Member Info for Mafs

This still has life in it! And it deserves a better share price reflection.

Let's all hope and pray!

GLA

Interesting movement.

What is happening? Is this the support level, or is there some glimpse of news?

Gla

We remind ourselves that it's not the assets that are holding this back. It never really has been because everyone knows what's in the ground. Rather, it's been the management; poor timing, vague wordings in RNS, and not keeping to key timelines which has run this down.

But with BPPM producing (big achievement), and the presentation to the tier 1 Bank completed (better than nothing), were in a much better position than ever before even though the SP is not reflecting this.

I think the long delays are the paperwork, the people being away, covid impacts and quite possibly the bank waiting for the sale of this months shipment which is preventing the breaking news. Security is the banks biggest concern.

Personally I dont think its worth bailing out now, or selling everything at a loss, when we're already near a 52 week low and expecting news.

Its only up from here imo, and let's not miss the bounce when it eventually comes.

Hold hold hold!

Gla

Excellent buying pressure. Sea of blues at the moment. Let's hope this continues to 2moro and this IS the bottom!

GLA

I was thinking about this and it seems that the move was purely in the interest of Vast as a company at the expense of retail shareholders therefore no consultation was really done etc, but even at the expense of AP's own shares. Its an indication that the placing is good for the company, but not for our share value.

I personally think, its a top up opportunity if you're near the 0.16/17/18 region because we find that for 1 year it's always hovered at that price, which probably explains all the buys we saw come in. They know it'll rise above this 52 week low.

Secondly, having the finance sealed (even at the cost of our share value) is what will give the ii's confidence, as well as the bank which is what will have the major impact on the SP in the end.

It hurts, it pains and it angers us, but I hope, again some will say it's a dream, that we are on the path of getting those all important investors on board, and are very slowly but surely passing the finish line. You cannot produce copper and sell them (even at the low 6000$ mark initially forecasted) and yet still be a poor share - it can't be economically possible unless outgoings are more than income. So it has to stabilise.

Being hungry right now nd standing outside of a pizza shop, all I can think of is that Vast seems like that fast food place that promises to deliver but is painfully slow in doing so, and on top of that they dilute your slice of pizza in front of you, then their management tells you that you're not so important to him, instead the hungry rich fat blokes outside looking into the w
Shop are.... but in the end, you get your slice and its a bloody good one too - you then feel it was worth the misery and that the greedy ***** delivered it at the end!

Let's hope we see a gradual rise over the first quarter as shipments are made and production is ramped up.

GLA, there is light at the end of this copper tunnel!

Haven't seen this kind of buying pressure and buys to sells for a long time; hopefully a sign for good times to come ahead.
Like others have said, the production is a milestone and when the finance is settled and AP decides to ramp up tonnage every month, we could begin to see some gradual upward movement!

GLA!!

Sandyshore, absolutely spot on.
I'd also add IMO, that only when the ii's are involved will we really see a proper re-rate. The risk for the ii's has reduced a lot now that we're producing, so once the sales are completed over the next few months (they need to see a trend), it should fill the missing confidence they had, along with the non-dilutive finance model it will look much more attractive. I really hope VAST continue with their trajectory, from exploration to producing then to a mid tier miner! We have the assets, we really do!

GLA

Check Monday 26th October RNS where he states:

"Binding Term Sheet with international banking institution (“ the Bank”) targeted to be signed by the end of November 2020 with final approvals in December 2020."

It's the end of November. For once, he seemed to actually be on time with something :)

That's exactly what we'll soon find out. Usually Asset backed finance in short, is a bold statement from person(s) or company that basically, "we'll pay you what's agreed, even if we have to line up our assets/machinery/equipment to do so". The bank must have confidence based on VAST's projected sales, forecast and plan which is why its not surprising why this news came after the first sale. For investors its always about mitigating risk, and increasing chances of gain, banks most of all.

This is at least some positive news with more expected in the pipeline. Expecting some sentiment to return gradually. If there's a time when we're looking stronger than before, this would be it.

Good luck all!

According to Vast's literature and pre-planned production targets at BP, they have:

"...3 ball mills (7.5ktpm capacity each), although, only two of those are owned by the Company
offering a potential 15ktpm run rate, fully accommodating budgeted 13ktpm production
rate. Two lines of flotation cells, thickener tanks and filter presses are in place.
Management suggests the amount of refurbishment works required to reach first
production is minimal focused on the pre-milling part of the circuit including installation of
new crusher and conveyor belts among other things. $3.6m budgeted development capex
amounts to a low $23/t of milling rate reflecting brownfield nature of the deposit with most
of capital-intensive underground infrastructure as well as ball mills in the processing plant
being in place.
The plan is to launch production at a reduced 6ktpm rate (H1/20) ramping it up to 13ktpm
over the course of six months (H2/20 in our model)."

