Member Info for ben1093w1

Yes there is

https://twitter.com/AndyMuz89/status/1293160485706174465

I see our little hedgehog friend spouting the same crap on twitter claiming 0.09 if finance isn't secured. Seems rather delusional to think a mine worth 100m in production and servicing debt with free cash flow would be worth around £10M MCAP

As much as i hate to say it you're probably right, he's not exactly got much skin in the game

SVS holding is small and given the volumes they should be cleared somewhat quickly

Said it before and i'll say it again, the SP will move on refinance news. That is the only way we get a clear idea of potential dilution might happen till first offtake

Mark, from my understanding the internal issues only came to light March time as this was the first time we had official mention of internal issues, obviously COVID and Zimb locking down won't have helped matters at all, I'm wondering if there is some legal action required to resolve the issues as it sounded like some documents had being submitted with a shell companie's name on it rather than the communities name etc etc

Antharry - No that decision was unrelated to VAST, for all intents and purposes there is no decision when it comes to VAST, the MoM is happy for it to go ahead once the community have done their processes following what seemed like an attempted take over by a community member posing as the community leader

Not disagreeing you on that one

Give where we was a year ago i believe we are far further on and in a far better position, the dilution is always going to be a sore point but if that was required to get the mine into production then there isn't much we can do about it is there.

Fantasy, legit question, if you have no faith in the CEO why are you invested in the company? There have been plenty of exit points over the last month or so

Nah quite happy sat here at this level till refinance is sorted so ATLAS don't have a chance to convert tbh

Maybe a bless in disguise

feels like groundhog day in here at times

An update on what? If there was any material change to anything it would be RNS'd....

Possible Atlas haven't decided to convert yet?

Forgot I even followed this on VOX, there's ya speeding ticket

I'd go with both, someone that doesn't know anything about mining de-ramping for the buyin price they want

Given current metal prices the demand is far outstripping supply so I find it very hard to believe we wouldn't be able to find an offtaker even if we want to ignore the fact it was stated in an interview that Mercuria were in discussions regarding offtake

True, i've not seen previous ATLAS finance dealings so not sure if they are as bloodthirsty as the likes of YA and such

Well first conversion is paid in cash, with any luck we get refinance sorted in August before the next conversion