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Friday or Monday haha
Considering the wider market carnage today I reckon there must be some good sentiment surrounding VAST for a change given the sp action by COP.
The funding deal to be signed in December will provide the cash ... meanwhile the latest raise will tide us over.
dvh...dont follow you.......which bit about being a producer and currently having no cash dont you get
until we generate positive cash flow we'll need placings......get it
Bazinga!
Very well, thanks.
Yeah, the usual $1.7m. You need to ask?
I'm good, thanks. Yourself?
P.S How is business? Planning any placings for November?
Better than being a funny guy drinking beer in his pants at lunchtime, johnny.
And how are you today?
saving cash by being on $250k a year plus offices in Romania, plus expenses. LOL
gkb47 writes: "I always found it very strange that nothing from engaging SRK Consulting (UK) Ltd. was made available to Shareholders, now why not if it really is Aladdin's cave over there?"
Most punters are unaware, I think, that these reports have to be insured in order to be placed into the public view, and the going rates are in the £1m zone.
AP is saving cash by avoiding a cost. To do so, it has to be billed as in-house.
IMO.
Gkb, totally agree re SRK - international reputation, would definitely have increased confidence
caselogic, who said the following only 6 days ago? make up your mind lol
''chill guys...we're a producer, at some point the cash flow will turn positive, till then just stop worrying about every little detail...yes we may have another placing yes we have to organise finance...yes we may get hit by an asteroid.....
we're producing product we have a buyer and the cash will soon start flowing...stop worrying''
The relevant question is how much of that JORC is going to fall into measurd and indicated rather than inferred.
If its mainly an inferred resource then, yes, largely a waste of time
Tbf, Craig's entire career will be based on his reputation and qualifications- so anyone trying to imply that he would produce an inaccurate JORC is perilously close to slandering him
The fact that the JORC is being done in house means there won't be much of a SP lift if any. If we had a decent BoD in place it might result in a different outcome but they have ruined their reputation. No one believes a word they say anymore. Would love to be proven wrong but I'm not holding my breath.
"we're making no money."
I guess you only live in the moment and look no further than your nose.
we're making no money....a mine needs to be serviced and run........how do you do that with no cash?
MS.......... I too am nervous regarding market reaction............ I just sense that this will be a damp squid [or squib]...... whenever we expect a re-rate , it just never comes which is highly frustration. To think we are now a producer and have a lower MC than when we where exploring/developing............ The JORC must have to be fantastic and have at least 3 Aladdin's in it to crawl past 20............ B
I hope AP doesn't release what he normally releases. it might cause odour complaints in the locality...
MS
Yes...I am going for a release either this afternoon or tomorrow.
Added a few more today.
Should see a good RISE ON JORC....RNS CAN LAND ANYTIME