Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Pecten Answer your own Question and enlighten the board...
Ford Imo. 1. 0.23 / 2. 0.36 / 3. 0.44 / 4. 0.65 / 0.48 / 5. 0.65 / 6. 0.50 / 7. 0.76 / 8. 1.55
With 65m and an average of £0.047 Ford it doesn’t really matter to me what the short term price is. I’m invested for the Vast MCAP to reflect the cost to build an operational mine (absolute minimum $100m) unlike many other shares that will need to get that funding from somewhere, not to mention the 5-7 years to build. Then there’s all the attributable value of the minerals and Vasts additional assets, revenue & diamond potential not priced in.
B3NTL3Y
Well Done Pre.
Haha, Antharry, Roganjt, Joeblogs, thought I’d get you actually adding some constructive figures to the board rather than a load of noncence.
And my figures are based on the current ‘spot prices’ not necessarily the processed material. If you want to be smart - tell me your estimate to the nearest $/£ of the value of ‘concentrate’ and the additional credits for Q4 derived from my constructive figures ‘based on the Spot Prices I have collated.
Regards,
B3NTL3Y
I personally think there has been more than enough communication and concise information put into the public domain from the board for vasts investors / not traders. You only need to look at the regular & frequent monthly RNS’s over the past few years. In particular if you look and examine the level of detail & information shared and the JORC, High Grades & Volume of resources that VASTs Baita Plai holds. In particular note the Forecasted Revenue referenced in the RNS 13th Nov / shared in the 7th Sep RNS.
FORECASTED REVENUE FOR Q4 ($5.37m)
(Upto 2nd December 2020)
(Based on Today’s Spot Prices (which have all been rising over the past year + for each commodity (if You do your research) & today’s USD/GBP Exchange Rate):
COPPER
644 Tonnes / (At today’s Spot) $7178.35 per tonne.
= $4m622,857 / £3m477,826
ZINC
204 Tonnes / (At today’s Spot) €2787.00 per tonne
= $568, 548 / £427,724
LEAD
94 Tonnes / At today’s Spot) $1987.00 per tonne
= $186,778 / £140,515
Not to mention the additional Spot price increases & derivatives which the mine holds such as molybdenum, gold and silver.
And all with a vast MCAP of £25M / SP £0.017
The mine would cost $100m MINIMUM alone to build, WITHOUT taking into account the attributable Value associated with the minerals that the mine obtains, the JORC, Vast’s additional assets, additional licences, forward looking Sales & revenue (Q1 2021 + 100% of above figures) Q2, Q3,Q4 2021 sales & revenue forecasts (which do not include the additional minerals noted above) & diamond potential deal in Zim.
Best regards LTHS.
B3NTL3Y
Whilst it’s only the TRADERS interested and pressing for the date first shipment of the COPPER CONCENTRATE as and when Mercuria book the next available container ship. REMEMBER, Vast has produced and delivered there end of the deal.
MEANWHILE, VASTs LOYAL & LONG TERM INVESTORS Should be more interested In the FACT that in EVERY PASSING DAY BAITA PLAI IS STILL PRODUCING, EXTRACTING & STOCKPILING A FRUIT BASKET of MINERALS and Getting Closer to the NEXT CONTACTED SHIPMENT DATE.
FOR THIS IS WHERE AP & VAST will be Rewarding & CREATING A FIRM BASE along with other News* for it’s LONG STANDING & LOYAL SHAREHOLDERS.
All the best LTSH.
B3NTL3Y
Glad you can see and agree the value here Moneymaker. Clearly Pecten doesn’t understand or have any idea whatsoever how much it costs to build a producing mine. My est. 100m minimum. Never mind about the 5-7years to build it. - And that’s without considering any of value of the minerals that it holds or extracting any of the deposit. Never mind about considering the first sale of concentrate, futures or forward looking sales and income. If the mine was sold today to a major how much do you think it would be worth.
Nice 90m buy there hey. Friends must be moving in. ;) 150 share holders like that and there’s all your shares gone.
Or 14000 with 1m / 1400 with 10m / or 700 with 20m.
Not forgetting the diamonds.
All the best long term share holders.
B3NTL3Y
Ps. I hold 65 million here and won’t be selling a single share here until we reach the value of what it takes to build a mine and that’s without any of the additional value that is added through the additional projects in future.
GL
B3NTL3Y
Hi all, and for all of you looking from the outside in. For those who have been observing the share and the chat for a number of years. Don’t worry, this will take as long as it takes but just keep buying, keep the faith and keep loading up. Clearly the value here of Baita Plai alone is worth 5 x the MCAP atleast and the MM are going to have to correct that. There’s a fruit basket of metals and concentrates ready to be extracted and to mitigate risk and maximise the potential in a range of metal prices and increase In demand. The copper extraction alone is worth a fortune, not to mention the high grade And vast amounts of silver which is known as ‘real money’ or ‘gods money’ they don’t call it ‘sterling silver’ for no reason. Just look at the grades and JORC results for those of you who understand what grades and volume there is, it’s a huge & valuable deposit.
Don’t let anyone talk you out of your investment, the Market Cap will speak for itself here, and in no way is a mine of this stature worth 20M MCAP.
You have to ask yourself, who to trust on here, but clearly anyone with their first and last name ending with (HL) Hargreaves Lansdowne which has been around on here for years talking down their own investment and bashing others you have to question.
Put it this way, there’s est. 14bn shares in issue. Well it’s not actually that many when you look at how undervalued the SP is, don’t let that make you misinterpret the value of baita Plai it’s worth 150M in its current state and operational. If 14000 share holders inc, the board only held 1 million shares each, that’s all of the shares taken.
All the best, buy and hold, the longer you hold, the more you will realise and be rewarded by the value of what Baita Plai holds. Then there’s always the added plus of the diamonds.
AP. For the long term shareholders, it’s time to deliver.
All the best,
B3NTL3Y