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Why, what has he done this time?
The CEO needs locking up!
The confusing thing for me is why we haven't raised (not that I want that!), and why Alpha haven't insisted on it given we consolidated and increased headroom to give comfort to both lenders. Any thoughts?
While we wait for some good news here keep am eye on ARS
! month ago it was 0.65 today its 1.2 just saying
Just stand in front of a mirror, point at yourself and have a good laugh. Ask yourself if any AIM CEO has delivered on anything they said they would do in the last 10 years. Then have a good laugh at yourself again.
Vast Resources plc, the AIM-listed mining company, is pleased to announce an update in relation to the Asset Backed Debt facility from A&T Investments SARL (“Alpha”) as announced on 16 May 2022 and the debt owed to Mercuria Energy Trading SA (“Mercuria”) relating to Tranche A of the Prepayment Agreement announced on 21 March 2018.
As announced on the 29 April 2024, US$1.5 million was due to be repaid on 7 May 2024. The Company is currently in discussions with Alpha and Mercuria regarding a further extension that will allow further time to finalise the restructuring finance for the Company with the owner of the Swiss investment company, as referenced in the 29 April announcement.
The Company will update the market with further details in due course.
You would better give them a ring and ask what’s happening with the diamonds
What diamonds? come on man.
If you see 0.32 you know what to do get the heck out
This has got ridiculous, what has happened and where are they? were we ever going to get them!!!!!
Why can't you tell us what has happened to the Diamonds ?
1) are you lying that they still exist to keep the company alive so that you can still draw a salary ?
2) have you signed some sort of bizarre NDA with totally unreasonaable timescales ?
Or are you just a common CROOK ?
Pathetic AP - 'VAST is pleased to announce it has not paid off $1.5M'. Why is he pleased to announce that ffs ?
They can’t their own mine up to speed, why would anyone think they could ‘assist’ a third party with theirs?
MBT on the move again!
Should the BP update prove unfavourable, the value could swiftly drop to 0.1 or lower, signaling a time to close the chapter. The fate of my investment hinges on those results.
He is trying hard to paint a good picture:-
"It is the intention of the Company to assist in increasing Aprelevka’s production from these four mines closer to the historical peak production rates of approximately 27,000oz of gold and 250,000oz of silver per year from the operational mines."
No more than we expected. Last year it was diamonds and this year its financing from a Swiss investment company. Looks like AP is running out of ideas. Isn't the quarterly production update for BP due out this week or have I got the dates mixed up.
RNS..... not paid!
Update: discussions continue. We wait.
Blue
Surely news on whether we have, or have not, paid Alpha is price sensitive yet no RNS. Have to question the Nomad here I think.
Well is good in a safe place 😂
As Shirley Basset sang...🎶Diamonds are (in the safe) forever, forever,
Never to be sold, forever, forever, forevvvvvver!🎶
What happened to the diamonds?
Santiago is one of them board hopping mongrels who spouts negativity wherever he/she goes. Better to ignore then engage with the pest that it has become.
Nice to see this moving up for once.