Member Info for ian67

We all know we will need to think about new targets. To average down while the market is swamped with the bergen shares or lower exit points. No doubt these guys were in the know ref our mecuria situation and have taken full advantage. AP said he would never get caught out with this type of funding and their wicked ways. Good on them though they have got their money and trashed our share into the bargain. We need offtake news to steady the ship and move us forward or better still give us some cash from PP , after all it is part of the company and if we bleed we should all bleed.

Fair play for your honest answer, iam of the opinion that our assets now outweigh the m\c of the company by a multiple of the current sp. Yes we need funding to move forward so that's priority number1. But with me it's zagra if its the monster it is said to be then we are going to be ok. If we are funded to production and not forced to by other entities to move this asset on for a fraction of the cost then we could become a mining force in Europe.

Everyone is entitled to their opinion, i try not to brand anyone and i certainly don't block anyone. But and here is the big but i have read ever post on here for over 3 years 7 days a week 52 weeks a year and iam afraid you come across as a poster with a motive. I can only hope it is to help but iam not for helping as you so kindly mentioned. GL to your brother

Not nit picking but surely your advice to your brother was to sell on the red flags? If he is still in are you advising him to average down?

Tc
You is no doubt about your indepth knowledge of VAST , but once again i will ask why are you trying to save me? Iam not for saving i have made my investment and i wiil be here till the end either way. This is turning into a crusade for you and a few others. We have looked and researched and have been shafted a few times. Why do they keep trying to de rail us have we got great assets or are they keek.

For my fellow man, but i certainly would not spend most of my day commenting on a share i don't hold advising how bad or good it is. It is what it is and we have to make the best of a bad situation. Asset rich, little cash . So lets get funding sorted and move on

This has been simmering for a long while and indeed some have managed to bail and get back in cheaper. But what can we do ? Bergen mecuria and some others have benefited at our loss. If you still believe and can afford to wait then these are as cheap as it gets, i hope. Roll on maiden ore trucks SPEEDING out of BPPM

FWIW. bergen are selling at anyprice. Mm's are moving sp down yo fill orders. This will go on till bergen's powder dry. If and i say if and when funding gets sorted this will move again. But factor in the buyers at this level and the profit they are willing to take and it makes for a wee bit of time till we recover. GLA

A very merry un birthday to you young man. Have a good day.

A time to batten down the hatches. Concentrate on near time cash flow positive projects, put the others on simmer mode. Keep us ticking over in the meantime, not wonga though. I seriously think we have our hands on some great assets. We just need a serious backer not wanting the shirt off our back.

Cheers Lee for going that extra mile to help with all our investments in vast . I hope we get the answers we are looking for. There are more than a few on here more articulate than myself so it over to you boys to dig out some serious questions. Thanks for returning my call. GLA

When this does bounce lots will be heading for the exit doors. Iam sitting on the fence till i see off take agreement.

How many they have to rinse left?

If no trucks then surely maniala can't make money? Why throw good money at it now? Keep the trucks till needed, when metal works is built and calibarba open pit verified? Concentrate on BPPM.

What do we need?
We were told the 800k headroom is to accelerate BPPM thats to take us through to production
There is an outstanding 1 MILL which was for investment ?
Trucks have been paid for maniala
2 billion shares for security for new loans
2 billion shares security for zim
A new off take partner willing to pay off mecuria and finance zagra carlibaba
We are not asking for much?

Any of you's take pleasure in seeing hard working common people loose money then , all i can say is what goes around comes around. Even if it takes till your later years i hope it bites you back. If you can't leave us to wallow in our own pity then please find other pi's to rip into.....

We need are genuine lenders/investors willing to see the current projects through to production. We don't need another vampire lender, hope we can't make payments to inherit our assets. GLA over to you AP

That's how most feel, I think we deserve more than a 5 minute pod cast as to the current state of play on each project. Including the reason behind mecuria. They were probably trying to get all our assets on the cheap oimo. Seriously hope with all my heart that lowly pi's manage to get something out of this. GLA still holding ....

Thanks tupence for clearing it up in easier to digest resolutions.

The maniala is no where near enuff to repay on the terms (even over 4 years) and they want assurances of payments b4 releasing more cash?