Ascent Resources Share Discussion Threads

[astute person] 27/10/2017 18:46

Brilliant timing for a placing.
Chance to double your money in a month with little loss risk.

[mhin2] 27/10/2017 18:41

turbo, as is the cost of energy...its at least 1/8 of my total direct household costs.

[turbotrader2] 27/10/2017 18:37

Mkt cap is absolutely absurd

[mhin2] 27/10/2017 18:34

Been in and out, posted before...glad to get this opportunity to re-invest after some 4/5 months...seems at cusp of revenue generation...lets hope so...takes explorers a long time to get here. Hope I am right...

[chinese investor] 27/10/2017 18:19

If you are successful your shares should be in your nominated share account (not ISA or SIPP) on a T+5 basis (plus a possible 48 hours) !

[sleveen] 27/10/2017 18:18

Don't forget the coffee bean.

[terry hardacre] 27/10/2017 18:14

I need to clear my head. I'll have 15 pints and then log on to the Primary Bid website and make my decision with a flaming sambuca in my hand.

[chinese investor] 27/10/2017 18:11

Buy 300,000 at 1.66p.
Sell at 2.66p.

Profit £3,000 !

[sleveen] 27/10/2017 17:59

All gas and wind...

[temmujin] 27/10/2017 17:59

i wont be buying shares...rather get much more via spread bet at 1.7p and wait for the rapid rise later in week

[sleveen] 27/10/2017 17:57

Somewhat less than the 240k cubic meters/day the AST facility has capacity for.

The terms of the INA contract set an upper and lower limit on production calculated in megawatt hours (MwH). For the first two months, these translate into a range of 58,182 to 77,577 cubic metres per day; which based on the average rates over the last twelve months would generate revenue to Ascent of between EUR220,000 and EUR290,000 per month. In the subsequent ten months of the contract the range is 63,031 to 82,425 cubic metres per day; which based on the average rates over the last twelve months would generate revenue to Ascent of between EUR240,000 and EUR310,000 per month.

[terry hardacre] 27/10/2017 17:55

Yeah but why do you say that niceyman; be nice if true, but what's the rationale?The other thing I'm now pondering are the tweets from Col showing gas meters and flares. In the absence of an explanation for putting those lovely portraits on exhibition, doesn't that now start to feel a bit 'pumpy'?

[niceyman1] 27/10/2017 17:54

Think news will be IMMANENT????

[stevenb3] 27/10/2017 17:52

Lol Terry, sounds like months of waiting for the jam has left a bitter taste in your mouth. Let's hope this signature is announced soon and you can indulge like a hungry wasp.

[niceyman1] 27/10/2017 17:52

I imagine the lowest this will open monday morning will be 1.75-1.80 then will move up to 1.9-2.0 quickly! Think we will have news by next Friday.

[chinese investor] 27/10/2017 17:45

The cash at June 2017 was £2.7 million and nothing's happened since then !

[sleveen] 27/10/2017 17:41

In addition,

I do seem to remember that they professed to having lots of cash not so long ago.

[sleveen] 27/10/2017 17:39

PREM had a PB placing @ 0.3p and the share price sank to 0.26p.

wait for Monday morning and buy at 1.4p...those that are inclined that way of course.

[stevenb3] 27/10/2017 17:38

Hi Terry, what makes you say that the INA carrot is smelling a bit stinky? The RNA says that INA has signed the contract and we only await the signature of the ministry. Isn't this now as good as a done deal?

[terry hardacre] 27/10/2017 17:37

No sure I get that - I meant buy a chunk at 1.66p, wait however long to get them, and in the meantime sell an equivalent amount in my existing holding at a premium to 1.66p (if I can get that).I did something similar in an open offer at HUR last year and made a few grand on the deal.I'll be interested to see what the balance of view is on this, as I can't make a clear judgement right now on whether this is a wonderful opportunity or another chapter in the book of AST farces!

[waterloo01] 27/10/2017 17:36

It does take a few weeks to get the shares but this looks similar to HNR which turned a quick 50% profit and I'd be happy with that.

[chinese investor] 27/10/2017 17:33

If my memory serves me well the subscribers didn't get their shares immediately !