Member Info for Castaway

True Ian, others have given us some great research recently

Hi Sardy - still here, but on a road trip at the moment so not getting wifi much - Lee is also away, not sure where Sandy is but he did say he was not going to post as much.

Still very positive, BP and Diamonds looking good, just a bit more patience required (as ever).

AP very positive last time I was in contact, maybe Kingsley and others attending the investor evening can update us after the event.

another step on the way to get something out of the historic diamond claims. You do not announce a JV to from an SPV and appoint experts in diamond mining for no reason.
Though nothing is certain, this news must increase the chances we will get something out of the historical diamond claims.

Morning NH

Morning NH - Good quarterlies :-)

I think it is - England through to the quarter finals!

Morning NH and all.

I concur!

Unfortunately, Mercuria have no interest in Merlion Resources Holding Limited any more and (probably) had nothing to do with this deal.

See the companies website: http://merlionresources.com/about-us/

"Merlion Resources Holdings Ltd. is registered in Hong Kong as a privately owned company. The company was first established as a Joint venture structure by a few mining and commodity hedging experts together with Mercuria Group (www.mercuria.com) in 2012, which Mercuria is now completely exited the share structure after years of successful partnership."

It does not mean to say Mercuria will not back VAST in Rom further though

Sorry italione, forgive my aggression, I was not getting at you, but there are so many scams around these days it really annoys me.

I am not saying we won't get 3p though ;-)

"VAST Resources plc (AIM:VAST), a metals and mining company based in United Kingdom, saw a significant share price rise of over 20% in the past couple of months"

italione - SP 29 April .59p SP now .58p - this is a generic load of ****** and a crap website spouting crap - ignore!

Alrighty - as yrabs says the s/p may not drop to the placing price and the fact the shs are issued has no effect in reality as anyone who receives them could always forward sell if they chose - I doubt many have as I previously mentioned the placing shs were sold to SVS clients at the RSP at the time, so no one got them at .525p and there is little point in selling at the current s/p, as there is no profit in it for those who got placing shs around the current s/p.

However plenty bought in at .46-.53p over the period prior to the placing and they may have sold or are selling.

To get the s/p up we need some positive news so Q2 figures licence confirmation should do that hopefully in the next week or so.

I am very comfortable with how things are moving, when BPPM is running we should be well over 2p and there is plenty that could happen before that to give us an even better s/p sooner.

The Q2 figures should be good by all accounts and the BPPM licence will start things rolling, once that is done there
should be nothing holding us back, though with VAST you never know!

Morning Ian - I think so lots to come over the next few months

Fantasy its around $1.5 mil from memory - it will depend on how well Manaila performs, BP should be running within 6 months maybe sooner
It is possible extra funds will be required, though I suppose, it depends on many things and a lot can happen in 6 months.
In any case if they do need funds it won't be for a few months as they just raised over a $mil.

Morning NH

Morning NH :-)

I agree true value is reflected in the s/p eventually NH

Alrighty - I agree it had to happen or they had to say it wouldn't happen - the fear of the placing is usually worse than the real thing - todays was very small.

2P, as I explained earlier ALL relevant clients of SVS would have been offered VAST shs and if they took them up they paid what anyone else would at the time on the RSP - I do not see how SVS clients got any advantage just look at the trades after the RNS - most will be SVS clients buying mixed with other trades, all much higher than the placing price!.

It was clear many shareholders were selling after the GM and then licence progress RNS, IMO no one had any info that was not available to the market, shs always drop on the merest hint of a placing and we got an RNS stating it was possible!.

I always vote in favour of all resolutions at a GM IF I trust the BoD - in the past I have voted against some but this time I was fully backing the BoD and AP.

I do feel this is getting out of hand, this is standard procedure in most AIM companies who place for funds.

Where do the brokers get their shares from - thats a starting point and my last comment on this matter!