Member Info for Castaway

Well torchy - first of all apologies ;-), however if you base your investment choice on fundamental value and potential you can end up being down some of the time, not due to anything but the market (as Sandy put it so aptly). I have had 4 years of VAST/ACR now and some have had much longer - I made a bit in 2015 and have been losing it ever since! (well not really we have had some good rises). I am confident we will do well this year, AP is working very hard as are the rest of the BoD/management team and VAST is in the best position for growth ever IMO.

I am here waiting like everybody else - I do not think there is any manipulation just nervous PI's selling, which is understandable with the never ending delay in the licence and that is the millstone around VAST's neck. However as many have said nothing has changed, we have excellent assets and I am very confident about the future of VAST and it's share price.

Morning NH Let's hope we get some positive news on BPPM this week

ORT/Jerone - I think we have the best of both worlds - when we get the BPPM licence and we are producing (I still think this year) we will be profitable (and may be already). BPPM/PPGM will make us highly profitable and Manaila should be reasonably profitable also until the processing plant is built at Carlibaba, then we should see good margins. Whilst this goes on we should be acquiring more near term producing assets and taking the Zagra licence areas towards production, so hopefully in a couple of years VAST will be generating a serious revenues and have a large asset base.

ian they should be good, based on AP's recent comments and I agree Jerone they will be late July at the earliest but it all helps the picture for those who are looking for a profitable company. ian - family all good as I hope yours are - when do you visit the south and have you got a visa yet ;-)

I think your correct FAHP, sentiment is low right now due to the delay in the licence but once that arrives it will change for the better and all the things that have happened over the last few months will be looked on much more positively and reflected in the S/P. For those that want profits the Q2 figures should be very good with Manaila at full production again, PPGM production moving up and developments on mining starting at Eureka.

I think so Sandy - how many BB's do you look at in shs you don't own or want to own?. The rampers come on with good news and are complete f*ckwits, then the folk who want to protect the poor innocent from the raging rampers, deramp it (for the benefit of all of course ;-), then it settles down to the true believers - reading these boards for a few years is like a degree in psychology.

However I don't think every company I invest in will hit the jackpot - some will be 10% others 30% but VAST truly has the potential of 1000% in a couple of years which is why this is and has been my major investment for 4 years. VAST has history .6p to 2.25p in a few months in 2015, ok it dropped from 27p to .1p over 11 years. The thing that attracts me to VAST is the assets and potential assets and now the CEO. Pepco as you say we are preaching to the converted and basically reassuring ourselves that we are correct ;-)

Sure Pepco we could be totally wrong and it's just opinions until the s/p booms or not.

Sure Sandy - many on this BB can see the light but not the market in general - IMO and we obviously share this opinion - that will change!

Or maybe some of the warrant holders have realised it's cheaper to buy shares at .3p than exercise warrants at .5p - thank the Lord for small mercies! On the other hand that conversion of 21 million shs has raised �105,000, which is not to be sniffed at I am saving mine for a hopefully higher s/p

ian only 21 million this year that's about 1 mil a week and it has been actually beneficial to do it this year as opposed to last when people were converting at a loss for some unknown reason

mojo - initially I think a rise to 1p is possible - market cap is currently �27mil - I think BPPM once fully running should add �50 mil, (NPV was quoted at $100mil) and is priced in now at say �5mil? so based on current assets not advancing apart from BP you would think by the end of the year the MC should be �70 mil or 1.35p. One has to remember we were above .7p on speculation of the BPPM licence earlier this year and that was before Eureka and the MOU with BOD. The above figures are IMO fairly conservative as AIM will undervalue and overvalue in equal measures, and I am pretty sure by December we will have more assets

Todd - I understand your frustration, but I am only giving my opinion as I see it. I always give clear reasoning backed up with facts and state "if" certain events happen and IMO. I stand by every post I have made and you are correct nobody knows, yes me neither!. However this is a talking shop where we speculate on the future - after all that is why we are here and invested in VAST. If you disagree with me fair enough let's discuss it!

mojo - knock �5 mil off the MC - there is IMO no chance we will not be granted the association of the mining licence for BPPM and a lot more chance we will get access not only to BPPM but some of the state owned Remin mines, which are massive! DYOR of recent RNS on the subject and you may see.

mojo - initially I think a rise to 1p is possible - market cap is currently �27mil - I think BPPM once fully running should add �50 mil, (NPV was quoted at $100mil) and is priced in now at say �5mil? so based on current assets not advancing apart from BP you would think by the end of the year the MC should be �70 mil or 1.35p. One has to remember we were above .7p on speculation of the BPPM licence earlier this year and that was before Eureka and the MOU with BOD. The above figures are IMO fairly conservative as AIM will undervalue and overvalue in equal measures, and I am pretty sure by December we will have more assets

Bezzy - give us a break - there have been 2 trades total value �1,250 IF there was a "sign" I think there may be a bit more interest!

I agree Fantasy - the 2 months rent will be paid on receipt of the licence association. The fact the RomGov are letting AP inform us is significant IMO and this is the last step. I expect the licence very soon.

Sandy - I think you sum it up well. Reading between the lines Baita SA wanted a little bit more and we have now agreed terms so the BPPM association should be granted very soon. VAST can justify the rental as it gives access to the potentially profitable areas of ore that would not otherwise be available, so it's a win/win

Sandy I may have a trip out to Rom over the summer, you will have to give me advice on some places to go