Those interviews are really advertorials with all the question are loaded and preplanned by the company. Really needs to be asked pertinent question about moving the project finance forward .....Tony needs to live up to his reputation as a successful businessman not some BS politician .....
Some people have always had unrealistic expectations of the time it would take to get this project earning real cash. But Tlou is closure then ever before..... if it is successful then shareholder will be rewarded HOPEFULLY and that includes WHIZZER too
Yes it not like JP has done anything special .. other than reduce the amount shares owned by long term shareholders ( which i admit is not his fault) .. But for them to break even this share would have to explode to a couple of £ ... and that’s never going to happen ... also the lack of buying suggests that not many see this ending well either ...
This was a necessary evil to get the project going again ..let’s hope they kick on from here.. the AIM always drops to around the offer price ... hold for the long term benefit is my thinking
If you know the history of those two wells .. they will definitely need stimulation to get any pressure to sell any meaningful gas .. they currently don’t have a licence to stimulate and the income without will not cover the costs of producing it.. after the initial pressure that has built up since they have been shut off falls away it will be back to square one..
So what’s the plan b if the Slovenian government don’t play nicely......litigation? Cuba mmmm not sure that’s a real option without any cash to fund it .... dilution to pay the executives ..more than likely ........... it been about a year now and everything seems to hinge on the compensation payment....... not very encouraging all things considered
Nothing that JP or any of his crew have been involved in has created any long-term valve to shareholders ..... Sou, echo, etc make of that what you will... History has a habit of repeating its self...especially on AIM
It’s called a market people buy and sell some will be taking profit others will be impatient. It’s the way of the world on the aim. This project is a long term one everything will take time BUT hopefully the returns will be worth! News is hopefully on the way and this is africa so a week could be a moth or longer .. Stay calm
RE: The crux of the matter is....10 Mar 2021 08:33
Stick or twist ....but the the out come will be the same in the long term ... is this an indication of what’s to come from the Slovenians ..... some might call it brinkmanship but I am not so sure... given the history and the performance of AST Slovenia in the past
Nothing new in that article ..... truth is the Cuba strategy is yet unproven as yet along with new metal strategy.... which leaves the Slovenian non producing basket case and its potential damages claim ... not enough in it for me ... whilst they were screwed over by the Government...it not clear how much of the problem was caused by the inept last lot of directors and gung-ho attitude to the environment.. which may have an effect on the final figure of compensation payout.
This will only move forward and stay up when there is sustainable buying well in excess of selling and constant for a few days .. if not profit takers, the impatient and rainbow chasers will drag it back down. Positive news will do it and could if it’s Fantastic news it could propel it to new highs.. until then expect the yo-yo ing that it has done of late!