We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
https://invst.ly/pou7n at the crux of the day, keep eyes open for the next 30 mins
Stonking short you say dssloan? Let's see what happens ay.
Now it has a delayed 'death spiral’ funding - a highly subjective and pejorative term - funding necessary in the circumstances
Agreement with ZCDC on a diamond concession 'long overdue' - maybe 6-8 weeks, depending on your base of calculations.
The promise of Baita production by Dec 2019 missed - by several weeks / a few months.
Does Brian Basham have an axe to grind by any chance? He left, more or less, at the same time as Roy Pitchford and the company has been significantly more focused since then etc.
The phrase 'stonking short' by Winnifrith says it all.
Another troll looking for a cheaper entry....
Still no wiser who lee Morris is ?
Name not recognised from Winnifrith blogs .
Winnileaks special: Vast Resources: Ex Director Brian Basham accuses Fatty Cornish of signing off on untrue statements
By Tom Winnifrith, The Sheriff of AIM | Tuesday 28 January 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from *************). I have no business relationship with any company whose stock is mentioned in this article.
Oh dear, oh dear, London’s worst Nomad, Roland “Fatty” Cornish really does have a lot on his plate this morning. I refer not to his third portion of finest Manx Kippers dripping in butter, followed by a quartet of hot crumpets with lashings of strawberry jam. No, he is already in hot water over his advice to ADVFN (AFN) that it should break AIM Rules but now Fleet Street Legend Brian Basham has written to Fatty about another of his cash guzzling and worthless clients, Vast Resources (VAST) and, thanks to Winnileaks, I have that letter.
Basham was a director of Vast, stepping down more than two years ago, but knows a bit about the company which, as I explained HERE yesterday, offers free money as a stonking short. Basham’s complaint relates to the interim results released on 17 January which, he says, contains statements that are just not true but which Fatty signed off on as verifiably true. That would not be considered best practice among Nomads on the AIM Casino and thus I feel that it is my duty as a good citizen to bring this latest, of a long line of failings, by Cornish to the attention of the Oxymorons at AIM Regulation. Basham writes:
Dear Roland,
I am amazed that you let this statement by Andrew Prelea go out. It's simply not accurate.
"We enter 2020 in a far stronger position than at any time in the Company’s history. We are resourced to place BPPM into production in the near future and we are well placed to execute our Zimbabwe diamond strategy as soon as the agreement with ZCDC is concluded, a process that we believe will be concluded shortly.”
‘A far stronger position than at any time in the Company’s history’. How can that be the case? It is possible I suppose that IF the funding comes through and IF agreement is reached with ZCDC it MIGHT eventually come to be in 'A far stronger position than at any time in the Company’s history’ but at the moment the statement is totally misleading.
The company has been in a much stronger position in the past, well before Andrew Prelea took control and in my view wrecked it.
Just consider: The share price peaked at 26.53p on April 4 2008. In 2013 it reached 6.76p on March 1st. It then had $15m in the bank, very little debt, and the Pickstone mine to build. Now it has a delayed 'death spiral’ funding; agreement with ZCDC on a diamond concession long overdue; the promise of Baita production by Dec 2019 missed; etc., etc. A share price st
A little more ~~~
" V111JAS
Posted in: VAST
Posts: 1,928
Price: 0.16 No Opinion
Leemorris 03 May 2019 15:26
I see that my post was strangely deleted , and as you have been checking my posting history I know you would wish to read it .I have reposted it below , but In the event that some of the content may have proved disturbing to those of a more sensitive nature , I have added `In my opinion` , because that is my opinion :
Leemorris:...
"Perroverde he's not the only 1 who has a different outlook on other boards , look who's been piping up and where else they post.
1 believes in 88E for the future , when you look back at 88E exactly same story as vast (troubled history)but that gets the thumbs up,"
Presumably you are referring to me .
Yes , I have an interest in 88e .
No , it is definitely not exactly the same story . You need to do a bit of fact checking there .
(In saying that you imply correctly that the VAST story is a disaster ~ Correct there !)
I wont waste time justifying my investment decisions elsewhere except to say that the MD of 88e is the antithesis of AP .
There are no question marks about HIS motives or integrity .
I fall into category 1 of Roadends` excellent analogy .
You sort of fall into Catagory 2 , except as I see it you are one of the ring leaders joined at the hip with AP`s appalling record and highly questionable behaviour .
"AP is a great CEO " ~~~ What an absolutely extraordinary , crazy thing to say !
Has AP had some sort of Zhuangzi effect over you ?
His tenure has been a total disaster , RP may have sold the weed seeds but Prelea has done an excellent job of work fertilizing them.
