VAST20 Jan 2019 11:36
VAST - what a disaster this is turning out to be... First of all - feel sorry for people who have invested in VAST.. Unfortunately I still hold 1/3rd of VAST shares.
Have been calling AP to come out clean for a while - Talks good, delivers little. Tells one but turns out to be an another. Everything with VAST is someone's fault and NOT BoDs or AP's or VAST's.
BP communication shambles - communication of licence coming when the final paper hasn't submitted by VAST
BP de-watering costs.. surprise, surprise, need more money
Shareholder value BS - Communication of no dilution in podcasts, but placing left, right and center
We don't need to place - but need headroom.. placed within few weeks
Manaila making loss
T2 coming, coming, coming and.... no sorry, Mercuria pulled out... and plenty more of examples
Lets say this - why Bergen deal was orchestrated, with such a short notice?? with such a wonga type deal, with 90days buy back clause... why when T2 was still play?? Here is the answer - VAST knew of mercuria pull out or strong reasons to believe mercuria will pull out... Vast made Bergen and announced.... in the meantime announced Mercuria is still in place but delayed, when AP/VAST knew very well, it has little chance of Mercuria going through - all to buy time. Sure, VAST/AP are working through less preferred plan b, c & d...
People who still has rose-tinted glasses and have your head in the sand.... and everyone who has called T2 on track... do you know $1m placement - what was that for?
Have called Bergen conversion closer to 0.22p, to close the charts gap at 0.205p.. Now thats done.. Wish I sold my remaining 1/3rd as well... hindsight and all that... I am hoping for some good news, to move this up...
Too many deals, spread it too thin, ran out of cash, scrambled for last min bergen, placed it to keep the lights on - AP stop all the BS and come out clean to the shareholders...
Message to AP (FAHP - you are good at this, copy paste it to AP in an email or text him :)))) - Best CEO of the year 2018 in Aim was it? Changing fast!! 1st step to any recovery is to admit your mistakes.. and move on. People will start to believe or start to trust.. Stop the BS and salesman speeches in podcasts/telegram and release proper news via RNSs.
There is some hope, once bergen converts - this may move up but no where near where people expect it to...
Best Regards, Fantasy!