Member Info for Invest4theLT

Assuming Anavio continue to hold, then nearer 20m from the smaller bond holders, under 10% of the current shares in issue.
Looks like the smaller holders have just 15 bonds now.

On the Wogcc site - approved today, anticipated spud date 08/02/23 (in the APD document).

And again…..

Reported on time yesterday:
04-Jan-23 13:00:30 17.00 200,000 Sell* 34.00k

Reported late after hours today:
04-Jan-23 13:00:30 17.00 200,000 Unknown* 34.00k

For clarity, taken from one of the latest Sedar documents:

'Item 3 – Interest in Securities of the Reporting Issuer
3.1 State the designation and number or principal amount of securities acquired or disposed of that
triggered the requirement to file this report and the change in the acquiror’s securityholding
percentage in the class of securities.
Reference is made to Items 2.2 and 3.4.
Immediately prior to the acquisition of the New Bonds and New Warrants, Anavio owned 39 units of
senior convertible bonds due 2025, convertible into 49,273,497 Shares, representing approximately
11.8% of the then issued and outstanding Shares; and 42,398,790 common share purchase warrants,
representing approximately 10.2% of the then issued and outstanding Shares, on a fully-diluted basis.
Following the acquisition of the New Bonds, Anavio owned 59 units of senior convertible bonds due
2025, convertible into 74,541,957 Shares, representing approximately 16.4% of the issued and
outstanding Shares. Following the acquisition of the New Warrants, Anavio owned 55,159,362
common share purchase warrants, representing approximately 12.1% of the issued and outstanding
Shares, on a fully-diluted basis. '

The potential reward may well be huge but do look at the track record here as the risk of SP decline is possibly also significant. Good luck.

To confirm:

Reported yesterday:
03-Jan-23 08:14:16 18.15 325,000 Sell* 58.99k

Reported after hours today:
03-Jan-23 08:14:16 18.15 325,000 Unknown* 58.99k

From one of the rns around the time:

‘9 November 2020

Vast Resources plc(‘Vast’ or the ‘Company’)

Notice to Shareholders

Vast Resources plc, the AIM listed mining company, is pleased to announce a further update to shareholders following the notice of the General Meeting of the Company announced on 6 November 2020.

Further to this announcement regarding the proposed acquisition of the minority interests in its Romanian projects from AP Mining Group Limited (“the Transaction”), the Company announces that Andrew Prelea & Roy Tucker, being directors of the Company, have agreed with the Company to a lock up period of 12 months in relation to their individual share issuances of 1,500,001,930 & 225,005,790.which would follow shareholder approval of the Resolution at the General Meeting of the Company set down for 23 November 2020.’

AP got 1.5BN shares from the sale of the 20% of BP he (largely) owned to vast. Now after consolidation- 15m shares. The rest he bought, much higher up. Last purchase looks like April 2021.

Hello Sandy - I found this rns referencing vast and bod working together in Zim:

‘Tue, 3rd Dec 2019 10:28

Revised Agreement with Botswana Diamonds plc announced on 28 November 2019 Clarification

Vast Resources plc(“Vast” or the “Company”)

Revised Agreement with Botswana Diamonds plc announced on 28 November 2019Clarification

Vast Resources plc, the AIM listed mining company with operations in Romania and Zimbabwe, would like to clarify the announcement made on 28 November 2019 regarding its agreement with Botswana Diamonds PLC (‘BOD’) (the ‘New Agreement’) in connection with the Chiadzwa Community Diamond Concession.

Discussions and agreements have been in process with BOD since May 2018 and therefore pre-date any discussions and agreements with the Chiadzwa Community. BOD has vast experience and expertise in the exploration and development of diamond resources internationally, and the New Agreement was concluded for the sole purpose of securing BOD as a technical partner in the diamond operation. The 28 November Announcement informs the public of the shareholding structure as between Vast and BOD in the UK holding company, Vast Resources Enterprises Ltd, that will invest into Katanga Mining (Pvt) Ltd (‘Katanga’) which company will then join with ZCDC to own the Joint Venture operating company, Chiadzwa Community Company (Pvt) Ltd (CCC) duly registered for this purpose that will carry out exploration, resource development and mining in the Chiadzwa Community Diamond Concession.’

So maybe bod were referring to this in the article?

The last rns mentions 6-7:

‘ Cole Creek Unit



Operations to recomplete the first of 6 to 7 Frontier 2 oil wells for Frontier 1 oil production are to commence this week……’

Let’s not forget the current well production potential. From looking at the monthly individual well data for the current year and taking the best performance month for each well we’d be looking at 66,000 BBLS pm. Over 50% up on November.

Then add in the 6-7 well re-completions and we could double that.

250 trades today:

22-Dec-22 17:08:58 13.75 356,500 Unknown* 49.02k O

Trying to disguise some large buys?

Does seem odd to me too.

Also were these actually sells or maybe a rollover(?) thrown in just as we were building momentum?:

21-Dec-22 08:07:02 12.38 250,000 Sell* 30.95k O
21-Dec-22 08:07:02 12.38 -300,000 Unknown* -37.14k O
21-Dec-22 08:07:02 12.38 300,000 Sell* 37.14k O
21-Dec-22 08:06:45 12.38 250,000 Unknown* 30.95k O

They’ve committed to pay mercuria back next May so do you think Alpha will take it all on?

JBER been taking plenty on the Bid the last couple of days. Stocking up for early Jan?

Thanks LLP. Just seen than too.

‘APD Approved Date 12/20/2022’

On the WOGCC data site there’s an update for COLE CREEK 11-27 showing the status as a ‘producing oil well’. Might just be confirmation of what we’ve seen in the Sundries but good to see anyway.

They’ve committed to pay off the new $4m loan plus 20% interest, and fully repay Mercuria by mid-May 2023. From here, that’s some going. They must already be working on the new finance deal. Unless they get the SP up a placing won’t help much. Maybe the combination of all the new and increasing revenue streams will secure a new backer.

The L2 pending buy is now 19,991,174 @ 0.17. Better luck this time?

I admire your patience IG considering the SP direction of travel. Good luck with your strategy.