Member Info for DG1Investor

Head down in shame on my timing of my ‘frustrated post’ - all is forgiven !!!!

Surely it’s time for an update - where are we at ? Good or bad, progressing or not, plan b, or game over - time for someone to step up and have the balls to let people know what’s going on - it’s not like it’s going to effect the share price

We were told what’s going on - this just doesn’t make sense to me as a dotting ‘i’s crossing ‘t’s exercise. Are we blinded by ‘hope’ that things are all well - they are obviously not. I don’t want to sell and of course want to benefit from a significant rise in SP but this whole episode stinks - self imposed ‘not doing an interview until license in in hand’ is nonsense - he is hiding - time to come clean and tell the truth to those who have invested their monies into Vast. Are we waiting for another 30 days or has a full stop been missed somewhere which requires another 30days to rectify ! - frustrated - yep indeed.

This just has to be undervalued with the current POO & Soco low cost base- Ive been invested since earlier this year and have been suprised by the share drift downwards (looks like i got in a tad early) - more than happy to hold though and add when I can - great divi's too. Just needs a catalyst to lift things here, I was expecting a rise to 135 earlier in the year and im still expectant of us returning to that sort of level shortly (3-6 mths) - which would be a 50% + rise from these levels.

Don’t get yourself banned - Jim is fine (miserable but fine) - I calculate (back of a fag packet) 1.5m shares sold today attributed to significant sells (circa £10k plus single transactions) so if they are option sales then not overly significant volumes - enough for MM’s to drop the price but not enough to sell up and go running for the hills !

Good luck with your recent purchases lost again - hope you don’t have to sit in your cab for too much longer - unless of course it’s a job you enjoy - nice to have the choice though hey mate

Would exercised options need to have an rns - I’d assume only if there was a significant change in the volume of options outstanding ?

It needs to play out up and down - it’s not going to go directly to £1+ without some red days on route - nothing has changed other than some people taking some profit/ reducing risk/ trading etc etc - well done to them.

Thanks Filthy appreciate your response. Jim - it’s not people hating their jobs (although some might of course) - just maybe trying to secure a stronger financial future and the life options that strengthened position would no doubt offer. Being overexposed to a single stock may be viewed as not sensible - but heavily invested in a well researched stock which one believes is significantly undervalued could well be viewed as a sensible course of investing.

No doji today Filthy - any thoughts on the sell off - profit taking and slide with the widened gap to publication of MRE2 is my thought - maybe some fear of fund raise. Pull backs can be healthy though to clear out some quick buck traders - any thoughts on trigger points on the way down which if breached would be of greater concern

Remember ohwhatanight, we are close to our market cap value peak of last yr now even though SP is lower than the 46p peak due to additional shares in circulation created during last yrs placing. Understand what you mean with the rest of your post though. Might well be being suppressed right now as it certainly felt in recent times - thing is we will probably never know for sure. Eyes on the prize for me

Shame we didn’t get blue on Rns day - but keep the good news flowing and our blue days will mount up Good weekend all

I agree Richy - if they do a cash raise then after the MRE2 would be the better time. Last Yr they did the placing before the MRE but maybe they knew the initial MRE may disappoint slightly and so took the chance to raise when they could. This time round MRE2 being the blockbuster we are assuming it will be, then a raise would be far better afterwards.

To be honest I'm not even sure it will be needed - options could bring in some good levels of cash - and we may not need 12 rigs a spinning next yr, ie we could lower the cash burn - which I believe has been reduced significantly anyway.

Finance options may reduce the need for a raise - if we are indeed going down the finance option (with a view to production / or as our chess move to increase any takeover value) which could be secured on the back of MRE2 results and PEA results.

I was quite sure a raise was not on the cards - its just the mention by Canada bank that got me thinking - but then if they have got their NAV values mixed up, then I'm not sure how much of their report is to be believed !

Hey Ho - what will be will be - either way raise or no raise - sale or no sale - this is going to reach levels which many on here have only dreamed of - the only question is how and when in my mind

Will we get a repeat of last yr - a potential cash raise prior to MRE2 release - to stay cashed up (a final chance to get in at the ridiculously low sp). Then full steam ahead for MRE3 ? It’s fantastic that what we have is getting bigger and bigger but is there a cut off to a size when we sell or when a Major says that’s big enough I want in ! ? Aggy, Trivino, Moran awaiting in the wings - when do we get to them ? The catalyst to send us higher will no doubt be MRE2 but we were in a similliar frame of mind awaiting MRE1 I’m not being negative my thought process is what sends us higher now to protect from a low ball offer- what takes us to 50-60p. A cash raise at 55p if we were at 60p would be probably acceptable to most - but at 25p when we are at 35p would not (which were the circa levels 12mths back) Just my ponderings - positive RNS today - come on the blue finish

Not tongue in cheek goldenveg - genuinely appreciated DG

Thanks for your numbers Pad, Goldenveg - much appreciated thank heavens for Goldenveg’s spreadsheet - now lets have a blue finish on an RNS day. I’m not bothered if revised MRE comes in Dec instead of Nov, I’m sure there is good reason for the delay and in my opinion it’s not a delay as we were only projecting to release it in Nov - now projecting for Dec so no biggie

Good post FTB - well articulated

Solgfinger - we are on a good path here now mate. Day to day fluctuations matter very little - eyes on the prize. BHP coming on board as SeanHunter and others summarised ‘game changer’. After the journey most have been on with Solg it’ll take a sledge hammer rather than a subtle nudge to shake those that have done their research away from the end goal .... £+

Noted :-) Night All

Up 8.3% cornerstone today - recovering from some early week losses