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Tech company Mporium delivers an outstanding set of Q1 results says CEO De Groot
IronRidge Resources CEO hails spectacular lithium project and money making potential for gold

Member Info for gkb47

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Member Since: Wed, 15th Aug 2018

Number of Share Chat Posts (all time): 1,780
Number of Share Chat Posts (last 30 days): 146

Last Posted: Today 11:57

Post Distribution over the last 30 days

Today 11:57

Penguins - read my posts and don't invent things that I never said or that I think to suit whatever agenda it is you have here.
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.
Today 08:02

Subtle de-ramping continues eh? Production rate; Extended Test rate - see the words are different and so is the purpose.

Snippets from RNS 11th April 2019

"For prudent Portland reservoir management purposes, the average pumped rate from HH-1 continues to be maintained below the previously reported 362 bopd calculated optimised sustainable rate."

"We remain fully on track to drill new horizontals in the second quarter of this year and are even more confident that the new Portland horizontal well can achieve its 720-1,080 bopd target. We believe Horse Hill remains well positioned to deliver future significant value."
Sat 18:31

HHDL flow rate is from a test well and is arranged to protect the reservoir during the EWT until the side tracks are drilled from proper production wells. Suggest you spend a bit of time reading previous RNSs.
Sat 11:58

SandyShore - filtered - just an arrogant, absusive clown.

leemorris - for various reasons not everyone can make GMs, that doesn't make any difference to the validity of the argument.
Sat 11:50

Kraken - you might want to read my previous post again a bit more closely?
Sat 11:48

Think AB should be safer than the wimpy European men, doesn't she have to walk two steps behind him? ;)
Sat 07:32

45k BOPD? If so that would be about 50% up on the average for last year. I expect the analists at RBC, Barclays & Jeffries will issue new price targets at about 5p soon then.
Sat 07:21

I'd hold off if I were you and wait until it goes under 10p. Do come back at that point and let us know you're in, but not until then.
Fri 21:30

No makes no sense at all - I suggest you sell up and move on then.
Fri 11:10

Daisan - No I don't see any prices published, not even indicative. Maybe it depends on specific installations. Suggest you fill in the enquiry form if you have an interest.
Fri 10:21

No not a sideline from the TBP one as it's spelt differently and it's Lithium Ion but this may be of interest regarding market developments?
Fri 10:03

Sandy - as most of us are now significantly underwater the only choice we have is to sell at a loss or hold. Whatever way you look at it is AP and the rest of the BoD got the company into this posittion nor the PIs. Yes we all accept risk, especially with AIM miners, but how the hell can anyone quantify that risk when misleading and contradictory information is put out by the CEO?

I bought into Vast based on the CEO repeatedly saying that Manilia would generate earnings once they had some new Trucks, that BP would be put into production within about 6 months of receiving the licence and that Mercuria T2 was more or less a formaility once the licence was received. Also that Eureka & Giant (as well as Blueberry) would be good longer term assets that would be developed and generate FCF once the short term objectives had been met.

The reality has been very different and once that Bergen pay day loan was taken out there has been no viable point at which PIs could exit without significant losses.

We have had huge dilution, probably more to come, and no new offtake partners have yet signed up 3 months or more after discussions were started. Now we have a complete change of strategy, including selling off the one asset that currently generates any significant revenue. This strategy is based on Marange diamonds being the company saviour, but is high risk in itself as the diamond history in Zim shows very well.

Yes we all hope it turns out well eventually but let's be honest - it's more a case of hold and hope now. For some reason I'm also reminded here of the Aesop fable: Wealth not used is wealth that does not exist.
Fri 08:40

HK hooked up and still loading up. Draught 9.2m at start
Thu 21:15

Yes it makes no sense at all to pay that much, even if using Sharecoin, for a well that is producing next to no oil. Unless, of course, you know something...
Thu 19:27

I have a suspicion, nothing more, that the Chinese are behind this. An attempt to corner the market maybe?
Wed 21:34

Whether we will see a late RNS on Thursday or first thing next Tuesday morning with positive news about Brockham take 2?

I get the impression from previous timings that Lucan likes to wrong foot the day traders.

Wouldn't want to be out over the Easter weekend. We'll see...
Wed 20:07

Those diamonds need to be as big as AP's porkies to get to 150M MCAP.
Wed 06:15

The thing is I'm not sure normal market patterns are going to play out here, which is what the futures and commodities market are based on. I think the Geopolitical situation could well make scientific based projections quite inaccurate. As for hedging, well it's always easy with hindsight to see what you should have done, but calling it at the time is not so easy.
Tue 20:05

Share Coin Sandeson strikes again!

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