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Vast Res Share Chat (VAST)



Share Price: 0.16Bid: 0.15Ask: 0.17Change: 0.00 (0.00%)No Movement on Vast Res
Spread: 0.02Spread as %: 13.33%Open: 0.15High: 0.00Low: 0.00Yesterday’s Close: 0.16


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FirstTimeBagger
Posts: 663
Opinion:No Opinion
Price:0.16
Mercuria Loan
Today 16:47
Could someone please ask AP what the status of the $4 million Tranche A Mercuria loan is now that Manaila has been on care and maintenance for nearly five months now? The Q&A implied that this would become payable if operations were ceased at Manaila so it would be helpful to have some clarification regarding this to ascertain when this might be triggered or if anything has been negotiated with Mercuria? Thanks
 
V111JAS
Posts: 1,064
Opinion:No Opinion
Price:0.16
RE: Hopefully
Today 14:52
"The market will respond once vast has no debt and then has BP up and running plus diamonds."
I certainly agree that comment , however there are some serious obstacles before we get to that point , and this is not likely to happen in the next six months as some have suggested .
GL .
SandyShore459
Posts: 2,609
Opinion:Buy
Price:0.16
RE: Vast
Today 14:45
hoffy: I tend to agree - but I think it's already happening. He's been talking to these parties for a while and the disciplines are already growing IMO.
V111JAS
Posts: 1,064
Opinion:No Opinion
Price:0.16
RE: Leemorris :
Today 14:44
Have you had a chance to think about my question ;
`I also have a question for you : What relationship do you have with AP and how well do you know him ?`
Carrefour
Posts: 415
Opinion:No Opinion
Price:0.16
RE: Hopefully
Today 13:30
The problem has been where vast has too many assets before with debt and no profit incoming. Once the debt is cleared then the few remaining big assets can start producing profit so surely then this sp has to be well over 1p
Carrefour
Posts: 415
Opinion:No Opinion
Price:0.16
Hopefully
Today 13:27
The market will respond once vast has no debt and then has BP up and running plus diamonds.
piker1957
Posts: 270
Opinion:No Opinion
Price:0.16
RE: Change vs. lies
Today 11:55
My goodness we’re in the presence of comedy gold. To paraphrase Jim Royle sophistication my arse. Good luck with your £100 investment
piker1957
Posts: 270
Opinion:No Opinion
Price:0.16
RE: Change vs. lies
Today 11:50
Excellent, balanced rational post Pepco
Pepco
Posts: 532
Opinion:No Opinion
Price:0.16
RE: Change vs. lies
Today 09:35
I am not the one that will defend AP but probably his biggest mistake has been to speak like things were under control even though were not dependent on VAST: Baita licence, Mercuria T2, etc. Add His timelines + Bergen and you got a CEO putting himself in an awkward position. I believe that he has been more naive than dishonest: like when he was saying “No more dilution”, one thing is sure AP/VAST credibility now is zero.

IMO there has been a slowly but steady turn in this company and this is where I want to focus. Finance has been the main problem not the assets, the company now has acknowledged this and is changing its strategy to fix it.

I think that Baita alone should take the SP back to 0.6p, probably not till production starts but there a few more things that can push the SP higher.

I am losing plenty like the majority here, still I believe that VAST has huge potential for growth not because AP says so but because the assets that VAST holds. I have no doubt that Zagra will get the attention of a big one at some point, Baita could be this year in production, Marange ... well lets wait for confirmation.
hoffy71
Posts: 1,216
Premium Chat Member
Opinion:No Opinion
Price:0.16
RE: Vast
Today 08:41
My thinking is, now that we have at least one big investor (possibly more) and we are going to start dealing with some much bigger players (hopefully) in the mining sector, in the near future, AP will become more and more accountable to these people and less and less able to make willy nilly comments about time lines and intended activities he would like to do.

This, to me, is a critical stage of VASTs life, can AP pull off deals that will be beneficial to us the share holders? I sincerely hope so. Now is VASTs time to shine, good luck to AP and the team working to make this happen.
SandyShore459
Posts: 2,609
Opinion:Buy
Price:0.16
Change vs. lies
Today 08:33
It's already obvious again this morning that certain posters cannot distinguish legitimate change from dishonesty.

But I've followed Vast closely for quite some time and wouldn't be invested if I thought the CEO had told any "lies" at all.

Such posters show their own lack of sophistication.

