Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
its pretty simple, they are not interested in pi's...... what they think or what they do........they run vast for their benefit not ours.....and i'd prob do the same if i was in their shoes.....so they provide the absolute minimum they can...its a bit of a two edged sword though.....lack of reporting on output and revenues is undoubtedly hurting the sp, but if they hit problems then they have months to get it sorted before they need to report it..........i dont think for one minute though thats why they've done it....
as i've said before many times i trust AP as far as i can throw him.......and once this gets to my b/e i will be gone no matter how good the prospects seem...its been a nightmare to be honest and its tied up a lot of cash i could have profitably used elsewhere...but thats AIM...the market built by crooks for crooks......its a scammers paradise...light regulation..you gotta laugh...will never "invest" in Aim again.....daytrading thats all its fit for
so i'm just sitting here hoping for good news......ok rant over :-)
more speculation....personally i dont believe a word they say......so i'm still sitting here with the option to hold buy or sell......since we are now a producer, and until figures are released speculation about whether we have production problems or not is also utterly pointless..i will continue to hold........
apd you can of course spend your time as you like......but guessing and making assumptions about output and sales is not helpful to anyone...facts are what is required...and AP may have a very valid reason for not disclosing numbers and values...commercially sensitive for example
i'm not arguing one way or the other for why / why not AP isnt provididng the detail....i've already said that dont trust the guy one inch.........but i dont think speculating is valid...
disagree about a strategy....they have one but we dont know what it is.......and never will......as usual with an Aim share its hanging onto the coat tails and hoping just hoping you can make some decent money....an earlier poster mentioned that its all about the directors and whether they have any skeletons..and he's right...do all the research you want but nothing will save you if the Bod are a bunch of crooks....vast has been a big disappointment for me...and i dont trust AP one inch...if i was anywhere close to break even i'd sell instantly....will it all come to fuition....no idea....but it just looks more iffy with every rns.....
so with a wing and a prayer i'll continue to hold.......
The anticipated development of certain aspects of Vast's wider portfolio
has prompted the evaluation for a restructuring and rationalisation of
Vast's corporate structure that will enable investors to have a variable
exposure to different elements of the current business, both commodity
and jurisdictional.
what the hell does this mean
this has a stink about it now.........i thought once we'd reached production and regular cashflow we might be on the road to recovery but it seems the opposite is happening and i can only think of one reason why this is being driven down.....failed financing will lead o taking it private......just watch