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Vast Res Share Chat (VAST)



Share Price: 0.405Bid: 0.39Ask: 0.42Change: 0.00 (0.00%)No Movement on Vast Res
Spread: 0.03Spread as %: 7.69%Open: 0.41High: 0.42Low: 0.39Yesterday’s Close: 0.405


Share Discussion for Vast Res


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hoffy71
Posts: 1,156
Premium Chat Member
Opinion:No Opinion
Price:0.405
RE: SMOKESCREEN
Today 19:51
In Zimbabwe, at one time, gold was a currency for food. In Venezuela if you had silver or gold you kept your wealth, seems to me that it might be a good idea to have a little physical while all these shenanigans go on, you never know. If the fed raise rates then, I think, a lot more people will be thinking about wealth preservation, if they stick the markets might see this as a good sign and pick up. Either way, with gold and copper I think VAST will be a winner - possibly a double winner.
 
hope2gain
Posts: 348
Opinion:No Opinion
Price:0.405
RE: SMOKESCREEN
Today 19:21
Dear Herby. I am working class and live in South Birmingham. I love going to the Southern Med for my hols and have not yet met a local who wanted the EURO. It was forced on them by politicians. I believe in democracy not Autocracy. I believe in electing leaders not appointing them. There is absolutely no reason why a reasonable trading agreement cannot be set up with the EU. They know their experiment is failing and that many ordinary people are sick of it. Wake up, the only real beneficiaries are the rich and powerful. they have doubled their wealth in 10 years whist tens of millions of EU citizens have seen their standard of living massacred. I am like you, just hoping the elite do not trigger the next recession before we have the chance to make a few bob with VAST. And Sandy, Like you really really hope the diamonds come good and are big and sparkly. I would even buy Herby a few beers. GLA
SandyShore459
Posts: 2,059
Opinion:Strong Buy
Price:0.405
RE: SMOKESCREEN
Today 18:55
hope2gain: there are problems but I personally don't want to rely on "big business" finding a way. *I* want to find a way. For me, this means the option of chilling out in warm places over olives and wine, in the sunshine, as a right, when I choose - partly because I enjoy it and partly because that's where my business interests lie. Much as I love my roots, I don't get switched on by flag-waving and drizzle. Anyway, enough from me. Good night all.

Let's hope we have some diamonds to chat about soon :-)
Herbieridesaga
Posts: 6,759
Opinion:No Opinion
Price:0.405
RE: SMOKESCREEN
Today 18:51
OK Hope - I give in - you asked for this - its the car companies (and other hi tech) that have said they will go if we have no custumns arrangement you moron. Once the car industry oes, all the software and supply jobs go as well. You and your little England shop keeper pals will then find that no one has any money to buy your non EU compliant knock down high margin rubbish - and those who are left here will all starve. I fully expect you'll be off in the Carribean or somewhere sunning yourself on your millions. The multinationals will be OK because they wil be building cars in Africa, India, the far east, and Latin America. Now stop misleadin people.
hope2gain
Posts: 348
Opinion:No Opinion
Price:0.405
SMOKESCREEN
Today 18:42
Have said it before will say it again. Brexit is a smokescreen, everyone has focussed on this and ignored the real crisis brewing. 114 Italian banks are effectively insolvent and Italy is broke. The French economy is a disaster and no one can reform it. Deutsche Banks exposure to the derivatives market is 46 trillion Euros.!!!!!! Don't believe me, check for yourselves, if this goes badly it could bring down the world economy mot just Europes. Portugal is impoverished, Half of Greek households have no one in work. There are former Eastern European countries in financial crisis. The ECB continues to produce billions of Euros from thin air and what does history teach us about the consequences of money printing, it never ends well. Why would anyone want to stay joined at the hip to this!!. I do not believe that economic Armageddon will result from us Leaving the EU, not that we will, Democracy as they say is an illusion, the elite give us just enough to prevent a French style revolution. The World is bigger than Europe and big business always finds a way. Just remember, Politicians demonize Russia yet are happy rely on their natural gas, politicians can never be trusted, they are divisive, hate each other in public, drink champagne and shorts together in private. GLA
SandyShore459
Posts: 2,059
Opinion:Strong Buy
Price:0.405
Save Us Andrew
Today 17:50
We need good RNSs to distract us or we'll all be chewing over Brexit, goodness help us!

