Ascent Resources Share Discussion Threads

[mark0419] 17/4/2018 16:59

For someone not invested here you tend to show up alot 1bluehorseshoe but for what reason???? I'm sure everyone knows your game now. How's the short looking pal???

[isstaaz] 17/4/2018 16:41

Well spotted. Someone's confident!

[tidy 2] 17/4/2018 16:35

£50k buy on the bell.

[1bluehorseshoe] 17/4/2018 16:32

There's even more lunacy on LSE.

[1bluehorseshoe] 17/4/2018 16:31

Nope. Suspect they know IPPC not happening and probably losing the one Geonergo already has for polluting the National Park. Bailing out. Obvious

[isstaaz] 17/4/2018 16:31

What a lovely thought! Who knows? Still trying to analyse the decision to sell. AST is a Producer with potential, geopolitical aspects maybe a driver for this strategy or maybe there is a decent chance of a good t/o potential. DYOR

[stealive] 17/4/2018 15:47

Ippc news tomorrow?

[isstaaz] 17/4/2018 15:07

Not sure if it is management or not, but had no problem getting quotes for selling all morning. So, there are buyers even at the today's peak. Happy to hold for now, I think this is worth a lot more. DYOR

[thetoonarmy2] 17/4/2018 14:51

Don't know but have anyone else had the same thoughts as me, maybe management are trying to buy this out on the Cheap!!!

[tidy 2] 17/4/2018 14:03

Ascent Makes Revenue For First Time Since 2013; Looking For BuyersSource: Alliance NewsShares in Ascent Resources PLC climbed on Tuesday as the oil & gas company went from "explorers to producers" in 2017 and has begun a formal takeover talks.

[1bluehorseshoe] 17/4/2018 13:42

So why would you sell it CI?

[1bluehorseshoe] 17/4/2018 13:34

They're currently stating 50m euro

[tidy 2] 17/4/2018 13:22

AST also have the right to recover the 40m past investment. That alone is 1.5 x current mcap.

[tidy 2] 17/4/2018 13:12

Let's not forget when Cadogen were looking at us it went to 7p! Although more shares this round, this has legs. DYORRNS states 10 x current.

[chinese investor] 17/4/2018 13:12

The Directors's Renumeration Went Up To £425,239 From £274,516 !

[chinese investor] 17/4/2018 12:08

So how much are we getting for our gas from INA ?
We got 303,181 euros (inc Condensate) from INA in November 2017.
We produced 291 barrels of Condensate for which we got 55 euros a barrel.
(condensate revenue was 16,000 euros)

We produced 18,800 MWh of gas in November 2017 and got 287,161 euros for it.

So we got 15.3 euros per MWh (European Next Day Price was 17 euros per MWh).

[waynz] 17/4/2018 11:55

Edit , Hutchinson not Henderson , note to apple , stop auto correcting my poor English

[wisteria2] 17/4/2018 11:53

Looking good for the strong bounce from way oversold....


2017 Highlights
-- Profitable, cash generative and debt free
-- Producing from a high value gas asset
-- Potential to increase production through well recompletions using existing infrastructure
-- Cash reserves of over GBP1 million

[1bluehorseshoe] 17/4/2018 11:48

Nothing has changed except they've basically admitted that they can't get finance without the IPPC so the cats out of the bag. Simple

[tidy 2] 17/4/2018 11:44

Zebediah16 769 postsRE: ReminderThis share price was too low , primarily because of perceived strategic drift. The company didn't feel like it knew where it was going This is a correction, based on a RNS which describes what the company is thinking . Its all very logical and sensible. We have a way to go yet To say nothing has changed is de-ramping

[1bluehorseshoe] 17/4/2018 11:42

Sounds about right, mission accomplished. Henderson paid off, company saved....bonus time!

[runner2018] 17/4/2018 11:37

clive said they have already been to look at other assets at meeting in march. sell this one for ten million to geo. raise. then pay bonus to clive and mates then buy a slice of something in europe. carry on paying the pay cheques.

[1bluehorseshoe] 17/4/2018 11:32

No sour grapes Mark, it says everything I've always said. Remember it's AST Slovenia in the JV so they sell that and shareholders will get a divi at best or Colin uses the money to buy something else. The only interested party will be Geonergo. Probably why he's using this tactic. Hope you do well on the hype, fundamentals haven't changed.