Member Info for ben1093w1

Trust me the probably already would have if they could and would have probably burnt through that aswell. Tranche 2 is subject to certain milestones getting hit within certain timeframes untill then AP will keep spreading the confetti

Mate dont get sucked in, its what they said for the last 600k placing less than a week ago. So far theyve raised 1.5m through plqcings for something they knew was going to happen and had a 7m finacing drawdown to inpart pay for the JORC. No idea why we'd need an extra 1.5m, i accepted thr first one as it was potentially unseen delays due to COVID there for a cash injection to get things moving quicker. It really does raise eyebrows of the management when a aeek later they come back and ask for another 900k for the exact same reason. Firdays RNS states they took samples with a hammer and chisel for christ sake. Not infering anything but there are alot of big salaries at VAST and the company aint cash generative and theyve just hired another person. Either we are being misled what they "other associated costs" are or there is some money management issues.

All i can say its becoming one very expensive hammer and chisel

Yikes, hate to say that i didnt say so, just be glad it happened now rather than the pump that would have happened this morning.
Not long since the last raise for the exact same reason. Thats some unreal cash burn. Its almost as if the jorc costs wasnt factored into the T1 drawdown project financing plan at all. Using the reason that its to expedite it is very wishy washy the 2nd time round

GGP is in a different ball game to VAST

They can do a share consolidation or a share buy back scheme then a consolidation. For VAST this won't make much sense for the next 5 years at least as they have a number of projects that require cash injection, ie blueberry project which gives far better company results.

Don't disagree herb, we are currently in a climate were cash is still king. I expect a small rise of people piling in then it to get walked down again like last time, be nice to finish around 20

I dont disagree Sandy, just trying to be transparent to new investors

Sorry a shares issue if you want to be pedantic

'Vast Resources plc, the AIM-listed mining company, announces that the Company has elected to pay the interest of $29,591.45 due on 29 April 2020 on the $7,101,947 Bond issued to Atlas announced on 31 January 2020 by the issue of 15,582,523 shares (the ‘Issue Shares’) at an issue price of 0.15327 pence per share. Under the terms of the Atlas Bond Issuance Deed the Company is entitled to elect to make payment of interest on the Bond in shares at an issue price of 90% of the Volume Weighted Average Price of the Company’s shares on the business day prior to the interest payment date.'

Still very much in mate and have been for over a year. People are saying placing because there is going to be a placing unless they manage to sort out refinancing in the next 15 days. Which most likely they won't so interest will be due so they will pay via a placing like they have the last 2 months, its not a deramp its a fact.

Also worth noting that they mention about again speeding up the JORC result drilling to assist with refinancing which we already had a proper placing for, lets hope thats the placing going to good use

The placing will just be to pay the atlas interest, the market knows these are coming every month till refinance or cashflow. Amount of dilution will be lower than last month if we maintain these levels or move up abit on monday from the RNS. Rake a look at the placing rns at the end of last month. There is massive liquidity at .18 - .20 and i honestly dont think this RNS will be the one to push us past it so I won't be piling more cash in first thing Monday, will see how the day plays out. The share is definitely coming on peoples eadar though, with the amount of shares in issue, volume is key for any large moves.

The amount of cringey cross board ramping by zwart is abit yikes. If he had any real belief in the share he wouldn't feel the need to spend his weekend posting on other boards trying to get people to buyin. This is agreat RNS, lets hope it doesn't do the same as the other one and just flat line after a small rise. Placing coming at end of the month will keep people wary

I go out for a walk and this is what i come back to? Pretty amazing, plenty of people are happy with how GDR is performing and what you are doing to aid the greater fight himanity has on its hands at the minute. Sure some people have a hump on about how the placing was conducted however most rational people can understand the timeline of events and can understand why it came at such a high discount.
Thanks for taking the time out of your day to pop in and say hi and keep up the good work.

maybe? More like II offloading at any reasonable rate does hold the SP back significantly. I think we can probably say that the last few days of stagnating at 140-155 has been because calculus was offloading some.
Definitely seems like they are done and seems we are primed to get back to 200s before CE mark news

Originally from Hull, moved out of there a while ago but still keep up on the news from there as have family there

I wish i was getting paid, would be doing alot better for myself than having the current investment I have in here. I just dont like misleading statements like 0.25p next week try and invoke FOMO on new investors when an excellent RNS didnt even get us to break .19

http://hulldailymail.co.uk/news/hull-east-yorkshire-news/key-workers-coronavirus-tests-humber-4133227

Going well....

still think its not realistic?

Zwart, don't start again with your ramps, there is too much freefloat for this to do .10 by next week

Yes

Yeah i dont doubt it but had to mention its not guaranteed or id be called a ramper