Aaaaaarrrrrrggggghhhhhh!!!!!!
Bestmate
Posts: 903
Opinion:No Opinion
Price:0.405
RE: I am sure
Today 17:46
In short, an apple with pax britannica knickers on.. at ease
isas
Posts: 1,562
Opinion:No Opinion
Price:0.405
RE: I am sure
Today 17:44
AP you appear to be one of those (Reece Mogg) Brexiteers harping back to to the good old victorian days, in your enthusiasm yo need to remember the empire is no longer there, you have to conform to the new order with a set of rules that all have to be done individually and negotiated over a lengthy period of time, requiring lots of resources.
poiu
Posts: 109
Opinion:No Opinion
Price:0.405
Volume weighted
Today 17:43
We all know AP wanted a II buyer, as he said, somewhere between 5-10-15 percent of the share capital. So if the MMs shove the price down to .004, sell two hundred million, raise it to .005 then sell another two hundred million then do the same at .006 they can then start to raise the price as news comes along to allow the II to make their kill.

Their is so much good news to come, and very soon, it makes sense that we do in fact have our II buyer, which, if correct, is another milestone passed for the company and APs plans.
SandyShore459
Posts: 2,059
Opinion:Strong Buy
Price:0.405
RE: I am sure
Today 17:43
Herbie: it's an interesting one. It's certainly my view, though, that MMs take positions that involve greater risk than PIs can stomach, and that this includes short positions as well as long ones. How much risk no doubt varies. I'm no expert here at all, though I have tried to learn a bit from an outsider's view.
Herbieridesaga
Posts: 6,759
Opinion:No Opinion
Price:0.405
RE: I am sure
Today 17:38
Hi Sandy - and what is your view on this assertion that MMs carry naked shorts for as long as it takes - it sounds risky but they are all powerful and eventually PIs do cave in..?
SandyShore459
Posts: 2,059
Opinion:Strong Buy
Price:0.405
RE: I am sure
Today 17:33
Herbie: yes, we are going where many still (oddly) fear to tread. IMO Vast must by now be a paradigm case of value investing. But each to their own, DYOR etc, etc. Not advising!
Herbieridesaga
Posts: 6,759
Opinion:No Opinion
Price:0.405
RE: I am sure
Today 17:29
Anyway back to topic. If anybody has been following the UKOG board, someone was saying on their MMs are allowed to hold naked shorts in order to "make a market" ie supress the price as long as it takes to get their paymasters in at the desired price. All we can do is believe in the future and buy what we can afford at lower and lower prices until enouh have sold up for them to get their paymasters in and release the price again.
SandyShore459
Posts: 2,059
Opinion:Strong Buy
Price:0.405
RE: I am sure
Today 17:27
applegarth: lol. I blame it all on those frightful Leavers who want to wrap themselves in the flag and ignore the world's biggest single market of which - er- we're currently a member :-)

Pretty sure we can keep this one going till BPPM funding and Marange diamonds are confirmed.

Might be best to steer around it, though :-)
applegarth
Posts: 15,728
Opinion:No Opinion
Price:0.405
RE: I am sure
Today 17:20
I blame everything on the Brexit fiasco. PI's expecting dire straights if we exit with a no deal. Unfortunately they are believing the negative hype being spilled out by the 'remainers'. Another referendum would quite easily see Brexit won again by an even bigger margin. People are NOT liking the dictatorial attitude of the EU towards us, let's get the f/ck out and stu/ff the EU.
We were OK trading with the rest of the world before EU for over 400years. People need to understand that! We began the whole process of *overseas free trade, so why do we insist on letting the EU rule us? We won both WWars with our allies and now they want to punish us. THE TRUTH IS...Britain SHOULD BE HEAD OF THE EU and let 'those over there' listen to our frigging laws. Which incidentally were laid down by Magna Carta and followed henceforth by most civilised countries. 900 years of law making pulled to bits by a mob of EU dictators in less than a few decades!
Pull out altogether and let the 'idle member countries' ponce off the EU. iF WE PULLED OUT AND CALLED THEIR BLUFF...the EU would collapse with other countries following us. AND guess who will be next, FRANCE, yes frigging France, there's already rumblings, then ITALY?

