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:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
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 and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. 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.
Doubt this will go above .24 without new finance. If it does go above .24, Atlas will convert. Why wouldn't they? Vast did do a raise to pay off the first lump sum back on 22nd June (well that's what it was claimed to be for by AP) if Atlas did choose to convert. Just depends on how much of that raise is actually left. The BoD have a very good history of saying a raise is for one thing and spending it somewhere else. Let's not get Fantasy started on the Manailla trucks again! (even if it is a valid point - AP straight up lied to us about that raise).
I'd like to know though how it gets kept below .24 all the time. Eveytime it gets close the SP gets dropped on the smallest of sells after. It stinks SP of manipulation.
Hopefully, we will move up, those that wanted out are out now. A few buys there to get it started.
if you sold out I would suggest moving on and deleting from watchlist as there is nothing worse than watching something you sold at the bottom climb without you, haha, might be wishful thinking on my part.
Sandy, be careful you don't fall off the high horse you're riding
You are entirely correct, wrt to drilling angles and testing of mineralisation where it is present - that is exactly what I said re the cores deemed worthy get sent for analysis, however, I was pointing out that the info in the RNS either could have been clearer with regards to drill hole depth-including those still awaiting results, or that large amounts of core hadnt been tested - which could imply a large quantity of overburden in future
Sandy, don't be disingenuous. The cores normally get halved lengthwise, one half for testing, one for storage/records The cores worthy of analysis get sent for assay, the ones where the ore content appears disappointing do not
if the pattern is the same, we should expect a podcast soon as well. usually they appear just after a raise to allow AP to attempt to defend himself........ his last defence was more of a "came out fighting" one as he seemed to suggest that mines are expensive. With him being in the mining business almost all his life, I would have expected him to know that and used that in his thinking and planning. This is going to be a great mine, just need AP to do the right thing..... B
Gbjoe, the paragraph re the drill holes is interesting, either the remaining holes have an average length of around 88 meters ( which would be massively longer than the other 15) or large amount of the cores havent been deemed worthy of being submitted to ALS for assay
I get it and still hold alot here but having been here for so long you start to notice trends with the BoD and raises.
Take that quote from the Proactive investors interview on the 18th May. AP states the according to AIM regulations they have to release all the data they have which isn't public knowledge before they can carry out a raise. Makes sense.
RNS on 24th July states 'The Company can also confirm it is now in receipt of the first batch of underground drill hole assays from ALS and the results are equally encouraging. Further batches of data are expected over the coming weeks. The Company will have a complete set of Assay results ready for publication in August 2020'
The data released today isn't the full set of results. To quote the RNS 'To date, 692 metres of core representing 20 drill holes has been completed. Assays from the initial 15 drillholes totalling 253.8 metres of submitted sample length have been received from the ALS laboratories located at Rosia Montana, Romania.'
So they had these drilling results over two weeks ago but only release them now? I do wonder why that could be... Hopefully just to let everyone know about the good grades? We all kind of knew that anyway. For once AP and co, please prove me wrong!
It's the complete lack of trust in the BoD. Raise after raise after raise. Finance is the key here.
It's the fact that the last lot of results on the 12th May were followed by a placing on the 18th May. Vast have a proven track record of releasing news to raise the SP followed by a placing. AP even said it himself last time that they had to release a 'cleansing RNS' before they could do that raise. I.E. releasing all the drilling data they had before they could raise yet again. See the proactive investors interview on 18th May at the 1 minute 16 second mark if you don't believe me.
It's the fact that Atlas will convert as soon as this goes above .24.
The SP will stay in this rang for some time unfortunately.
If I'm wrong, good! Means I / we will all make some money but there is a long way to go yet.
Looking at some other exploration companies, one of which has risen from around 0.25 and is now sitting at almost 5 times higher and they haven’t got anything near the potential value of Vast short term. It’s laughable sometimes how a company can rise based on nothing more than marketing spiel and hype. That’s ultimately how investors lose money as it’s easy to get sucked in to the hype at a price that’s not fair value unless you do your research! Vast is clearly under valued at this price and some very good money to be made at this price.
Kieran connolly Rose @Kurrinz01 · 19m #vast These are very good results - some of the gold assays are the sort you get from a rich gold mine not just as a byproduct of a copper mine 2.36/4.56/2.73/2.89g/t etc and look at the silver 389g/t Cu grades are also good - some mines are averaging .5% this is way above that