Based on this model, and the % of CU concentrate, what are we looking at in terms of potential figures?

Guestimates of course.

Current copper prices about $7450 per tonne.

QED?

Hi all,

I think that even though BP is finally producing and its a massive milestone achieved by Vast, it is in my opinion only a stepping stone for other things to finally progress.
For some, BP may be the be all and end all and I can understand that, but see it as something that can finally stand on its own legs, whilst the BOD begin to focus a lot more effort on speeding up other projects (Zimb and further exploration).

Profits will begin to kick in during Q1 2021, which can hopefully mean BP is self sustaining and any issues with equipment (notorious for malfunctioning after constant use) or general operational costs can be covered, bearing in mind labour costs are very cheap as well. We're looking at a healthy pipeline with a ramp up to maximum output soon.

With an Mcap of nearly 30m, we all know 0.17/8 is very, very under valued, so we hope got a re-rate soon next year.

I hope Vast use BP and its profits to invest in speeding up the high profit low cost Diamond project, where they'll be probably the only producer of diamonds in the region.

All the best guys, I'm right in this with you all.

As a new investor with about 30k in here, it's one of the few companies actually producing with some upside potential from what I've seen. I understand that history testifies to quite poor management in terms of timing, keeping to their words, placings, dilution etc but if AP sticks to one thing he said in his other intervie, which is "the proof's in the pudding" which he mentioned as something that will make the shareholders forget all the hurt, then this is enough for me.

As it stands, the mine has produced and sold its 1st copper concentrate (this is excellent from my standpoint) and the figures will be part of the proof that we will hopefully see.

Both technical and fundamental analysis at a basic level is pointing to these levels being very good entry points to buy and hold.

I really hope I am right and have joined at a good time.

All the best everyone!.

Just like to mention that this board is very lucky to have a poster like Weathergeek :)
This share is beautifully poised for a wonderful month ahead.
ATB
Maf

Since Covid, the landscape has changed for many industries. Evolving and adapting is now key for many businesses, particularly companies with large supply chains.

Prior to Covid, the JIT (Just In Time) inventory control system was the standard method of inventory management across the world, and has been since the strategy was formed in the early 1970s by Toyota. Efficiency and continuous improvement were its fundamentals.

This has changed drastically across the globe with many companies (Those that have survived) abandoning JIT for JIC (Just In Case) inventory system. Supply chains were completely destroyed during sea and airport closures. Over reliance on global links cost many companies dearly and sadly many lives too (PPE being consistently in the news)

In real estate, demand for warehouses have increased exponentially and correlate to the rise of internet retailers and changes to JIC inventory management system since lockdown. This will continue to grow as attitudes post Covid develop and evolve.

SYME are in a perfect position to be first mover in an industry that has just formed in front of them and which growth is unquestionable. It will be down to AZ and his team to Market SYME’s stock monetization model and make sure investment companies, banks and private investors understand it.

I have no doubt SYME will do fantastic in the months and years to come.

ATB

Maf

https://www.youtube.com/watch?v=4ns5eukeTY4

1) Placing and fundraising complete - this should mean SP is free to soar.
2) Great reassurance from the co-founder to shareholders and investors.
3) Hemo now has 2.5m in the bank + the continuation of following initiatives and projects:

- Studies into the use of its advanced humanized mice for the potential development of human neutralizing antibodies to be used against COVID-19 and related COVID-19 work.
- To advance IND-enabling studies for HEMO-CAR-T; the Company's product candidate which is being developed as a potential blood cancer treatment; and for general working capital purposes.

Hemo was intriguing even before the cash, and now with it, who knows what they're capable of!

GLA

Excellent find.!!

This only indicates a great potential for Hemogenics, otherwise why patent? Seems like some news after the placing..

What they find in their research could now be extremely valuable.

GLA

https://twitter.com/vmsandler/status/1257639986255540224?s=20 -

"An intimate, feature-length documentary following two patients through groundbreaking ‘first in-human’ trials for CAR T-cell therapy, a treatment described as the beginning of the end of cancer."

This is what HEMO specialises in, and its mentioned in this programme.

https://www.bbc.co.uk/programmes/m0006nzt

https://www.pewtrusts.org/en/research-and-analysis/data-visualizations/2014/antibiotics-currently-in-clinical-development

2 out of 3 potential indications (on the far right column) are QIDP designated - they are eligible for benefits under the GAINA act.

Dont let the placing scare you! It is natural for any company who has a half a brained finance officer!

Having the placing at 0.4p is firstly, double yday's opening price, secondly this will only make the company balance sheet look professional and not a cheap share, furthermore, the placing could have been done at 1p but that'd be much much worse for the shareholders.

in the huge opportunity of an RTO, 0.4 p 1.4p, heck even 5p is nothing!!

Just like Valirix, this will shoot up and eat the placing up.

GLA!!