Member Info for MaxHSpringer

Those 5m sells are probably forward selling, but it's an opportunity to buy!

Donotpanic- yeah, .18 will soon go! I am targeting to get past .20p by some point tomorrow (without news).
Now, if we get pictures of the lorry's leaving the site- loaded up with the copper concentrate- than we could possibly be seeing an attack on .25p

donotpanic- agreed!
I have stated and believe we will be at .20p at some point tomorrow and then we could get further traction north, if VAST post pictures of shipment lorries leaving site! Obviously this is my thought, lol

All we need is a little more buying volume and this will be off to the races!

Well folks! VAST have had a few false daens over the years, but we are finally here! Finally a mining and producing company with a load of concentrate ready to be shipped and will be paid 24hrs after bill of lading!

Pictures posted on twitter of concentrate and confirmation by AP that VAST to be in profit from month two of production with not a tiny bit of BP being mined (for the next couple of years).

Folks, if you say your an investor, now is the time to seriously have a look at VAST- the only advice I would give and not really advice (but common sense), buy low, before everyone else and sell high to everyone who wants in after you!
Good luck all and this has been several years coming!

Antharry- all I know is that VAST is on a lot of people's radar and has been for the last four years. Imo, people want to see VAST succeed, but VAST has previously not delivered and as such - I think that people will see what happens this week and next.
I also think that as things develop in a positive manner, people will find a reason to invest or get back I to VAST.

VAST has never been so close and as a reault, I am very confident that the share price will go up. It is my view that we will see .20p in the first half of the week and .25p+ upon confirmation of concentrate FOB!

After FOB confirmation, it will be hard to say where we wil go as sentiment,developments and news as an unfolding story will play a huge roll on what happens.

All I hope is that AP would rather not take a month's salary (if it came to it) in order to pay Atlas Interest and get paid later in the month), but I am very positive that the FOB and payment will happen this week or next and no need for another placing!

All very exciting! GLA as per recent RNs they were on target to exceed target and hope that remains the case

Yeah- like I said it's basically a basic assumption based on very basic geological principles.
This is part of what makes VAST BP so exciting. Only a tiny part of BP has been JORC'ed and as a result this is now very early stages of a mining story that will unfold and hopefully provide pleasant surprises as we go along.

I suspect or believe that this could be the case for the following reasons.

Gold, Lead, silver are much heavier and have a greater density than copper.
Metals such as Gold and copper for instance tend to be brough to the surface of the earth in veins.
For instance, gold is usually found in or near quartz.
I can't remember seeing anything about quartz at BP, but gold is present .
Lead is also present and has about the same atomic weight as Gold
So, as metals come to the surface (prehistoric times), the earth cools and the heavier metals settle below the lighter metals
This is why when you smelt metals the metals separate and settle on order of their weight with other impurities at the top (because they are lighter than metals).
This is a hard rock mine and as such the gold is ancient and settled based on their weight as the earth cooled encasing the metals in the rock.
This is why, I believe that the deeper we do the richer the mine becomes!

Another reason for my belief is because when you find gold (for instance in rivers and pre-historic water (streams and rivers), it's because the water has eroded rock that contains these metals, that have been brought to the surface)

The source of all gold, silver, copper is from deep in the earth and as such, this is the reason why miners talk of finding mother loads in mines as opposed to surface alluvials

This is all in my opinion but have done some research and enjoy the process of gold mining

It wouldn't surprise me at all! I also suspect that it will get richer as you go deeper!
The JORC only cover a very small part of the mine claim and as a result, I suspect that as more is dug out nd other areas tested, we might find some rich veins to the source of the metals.
That's just a thought but it is a very exciting time!

Sarah- 14bn shares is a bit but remember mcap! Look at SYME went from .05p to peaking at .80p in a couple of weeks with 32bn shares. It's currently at .43p but goes to show that momentum and sentiment can do a lot.
At this point, I think that if AP delivers on or above target and gets it FOB on the next ship in next few days- sentiment will return with strength here!
IMO Vast is known to a lot of people and they want to believe, but need a tangible reason to do so and delivery will go a long way, I believe!

Sarah! I don't think we will be there by close of play Wednesday! The Wine bar will be closed to Thursday :(

Yep! Totally agree Sandy!

I pointed this out in one or more of my previous posts and for this reason, I this this makes a huge difference in regards to being able to maintain the ATLAS payments.

If as stated in last week's rns regarding being on target to exceed production is still the case, then we could be in n even better position.

