Member Info for isas

I would suggest emailing the company to provide an update on financing. Shareholders need to put some pressure to let bod know that they are there to manage and not let things happen. There is a PR guy specifically employed for investor relations, putting out a picture on a twitter once a while is not a good use of however much fees he gets paid.

Can someone explain what is meant by "Range will provide mortgages over its workover and swabbing rigs as security, with such mortgages to be released upon completion or termination of the SPA".

Mufc, agree it's been a disaster, but there has been a complete clear out of the board from Laundau days. I know I lost a considerable amount of money from those. This board is at least persevering and it might be that they can salvage something and even pull a rabbit out. Which you as a long temer should be applauding.

It'll be interesting to watch the ASX when it opens, if they have been able to persuade them to resume trading in RRL.

Been watching this space, for what feels like eons, lets hope there is some substance to twits.

Any genuine rational investor would not and should not give approval to headroom increase unconditionally. Need to replace at least 2 directors if not 3. The new CEO needs to have his salary weighted to buy shares from the market, preferably the whole of the board needs to be incentivised in this direction. Only on these conditions I will reluctantly vote with my shares for an increase in headroom. Shareholders need to wake up and start smelling coffee, hope we don't find pungent odour of Bernie Madoff amongst the dilapidated mines in Romania and the diamond fields in Zimbabwe.

They can surely do a progress report and confirm if the report has been completed and when it would be made public, if not why not, If they use shareholders money for for a specific task then they should report on its progress and if for some reason there is an issue with making it public, then should say so as well, I hope it isn't like the trucks at Manaila.

End of January we were told was going to be a new beginning, AP is purported to have said that from last November speaking to financial institutions was going to be his top priority. The company no longer produces anything, can I ask what does the management currently and over the past 6months has been doing- If you want to be a fool be one but don't make a fool of the rest of us- Time for substance, no more bs.

Similar position to Piker myself, given 12 months of benefit of doubt to CEO, anyone with half decent self respect and professionalism would hold their hands up and says thanks people for giving me the chance unfortunately I have not been able to deliver what I set out to and move on- I don't think we have such a character in our CEO nor a board strong enough to push him aside, so in order to protect semblance of my investment would support any action/ strategy to rectify the current situation.

The fact remains if they can hold to their words, they said that the Zimbabwe money was as a collateral and to be reserved for a cornerstone investor, they said the money for trucks would improve efficiency by 30% at Manaila, well we know they were breaking wind via their mouths. If only they can acknowledge their fibs of the past one might give them benefit of the doubt, unfortunately history keeps on repeating itself here, however, one wants to be positive.

This is where the indecision of the board and CEO has inflicted irreparable damage to the company and us shareholders- had they raised the money for BP last autumn and also put pressure on Mercuria to decide with T2 we could have had far less dilution and also be in production by now.

Yes Pep- one wonders if the Swiss bank has to be dug up from underneath the Alps- I am beginning to think if it's not a fictional story like the missing trucks at Manaila.

Another of the sneaky 30m buy and cancel trades from yesterday- what games are going in the background?

If you are in the same boat, it'll be difficult to get "go get run over", somebody needs to take the initiative and push the other over.

Sorry it's not love we need but all the copper and a few diamonds, even some comment on Lucy would do in the short.

Your Highness Sandy, thank you for sparing your precious time on illuminating us on the intricate company structure of Vast and pointing to us how stupid we are of having missed this, hopefully it would reward us even if we peasants can't fathom the wisdom of our bod. Now you be careful as to how you proceed at BP, connecting that cable up to electricity can only be done under close supervision of wise people like you.

I would've thought any rational long term investor would be applauding Fantasy for raising very pertinent questions and repeatedly being proved right.

Sandy: If it's any consolation, when I look at my investment portfolio- dominated by Vast, I tell my self "you stupid so and so" and give a slap to myself for my stupidness for keeping on hold- lets hope in the not too distant I can shout to myself " you genius so and so" .

Sandy: I quite often remind myself that 2 wrongs don't make a right. I think need to consider your own standards if you are going to drop to the level of an opponent and also not everyone may be at your plane of thinking and they can interpret things from a very suspicious angle, particularly in relation to the recent history of this company. I for example being a simpleton couldn't grasp your point about the experience of management in setting up private and public companies, to me the basic reason that a company exists is to use capital efficiently to provide returns to shareholders, if you are private company have less gaze in the public, but public companies have to adhere to much more regulation and wider public scrutiny.
If you float an idea/question to test us morons, perhaps us morons should be afforded some glimpses what you were trying to get at.

Excellent post Piker agree whole heartedly. This is a discussion board having contrary views and different perspectives is indication of a healthy forum.