Member Info for APD708

today the SP dropped -3.50. I am expecting this decline will continue as there will be more sells in fear. And also in fear of uncertainty or negative market sentiment (as max19 has nicely put it), I imagine there will be less buys.

So those looking to buy this share which will provide at least a 3 to 4 times return from its current share price in the next 18 months as per my estimates get ready to buy.

Of course, please do your own research before investing.

Most of the shares that started to pick up post 9th Nov & Ince was one of them (1st vaccine news) are on the decline due to lockdown which may be extended beyond the 15th Feb. If the decline continues and goes below 30p level I would suggest buying as many as one can.

@Allwinnerspaid, look on Page 2, there is a post "AP is in at 0.40 - his family is in at 0.55"

Adrian Badita - appointed GM of BP on 18th May 2020

Problem with Adrian's performance or was he not experienced enough to run/lead BP into profits?
Did Adrian find a better opportunity for himself?
Did his personal circumstances change that he couldn't continue at Vast?
Did he not get along with management or vice versa?
Or is the plan that Adrian will stay with Vast and run Manaila at some point?

https://www.**********.co.uk/articles/vast-resources-appoints-general-manager-to-oversee-baita-plai--8547cb6/

by the end of 2021, it will be between 0.5 and 1p, with copper prices staying at current rate or above & with some luck Vast may even leap over 1p.

I am counting copper prices, and on Marcus and BP.

WOW - excellent hire by Vast. Long term future of BP is in great hands & Marcus can develop other assets like Zagra & rejuvenate Manaila.

Has been a Geologist, Project Manager, Mine Manager & a General Manager. Has turned around mines before. Has 3 degrees. I am sure all of you can check his Linkedin but thought of putting some of it here.

Good Luck Marcus!

@Andy, don't worry yourself with checking the SP lots of times during the day (if you don't have other things to do then of course you can check as frequently as you want) as the SP will not suddenly jump just because others on the BB are saying it will. The SP won't rise without a positive RNS either about Baita Plai or abour Zimbabwe or about Atlas debt being paid by selling other assets Vast have, etc.

In regards to your query whether SP can go down, indeed, it can if Vast need to raise more money by issuing more shares (placing) but for that Vast do need existing or new investors to take part in the placing. If there was another placing of any value the SP will drop below 0.10.

In my experience, the SP has found support around 0.12 and 0.13.

This situation that Vast is in at the moment and the current SP may turn out to be a golden opportunity for the existing or new investors who are willing to take the risk if it goes smoothly from here on for Vast which it can as BP is producing and the revenue estimates look good (given Vast can deliver as per the estimates)

I am as certain as I can be that you won't lose your investment in Vast. Let's wait for the next RNS and see what lies ahead for Vast and all of us invested in Vast.

@AndyPaterson, at 0.18 you not in a too bad of a situation my friend compared to the LTHs. I am sure sometime this year your investment will double. If you are prepared to hold for the next 2 to 3 years I am certain your investment will be 5 times in value. Hopefully, this cheers you up.

If you are looking to double in few weeks kind of timeframe then Vast is not the place you want to be at.

@Lemonsqueezy1, I don't know if you are aware but those forecasts were produced by Craig Harvey COO (Vast employee) so you can imagine why those figures are not entirely given the consideration their deserve. And as those estimated figures were produced in September 2020, and since then we had two deliveries but we don't know the details of the deliveries.

Hence why no immediate re-rate.

As you must be seeing with other mining companies (who are not even producing) and when they release RNS with drilling updates which are even half decent the market jumps with joy and SP goes up rather quickly. But Vast is producing and still no re-rate on delivery updates RNSs as the market sentiment is very low.

It will take time for the market sentiment to change and the trigger for that will be Vast continue to produce at BP and release appropriate RNSs at appropriate time.

I will be very honest, after watching the Crux Investors interview, I felt there will be less RNS and twitter updates as I think AP and Vast had realised they didn't help Vast and SP (you can see throughout 2020 how many good twitter updates came out but they didn't help the SP, they definitely helped retail investors to follow the progress with BP)

@Andy, if you don't mind me asking at what rate did you invest in Vast? Don't tell me how much you invested just curious to know at what rate did you invest?

You're right, read their results released in December last year which will show % growth in china was up. They have presence in Dubai (lots of money and clients there too) as well.

I don't know exactly when they will release the next trading update. Keep an eye on their twitter https://twitter.com/TheInceGroup. They announced today of another hire in their shipping team.

They have hired lots of partners in high positions last year = to new clients and growth = more profit = may be reinstating the dividend some time this year.

@wcbham, I don't think there is anything specific to Ince. Of course, there are more sells than buys in the last few days which I am sure others have noticed too.

These sells I imagine are from PIs who likely invested around 20p or thereabouts looking to cash in. Ince's fundamentals are solid and it profitable. I have listed some below. I am holding for at least 2 years.

1. Only 68.5 million shares in circulation after the raise of £12 million on 15 Jan 2020. The reason for the raise was to complete the merger and to hire high calibre partners - https://ir.q4europe.com/Tools/newsArticleHTML.aspx?solutionID=3680&customerKey=gordondaddsgroupplc&storyID=14572960&language=en
2. The entire board in total bought £2.5 million of shares at 45p on 4th Feb 2020 (some took part in the placings).
3. They have £8.3 million debt which will be easily paid off.
4. They are profitable.
5. They have hired top partners in the last few months as part of their growth plans.
6. No false promises, pointless RNSs or twitter messages.
7. Totally professional board, CEO is super competent.
8. They run Q&A for Analysts for interim and annual results.
9. They run a separate Q&A for retail or personal investors like us and we can ask questions directly to the CEO and/or the CFO. If they don't have time to answer on the call then they write the answers and circulate them.
10. 50% of shares are owned by institutions.
11. Until 2019 they paid a dividend. In 2020 they didn't but they are planning to start in 2021.

Mr AP lives in Bucharest. I still hope he can't fly out of Zim if he is there already so the deal can be done.

I do pray that he doesn't get infected by Covid.

Yeah, most are retail investors buying these shares and when there is a massive price drop like this more buys are expected. Most retail investors don't have the experience to really understand implications for this kind of RNS.

I agree with you @HereKittyKitty. Is there an any debt? Do you know? You didn't mention any debt in your figures?

yeah Troajan i am invested in Vast, I am going long (at least for next 2 years) as it will bounce back to 0.5p level may be late this year or some point next year.

Enjoy your retirement :)

Just read your post this morning with updates on some of the companies. Love you work buddy. Just curious to know if you are a full-time trader?

AP's said on the Crux Investors that comms will be less frequent. Vast's twitter has been quiet too. We will have to get used to reduced comms and let's hope that we get used to seeing the SP higher for good and no going back.

Great to hear Paul :), do have any assumptions/points you are basing your prediction on?

Sorry Doc was talking about another share and when he was saying to hear something in the next 2 to 4 weeks.