Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Crazy to think we hit .68 a few years back on getting the bp mine, granted we have double the shares in issue since! However add diamonds and the fact bp is actually producing and earning us revenue! If we get the diamonds and this gets managed correctly then this would be such a great entry price for the rewards to follow. GLA
Ant, I’ll be the first to admit that ap has fooled me and I’ve learnt a lot that some people just can’t be honest. However you also were wide of the mark investing at .18 and selling at .12 (rock bottom) time will tell who has been correct here as I feel this is going north very soon. However if you keep putting off every new investor then I’m sure your 60 million shares will do great. Although you have already said £40k loss is nothing to you so maybe this is a little fun to you. Nice position to be in. GL
Ant, you keep going through peoples history and jumping on comments I’ve made! Just ask me and I’ll happily say I’ve been invested in vast for years and averaged down along the way. I also took profits at .64 and also am down over time but your re posts of what I say make no sense. I’m backing vast for the long run. I do t pretend to have 60 million shares and continue bashing that share or anyone who says anything positive on it. Clowns
Pecten, vast was trying to agree a deal in Zimbabwe as a joint venture the first of its kind which the local community would stand to benefit. Obviously there were gonna be massive issues and delays with this. However if you think covid and the unrest in that country also didn’t contribute to these delays. However, if this new finance deal can be agreed then I feel this Zimbabwe deal can get back on track. A new investor was asking for a quick update on this company so I gave him my own opinion. Feel free to give your own.
In simple terms, vast price rose to .6p based on getting the bp license in Romania. A couple of years of placings and bad finance deals have dropped the price over time. A finance deal to get bp producing and to get a deal signed for diamonds in Zimbabwe with the community which was a signature away but covid and other issues have delayed that. In November BP started producing copper for the first time and a tier 1 bank refinance deal was meant to happen at Xmas but no news since. Basically we are waiting on this finance news to push forward with bp and the Zimbabwe deal which will be a game changer in my opinion. Firstly we need to get rid of the atlas finance hanging over us with high interest rates and the price will rise on that alone. However Vast doesn’t do well on delivering anything on time to be honest.
Fair point and you haven’t rubbed me up at all I like a fair point of view. However just remember everyone has to start somewhere and I get your frustration as there’s not a single person who is gonna be up right now. I would also be angry if I just sold at a big loss but when this finally turns and Information starts coming in, which it has to very soon then this will start to move up again. Refinance and bp running at full production with cash coming in every month and money set aside ready for the JV in Zimbabwe and this will be 5/10 times the value. I’m remaining positive regardless of all the negativity, as I’ve seen how fast this can change. Good luck to you
Ant, for someone who claims to still hold 60 million shares. It’s very odd that you are arguing against posts recommending that you shouldn’t panic sell and to hold on fir some news. Very strange indeed. Especially for someone who seems intelligent and knowledgable on previous posts I don’t understand why you’d be so negative towards your own investment.
Fair point I agree it hasn’t been approved yet but surely if it was rejected then the same rns would need to be released to inform the shareholders also. So maybe they’re still deciding on a decision as Covid changes the economy by the day so things aren’t so simple with the risks involved. I’m very positive on getting the finance won’t be listening to negativity flowing through this board.
So much none-sense people acting like they know the finance deal has fallen through and scaring SH’s into selling to get their lower buy in. Positive news will come and this price will be a distant memory. Hold on the good times will come just not when they say. Keep faith.
You don’t own a large amount of shares in a company and drive it this low. There simply has to be news coming regarding the JV in Zimbabwe! They must know something we don’t as none of this makes any sense! New finance deal will be approved and the diamonds will be announced straight after! That’s only my opinion but that’s the only thing that can make sense!
If your invested here then get behind the company, stop being so negative it’s not gonna change anything. I haven’t been happy with how they’ve gone about it either. However I’m still here and I’m backing them to come good! There’s always delays in this type of business especially with everything going on in the world. The company will start earning very very soon and all will be forgotten even the prices rises! Good times ahead just be patient and top up whilst you can these price levels won’t be here long. GLA
Spot on, the JV being signed will be the game changer in my opinion. Which hopefully is still on the cards. New finance and BP in production will be a great jump. The 1p barrier will be tested. Such potential in this company! Great great times ahead! GLA