Ascent Resources Share Discussion Threads

[chinese investor] 13/4/2018 13:11

We are currently selling around 66,000 cubic metres of gas a day.
Once we reach the long term target of 1 million cubic metres a day (i.e. a fifteen fold increase) our annual revenue will be £60 million !!

Plus Revenue for Condensates !

This'll happen in 4 years time !

[chinese investor] 13/4/2018 13:00

So we are talking of an conservative annual revenue of around £4 million (to which £1.5 million for the Condensates should be added).
As our annual costs are £1.5 million we could pay for the CO2 Dryer in under 3 years !

[chinese investor] 13/4/2018 12:18

This is the sort of Revenues we'll get when we have our own CO2 Dryer.
You can add 1,500,000 euros annually to it for Condensates !



November 2017
18,800 MWh 376,000 euros


December 2017
21,700 MWh 434,000 euros


January 2018
approx 24,000 MWh 480,000 euros


February 2018
19,700 MWh 394,000 euros


March 2018
13,700 MWh 274,000 euros

[chinese investor] 13/4/2018 09:06

1 MWh = 94 cubic metre.
1 cubic metre = 0.011 MWh.

[chinese investor] 13/4/2018 08:29

Final Accounts this month !

[dave19w] 12/4/2018 20:16

Share price looking perky today eh chaps. Like what I see.

[1bluehorseshoe] 12/4/2018 13:56

Over the moon with RBD Mark. You don't see iis of that quality on AIM but what do I know eh?

[mark0419] 12/4/2018 13:49

Think people Are clever enough to make up their own minds without the influence of these sites.Hope you find an investment your happy with,doubt you'll find it on AIM.

[thetoonarmy2] 12/4/2018 01:33

I think lots of people misunderstand the accounts, profitability is nice but not necessarily the only thing to look for especially with non cash items like depreciation etc. The main thing for all O&G Co's is free cashflow that's the question we are getting cashflow it should start to turn around soon and IPPC would be a big bonus.

[1bluehorseshoe] 11/4/2018 20:47

Doesn't bother me dude done my bit for illumination. Such a shame. Good luck. Dyor peeps don't believe anyone on here

[mark0419] 11/4/2018 20:10

You said AST wouldn't get the INA contract signed now AST won't get iPPC due to environmental issues blah blah.What will be the next negative you spin....once iPPC is announced? Have you ever thought of working for Jeremy Corbyn? He definitely needs a good spin doctor.

[1bluehorseshoe] 11/4/2018 19:26

Recouping money significantly slower than through the Slovenian National Grid thus devaluing the field you mean? Risking an environmental melt down or a share consolidation?Might have to think about.

[mark0419] 11/4/2018 18:58

Making money month on month since November with money in the bank more wells to come online. Sitting on a field that Could yield £200 million. IPPC to land very soon. Good time to invest 1 blue horse shoe.

[1bluehorseshoe] 11/4/2018 13:36

Mark until the 43m is recovered AST aren't making any money!

[1bluehorseshoe] 11/4/2018 13:31

I understand it's only natural to defend your investment Mark but as you rightly say I did warn you. I have spent an extraordinary amount of time researching here as you know I wanted it to come good. Sadly the deeper I dug the worse it became and I felt I should share that information but what you do with it is up to you.Would you rather people listen to Temm?Anyway you said you'd buy me a drink for my research on LSE I guess that's changed? No emotion in business in mate.

[mark0419] 11/4/2018 13:28

Seems like 1 blue horse shoe knows more than the CEO when he mentions hugely discounted prices with selling gas to INA .lol I'm sure he works in lidls with his big discounts.lol43million is not a small amount for any aim company.........most don't even make a euro!!

[mark0419] 11/4/2018 13:18

Thought it wouldn't be long before 1 blue horse shoe shows.......you going to tie yourself to a tree to stop this IPPC no doubt.Your suddenly a green activist....you've said AST wouldn't get the contract from INA and it was only worth 2.5p when we were at 3p when we were at 2.5p you say we were worth 2p. You give bigger discounts than lidls.You must be the most negative person trolling the boards. What boiler room do you belong to, how much do you get paid?

[chinese investor] 11/4/2018 12:51

Good to see the Central European Day Ahead Price above 20 euros per MWH !

[1bluehorseshoe] 10/4/2018 22:28

Alternative investment in every way dragonboy

[dragonboy] 10/4/2018 22:12

Iblue


I think companies do trade at a discount of 40% to NAV, am I correct in this?

I do not know Aim trading at fair value. It seems you are an expert, no me, alas.

[1bluehorseshoe] 10/4/2018 21:53

The penny hasn't dropped (pardon the pun) yet they've been polluting the local river. It's only a National Park! IPPC in jeopardy? I think so and the existing licence!

[1bluehorseshoe] 10/4/2018 20:40

Happy to oblige Mark

[1bluehorseshoe] 10/4/2018 20:39

It's only value is the 43m it can recoup, now that 11a is in doubt and the fact it's hugely discounted gas being sold, valuation is about right maybe a bit over.The asset is Geonergos as is the concession so the JV contract is the only true asset and that's with AST Slovenia. Dyor

[dragonboy] 10/4/2018 18:40

I think Colin needs to cancel the options at 1.85p

and re-issue new ones at 0.95 or 0.5p in due course, he deserves it.