Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The huzzah of AP's lock in for a meagre 1.5billion (yes billion, yes meagre at todays rates of shares being pumped into oblivion) what are we now, 500% dilution in recent years? The lock in that we saw as a huge positive (while the other billion or so was not) is now pointless in the face of a further 3.6billion shares. We got unbelievably lucky that the SP didnt tank on 'acquiring' AP's share of BP, but I dont see that as happening now. If we dont get something seriously concrete on finance on the 15th I will take my 33 thousand pounds loss and move elsewhere. But thats just about a months salary that we are paying AP for his professional services as our CEO, so its nothing much really is it. hahahahah
LOL some kid called Steve that feels to need to publicise his positions on the stock market, I almost changed my entire investment on the back of his soap box speech hahah
Cya homie good luck thank you for announcing your departure it will weigh heavy on my own personal investment decision thank you
We've been waiting for this news for 3 years and we get a loosely thrown together couple of sentences for such a monumental occasion. if AP doesn't give us the financial details by next week I'm 100% out of here as he is literally painting out this entire company to be a scam. No financials, no details, no nothing, hyped it up for months and had interviews based around it. Releases RNS after multiple last second delays, and it just says 'yeah sorted' you absolutely couldn't make this up!!!
Why on earth does the RNS say 2.85b shares issued. 1.5b to AP. 0.225b to RT. Why is there absolutely no reference in the RNS to say where the other 1.1 billion shares are going? Anyone any clues? We're all saying they're going to AP kids, but I don't see any reference to that.
It's also funny that the lock in period is only subject to them remaining directors, very odd thing to add in my opinion, I reckon Roys gonna dip and sell up completely, might be harder for AP. Knowing how dodgy these have been previously,it wouldn't surprise me to find and RNS pop up that AP has sold all of his shares and left last week but the carrier pigeon carrying the letter notifying us got lost somewhere over the Atlantic.
Nah but legit, missing out referencing where over a billion shares are going (after just placing a few weeks ago too) is ridiculous to me. But now that AP has managed to grab hold of almost 10% of vast (converted at a 'good rate" of course) but also seems very Sus that hes just managed to rattle off 1.5 billion shares, after years of placings, literally two days before the 'definitely gonna get this shipment sorted!' is something you couldn't make up. Glad AP's holding won't be diluted a single time though so long as no one trips over the extension lead and turns the mine off.
I expect a fall tomorrow but won't be checking price until afternoon, but if the news lands Wednesday, I reckon we'll rise maybe 10% or so, drop back down, scratch our heads, and look forward to finance / diamond news until mid next year. (AP hasn't stuck to a single deadline and has pushed the dates back literally multiple times on a very simple shipment of some copper concentrate, do we really think he has the ability to land a full scale finance deal with a major bank on time?)
Good luck all though, holding 10m shares so hoping it comes good!
Said it for me squirrel hahaha
Well this rns I couldn't help but laugh out loud, I men's the wording you couldn't even make up if you were one of us you wouldn't have been able to take the embarrassment of releasing something like this. 'new old information hehe'. This will end red today, I know this for certain, yet I still can't sell out and buy back because this clown might get surprised by new information at any moment. Oh well here's hoping a carrier pigeon gets found in the mine with some new old data figures soon
But this popped up on my feed on YouTube this morning, I haven't watched it yet but AP back a few years ago spouting about our assets , I'm going to listen to it later and see how hilarious his timelines and stories turned out - https://youtu.be/IxxG6r0X9vk
Feel free to have a listen and point out any.. interesting points raised
As much as he (gender assuming here haha banter yolo) is an annoyance and knows that he is trolling (he's probably mid / late 20's early 30's by my reckoning) he (assumption) does bring valid, negative points to light. I've found many of his questions are actually logically sound and if I can't answer them, I also want them answering (thank god for mole and the boiz/gals that offer much needed insight in this completely blind world of ours)
Well the extra 2.8billion shares sucks, but it's essentially two raises (one and a half at current raising standards Jesus..)
But we actually GOT something for it, not a repaired bridge or 'operational costs' on a scale large enough to fund a private military.. we got 20% of BPPM at a very large discounted (actually legitimately a discounted rate to its value) , so yes the raise sucks but the shares going to AP will mean he will have to declare when he buys and sells any, if he starts a selling fiesta over the next several months that is when we take action as SH's, but if anything this move actually ties AP into alignment with us. Of course we get diluted at the end of the road (we think) and not earlier in the year when all these raises would have hit him too, but we still got his 20% off him at a largely discounted rate at the end of the day so we now own the asset outright.
I see the positive, I also see the absolute BS. But if it gets us proper finance so be it I'd take that finance package for the last two raises we issued and got essentially nothing for SP wise.
Get BBPM producing and paying for itself, we will be on the road to success and power. GLA
200m volume vs the near 1 billion volume we had pre placing - definitely not a leak - 3% rise in sp.. not exactly the 70-100% rise real leaks lead
Can't see your 10k buy on the list of trades today? You waiting to get in higher pal?
Tbh vast has always been a slow mover that can rise (and fall ofc) for days and weeks at a time. At the very least the placing is out of the way for this week (see what Monday brings ;) haha ) but no legit, placing done, JORC clarified as additional to what we knew, and reasons why - big big news for first sales as we officially (properly officially) become a recognised producer
This would have been amazing news had we not just had a placing days ago to cripple and lock the share price down - my guess is we will end red as the news chasers jump ship with no reaction to the obvious news release hoping for a quick buck. Hoping for first sales and institutional investment to move the sp gla :)
Well, what a joke this morning has been, but a brilliant valuable lesson than clearly AP has learned better than the rest of us - as soon as the sp raises 10/20%, cash out! Brilliant work from the BoD, raising a massive amount of over one billion shares and saying the JORC is due this week, at least he out smarted the traders and cashed in his gains before they could.
PANIC!! PANIC A LOT! omg you sound like absolute amateurs have you never seen how share trading works? My god hahahah
Yes because thats completely legal pal and Amazon is just going to shut shop and do the same thing :)
Well this is confusing, if this was any other name we've mentioned we'd be well into the 30% rise and above by now, oh we'll see you at 4.30 and see where we ended up!
Wow AP finally delivers some massive news with accurate information and figures, ON TIME!!
I'm still not certain what could have happened other than magical fairies came and swiped it up, other than that I don't think theres a known solution!