Member Info for APD708

yep @Andy, no fun or lol here man. This is serious business. Indeed, AIM has reputation for risky investments but most companies trading on AIM have good reputation and are far from the real risk of bankruptcy, delist or privatisation actually happening.

Good point @DDHammer. For SP stability we also need institutional investors.

Yeah but rebound to what level? And that is the irony, copper is up and Vast is going down. Exactly opposite in harmony.

Who thought this would happen in the new year? I didn't see this coming.

I am in situation as yourself @ MJTTrading.

@Sarah, exactly how come that idiot not work it out? But sell Manaila to who? Hopefully someone will buy wit copper rising.

If we believe all the words that AP or whoever writes in Vast's RNS so far then how can one trust what is in this RNS. Something is not right with Vast. Who is running the agenda and what is the actual motive?

There is no mention of the Atlas conversion. Does that mean they are going to start converting from now as they agreed not to until 1st Jan 2021. C'mon, they should have mentioned about Atlas in the RNS. Rather than saying we have £4.85 in the bank from the placing.

If Atlas converts, more dilution. At this rate the shares outstanding will reach 100 billion soon... This will be a record on AIM, right?

Excellent point Andy. Suggests incompetent management for sure and inexperienced CEO & BOD.

Seriously Mark???? What's the internal news - tell us more....

I agree with you @Stark. I am holding for few months to see what happens and to try not to lose any £££ (as I bought recently). I gave AP the benefit out of doubt so far but this RNS has raised serious question marks over AP...

@robsaunders, you must be from another planet mate. There are optimistic people and there are other kind. Wake up!!!!

processing plant 40 miles away = 30% additional costs. Sorry to jump in. Other mining companies who have flotation plants away have similar additional costs.

Been checking other AIM companies exploring and/or producing copper/gold and most of these companies (and many are not even producing) share price is up since the last 2 weeks of December. Vast is still on the runway. Let's pray and hope Vast has a good year like no other before.

GLA.

@Farmer27, you're absolutely right to hold. Until we hear any news I would recommend those who have invested in Vast to hold.

Super. May I ask why you bought Vast please? Just want to get your point of view. I am going long with Vast.

AS per ADVFN, apparently one of the investors has seen an email from Andrew Hall (Commercial Officer) that Vast is expecting to hear from the bank next week but the bank has not given any timeline. If this is true, then this explains why we haven't had any RNS in regards to the bank's decision.

Vast Baita Plai is hiring (some more jobs added) - https://www.jobrapid.ro/companie/vast-baita-plai-sa-p-l-baita-plai-bihor-189961.html

@ V111JAS, what objective facts do you have to support your view, please share? As you say, you mentioned this 2/3 years ago but Vast is still trading, and on some accounts I would argue it is trading stronger despite the drop in share price.

It depends what time frame one is prepared to wait for their investment returns my friend. Vast is indeed at a critical inflexion point and there is no denying that. Next few weeks will reveal the truth!

By the way of your accounts I assume you are not invested in Vast? But I guess you are here to save others potential losses?

Sure, I see your point antharry. They provide legal services in 8 or 9 countries along with other professional service. No real downsides to Ince Group in my view but please find two below:

1. One point that could be seen as negative (but this point applies to all businesses a bit like the astrology point we were talking about :) is the legal business is sticky meaning it is very much driven by partners and fee earners and the general risk is they could leave and join another firm and could take the clients with them.
2. It is not a quick return bet. Please prepare to invest for at least a couple of years to see the returns in my view.

For ease of access just providing the link to Ince's latest Interim unaudited results for the six months to 30 September 2020 https://ir.q4europe.com/Tools/newsArticleHTML.aspx?solutionID=3680&customerKey=gordondaddsgroupplc&storyID=14890145&language=en

If you do read the report and spot any downsides please do share.

IG UK Mining Outlook 2021 (worth watching if haven't already): https://www.youtube.com/watch?v=e8CowR-jP40

@ Sandy, I agree with your points.

@ antharry,
I see your point but you are generalising, evidence & facts are not always after the event has occurred. In our case, there are no facts of going private or delist. The main facts actually are (which we all know but stating them anyways):

1. We are awaiting to hear the asset backed finance with the international bank
2. Baita's second sale was due to be completed in December
3. Baita's in-situ 3 to 4 years revenue is circa $104 million [This is not a fact but an estimate.]
4. The recent raise in which new and existing investors took part [There would have been a brief pack for these folks to gain their confidence for placing. Please don't take placings for granted.]

I don't know if you know about astrology: for example, the average astrologer will tell you 10 to 20 things that may happen in your life in the next year and these things they tell you will be fairly general in nature (as frankly no one knows what is going to happen tomorrow) and because of their general nature one thinks back in a year and says to themselves yeah what the astrologer told me has come true. I think you get my point. If you have specific facts on why you think delist or privatisation is on the cards then please share so we can all learn and help each other.

@ Sarah,
if you read this, you asked for some shares to be invested in, I have invested in Ince Group [LON: INCE], this is an international legal firm with a partnership with one of the top 10 firm in China, there are only 5 listed on AIM & LSE. The SP at its current value 44.40p is a very good buy. If you are prepared to wait for at least a couple of years then please research before you invest. The SP is undervalued certainly and in a couple of years it will cross 200.00 in my view.

Some of the main points below:
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.

GLA.