I have my fingers crossed for the refinance with the mainstream lender and this will make things a lot easier. This sale will also be part of the affordability assessment and am looking forward to the next few rns's

I've always known it is concentrate and apologise that I was more focused on getting the $ amount per ton correct.
What we need if for Parker Schnobble to loan us his processing equipment, lol!
On a serious note, VAST is producing and this week will be selling and once FOB - it will be officially a producer!

It's been a hard road to get to this point and understand why peoples nerves are fried!

Hi Sandy-
Yes, it looks like I made a mistake and read it wrong! I read it as is getting $6655 per ton of concentrate!
Your explanation makes sense and accept this.
My issue with Pectan is that he/she jumped down my throat with out explaining what you have reasonably explained, but rather just poibted out that I was wrong in order to my perception de-ramp!

It's easy to say someone is wrong but not easy to be constructive and explain.
As I said I read it as the business getting $6655 per ton (gross or unrefined)
Running this by the figures you have explained, it still washes it's face based on these initial figures.
Either way, it will really start to show a big reduction in production costs per ton in Q1.
None the less , we are now producing and selling the concentrate and that is what we are here for.
Thank you for the explanation!
GLA and eagerly await the string of RNS's starting this week!

Fine!
Let me address- it is concetrate and forgot to type the word, however if you read rns would know I meant copper concentrate. The figures are not wrong. We get paid $6655 per ton of copper concentrate.
But it's funny that some will find any little imperfection to jump down ones neck while not contributing anything themselves or joining a conversation.
Just finding fault in everything and that's fine, I'm invested- are you?

Yes it's concentrate not copper! Is this all you have to contribute?

Eva-

You bring up some interesting points.
and assume that the shipment is onboarded in the next few days (subject to ship availability), but think they will know what day the ship departs, now!

Rough figures but we get $6655/ton of copper. Now we know that Mercuria will take anything over 200t, so:

200 X $6655 = $1.331m
300 X $6655 = $1.9965m.
400 X $6655 = $2.662m

So, with the operating costs about £1m, we will easily be able to afford the interest payments of $29,5k

As per the RNs on the 22nd (I think) we were on target to exceed target , but as this is AP we are talking about, I expect shipment to be somewhere between 350-400t, which leaves a comfortab margin and if we can deliver over 325t/MTH I think we will se that there will be no further need for placement imo!

Hi Sarah and Eva,

It has been a long and difficult journey for many! I had to sell my shares last year- so my losses aren't as big as many here.
This is the frustration many have because I remember buying at .50-.55p and look where we are now!
So, it is understandable that many here may be bitter.
However, if I could find more money, now is the time for topping up. This will move faster than many think and I think it will take a similar trajectory to GGP.
VAST is now a producer and I have spoken to a few people and it is my understanding that receipt of payment and payment terms were a big issue!
People were under the impression that you'd get paid a month or so later, but you get paid in 24hrs.

I really think that being paid straight away will encourage most people to either top up at these low prices or to jump in.
So, once we get an RNs saying FOB (freight on board) the share price will move swiftly and upon an RNs in the next 24-48hrs from then- we will see a huge volume and again a healthy price increase.
Once we receive payment, it is my opinion that we will then be paying atlas in cash and no further need for dilution.

And are only selling the copper for the time being and just saving up the Zinc, lead, Silver, gold and the other metals.
These are a good back up for a rainy day or when the respective commodity prices are at a favourable price.
This tells me that the business has options and has the commodities to make ends meet, one way or another

So, as I said earlier- feel so much better, today and have put as much as I can into VAST because of it.

Yes- exactly Sarah,

I personally think we could be at .20p on Tue or so and depending on news- somehow between .25-.35p upon confirmed shipment.
News for me will drive this share from here on in and also expect final terms for bank refinance shortly after confirmation of receipt of payment

So, the above is very well three rns's in the next 10 trading days.

I base this on yesterday's RNs and the previous RNs last week that have a rough outline.
There are also other bits of news that could land and if we are lucky and sentiment from the wider market, might allow for a higher price.

Because we are now at a stage where the share price will be very much news driven and there are a lot of people whom may have much higher averages, whom might find some money to lower averages and bring their breakeven and profit points much closer. The reason for this is because, VAST BP is now a reality and even without refinance, VAST could afford to pay and clear ATLAS.
Refinance is no longer a deal breaker, even though it would make life a lot easier and allow the business to do more and sooner.

I am really happy that there are the stockpiles of