Member Info for APD708

We all know the effect of an upward Momentum on a SP, let's hope this upward Momentum continues.

Most of the investors including myself are in -ve and I am praying for those whose investment has reduced massively that at least they break even.

GLA.

Thank you @JmcJ. In your view, can Ince can hit 200p this year?

I am thinking the same, keep Ince indefinitely if they start dividends and continue paying them.

Good morning @Samroy, just curious how long do you plan to hold this investment. I am asking as I am going to hold for at least next 2 years. And what was your entry point, below 20, 30, 40, 50, 60? Mine was below 40.

Just curious to know your view to get a bit of an idea on what other long holders are thinking.

playing devil's advocate, what would be the effect on the SP if commercial quantities of oil is discovered in Basur-3 which is an appraisal well and not an exploratory well?

we all know the risks with oil discoveries...

HUR's major investor has called for a General Meeting to remove 5 or so directors. Have a look at HUR's RNS from today.

Wish we had a major dissatisfied investor to call for a GM and replace the BoD.

Adastra, one thing that could throw spanner in the works not just for Ince but for the market as a whole is rise in inflation and inflation staying above normal levels (normal levels widely accepted globally are up to 2% inflation).

Inflation is expected to rise due to consumer savings build up and quantitative easing.

We all know the effects of inflation on the market above normal levels is not positive.

Keep an eye out for inflation. I am long term (at least next 2 to 4 years) so I am not concerned with inflation

Hi Cornishknocker, over on the Vast board, we were wondering if you have looked at Vast recently or ever, we would greatly greatly appreciate your view on Vast if you could spend some of your valuable time please looking at Vast?

mr008, it could be a dead end rather than a buying opportunity as you are putting it. Only invest what you can afford to lose, particularly in Vast.

tbtt, i agree with your views. Also, it would be great if Cornish can have a look at Vast. I will ping him on rmm board. I am long on rmm too. He may be not interested or may be he has already looked at Vast being a copper miner.

rmm dropped today if anyone would like to invest some money in it.

@Sam, they are not pushing for the diamonds. The text around Zimbabwe is a standard boiler plate text that is included on the relevant RNSs.

Also, look at Vast's twitter - it is there as well https://twitter.com/vast_resources?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

The point about Zimbabwe is in the RNS to broadcast to the market that Vast haven't given up on Zimbabwe. It doesn't mean anything more.

@Tiger, Alrosa were granted a couple of dozens of licenses a few weeks ago but didn't include Community Diamond Concession, Chiadzwa, in the Marange Diamond Fields. Let's see what future unfolds after consolidation, production progress with BP, Zimbabwe, etc. etc.

Can Vast return to SP around year 2010 in the next few years from where it is today? Are most of the very old investors in Vast willing to hold for another few years and see what they get? Will copper prices keep going up and maintain for next few years? Many questions.... Vast need to produce the goods.....

Why?

Indeed max19.

Also, as per the RNS on 29 March 2021 "Ince will issue a trading update in the second half of April."

If the trading update is positive or very positive we may cross 100p - do we think?

I am neither a ramper or de-ramper. If Vast can live up to this mining plan then even without the actual production figures (which will be released twice a year) we can say goodbye forever to 0.10 SP level. Anyone shares my view or otherwise?

Of course Eric - thanks for reminding, I totally forgot my own research which I did few months ago. We owe $7.5 million or so to Atlas on the loan. And our total debt is around $8.5 million.

If Atlas converts then they may include that in the same RNS with updated mine plan to soften the blow so to say.

Does anyone know how many more payments are due to be paid to Atlas?

As per the RNS on 26th Feb "The Company is aiming to complete and announce the revised mining plan around the end of March."

yeah Matty, i just hit send without putting my RNS point. I am not a de-ramper :)

sorry the link https://www.youtube.com/watch?v=rEE5bVr-fw0&t=400s

The above link is also on their company website http://www.clearleisure.co.uk/investor-relations/ceo-s-interview.html.

Those who a bit about website security would have spotted the warning sign in the web browser when you go to Clear Leisure website. This can be easily fixed by purchasing a web ssl certificate (few hundred pounds maximum cost) and installing that on the Clear Leisure website.

Apparently, Francesco has a background in computer science.

Why has it taken him 3 years to not get the mining operations up and running? Or is it the case that Clear Leisure are trying to capitalise on the rise in Bitcoin and cryptocurrency prices which could crash as quickly as they rose (in few months)?

When will this go to the moon?