You`re right , of course it`s `Personal` , that`s what the personal portfolio of any private investor is focused on .
He , and that Moritz need to leave , immediately .
Hand the reins over to P Fletcher , or another with integrity and a proven record of success .
IN MY OPINION . "
Al little more :
~~~ "V111JAS
Posted in: VAST
Posts: 1,928 Price: 0.16
No Opinion
RE: Leemorris ~24 Apr 2019 23:44
You make it clear that :
"I have the same relationship with AP that I have with all the current BOD , and have had with the BOD of the past "
I`m not surprised that you answered my question with a question , but that is the question I asked you !
What , precisely is your relationship with the BoD and specifically with AP , I simply enquired about the nature of that relationship . Is it purely business related or is there a personal relationship with AP ?
Your interesting response of course goes directly to my reason for asking , I`m not so interested in the rest of the BoD and while their incompetence is also staggering , it is AP who has been the front man stringing investors along with ridiculous statements , claims and untruths . From what I can see in your posts , you have continuously supported him in his fairy tale world .
This unwavering support for AP , which of course in the light of what we now know , seems to me to suggest that you do have a very close relationship with him . Do you ? None of that means that there is necessarily an issue here , but I then wonder why you seem to have acted as some go-between . As I recall (do correct me if I`m wrong ) you requested the names , identity , contacts and shareholdings of Private Investors on this BB . Why would you do that and why would you (simply as a private investor) want all that information ? What personal gain might there be ? That`s a lot of effort and investment in time to help and complete strangers on a financial BB .
Also somewhat hypocritical in the context of the question you just posed to me :"What`s your real name whist you think it`s necessary to ask personal questions?"
Would you be reporting the results of your enquiries and collated BB information directly back to AP ? Perhaps it might have been beneficial for him to be able to compare the identities of those on the BB with those on the Share Register . `Know your enemy` , especially at public meetings .
When so called private investors take on some sort of `leadership role`, a suggested direct link `Off Piste` with Directors of a Public Company , past experience tells me that there may be a problem .
Of course no doubt you will claim otherwise and indeed that may be true in this case , I am just saying that it`s this sort of behaviour that gets the spider senses tingling .
Why , in the light of countless scandals and public warnings concerning compromised identities on the internet , would anyone entrust their personal information , no matter how trivial or innocent it may appear to be , to a complete stranger on a BB ?
I hope we will all see a satisfactory conclusion to this pantomime , but from now on I want truthful updates from the BoD, not any more nudge-nudge-wink-wink , from any one . Cliques and cabals on the side just devalue the integrity of any Company imo . I note with interest
As mentioned a couple of days ago , I questioned Lee Morris on this thread some ten months ago about his relationship with prelea . My reason being that I had become suspicious about his highly pro prelea / VAST posts and specifically where he was getting his information ~~~
" V111JAS
Posted in: VAST Posts: 1,927
Price: 0.16 No Opinion
Leemorris ~ 24 Apr 2019 16:41
Ah ! ~~~ Leemorris :
I see you are now probably not at 40000 ft and back from Australia , so perhaps you would be able to answer the question I asked :
" What relationship do you have with AP and how well do you know him ? "
~~~ "
When I get some time I think I will dig out the `Conversation` .
Eua came under attack today from share morons again and the eua bod tweeted to put shareholders minds at ease will hasta bod do the same and put sheriffs badge in his place back in his sewer pit.. we will see
I can`t disagree with any of that gkb .
Much of the rhetoric is now proving to be absolutely infantile .
Serious accusations indeed. Though they are baseless for the time being.
And hes also says alot that is fictitious.
TW is big trouble.. a lot of people have lost money because of him...take a look at Sefton Resources.....loads of people lost millions there
TBTT, can you say what those accusations are.
Hi Jester!
Tom Winnifrith (Share Prophets) is normally proved right when he goes negative on an AIM company, and he has a lot of "scalps" to prove it (including Neil Woodford, of course).
He's made some pretty serious accusations against Vast, and he recommends shorting the stock. If I were invested here, that would make me think hard about the safety of my money.
Who'd want to read a load of share morons egotistical write ups... the guys a fruitcake...
Any free versions on the article? or give me a TLDR?
Fantasy- could you please copy the ShareP accusations-thanks
There are some serious accusation by Shareprophet article - VAST BoD need to come out and address this issue..
No news is well erm no news
Don't tell me then.
Maybe a little cabal on here.
Is there a link to Lee Morris ? who exactly is he.
Sorry I googled headless not
Atlas
Gulp nearly fainted
Away atlas 2 billion investment firm
Thumbs up from me ;-)
Aahhh aahhh
I’ve just found a headless chicken
Ahhhh gulp aaahhhhh ..