Member Info for djryan777

Just a takeout from the presentation "We feel we will have some significant results to announce in July" sounds promising , seems also like a good pipeline of projects and a free ride on this tailing's project.

i have answered my own question by listening to the latest presentation, so 6 months time before they need it, is it paid for does anybody know ?

I will retire from shares if i am wrong , its clear that they realized this was market sensitive and had to suspend..........until they consulted an advisor and extended , this ties in with the fact operations continue as normal.

The results are due and an operational update , Also if the shares are admitted to trading you can expect more than likely this will be trading.

Further more you would have to be pretty thick to exercise the current 14 million warrants and part with 420,000 pounds if this was going under.

I think its more likely good progress has been made in the last three months , we shall see. either way the debt is minuscule and the company mainly privately held.

I have had my fair share of disappointments with GRL but do not state things you do not know. It may be you are right and their are other reasons. i will eat my words but i will not give you any credit.as you clearly cannot read that she has an extension to exercise.

Can you categorically sate that is correct ? read that and tell me why this is not the case or linked. They have granted an extension which is market sensitive. Its a clear reason for suspension. its a closed period

he Board of Goldstone (excluding Mrs Angela List) considers, having consulted with the Company's nominated adviser, Strand Hanson Limited, that the terms and conditions of the Warrant Extension are fair and reasonable insofar as the shareholders of the Company are concerned.

Nguvu Holdings Limited (formerly known as BCM Investments Limited) ("Nguvu") gave notice to the Company in late May 2022 of its intention to exercise 6,000,000 of the 12,000,000 warrants it held to subscribe for Ordinary Shares at a price of 3 pence per Ordinary Share (the "Nguvu Warrants"), but Nguvu was unable to provide a signed notice of exercise before the Company entered into a close period pending publication of the annual report and accounts of the Company for the year ended 31 December 2021. As Angela List, a director of the Company, is a director of and shareholder in Nguvu, the Nguvu Warrants, which had an expiry date of 22 June 2022, could not be exercised during this close period. Accordingly, the Board of the Company resolved to extend the exercise period of the Nguvu Warrants by two weeks, to expire at midnight on 6 July 2022 (the "Warrant Extension"). If the Nguvu Warrants are exercised, in whole or in part, during such extended period, a further announcement will be made. The remaining 6 million Warrants held by Nguvu expired at midnight on 22 June 2022.

Hi mate i know what it is , is it on site and installed

The tailings revenue stream , I am assuming this is a free ride and quite lucrative ? Also the tomra XR scanner what is the state of play with this ? Just researching the share finding it interesting. Lots of moving parts. granted behind in execution like every miner i am in , but this is most definitely on my watch list

To add commentary on the worlds biggest state run mine. It never ends well when the government runs it , it needs investment and production will likely drop as a result. Digging in from here on my conviction , As long as rambler keeps raising its production profile its all they can do and i am happy , Copper will do its thing and at some point go to all time highs.

Strikes in Chile and Peru at two of the biggest mines.. In fact this is the worlds biggest mine. Responsible for 8% of the worlds copper output. Seems the TA guys and comex crooks ignored this when pummeling copper. I do not buy this copper drop and rambler is priced as low as it can go for me. Its now priced as no mine in situ even though we are now breaking even and ramping up. stick to your guns people copper will about turn soon , My bet is a bounce from here as its now over sold.

https://www.aljazeera.com/news/2022/6/23/chile-workers-strike-at-codelco-worlds-largest-copper-producer

https://www.reuters.com/world/americas/chiles-codelco-workers-begin-strike-over-ventanas-closure-2022-06-22/

Also Peru is volatile with one of the biggest mines in the world subject to 50-60 days shut in of lost production and is been blockaded again.

For me the fact Chile and Peru supply Half the worlds copper but are struggling with social and political pressures which will detract investment and disrupt supply , very large risks that can flare up anytime.

In a way a falling copper price does not incentivise supply and at some point rambler will benefit from rocketing demand. We may have a bumpy ride short term with speculators exiting but the fundamentals are in tact with the need to electrify everything , in a recession infrastructure projects are shoved forward such as china announcing stimulus , they will back away from zero covid soon enough.

