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Maxcady, imo your posts are as pointless as Mr8008s, you both post about 'ifs' which are rarely backed up by anything other than rhetoric - some may say that's what bulletin boards are for, to others they are just tiresome and potentially misleading
pecten11,
Vast can repay atlas through asset backed debt financing. Don't worry.
Mr8008, the answer from Mr-Codders gave one example, but there are also other situations to examine - what about one where a company has cash flow, no declared profit as yet, but has a time limited debt obligation?
Thank you Mr-codders for the clear explanation. Now, vast continues to generate cash flow.
Mr-codders , thanks and fair point, just a game that Mr8008 doesn't appear capable or willing to have a proper discussion.- just repeatedly posts potentially misleading statements
Btw good to see you back. If I remember correctly you stopped posting due to some health issues?
If so, I hope everything is on the up and up
pecten11,Please ask maxcady for this question. He will explain more clearly.
Mr8008 - one more time - please define cash flow?
Do you believe that cash flow is the same as profit?? Purely for Baita or for all of VAST
Simple Qs
Naise, read the presentation that came with the revised mining plan, which include figures for ore mined, cost of production, drilling costs, grade expectation, assumed %concentrate and assumed commodity prices.
Those figures show what VAST plan to happen - whether they are better or worse in reality we may find out, depending on the level of detail they release - which historically has been less than complete
For investors, it is important that the company's production is ongoing and continuously generates cash flow.
So in effect Naise, both you and 8008 are admitting Maxcady was correct with his interpretation
Thanks for clearing up with recent posts
Priceless
I personally would not take any notice of sales figures unless I saw corresponding costs taken into account, direct, indirect, variable and fixed costs and I can't see how you can calculate that meaningfully on a regular basis. Its not like going out and doing your shopping
Antharry, you asked a good question.
If you are the CEO of a listed company, do you want your company's stock price to remain relatively stable, or do you want your company's stock price to fluctuate continuously? The sales and production of an enterprise are affected by many factors, so the sales and production data are also subject to change. If the company reports sales on a monthly basis, this will inevitably lead to large fluctuations in stock prices and harm the interests of investors. Therefore, vast will not be reporting sales on a monthly basis but will outline its sales and production reporting plans in due course, this is correct.
December 10, 2020 RNS "The Company wishes to advise that it will not be reporting sales on a monthly basis in 2021 but will outline its sales and production reporting plans in due course."
On March 30th, RNS "Actual sales and production figures will be reported on a bi-annual basis. "
Max, So why is that the only news until October then? The company didnt say that...you did!
If the stock price of vast rises to 50p, more than 1,000 posts will appear on the board every day. This is the emotion of people.
Mr008. I am just wondering what part of my life went so wrong that bother to post here lol.
Naise,This is what CEO maxcady said.
Exactly where did they say that
The stock market has opened. vast share has not yet started trading. Investors are not willing to buy and sell. Investors are waiting for news.