Member Info for Fantasy

I meant - hopefully mercuria will NOT deduct....

"Lets get the production started.. lets produce enough.. lets get paid by Mercuria (hopefully they will NOT deduct payment against previous loans).. and hopefully sort the finance mess..."

Would love to see the shorters burned... need finance for that... AP has done some wonderful finance deals - during his time at VAST :) learning with shareholders money, how not to do finance deals.

Lets get the production started.. lets produce enough.. lets get paid by Mercuria (hopefully they will deduct payment against previous loans).. and hopefully sort the finance mess...

GL

Did the RNS state the reason for this assay results delay? If you know what the reasons for delay is and if the company had taken corrective actions to get it in Aug-20 - then it gives the confidence to trust what the RNS states.

No reason for delay given, but this finance can had been kicked down the road again.

GL

Good - production on track in jul-20
Bad - assay results delayed to Aug-20. Assay delay itself not an issue but this will delay finance conclusions. This is disappointing.
GL

Sandy - you must to joking.. Vast cannot keep up what they promised on 12-may-20, 10 weeks before.. you want the shareholders to got back to 18 months old BS?

What is stopping AP to release this info in RNS, less than 2 weeks in to production? Tell AP he can attract new shareholders by re-releasing 18 months old info so that he gets an another chance to place?

Many things would have changed in 18months... for example - any impact due to covid?

I have never heard of a company scared of releasing production info, 2 weeks before production..

Start mining and start selling... lol. Waiting for RNS to confirm both... what they will mine and by how much.. that’s what I had been demanding. Do you have monthly production and revenue plans in RNS? Or your own calculations??

Sandy - yep keep the assay results until production for what?? Vast and BS master needs to come out and share the revenue generation plan. When asked we were told that assay results are required? AP has failed to deliver things on time. He may deliver production on time by switching on the machine but keeping shareholders in the dark by not sharing the revenue targets.

Probably the BoD are too busy working out next placement (may be)... thats the only fantastic job they have done so far...

Will say again, AP and your incompetent BoD... you released a RNS saying assay results in 6 weeks which passed on 23-jun. Have some decency and update the market. For all the value creation BS that you talk about, you have no respect for ordinary shareholders. Time for an update on essay results.

GL

worth looking at the latest presentation (16-Jul) from Kefi.. Some very good info in the presentation, if anyone is interested.. GL

https://www.kefi-minerals.com/news/presentations/2020/investor-presentation-july-2020

Smoking - please trust whoever you want to trust.... i don’t... I am not concerned about whom you trust... whether it is vast crew, allegedly some vast paid rampers or for that sake anyone... but come on, BS master needs to come out and share his revenue generation plan in a RNS. Sometimes we can’t even trust the RNS in aim...

Assay results were due by 23-jun, why there is no update from vast? Do you know? I have my doubts on AP and his promises or as I say his BS... only delivery so far is placements.... failure after failure from vast... at least get one thing on time... :))

Talk about shareholders value destruction, AP would win the award without any contest..

GL

smoking - gosh... I would like VAST/AP to come out and provide the revenue generation plan. Not Kieran or Krazy or joe bloggs..... Whatever people assumptions and estimates are completely irrelevant for me.

It is not rocket science...
- assay results
- clear the Finance mess (peddles from mess to an another so far, from Mercuria Tranche 2 to Atlas)
- share revenue generation plan...

GL

Saudi arabia asset will be much bigger than tulu kapi... one has to look at the asset and do their own research..

Gold and copper prices - will definitely help the funding discussion.

Aug-20: SA JORC due
Oct-20: Funding (should be before oct)

3 months - potentially transformational period for Kefi and its holders..

GL

Sarah - well, expectations for AP and VAST are crystal clear...

1) Production by 31-Jul-20
2) Assay results
3) Finance
4) Revenue generation plans

Markets is not believing anything from VAST, until it is delivered... VAST confirmed that China delivery is on track and reiterated that production is on-track, which is good.. Time for an update on the remaining 3 points.

GL

DrAim - when the RNS was released on 12-May, UK was still impacted by Covid... In fact, situation started easing in Jun. So VAST should have known about potential delays? Imagine there is a genuine delay due to covid, VAST could have still updated market on 23-Jun about the new timeline. 3 weeks on - radio silence. I am sure, UK listed VAST can make placements on time - no delay due to covid there then?

Sarah - VAST and AP must release the info via RNS, whats the point in emails/chats... placement comes without me asking, why do we need to chase AP/VAST for an update which they promised? :) There are quite a few VAST crew in here, who will update AP on these requests..

well - where are the assay results??? delayed already by 3 weeks now... AP and his timings are a joke.. RNSed on 12-May for 6 weeks delivery... and it is 9 weeks and still no update... absolutely POOR show from VAST.

Sandy - July 2020.. i.e., 31-Jul-20.. waited for nearly 3 years, what is few weeks.. Only issue I have is trusting this BoD. I may even sell up and move on.. :)

Fantasy: "Jul-20".

I assume you mean July 2020, not 20th July. Production is due by 31 July.

Smellyben - I agree with on most of the things that you are saying. Delay after delay has decimated the SP for sure...

I think, fundamental outlook has changed - with the news of "can kick out ANS if KEFI wanted to" and to look for potential alternative finance arrangements. This was not the case before. Secondly, gold and copper prices helping the overall valuation.

You are correct, nothing is guaranteed until KEFI/HA delivers finance. KEFI is way undervalued compared to its peers due to poor leadership performance in my view. But this could all change, when we finalise finance.

GL

People needs to look at the fundamentals... assets, metal prices (gold and copper are doing well) and finally leadership/BoD. There is no question, we have had delays after delays from state of emergency to ANS in Ethiopia.. But with bull rally in gold and better copper prices, we should be able to sort the funding to move on next stage of mine development. DYOR.

GL

To be honest - update on China shipment and it has already arrived in port as scheduled is good news..

- production on time as committed for Jul-20.. good update that this is still on-track
- assay results, update required
- Finance, update required

GL