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Vasts assets 1bn?
I’m delirious with a post-Glastonbury covid, but I don’t think any of the loons there would come out with anything so crazy!
Pecten: your post at 13:49, I fully agree.
Some people here just don't get the concept of a discussion. This BB has almost naff all influence on the SP, as proven over the years. Posting here is not (or should not) be about trying to influence the SP in any direction because that's a rather pathetic thing to waste one's time on.
It's a DISCUSSION. Duhh...
PS. A lot of the comments listed by FTH and/or Firwood are actually a simplistic caricature of what the 'naysayers' have said. So it's not really a list worth bothering with anyway.
Quant, is that the same FigLeaf who, as a proven paragon of accuracy (lol) has on at least two occasions (even after his mistake had been pointed out), claimed that VASTs assets were worth $1bn, when he should have actually been referring to Ro?ia Poieni?
Should that have been allowed to go unchallenged?
Quant: "it would appear that the 'naysayers' are very active on this board, as evidenced by FigTreeHarry's post at 11.05 this morning, that has met no response from either of you".
It would appear that rampers are more active today, as evidenced by FTHs long post, oddly reposted by you, apparently in an effort to pick a fight for no reason. Off that you seem to be insisting that 'naysayers' ought to be more active today while simultaneously saying we're too active.
Are you a very confused person?
I am all for a balanced argument Pecten. But it would appear that the 'naysayers' are very active on this board, as evidenced by FigTreeHarry's post at 11.05 this morning, that has met no response from either of you . His post is repeated below for ease of reference:-
To share some of Firwood comments, added with mine, hope he will not mind...
A selection of the untruths that we’ve encountered past 4-5 weeks
Such has been the myriad of untruths repeated by the same few, none other than the derampers. One by one all fallen flat....
‘Will be bust in no time’ (nope)
‘Atlas will seize BP’ (they didn’t)
‘Vast have no money’ (cash in the bank)
‘There is nothing in the mine’ (spectacularly wrong)
‘The drills will not arrive’ (they have)
‘Mine is flooded’ (it’s not)
‘0.01 coming’ (just before a 20 bagger)
‘Vast cannot get finance’ (finance secured)
CEO should be sacked: No.CEO guided company out of Covid pandemic safely, and has made very good progress since. Myriad of companies have struggled and gone under.
Zimbabwe would never work with VAST - Diamond project is still open
CEO: Production has been rising month on month
We are slow (June 27th CEO: operations 6 weeks ahead of planned schedule)
VAST will never reduce its debt (July - 1st payments will be made due to reduce debt)
Machines will breakdown - they have not
They will not make profit - They will make profit and reduce debt accordingly
They were supposed to make profit 2-3years ago - Licences were only granted 2018-19.
Next Reporting:
June 6th VAST were supposedly already in a closed period according to CEO, when questioned about further director buys. Source: June 6th QnA interview
(A closed period is 30days prior to reporting according AIM rules)
Q2 results may follow first, followed by interims, sooner than expected, with potential director buys same time.
Keep the focus and recognise great potential when it’s put in front of you today
>>At £11.2m I added...
GL/ ATB
Quant, you say 'we should look at both the positives and the negatives'
But at 11.43 in your scornful reply to Sandy, you said 'Naysayers are here for a reason'
So which is it?
Yes indeed, we should look at both the positives and the negatives, as in any share. With the mcap hovering around £11m, how does the risk/reward equation stack up for you?
Quant, I wouldn't dream to speak for Sandy,as I'm sure he'll correct me, however, it's less to do with an obsession about the share price, it's more to do with proof of progress and the closing of the belief gap that VAST will become profitable at the topco level.
I think we've both acknowledged positive moves ( the rigs and the second mill line fall into that category) but we've both seen that transparency has been, and continues to be an issue. Anyone who chooses to only see positives and ignore challenges and tries to sucker others in with that attitude is foolish and dangerous imo
Quant, I wouldn't dream to speak for Sandy,as I'm sure he'll correct me, however, it's less to do with an obsession about the share price, it's more to do with proof of progress and the closing of the belief gap that VAST will become profitable at the topco level.
I think we've both acknowledged positive moves ( the rigs and the second mill line fall into that category) but we've both seen that transparency has been, and continues to be an issue. Anyone who chooses to only see positives and ignore challenges and tries to sucker others in with that attitude is foolish and dangerous imo
Quant, I wouldn't dream to speak for Sandy,as I'm sure he'll correct me, however, it's less to do with an obsession about the share price, it's more to do with proof of progress and the closing of the belief gap that VAST will become profitable at the topco level.
I think we've both acknowledged positive moves ( the rigs and the second mill line fall into that category) but we've both seen that transparency has been, and continues to be an issue. Anyone who chooses to only see positives and ignore challenges and tries to sucker others in with that attitude is foolish and dangerous imo
One can only assume then, based on your posting histories, that cheap shares are your target. Fair enough. Hope you don't mind if I join you. 35% there so far, how about you guys?
Qant: "Naysayers are here for a reason, otherwise why bother eh Sandy".
It's a discussion board. So the reason is to discuss. Given the amount of BS spouted by some rampers, it makes sense to cbalance that with some realism. If you want to call that being a 'naysayer', then more fool you.
Definitely the first time I've been called woke lol
The only payroll I'm on is my own - what about you?
Wow, so you are simply a philanthropist then Pecten, just here to help us all out eh, and not on anyones payroll?
How very 'woke' of you.
Quant'Naysayers are here for a reason'
As I'm not one of the ra-ra brigade, then I assume I must be a naysayer
One of the reasons I'm here, is to try and keep a sense of reality on the bb, rather than blindly optimistic speculation that is generated by some of the recent visitors.
You wouldn't want people to invest in VAST without looking at the full picture, would you?
Great addition to the post Figgy
FTH, great post. Naysayers are here for a reason, otherwise why bother eh Sandy.
Pecten- The churn will clear 'shortly', sorry to trigger you lol, it is not unlimited. Then news will flow and VAST will rerate accordingly.
To share some of Firwood comments, added with mine, hope he will not mind...
A selection of the untruths that we’ve encountered past 4-5 weeks
Such has been the myriad of untruths repeated by the same few, none other than the derampers. One by one all fallen flat....
‘Will be bust in no time’ (nope)
‘Atlas will seize BP’ (they didn’t)
‘Vast have no money’ (cash in the bank)
‘There is nothing in the mine’ (spectacularly wrong)
‘The drills will not arrive’ (they have)
‘Mine is flooded’ (it’s not)
‘0.01 coming’ (just before a 20 bagger)
‘Vast cannot get finance’ (finance secured)
CEO should be sacked: No.CEO guided company out of Covid pandemic safely, and has made very good progress since. Myriad of companies have struggled and gone under.
Zimbabwe would never work with VAST - Diamond project is still open
CEO: Production has been rising month on month
We are slow (June 27th CEO: operations 6 weeks ahead of planned schedule)
VAST will never reduce its debt (July - 1st payments will be made due to reduce debt)
Machines will breakdown - they have not
They will not make profit - They will make profit and reduce debt accordingly
They were supposed to make profit 2-3years ago - Licences were only granted 2018-19.
Next Reporting:
June 6th VAST were supposedly already in a closed period according to CEO, when questioned about further director buys. Source: June 6th QnA interview
(A closed period is 30days prior to reporting according AIM rules)
Q2 results may follow first, followed by interims, sooner than expected, with potential director buys same time.
Keep the focus and recognise great potential when it’s put in front of you today
>>At £11.2m I added...
GL/ ATB