Member Info for Latino

Yes this is becoming a concern again…likely will make big news over the weekend.

It will be suspended tonight as they have to produce by 31st

Challenger Energy (AIM: CEG), the Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development, and exploration assets across the region, advises that it will publish its interim results for the six months ended 30 June 2021, no later than 31 October 2021.

Patience, yesterday’s news is excellent and tells all one needs to know..

Spot on, TW just plays on PI panic and fear. Another good example of how inept he is called out SYME at 0.05 to go into admin, guess what happened in a week did a full 14x bagger 0.8p! Don’t believe me just check the charts.

28 October 2021

Vast Resources plc

(‘Vast’ or the ‘Company’)

Final Results

Vast Resources plc, the AIM-listed mining company, is pleased to announce its audited final results for the 12-month period ended 30 April 2021.

One for the shorters/dermapers!

Well simply lot has changed from last week don’t you agree lol..but at the end it’s a judgement call on risk. If you don’t believe at all then best to walk away..

At least they agreed this today…which is good news.

The Company also announces that Andrew Prelea and Roy Tucker, directors of the Company, have agreed to extend the lock up period in relation to respectively 15,000,019 and 2,250,057 Ordinary Shares held by them and referred to in the announcement of 9 November 2020 by a further year until 30 November 2022.

Fair point fella, but isn’t this significantly cheap now (excellent assets) because of the shocking management?

The CEO also on his last legs as investors have reached saturation point with promises, so AGM next month…so no choice now but to deliver or get booted out.

Leak of news??

Read RNS!

Nonsense, it’s in the RNS the £1.8m cash was raised to pay of Atlas. It can’t just vanish as they say it themselves it’s to pay of Atlas…so they should have around £1.5m cash in bank taking some cash burn into account…!

Well they raised £1.8m just a few months ago to pay Atlas of, which Atlas didn’t agree. Most of this £1.8m is still there!

Nice double bottom forming it looks…gla

Dr Jon Burrows, CEO of Oxford BioDynamics plc, said:

"We welcome Armistice as a new investor in the Company. The US pharmaceutical and biotech markets dominate the global arena, supported by experienced and highly knowledgeable specialist investors.

"The travel restrictions caused by the pandemic have made development and commercial launch of products especially challenging and we are proud of what we have achieved to date. These new funds not only provide a solid foundation to support our continuing activities, particularly the imminent launch of our EpiSwitch(R) CiRT Checkpoint Inhibitor Response Test for cancer, but will also enable us to drive our expanded strategy onwards."

Why would they do that lol

Paul Fletcher, Chief Financial Officer of Vast Resources plc, commented:

"Since 2019, the fundamental value of both Baita Plai and Manaila has grown significantly. Independent commentators have placed values on Baita Plai and Manaila in excess of $100 million, with Baita contributing $80 million. This represents a substantial premium over the Company's existing share price. We believe there is the potential for significant further valuation upside to these assets which can be delivered through successful execution of the Baita Plai mining plan and the Manaila restart. We are now focused on executing the ramp up of Baita Plai's production and bringing Manaila back into production as we look to establish Vast as a mid-tier polymetallic mining company."

RNS extract ‘.. Further to the previous announcement made on 1 October 2021 regarding the Company's evaluation of the recommencement of production at its Manaila Polymetallic Mine ('Manaila') in Romania, the Company is pleased to update the market that it is now actively engaged in several financing discussions focused on both Manaila and Baita Plai. It is the Company's intention that on conclusion of these discussions, its existing finance creditors would be refinanced and the restart of production at Manaila would be supported via a non-equity linked finance structure, such as royalty finance.’

RNS extract: ‘.. These operating issues have been addressed and the Board believes that Baita Plai is on target to become profitable on a monthly basis by the end of 2021, and the Company's internal projections for the period from May 2022 to April 2023 remain substantially the same as previously indicated to the Market. Those prior to May 2022 to April 2023 have been revised downward as further detailed below.’

Market needs to correct this SP now..