That kinda depends on how much he wants continued access to the airbase there.
In 1982 a British task force used Ascension Island as a staging post during the Falklands War,[3] though according to Matthew Parris,[8] “...at the start of the Falklands conflict Washington at first refused Britain permission to use the USA-operated airfield facilities for refuelling RAF jets. Only after Mrs Thatcher intervened with Ronald Reagan did the Americans reluctantly concede.”
http://en.wikipedia.org/wiki/Ascension_Island