Member Info for APD708

When will this go up? Anyone?

sorry, I meant to say without a positive RNS it wont go 100% ever from this level.

Is a massive placing just round the corner. The company doesn't have a lot of money it seems.

this won't go 100% ever from this SP. accept your losses or take your profits before it is too late.

Do you mean by 31st March 2021 as that is when the revised production figures & plans will be shared with the market as per the previous RNS?

Lets see...........

@nightwalker, appreciate your response. Just one point though, your definition of growth and mine (and most others) are very different.

WildCat hasn't produced any goods or services. That is real growth. Indeed, the SP has climbed since Jan 2021 which is not growth in investing terms. As you have been investing for a while, you will know and appreciate that what a company does on a day to day basis and how their share prices behaves are two completely different matters. Of course, ones portfolio value (paper profit) must have increased on speculative news. But that can go down (and into negative permanently) as quickly as it went up.

One last thought, why do you think Mr. Glyn Roberts transferred (RNS on Wed, 17th Mar 2021 07:00) 100k shares each to his 3 adult sons? Is it because Mr. Glyn Roberts can sell these shares for profits (already) and not have to declare?

Mandhir Singh has a credible track record, no doubt, but this play on blockchain and NFT sounds like a con to make a quick buck. BP, Shell and other major producers haven't worked this play on blockchain and NFT out yet and Wildcat is going to show them the way is absurd. I am one for learning so when I see all this materialise I will bow down to Wildcat.

@Lewis, are you sure this is going to the moon? I am not.

@George, if I were you I would wait for the next RNS before deciding whether to invest in Vast.

I am neither a ramper or deramper.

I invested in Vast around Nov time having researched for days (literally) reading through at least past 5 years of annual results, RNS, researching on the Internet for any issues, and at that time I thought my investment was sound and the only way was up.

But that wasn't the case as we can see from the SP from Nov 2020 until now.

Market sentiment and trust in AP (CEO) and BOD is very low. Nothing ever goes right.

There is a chance if the SP stays above .10p for few days then Vast may raise to pay Atlas further diluting the shares which presently are around 21 billion. (Kodal Minerals did a recent £ 3.5 m raise as their SP went over 0.10)

You can read my posts around Nov & Dec 20 as most of them were constructive I hope. Ignore the recent ones as I am just having a moan.

https://www.rough-polished.com/en/analytics/120136.html - this was written on 8th Feb 2021 by Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished who seems to cover a lot of articles related to diamonds in Zimbabwe for other companies like Alrosa.

He says towards the end of the article "I do not doubt that the deal will come to fruition, but it will not be concluded "shortly" as the AIM-listed company expected.

Government bureaucracy is real and with that in mind, all the best waiting for Godot, Vast!"

Interesting article to read in case you haven't. The article suggests even for the deal between Alrosa and ZCDC took time but was completed. We know how big is Alrosa and its pockets.

Let's hope Vast's diamond deal comes through at some point this year.

@nighwalker, you say you buy stocks all the time but only 4 days ago joined LSE. I find that hard to believe, in fact impossible to believe.

Your view is biased, I say this as it costs millions to explore and exploit oil which this company don't have. Since you have invested here, what is your view on once they find a suitable asset to invest in, how will they raise the millions required?

You're right @max. The one in the picture will be close to the floatation plan. I think there is a youtube video from last March of the whole area (building with staff living space, main entrance to the area itself, etc. etc.) and if we look carefully in that one we may work out where they took this picture.

No one cares other than two of us I think....

Important point for Vast is they should give thought to even the pictures they post as their situation is worse then they probably think.... anyways enough of me for today......

This is in the recent "Statement re Share Price Movement" RNS under the Notes to Editors: section (last line).

What does this mean? Anyone knows?

indeed, this excellent price will be available for the next few years, we will have plenty of time to buy......

Ok I know what you are referring to, that video I saw yesterday to match with the picture and it was clear comparing the two that this is another entry or exit to the same mine.

And that is my point, Vast need to show work in progress, not closed doors. Even though this may just be a picture. Every communication is an opportunity and pictures/videos need to be carefully shared with shareholders.

Looking at those 4 pictures I didn't get a clear message as one of them was inside the mine, 2 out in the snow and the last one in a meeting room.

What would have been good to see for al the shareholders is the pictures of the new machines they bought, are they being put to work, the working staff who are mining, etc.

Vast is a mining company not a sales or marketing company. I hope AP understands this much.

I like you suedo name @oneshareatatime :)

I agree with you if Ince starts the dividends on the back of a very strong performance then we might reach close to 200 by the year end. It is possible.

The 2nd half of this year will be full of activity for many businesses as we end the lock down in my view and the spending budgets for businesses will increase as time goes by.

Also, I think our CEO is looking to consolidate our office spaces as most of our staff are working remotely and this will be a decent reduction in cost adding to the bottom line.

GLA.

hahaha, nice one @grg.

@max, why would they be at another mine? Their RNS say they all are at BP working up the plan and production estimates.

*WE DONT WANT TO SEE A CLOSED MINE.

Having seen the pictures in detail, I am now convinced AP and the BOD do not understand how to communicate at all. Just take a look at the 2nd pic, it it we can see the doors to the mine are closed and they are standing over the tracks so that tells us they are not mining.

Now, we can all see the snow but this is not an open pit mine, and the floating plant has a roof, so why don't they give it some thought before they do anything.

1. What everyone is interested in are you mining?
2. Are you going to mine more with these new machines you bought?
3. Is there enough copper to mine for next 4 years (and beyond with North Skarn estimates)?
4. When are we all going to see a positive turn around for good?

That's all, is this too much to ask of a CEO who has been in charge for 3 years.

WE DONT WANT TO A CLOSED MINE.

Seriously, get your act together.

Did anyone spot a lady in one of the pictures posted by Vast yesterday? Let's hope she brings us some luck and things start to turn around.

We can expect the SP to pull back in the absence of updates and also some will take profits.

I am reading no updates as "no news is good news"

Thank you @parnas.

Just one more point in regards to the Dividend payment, Ince made the following statement in the last update announcement released to the market:

"At the current time, the Board do not consider it prudent to declare a dividend. If the current progress of the business continues and there are no more significant disruptions from the pandemic or any other unforeseen events, the Board will review the position at the time of announcing the results for the year ending 31 March 2021 with a view to recommending a final dividend for the year."