* The first international free trade agreement, the Cobden-Chevalier Treaty, is finalised in 1860 between the United Kingdom and France, prepared by Richard Cobden and Michel Chevalier; it sparks off successive agreements between other countries in Europe
Herbieridesaga
Posts: 6,759
Opinion:No Opinion
Price:0.405
RE: I am sure
Today 17:10
They will never raise prices when you expect them to because they set the prices. The prices will riase when they decide. Even more unfairly they know who's holding how many and they have their sponsors who will be asking to buy a ceratin amount at a certain price region in a certain time scale and they have the power to make that happen - which means in order to acheve this, they have to get some of us to sell. So some of us have to lose in order for them to win - and that's why price movements never make any sense.
Mustang74
Posts: 182
Opinion:No Opinion
Price:0.405
RE: I am sure
Today 17:08
Been a few comments lately about the possibility of someone accumulating a position, this is the only reason I can possibly think as to why the S/P is being kept at this level. The diamond talk is too much of a possible sky rocketing rumour for this to have not gone upwards at some speed.
Bestmate
Posts: 903
Opinion:No Opinion
Price:0.405
RE: I am sure
Today 16:53
Yrab, I echo you sentiments 100%... to be fair though, there was a flurry of buys after the tweet.
That’s a big a rumour as you can get mate, from the Ministers mouth via Reuters.. this share is very frustrating
yrabsmurruc
Posts: 2,282
Opinion:No Opinion
Price:0.405
RE: I am sure
Today 16:27
I am confused.please help manage my expectations. I have been on aim a long.....long time and enough to know that aimers rise on rumour more than they do on fact. So if the news has been slipped out prior to formal notification that vast is one of zims fantastic 4 then why have we not had the SP reaction expected in advance of that said RNS. I would be amazed if peeps said...nope i aint gunna buy until its fact..thats not how aim works....in fact they would normally sell on the news. So are we actually expecting a rise on the announcement...just like the doubling we expected on BPL....that never materialised. Wondering when we may see 5s again....T2 perhaps...B
Pepco
Posts: 374
Opinion:No Opinion
Price:0.405
RE: I am sure
Today 14:06
And not only in Romania, take a look to the team he has gather in Zimbabwe, three new acquisition with huge expertise in Diamonds and experience in the country. At the same time partnering with Botswana Diamonds that despite its small size they are well known in Africa and have had important relations with the biggest diamond companies.
ian67
Posts: 3,771
Opinion:No Opinion
Price:0.405
I am sure
Today 13:24
With all AP's contacts in Romania , we have a top class management team to bring these mines on line early 2019. Some great posts this morning from both side of the coin.
SandyShore459
Posts: 2,059
Opinion:Strong Buy
Price:0.405
RE: 27.5 Mil
Today 13:14
Interesting points. The more ambitious and complex the Vast portfolio becomes, the more we need to start looking at the team and not just one individual.
Pepco
Posts: 374
Opinion:No Opinion
Price:0.405
RE: 27.5 Mil
Today 13:05
I think that AP knows very well what his strengths are, he has expressed that once that the licence was received it will be the operational management team of Rom that will push forward the recommissioning of Baita, as it should be if you want to get different projects running at the same time you need to step back of the day to day problems of each of the projects. It was quite clear in the Q/A that he wants to setup a different team to manage each project.

It will be completely different if VAST has only one project.
One_rogue_trader
Posts: 1,450
Opinion:No Opinion
Price:0.405
RE: 27.5 Mil
Today 13:01
Morningsun - yep, need a good MD or COO to compliment AP. Need to make some dollar though before we expand our wage bill too aggressively. Fine balance
Morningsun
Posts: 412
Opinion:No Opinion
Price:0.405
RE: 27.5 Mil
Today 12:52
Sandy, Fantasy, you touch on a good point there.

In this stage of the company dealmaking skills are crucial. That seems to go well with AP. That is a strength.

However, we are very close to where a good set of CEO skills are required to manage different dynamics within one company. This is where you convert a deal into a profit centre. BP is such an example. It doesn't require dealmaking now, it mostly requires good project management and operational experience.

A good CEO can guide these different company dynamics. Of this latter I have not seen evidence from AP yet and you typically do not find them combined in one person, the dealmaking and CEO skills that is. But who knows, maybe he can grow.

MS




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