Member Info for Zebediah16

ZInguser

weren't there some Coup d'état attempts against Colin which he survived? I dont think anybody can dislodge him

I think Colin has pretty much secured his position
But buying shares would send a good signal

A year ago the vanadium price was around twice of today and vanadium was beginning its bull run. So the SP has held up quite well and reflects all the updates as you say

mysteron: didn't meant to duplicate but it is important, they are not harping on about it

Minister Juren Leben had imposed his agenda on ARS means he pressurised ARS to reject ASTs application. AST appeals to the Environmental ministry which unsurprisingly rejected the appeal becasue Juren Leben as minister

ARS is supposed to be an independent body : "the principles of autonomy and independence of the body and the work of officials were violated"

So the process of rejection is flawed

"In both procedures related to Ascent's pumping of gas at Petišovsko polje, last year Minister Jure Leben ordered internal control over the work of Ars. Supervision showed that there were pressures and threats in the proceedings, and that the principles of autonomy and independence of the body and the work of officials were violated. The case was taken by then director Ars Joško Knez."

all transactions are unknowns . Its likely that a transaction below the midpoint of the spread is a sell and above a buy. But they are still only guidelines. Its better to leave the midpoint transactions blank rather than say "unknown"

oh thats great I had forgotten about the June RNS :-)

I remember CB saying there was 18months supply before that in some video . That must be a the high grade component. They will start with that obviously so the earnings will be front loaded

AST needs to get the hell out of Slov if it survives as a company. So yes an out of court settlement would be the best case scenario. Interesting the company is not quoting value of damages becasue it could be politically sensitive. Or maybe I'm reading too much into it

Star Zinc has only got 18 months supply of Zinc ore at around 20% grades. Where is the 6 years come from ?? So GLR has to prove up Ka****u pretty quick

meadow : I was just joking. AC likes to cloak everything in an air of grandiosity at sometimes.

ka****u …
testing....

they are just working through the testing checklist
then comes the initialisation checklist

Yeah the appeal is obviously going to go nowhere, but protocol must be followed. This is a case for the "international courts" - does that mean the EU, to be fought to the bitter end

No mention of size of the damages claim in the RNS

:lol: Topdrive 'Installation' is not the same as 'Commissioning' which is not the same as 'Spudding'

Oh there is period of testing as well . Check there is no leaks in those hoses

well thats assuming he has an average of 5p which maybe a bit high > he has been buying from 8p but he has bought a lot in the 3 p range,

well thats what 50% cgt doest - you spend a lot of time planning your tax affairs rather than making money

according to my calculations, with these two transactions, with a 50% Canadian CGT, AC has acquired a Capital gains (loss) of 2*£30k=£60k

sea7: insightful series of posts though . Thats good research

"zenith is incorporated in canada "

what advantage has ZEN every received by being incorporated in Canada. It just seems a needless expense since the company is basically Italian. It buys all its kit from Italy ;-)

sea7: possibly this is all about AC's tax planning though I rather he didn't sell 3 million shares right now. It could spark a collapse. I appreciate that the company received £80-90k which it may well need

Its worth noting that cgt in Canada is 50%, beleive it or not. AC can also book a loss on the 3 million shares he sold, he had been averaging down and he books a loss on exercising his stock options. So possibly it all works out for him

He is good at this kind of stuff but not being an oilman

kb: agree with that - this RNS today means nothing gonna happen this week .