Ascent Resources Share Discussion Threads

[mark0419] 10/4/2018 15:29

Are we about to see 2 blue days on AST??Can't remember the last time that happened.Won't be long before the spin doctor comes along aka......1Blue horse shoe

[mark0419] 10/4/2018 15:25

Tem stay on your own thread and talk to yourself....you must of started about 10 threads now what the he'll is in that head of yours????? No prizes for the correct guess! !

[chinese investor] 09/4/2018 08:58

Up From Here !

[1bluehorseshoe] 08/4/2018 22:58

Good luck, I'm sure Geonergo will make it easy and cost effective

[lastoleave] 08/4/2018 22:51

2018 is about building cash reserves. In early 2019 I'm expecting more well recompletions paid for from those cash reserves.

[1bluehorseshoe] 08/4/2018 22:25

Where's the money coming from to pay for those wells? None to be drilled in 2018

[lastoleave] 08/4/2018 22:12

Five year plan
2018
2019
2020
2021
2022
CAPEX (€m)
0.0
7.5
17.5
23.7
11.6
Revenue (€m)
3.8
12.3
33.3
57.4
73.0
Wells producing
2
4
6
9
12
Average daily rate (MMscfd)
2.4
6.6
15.3
26.0
32.6
Annual production (BCF)
0.9
2.4
5.6
9.5
11.9

Look at the revenue figures from 2019 to 2022 if AST can achieve figures like that I'll be very happy. Don't forget we can claim 90% of revenues until our costs are repaid it then drops to 75%

[lastoleave] 08/4/2018 21:53

Well the shut down of PG11a well in March was disappointing but looks like most of the work has been completed,just needs the water removing and hopefully will return to normal flow rate. At least we achieved higher price for our gas throughout March from PG10.

[1bluehorseshoe] 08/4/2018 20:06

Courtesy of ma5k on LSE http://tellas.co.uk/Charts/AST_18-04-07.jpg

[dodge city] 08/4/2018 19:29

The clown in charge of this cowboy outfit more than negates any value that could be extracted here,

[1bluehorseshoe] 08/4/2018 18:29

They don't have any assets, they are Geonergos! They are in a JV with Geonergo and only a AST pay for ANYTHING, that's right Geonergo don't pay a penny! They hold the concession and the permit application. Every month Geonergo get 10% of revenue without doing a thing. Once AST recoup the 43m euros it will revert to 25%. By then, roughly 2022 the licence will be up.Hilarious

[jackrussell1] 08/4/2018 18:13

Why zero? They have virtually no debt and a huge gas field...

[1bluehorseshoe] 08/4/2018 18:11

The worry here, as few research properly, is that many think it's bottoming. Be careful with a company that has a history of consolidation.

[dodge city] 08/4/2018 17:39

Fair value for this is zero.

[jackrussell1] 08/4/2018 13:44

Just bought into this the other day. Hopefully all the issues are factored into the share price.

[chinese investor] 07/4/2018 12:36

Podcast OK

[temmujin] 07/4/2018 12:20

hutchison should be sacked on this decision...

[waynz] 06/4/2018 18:52

So what's your point CI

[chinese investor] 06/4/2018 13:10

The European Day Ahead Price had been around 30 euros per MWh at the time !
That's 9 euros per mcf !
So no way did Ascent receive 8.75 euros per mcf !

"Ascent indicated that it achieved a gas price of 8.75 euros per mcf in March, up 29% from the prior year.
This price compares to our assumption of 4.20 euros per mcf for 1H 2018 (weighted average price assumption)."

[chinese investor] 06/4/2018 13:07

AST reported March's output was 69% of February's.
Ireland reported 56%.