RE: Vast19 Oct 2023 07:53
Lol suspicious timing!
the second tranche of shares from last placing is due to hit market tomorrow, so that's why I mentioned them as after tomorrow it may be a worthwhile ( risky) punt as the rns suggested no further placings - at least for the foreseeable
perhaps the company released that operational update today, to entice a rise, before tomorrows inevitable dip on new shares being added to try and balance things out?
that agreement sounds a little complicated, 10% of the profits with ability to buy 20% of the shares in a company that owns 49% of a mining area - but it is currently making a loss? Like a consultancy thing? Vast brought in to increase production and get the mines profitable and it is not costing vast anything?
I can hardly make sense of it all!
and what is it with HUM rns? a complete none rns, what is the point of it? here is an rns to tell you that the results rns will be next week...