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Final Results
Ascent Resources Plc (LON: AST), the onshore
Caribbean, Hispanic American and European focused energy and natural resources company, announces its final results for the year ended
31 December 2020.
October 2020
Caribbean, and
Cuba through the acquisition of Energetical Limited in
April 2020, securing the exclusive rights to negotiate the production sharing contract ( PSC ) for the incremental production rights to the Cuban onshore oil production block 9B
· Entry into direct memorandum of understanding with CUPET (
Cuba s national oil company), to secure the exclusive rights to negotiate the PSCs for onshore exploration blocks 9A, 12 and 15, which in aggregate cover over 7,000km2 of license area which include historic wells with oil shows and discoveries
neil: so you would be for higher taxes on the wealthy. maze not ocasio-cortez higher taxes but you re open to that? yes, but also going back and looking at the capital gains tax, which has been a way to mask income neil: what about a wealth tax, congressman like elizabeth warren is talking about? it does seem to be a pattern. yes, i believe those are the wealthiest and enjoy the economic resources of this country should pay their fair share. again, i think neil: so they re not paying their fair share? the top 2% are not paying i don t believe they are. what i would have done, neil, especially for corporations, because i want our corporations to compete. i would have brought down the corporate tax rate to a lower point and tie it to companies that have profit sharing and equity sharing. you can have a lower corporate