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The other big problem IF any good news lands is that this will get traded to death all the way up. People will have brought in down here on a whim and will sell as it rises. It will be a long fustrating clim back up IF we ever get any good news.

It's been such a long time since VAST released an RNS with any actual signed off good news in it. I think the BP liscence was the last actual piece of signed off good news which was contained in an RNS. I can't think of anything else. It's all raise after raise with the sell off of PP in there too. Just give us some good news for once AP!

I was paying £5k for 800k shares a few months ago :'( How times change! Can now get that for a few hundred £££... More fool me!

It's been a **** poor year for VAST. I'm going to repost my post from the other day which says it all really. We are being taken for a ride but have no idea where the cash is being spent and on what (wow, we have a new cable in BP). Millions have been raised this year and we've had to bear the brunt of it. Sorry to rant but I like most, am justifiably fed up. When news lands it will be a case of break even and out for most here I suspect.

1st Jan - total shares in circulation = 5,791,746,392

8th Jan - 13,754 new shares issues (warrants) - 5,864,760,146 in circulation.
16th Jan - RNS for share correction - 5,859,760,146 in circulation.
18th Jan - 164,469,356 new shares issues (Bergen conversion) - 6,024,229,502 in circulation
4th Feb - 255,604,120 new shares issues (Bergen conversion) - 6,279,833,622 in circulation.
13th Feb - 663,703,703 new shares issued (Bergen pay off) - 6,943,537,325 in circulation.
4th March - 557,189,542 new shares issued (for operations) - 7,500,726,867 in circulation.
12th April - 444,444,444 new shares issued (for operations) - 7,945,171,311 in circulation.
30th May - 775,862,068 new shares issued (for operations) - 8,721,033,379 in circulation.
21st June - 1,221 new shares issued (warrants) - 8,721,034,600 in circulation.
7th Aug - 244 new shares issued (warrants) - 8,721,034,844 in circulation.
8th Aug - 595,454,545 new shares issued (for operations) - 9,316,489,389 in circulation.

Total shares in issue today = 9,316,489,389.

In 2019 - 5,791,746,392 to 9,316,489,389 = a rise of 3,524,742,997 shares or 38% or so. In less than 8 months.

1st Jan - total shares in circulation = 5,791,746,392

8th Jan - 13,754 new shares issues (warrants) - 5,864,760,146 in circulation.
16th Jan - RNS for share correction - 5,859,760,146 in circulation.
18th Jan - 164,469,356 new shares issues (Bergen conversion) - 6,024,229,502 in circulation
4th Feb - 255,604,120 new shares issues (Bergen conversion) - 6,279,833,622 in circulation.
13th Feb - 663,703,703 new shares issued (Bergen pay off) - 6,943,537,325 in circulation.
4th March - 557,189,542 new shares issued (for operations) - 7,500,726,867 in circulation.
12th April - 444,444,444 new shares issued (for operations) - 7,945,171,311 in circulation.
30th May - 775,862,068 new shares issued (for operations) - 8,721,033,379 in circulation.
21st June - 1,221 new shares issued (warrants) - 8,721,034,600 in circulation.
7th Aug - 244 new shares issued (warrants) - 8,721,034,844 in circulation.
8th Aug - 595,454,545 new shares issued (for operations) - 9,316,489,389 in circulation.

Total shares in issue today = 9,316,489,389.

In 2019 - 5,791,746,392 to 9,316,489,389 = a rise of 3,524,742,997 shares or 38% or so. In less than 8 months.

Thought I'd sit down and write this all out to put it into one place. Hopefully some of you will find this useful. I will sit down and work out how much headroom is left at some point too.

Anything! Any good news. Can't even think of the last piece of good news VAST had. Nothing signed or sealed all year apart from the sale of Pickstone. Since the delivery of the BP license there has been nothing signed off or delivered. Harsh but true. No income now either. It's been a long depressing year so far!

All we can do now is hope that Vast get the funding, BP up and running and we get the independent valuations of all the assets. Each should give a small boost to the SP. I'm tempted to average down while the price is so low. Can't see this getting near 0.6 or so for a while. Let's hope I'm wrong! Either that or go very long. Forget about it and come back in a few years...

Not forgetting the rest of the headroom and the 500m or so warrants (which expire in Dec). At least a nice 10bn makes the market cap / share price easy to work out.

