Trojan we were promised hell on earth, we still voted leave, guess what, we are fine. Exactly the same will happen on no deal, massive crash followed by a recovery when people realize planes will still fly, IMO
AP has gone quiet on the podcast front. Why? He would normally have been on to trumpet the last rns. It could be our biggest asset so why not shout it from the rooftops? Something must be afoot.
I know AP said Baita would only be a small part of Vast but all I want is it up and running. It’s why I bought in. The diamonds are a cherry on top of the Baita cake:)
Sorry Paul I disagree. There is never a bad time for good news. We wouldn’t get as much of a spike but the business itself would benefit and so make Vast a better loner term investment.
I think a lot of people get drawn in to watching the sp every hour. If you’re not a trader a 5% gain or loss or even a 20% move isn’t that relevant. You end up not seeing the wood for the trees. Is the business evolving? Is it in markets you want to invest in and do you trust the management? If the answer is yes you can relax and let things play out. If it’s no then regardless of the sp you should be looking to exit. I had some Prem. I wanted some exposure to lithium but I sold out. GR can’t be trusted in my opinion so it failed my criteria. I didn’t have faith it would come good so even though it might be a bargain it wasn’t for me.
I know it’s sounds silly, but if you ignore the sp would you have said Vast has had a good year operationally? I’m very happy with the progress here. The recent raising annoyed me, not because of the raising but the way it was handled. Apart from that I’m very happy with Ap in his first year. If he gets Bppm running by the summer next year then quite honestly i won’t care about where the sp is. All a good ceo can do is take a business forward, and I’m happy that Ap is doing that.
Black sheep why do you believe what George says? I admit I didn’t bother to listen to the webinar. By that point I had sold and I don’t trust a word he says. Didn’t he say we own everything at RHA? So what’s this mining equipment they are buying in with for? Wasn’t a dfs for Zulu estimated to cost $2m? What’s the 6m raise to pay for? I thought we weren’t putting any more into RHA?
I’m sorry for any losses but that doesn’t change my appraisal of the situation. I’m calling it as I see it and in my opinion it does not look good here. George has taken Prem in to a cul de sac and I think any deal has to be taken. It doesn’t make it a good deal and it doesn’t mean GR isn’t up to no good.
I’m interested to see how this plays out. I thought Zulu would overwhelm George’s mismanagement. I now think this is his way of getting as much back from prem as he can. Just my opinion.
Look at my history. I don’t have an agenda I have an opinion. I’m not deramping. I’m not looking to get in cheaper. Im not trapped here desperately trying to prop up the price so I can escape.....
GR said we own everything at rha. The miners who were at RHA are the jv partners. The ones that couldn’t get any profit out of RhA!! You couldn’t make this up. IMO this stinks to high heaven.