Member Info for ben1093w1

No i'm just not in love with shares im invested in and can quite easily see the negatives and postivies of shares i'm invested in and see if the risk is worth the reward. If you look at my previous posts I highlight the positives and negatives of the share and use them points to calculate how much exposure im comfortable with in here. People just get upset when they hear their company isn't a ray of sunshine and don't seem to like it when someone doesn't ramp which inturn makes them a deramper apparently

Completely fine with it rising, im invested

IF you actually read the post rather than being blinded by your own ignorance I said if I put a bet on the RNS landing last week I'd have lost money, not money on the SP. Mark thinks hes the next warren buffet because he's riding the SP rise in anticipation of news that isn't forthcoming

It was a hypothetical. I'm invested but i also believe in providing useful information through the board rather than just spouting "its going to blow" "Vastaunauts ready for takeoff".

There are alot of people very emotionally attached to this share

So you're saying its another missed deadline ;)?

Yeah and if we'd have listened to you i'd have put a bet on the finance deal arriving last week and lost my money, swings and roundabouts isn't it

Not even 8:30 and 4 seperate ramping posts to incite FOMO from Mark, also Daz I have a feeling a number of people have us filtered by now because they don't like reading the truth that VAST isn't this shiney flawless diamond (no pun intended)

Obvious typo of the dates for chinese shipments Jan/Feb*

Invester2015, don't take this the wrong way but this is the 3rd company I have seen you take a position in and instantly begin ramping copying key positive parts of news multiple times a day then disappear when they retrace or go down. I didn't mind this as I was looking for information and didn't know any better. You just need to be careful with VAST, theres a lot of people stuck for fair amounts due to similiar ramping in the past as well as broken promises and missed deadlines by CEOS that run the company, not limited to AP.

Take the diamond deal for example, we got an RNS saying it would be signed imminently nearly 4 months ago now and many bought into that rise expecting this to take off, then we got some news through that the only reason it wasn't signed was they missed each other by a day and it was a scheduling conflict. 4 months on we have a Zimb news outlet saying it hasn't been signed due to "technical issues" whatever that means.

BP we was promised the shipments of chinese machinery would be arriving Jan/Sept, the interim report doesn't suggest whether this is ontrack and true yet.

Finance drawdown was done litterally the day before the deadline, this could be to buy as much time from drawingdown so there is longer to payback and hey why drawdown if you don't need the money yet because you are behind schedule. However looking back they drewdown early on the last finance deal and then it all went tits up an AP could have been cautious about doing it again.

I'm quite lucky in the fact I've traded in and out that I'm in the positive even if the current trend receeds. This is not a deramp and I believe with a drawdown rns we will hover around .038-0.40 as per the broker note, without we fall back into the 0.2s pretty quickly.

I don't mind the snippets of good information for new people entering the board on high rise days, they're better than the non-informative posts a certain user or 2 like to post. But as an INVESTED (before anyone claims im trying to get a cheaper entry) i believe people should also know the past of the company.

As always DYOR and this is all IMO etc etc

But good luck to us all and lets hope this does come through

who missed what boat

"The delay to finalise the Chiadzwa deal is said to be due to technical issues, according to well-placed sources in the Ministry of Mines and Mines Development."
Hmmmmm

0.34 is about right untill drawdown is confirmed which effectively derisks BP quite a bit untill the JORC results are in then we'd be home clear.
Drawdown may bring us to around 0.5 and then BP into full production 1-1.5p
MoA will push us way further but its hard to know at this point were it will take us

I mean thats small fry if the BP produces the 1.2M they are expecting then diamonds on top of that, its just whether it comes and whether it comes in time

There was nothing legal binding mentioning this but apparently MarkSidely had AP whisper into his ear that it was. But seen as those 10 days passed, probably not.

No one here is looking for a cheaper entry, no comments on here will create a cheaper entry. People just like to shut down facts by saying someone is looking for a cheaper entry. Sorry shall we say cheaper entry again?

Ah yeah i forgot the 700k in wages of the uninvested BoD needs to be paid soon

Lets put it simply, if the drawdown isn't comfirmed this week we are probably looking at a placing. This is not me saying its not coming, just stating what will happen considering the current unsustainable cash burn with no producing assets

I agree, the waters are very muddy at the minute, its very hard to gauge what the state of play is, even with the zimb deals "talks are going as expected apart from timing" yet we apparently missed out by a day due to scheduling issues 4 months ago.
Smoke and mirrors galore

thought it was happening last week? Might wanna get back on your direct line to AP

As stated the Deed is subject to certain specific conditions which include shareholder approval; the execution of an intercreditor and standstill agreement with Mercuria; completion of due diligence relative to each tranche; and over time completion of formalities on the Diamond Concession following grant of mining licence; and thereafter specific practical milestones on the development of the Diamond Concession up to cold commissioning of the plant.

Possibly why we haven't had MarkSidley's so-called Wed/Thurs/Fri RNS