Member Info for AmyStake

This is going to explode now i reckon.

I can't believe they need more money after raising £23m at 138p back in August. Thats some crazy cash burn.

Thats nice

NT at 2.5p

Yes agreed. The royalty deal could potentially be huge as well as the company having another $500k cash in the coffers. CEO Steve is doing an interview on Twitter Spaces this eve so lets see what he has to say. £10m mcap is crazy cheap and given they IPO'd at 40p is overdue a nice bounce

Absolutely. Given VAST is trading at barely £5m mcap you can see why i'm excited

20m print from yesterday afternoon explains the big drop. Chances are it snaps back now

Going to be difficult to grasp much from the interims given they are only up to October.

The price of Copper has moved up considerably higher, there were all sorts of problems and maintenance work going on which meant production was subdued or even stopped at times. And there were problems with shipments and delays getting them out.

That period is one of the reasons they had to raise money multiple times and thats why we are down here at this ridiculously low valuation

The good thing is that the market has yet to properly bounce back despite production increasing exponentially along with an increasing Copper price, regular shipments, tens of millions GBP diamonds potentally and chance of Remin involvement

Its poised like a tightly coiled spring

This board is full of negativity and doubters yet we are creeping higher and the lows are in

Ap wouldn't have RNSd if they weren't going to have a good chance, i think he already knows the diamonds are theirs. There were clues in the RNS...

"...the final quality assortment of the Parcel will be determined when the stones are in the Company’s possession and can be independently cleaned and valued."

Sounds like its a matter of when not if. And expecting a further update or maybe even a result in January 2023. So thats a few days max.

Hold on tight

75k shares Full Ask

Nice blog. Really does outline the strong buy case at these levels. 70% discount to the IPO lastyear. I'm really excited about their flagship development-ready Pilot field sporting 79MMbbls of 2P reserves and a significant oil in place total of 263MMbbls.

Proposed Disposal of Crinan and Dandy Discoveries could provide near term cashflow which would greatly derisk the company further

Crazy price

Time to grab some I think. Doesn’t seem to be a RNS. Maybe a fat finger

Thats not strictly true. Yess MMs are there to make a market, sure. Without them we'd be back in the dark ages.

BUT they often take a view on a stock up or down. They are often net long or short. And they most certainly do sometimes try to make the book look weak when its strong, or vice versa. Thats all fact as my best mate is a market maker at WINS and i know quite a few of them. There are plenty of tricks to the trade.

So although the term 'market maker games' is used far too often when the price doesn't go the way people want, its also true more oftne than people expect

Well lets also not forget that the resident derampers have been calling for a placing and price to drop to 0.1p over the past month or 2, they've been hugely wrong.

In fact my commentary on the fact we've been consolidating in a tight range for the past month has been spot on. We are in the process of breaking out to the upside and either creating a higher range or pushing significantly higher if & when material news justifies it.

Maybe next year VAST will be a FTSE100 company haha

Up we go looking very strong.

Another material announcement on the legal case regarding the 129,400 diamonds owed to VAST is due this week. Im excited

To have £20/£30m potentially coming VASTs way when Mcap is £5m is crazy

Bring on tomorrow

Firmly breaking the range to the upside now as i've been saying the past couple months

We are in play. Imagine if in a few days they confirm the diamonds are theirs and that they also have a stake as part of a group of companies in the multi billion dollar Remin asset ha

1p is not out the question if both those things happen

Up 10% after spiking to 0.25p area. Decent volume compared to the daily average so interest is definitely building. We are entering a new trading range after spending alot of time in the 0.16-0.21p range.

IWe should hear more on the 129,000 carats of diamonds in the next week or so. Maybe even get a final result. I'm very excited as this was something unexpected to the bullish case. A nice surprise and i'm still expecting another nice surprise on the Remin assets that were leaked in the media back in Oct/Nov

People forget that we are trading at £4m mcap and yet there are multiple avenues of newsflow and catalysts which could multibag this.

We are just at the beginning of the next bull run

"The Board has been advised by its legal Counsel and is encouraged that material progress on the outcome of this legal action can be made during the course of January 2023 and it will provide further updates to the market regarding the status of this process"

Massive week or so ahead. Company seem confident and we are at £4m mcap with potentially £20-£30m worth of diamonds landing on our doorstep by end of month

Thats before we start talking about BP operational profitability or any involved in the multi billion dollar Remin Assets

I mean this surely is going to go mental any day