This self induced recession is not like any other thing i have seen so do not expect the same rules to apply with metals. They are trying to basically reign demand in. horded cheap money and everyone wanting to do things at once. will take years to correct supply chains.

I am prepared to ride this out , The mining sector has sold off by 50% on AIM junior explorers and producers are 25% plus down , so we can attribute a good wack of ramblers undervaluation to that sell off on the sector.

for me its overdone and will find some sense and balance soon. Interested to see if china buys tonight and we see a bounce tomorrow in copper circa 2-3%. Highly likely.

back priced as exploration !!! copper taken a wack but i expect just as fast as its gone down it will rise up , my guess is the loading will begin soon. Either way this is a long term play for me and i look more to task of production profile , then we are completely leveraged to copper and all its upside. Markets overplaying and engineering a recession to lower demand and inflation. In reality its just high oil and gas driving inflation plus a bit of pent up demand. will all balance out. The east will take Russian oil and gas and metals and the west will shun Russia and take its supplies from other places.

looks like to me she could not exercise due to a closed period until financials , so she has been given an extension. i deem that as market sensitive, quite clearly the reason they suspended the shares. so they will issue financials and hopefully an operational update together.

so she has signed for 6 million and which will be announced after results and then she has a further bit of time to exercise the other 6 million.

Got to be in my book , plus they have had to suspend as they have extended the time frame for a director. Either way regardless of the director 14 million warrants do not get exercised if this is going down the pan.

We have 3 months of progress to report on and drilling ongoing.

i look forward to how far we have come in 3 months.

hopefully the gold as built month on month,

got a feeling as a watcher ill miss this , if the SP can wash through Atlas like that and keep this kind of volume then people will get taken out at every higher price point. see if i am right, The assets certainly should be valued much higher in time. That is what investing is all about.

A producing asset ramping up it is but you pay you money on that risk. most companies in this position would be at least double the market cap.

Obviously Sp is just shaping itself up and will re-rate accordingly. if the board of directors is right and they go cash flow positive Q3 and investors see an uptick in production then this will be more than at the races.

I suspect VAST is as good as any AIM chance to make money but more chance of doing so from a low market cap. This was after all a much higher valued company. if they are been re-financed then people with far more knowledge believe in them.

To the poster that bought at 1.70 .........you will more than likely see that again in short order with patience due to the low market cap it will move fast when it does.

The dust has settled now and genuine investors are taking position's. like i say i have fellow investors tipping me this so took a look , i believe them to be on to something. stale bulls may exit but i suggest many are deeply underwater and prefer to keep this on 95% dilution. I am on a similar proposition with RMM hence my interest. The road is always rocky but if people choose to give them another chance and re-finance them its because they believe in the assets and potential.

you cant really pick up producing assets in production circa 13 million cap , this is low due to sentiment and the environment they were in.

The assets now have a chance. switch off make a cup of tea and look at this every 3 months.

Its as good a chance as any !!

So now we see why they had to suspend the shares because they were sat on market sensitive stuff , quite frankly i am relieved everything is ok here and its actually very pleasing the last warrants have been exercised as if they were not i would of been extremely worried.

Moving forward it has been 3 months since the last update and we should have had 3 gold pours or be approaching the 3rd pour.

I am looking forward to a progress report on ramp up and increased OZ month on month.

i am certainly mighty relieved it was much a do about nothing.

My comment that this was all Jorc compliment was misleading , but you pay you money you take your chances that they can continue to increase mine life.

If they owe 8 million and have a market cap of 13 million and expected to move towards cash flow positive then the asset they are currently mining will naturally appreciate from bust to valued accordingly.

The risk reward here is good.

Never mind the moving parts.

If i had spare capital i would definitely invest. good luck to you all i will track and maybe make an investment April next year , even if its double providing i can see progress.

personally i would value it only on the 3-4 year mine life and take the rest as unproven. but its clear they have enough to work with. To have infrastructure and equipment plus a working mine is interesting.

I would not attribute much value to other bits of Vast yet but i look at the fact the board invested much higher so they have lost money as well, nobody loses money intentionally. They have brought this thing into production and remain confident. All mining companies have a rocky road to tread to get into production, but the fact is they are in production.

The past is the past and these assets are worth more if they can get ramped up this will look vastly different.

past shareholder pain and misteps plus covid should not be any new investors concern. The focus should be the future.

