Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Fantasy- there re so many variables in play this year and as we can all agree- it has been delivery of milestones that has caused the share price and further dilution. The thing is , last year we were waiting entirely on things that were out of VAST's control.
This time round we are waiting on things to finish falling into place, however, VAST re now in a position where some of it is now down to the company. With the essential equipment now on site at Baita Plai , it really looks very different this time round.
On the other hand, I don't get why the Zimbobowe government has taken so long to issue thegreen light. This is especially with the community behind this project and the county's need for income. Again, the current global situation may play a part in catalysing them to pull their finger out.
Zimbobowe Diamonds (as previously mentioned) would be a welcome bonus, but if AP could continue giving regular news on Baita Plai, I think that on its own would send the share price northward. I also believe and think that the share price will be somewhere in the low 20's this week.
Fingers crossed, but interest is starting to bring VAST onto people's radar.
Sandy - AP was slated for taking part in SP prediction.. There was more to last year's SP prediction - I wouldn't want to go there now.. But I am sure AP will not take part in an another SP prediction if there was one.
We all agree on potential - but delivery had been missing so far... As far as I am concerned, 1.44p prediction was BS. We can agree to disagree.
GL
Actually, the Axis Flash Note refers to potential $20m FCF, or (say) £16m. At a 10:1 P/E, and on current shares in issue, that would be very close to 1.44.
So the point that this is based on having the mines in operation is worth taking seriously. Certainly no need to keep dismissing it with sneery jibes.
Mizman - "Previously CEO had price prediction of 1.44. That was based on two operational mines. Almost there, in the next few months." - You may to write to AP and check if it was a real prediction or if it was a game for fun?? I was told, it was for fun - if it was for real, you know how I would call it? BS.
I am positive of all the developments over the last few weeks - with China equipment coming and one step closer to production.. Finance and production still needs to be delivered. 2p by xmas prediction is considered to be a joke in VAST BB if you are unaware - check with famous castaway! :)
GL
Look at the market Cap without anything in play. At this point there is a disconnect between the mcap and assets.
Share price and market cap were proportionally higher last year and we were not as close as we are now.
All we were waiting for were permits. Now the difference is the equipment is being installed at Baita Plain and the business can atleast start before the rest of the equipment atrives. (Like the rail bender).
As previously mentioned, there is even a stockpile of material to process already there for a nice start.
AP will deliver a chain of good news that started this week and as much as Axis capital's balls up on Friday, was incompetent- I believe the market read past typos and this will be corrected imo in a Monday morning RNs to start the week and am sure it will attract more investors as well as the British bulls post. Lol looming good and think it is just the start .
I have seen the video interesting I would ignore the Zim connection for the time being as I have some knowledge of Zim, it may or may not happen but they will be keen to get foreign exchange as they have none it worse there than the Mugabe Era ! Most African states only think about tomorrow not the future ! and most African Leaders want to fill their own coffers quickly before they ousted ! please do not ask me to justify that as I would have to write a book !
Whats the target here? 2020? 2021? 0.40? 0.50p?
Zimbabwe diamond news would be a welcome bonus.
At this point, unlike other points in recent years, Vast is finally at a point where positive news on multiple fronts, is looking more and more likely to come in succession and we are looking at days and weeks as opposed to just news on promises.
For the first time (in a long time), I am feeling quietly confident and believe that I am one of many.
I am quietly confident because Baita Plai is licensed, secured, financed for the trial, Vast has bought all the equipment it needs and has taken delivery of the essential equipment with the rest of the equipment arriving over the next 8 weeks.
I wouldn't be surprised if AP will drop some very positive rns's during this period, such as refinancing on better terms and other aspects that will be very welcome.
.16p for me is rock bottom price and I think everyone will agree with me. This is especially for people holding shares at .4 , .5, .6p+
I am also sure that those who could have averaged down and suspect this week will see many more averaging down or entering at these prices.
Good luck all and enjoy the rest of your weekend
Whilst the lockdown in Zimbabwe continues, the mining sector has resumed over a month ago. Mattwales you really do need to do some research before spouting rubbish
Agreed, frustrating is quoting lines out of context to meet their own agendas, investors should read the articles themselves and come to their own conclusions but BB's are good if constructive as it allows to check your own understanding becasuse sometimes even I look through rose tinted glasses!! Overall article sums up the position of the company and allay fears/doubts, and shows the long term potential.
EPO ?
Please stop using lazy acronyms
If you can't be arsed to type stuff out in full, just dont post at all
CalmSeas: yes. It was a typo, now removed. A lot of fuss and bother from one poster over nothing.
Constantly amused by the keyboard hiding warriors on here. If I have major concerns or questions I ask AP directly. I would suggest you contact AP with that question yourself. Why get others to do your dirty work for you?
I agree squirrel it will be there or thereabouts.
Zimbabwe under lockdown however, the EPO is likely to be delayed for months past lockdown and normality returns.
DD with all the mining equipment arriving by mid July, not even mentioning the essential equipment for production already on site and being installed as we speak, and several 100,000 tonnes of production preprepared, why would production not commence in July. I’ve done a lot of research into Vast, I suggest you read up before talking rubbish.
We now waffle about atlas tranche 1 replacement with none diluting new funds being negotiated, but still go on to say basically if and I say if this is successful will lead to mining commencing by the end of the year. So CS if you have the ear of AP could you confirm as I believe that they don’t know how to run a business let alone a successful one. Axis obviously more worried about being sued by their clients, than AP is of blatantly lying to his shareholders again and again. So hope I’m proved wrong by mining commencing in July, but now more than ever fear not. GLA.