Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
In the history of Vast ( formerly African Consolidated Resources) this new shares reorganisation ( ie consolidation) is the third one that I know of.
The last one was in 2021 when the number of shares in issue was 21 billion and a 100 to 1 share consolidation was done.
This reduced the shares to 213 million and in less than 3 years was back at 6 billion shares, over GBP 20 million raised in that period and all wasted on debt , a mine that will never be profitable or some new pipe dream .
Wake up folks. This is simply a lifestyle company.
I bet you a fourth consolidation in 2 to 3 years time.
TRINIDAD AND TOBAGO
Cory Moruga Independent Technical Report gives P50 and P90 Contingent and Prospective gross recoverable resources of 14.31 and 21.41 million barrels respectively
-- H1 2024 well workovers forecast to generate gross net operating profit of US$ 3.1 million in 12 months from H2 2024 to H1 2025
-- Cory Moruga Field Development Plan for P90 Contingent and Prospective gross recoverable resources of 9.13 million barrels gives gross US$202.12 million undiscounted net operating profit (NPV@10% US$85.14 million with IRR 240.9%)
Morocco, T &T , IRELAND. March/ April will be busy news period here;
"IRELAND
The Company has received since its last operations update a communication from the GeoScience Regulation Office ("GSRO") at the Department of the Environment, Climate and Communications informing the Company that consideration of its application for a successor authorisation to Licensing Option 16/26 Corrib South is hoped to be concluded during Q1 2024 and that the GSRO would be writing to the Company shortly in relation to this matter."
PG is confident that the gas will flow with the sandjet system and i believeit will do so. . If it does then 50p here we come in quick time;
"The Company is confident that Sandjet will achieve its objective to establish gas flow
- Analysis of gas samples confirms up to 99.57% methane suitable for CNG development
- MOU-5 Jurassic well planning on track"
Take note;
"The initial phase (ie phase 1 just completed) is important to us for designing and implementing the Sandjet rigless testing programme which will follow on after the Sandjet operational planning work is completed."
I bought 80k more shares this morning. Let's see where this goes soon;
"Paul Griffiths, Executive Chairman of Predator, commented:
"We are pleased to be finally making progress on the rigless testing programme. The initial phase is important to us for designing and implementing the Sandjet rigless testing programme which will follow on after the Sandjet operational planning work is completed."
Https://www.independent.co.uk/tech/bitcoin-price-latest-halving-prediction-b2498671.html
Https://news.bitcoin.com/robert-kiyosaki-expects-bitcoin-to-hit-100k-by-june-this-year/
From Cavendish
"Any improvement in the macro environment will then drive upside to our revenue forecasts, which will gear strongly to adjusted EBITDA and cash, as management are acutely focused on reducing minimum guarantees and optimising revenue shares for new and existing podcasts. We reiterate our 1,300p target price, and look forward to Audioboom capitalising on its strong foundation through robust operating and financial momentum at the Q1 update, the renewal of key podcasts on attractive terms, and new podcast wins."
Https://finance.yahoo.com/news/bitcoin-reaches-highs-experts-believe-203010434.html
Https://finance.yahoo.com/news/bitcoin-reaches-highs-experts-believe-203010434.html
Phenomenal growth that should see boom move to 4th place in the US soon;
"In the US, Audioboom remains the fifth largest podcast publisher on the Triton Digital ranker - now just 100k listeners behind American radio giant Audacy. We continue to grow faster than our competitors - the Company is now 1.5 million weekly listeners behind third place Wondery. In the January 2023 ranker the gap to third place was 2.5 million."
"The Directors therefore propose that authority from Shareholders be requested to issue, up to a nominal value of £8,400,000 of share capital (equivalent to 8,400,000,000 Existing Ordinary Shares) (Resolutions 1 and 2), which if issued at par value for each New Ordinary Shares would raise £8.4million, or approximately US$10.5 million - sufficient to repay the Creditors and provide the necessary working capital together with a small additional margin.".
So over $9 million to be raised after consolidation to pay off creditors, then at least $1m more for working capital. That's more than $10 million in total.
Prospective Funders know vast is at a precarious position and desperate to pay off debt therefore what price will they settle to achieve that level of funding?
Big discount imo as happened at HE1.
AP is only happy to keep his gravy train moving and has no interest in making you money.
"Each time Bitcoin goes through a halving, the rate of supply effectively halves too. When demand levels for an asset remain constant but supply is reduced, the asset tends to appreciate in value.
Traders may seek to exploit this dynamic by investing in Bitcoin ahead of next April’s anticipated halving, in hopes it will increase the value of their holdings."
Https://www.forbes.com/uk/advisor/investing/cryptocurrency/bitcoin-halving/