Ascent Resources Share Discussion Threads

[1bluehorseshoe] 19/6/2019 13:59

By the time the compressor arrives the contract will be ending

[datait2] 19/6/2019 13:55

55p 2013, now 0.15p, didnt they do well !!!

[chinese investor] 19/6/2019 13:55

Our current revenues from PG-10 and PG-11A is around 50,000 euros a month.
If we could double that (i.e. an extra 600,000 euros a year) then a compressor would be a good idea.

There was a lot of vagueness at the AGM which is not helping matters !

[linesal2] 19/6/2019 13:49

How much they can get out. JB said a factor of at least 5 so 5 x more.

[chinese investor] 19/6/2019 13:44

"compressor will prolong life of wells and increase recovery factor"

What is the recovery factor ?

[datait2] 19/6/2019 13:42

bump it again

hey chinese man, guess who plus one'd the post on your other thread, have a good guess!!!!

[1bluehorseshoe] 19/6/2019 13:35

Consolidation can't be far away I'm afraid. Incredible really

[chinese investor] 19/6/2019 13:34

line,
Thank you.

[1bluehorseshoe] 19/6/2019 13:17

Sad to see LTH selling on LSE like Bradis he really wanted it to work, if only he'd acted sooner. Have a few quid in WDC if you're reading this mate, will be a good move very soon.Also notice a rumour of legal action against Colin and Clive which is long overdue.GLA

[chinese investor] 19/6/2019 13:08

Can't find it !

[datait2] 19/6/2019 13:04

bump it up

[linesal2] 19/6/2019 12:55

When JB was first set on, it will be on the website. It is in the corporate presentation Feb 2019. Clearly shows with permits and without.

[chinese investor] 19/6/2019 12:54

John Buggenhagen is ill - that's a worry !

[chinese investor] 19/6/2019 12:45

line,
What Presentation ?

[linesal2] 19/6/2019 12:39

If you remember the presentation where JB modelled gas output with and without the permits but with the compressor it looked very encouraging. Full steam ahead with the compressor I say.

[datait2] 19/6/2019 12:20

it is all a farce !!!imo

hey chinese man, try ban me i still post the truth !!!!

[chinese investor] 19/6/2019 12:17

We need to look at alternative ways to hydraulically fracture (i.e. not using water).
I'm sure the vendors would be keen to get onboard.

[chinese investor] 19/6/2019 12:15

Colin and the other directors need to take a cut in their salaries and part of their renumeration should be in Share Options.

Annual Admin Costs of around £2 million is outrageous !

[chinese investor] 19/6/2019 12:12

"The official response from the Ministry of the Environment has now been received by lawyers representing the joint venture.
The decision is being studied in detail and a robust response to this manifestly wrong decision contrary to EU law will be submitted in advance of the deadline on 15 July 2019.
This appeal will be heard by the Administrative Court in Slovenia."

[linesal2] 19/6/2019 12:09

We are the largest UK investors in Slovenia- Must stand for something!
The message to other potential countries wanting to invest is not good for Slovenia at the minute.

[jayrh] 19/6/2019 10:51

Going to EU courts let's see what appeal court says first

[digger2779] 19/6/2019 10:46

Never a good idea to take on a foreign govt. in it's own backyard especially if you are relying on doing business over there. Seen it happen many times over the years and all they do is tie you up with red tape until you have to call it a day and move on. Slovenia isn't the UK and probably don't give a gnats chuff about some little tin pot company running on a shoe string.