Member Info for davey50

And in a few months time it will be ten years since they changed their name to Vast resources

The first placing as Vast started in July 2015 raising £1.26 mil

£5 mil funding with Crede in Jan 2016.

March 2016...£800k fundraising

July 2016...£855k placing

Aug 2016...£364k placing

Nov 2016 $2 mil of convertable loan notes

May 2017 £5 mil of financing

July 2017 $10 mil investment failed

Throughout 2017 a string of warrant exercised raising millions

Nov 2017 Open offer raising £1.23 mil

Dec 2017 placing £1.2 million

$9.4 mil funding with Mercuria

June 2018..placing for £1.25 million

Sep 2018 subscription for £860k

Nov 2018 placing for £500k

Dec 2018 convertable bridge facility for $3 million

Feb 2019 placing for £900k

March 2019...placing for £850k

May 2019..placing for £900k

Aug 2019...placing for £650k

Oct 2019 placing for £1.8 mil

Oct 2019 $15 mil convertable bonds

May 2020 placing for £600k

June 2020 placing for £1.5 mil

Sep 2020 placing for £1.7 mil

Nov 2020 placing for £1.75 mil

Dec 2020 placing for £4.8 mil

Aug 2021 placing for £1.8 mil

Nov 2021 placing for £1.3 mil

Apr 2022 placing for £420k

Sep 2022 placing for £650k

Nov 2022 placing for £1.46 million

Feb 2023 placing for £2.3 million

April 2023 placing for £980k

July 2023 placing for £1.7 mil

Oct 2023 placing for £1.8 mil

Who knows how many conversions warrents etc etc I've missed adding to millions more but it's shocking people can ramp this stock...it's a 100% scam and always has been

Yeah filter away and when the next placing gets announced around Dec-Jan you then think hmm that guy was right.

Yeah I do not understand small caps. I only trade penny shares. My ISA is at a all time high, rampers hate anybody telling the truth about a stock while briefly in it.

If there is a pump to be had you can bet your bottom dollar latino will be in for a few hours, pumps the entire penny share market in a few months does this fella.

I'll post where I like, shocking the lows pump and dumpers will stoop, they even pump the worst scam on aim

Staggering we are in a bear market and people pile into this rubbish. It's amazing how there is a avoidance of small caps doing well and buyers all over the worst stocks. No wonder they constantly raise money because they can get away with it, they probably use some of the placing money to pay people to pump this stock on this forum all year long so they can get the price spiked ahead of the next placing

"take your profits"..what profits would that be then, the price is at a all time low son !

Somebody tried to take on the mm's today with a string of smaller buys but the mm's are not daft they have the software to know when those games are going on and with zero patience the buyer quickly tried to dump them all and lost a small fortune, some idiots trying to force a profit in a bear market...only one winner and it's not the punter

I hope it happens for you. Sadly all of us long term investors who have been around for yonks have long since given up touching Vast because we believe it's a scam, it's scary how a operating mine needs £5-10 mil of constant placings a year every year for a decade now, weird it never gets investigated. I only wish I bought a disused mine up north a spun a yarn and floated it on Aim, paid myself £200-500k a year and lived a life of luxury funding by constant placings.

I'm giving away £10 million pounds worth of diamonds asimpleinvestor. All you have to do is pay a small administration fee to my booking clerks based in Nigeria to qualify for this huge windfall.

Think many will be in for a shock when results come out. Will be nothing special imo. To think this was being pumped way above 150p, I should have shorted it I knew it was a scam. Not interested at 12-15p it could be single figures soon, traders all over it but they will be jittery and sell out for any quick profit on and small rebound

I definitely think it's oversold but at the same time I also think the company has something to prove. Imagine some directors buying stock today how that would be nice. I tried to buy a few times on the APP on my phone NT every time, the mm's were clearly just panicking out but not willing to let anybody buy unless at a huge margin, they were buying at 2.37-2.55p and the sold the lot 2.68-2.99p nice profit for them

Placing in June 2020

"We are happy that the final stages of development at Baita Plai are

proceeding on time and as planned and expect that the funds raised today

will take us through to the anticipated date when we can achieve cash

flow through the sale of concentrate"

Must have had 10 placings since. I can recall at least 5 occasions AP saying this will be the last placing no need for more

funds.

Ha ha I never noticed that "Funding Based on current strategy and updated expectations the Company does not believe it will need to raise further equity funding for the foreseeable future"

How many times have they said that in the past ?

Oct 2022

"Following receipt of the Placing proceeds, the Company expects to have cash of approximately GBP1,556,948 and near-term liabilities of GBP933,020. The Board is confident it will have sufficient operating cashflow and/or resources and will have access to further funding in the future as required to meet its ongoing liabilities"

The first thing I would do if teaching somebody to trade penny shares is make a top 10 list,

No 1 on that list...Vast is a scam...I'm amazed that no matter how many times they place people still ramp it afterwards.

What does it take for people to see what is going on here ?

They mentioned this name in interims, turns out they are owed £6 mil in assets. But this has been going on a very long time.

But it just adds a extra edge to the value at this distressed level, with current cash double the market cap. The chances the two 20% directors could sell up and some new heavyweights come on board and this becomes a cash shell there's always a chance of that. Orenetide could still not be ruled out but maybe it's best to write that off unless they discover a weird reason why it failed in recent trials but sailed through the previous trials.

All in all I think this is cheap down here, possible 100% to be made on a bounce and any surprise Rns could deliver more but know the risks as always

I remember getting my head bitten off for suggesting slicing a few after the price had quadrupled, if it keeps going great and if drops back (it did) you have the option to buy them back, was over 15p difference between highs and lows. It's a day traders market and lots were in for a fast buck. I always chuckle at comments over a directors sale, is he meant to hold them forever and not enjoyed the profits, he's done exactly the same as I suggested. It's not a negative at all unless to anybody who has sold and wants in cheaper. Seriously you want directors to hold the stock until they are all old and by then the money is no good because your knackered with arthritis etc etc and for some people 6 foot under. Looking at his picture he looks around his 50's, so take some money out and enjoy it is my motto

Well I have been trading since the internet arrive and have seen it all but even with dot com boom behind me this currently is the worst day trading frenzy I have ever seen with almost everybody buying and selling now within days and most people for a loss. If the market makers are making millions a week and they will be that means pi's are losing the same to them. I see it every day, a random numbered buy then within a hour they have sold it again for a huge % loss and I question why, I started with sub £500 in this game and if you saw the size of my Isa now and the money I have took out to live a comfortable life you'd be impressed and you do not get this way from selling for a loss the same day or week just because your stock has gone quiet. Even in Snt this week on that news most of the buyers sold out again once they established it was not going to spike. No wonder 95% of people in this game do not make a profit.

Interesting a 500k buy was printed some 10 minutes after the close yesterday. That normally means a worked trade or somebody with a buy order although I'm pretty sure you could get way more than 500k.

Added over 500k sub 1.4p this morning. Seems to be a distressed seller dribbling them out.

Well sometimes you have to go against the herd and take a chance and buy size when nobody else wants it and then when the herd arrive and they are chasing way higher you sell it back, that is the plan here.

I honestly thought when I saw the Rns it would be be quickly into double figures and 12-15p by now, funny old game penny shares now. 8p nobody wants it 10p nobody wants it, spikes to 20p everybody suddenly wants to buy in

Bought 100k at 8.12p and 50000 at 8.14p