Member Info for Fantasy

applegarth - how low is low in VAST? when it topped at 0.72/0.73, we thought 0.60p was the base.... came 0.50p, thought that was the base... and came 0.40p, thought that was the base... and 0.30p came... is that the base???

I had been in shares, where sometimes it is cut your losses and run... VAST isn't quite become that yet... but there is chances of going up as well as down...!!!

IMO no point buying at this level... without T2 and potential death spiral.. worth waiting :) GL

ORT - trend breach.. look at the volume... you don't see today's action in isolation...

FTB - You can tempt me to sell the whole lot, for sure... If you or someone who has cash to buy out and take it private, ofcourse I would have to sell... :)

Sell now - no, I have written off my VAST investment.. :) easier to sleep.. But I would hold my CEO accountable for his actions, which lead the SP from 0.6 to in its 0.2s :)

Ian67 - I didn't bail... but have reduced my risk in VAST significantly... No plans to buy anymore, unless I see improvements in operational delivery... :)

ORT - VAST has lost 50% of its value.... without mass selling? Volume hasn't signalled periods of mass selling? signalled in nov'18... check my twitter post.. 20 months trend line breached in Nov'18, signalling sell off... :)

https://twitter.com/FantasyShares1/status/1060302395945730050

ORT - teacup has an explanation... what we see is NOT what it is... SP had been on the decline for the last 3 months... if we looked at it more objectively (rather than manual buy vs sell)... with 50% reduction in SP, do you agree we had more sells than buys in the last 3 months? You can't see today's price action and volume in isolation.. iceberg effect!

Eureka vs BP? BP is ahead of the development curve... impact would be the same? - cash flows earlier in BP, return on investment will be fast in BP vs Eureka.. as I said, If vast had cash we could develop together, but we don't have cash for BP... so no.1 priority got to be BP, rest in back-burner - had been saying this for a while... :)

ORT - all assets is a liability until they generate cash for me... Eureka is no different... great asset to have, but not a priority for me... BP and BP only... $100m+ NPV, do the execution of this properly, you can develop any assets including eureka, blueberry and marange... etc...

ORT - I couldn't care any less... only 1 priority for VAST.. get BP up and running, we can fund the rest of assets through BP, if it is in shareholders interest.. If it is not, then we can waffle various projects, make no progress on anything and do placements on discount to keep few interested in VAST... :) GL

2pence - thanks for the jan news.... with due respect.... my view is different... personally not interested in blueberry at the moment... T2 mercuria - yes, BP work schedule/timeplan and target dates, Bergen - hopefully get rid of them.. Marange - icing on the cake, if it doesn't come - doesn't bother me.. :)

sandcrab - yeppp.... head deeeeep inside the sand... :) where are your mates?

Bear666 - SP will decline... most of the rampers left the building a while ago... conveniently hiding and will come back, when they feel right... :)

Ian67 - SP is reflecting buys vs sells...!! not MM games.. if it is probably the longest MM games I have seen in a share.. GL

ORT - who is accountable for that delay? AP or someone else... say mercuria?

Poor financial planning, for all the placement, headroom we signed up for...??

I think Sandcrab is correct - You cannot pin down AP to 7th... it could be any 07th, is in't sandcrab.. 07th feb, 07th Mar... 2019, may be 2020... god knows.... I prefer my head deep in the sand.... AP is a hero... promised regular update on BP... it is 71 days, it is coming... we are not delayed just a hiccup in bigger scheme things, we will have few more placements to do... or may be busy finding another gem of an institutional investor - Bergen!! :) GL

- where is the regular update?
- where is the update?

Poor show from AP so far, 71 days passed and NOT A SINGLE WORD on BP via RNS...

Andrew Prelea CEO commented:

“The commercial Association Contract has now been executed and the agreed amount of money settled. We will now deploy the start-up team to Baita Plai to commence the implementation of the re-start programme.

“We intend to publish the start-up works programme in order for shareholders to keep track of the re-start schedule over the coming days and provide regular updates over the course of the next six months as we target initial production from Baita Plai in H1 2019.

“This is a momentous day for Vast as we move forward with Baita Plai, alongside our numerous other production, development and appraisal assets in Romania and Zimbabwe, and target mid-tier multi-commodity producer status.”

Merry Christmas everyone... enjoy the season... and good luck for 2019!

Best Regards, Fantasy!

Castaway - Merry Christmas!! :)

Sandy - AP has given everyone shareholder a BIG Christmas gift... smack in the face... Bergen!! 50% down - not bad... it is still hanging in there...

Torchy - top post... some don't like truth to be told... :) shambolic... :)

"ftb.....the alternative was to recognise the problems earlier and get proper financing not going cap in hand to the likes of bergen.......am i the only one here properly alarmed at the way AP has gone about this.........we should not have been ina position where we need the likes of bergen to bail us out........call it risk management, call it contingency planning...call it what you like but its a right mess.......

AP said he had people queuing up to invest if T2 collapses, so none of those queuing were interested in bailing us out short term.......sorry but this just doesnt sound or feel quite right..............

planning is what it says...planning...just waht sort of planning maestros have we got on board if bergen is the result.........

shambolic in my view......."

FTB - I am not disagreeing... why did VAST is in its current state, BP had been coming... knew cash was vital.. how did we get to this, spending precious cash on deals... some don't like calling it.. :) some put the head in sand and some put rose tinted glass... :)

hopefully he can turn it around...