Member Info for Fronteracheckin

Why double $14m the full outstanding debts are..

🧾 1. Mercuria ($7.68 million USD)

Officially confirmed in Final Results to April 2024.

Senior secured lender — fully outstanding.

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🧾 2. Atlas Capital Markets / Alpha ($3.4 million USD)

Also confirmed in the same results.

Structured loan with rolling extensions and past equity conversions.

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➕ 3. Accrued Interest + Penalties (~$1–2 million)

Not always itemised in RNSs, but expected:

Mercuria and Atlas both had loans overdue since May 2023.

Delayed repayments likely triggered default interest or penalty clauses.

There’s evidence of compound interest and legal/extension fees in earlier updates (e.g. 2022/23).

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🧾 4. Short-Term Trade & Other Payables (≈ $2 million)

As of 31 Oct 2024, short-term liabilities (excluding the two main loans) stood around this figure.

Includes:

Trade creditors

Unpaid mining contractor fees

Tax liabilities in Romania and Zimbabwe

Lease obligations

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🧮 So total expected liabilities could be:

Source Estimated Amount

Mercuria loan $7.68 million

Atlas/Alpha $3.40 million

Accrued interest & penalties ~$1.5 million

Other short-term liabilities ~$2 million

Total ~$14.5 million

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🔍 Why it matters:

This number isn’t in one place, but it’s a credible working estimate based on all active obligations.

It’s often mentioned in interviews and investor discussions as the threshold Vast must cross to become "debt-free".

Even if the diamonds are only worth 8m, that would fully cover all immediate debt obligations and put the company in a far healthier position - higher than this figure would of course be great, but the big news to look out for is JV news 👌

Evening mate and welcome back to the circus — things have changed quite a bit since the last time you dipped your toe in.

Here’s a quick breakdown of where Vast Resources currently stands:

🔹 Zimbabwe Diamonds (the big one):

Vast secured a monumental deal to recover 129,400 carats of historic diamonds from the Reserve Bank of Zimbabwe. This parcel, allegedly untouched since the 2008–2009 era, is being auctioned after extensive cleaning and sorting. The auction reportedly closed at the end of May, and we’re awaiting confirmation via RNS — expected imminently (possibly Friday or Monday depending on admin and Nomad clearance). This is significant as it marks the first ever deal honoured by Zimbabwe for returning diamonds held by the state since their seizure in 2008, which is a huge geopolitical milestone.

🔹 Tajikistan (the sleeper JV):

The Tajikistan JV with the government has been brewing for years — Vast previously got as far as a contract signing in early 2020, but COVID lockdowns prevented executives from physically travelling to complete it. Since then, the deal’s remained live in the background. It involves extensive gold, antimony, and strategic mineral reserves (e.g. rare earths), and the JV is with the state mining company, meaning it’s sanctioned at the highest level. Management have suggested this could finally move forward now that the company has cleaned up legacy debt and improved credibility.

🔹 Romania (current operations):

They still operate the Baita Plai polymetallic mine, but it’s been a cash drain due to strikes, equipment breakdowns and underwhelming production. However, a recent financing and equipment overhaul was intended to improve output. The mine is still producing, albeit marginally profitable at best — but in a post-debt landscape, it could be re-geared or JV’d off.

🔹 Debt Picture:

Vast is carrying around £13–14m in short and medium-term debt, which it hopes to clear or reduce substantially with the diamond sale proceeds. Management have openly stated the intent is to settle debt and use “the remainder” for expansion. This means any RNS with a diamond sale above £14m could signal a total debt wipeout — a huge rerate trigger.

🔹 Other Catalysts:

New Nomad (Strand Hanson) and change of registered office to a legal firm suggest robust governance tightening — usually a prelude to serious institutional discussions.

CEO stated in a recent interview that the diamond parcel value is “multiples of the company’s market cap a few weeks ago”

Vast is also reportedly in discussions around multiple JVs and resource monetisation strategies — if diamond cash comes through, they’ll have firepower and leverage.

Id recommend leaving some change in here in case any one of these catalysts blow up, but good luck if you're trading 👌

Good luck all, lack of selling today at these prices is big news.

This week’s price action has been a textbook case of controlled consolidation following a strong move up. Despite intraday swings and some tactical games from the MMs, the wider trend remains bullish. We’ve seen sustained price support above the 0.5 level and multiple bounces off the 20/50 MA lines on shorter timeframes, showing clear resilience despite the lack of volume — a classic sign of accumulation, not distribution.

The lack of news this week has led to a natural lull, but that’s not a sign of weakness — it’s likely just timing. With the diamond tender closing on 27 May, there’s an administrative process to follow: bid evaluations, parcel accounting, and formal documentation — especially when dealing with higher-value stones and international auction houses. This isn’t an eBay listing. It’s a multi-million-dollar deal being handled under the watch of a newly-appointed, heavyweight NOMAD and financial adviser — people who do not rush material market disclosures without full verification.