Perhaps look at the company website , you will see the jorc compliment reserves more than support a much higher valuation.

Baita Plai is a skarn deposit comprising several veins in calcareous sediments in eight distinct pipes
Measured, Indicated & Inferred mineral resource category of 608,000 tonnes @ 2.58% copper (‘Cu’) equivalent
Exploration target, including the historical mineral resource estimates of 1,800,000* tonnes under the NAEN Russian Code, between 3.2M–5.8M tonnes with Cu range of 0.50–2.00%, gold (‘Au’) range of 0.20–0.80 g/t and silver (‘Ag’) range of 40-80g/t
Unmeasured resources in other pipes and further substantial exploration upside
Commenced concentrate production under Vast’s operating control in October 2020 and the Company implemented a new mechanised mine plan in March 2021
Ramping up mining to target ~124,500t ore in 2021 & ~237,300t ore in 2022
Production targeted to reach ~6,286t concentrate in 2021 & ~9,580t concentrate in 2022
Current forecasts suggest Baita Plai will deliver surplus cash (after development costs) of ~US$2,427,066 in 2021 & ~US$13,197,646 in 2022

Then look at other assets

This is no way only worth the current market cap and is in production ramping up.

get your head in gear this is not a pump and dump it represents a good risk reward at this SP with all the new information in the public domain.

The past is the past i would suggest and the assets are more than supportive of a higher market cap

Have a few friends in this so always watching but sadly no funds to invest currently until other plays come off. My observations is its incredibly bullish for the Sp that Atlas are out and all those shares are absorbed, some nice new holders and some interesting assets which they seem to be moving on.
I would ignore the trolls they are playing the SP and also i would ignore the people pointing to Vasts past failures.

I have 10 years plus of watching AIM shares and i think in all probability vast should at least double from here on not a lot.

It has a lot of potential and i will continue to watch the story unfold as an interested bystander and possibly buy some later in the year.

good luck to those invested and best advice is turn off and come back to a much higher SP down the line.

or is it as simple as a paperwork filling ???

Either way Wasa i doubt we have lost our money , as that would mean the board and AIMS have lost their money !! not going to happen. we are around 28% in private hands so it would be very odd to wipe us out , worst case something has led to a setback and we likely have news to mitigate that or we lose 10-20% as the SP i already very low.

I think we will be ok Wasa but given i have lost 75% of my profits from our rise on HZM and had a terrible run of luck on rambler operationally also i would say maybe our strategy is off until this opens up double the SP haha

its only money !!!

Wasa Personally my trading account also shows it valued at 8.10 , i find it weird yours has valued it at Nil although i understand why.

Looking at Emmas's bullish interviews and most recent twitter posts this is all very odd if we are looking at a worst case scenario. No immediate money was required and if it was it would of surely been released now. Debt was low and operational overheads and risk low.

I do see a real possibility that the news could well be good or something got out in the public domain etc , it could well be interest was shown and gossip started among employees. the theft would of been reported by now in the news or by way of RNS. The homasse mine continues as normal.

worst case its a recovery issue but you would not suspend for that so the plot thickens.

I am starting to think people have been on site sniffing around and goldstone have suspended pending an offer , the nearby Wassa mine was sold recently to the Chinese.

https://www.mining.com/ghana-backs-chifeng-golds-acquisition-of-wassa-mine/

Recovering lower than expected gold surely would be covered in an operational update.

companies surely suspend as a last resort if something has escaped into the public domain.

Takeover preliminary interest could easily be a theory. Just because no offers been received it could of been deemed market moving if employees got wind.

mainly agree that we are protected here by the fact 3 big investors with 2 of them been the board are mainly holding all the shares. If we look at his logically that gives them all the incentive in the world for this to work.

Simply put if this fails it wont be through lack of trying, Emma said recoveries had improved , personally i wanted to see concrete evidence of that. My worst case scenario here would be that recoveries continue to be low and that is the reason for the suspension. That seems very unlikely to me as it would not really trigger a sudden suspension in my eyes.

I am intrigued as to what caused it. but i am in no hurry for them to update , as i stated before i would rather have a full and comprehensive update August time , at least we can see progress and judge things better.

If we are suspended for another month or 2 so be it although my personal guess is we will get something in the next few weeks.