Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Sandy
We just had a Agm
Unfortunately the seven box’s
Which shareholders could vote was for or against more share being issued
Guess this time it truly backed fired
I’m always in any company would be
Against
Unfortunately the percentage of voters that never read or even look or ask the broker or the information on the Agm hopefully a lesson to learn
Especially on AIM
Never give the board of directors to vote
In your name ...
Your vote counts it’s your company not there’s..
gla all ..
A/P’s
Got nothing to say everything is going to plan as per RNS 7th September
The Aladdin’s cave is full with goodies and shareholders will be existed and surprised
The diamonds are still on track
The financial bankers are knocking on the door A, B maybe C and if not D
The II’s are in position to take advantage
or a least one
Last years prediction for 2020
1.44p from the ceo
All’s looking good shareholders know what’s happening from all the information given
And lots of tweets telling us how great things are
the first delivery to mercuria was the 9th off November (lol)
The second 24th off November
So waiting for the third and hundred’s more new information on the mine found in the toilet and under tables and secret areas left by the Russian’s whilst filming a James Bond movie
What’s not to like and the S/p is not down
It’s vertically challenged ...
fact that everything is not open and transparent
is the biggest issue yet again A/P has cut his nose off to spite his face
at the most important time for vast shareholders he goes into childish mode by telling shareholders there will be no further updates ..
Yep,
gkb47
To the ... drum roll please ..
mercuria 3m plus
And
Atlas 7m ...
eezee pezee
Where a producing mine
Not locked into any agreement with Mercuria to payoff debt “which is on hold “
even though
We have a agreement for off taking resources since April 2019
Some Swiss tony bank this has to be
Interesting to say the least ..
just my opinion
Really not interested in a reply from the ongoing nurse maid
Sandyshore
With blinkers that would shut the sun out
Will vast shareholders be rewarded
Obviously we all will ..
time lines and fcuk ups to be appreciated..
Sandy the thread is are we locked into a term/ existing contract with Mercuria
from the two Rn's it states vast are still in term agreement with Mercuria
people posting the copper price ten times a day makes no movement on the existing agreements already made ..
Hi its that bullsxhit'er and blatant lier (chuckle)
Vast still owe Mercuria $3m plus from tranche A..
RNS 9th May 2018
Notwithstanding the requirement to issue further warrants to Mercuria, the Company is working closely with both Mercuria and the Swiss bank who, as announced on 29 April 2019, have issued to the Company a draft term sheet containing the material indicative terms for new finance. Should the term sheet be consummated on its current terms the Company’s obligation to Mercuria would be repaid in full out of the new finance obtained, and Mercuria have indicated its interest to continue its existing offtake contracts with the Company subject to certain conditions.
Rns 31st January 2020
1. Subject to certain terms and conditions and completion of CP’s the remaining principal and interest, fees and costs accrued on the remaining existing Mercuria Tranche A facility will be recovered from future cash flow.Offtake agreements will remain with Mercuria.
" existing offtake contracts " there not new ones but existing to pay down the debt from B/P ...
Sandy
i can not see any II's wanting to be involved anytime soon in vast maybe Q3 2021
when and if targets are achieved !!
@ 7th of September vast had 150 tonnes of concentrate ready for shipment for the 24th of November's delivery
looks like we need a placement for some new spades
or will that come out of the Q3/Q4 figures of profit after costs which are ;-0
ben109
Thanks for the reply
Based on the figures
Shareholders on this platform
Have used the accurate information
And put figures out
Including and from
600k to d3nl3ly 1.2 million based on
350 to 400tonnes
All a bit bollxcks really
I work it out at 750k minus shipping and smelting 15%
So around 700k if it’s based on 32% copper...
The financial conditions of the company
So has shareholders
I and you need to no what after today and the coming months the financial conditions are ongoing with the company we own
Yes own
A/p group have 20%
We hold 80%
Let’s get rid of the monkeys
I’m looking into how to vote out the board
For the Agm
Has a vote of no confidence without be able to attend the meeting
Gla ...
Price sensitivity is crucial to the definition of inside information. A company must ask: would a hypothetical ‘reasonable investor’, out to maximise their own economic self-interest, be likely to use the information in making their investment decision? Information that will usually be considered relevant to a reasonable investor’s decisions includes that affecting:
the company’s assets and liabilities;
the performance of the company’s business, or expectations as to that performance;
the company’s financial condition;
the course of the company’s business;
major new developments in the company’s business;
information that has previously been disclosed to the market.
A commonly used rule of thumb is to say that a price movement of 10 per cent either way is ‘significant’ and so information
Kraft
So you know what vast are selling the shipment to mercuria do you !
Anything above a certain price makes jack shxt
Oblivious it’s at totally shxt price
Otherwise the dxck of a ceo would be shouting it load and proud
Interested he’s playing the fcuk you card
Has obviously it’s not a great price at all
Mercuria can not govern what price has been paid to vast Plc and then say you can’t tell your shareholders
It’s totally price sensitive to all shareholders
And the market needs to be informed
Or A/P is holding back price sensitive information form
1/ shareholders
2/ the market
3/ and it’s illegal
Investors can not buy into any shares
Without prof and concept of earnings and losses ..