Just Google Zimbabwe news. Nothing good coming out of that country at the moment. Sounds like a right mess. I'm focused on the Romanian assets. Diamonds are just a bonus should they turn up (and not get taken away this time).

Good price point for a quick punt. Should bag easily on funding news if it arrives. Still a risky play. IMO of course. If only I weren't so far in the red already I'd be tempted.

VAST waiting on authorities to grant the license to mine diamonds. In daily contact with authorities. Remind anyone of a similar licence? Lol. Lets hope this one doesn't take 3 years!

Balls. Looks like everyone was right. 8.7bn shares in issue now

All very doom and gloom on here today. The SP has only dropped 0.03 in two days. Hardly life changing. Volume on Tuesday was only 70m traded (0.88% of the total shares in issue) and today was only around the 59m traded mark (0.74% of the total shares in issue). Just MM's playing games on the crooked AIM market.

For what it's worth I too am disappointed with the current SP. It's been a terrible 2019 so far. Posting on an online BB is hardly going to change anything though. Spreading rumors based on nothing doesn't help. How does anyone know Vast are low on cash? Has it been RNS'd? No. Are Mercuria looking to buy us? Has it been RNS'd? No. Quit the bull-shit. If you don't like it, sell. No one is forcing you to hold (if you even hold at all). We the shareholders gave the BOD the headroom to issue shares for ongoing projects. We can hardly complain if they then issue the shares.

This has always been a long term hold. It's a mining company ffs. It will always take an age. If you don't like the risk, get out while you can. If you do like the risk, the rewards here may be huge. This SP represents a great buying opportunity. If you want safe, get on the FTSE 100.

Thanks for the summary. Sounds like the same that was said at the last one though :( I guess until we see it in an RNS it's all just speculation. Did AP mention the current finance situation? Likely to be a placing anytime soon? Can't imagine there's much left in the coffers now.

A 0.6p SP will be a market cap of around 60m by the time all the headroom has been used. We may be waiting a while to get there. I hope I'm wrong. Personally, I see a spike to around 0.45 on funding news, a massive sell off of fed up investors and then a long climb back up once BP and the diamonds are in production. It's a long play this one.

Volume still low so don't expect any big movements anytime soon. Only 263m shares traded (less than 4% of the total in issue). Last time we had good news the BoD issued new shares the very next day so hopefully this won't happen again. On the plus side, it's now been 6 days in a row of a blue or level finish.

The only way to live with Vast is to accept that the BOD will probably use up all of their headroom. Couple that with the 500m warrants outstanding and by the end of 2019, there will be 10bn shares in issue. 4.9bn more than when AP took over at the start of 2018. A near 100% dilution. The 2bn isn't guaranteed to be used, but as soon as we the shareholders gave the board the option, it's up to them now. We have no control. Not forgetting, the cornerstone investor will also want his / her slice of the pie.

People now looking at a SP of 0.6 per share when the financing is sorted may want to think again. When the SP was at 0.6 last year, Vast had a market cap of around 30-34M if I remember correctly. A 30m market cap now will only be a SP around the 0.3 mark. We are also not producing either and won't be until after the summer, possibly into late summer. Sentiment is also at an all time low which doesn't help.

I need over 300% to break even here and have no given up hope of getting anywhere this in the next 12 months. It has been a terrible 6 months since the BP license arrived. Mostly down to Mercuria dropping out and the terrible choices made after they did.

On the positive side, this week has seen moves to finally get rid of SSGI and all the associated debt. This will make things look far more attractive for a potential investor looking at a long term gain. It will also allow the BOD to arrange much better finance / loans etc. Diamonds and BP should be up and running by late autumn (hopefully). The BOD appear to be making the right choices at last and not committing to timelines out of their control.

Roll on the next few months when we should finally see some good news coming Vasts way.

I do wonder when the BOD will use the headroom they have. After the 2bn and the 500m in outstanding warrants Vast will have 10bn shares in issue.

Good to see newsflow on the positive side of things after the past few months of bad news after bad news. Nothing signed off yet and I still have lots of questions but like where this is heading.

A lot of information in there. Looks like what everyone thought to be happening is true. A good move IMO. Just need to wait two more weeks to get the GM out of the way.

$50m even!