Member Info for DanielC43R

Is this just lse being rubbish and not giving the whole story ? Noticed the volume of about 61M here and then after hours the extra 15M or so turn up. Certainly some busy trading of late. GLA

I make it 2.6%. Am I right in thinking it is 3% or more that requires RNS ? GLA

Because of the financing as per 9/12/20 RNS,

'Vast Resources plc, the AIM-listed mining company, is pleased to announce that the previously announced detailed Term Sheet with the international banking institution (the “Bank”) has now been agreed between the Bank’s executive team and Vast, and submitted for the Bank’s final credit committee approval which is scheduled for 15 December 2020.'

He better be right about his next comment too;
'The asset backed debt facility is a key corporate and commercial objective for Vast, and one which I believe will prove beneficial for shareholders as we move into 2021.'

To me beneficial would mean more than 1p per share without consolidating. lol GLA

I would guess nothing at all. Often thought it was just trades (from MMs) to make up the numbers i.e. to make it look busy and entice the punters in. Could just be PIs with free trading apps also. GLA

Nope. It would be most likely after or before trading so as not to cause trading chaos IMO. Could see the usual Blackrock RNS at 3.20pm though. GLA

Did we just have a bad RNS or was that a shocking tree shake ? GLA

Me neither jackthebear and I do use google for SP action. I am in ten miner/exploration stocks (EUA and GGP my best performers so far, the less said about VAST the better lol). Like the grades here (Blue moon and El Abra) so thought I would dip a toe in. GLA

The one for 100K shares at 8:41 for 3.045p is a buy - mine. Not all as it seems from lse. GLA

it is slow and I keep getting logged off. Just my internet or anyone else getting similar ? Sorry off-topic. GLA

I thought 6.30pm too. GLA

The usual time is 15:20 (not the one we are waiting for) I think lol. GLA

at about 45M but only approx. 35m buys and sells. 10M MIA - is this correct ? Where are the extra 10M shares ? Info taken from this site with minimal understanding by me lol . GLA

down today. Hold a few exploration stocks(10) all down and one also down about 10%. Just one of those days I guess , easy for PIs to be concerned on this drop. I got shaky this morning I must admit (did not realise the mre being a small fraction of the whole picture) better now though. GLA

weird today. I have had more trades, so far, in VAST today. Have they (MMs) run out or just a slow start ? GLA

Apologies dbh and everyone, I incorrectly used the rate for Euros to the pound (note to self - wear your damn glasses). GLA

Perhaps I misread the following dbh;
'As one of the major conditions precedent to drawdown, the Company will be obliged to raise at least a further USD6.2 million of equity to be invested alongside the Bank and in contemplation of this requirement the Company has today raised £4,846,579.90 gross through a Placing of 3,671,651,439 ordinary shares of 0.1p in the Company (‘Ordinary Shares’) at a price of 0.132p per Ordinary Share (the ‘Placing Shares’).'

$6.2M (at least) is about £5.6M so a shortfall on their obligations hence the further dilution possibility IMO. GLA

Another positive is we will never need to worry about CGT lol. Still another raise to come to get to the $6.2M, so more dilution waiting, I guess before end of year. So the big question now is how to get our losses back ECR or PUR ? GLA

I have 20% in GGP and 16% in EUA from recently derisking a bit. In terms of paper profit these two (out of 15 stock pf) account for 95% (in money £104K). Getting scary now with these numbers, trading here today is huge. GLA

A nice, unexpected surprise RNS there. Grades are ok and at shallow depths (also good), to be commercially viable is 0.5g/t the cut off point ? GLA

*sale looming. doh. GLA