Member Info for baits

What CO Vast had, you would still be wanting a different one.And what makes you think anyone else could have done better with the 5hit he had to cope with when he took over.I can honestly say some would have folded and the company would not exist today.I would like someone in here to tell me how they would have gone about it if they was the CO at the same time AP took over.Just wondering how many CO types are in here.

Paid £5 million for 100% ownership of the mine.I do not think the shares will be sold it is not at all like Atlas. AP and the other people getting shares for this 20% know more than we do at present they know what they could be worth and it will be up to AP to deliver.I will get worried if I see any signs of them selling their shares.I think the market will see this as a positive move.The share price was 0.17 they just added 20% more to the company so in theory price should move up to 0.20/0.21.We will know tomorrow if the Market likes what it sees.

Good Post HeadInTheSand I do think there is money to be made here without Balcombe.But if Balcombe fails the price will not hold up just on Salt Fleetby alone.It will be a case of when to get out at the right time.

That Balcombe will be as good as people think anything associated with the KIM as gone **** up up to now.Water is the problem for me.But the gas play is very good it is production and money coming in.That is why I am invested in Angus.I once thought that Balcombe was a game changer but looking at what's happened at HH it needs a re-think.

I can not understand why people are still throwing their money at this all it as done is decline over the last two years.Two years of the Portland and they are already trying to get it to flow better.when the news comes out they will wish they stayed away.Shut in for a few months so SS can get a bit more money in his pockets. The guy has no shame.Anyone in for a quick profit are going to be dissapointed.But as they say everyone as their own agenda.Mine is to stay away from this once bitten and all that.Anyway good luck to anyone taking a punt.I Just thought I would bring up the KIM if people still think it is a goer and not to waste their money on that scenario.

LSE should get Mr Leggatt to interview him and ask him about the KIM and all the billions of barrels of Oil he and Lennigas Bull 5hitted up,all they have had up to now is water.

Baits,
Surely you realise AIM regulation is practically non-existant, and nailing absence of information and proving the company 'knew' is much harder than deliberate lies./Yes I do Penguins but CO's like SS should be brought to book conning shareholders left right and center just so he can keep his salary rolling in.They have problems at HH but will he say so,no not till he as to, the guy is a pi11ock.

That is a good post Mirasol so why as it not been RNS'd for shareholders.The FCA should be all over this it stinks.

If it does not match up as you say Penguin it should be in an RNS so shareholders know what's what.If people are waiting for SS to start on the KIM they should be told is it a goer or is it dead.Saying nothing and holding onto info that could cost people money is not the right way to go is it.

Ibug does it not bother you that SS is doing placingS to do workovers on a well that flows three time less oil than the KIM did on tests and after the workover will probably not flow as much as the KIM did,something is not right and it should be brought out into the open.

Ibug why would I want to cause trouble I am just stating a fact, or are you blind as to what was in that RNS about the KIM.Maybe if SS told the truth about the KIM instead of completely ignoring it and spending money on the Portland he may get some trust back.It was a very important RNS that was about how the KIM flowed but nothing since then.It is ok for people who bought in recently but those that bought in after that RNS must feel like they have been done over by SS.

Like I said holding info back about the Kim is price sensitive SS should let shareholders know what is happening with the Kim a lot of people put their hard earned on tha testing RNS.

During the testing the KIM flowed more than the Portland once the KIM was choked back why is SS not doing work on the KIM.

Ibug which RNS are you talking about please.

(Flow commenced at around 10.00am GMT yesterday at an initial instantaneous rate in excess of 700 barrels per day using a 1-inch choke, in an approximate mix of 50:50 oil to water. The well was then choked back to 32/64 inches resulting in a steady early oil rate in excess of 463 barrels of oil per day over a further 7.3-hour period, in an approximate mix of over 99% oil and less than 1% water.)
Why is SS doing placings and spending the money on the portland when this RNS shows more oil flowing from the Kim than the Portland.A lot of people spent their money on this share with that RNS.As I see it SS is holding price sensitive info about the Kim which should be released to shareholders.That RNS was from the 16th Feb 2016 nearly 4 years ago.Was there or as there been any news released over the three and a half years since that RNS.

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are going to fill their boots before they re-rate this

With over US$104,450,255 as an in-situ value set to be exploited for an initial 3-4 year mining period & significant further upside identified, the JORC report for #BaitaPlai provides a solid resource base to underpin a fair market Company valuation.

I will say it again.

JORC resource, expected shortly, to look forward to as a catalyst for the re-rating of VAST.

Whilst the company hasn’t updated internal cashflow projections, the implications of improved processing at Baita Plai certainly suggests all the risk is on the upside and we expect the market to react positively as the perceived operational risk of the mine decreases and the value of one of the most low-cost operating mines for Cu becomes more well known to investors.

Furthermore, Investors still have news on the first deliveries to Mercuria and the JORC resource, expected shortly, to look forward to as a catalyst for the re-rating of VAST.