Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Casper:
For those who have invested recently...all i can say.....let the MARKET talk...we have traded like 2BILLION ishares n a WEEK.....this could not be sniffed at.....markets have been bad for last 2/3 years..mainly down to COVID....now due to WAR/POLITICS/INFLATION etc we are not being aided in positive fashion....BUT
There will be and still are some companies....will shine through....due to..ASSETS they own REVENUES they create..PROFITS they make....
IMO vast is on the cusp....past is past...one should be looking at the future.....lets see how company delivers in days and wks ahead...
Exactly Casper, could not agree more.
When the boat leaves the shores, there will be no empty seats.
Just a move to 2-3p will hit the non-holders pockets.
LONG AND STRONG ...and enjoying the day.
I hope you make some good money I really do.
All I have been doing is pointing out the upcoming dilution, so if you're likely to get a better price in June
trade it till then
As harsh as it sounds Fantasy new investors are only interested in the share price moving forward. I bought WSBN after they refinanced and many peeps were telling me to keep away as the ceo is a crook, the share price shot up to 12p.
"2022 - Q2-Q3: Ducks being lined up by VAST CEO" - the only thing this CEO has lined up is placements after placements...
What AP had been lining for the last 3-4 years....
- lined up VAST share price to benefit share holders... from 55p to 1p
- lined up VAST shares in issue.. from 50m to 700m now and 1.2b after recent raise
- lined up BP production.... procured lot equipment.. and still behind on production, nowhere near to where he promised..
- lined up Zim diamonds; jewel in the crown; lined up all the paper work, distributed scarfs in london - but missed taking a pen for the final signature..
- lined up mercuria tranche 2, failed.. lined up Bergen and failed.. lined up ATLAS and failed.. now exited ATLAS (failed or successful, no one has a clue)
what he has truly lined up is the poor vast shareholders.. :) who hasn't got a clue what VAST and its CEO is made of.. GL
Perhaps it would be fantastic opportunity for them to load up now for potential gains.
You have summarised that very well FTH.
"Patience LTH’s this will pay off handsomely"
"Current Fair value =3p-4.2p"
except majority LTH bought in well over 6p - so that will not help any of them
Blimey you have some spin figtree.
You even make out the placing to be positive. I mean we'd all subscribe to a placing at 0.7p when mugs are paying double the price. Perhaps you can get Andrew to promise (again) there will be no more placings....until the next one a few months later.
"real returns for shareholders" lol I look forward to that day. The realistic day to look forward to is 10 billion shares in issue unless they do another 10 for 1 consolidation.
Cont....2/2
(Add to that a potential very big squeeze....)
Price is now well under fair value, and the recent successful subscription is priced in, (in my view) the company is only worth a poultry £5m, with huge £M-Assets under it’s portfolio, romania and zimbabwe, Tajik, and with copper production about to kick off. New mechanical drills arrival is a key game change for any company.
Q2-Q3 will mean fruition to Profitable assets.
The doubters may not like this any forms of positivity, frankly that is not my problem....I pay 1p, and very confident my investment will be rewarded. Some Profits will go to my charity. Greed in society is a poison.
Patience LTH’s this will pay off handsomely from just *1p.
*Nothing is currently priced in.
Re-rate is going to happen, we all know it.
Current Fair value =3p-4.2p
Ceo statement from the last RNS for genuine holders of VAST, this is what matter
The company is finally turning a corner and getting all it’s ducks in line (...finally). The future is what matters, yesterday’s side-show shenanigans.
Andrew Prelea, Chief Executive Officer of Vast Resources, commented:
Successful Repayment to ATLAS (done) - turning point for VAST
"The successful repayment of Atlas marks a definitive turning point for the Company that the Board believes should restore fair value in our share price.
“New Revenue streams shaping financial performance” Q1 - was excellent
As explained in our operations update of 3 May 2022, the investment and development work undertaken at Baita Plai over recent months together with the new revenue streams being introduced as a result of our interests in Tajikistan, are already reshaping our financial performance,.
‘Successful Refinancing” (TICK)
Today’s refinancing will we believe ensure these gains are translated into real returns for shareholders.
Continued support by VAST Investors (TBC in next 2-3 days)
I would like to thank Mercuria for its continued support in the Company and for its support in this transaction. In addition to this the participation of both Shore Capital, A&T Invesment and the Alpha principals and investors show further support in the Company.
“Oversubscribed” (TICK - excellent, shows vast confidence in vast potential)
The oversubscribed Subscription and Placing now gives the opportunity for the Company to “accelerate the planned initiatives to increase revenue and production levels at Baita Plai”
‘CEO - Engagement with Shareholder on variety of channels” TBC - Excellent.
"Given that this refinancing is such a pivotal development for Vast, particularly when coupled with the various operational developments which are gaining pace at Baita Plai and elsewhere, the management intends to engage with shareholders on a variety of channels over the coming weeks including through a live presentation and Q&A session. More details will be made available over the *coming days."
*Next rns is due anytime