AP's Performance!!!12 Sep 2019 14:12
What AP delivered?
- BP licence and
- Mercuria Tranche1
- Probably more to the list people can add, but nothing significant or strategic for now
Why it will take time for AP to build any trust and why AP should go, if he cannot deliver finance?
- Where are all the money raised going and what are people working for VAST doing?
- Expanded too fast and too thin. Wasted precious resources on “non-strategic assets” and ran out of cash.
- No strategic thinking, no risk management and no prudent cash management
- $1m raised for diamonds? Where did the money go?
- Money raised for Manaila trucks? Where did the money go or where is the truck?
- Headroom requested for one and used for others
- Mercuria 2 failure and Bergen saga.. All “ON TRACK” BS and eventual failure. We will not convert Bergen BS and Bergen did.
- Finance; we have option a, b, c and d. But couldn’t get any.
- Corporate Finance restructuring BS and no update since then.
- Sold PP at the wrong time, look where the gold price is $1500
- BP continuing to be a liability and sucking in cash without revenue.
- Placement, placement, placements…
- 80% reduction in share price under his watch..
- There is more to the list and I am sure people can add
AP had his time and has failed so far based on share price performance. There was NO method to AP’s madness – if still not convinced. Check VAST’s share price chart..