London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Easily on track to 1p. Do not believe me. Wait and see.
Mark could be more if the Diamond signing happens next wk.. Monday 6th July.... in Zimbabwe
Yeah, I believe that 1p is a good start. It will only be the start, though, but it will enable us to then push on with fulfilling our true potential. 1p is not going to be life-changing, but it will give us a leg up we need. 1p is definitely going to happen based on my research, but yes you are right, it could easily surpass that.
1p? riiiiight...
1p x 12.45 billion shares gives a market cap of 124.5 million quid
Bearing in mind the company's production status and this management's track record of failure and broken promises, excuse me for asking but...
...are you sure?
when you put it like that....lol
Yeah, I am sure. Just wait and see.
Let's just keep it simple here. One of the quotes from the worlds great investors 'Warren Buffet 'Keep It Simple Stupid'.
Look back just before the deal in Zim was about to be signed, it was approach 0.60p, not too far off 1p. There is more going on now than back then. With everything to come then yes, 1p is very realistic and will be a good first step.
dvharrison
You're in this too? :)
'Keep it simple, stupid'
LOL - that's nice.
The last time VAST was even at 0.5p it had less than half as many shares as it does now.
'Keep it simple, stupid' - and thanks for the laughs
Well, I didn't become wealthy in retirement by not adopting this strategy. Do what you will but learn from others. You wait and see for yourself.
Mark, not the first time you have mentioned on here about being wealthy. Maybe you could afford to buy some humble pie.
We have all been waiting a long time Mark -- that's the point
Do you want to break down how VAST gets to a £124M valuation? How much does BP need to produce and at what margin?
If going on $1m per month FCF from BPPM, or about £800k, then BPPM in full production could be £9.6m per annum FCF. If you were reasonably bullish and applied a P/E of 15:1, then you get £144m m/cap on that asset.
But it would not be immediate. Let's get to production first.
I could break it down and waste my hours being bored to tears. But then again that goes against my philosophy. The proof is in the pudding that this company is on the verge of great things. You only need to look at what is going on in Vast camp as a testament. We are all here because we believe the potential. Plus, we know what it looks like to have a deal almost signed in Zim, remember that sharp rise last year? Luckily, we have seen it. Unfortunately, that never did materialise but when it does, it will be colossal. GLA. Back to my old fart routine of watering the plants. Take it easy.
Sandy, Anglo American only had a p/e of 10 last year but you speculate VAST at 15? Really
Your right though, let's actually get into steady state production first, then forecast p/e ratios.
You want to start a sweepstake to when that may be?
I’m not saying 1p is going to happen, but we jumped up to .5p in Oct just of the back of the finance news. 1p wouldn’t surprise me though once production results start coming in and on receipt of positive news from other assets.
And how many fewer shares were in issue then Moneymaker?
That jump in value gets split into many, many more slices
"The proof is in the pudding that this company is on the verge of great things"
LOL - that's another cracker Mark
Er, where's the proof exactly? Where's the pudding? You have no idea Mark. All you can actually do is boast about how wealthy you are.
You cheerleaders still take management promises as gospel even though they have been shocking failures for years.
Even sadder that simpleton PI's are being sucked-in yet again by the P&D boiler room crew. (Twitter is infested with #VAST promoters at the moment)
Pecten: "Sandy, Anglo American only had a p/e of 10 last year but you speculate VAST at 15? Really".
I'd prefer to value at P/E 10 in current economic conditions. But I wanted to indulge Mark's optimism, and I did say 15 was the bullish option...
Hi 4kandles,
What about the polymetallic mine about to open?
Forget about it,not for a long while anyway....0.50-0.60p in the near term is far more realistic target...and even that is base on assumption that things will go tikity boo on the production side...
Of course had we get the nod regarding the diamond deal then it's a completely different game,but this is pretty much BIG if...IMHO.
GLA.
Children children childern - you lot are the reason i very rarely post on here anymore...
Predictions, knockdowns, infighting, name calling - how about you just take responsibility for your own investment choices, whether good or bad - if you don't like a particular share then fcuk off and leave the board to people that are genuinely invested...
#Vast in Romania are on the verge of being in production - and the diamond deal remains to be seen... Nothing on Aim is ever as straight forward as it seems - and don't ever listen to the erm google experts on here...
Good luck in the run up to Romanian Production - this month?
;-)
4kandles what you said is incorrect, the correct information is the last time this share went to 0.5 we had over 10 billion shares 10,219,082,366.
MMs on lunch it seems - nt a lot happening now but will start to move after lunch