The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Tuppence.... it sounds right... but you are discounting the HT27 factor....
Sometimes gets delayed but Neil the 7am morning release but unless HT27 is chucking a curve ball coz I called it.... then it is 6 from 6 since August 2018.....
Crazy coincidence!
HT27
That is hilarious.... hindsight has shown movement before positive news...
perhaps it has been a while and you can’t remember!!
But I hope the irony is not lost, given your penchant for being able to identify when an RNS is due!!!
So HT27 is suggesting and RNS... history says when HT says... RNS follows!
I hear rumours the AP is of to Zim the week before GM... is this true?
We have right to mine at Heritage Concession ( i’s to be dotted etc).... so can we take a wishful leap?
Nowt sprouting in the SP and let’s face it if AP was about to close some MAJOR news there would be a volume increase...
So although I REALLY want to believe AP is of to close and for a photo op, I can’t see it myself!!
Have a good weekend all
Kew
As a result of the implementation of MAR, AIM Rule 21 was replaced by a requirement for AIM-listed companies to implement a share dealing policy which complies with a set of minimum requirements. The definition of a close period (redefined as a ‘closed period’) was also amended to be the 30 days prior to the release of financial results. The restrictions on dealing while in possession of unpublished price sensitive information remain.
AIM companies are required to establish appropriate closed periods (which may be more than the prescribed 30 days prior to the release of financial information) during which directors and applicable employees are restricted from dealing in the company’s shares, and create and implement procedures that directors and applicable employees are required to comply with prior to conducting any transactions in the company’s shares, in order to obtain clearance to deal. Finally, there should also be a procedure in place requiring notifications of dealings in the company’s shares to be disclosed to the company in order that the company can notify transactions which are required to be made public.
would love to see AP dig deep and take another slug for himself at these levels....
Arguements around “ closed period!” Not having it... if the deals aren’t signed then the info is in the public domain...
Come on AP let see another tranche from you and the board
Couple more weeks yet surely.
Next GM will pass first... still within n timescale expectations previously provided so history tells us likely to be some delay!
Would love to see some upward movement but not expecting until end of the month.
Then again as AP continues to point out I really don’t understand!
the Company has suffered a reduction in 3-4 months from. MCap of £30mm down to £10mm
Why? What changed? Lack of 2nd tranche from Mercuria, dalliance with a bucket shop funder, couple of standard placing, reference to required restructures of SSGI debt and missed payments, delay in starting the clock on BP, trucks, charge release....all wrapped up with a lack of confidence in the ability to execute & communicate from the board. Add to the fact,wary of boards motives surrounding their investment in some assets, old faces still seemingly acting as advisors and the removal and replacement of key staff responsible for the fiscal duties...
Shareholders hurting as the reduction in MCap exacerbated in the share price given the dilution.
Sounds awful... not surprised... why on earth would I still be holding and have even bought substantial increases to average down?
Well who wants to start off? Who can post a reason for investment?
I will start with.....Chiadzwa Community Development Trust has in principle been granted the right to mine diamonds in joint venture on the Heritage Concession (Block T1A of the Marange Diamond Fields) and has appointed Vast as its joint venture partner in the exploration and mining of diamonds in the area.
Anyone else want to add a reason?
Bit of feel good for the B.B.?
Note from November
Overview
4,000m surface diamond drilling campaign commenced at Zagra
Previous exploration has demonstrated both licences' prospectivity for polymetallic mineralisation:
Previously reported estimates by the Romanian state exploration company, IPEG Cluj, have indicated an exploration target (non-JORC compliant) of up to 3,000Mt of ore to a depth of 600m, at grades ranging from 0.4% copper ("Cu") and 0.3g/t gold ("Au") up to 0.8% Cu and 0.5g/t Au at Magura Neagra
Six veins associated copper and gold mineralisation previously identified at Piciorul Zimbrului through underground development
Drilling campaign expected to be complete by the end of December 2018
All core samples will be submitted to the ALS laboratories located in Rosia Montana for copper, lead, zinc, molybdenum, gold and silver assays
If you wanted to be critical you could say that timelines are a bit slipped, drilling campaign was expected to be complete end Dec and we are told today that assays passed end of Feb
Counter this with the fact the company has been preserving cash, has had a few other projects and or issues to progress, but this news confirms they are on top of all aspects and keen to push progress on multiple fronts. This secured an important opportunity and I believe demonstrates a grip on their operations.
Interesting to see the time reference in the RNS given recent criticism.
Roll on the next week or so and let see what comes next. Personally I would love to see a climb now. Fed up languishing at these levels
Kee
Dodge, I was penning a similar note this am, assume AP is confident in resolving The financial restructuring, confident in the plans to move to a cash accretive position, and therefore continue with the business and all projects the company has
At worst case it is a contingency, and at best the opportunity is fantastic for the company
Small news but all important as we wait for lawyers and news of funding.
Kew
It still irks me that AP starts most of his podcasts along the lines of the market has not understood our RNS...
Surely given how many times he has had to say this he should make sure these official releases are clearer and less ambiguous if he feels they need subsequent follow up.
I understand the requirement for some flexibility but this is becoming a reoccurring theme... release news and then try to explain a version of what it means.
Irksome, a waste of time and not the actions of a clear and focussed board.
C+. Must try harder
Lol... just a good memory I guess... things stick.
Good on ya! Keep it up is what I say. Still not going to enter a prediction game with you. When you can’t see the fish at the table... well I am sure you know that saying
Call it a coincidence.... but on Friday pre close you joked about an after hours RNS... nice one!
Oddly, on the 31st Jan you posted preclose whether an after hours RNS could come... that’s 2 from two
Dec 14 th you thought at 4.30 RNS... well it came out at 7am the next am!
19th Oct.. posted for news on Monday! Guess what.. out it came!
And there was you suggesting an RNS sweepstake at the beginning of Oct
I may pay more attention when you post notes about 1 trades or other such stuff in the future!!!
Just pondering... sure all coincidences...
Post of the day TBTT at 8.57.
Take a bow!
Like the optimism in the podcast! I must be a goldfish as it still feels good.
Dodge..... good luck with your entry point... hopefully that list of demaands will see 1 or 2 ticked off shortly...
How about we post them back up on the 11th March and see how many we have had news/ updates on.
Who was it who suggested an after hours RNS on Friday...?
Daz, whatever. I am certain.... the posts on other company boards with you and Teacup convince me
That said, each to their own, your posts over the last 10 days have been some of the best reading for a while.
Good luck to you and I hope you stay interested and invested in Vast for a while.
Kew