The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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I think it was Fantasy that did that post here re "where has all the money (placings) gone?" No one could really provide a response. I would love to see an attempt.
If it's taken AP this long to get this point and around another 10BN shares since he arrived what makes people think it's all of sudden going to get dramatically better? More placings are certainly on the way regardless of BP commencing production.
He meant the SP of 12.49 i think, probably the comment I reffered to where on the day of unsuspension her urged people to get out because it was going to be dumped
Changedman, I'm not a fan of Nickel either, but if you're gonna criticise someone else's posts, at least try to get your facts straight -if Nickel posted at 12.49 on EUA (it must have been deleted) , the SP graph suggests the price was 18.25,it now 17.50 so not sure where your imaginary 35% rise comes from??
Or are you just trying to cross promote other stock on the VAST board??
Either way - sad
Nickel investor was saying it’s a sell on EUA at 12.49 since then it has gone up by 35% but he hasn’t come back and apologise....he is a sour unknowledgeable character
Nickel: "Tbh, i don't think most shareholders would be surprised if they saw another placing here next week."
I'm never surprised by a placing. But as we're currently about 30% up on the last placing price, I struggle to see the big problem when we're going into production. You want to bang on about cash flow in month 1 of production. Fine. But I at least am quite happy thinking ahead to months 2 +.
"any company that employs self ramping on the most obscure and insignificant details such as wanting to show a container arriving is only doing that for one reason and it isn't for shareholder benefit"... that is absolutely correct. The point about VAST needing more money ahead though just confirms that BP is an event but it's certainly not going to cause any sustained price action for a considerable period.
Tbh, i don't think most shareholders would be surprised if they saw another placing here next week.
antharry: yes, we have. If I were less polite, Andrew would have the bruises to show for it. But it's not a concern that I have in this case because the JORC is important for an independent asset valuation (IMO) and that's a point on which everyone's interests converge over the course of Q3.
antharry: expectations aren't deadlines. The news will arrive when it arrives.
antharry: I don't really follow this argument. Production is expected at the end of July. Should they not bother RNSing that?
Anyone who knows the circumstances knows that the arrival of equipment matters because the new equipment will allow us not just to start production but also to ramp up to full production. The company is quite right to keep us updated.
Unbelievable.yesterday people were casting doubts by questioning the punctuality of the delivery and yet today the RNS is ramping !!! Make up you mind guys!!! The company is turning a corner and this is good PR which shareholders want to be kept up to date. Try harder next time.
Consolidation will not happen well until production is on its way, and probably around Q1 2021 if it makes sense..imo.
JAdam: you might not care if equipment is arriving but others do. The company is fully entitled to let us know it has arrived in Romania.
But yet you are here aswell? Strikes me you are looking for an entry route. See how the narrative can be span both ways? See were we are in a month or 2.
Sells outnumbering buys nearly 4 to 1.
I wonder how many of the sellers turned down the chance to be made inside on this share by their Broker?
I hate to accuse people of being disingenuous, but it strikes me that the majority of rampers are looking for an exit route rather than genuine belief in the company. The numbers speak for themselves.
Don't be surprised if financial deal happens before that, hopefully the men in suits have visited and are happy with their due dilligence as COVID19 rules arebeing relaxed for air travel.
ben: yes, exactly.
It will be self funding from 2nd off take and the ability to pay off debt within 8 months, thats pretty good going for a new mine which would be normally 1 year+ to be allowing for FCF. Metal prices are also going one way. Around first offtake and payment it might get bit bumpy if refinance isn't agreed but this is where we are at, return out weighs the risk at this point.
haha Ben... trying to deflect by changing the subject matter. We are talking VAST and it's inability to self fund when BP goes live.
How's your EUA prediction going mate? Not very good at this are you
And the answer to that is "Most certainly YES".
Until BP can demonstrate that it can make significant cash after all capex requirements this will never be more than a trade. The biggest issue is that the upside has now been capped because of the severe dilution that's happened under Mr Prelea. Everyone thought the former guy was bad (Roy??)... the company only had a couple of billion shares when he left... now there is over 12 billion!!!!!!!!!!! Do you also agree that the board should take a massive pay cut... $800k or so is disgusting, they are taking shareholders for a total ride.