Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
(If I can borrow your style as an homage to your great posts)
Sandy: "I sold out in January and am not in here now. Just glanced in from curiosity. No plans to buy in again for now."
Wish you all the best for any current and future investments.
Always respected your posts and they helped to see VAST through a different lens.
Cheers
2P
Hi All Shareholders
Keep calm and chill out ??
There will be communications between VAST and a group of shareholders. The purpose of this is to review, understand and possibly tweak some of the recent Resolutions proposed for the upcoming GM and AGM.
We expect to provide you with the outcomes of these discussion before the end of this week.
We appreciate there will be a million questions but please be patient and trust the process.
So for now, it's been a hectic emotional weekend, everyone just relax until further updates.
Cheers ????
SarahLamb...'problem is the share will have fallen another 100%'
Implication that it has already fallen 100%
So how does a share fall 100% and then another 100%.
Based on that analysis I think I will stick to what the VAST BoD and the consultants, specialist, industry experts say rather than some avatar on a BB.
Also thinking about it, VAST must have sought permission from ZCDC or at least notified them that they would release today's RNS due to the NDA in place and ongoing comms.
So ZCDC would not want to mess up now.
This is absolutely on.
No MOA, ZCDC must be happy and comfortable with VAST to go straight to JV
The Company has received official communication from the Ministry of Mines and Mining Development to the effect that all internal processes leading to the conclusion of the Joint Venture are expected to be finalised during the month of March 2020.
Diamonds were always a bonus, for now BP was and is our main asset, the jewel in the crown, Aladdins Cave, the one to give us quick returns....so it's a total grace by VAST BOD that they still haven't monitised BP since they got the license back in 2018!!!
VAST BOD putting their money where their mouth is.
The Directors of Vast who own shares in the Company have also executed a Share Escrow Agreement with Atlas whereby the Directors are offering, for no monetary reward, substantially the whole of their personal shareholdings in the Company, amounting in aggregate to 143,140,500 shares (?Shares?), as guarantees for certain of the Company?s obligations under the Bond Issue Deed together with the achievement of certain milestones.
Not like this.... it's a shame what has happened here
Was invested in SXX a looooooong time ago and sold up but kept a few in for the long term hopefully for the dividends but also to still be part of the original crew - I wonder who pipped me to those cufflinks and if they still have them.
Lots of new faces here and not sure how many of the old timers are still around but GLA for the future.
2p
Finally.....this is it. We are here and we have set off
BP, Aladdins Cave, or whatever you want to call it has finally started life again. With 6%Cu equivalent and only 2 of the 7 skarn pipes explorer this beast will rise and rise.
We have an excellent Rom team who know the asset inside out and will exploit it to it's full potential.
From here we will get Manaila, Carlibaba on line.
Then we will get Blueberry and then Zagra explored.
Loooooong wait for lth is over, we are finally moving forward....it has started.
GLA
I believe we have funding for BP sorted, but we needed funding for diamonds, AP wanted one funding deal for both assets but funders didn't want to fund diamonds as it is unproven, probably telling AP to prove asset and then come back.
So This Atlas deal is just that, let's VAST get BP into production and also prove diamonds etc.
Once this is done (within a couple of month as bulk sampling is straight forward and is also more or less production) then we will get a refinance package for both assets together, (which I'm guessing most of the terms will already have been drawn up....we've been in discussion for ages)
The refinacing and the sale of the bulk sampling diamonds (How much a month will we make from the diamonds, loads £££££s) and warrants exercised (retail and institute) will pay off the Atlas deal.
Now imagine that RNS ... diamonds proven up, bp in production and generating £££ atlas deal paid off, long term finance deal....
due to quarterly reporting (if we lucky) we will only find out how good it is all once the above RNS drops.
GLA