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Sandy, I'm am sure AP is willing to hand it on after a few years or so. VAST as a mid tier miner, would be a target for a takeover by a big player IMO.
I'm sure he will be handsomely rewarded and won't be selling any of his shares, until then.
Whole heartedly agree Sandyshore, it’s the only slight niggling worry at the back of my mind. Been here 6 years and really hoping that APs drive is to take this forward onto greater things. It’s not been pretty so far but the assets are undeniably great.
Takeshi: yes, but then in that case he'd also be giving up the opportunity to drive things forward on his own terms. Given the amount of wealth that's now open to him, I hardly think he'll want to hand over the role and hope for the best - not till he's already got the company where he wants it. IMO.
Here's wishing all shareholders the best for a potentially momentous day in the Vast story tomorrow.
Unless of course he were to give up his position within VAST.
Don’t ya just love CtrlC, CtrlV.......
MCAP 25m
I will have a significant holding here medium to long term Antharry to see the extraction of the Silver and Gold aswell as the Copper, Zinc, Molybedenum & Lead, especially with Double the Output/Revenue forecast for Q1 2021 and a multiple commodity producing EUROPEAN geographically located Producing Mine.
RNS: 17 AUG 2020
FIRST SAMPLE
Copper Concentrate:
35.2% Copper (Cu) at 88.2% recovery
14.8g/t Gold (Au) at 78.2% recovery !!!
954g/t Silver (Ag) at 76.9% recovery !!!
SECOND SAMPLE
Copper Concentrate:
43.4% Copper (Cu) at 93.8% recovery
3.98% Lead (Pb) at 80.5% recovery
7.48% Zinc (Zn) at 38.9% loss
17.7g/t Gold (Au) at 75.2% recovery
1393g/t Silver (Ag) at 83.0% recovery !!!
Zinc Concentrate:
0.70% Copper (Cu) at 0.2% loss
0.16% Lead (Pb) at 0.5% loss
62.99% Zinc (Zn) at 51.1% recovery
0.62g/t Gold (Au) at 0.4% recovery
127g/t Silver (Ag) at 1.1% recovery
THIRD SAMPLE
Copper Concentrate:
34.6% Copper (Cu) at 91.3% recovery
0.15% Molybdenum (Mo) at 2.9% loss
14.8g/t Gold (Au) at 72.7% recovery
763g/t Silver (Ag) at 69.3% recovery !!!
Molybdenum Concentrate:
1.3% Copper (Cu) at 0.2% loss
45.2% molybdenum (Mo) at 65.3% recovery
6.5g/t Gold (Au) at 2.3% recovery
128g/t Silver (Ag) at 0.9% recovery
antharry: lol.
Imo. Antharry. RNS’s will be ‘ Wham, Wham, Wham, Wham from here in, with multiple positive / perfectly orchestrated and precisely timed (For the benefit of the Holders) Investors and Traders are either IN or they’re OUT.
B3NTL3Y
I'm pretty hopeful that we're now moving in the right direction. If I owned just shy of 10% of a company and had to hold for 12 months, I'd be working day and night over that year to really pump the SP. Sell after that time or not, he's got some dollar invested that he can't touch now
Now that AP's family affairs have been sorted I think we'll find key deadlines (e.g. BP consignment deliveries, payments, finance paperwork) WILL now be met and will lead to a rapid increase in the share price. Hopefully we can now ALL look forward to making some money here...
Some good companies come out of Aim, a bit more risky I know.
As you say Aim for trading and FTSE for investing !
DYOR and longterm some will be good investments
leicester.. Aim is a gravy train..end of.....
not sure about the fails to deliver though...we are now a producer.....i think its more fails to meet shareholder expectations......Vast is my first and last foray into Aim investing.......it truly sucks.......
..Ftse for investing and Aim for trading.....more fun and a lot less hassle
we live in hope yrab :-)
Interesting to see if the give themselves a pay rise on the back of the first Sale !
AP has failed to deliver and needed Placings to finance their VAST salaries which quite frankly for a non profitable organisation is a disgrace.
He is another Chief Exec that fails to impress ! and fails to deliver !
Let us hops things change very shortly
case.......maybe the BOD do like to trick or treat all the time, its been a while since we had a treat though............ Time has flown by since he told us the finance would be finalised by end of November [this week] and I just think it will be delayed [another trick].......... he has had a lot on his plate, but I just hope that the timelines came from the Bank and not Andrew, as they are more trustworthy probably............... who knows, but peeps have a lot of shares to hoover up in the meanwhile. B
Sandy - agree with you...
AP had been lining up his own pocket - now it is aligned with shareholders, I am sure everyone will benefit from it.
1 - expect material news flow (not the faffs we have received so far)
2 - suddenly VAST are able to deliver things on time (will happen)
3 - expect SP re-rate over the coming weeks and months...
PS: my holdings haven't changed and haven't/won't add to current holdings..
GLA
yrab....dont think he's an idiot, i just dont think pi's figure in his thought processes at all...
as regards timescales i gave up a long time a go giving them any credence...i've no idea why he keeps doing it...maybe its some sort of in joke with the vast bod
like others on here i'm just hoping he can make vast a very profitable mid tier producer, at some point the sp will catch up......till then its just fingers crossed nothing major screws things up....
we all want to see mid tier, [£200M MC], and there is no reason why that cannot be achieved over time. That's a big bagger from here and my main concern is how the BoD step up to that status. Andrew has had 3 goes at telling us when we will get paid for the first shipment.... his first go was, Early November, [failed] then he had another go...... telling us it would be next week [failed] and now he says it will be tomorrow..... makes him look like an idiot and not in control..... [sounds familiar]. So he needs to sort all this planning business out and start acting professional. He gets a top salary and is not giving us top performance. Off to business school please Andrew. B
I for one would be extremely happy to see AP transform his current share value from £2.5m to £26m...!!
If in doing so he increases the value of my holding by 5X...!!!
AP has had the foresight to recognise the opportunity. Yes, he has exploited shareholders to fund the development of the asset - buy finally he is fully aligned with shareholders.
Bring on the raft of PR, regular positive RNS's and transformation of this business into a world class asset and producer!
I for one will not be selling a single share!
Looking forward to the finance deal. Really hoping it gets finalised next month. GLA
nice one Sandy.... Everyone should try and ignore the number of shares in issues [yes its hard to do that].......... and go by the market cap, consolidation shouldn't impact on that, but we all know that psychology does. AP is now in our boat and it is more exposed than the boat he was in when he had his 20% in a box under his bed. This means what he says impacts on his wealth as well as ours, I therefore expect him to now change and be less Arthur Daley......Time will tell and I suspect the removal of his ownership was part and parcel of the Bank giving VAST the finance deal later this month. It would be great to get back in the 20s.......... its been a while. B
Now that Vast has bought out APMG's remaining 20% share of BPPM (among other things) by way of this issue of equity, it seems to me that the CEO is now highly incentivized to see the SP rise.
At 0.17p, 1.5b shares are worth £2.55m. At the 1.44p he picked in a light-hearted sweepstake some time back, as I recall, 1.5b shares are worth £21.6m.
I know that I personally would be keen to do all I possibly could to make £2.55m become £21.6m. I am very sure that the CEO will be working hard to maximize FCF at BPPM, to nail down the diamond JV, and to bring on other Romanian assets.
Let's see what he can do.
Job number one: collection and payment by Mercuria this week please. And while we're at it, planning for shipment no.2 must surely be on the radar by now.
Job number two: binding Term Sheet for non-dilutive finance this month please, towards final approval of finance in December.