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Investing - hope you are well.. can you please replace "revenue" to placement. Sounds perfect :)
"Yea interview is fantastic. Multiple revenue/profit strfeams across multiple metals across multiple projects... With diamonds very much on for Q4"
05-May-2021; 21.3b shares consolidated to 213m shares.. in over 2 years, diluted to 4.34b shares.. 20x more dilution. People who are claiming no more placements, your BS master knows exactly what he is doing.. great lifestyle? :)
https://www.investegate.co.uk/announcement/rns/vast-resources--vast/result-of-general-meeting-capital-reorganisati-/6248807
Application has been made for the 213,004,895 new ordinary shares (‘New Ordinary Shares’) to be admitted to trading on AIM (‘Admission’). It is expected that Admission will become effective and dealing will commence in respect of the New Ordinary Shares on 6 May 2021. The ISIN Code for the New Ordinary Shares will be GB00BMD68046.
Wow what a news…
By the way, what vast intends to do? Help increase the production, when they have failed themselves in their own BP mine?
What is the cost of all this? I guess FREE?
When is the next placement? VERY SOON?
Great news indeed.. GL
Lol... AP and BOD will only be disappointed how this year has panned out? Some of the long term investors will be very disappointed how the last 5-6 years had panned out. AP decimated vast. From 55p to 0.2p.. Great work. Vast won't go bust? Who am I to challenge you - we shall see.. GL
"Vast won't go bust imo.
AP and board will be bitterly disappointed how this year has panned out given the start they got in January and February.. debt is still the Anchor weighing around their necks, but... given that first exports made at tajik and ramp ups of production at Baita, first profits could and should arrive late this year or early next.. When's the debt rollover until again..? End of November..? that's about right..
Placing churn still happening and now beginning to sell below placing price to shift the confetti on..
Just trade the guts out of it, build your holding and wait for 🚀🚀🚀"
Equanimity - I agree. Part of the issue was HAA with his previous failures and market will not believe his words until the finance package is signed and money in the account. Thats how much he led everyone to garden path in the past.
Anyway we are in a different place now and are in the final stages. I am not concerned for now about the share price and as you said will take care of itself.
GL
Simple - i agree with your simple analogy.. :)
what value you are talking about? vast had been unable service the debt.. all the share price movement is more like a pump and a dump..
hope your gamble with vast pays off.. GL
Lol.. investinggenius - do you think he has deferred or took some in advance? :)
AP should be paying vast money back for all the damage he has done? instead of taking a salary?
- vast was a producer before AP took over
- vast become a explorer after AP took over
- share price was 55p when AP took over
- Current share price 0.2p
How much AP took as salary in those 5 years? and what did he contribute? He did more damage than contribute/help?
Similarity of share price correct - but how many times you have been diluted since the diamond saga? previous 0.16p all time low was at £2m MC.. similar sp now would be less than 0.1p and toward 0.07p :)
"Couldn't care less about the diamonds and if anybody cared to bother doing their research they may notice a similarity of share price now as prior to the diamonds news hitting the headlines so they served their purpose."
Castle - good to hear you are doing well.. no, not too hot here in the UK.. :)
not looking to buy in vast.. no reason to waste my money :) IF diamond comes it might save vast for a little longer or delay the inevitable. But vast will eventually fold if AP continues to be at the helm?
99% reduction in share price.. more BS.. Good luck and hope it works out for you
GL
Mrplumper - after being in kefi for several years, I don't think we have been in a better position. I have significantly higher average. I would be a happy buyer at 0.7p - we have the last regulatory approval completed. We need HAA to close the deal and bank the package. We should be atleast £100m MC. If the MC valuation doesn't match after funding - then it is time to re-evaluate your investment.
I was one of the critical ones of HAA's progress and BS communication in the past. It appears that we are in the last leg. We need the finance package closed and funds in the account. If the TK finance package is sorted, SA is even bigger - current share price doesn't reflect the assets we have, but totally understandable after all the delays we have had. At last I can see some momentum on KEFI, TK funding.. followed by more in 2024 in SA.
GL
Not sure who your fantasy is reg.. :) 2 months window? what for? AP and his useless BOD had 5 years to turn around this mine.. 2 months window to extend debt by 2 months? funny..
"My Fantasy.....two month window.....Reg"
Plenty of cake here left to eat... castle - your master had been eating it for the last 5 years... nothing much left on the plate.. :) what is you see on the plate is an illusion of cake... in reality, it is BS..
you may get lucky one day with the diamonds.. hope it works out for you.. GL
Manu - dynamics and the facts are changing fast... I agree with you on HAA.. when facts changes, we need to change our position as well.. if we have an open mind to risk there is opportunity in KEFI.. Thanks for your views.. appreciate that..