Member Info for ben1093w1

honestly glad it is turning around even if it is a few percent each day, at least its going in the correct direction

I personally have bought a few more over the last 2 weeks or so and now have an average of 1.2

Pretty happy with that considering the current holding pattern, may drop a little more in end of the next month if we are still in the same place but there is too much up in the air at the minute for it to be nothing more than a wishful gamble

Either that or confirmation of Blyv funding confirmation may kick it into life and also have the side effect of not needing a placing as warrants will come into play if it gets the reaction that it deserves.

At £3m MCAP there isn't a massive amount of downside here considering we were in a similar position this time last year and trading nearly 4 times higher. The unknown variable is LC's competence to get either project on its legs.

There are plenty of things i'd describe VAST as, juicy is not one of them. Sentiment is dead here, plenty of old money trying to draw new money in glossing over fundamental issues with VAST management and project selection

The issue that comes back to bite them in the butt is they never specificed what management issues the T1 bank wasnt happy with for BP which caused the funding to be declined for that. Without knowing what that was and whether it was resolved (doubtful as AP is still at the helm) why do they think investors would believe they could get financing away for this mine. Welcome to the next cycle of dilution, see you all at the consolidation party this time next year

Are you on the right board....?

Welcome to the life of SA mining tbf. Decent update despite obvious fustration of delays.
Funded and drill program done and some investors still on board

I mean to be fair that is just a tweet they regurgitate in the cycle as the article links to an april 2021 document

They would be obliged to report losing the asset so we can probably assume that isn't the case, generally speaking a license renewal isn't market sensitive (unless something goes wrong) so they dont need to report it is complete

Me too, grabbed some the other and kept a bit aside incase of dreaded placing or a sharp drop for whatever reason, sucks to be in the red still but at a 1.4 avg i know i'm not the worst off here

did someone just let themselves get mugged off like that?
30-Jul-21 09:35:20 0.701 1,017,269 Sell* 0.85 0.95 7,131

Wouldnt a decent blyvoor update that potentially pushes this above 2p allow warrants to be cashed in for some money for the coffers?

ya'll got any of them updates

Feel for you mate, I'm going to chuck another 1k in this end of the month to get my average around 1.4 then put it the bottom drawer and forget about it for abit

to be fair its dropped on a nominal amount of sells of low volume.

As others said its only a loss if you sell.

Hard to tell what delays are even covid related anymore but this is where we are, will average down at the end of the month. Bit of good news and it should generate a bit of interest given low mcap, would be nice to get back above 2p

High chance this sees below 1p

No update on license renewal
No update on a drilling plan
No update on finance talks

yawn......

Kind of annoying that a month on we are still waiting for this update on the drilling plan

"We are currently busy with the planning and design of an appropriate diamond drilling programme as well as the selection and engagement of a suitable drilling contractor.
"We look forward to providing further updates shortly."

They knew it was coming so have to ask yourself why it was wasn't already starting to be prepared.

Frustrating holding pattern but i think the low volume is playing to our advantage here. Not much going on in the wider market at the minute anyway.
Happy to hold and wait

never heard of such a thing. It's just quiet because company direction isn't clear right now. If funding gets signed off and things start moving so will the volume/sp

Why would they convert at 0.11 old world money

Not to mention the whole "we won't be reporting monthly sales figures from now on" as soon as they realised they were no were near the targets they were spouting and left them to quarterly updates to try and delay the news the mine was underperforming. Smoke and mirrors.