he certainly isn't interested in Share Holder value or investors. I believe he has basically conned people out of money, while other significant holders have done the same. I really wish that AIM was run in such a way that Zorbas was held accountable for the farce of a business & the way that he has run it.

Any ideas ?

I am now of the view that I wish I never heard of Zorbas or believed anything that he said, the whole momentous evening was quite theatrical with Hogan asking staged questions then nodding in delight at the answers that Zorbas was giving, knowing full well that he was selling out while ramping others in, & all of this while holidaying with Zorbas.

I certainly wouldn't be surprised to read one day that the pair have been caught for wrong doing in some shape or form, the greedy kid always gets caught.

No, its the BOD's lack of ability to actually do anything more than just pump out meaningless information with no substance or contractual impact financially, also doesn't help with the reputation of a few of the major holders and their ever growing negative reputations, they've cost too many people too much money and its caught up with them, this will be held down while they are still involved and none of the RNS's contain definitive financial benefit to the company.

Where is the Chinese finance that was promised.........

a greedy idiot !

For me I'm just glad that he didn't appoint Hogan or a surveyor from Swansea

it would be a totally logical thing to do, while it would give us a reduced cost base & increased flexibility I think it would also make us a far more attractive business for someone to acquire.........

is killing me, will we or won't we get King & OFD have deduced may have been happening ?

I really do so that all the LTH's get their cash back & hopefully some profit

I've been critical of Simon before, however I think that it's harsh to put the blame at his feet for lack of news, this is the fault of Alan, Damian & Nigel who I assume are negotiating the deals and so far are yet to close a deal ?

Evo, very same situation as yourself, just luckily I sold some at 3.8p (ish) to soften the blow, I think that the only way that we will get something close to what we need is a sale & dividend as any rise in SP I fear will be sold into, we're seeing this with the other JZ & LH shares, so MRS & ANR are both following the same pattern.

Makes of that as you will

There's also the case of the revenues from merchandizing sales, its a business model that is not normal for aim hence why I feel it is being overlooked currently, also DC is clear that the goal will be selling it on so it's just a case of lock & load

Totally, its a case of some being so blind they can't see beyond the end of their nose

Reso, fair point & totally agree with the use of the word debacle, I've held the view that CH wasn't fit for the role when I met him at Momentous. Luckily I took out my capital at around 2.5 so what I have left in here is a free ride, so happy to let it drift just incase something does come from it.

Like you say, the RNS's & other paperwork never seem to be completed properly 1st time round, that's nothing short of incompetence, although the die hard believe its all down to MM's, manipulation & conspiracy theory.

I've only kept my holding here out of morbid interest

can't believe that this is so quiet in here, it's like its all going un noticed, which I am totally amazed at given the quality of the recent news & unbelievable potential

Gents, just catching up on here today, and got to say as always really impressed with your powers of detection, I really hope that your super sleuthing is on the money and we get some reward for our patience, would be a welcome end to the URU trauma that we've been living

cash is king, they're struggling to generate it from the asset & they don't have enough in the bank, the lack of permit is holding up any outcome from the SR, all looks like the companies being choked out by red tape & delays

possible outcome is a distressed sale at knock down price returning almost nothing for PI's