Member Info for jamesjohn

It's just gone UP again, maybe one us has a delay?

It's just gone back UP on my screen!

Now that Atlas is sorted and the infrastructure is in place, (only the final drill rig to arrive), we should now move towards positive cash flow in Q3. AP, I imagine will be able to announce a steady increase in revenues during the next few updates, or at least starting in June. Also I think he mentioned previously that the second jorc would commence in May, so hopefully that will double the value from $100 mil to $200 mil for BP.

OK let's say one weeks time.

June could see a good increase in revenues once they get familiar with the new equipment.

Just for clarity second mantis drill expected end of May/early June.

Fantasy... I have to say something, even though I am with you on KEFI, it does seem odd that you are invested in Kefi, which is a stock that will have 4 billion shares in issue soon, and will have a Mkt cap of almost £30 mil. Yet not a spade in the ground and with no production for a long time. HA has done nothing bought talk and placing after placing, Compare to this stock with approx 1 bil shares, a market cap o £10 mil and well into production and on the cusp of profitability. Despite that you are constantly bashing this share and spend far more time on here than you do commenting on Kefi.

However I still believe the potential of Kefi is good if they get the finance closed, but it has been going on for years.

I don't understand why you are worried. Vast don't need to do anything. Atlas have been paid.

I'm off to work, have a nice day everyone!

Amicable agreement, let them convert at 2p.

Sandy.. Yes indeed!

Horult... I agree, as I've said, but progress is happening. Many other mining stocks I have seen, have much higher market caps and have hardly put a spade in the ground.

Sandy... I have no idea, but I'm sensing a change for the better, we will see in the next couple of months.

All debt is can kicking in reality, and with all the infrastructure in place we are on track, (albeit 1 year delay) to carry through the mining plan. All investing has risk, otherwise it would be easy. Also it is not a fact that we can't achieve this, but what is a fact is we have made very good progress. I agree you could wait until profitability, but each time you wait for another box ticked the price will rise. All I was trying to say was that the negativity is still as strong as ever, with some posters, despite the improvements.

I don't think the negativity is now justified. Over the last few years, I guess it has. I myself have been critical at times. I never thought the finance would be complete, ( at least not without proving profitability). Each box is being ticked, with Atlas gone, drill rigs arriving and increased revenue streams, and all the equipment bar one on-site, there now is more to be pleased about.
I'm hoping those who are more negative, will now be more reasonable towards the outlook of Vast and those who are spouting 10p by next week to be less extravagant, (way too premature)

We've been waiting for these Drill Rigs for more than a year now.

Great news Mantis Jumbo Drilling arrived last week, second one arrives in 10 days.

This is what I have been waiting for, as I said in previous posts. This is what will make a significant difference to production.
Things Happening at long last!

Pleased that Atlas is now out the way. This has, for a long time been a problem. I didn't think AP would get this done before profitability, so I was wrong on that one. Hopefully now we can deliver on increased revenues and also improve the jorc. From memory the last valuation was $100 mil. I believe they have, or are starting the new increased jorc valuation this month, and from memory are looking at hopefully a doubling, to $200 mil for the BP mine.

In my view any chance of good finance will require the company to show they can make a profit and to do that they need those drill rigs on-site. AP said during his interview on the 3 May that they would arrive within the next few days that suggested the 5/6 May. It is now the 16 May and no explanation as to why they haven't arrived.
I remember the original Aramine Face Jumbo drilling rig that was supposed to arrive back in April 2021, that never happened neither, or if I remember correctly they said it was too big. Here we are over a year later, still waiting.
I wish AP would just be more up-front and show more clarity to share-holders.
Let's hope they arrive quickly, otherwise it's another delay.

Ok, thanks!
That means either Quest 1) or 2) no tax .
Couldn't be more clear.
Thanks for your reply.

Come on guys, 10p would value VAST at £60 mil when the new shares are issued, and they haven't made a profit yet, plus we still owe Atlas circa $4.65 mil by the end of July. We need to stop getting carried away.

Anyway off topic, 2 silly questions.

ISA Stocks & Share accounts

1) If you have made a profit in a ISA Stocks & Share account, greater than the personal allowance and you withdraw the money out before you have completed a full tax year, do you pay tax on it.

2) If you have made profit below the personal allowance while in an ordinary share dealing account, and then transfer the proceeds into an ISA stocks and share account, and during the same tax year go over the personal allowance, do you need to pay tax on the profit.
I did say they were silly questions!

As long as there are no big charges for removing the cash from the ISA within a certain period, that could be a more simple solution, thanks again Horult. I think that will be the way to go.