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Mr. 10 Million has hoovered up a lot of shares today....... ;-)
1 means im short of shares not Rns as some people think and 5 means gap the stock up or down depend on the price of the trade
DanielC43R - I've seen late RNSs a couple of times but in most cases, they mean nothing.
I doubt its PIs tho. Why pay commission to buy 1 share.
Its been a bit quite with vast. Hopefully, news tomorrow.
EthioEthio - not me. Never seen anything happen when we get these silly trades, they mean nothing. GLA
Dr Long nose.
Quiet day out there - that was my 1 share transaction, not sure what show off bought the 5 shares?
;-)
1 share
followed by
5 shares
MMs talking :)
How many of you believe this ?
Jul 2 2020, 14:13 0.2428 5 0.24 0.245 Buy £0.01214 O
Jul 2 2020, 13:56 0.2428 1 0.24 0.245 Buy £0.002428 O
I don't disagree, just going for both sides of the coin seen as not many things seem to go the correct way for VAST
Ben also a real chance of these drill tests coming back real positive & the asset value of the mine is doubled\trebled & finance is agreed on very favorable terms..this could happen any day now.
While the production next month is great, we are aware that first offtake money won't be coming till August time. AP alluded that some of the interested refinance packages are dependant based on first offtake payment being recieved and that some others are still doing their DD. I imagine first offtake refinance deal may be on better terms but this purely speculation based on the higher requirements for it.
If this is the case, do we go with the potentially worse refinance deal but avoid hitting the 2nd deadline of potential atlas conversion. Or do we roll the dice, wait for first offtake and hope the package comes in time that we don't have to do a 2nd raise for conversion money like last time. The placing would be less dilutive given the SP should be higher at that point following assay results/upcoming JORC and production updates.
All this doesn't take into account further need for ongoing keep the lights on raises.
No point mentioning the interest placement raises as they are small and not very dilutive.
All i'm getting at is yes we are into production next month there is still the very real chance we may see a further placing before first uptake.
IMO just speculative/DYOR etc etc
MMs on lunch it seems - nt a lot happening now but will start to move after lunch
4kandles what you said is incorrect, the correct information is the last time this share went to 0.5 we had over 10 billion shares 10,219,082,366.
Children children childern - you lot are the reason i very rarely post on here anymore...
Predictions, knockdowns, infighting, name calling - how about you just take responsibility for your own investment choices, whether good or bad - if you don't like a particular share then fcuk off and leave the board to people that are genuinely invested...
#Vast in Romania are on the verge of being in production - and the diamond deal remains to be seen... Nothing on Aim is ever as straight forward as it seems - and don't ever listen to the erm google experts on here...
Good luck in the run up to Romanian Production - this month?
;-)
Forget about it,not for a long while anyway....0.50-0.60p in the near term is far more realistic target...and even that is base on assumption that things will go tikity boo on the production side...
Of course had we get the nod regarding the diamond deal then it's a completely different game,but this is pretty much BIG if...IMHO.
GLA.
Hi 4kandles,
What about the polymetallic mine about to open?
Pecten: "Sandy, Anglo American only had a p/e of 10 last year but you speculate VAST at 15? Really".
I'd prefer to value at P/E 10 in current economic conditions. But I wanted to indulge Mark's optimism, and I did say 15 was the bullish option...
"The proof is in the pudding that this company is on the verge of great things"
LOL - that's another cracker Mark
Er, where's the proof exactly? Where's the pudding? You have no idea Mark. All you can actually do is boast about how wealthy you are.
You cheerleaders still take management promises as gospel even though they have been shocking failures for years.
Even sadder that simpleton PI's are being sucked-in yet again by the P&D boiler room crew. (Twitter is infested with #VAST promoters at the moment)
And how many fewer shares were in issue then Moneymaker?
That jump in value gets split into many, many more slices
I’m not saying 1p is going to happen, but we jumped up to .5p in Oct just of the back of the finance news. 1p wouldn’t surprise me though once production results start coming in and on receipt of positive news from other assets.
Your right though, let's actually get into steady state production first, then forecast p/e ratios.
You want to start a sweepstake to when that may be?
Sandy, Anglo American only had a p/e of 10 last year but you speculate VAST at 15? Really
I could break it down and waste my hours being bored to tears. But then again that goes against my philosophy. The proof is in the pudding that this company is on the verge of great things. You only need to look at what is going on in Vast camp as a testament. We are all here because we believe the potential. Plus, we know what it looks like to have a deal almost signed in Zim, remember that sharp rise last year? Luckily, we have seen it. Unfortunately, that never did materialise but when it does, it will be colossal. GLA. Back to my old fart routine of watering the plants. Take it easy.
If going on $1m per month FCF from BPPM, or about £800k, then BPPM in full production could be £9.6m per annum FCF. If you were reasonably bullish and applied a P/E of 15:1, then you get £144m m/cap on that asset.
But it would not be immediate. Let's get to production first.
We have all been waiting a long time Mark -- that's the point
Do you want to break down how VAST gets to a £124M valuation? How much does BP need to produce and at what margin?