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Are you ****ing kidding me? ANOTHER 3 BILLION SHARES! **** me this company is getting worse and worse. What a thoroughly ******ed bunch of selfish pricks we have at the help. Absolutely shocking behaviour.

Now we know yet again the purpose of the ****y interviews this week. More BS to try and push the SP up ready for this.

Crooks

Vast are selling copper concentrate, not copper.

The post below proves that you have to do you own research!

From the Vox podcast AP stated that they had started a Zinc float, nothing else yet. Will probably need more equipment in the new year to get hold, silver, moly etc up and running.

Agreed. His salary is a joke. His performance has been a joke. The share price is a joke. Under 'Always Placings' leadership VAST has turned into a right dog of a share. Right up there with PREM etc now. All the time he's been creaming a massive salary and protecting he and his mates 20% share of BP while we, the people who actually own the company, get screwed over time and time again. Conman.

The fact that the JORC is being done in house means there won't be much of a SP lift if any. If we had a decent BoD in place it might result in a different outcome but they have ruined their reputation. No one believes a word they say anymore. Would love to be proven wrong but I'm not holding my breath.

Now we all know the real reason for the half baked RNS's of the past couple of weeks. A poor attempt at getting the SP up for yet another raise. ANOTHER! Time and time again we see these pointless RNS's being pumped out with no real news on in a poor effort to raise the SP up.

How can this BoD be bad at managing the finances? Do they live at home on their credit cards?

A complete bunch of crooks.

The last thing I want to see today is another Proactive Investors interview with that smug looking idiots face on spewing the same old lies he has for the past (almost) 3 years. He should just keep his trap shut from now on. Crook.

The whole situation for this BoD / company is embarrassing.

Is the Atlas conversion at .24 still in play? I remember if the SP went above.24 then Atlas would convert their first tranche. The SP never made it above .24 for months because of this. I know Vast recently paid off a bond issue to Atlas but can't remember how it affects the .24 / first tranche. Anyone know? I don't have time to dissect the overly complicated t&C's.

Read his post history. Nothing but unsubstantiated ramping.

Or, like all mining operations these days, they run 24/7? It's an operational mine, they don't run it 9 to 5 Mon to Fri. Jees.

I've listened to lots of AP podcasts and interviews over the years but this one was probably the worst. Always stuttering and bumbling his way through. Muddling through his poorly worded sentences from one excuse to the next for the placing. Still can't even rule out another placing. If I had a pound for every time he said 'umm' in that interview I'd have made more money than I've ever made out of holding Vast shares. A shambles. I honestly hope that AP and the BoD never do another podcast and just stick to releasing RNS updates that they can be held accountable for. No more podcasts where we can be lied to over and over again. Time for change IMO. I've been diluted into oblivion under AP's 'leadership' like many others. I refuse to buy more and increase my risk just because a bunch of overpaid directors don't know how to manage a budget or look more than one month ahead of where they are.

Does this BoD even know how to run a budget? Do you think they all live on their credit cards at home after burning through their wages in three days? Strike me as a bunch of complete amateurs who know that they can get away with it because they have free reign to issue shares constantly. The second we all read that RNS on Monday with the delay, we all knew another placing was on the way. That is why there was a massive sell off. We've seen it all time and time again.

The real kick in the teeth, there will be another placing at the end of the month to pay off the Atlas interest. Embarrassing.

No doubt Sandy / Castaway / etc will be back on here spouting their usual tripe post placing as usual.

I can't see the BoD pushing for any massive SP rises until new finance is arranged. They will keep what they can to themselves (it is AIM after all). If it goes above .24, Atlas convert. Simple as. Then (IMO) we find out that the raise to pay off the first Atlas tranche (see RNS on 22nd June) has all been spent and that the BoD have to do another raise to either pay Atlas off or suffer the full conversion. A mine costs a fortune to run and there has been no income from any sales so far (not that has been RNS'd at least). Circa 900k was raised back on the 18th May. The way this company burns cash, that will be long gone by now. They will be well into the cash set aside for the Atlas pay off by now. Wouldn't surprise many LTH's lets be honest.

