Member Info for dssloan

Forgot to add...those Twitter posts are from TODAY.

@JamesGoozee who recently crossed the 3% threshold is talking about edging up to 5%.

"It will indeed erupt #prem I have not and will not be selling any, trying to accumulate on dips have to report again shortly at 5% holding. Come on #prem #lithium #gold #epo #retirementtrade"

Plus this

When asked by another twitter account if he was going to need another TR1 RNS, his reply was that Circum, RHA, MNH tie up is worth a 3-bagger of the current price. The Zulu EPO would ON TOP of this.

"Hopefully #prem I don’t see any point selling when all is about to unfold. I have no interest in trading this. Huge value in Circum. RHA. Mnh tie up. Katete. This more than covers current sp x3 then there is Zulu Epo which will be company making, jv partners etc. Gla genuine lth"

The modest top up at 8.55 was my purchase.

Embarrassingly, I was just investing some top slicing from VAST into here and EMH & TSI - I didn't even see the RNS.

Edging achingly slowly. Surely they will not release any more purity figures until the 99.65 threshold is reached/exceeded.

Exactly...beat me to it. £50k for 30 million.......not an idle punt. Maybe someone in a Zimbabwe ministry or MP .... :)

After a day which saw a 73% increase, a day of consolidation was not unexpected.

However, a modest blip upwards of 2-5% would steady the ship.....and a few nerves.

The trades so far this morning seem to be mostly coming from small private investors.

Would be nice to see chunkier investments of £10k plus. Maybe those will come during the week(s) ahead...

Sorry for off topic....similar early drop in VAST....both in a similar position in terms of expecting significant news from Zimbabwe, both shaken by MMs and both on a firm upward trajectory.

Good to see a resumption of some hefty buying -- £100k -- in the last 30 minutes or so.

Hopefully a harbinger of greater upward momentum tomorrow.....or a sign of possible news?

Ooops... [now to properly finish my post]

If RB@Balboa is correct and that "a JV partner is in place to advance the Zulu lithium project mines" this would provide a seriously significant bolstering to both the recent rise & current share price and also substantially boost both.

Here's hoping....

If RB@Balboa is correc

Lawrence...I can imagine CEZ completing due diligence will lead to a rerate of sorts....but sustained for how long it is difficult to say (maybe up to .45-.65).

The "stonking" gains I mentioned will come when a pilot plant is built (as Bacanora did) and then offtake agreements etc. Hence, 1-2 years is more feasible for the bigger gains.

Ripples emerging? £23.3k paid.
Good omen, I hope.

Mine is the only trade ....so far.

Received a small lump sum from early retirement teacher's pension, so dripfeeding some in here over the next 2-3 weeks, plus 3 OEICS for emerging markets, India and East European growth.

Congrats to any fellow VAST holders here. Hope EMH takes a similar path, but will be 1-2 years before any stonking gains.

Oops, this is my advfn post....just reposted myself a few moments ago here as well.
Not sure the Red Mercury valuation is exactly the same as the 15km2 concession mentioned in the
RNS last week, but the ball park figures are intriguing and enticing.

Having seen figures of $800bn bandied about, it would be useful to see a valuation of VAST's specific 15km2 concession. The earlier Daily Mail (August) figure relating to Red Mercury mentions $1.7bn. Whether it refers precisely to VAST's recent 15 km2 concession exactly I'm not 100% sure.
Nevertheless, even pending further clarification and precision of valuation, for a company valued at £30m, there's a heck of a lot of upside still.
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London-listed mining firm has staked a new claim in Zimbabwe’s Marange diamond fields, in a deal that could unlock £1.7 billion of gems.
Aim-listed Vast Resources has agreed joint venture terms with Red Mercury, a Zimbabwean community trust, for exclusive access to a concession in the fields.

Red Mercury will provide a full mining licence and Vast will procure funding from investors for an ‘efficiently operating diamond mine’.

By Harriet Dennys For Financial Mail On Sunday23:22 25 Aug 2018,

VAST's concession is 15km2 - if my memory serves me correctly of the Powerpoint presentation on the VAST website.

I will be very satisfied if it holds 15-20% today. 7.5% on Friday after Thursday's 70% was an understandable consolidation day.

If the figures bandied about are accurate, for a company currently worth $20m, that's quite a significant boost.

This sentence below seems an important clarification.

"Projections indicate revenue after six months of US$13.25 million per quarter on expenditure of US$7.25 million per quarter after initial operating requirement including capex of US$5 million".

I have seen posts mentioning $13.25 million after six months with the fuzzy implication that this will occur every SIX months.
Interestingly, after 6 months, $13.25m kicks in every QUARTER.

Hefty volume is healthy at this time of the morning....evidently, quite a lot of churn and trading and the price
not as high at this stage as i might have hoped.