Member Info for dsmith57

Quite a disquieting day today I thought with massive selling. God only knows how the price stayed relatively stable. I feel that the positive sentiment around this share which has persisted for some time is slowly but inexorably fading. Investors are hearing great news piled upon great news but is all jam tomorrow. It is almost as if it is now all too good to be true. The basics however are shrouded in mystery. Are we profitable? What about the new equipment for Manaila, and what the hell is really going on with this sodding licence?. Now the second tranche of financing has hit a snag. It is all a bit manic. New projects almost weekly with supposed great prospects but a share price which has been static for around a year. Placings still abound when we are assured that they are not needed and still the spectre of the licence remains. Trust with Mr Prelea has almost evaporated as far as I am concerned. If this licence is not granted next week I think that I will be off to pastures new. Good luck to those who still have faith.

Listening to some on here it appears that we have actually had a good day. It’s nearly 8% down for God’s sake!!

Sorry to seem on the negative side because I have more than I should invested here but there has now got to be some trust issues with our great leader. Another dilution today out of the blue on top of the last one which we were given to believe was really not necessary and, more seriously, a hiccup, it seems in the release of the second tranche from Mercuria. Prelea is good at good news but sneaks the bad stuff in with no notice at all. Thoroughly fed up waiting on this sodding licence which has been woefully handled by the CEO. All in all not a good day. This share is almost daily beginning to look like your average AIM disaster and I was not of that opinion until recently.

What a laugh Shakey. What the hell are you invested for? To see the company grow and prosper or actually to earn some money on capital invested. Clearly you are an altruist with no interest in making money. Some of us ie all the rest of us are not!

How much more can lth’s take. I have had a considerable amount tied up here for 18 months hearing time and time again from so called experts that this is the best thing since sliced bread. All we have had is more and more of the same. Great results on the face of it but no movement in the share price. To be honest I think enough is now enough. It has been jam tomorrow for so long that I have now decided to leave with a minuscule profit. All the grand words for nought.

A halting, less than positive interview is my take away. There are still massive hurdles in the way here. I am leaving at a loss.

Sorry. More of Mick’s jam tomorrow hokum. Until we get financing, and there is no sign of that, this is not going anywhere. Potential,potential, potential. Yawn!!!

This has just got stupid now. Ready to drill for big oil and a bunch of spineless amateurs are selling up in a blind panic. This is not Bergen’s doing. It is rank stupidity from pi’s. Get a f——n grip!!!!

This project,though hopeful, is only in its infancy. Let us not get too carried away just now. The importance today is the fact that Vast have got eeaely participant advantage, clearly got the trust of the government and await news on Marange next door. Let us do everything by the book here, be generous and accommodating to the local community, impress central government and hope that Marange,or a good proportion thereof comes back into our hands. if this is sensitively progressed then I am very hopeful of fireworks to come. Very good strategy.

I know it’s only a guide but 38 million bought and 1 million sold. Should this equal 2.5% rise?

It is as if the board really want to shaft us. PR is non-existent. Surely the company should have had an update giving us an idea of timescales for each of the projects. This should have been given immediately after the licence grant. He4e we are two weeks later and not a word from this miserable shower. They have no clue. They have allowed the share price to drift from that day if you can call losing 50% of the value drifting. A disgrace!

All because of our wonderful CEO!

I have a substantial holdind and have been an avid reader of this board for well over a year. I feel that I should now post my first message. This whole affair of the licence has been woefully handled by Prelea and if this is an example of how the company is run god help us all. Quite why he has repeatedly given indications as to when the licence is to be granted is ridiculous. It is clear that it is out of his hands. All his prognostications have done is cause the price to fall when each and every prediction is proven wrong. All that will now happen is that any boost we get when the licence eventually drops will bring us at very best back to the high 60's. That is all down to our boss.Am I the only one by the way who is less than impressed by his many interviews. Needs to begin to look likr a CEO not like someone who has just got back in after a skinful!