FTB: nice sentiment and I'd like to acknowledge that. But I'm not a reletavist. I don't think each and every post is equally valuable. Alas, some people don't know much about what they're talking about.
FirstTimeBagger
Posts: 663
Opinion:No Opinion
Price:0.16
RE: Vast
Today 08:22
I enjoy reading Sandy’s posts so it would be nice if we can stop this nonsense about filtering people if you don’t like what they say and this arbitrary good vs bad poster/forum virtue signalling.
gkb47
Posts: 1,797
Opinion:No Opinion
Price:0.16
RE: Vast
Today 08:16
Angus / Piker - you are correct Vast has been mis-managed and PIs have been misled. Hiding behind 'well things change' is disingenuous.
Jayfella72
Posts: 1,370
Opinion:Strong Buy
Price:0.16
RE: Vast
Today 00:50
Jesus H Crist, glad I don't fenture to much on this bb. Yawn..... my arse when I do....... But keep posting Sandy459..... You're one of the good ones
Diamonds here we come....... Back to sleep....... !
SandyShore459
Posts: 2,609
Opinion:Buy
Price:0.16
RE: Vast
Today 00:17
piker: thanks for your suggestions but I follow Vast closely and I'm satisfied with my understanding of it. As for the fact that some people might not like my remarks this weekend, I really don't give an *rse. I am bored of reading stupid posts.
piker1957
Posts: 270
Opinion:No Opinion
Price:0.16
RE: Vast
Today 00:09
Sandy I can understand why so many people have you filtered because you are not only arrogant but extremely condescending. A lie is a lie, change has nothing to do with it.

As I said in my post, I’ve only relied on what’s written in RNSs, I’ve ignored podcasts because they have no validity. I did wrongly assume that an official conference call might be relied upon, but sadly not so. Go back & listen to the December call, not one single thing that AP promised on that call has happened. That’s not change, I’ll be charitable & just call it rank incompetence. So much of the change you reference arises from the bad decisions AP made last year, decisions that have taken shareholders to the brink of being wiped out. We only have a potential future because of a pants down fire sale of PP.

Things do have to change, & that needs to begin with AP actually delivering something other than dilution & destruction of shareholder value. Until verifiable evidence that BP & Marange are both producing profitability is provided, investors are going to be wary. Reading your later post about the impact of ‘changes’ I think you need to be more careful for the rest of the weekend because you clearly got too much sun today
SandyShore459
Posts: 2,609
Opinion:Buy
Price:0.16
RE: Sandy
Sat 23:33
angus: I'd say -

(1) GM resolutions Tuesday.
(2) Term Sheets and finalization of finance/OTA.
(3) Finalization of diamond contract.
(4) Better information about BPPM and Marange.

(2) and (3) might be reversed.

These key steps, IMO, will show a roadmap to fully-funded transition into FCF-generating company, with both assets in production this year. (Possibly also your Manaila truck update by then...)

SP will then adjust to NPV, and I'll suppose the market will attribute around 40% once (1)-(4) are bedded in.

Just IMO.
angusrjy
Posts: 2,309
Opinion:No Opinion
Price:0.16
Sandy
Sat 23:25
What was it, a 10% rise! Only another 390% to go then.
SandyShore459
Posts: 2,609
Opinion:Buy
Price:0.16
RE: Sandy
Sat 23:21
Well, I say "today" but I guess it was Thursday :-)

I didn't look then so only noticed today.
angusrjy
Posts: 2,309
Opinion:No Opinion
Price:0.16
Sandy
Sat 23:21
Oh I totally agree, I still have small hope my crumbs will grow back a bit but I am not confident vast's current management can do it and all I can go off is past performance. How can your Investment have turned blue today when markets are shut, the easter bunny been :-)
SandyShore459
Posts: 2,609
Opinion:Buy
Price:0.16
RE: Crumbs
Sat 23:19
angus: based on your stated views about Vast, I'm surprised you don't stick it on a roulette wheel, since presumably you'd be more persuaded by those odds.
SandyShore459
Posts: 2,609
Opinion:Buy
Price:0.16
RE: Sandy
Sat 23:17
angus: I don't think I've been singing praises at all. I've been disagreeing with excessive criticism - which is not the same thing. (Are you able to see the difference?) The time for singing praises will be when these changes have succeeded.

As for my investment, it turned blue today.
angusrjy
Posts: 2,309
Opinion:No Opinion
Price:0.16
Crumbs
Sat 23:14
Unless by some miracle you know a sure thing where I can invest my crumbs to make back a 400% gain which is what I need to get back where I started? 😂
angusrjy
Posts: 2,309
Opinion:No Opinion
Price:0.16
Sandy
Sat 23:11
And by contrast you continue to sing the praises of a board of directors who have diluted us to oblivion and destroyed the sp and yet presumably you continue to invest your money, do you see the irony in that? Also my 'crumbs' are not worth placing elsewhere in any case.
SandyShore459
Posts: 2,609
Opinion:Buy
Price:0.16
RE: Sandy
Sat 22:50
angus: we disagree. But the more important difference between us is that, if I thought the way you do, I would cut my losses and put the remaining crumbs into something I thought would grow. You, by contrast, despite believing the whole thing is utterly terrible, will still leave your money in it and spend your time moaning and groaning on a BB, as if that's worth anything to anyone. Hats off to you.




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