Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Lifestyle company 0.10 coming again
Prelea is a vampire who suck all the blood of this company
Itโs worth looking at boil in the end of this year is drilling
"They obviously no longer trust Vasts announcements and put in place mitigation to reduce their exposure."
I doubt Mercuria even read VAST announcements as they will have access to inside information, as a top tier creditor, not available to us mere mortals.
Company unable to balance the books and therefore this repayment on every sale of concentrate means even more placements going forward diluting shareholders position.
Interested to see if AP addresses PI concerns and actual puts some forecasts out there for 2024. I also would have thought there would be an update on indicated and measured reserves following drilling programme which started over a year ago.
Yes their is a payment position on any sale of concentrate but it does not alter position of repayment being due in full. There is obvious repayment issues and Mercuria agreed a payment plan in the interim whilst this saga continues. They obviously no longer trust Vasts announcements and put in place mitigation to reduce their exposure.
1nvest - Vast has a repayment plan in place with Mercuria, as reported on the 6th November so whether Mercuria has the offtake agreement or Trafigura, Mercuria will still get paid.
Whats a vowel between friends ๐
Nudge, nudge, wink, wink shareholders.
Gla
VAST tweet this morning.
https://x.com/vast_resources/status/1768166634491974088?s=20
ASI, in my view a new off take agreement was to be expected. The surprise is moving to Trafigura considering Mercuria have been supportive of Vast in the past and delays in repayment of loans. Raises a few concerns in respect to whether Mercuria is now fed up of jam tomorrow and wanting their money back. You would think things will be clearer in the next few weeks but transparency is not Vasts BoD strong point.
I see the tradition with regards a Vast rns being published hasn't changed. Get a good rns and the share price drops.
Or anyone who cannot even get someoneโs name correct ๐คฃ
Who trusts PRALEA ?
4.0113
+0.0793(+2.02%
-
https://invst.ly/13yypb
You didnโt miss out donโt worry ๐๐๐๐๐๐
You should check the dates on RNS and read the news to not just chart
Buyers in and out in a blink - trying to create the illussion of an active market !!
Pump and dump - it is all AIM is good for now !!
Spot on Tonwin! I expect some further news to follow to get the price moving then wallop more funding. There seems to be a round of funding every 2-3 months and its been a while. You cant believe a word, last time they said there would be no need for funding then 2 days later after a funding RNS. VAST as corrupt and rotten as they come.
Consolidation
Between the end of Feb and beginning of March?
Lifeline given by debt holders, the debts have not been called in. The Market and many felt this might follow COPL and go into Administration as 29.02.2024 deadline passed. Vast has been given extra time and survived this hurdle
Nice to see news rolling in now, good news needs to follow consolidation.
Look at the chart when the 2021 consolidation was done, you don't take away big shareholders shares by that factor without repaying them with a good SP rise, why did Mr David enhance his holding after the consolidation was announced? think about that.
You don't throw that amount of money at something that you know will decrease by a factor of 6 without knowing a big rise is on the cards.
ALL IMO
GLA Wontongue
Placing to follow. Imo.
There working there way out of it