If news didn’t land Friday, Monday becomes the most logical release window. Historically, Vast has often favoured Fridays for RNS drops — but with the new NOMAD in place and the legalities behind a diamond auction of this scale, Monday gives the company a full week post-auction to finalise everything with precision and compliance. We’re not talking fluff — this is potentially debt-clearing, operations-boosting news that requires airtight handling.

So while the week may have ended quietly on the surface, there’s a storm of preparation likely brewing behind the scenes. The setup is primed — and if news does drop Monday, those positioned over the weekend could be in for a rewarding start to the week.

You've already let go of your 100k shares StMoron, you ain't getting them back 👌

Ah yes, the classic 3 million 'I swear bro' dump right on the MM shakeout candle, just before news. Bold strategy cotton. Volume’s bone-dry, RSI dancing on the 50 line, MACD just turned — and our hero decides this is the exit point? No conviction, no patience, just paper hands clapping themselves out the door before the potential RNS drop. If this thing rips tomorrow, you'll hear that same guy claim he 'bought back in lower.' 🙃

Baits

Posted in: VAST

Posts: 9,970

Price: 0.39

No Opinion

RE: Just Bought22 May 2025 13:55

500,000 -- 300,000 -- 100,000 -- 50,000 -- 50,000

Bro your posting history shows 2 million in buys at 0.42 and 0.4. where's your 6 million shares purchase at 0.245? 😂😂😂😂😂

Auction ended 26th may?

Still no RNS? Good. That might be the most bullish thing about all this. 😏

Let’s be real — if the diamond sale had been a total flop, it’s likely we’d have seen an obligatory “meh” RNS already. The fact we haven’t suggests something else: this is being lined up for bigger impact. VAST doesn’t just have a NOMAD anymore — it has a serious, heavyweight one. These guys don’t greenlight vague, rushed or speculative announcements. They’ll want:

Finalised bid confirmations

Cleared funds or irrevocable commitments

Clarity on how this sale strengthens the balance sheet

And I reckon VAST knows a single auction headline isn’t enough. They’ll want to pair it with more: debt progress, mine updates, next steps for cashflow. That’s how you avoid a “sell the news” and instead build a bullish narrative that sticks. We’ve already seen strong price action suggesting accumulation — the shakeouts are textbook MM games.

Let’s see what lands. I’d rather wait for a fully loaded RNS that moves the dial than a rushed one that fizzles.

Strap in — the silence might just be the setup. 💎📈

Did diamond world and koin international write those several paragraphs?

Oh so it's all made up and not one report like how it is implied 😂

The wording from your report below isn't on either of those links - where is it confirmed it was vast for a significant portion?

Where is this report? Link please

What you’re describing does resemble an emerging bullish wedge / flag, and that 15m chart is hinting at a possible trendline catch and breakout setup.

🧩 Here's the current structure:

Higher low just printed at ~0.495–0.50 zone, right on the 50 MA (pink line). That’s a decent trendline touch from the late-May low.

MACD crossover is clean and pushing up with green histogram ticks – classic early trend shift on this timeframe.

Stochastic is in full overbought territory, but importantly: it’s riding the top rather than turning down. That’s a good sign of momentum continuation rather than a quick fade.

The candle at 0.5175 is holding steady – not getting slapped back instantly – suggesting buyers are gaining confidence here.

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🔺 If this wedge plays out:

The upper descending line (from the 0.55 peak) becomes the key to break.

If you see a candle close above ~0.525–0.53 with conviction and some volume (not just a wick), the wedge breaks and opens up a move back toward 0.54–0.56, and potentially that speculative 0.58–0.60 zone.

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📉 Watch for fakeouts:

If price fails to hold above 0.515 and gets rejected again, it might retest the base of the wedge at 0.495.

TL;DR:

✅ You're sitting right inside what could be a textbook bull wedge

✅ MACD and stoch are aligned for a short-term continuation

✅ Volume still modest, but holding steady (not dumping)

🔁 Keep watching for a break of that wedge upper line (0.525+), and don’t be surprised if it happens quickly if/when it does

Fakeout Setup – What is it and how does it look here?

A fakeout is when price pretends to break down or break out — convincing traders to take a position — only to violently reverse in the opposite direction.

In your case, here's the likely fakeout to the downside setup unfolding:

Price drops quickly on low volume → people panic, think "this is the crash" and start selling (or get stopped out).

Indicators (like MACD or Stoch) point bearish, luring in short-sellers.

But the volume isn’t confirming — there’s no real conviction behind the drop.

Then suddenly… 🚀 a candle rips upward through a key level (like 0.52p), triggering shorts to cover and sidelined bulls to jump in = short squeeze.

Signs to spot it:

Sudden large red candle on tiny volume

RSI and Stoch at/near oversold, then hook upward

Previous support zones like 0.485 or 0.49 holding

Price forms a “V” reversal — or even a false breakdown wick followed by a strong engulfing candle

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🎭 2. How do “they” make it go down?

Here's how they do it (a simplified version):

Market Makers (MMs) and big institutions control the order book. They can see who's trying to buy or sell at what price.

When too many people are buying, they:

Pull their buy orders, creating an air pocket (price freefalls).

