Member Info for jimjam

I'm still holding to the view that this share is behaving differently, only a few months ago you would have expected it to have dropped below £1 when all we hear is doom and gloom. JJ

We can expect sentiment to change in the next 2/3 weeks DYOR. JJ

More fool me as I have been holding for something like 5 years. I was told to ignore AIM but ignored the advice; experience is the best way of allowing a message to hit home. JJ

For all VAST share holders is the most likely outcome. JJ

In the past the slightest hiccup would have impacted the share price in a negative way. With what is happening in the wider economy you might have expected the share price to have dropped back to £1 or below. It seems to now be trading around the £1.20 mark, could we see it increase a bit to trade around £1.30/40 with a suitable profit update? JJ

Neil you say "inflation is slower to retreat, I think that the majority of mortgagors are on fixed deals so have been protected from much of the inflation. Then the oldies have had decent pension increases, with their mortgage paid off and their savings producing extra income. The payment to pensioners this last winter met much of the energy cost increases. I don't see people suffering in this period of high inflation, although of course I'm aware of the media stories. When the BOE increased the cost of borrowing in the late 1980's/90's almost everyone working with a mortgage was on a variable rate, so it really hurt then. In my opinion it would have a better approach to increase the income tax take which would have reduced peoples spendable income which would have brought inflation down and benefited everyone in the medium term. But increasing interest rates hits those who borrow, hitting for example businesses trying to grow and develop. Of course the government would like to increase the tax take to pay off the Covid debt but dare not do so with a General Election looming. With the benefit of hindsight it was wrong to make borrowing so cheap at the expense of savers, and now we are seeing some reversal. The present situation is very interesting and whilst history tells us about similar instances of dealing with inflation this is showing some differences. JJ

Buy a coffee instead.

ALBA has got hold of some money with ease, which they needed if we are to see some gold, so I'm very pleased and relaxed about where we are going with this investment. Expecting an update on dewatering later this month as they said they were all ready to proceed. JJ

And take a look at the share price over the last month. Someone who bought a month ago should be happy with how the shares have performed compared with the other banks. DYOR. JJ

Eighteen months ago we hit £2.50 we ought to rise above that before the end of '23. JJ

Our dream lives on. Fingers crossed. JJ

Brilliant. JJ

Or you could throw £20notes of the top-floor of your nearest multi storey car park, the latter could be more fun. JJ

There is no reason to believe that VAST will ever deliver profits to benefit investors; gamblers may get the odd win here. JJ

Cyber, go to the top of the class and sharpen the ink wells. JJ

These are not high interest rates. People have ignored older and wiser 'heads'. Mortgagors have simply borrowed too much in many cases and stupidly gone with a 2 year fix when a 5 year was available, or even 10 year. JJ

Share price down by over 30% in a month and no guarantees that the diamonds will produce significant monies. Hold onto your shares and watch how AP 'mines' their value for his own deep pockets. JJ

Maybe a bounce after lunch; you know better than me Neil. JJ

Diamonds, I'm wondering whether the 'cash' will be used to mine more diamonds. The gov't may be making an offer that AP won't be able to ignore. The diamond monies may not be available to benefit VAST in terms of paying of debt/ avoiding the need for a fund raise. Could this be the reason behind a lack of an update? JJ

Oops - 'day' missing