Member Info for Castaway

Of course angus the company will only issue enough shs for the current finance needs and the higher the s/p the less dilution - once this licence comes we should be in a far better position.

Fantasy the thinking regarding the headroom is outlined in the Chairman's letter - http://www.vastresourcesplc.com/wp-content/uploads/2018/09/Chairmans-letter-28.09.18.pdf

I think by the time the vote takes place we will be in a better position.

What shares?

You inferring forward selling NH? - no chance - they haven't even been authorised yet

If you want caution you are invested in the wrong company sardy, AP will buy as many assets as he can that is his MO and he has made it very clear.
He has delivered on many things and I am highly confident he will continue to.
We will get the BP licence, ANRM will approve it soon and then we will all be happy bunnies instead of merchants of doom.

Sardy - if you are in a position to acquire many hugely valuable assets what would you do? Say no thanks I will stick with BP and manaila instead of potentially becoming a mid tier miner in a few years - well you just stated you would.

I don't want to keep harping on about this but AP as CEO is not adopting a prudent approach he wants the lot and is going for it.

NH the Chairman's letter will explain: http://www.vastresourcesplc.com/wp-content/uploads/2018/09/Chairmans-letter-28.09.18.pdf

Bat if he was CB he would have diluted us by at least 100% already

Well we did in the past Fantasy for bot CEO and Chairman but I don't know anyone who could run ROm - AP is unique in that position

Fantasy "AP and his followers" - you don't seem to understand AP is VAST if you don't like what he is doing or don't trust him then you are invested in the wrong company

Timings? - you are criticising my timings/SP targets - WTF can I do about anything? - Look at the facts - we have just been awarded one of the potentially largest diamond fields on the planet .
We own the licence on one of the potentially largest copper deposits in Europe.
We have just got a large percentage of Blueberry Ridge gold mine.
Look at the facts Fantasy and explain why we could not achieve 5p!

We get more out of VAST than 90% of other AIM companies - most wouldn't even RNS the delay

No fantasy I never filter anyone and I think the BB should be open to all points of view.

You are having a go at me personally, "winks and nods" - not sure what you mean by that perhaps you could explain more clearly what you are inferring?

We will get to 5p in the near term if everything goes to plan - I always explain my reasons for s/p possibilities based on the facts available and post links/info etc. - if you disagree that's fine you need to state why - all you come up with what if everything stated in RNS doesn't happen - well there is always that possibility as is obvious, but I have never stated anything that is not possible or unlikely to happen.

Anyway when we get to 5p within 3 years you can apologise for being wrong - and if we don't I will do the same to you.

If we do not get to 2p soon I will be surprised and stand by every post I have ever made.

ANRM cannot delay it for 12 months they have to deal in legal term or we can sue

angus - AP passes on timescales he gets from the RomGov - if they or there departments don't deliver on time it is not his fault - they have clear rules and they have not obeyed them.

What is your problem?

We are so close to getting a licence after 3.5 years and it is still a great mine bought for peanuts - nothing has changed since last week - the mine still have a $100 mil NPV.

AP will never let go of ABPM - he will get the licence soon IMO

Yes patien - of course any company can go bust, will we? highly unlikely even if your highly unlikely scenario occurs.
As Lee put so well - look at it logically not emotionally - we will get BP licence soon and we have so many great projects that once financed will make VAST mid tier in the next few years.
VAST is one of the best bets on AIM IMO - risky certainly but that i the nature of a junior miner - HIGH risk - HIGH reward!

ian - it's not possible to issue shs on that basis and would be unfair - the existing shs would be tradeable in any case and there are 5.5bn of those, so it would have no effect - that type of thing could be applicable if we get an II buying a chunk of shs.

Yes VM I don't think AP is taking a salary either - he is totally behind VAST, he has invested so much time and his own cash into BP/Rom in the past he will make VAST a success.

angus the reason I am not upset about the latest headroom request is simple - we need the cash to grow the business in Zim and Rom - the previous dilution in 2016 was a death spiral for nothing - this funding once invested, will generate huge revenues for the company.

Fantasy - How many times have I been correct on BP licence arrival - well none!
I have been correct as often as the company has in it's RNS/podcast info etc., i.e. none times!

I have been correct on many things though - Marange diamonds etc. because I with others do a lot of research and try to speak to BoD members when possible.

If you don't like what VAST are doing then sell - don't have a go at me though because a lot of the things I research and surmise may happen do.

Your just winging cos your frustrated like everyone - thats not my fault!

Grow some balls licence soon!

Fantasy - How many times have I been correct on BP licence arrival - well none!
I have been correct as often as the company has in it's RNS/podcast info etc., i.e. none times!

I have been correct on many things though - Marange diamonds etc. because I with others do a lot of research and try to speak to BoD members when possible.

If you don't like what VAST are doing then sell - don't have a go at me though because a lot of the things I research and surmise may happen do.

Your just winging cos your frustrated like everyone - thats not my fault!

Grow some balls licence soon!