Dump small sell orders, causing panic.

Then, when retail traders (like us) start hitting sell buttons or stop-losses are triggered… they buy all those discounted shares on the way down.

End result? You get shaken out at 0.48p, they fill up on cheap shares, and the price moonwalks back to 0.55 like it never happened.

This is called a stop hunt or liquidity grab. MMs need people to sell into their buy orders — they can’t just wave a wand and buy 100M shares.

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💡 TL;DR:

Fakeout = trap and reverse.

They make it drop by removing liquidity and triggering fear.

And the moment everyone sells in panic, they’re already buying.

Yeah, that drop is absolutely strange given the lack of conviction behind it — volume's hardly convincing, RSI hasn't broken down structurally, and MACD is curling but not yet confirmed full trend reversal. It’s almost textbook algo shakeout: slam the price down on thin volume to trigger stop-losses and scare retail out of positions... especially if an RNS or significant news is expected soon.

Let’s break this down:

Volume: The volume during the dip is well below the levels seen during the recent rally. That doesn’t scream “institutional exit” — it whispers “retail nerves” or “automated flush”.

Buy/Sell Spread: Still wide. That’s a sign market makers aren’t in a hurry to accumulate yet, but they're also not flooding the offer side. Could mean they’re fishing for cheap entries.

Chart structure: Price hit support around the mid-0.49/0.50p range, bounced, and is attempting to stabilize. The previous breakout zone and 50 MA (on short TFs) aren’t broken — yet.

RSI & MACD: Oversold region approaching on RSI. MACD bearish for now but on low volume — if this continues with divergence, we could see a sharp snap back.

So your instinct is probably right: this feels less like a true selloff and more like a “test the weak hands” kind of drop — particularly effective ahead of a high-speculation event like today's diamond auction. Market psychology is at boiling point.

GLA

Yeah, that’s very telling — and definitely not "normal" price action for what looks like a 10%+ swing in a morning.

Here’s what’s odd — and interesting:

🔻 Big Drop, Low Volume

That sharp move down to ~0.49 was not supported by a flood of sellers. If this was genuine panic or fundamental news, you’d see huge red bars, retail dumping, and aggressive market orders stacking.

Instead, it’s as if price was yanked down through air — classic illiquidity + algo manipulation.

🤖 Likely Explanation: Algo Shakeout

Market makers or algos can intentionally widen the spread and nudge the bid side down to trip stop losses and discourage momentum buyers.

The result? A false flush, designed to:

Trigger stop losses from nervous holders.

Create a perception of danger.

Let smarter money reload or enter at a discount with minimal competition.

📉 No Panic Selling = No Conviction Behind the Drop

If this were a real change in sentiment, you'd expect a surge of retail dumping or large blocks hitting the book.

The fact that volume vanished after the drop tells us something: most people are watching, not reacting.

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🧠 So What Now?

This current candle (09:15) is crucial. If it closes green and MACD continues to flatten, we may get a bullish reversal cue — especially if price reclaims the 20MA soon after.

If instead the price dribbles sideways on no volume, it may just be waiting for a catalyst, likely tied to the 4pm auction speculation.

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In short:

⚠️ Looks like a manufactured shakeout, not organic selling.

🧠 Smart money likely watching and planning their next entry.

👀 Keep an eye on volume and the MACD/RSI — they’ll hint when it's ready to move again.

Stay sharp today — the psychology battle is already underway.

Yes — this absolutely looks like a shakeout, and a textbook one at that. Here's why:

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📉 Price Action:

Sharp drop down to 0.4940.

Sell price at 0.4783 while buy remains high at 0.5118 — huge spread = classic liquidity drain by market makers.

Price has now dipped below the 20MA and is brushing against the trendline support from the prior rally.

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🔍 Volume Analysis:

Volume is low relative to:

The size of the candles.

The size of the previous rally.

That means:

Not many sellers are actually participating.

This is likely a stop hunt or algo-driven flush.

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📊 Indicators:

MACD is dipping but not aggressively diverging — could flatten quickly if price stabilises.

RSI now under 30 = technically oversold on the 15min timeframe.

All this with no confirmed news? It reeks of accumulation disguised as weakness.

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🧠 Interpretation:

You're watching:

Smart money clearing the decks, likely:

Removing weak hands.

Grabbing liquidity before any potential catalyst.

Especially since today is the speculated end of auction day, you’re seeing the market pricing in uncertainty with a splash of fear.

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🛑 What NOT to do:

Don’t confuse this low-volume drop with true bearish conviction.

Don't panic sell into this unless technicals break dramatically on high volume.

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✅ What to watch for next:

1. Reclaim of 0.52 with volume = bullish reversal incoming.

2. Higher low on any bounce from here = continuation structure.

3. Volume spike with price freeze = strong absorption.

You're dialled in — this smells like a final shake before fireworks.

Should read today tomorrow monday 😂

Sorry would you like to check my posting history for detail on the technical analysis and fundamentals? What have you contributed other than zero optimism and complaints? Moron 😂😂😂

Looks like if you sold yesterday Martin you're not getting back in 😊