Member Info for mcadder

Rising quickly - anyone taking advantage on the expected drop this morning would have needed to be quick :))

Yep, getting bought up, ignore the trolls

Watch and learn moron

Your a moron pal

Moron

This will bounce back up later

There may be an initial drop first thing, but there are numerous positives in todays update and I can see this closing blue later.

The elephant in the room that has been the debt and a drag on the SP for the last few years is finally to be addressed and remove that uncertainty for the company.

Every chance from the language being used that the diamond parcel will be released prior to plan B coming into play ....

Hmmm.....this could be quite significant imo 🤔

I think given the choice I know where my money would rather be - but comparing VAST to UKOG when UKOG has almost 30Bn shares and just announced last week their well they were drilling basically isn't commercial?

At least here with 5.5Bn shares and another placing just done with the prospect of a resolution to the diamond parcel, potential mining licence and BP ramp up there are certainly genuine reasons to remain invested and keep the faith here :))

Just as expected, COPL doing what it always does.

Bondholders have and will always be in control of the SP here while it's still trading unfortunately....

The only ones that think or hope this is going up 100% are the one's stuck in here hoping to get out higher up.

The CFO now gone is yet another red flag, and TOSCA out, a second red flag to add to the countless previous red flags.

CFO now officially gone, TOSCA out, who else is to bail this POS before lights out?

Not looking good here...

"the funds raised will ensure the Company has sufficient funds available in respect of the Historic Parcel and the first shipment of the PGM concentrates as announced on 22 January 2024."

Mounties, you are indeed correct, I've checked previous RNS's and that's the first time the company have said that bit specifically ......

"the funds raised will ensure the Company has sufficient funds available in respect of the Historic Parcel"

Must be close ;))

Wow, just looked in here - 24 posts this morning and thought there had been an RNS and then remembered it's a Sunday lol.

asimpleinvestor I think many will wholeheartedly disagree with the valuation you put on the historic parcel. Clearly AP AND the creditors will know more than they are letting on regarding information of it's value and content etc, otherwise they would have enforced the debt owed to them many many months ago.

AP in a recent interview when asked how much they are worth said,

"Yes we do , but it's not for public consumption at this point in time unfortunately, but we are confident it will suit our needs"

That's all we need to know until we know they are in possession of them and are in the process of selling them. Personally, I think worst case we are looking at 8-10 million which would more than cover the 7 million debt and best case maybe double that which would not only wipe the debt but give us a substantial amount of cash in the bank.

RCMP - agree there re 10 bagger potential comment :))

Remember what the latest placing said -

"Additionally, the funds raised will ensure the Company has sufficient funds available in respect of the Historic Parcel and the first shipment of the PGM concentrates as announced on 22 January 2024."

HAS SUFFICIENT FUNDS AVAILABLE IN RESPECT OF THE HISTORIC PARCEL 😉

This was 4 months ago, but a breakthrough could suddenly come out of the blue and turn things on its head for Vast

"Vast to auction diamonds held by RBZ"

"Alternative Investment Market (AIM) listed Vast Resources says it is getting ready to sell 129 400 carats of rough diamonds, which have been in the custody of the Reserve Bank of Zimbabwe (RBZ) since 2010.

The company also said it would soon shift focus to a potential mining project in the Marange diamond fields."........

......... "The settlement is following the path of consensual due process and we appreciate the Government’s continuing assistance in bringing this matter to a close.”

The lot has not been released to date and the company in a trading update said it will not continue with their investment till they get hold of their diamonds."

Good point in your post there dilara.

Yesterday was just a taste of what's to come here. This wasn't a P&D - it's currently 0.0985p to buy anything whereas just yesterday morning some lucky ones could have picked some up for 0.085p.

For once I'd say with confidence that I'd rather be in Vast than out at this critical point .....

Thanks lostsoul - hopefully a breakthrough by all parties by next week 🤞

Sad to see that the shareholder group has done nothing to help here.

Am surprised this is still trading tbh :((

Decent update this morning....