Member Info for Billthebank

Been out on the golf course most of today and was surprised to see that we lost 15% overall Even more surpised that the sp first rose to 4p then dropped to 2p!!! That has to be manipulation
Just listened to the procactive interview and I didnt realise till now that the company is intending to send £50M back to us shareholders which is the equivalent of 2p per share!!! so that drop was clearly overdone.
Alos clear that there is '' SOmething going on'' and also delighted to hear about the ii interest. It is inevitable that TR1 is coming re shareholding.

Also delighted to hear thar Dmitry has £30M invested at 5p so is keen to see the sp rise and we will IMO hear soon. Patience is all that is needed. Indeed he mentioned this 5p rather a lot!!!!!

Very carefully worded responses from Dmitry and it is not a case of ''IF'' a deal becomes available but ''WHEN''Personally I reckon we will be talking of deals in excess of £2/3B This correction today has been way overdone. Crazy. If I had more capital I would be investing. WHat a great opportunity

lastly also liked the numbers of the embryonic non producing Finnish mine that went for $750M And of course Palladium was nowhere near the level it is today. I didnt realise that Rhodium was also present and at $5000 /ounce that sits really nice.

Someone please explain the downside here because I just don't see it!!

Alexie Churakov is a former Goldman Sachs and Morgan Stanley senior investment banker specialized in the mining sector. He has been involved in multiple mining cross-border M&A transactions operating from Moscow, London and New York. Alexei brings his extensive experience in mining M&A to the Company, as well as his top level contacts with major international and Russian mining and trading companies operating in the platinum group metals, gold and base metals sectors including LESEGO PLATINUM plus many others!!!!

£20K!!!! Fair play to you and good luck!!!

Well well well.That RNS just cements this deal completely.All the ducks are lined up now!!! Now expecting this to move as no reason fir anyine to sell now.Time to sell your granny!!!!

Holy Moly Thanks Sharetalk This just gets better and better!!!

Posted by profit7

This one is particularly exciting because

1. You have massive director interest who have a huge motivation to get a decent price (so no back door shenanigans selling the assets cheap)
2. The resource potential has gone through the roof since last months news (by a factor of 7) - so you can forget about broker targets of a few pence. When there is genuine buying interest for a much bigger resource, you can multiply this several times, then multiply it again several times.
3. You now have interest from 2 major banks - so it isn't some dodgy little deal to ramp/pump the price. They would not get involved in such thing.
4. Palladium is genuinely in a huge bull market and there are clearly shortages of it, so there is a lot of interest in assets like Eurasia's at the moment.
5. Market cap is still ridiculously low so mega up

Apologies ''don't and minuters!!!"

Just relax.Donf get over exposed in a share as you can easily lose out. 're read the last RNS and look at the financials and hold and wait.You can be easily burned in this game.Soo many 20 minutes in this game now.

This is what I like the most together with the fact that Palladium is close on $1800 an ounce......

Our total resource with the account of areas within the flanks contours is about 15 Moz of PGM (mostly palladium) that we believe puts us in a completely different league of major palladium companies already in production stage."

Sorry Sam but that is such a dumb question!!!

Do people not know the difference between

Bought and brought
Lose and loose!!!!

Drives me bananas!!!!

Seriously good Sam.Hope you bought through it ISA!!! As tomorrow may see a very happy Sam!!

Saw a comment from you earlier and bought in.Thanks.
Bought in because you always seem very rational in your posts.Cheers

It's the flexibility of the deal I like.Now thst Zimbabwe have signed up The!Swiss Bank will probably now be keen to do a deal with VAST to take everything on???

From the company today............

The Bonds provide the required capital to enable the Company to bring its two core assets, Baita Plai in Romania and the Diamond Concession in Zimbabwe, into production. The agreed non conversion period, the early redemption and cash settlement options give us flexibility and enable us to limit dilution.

“The Atlas facility will accelerate the start of production at Baita Plai while we continue to work on the establishment of a long term finance facility for Baita Plai and other assets in Romania, whether with the Swiss bank or otherwise.

Apologies re spilling!!!!

That the warrants exercise price of 0.26 may have impacted today but the news was just what shareholders wanted. Buys coming in thick and fast and those looking for a bagger ciuld do well in buying in at these levels despite the warrant exervise price.Zimbabwe clearly see mining as there way out of their hell hole and they have diaminds coming iuf if theur ears.Personally once this settles down all my profits are going into PREM despite George Roach being in charge (Well at the moment) good luck all holders in VAST Thd time is now!!!

How low can this go?

Bum Had to pay 6p!!!!

Can't buy!!!!!

Well is 5.6p a good time to buy??

SOUNDS GOOD TO ME AND SINCE THEN WE HAVE HAD A PLACING AT 7P!!!
THE MMS THOUGH APPEAR TO HAVE THIS PRUCED AT 6.5P AND UP WITH EVENTS

The Aje Field, part of OML 113, in which ADM Energy holds a 5% equity investment

· Oil continues to be produced at a broadly stable rate from two wells (Aje-4 and Aje-5) at an average of 3,009 bopd

· In June 2019, Aje completed its 11th lifting, equating to 297,581 barrels sold by the joint operators at $64.844 per barrel

· Total produced volume of approximately 662,448 barrels of oil from January to August 2019

· Significant increase in recoverable oil reserves outlined by the Competent Person's Report ("CPR") updated in April 2019 as a result of better than expected production levels

· Aje partnership fully paid the $9.8m licence renewal fee, thereby securing a 20-year extension of the OML 113 licence

· Technical work has largely been concluded to support a decision on Aje Phase 2 development; targeting estimated gross production of 8-12,000 bopd