Ascent Resources Share Discussion Threads

[mn100mobile] 09/5/2023 15:17

In for 250k today. Can see this flying soon.

[toolsmoker] 09/5/2023 14:03

Easy double his money here

[lammergeier] 09/5/2023 14:01

Mark Ian Horrocks has increased his stake perhaps he knows value when he sees it?
5.5mllion Shares to 8.921million

[toolsmoker] 09/5/2023 13:27

Above 4.1p and its back to 6.5p

[toolsmoker] 09/5/2023 12:27

4p about to go forever

[bilbosenior] 09/5/2023 09:34

Nice to see a little + movement.

[toolsmoker] 09/5/2023 09:10

Funding due at 4p soon .why would you not buy under that price

[linesal2] 09/5/2023 09:06

Whats occurring here then?

[silvergreyhead1] 26/4/2023 11:06

Certainly big buys hopefully some news is due and good news we deserve a break.

[chinese investor] 26/4/2023 10:38

Here We Go !

[chinese investor] 24/4/2023 12:51

What will happen if "we" win the arbitration and "we" no longer exist ?
(i.e. Ascent goes into administration)

Who gets the proceeds ?

[digger2779] 24/4/2023 09:29

Unfortunately I have a few of these all time low dogs dotted about my PF.

[chinese investor] 24/4/2023 09:15

All Time Low !!

[bad gateway] 23/4/2023 13:35

Don't these want to move into Peru next with any funds they get from slovenia?
Doesn't seem any safer than slo if they do imo.
Would be better of promising pi's they'll wind the co. up and distribute all funds to holders should they win the biggie court case imho. Its such a big win if they do get it there's no way they could top it only lose it on their next project.

[silvergreyhead1] 23/4/2023 08:06

Any money they get, if any, will find its way into the Boards pockets, not ours.

[chinese investor] 22/4/2023 13:12

Another possible EUR3 million revenue in July 2023 !

"Ascent continues to pursue its arbitration claim against Geoenergo in relation to the parties' different interpretations of the application of the baseline production profile and the number of wells ASL is entitled to receive a portion of revenues from whilst it is in a preferential cost recovery mode (i.e. until it has earnt back its investment of over EUR50M).

The Tribunal has been constituted and the first procedural hearing took place in March 2023.

The Company expects the final hearing to be in July 2023.

Ascent is seeking compensation of at least EUR3 million for its share of hydrocarbons produced above the baseline production profile for producing wells, other than PG-10 and PG-11A, in the concession area while it is in a preferential cost recovery position.

Further updates will be announced at the appropriate time."

[dodd5y] 22/4/2023 13:04

Over 500m claim in, I would have thought they would snap at 20m settlement. I feel it will be closer to 100m, an 80% reduction. Equates to about 70p a share

[chinese investor] 22/4/2023 12:50

Our market cap is £4 million - I'd be surprised if we settled for less than £20 million.

[chinese investor] 22/4/2023 09:50

On another matter why weren't us shareholders informed that the other wells (apart from PG-10 and PG-11A) were producing gas ?
Were these wells stimulated ?
Who is buying the gas ?

[chinese investor] 22/4/2023 09:08

Excellent !

[dodd5y] 22/4/2023 09:04

First meeting held over video conference yesterday

[chinese investor] 14/4/2023 20:38

Thank you - first ICSID meeting this month !

[keithlorna] 14/4/2023 08:26

https://youtu.be/VJGSB3r1Cds

[chinese investor] 06/4/2023 13:24

PG 11 awakens !

[digger2779] 04/4/2023 16:24

The stuck tool is sitting on the BOD...take your pick (no pun intended) as to who deserves it the most.