Member Info for gemstar

Good man

Is anyone able to say where the cash figure in the statement " BMN are sitting on ~$45m cash " comes from?

"Our team has been working with various licence-holders and regulatory bodies to provide sufficient volumes of priority brines for laboratory test-work. Once these tests have yielded adequate results...."

This seems to suggest that they are still looking for sufficient brine for testing

Hi Matt
Suggest you also follow Flight's Discord Panr site, where serious oil men also contribute

The SP didn't drop. A tiny share UT sale of just 2 shares went through at 0.09.
The algorithm then showed a SP of 0.09, whilst the bid and offer remained at
0.105/0.11
It is way beyond time that the authorities forced their IT departments to bestir themselves to amend the price algorithm to ignore the final days UT, which always causes endless misreadings and misrepresentations across all companies

Thanks for the cash info guys
I take it that the Pat E-1 sidetrack is then covered by existing resources?

Could someone help me on the cash position here?
Does the company have sufficient cash for all its projects over the next 12 months?

That whoever is tasked with dealing with Vasts RNSs seems to be incapable of arranging them to appear timely on this site, as do every other company on Aim

Thanks for taking the trouble to produce your 6.42 post, Sandy
I guess the Nomad must have been given credible forecasts for him to be able to sign off for a second time on the name plate production statement
I guess one has to factor in Prelea's "despite January and February being short months of production" - whatever that is supposed to mean, -
And also must have looked closely at

"Lower grades in the mine were encountered in March, partly as a result of intense development work in Level 17 and Level 18, and partly because of restriction of access to higher grade ore caused – following the new drilling results (see below) – by the development of the incline into the lower levels and preparation for drilling in Level 19. Had that not occurred, the Company is confident the mine could have reached operational breakeven in March"

"what would VAST’s monetary value be then?…"
When Prelea took over, the capitalisation was around $55m
I had always pencilled in a working mine, properly financed would be around $150m
You add what you want for Zim and Tajik

Sandy, how are you getting on with your analysis of the production report?
There seems to be some confusion on here between the price of copper, and the price of copper concentrate

Don't need some de haut en bas moralising thanks
There are questions here that should be answered, despite your protests

So 107 applications to CTDA have been successful for Covid tests
Is Avacta among them?
If not, has the company explained why not?
Many people lost a lot of money taking the company's statements seriously
The least they can do is explain the outcome

Presumably something for Tajikistan also

https://youtu.be/rTELjv4_7f0

When the price is rising it always will
As the algorithm moves the mid price up, so the buys become sells
Obviously a bullish signal

On HotCopper may show why SP has limited enthusiasm

" I have always found with 88e announcements, it pays to also focus on what 88e focus on, then discount the targets that are less featured
In this case it is strongly on the SFS targets, showing a clear intention to flow test these two zones is a positive, this good news needs to be balanced against the size of this initial target at a mean estimate of 89 mmbo. Further upside may come from the as yet unknown new SFS zone.

The lack of specific detail on net pay for each reservoir, is unsettling as these details are available, and very meaningful to estimating likely quantity of the discoveries.

With the SMDs scarcely getting a mention, I am inclined to now discount these pending further detail from 88e.
The BFF was always going to be marginal IMO, so an increase in porosity could bring some of this into play

Overall there is good and bad, I now expect a much lower number than the original estimated 647 mmbo, probably closer to 250 mmbo. There is still insufficient information to say more, but expect a progression of updates to fill in the gaps as analysis continues"

Speaking from complete ignorance, I've always assumed you can do this through spreadbetting
IG Index?

https://twitter.com/rT18958292/status/1643411535341944834?t=bEO6yzufUBKBSR9wA1WJHQ&s=19

Dow Jones Editorial Pick

You are correct about the incoherent messaging, with loan documentation based presumably on New York practice documentation, lovingly honed over many decades by NY lawyers
I have complained for a long time that this documentation is not available for inspection by shareholders, as it is basically impossible to summarize
There was a time when companies were required to have this sort of documentation available for inspection in the City of London