Member Info for AmyStake

Correct but the issue in Q3 was delays in shipments so they were stockpiling product and getting zero back, thus creating a cashflow squeeze. Unfortunately thats why the yhad a couple of placings in quick succession.

Now they are financially in a much better place... Yes they still need higher production levels and yes they will need more money at somepoint, however the next big move up is where we'll see them lock in some more cash

I still think we see 0.4/0.5p from here

I reckon the ywon't need to raise until Q2 2023 now given all short term liabilities were covered with October placing plus they had £650k left over. They've also had regular shipments going out in Nov & Dec boosting cashflow position.

Those waiting for placing as next move will likely be disappointed.

Optimistic delusion that VAST will be around in a couple of weeks???

What an absurd thing to say. People may not be impressed with the way its gone but they have plenty of cash for now. Short ter liabilities into Christmas covered by placing with an extra £650k cash in bank afterwards. They aren't going anywhere. Especially as production continues to increase month on month, and is set to continue into Q! and beyond

You are getting mixed up between production and sales. There was a 350% increase in Sales so far in Q4 compared to Q3. Which is obviously good news

I agree. Negative & bearish sentiment is climaxing. Stock is at all time lows and extreme oversold levels

Just waiting for the fuse to be lit.

Interview was very interesting indeed i agree. Think at 10p it probably goes on a nice run in Jan/Feb

Its quite a good trading share with plenty of 50-100% up moves despite being on a 5 year downward journey from 200p in 2018

I've been buying around 10p area. Given they raised money here don't really see it dropping any lower before a sizeable bounce

Should start bouncing back. Falen a long long way

The debt will be refinanced next year, its not really a big issue. The main thing for holders is to see if VAST can get the BP mine proftable by April 2023 as targeted. Given production is increasing and the grade has increased i'm pretty positive. But hey its a free market. People are free to make their own opinions and buy & sell accordingly

There are due to turn a profit on BP by April 2023 as per the results RNS last month. So we aren't there yet. The market is forward looking and the update today shows that everything is increasing and on track. I'm very encouraged by this update

8% reduction lol. Seems a bit of a non event. Not sure why some are even talking about it. 350% increase on Q3 sales so can't really say they are doing bad can you

Seems we have another co-ordinated deramper attack... Sigh... Production sales are 350% up on Q3, and production levels are going to be 30% up on Q3.... And grades are up at 24%... We were trading at 0.7p for most of Q3 and now we are trading at 0.17p with Baita Plai performing significantly better. I don't understand the bearishness here personally

I'm amazed how low people will stoop to deramp. Its getting embarrassing. The RNS was another step in the right direction for Baita Plai and looks very encouraging for Q1 2023

At £4m mcap and all time lows doesn't really make sense to be bearish here given the upward trajectory of BP

“Given the end of the calendar year, the Company would like to provide the market with an interim update on production at Baita Plai ahead of the planned quarterly production announcement in January 2023. Production to date for Q4 2022 is already 15% more than production for Q3 2022 and the Board is expecting a total increase of 30% or more over Q3 2022 by the end of this month. The average copper grade of 24%, being achieved this quarter represents an increase of 40% against Q3 2022. The Company expects production figures to continue to increase in Q1 2023 and beyond.

The Company is particularly pleased to note the potential increase of more than 350% of concentrate sales in Q4 2022 versus Q3 2022 on the basis of 335 WMT shipped to date and a further 180 WMT booked to be shipped before the end of this month.”

“Based what we have already achieved in Q4 2022 and what we believe is the pipeline to the end of the year, production will see a significant increase in mining and concentrate production. This is a result of the changes that have been implemented on site and we look forward to this continued trend.

“We believe these production trends, will continue into Q1 2023 and beyond.”

Looks bullish now for a run higher

Can't buy a penny. Its going to go

I think its a smart move. There are quite a few avenues from this low Mcap that could really get this moving up fast

This is one of those scenarios where the whole market has capitulated on VAST and the snapback can be fast & furious. Just waiting for that fuse to be lit

Most on this board would hate it. You as well i reckon. You'll all disappear for a few days or weeks until it looks toppy then descend back on the LSE board with your doom & gloom again.

People like to get most bearish at the lows and most bullish at the highs. You make money being contrarian and buying the bearish sentiment and selling the bullish sentiment.

VAST has an LSE board full of resident derampers. The sentiment on VAST is the worst i have ever seen. I'm surprised anyone is buying haha

There wn't be a placing anytime soon so anyone short better hope they don't start dropping some positive newsflow on various fronts

BP exceeding expectations in the Q4 production update for example... Or Takob production starting to add to the incoming cashflow for VAST... Or a curveball involving Remin or another transaction

Will be the most hated rally of all time if this gets squeezed back to 0.5p or even higher

Seller gone for now. I also think its Marrazi again. However nothing for a couple of days now. ASK just popped to 60p and wouldn't surprise me if it pops quite hard soon

Can't believe they raised all that money at 138p recently. Now you can buy at 59p. Crazy

Multibagger for those buying down here

Extremely oversold and fundamentally way way undervalued. 2023 is a buy year and they are funded into 2024

Anyone buying at these levels should be onto a multibagger with a bit of patience

low risk high reward