I imagine that the finance depends on a JORC and who knows how long until we see that. Who would lend millions of dollars for an asset backed finance deal if there is no proof that that particular asset is worth anything. The JORC will prove BP's worth and this in turn will be used for the asset backed finance.

In for a long wait here but when you've been here for year after year of failed promises, what's another few months. Good opportunity to pick up a few cheap ones if you have any spare cash.

I wonder if Vast are actually processing any of the ore yet. All very well and good digging it out of the ground but we need conformation that processing of the ore is actually taking place. I see nothing on twitter or any RNS to state that full production is now taking place. Another timeline missed? The hydro cyclones and ceramic filters were on site over three weeks ago. Quoted as 'plug and play' by AP. Only 10 more working days this month. Doubt there will be any concentrate sales by the end of the month without it up and running. Well, nothing significant. Every day that passes eats into the cash reserves. Hope I'm wrong but knowing Vast and its BoD, probably not. All these drill results are great but I fear the BoD are using it to cover up the lack of production. At least the SP is staying below .24 which keeps Atlas from converting.

Doubt this will go above .24 without new finance. If it does go above .24, Atlas will convert. Why wouldn't they? Vast did do a raise to pay off the first lump sum back on 22nd June (well that's what it was claimed to be for by AP) if Atlas did choose to convert. Just depends on how much of that raise is actually left. The BoD have a very good history of saying a raise is for one thing and spending it somewhere else. Let's not get Fantasy started on the Manailla trucks again! (even if it is a valid point - AP straight up lied to us about that raise).

I'd like to know though how it gets kept below .24 all the time. Eveytime it gets close the SP gets dropped on the smallest of sells after. It stinks SP of manipulation.

I get it and still hold alot here but having been here for so long you start to notice trends with the BoD and raises.

Take that quote from the Proactive investors interview on the 18th May. AP states the according to AIM regulations they have to release all the data they have which isn't public knowledge before they can carry out a raise. Makes sense.

RNS on 24th July states 'The Company can also confirm it is now in receipt of the first batch of underground drill hole assays from ALS and the results are equally encouraging. Further batches of data are expected over the coming weeks. The Company will have a complete set of Assay results ready for publication in August 2020'

The data released today isn't the full set of results. To quote the RNS 'To date, 692 metres of core representing 20 drill holes has been completed. Assays from the initial 15 drillholes totalling 253.8 metres of submitted sample length have been received from the ALS laboratories located at Rosia Montana, Romania.'

So they had these drilling results over two weeks ago but only release them now? I do wonder why that could be... Hopefully just to let everyone know about the good grades? We all kind of knew that anyway. For once AP and co, please prove me wrong!

It's the complete lack of trust in the BoD. Raise after raise after raise. Finance is the key here.

It's the fact that the last lot of results on the 12th May were followed by a placing on the 18th May. Vast have a proven track record of releasing news to raise the SP followed by a placing. AP even said it himself last time that they had to release a 'cleansing RNS' before they could do that raise. I.E. releasing all the drilling data they had before they could raise yet again. See the proactive investors interview on 18th May at the 1 minute 16 second mark if you don't believe me.

It's the fact that Atlas will convert as soon as this goes above .24.

The SP will stay in this rang for some time unfortunately.

If I'm wrong, good! Means I / we will all make some money but there is a long way to go yet.

To be honest I don't think there will be any need for a placing whilst the share price is at this level. There was a raise for 900k (18th May) to operate the mine for the month of August then there was a raise for 1.5m (22nd June) to pay Atlas off if they decided to convert. With the SP below .24, it's very unlikely that Atlas will convert at a loss giving Vast abit more cash to keep operating with. If Atlas do convert them who knows. Everything now hinges on getting some decent finance for once. Also, this is what AP said the raises were for in Proactive interviews. We all know how reliable he is...

All IMO of course.

Does make you wonder why / how this is being kept below .24 though. Who would sell with the SP where it is and with the company now turning from an explorer into a producer. Something doesn't add up imo

Agreed. IMO the Atlas conversion at .24 will hang over the SP until new finance is arranged. Anything over that and they convert at a profit. It sucks but is another fine example of how poor this BoD have been over the past few years.

Very grown up and mature response there. Child.