Member Info for Fantasy

AP’s performance in 1 line – 50% dilution, 75% reduction in share price. Delivered - Mercuria tranche 1 and BP licence.

sandy - why spend on other assets that AP has interest in? why AP didn't manage cash properly? 1 thing is guaranteed - more placements.... :)

gbjoeblogs - insignificant... little drops makes an mighty ocean comes to mind..

AP's record - from 5b shares in issue to 7.5b and counting... :)

prudent cash management.... spend on new licences, spend on unnecessary work, spend on new permits..... spend on assets that would benefit AP - pass on dilution to shareholders. Thats how you would create share holders value.. :)

GL

https://uk.advfn.com/stock-market/london/vast-resources-VAST/share-news/Vast-Resources-plc-Placing-And-Subscription-To-Rai/79387374

Fools - look forward to this multibag month....... :)

49m shares traded today.... nothing significant... :)

GL

Yeah sell the asset that produces cash and plough it on assets.... place more... :). Rinse and repeat.... Start producing cash and then divest... Vast does everything other way around, to keep AP’s interest intact... Less than 6 months to fold at this rate. GL

starvest - I am not saying this is "not good news". At this stage, where VAST is desperate for cash and many talking about selling assets to pay off some of the debt - focus should be really in developing BP. All these additional assets are great, if we have enough cash. Since VAST doesn't have enough cash - why spend your money and energy "AT THIS STAGE" is the question.

when does this licence expiry if VAST did nothing on it? Does anyone know?

Fantasy!

AP haven’t learnt his lessons, spending without revenue stream... For once, thought that things are changing.. but look at this... expanding too fast and too thin is back... Focus on BP... generate revenue and then expand... Fantasy!!

Good that someone is holding ~5% of the company... some confidence albeit majority of shares at 0.135p...

sure, see this as positive... also lets be clear, the SP is 0.17p, nearly 75% down... when the SP is at or above 0.5p, we can have some decent conversation..

don't count your chicken!! nothing has been hatched yet... GL

Fantasy!

FAHP - you learn few things after buying. :). Vast and AP fall in to this category. Don’t mind losing one bit. You win some and lose some... that’s aim.. high risk/reward and all that. Would I buy VAST today? - would be tempted for the assets. But with the management, I wouldn’t touch it with a barge pole. :). I am already in, had cut my losses earlier in Nov’18 by selling 2/3rds. Let’s see what happens in the next 6 months with vast. Yes there is that hope, just hope. I am very well aware this could go to 0.5p or I may very well all of it. No bother either way. Hope vast delivers and everyone gets a positive break. Good luck. Best regards fantasy!

FAHP - why do anyone say people to sell when they have a negative view? You think it is intelligent to say, sell and go? equally the same stupid thing to say... People are entitled to buy, hold, sell, trade and do what they want... and equally people are entitled to shared positive, negative or whatever their view is.... have sold 2/3rd of my holding... still hold 1/3rd. Decent asset, but poor management.

hi HT - you talk like AP!! :) If you lot are that bullish... buy the company and take it private... if you cannot, please shut up and put up! This is a listed company.

HT - had been seeing for the last 18 months... no big changes.. same BS! Happy to be proved wrong. Spin master is quite good with the podcasts though and a good salesman. :) Best regards fantasy!

HT - soon, very soon, moments away, imminent.... looking forward to that... :)

Tea leaves?? :)))) Depends on what the company can deliver.... if AP delivers all that he mutters or muttered, then one can expect change in sentiment. If it’s the same BS as before, then expect the SP to continue the way it had for the last 6 months.. GL

Lot of rampers tonight...one who called 2p disappeared a while ago.. :)

how long did we wait for BP licence arrival?.. how prepared a company should have been with the funding to make this work??

Fools - thanks for your views... yes I have lost faith... actually sometime now. Still hold 1/3rd of my original holding, just in hope. Have said this before... will say it again.. AP is a great deal maker - would want him in vast team as a deal maker. Remember AP is a trader. :) AP has shown and proved so far that he is not astute operationally nor leading vast or it’s board of directors and is not a ceo material. BP license was recd in oct’18 and the fact is that BP is a liability as it stands today. Sat doing nothing for 5 months... that costs money.. not really nothing - but nowhere near where we want it to be.. will cost money to keep the dewatering and the rest... meaning more money down the drain.. meaning more headroom and placements..... state of affairs in VAST and AP as ceo is poor. Hope things turns around.. and we are better of!! Hope!! GL, fantasy

Adrianuk - Thank you!! :) Good luck, Fantasy!