The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Looks to me everything is going to get shafted in the next few weeks if interest rates rise !!!
Cash is King …..
Vetta, I just read your post saying that you have nearly 15 million shares, wow.
Quite a few years ago I had about £50k invested in Leni oil and gas, David Lenigas and Neil Ritson
They were expecting 60 barrels of oil per day but when drilled they got 240 bopd.
The share price went crazy, point is the amount of money you make screws your head.
I hope you have a rock solid friend at your side, as you will need somehow to get your head round it, if this goes bananas!!!
Not only that but the tax, if you loose what you made next year and haven’t saved what you make this year for her majesty’s revenue and customs it’s prison if you can’t pay.
Good luck Pal
Jeremy doesn’t want anything in his back yard.
Short sighted.
If you’re the slightest bit interested there are some interesting codes to check out on Stockcharts.
Money supply chart. $$M1 gives you the M1 Money supply select weekly chart. Boom
Looks like they quadrupled the money supply.
$libor3 Interest rates
$USB and $TNX bond prices
Lots of people poo poo charts but really folks should study them as they do provide information
Stock charts is good
https://stockcharts.com/h-sc/ui
Just enter VAST.L on the top left, delete $indu
Loads of free features, price labels, log scale, candle sticks, MacD, RSI Etc
Shares often double top, sometimes the opposite.
0.21 was the bottom
Never fall in love with a share !
Ahh No worries ;-))
Fantasy, have you got access to an hourly chart ?
Optimistic
0.5p is coming imo, if atlas continues to offload… GL
Think it might be a little lower !
Hey Fantasy, thought you’d done a bunk ! LOL
My cheeky Buy order is under .5
Perceptions perceptions perceptions
Shouldn’t think too many folks are profit here.
60% south of here !!!!
24 May 2022
Vast Resources plc(“Vast” or the “Company”)
Update regarding Atlas Special Opportunities LLC
Vast Resources plc, the AIM-listed producing mining company, announces, that further to the announcements made on 16 & 18 May 2022 regarding the issued conversion notice by Atlas Special Opportunties LLC (“Atlas”) of USD 800,000, that notwithstanding the full repayment of the Bond being made by the Company on 16th May 2022, the Company after seeking legal advice has executed a Deed of Settlement (‘Settlement Agreement’) with Atlas Special Opportunties LLC.
As part of the Settlement Agreement the Company can confirm that it will satisfy the exercise of the Conversion Rights through the issue of 241,799,020 ordinary shares of 0.1 pence each in the Company (‘Ordinary Shares’) at a price of 0.27 pence per Ordinary Share, subject to the following substantive conditions being met by Atlas:
Atlas irrevocably agrees that they will not deliver any further Conversion Notices, or seek any further conversion of Bonds to shares of the Company.Atlas shall immediately repay USD 800,000 to Vast to cover the overpayment in lieu of the USD 800,000 conversion notice.Atlas shall release all securities in relation to the Bond Issuance Deed and confirm release of all obligations owed by the Company in relation to the intercreditor and Standstill Deed dated 29 January 2020.Atlas agrees in respect of the targeted General Meeting on 10 June 2022, that they shall appoint Brian Moritz, Chairman of Vast Resources PLC, as their proxy or corporate representative with repect to all shares held by them to vote at the Chairman’s discretion in respect of any vote to be held at the General Meeting.Atlas agrees to release all and any shares belonging to Andrew Prelea, Roy Tucker, Brian Moritz, Paul Fletcher and Craig Harvey (or procure the release from the Security Trustee where applicable), and provide all relevant confirmation of such release, which are currently held subject to the Escrow Agreement dated 29 January 2020 between Vast Resources PLC, Atlas Special Opportunities LLC, and Roy Tucker, Andrew Prelea, Brian Moritz, Paul Fletcher and Craig Harvey, announced on 31 January 2020; and the Escrow Agreement dated 28 January 2022 between Vast Resources PLC, Atlas Special Opportunities LLC, and Andrew Prelea, announced 31 January 2022.
Application will be made to the London Stock Exchange for 241,799,020 new Ordinary Shares to be admitted to trading on the AIM Market with admission expected to occur when the Company has received USD 800,000 from Atlas Special Opportunites LLC that was part of the full repayment made by the Company (‘Admission’).
Interesting that we opened below the 50dma and gapped down.
Confirms my theory.
Thursday or is it Friday
When are they due to hit the market ?
Looking for a top up area, south of here !
He’s the local postman, he said so on twitter !
$Brent made a high of $147.50 on 1st July 2008.
Possibly make a double top in the coming weeks.
BWTFDIK
Wouldn’t surprise me if this is trading again before Christmas.