From gold finger advfn30 Sep 2023 15:55
The not to funny thing is, if it was down to dog and his hired avatars. Vast would have gone under many years ago.
Has there been a lot of progress over the last 4 years, yes. you could say there has been progress from before the operating permit was granted. So much progress in fact to list. Most of it coming after AP became CEO. Yes there has been a lot of dilution in this time. AP only had dilution and atlas, with their convertible loan to fall back on at the beginning. A swiss bank playing us along for about a year.
So i look back now and wonder why people like myself and Dog bought in all those years ago. When the company had so much more debt than today.(yet here we are, with dog who bought in when vast had a massive amount off debt. Claiming today that the debt is too much, about £7m).lol. He hates dilution, but he hates convertible loans more it seems. AP realised that the convertible loans were not the way to go.
The only route left to him was dilution, to get to the end game, profit. We are at break even, We will soon find out if we are at profit point. But here we are 5 years since i first sold, and three years later from when i re bought in. So here we are now, weeks away from knowing if we are now making a profit. A much smaller debt, owning 100% of BP and other assets, not just the 80%. Also a new asset at Tajikistan. Then with a very good chance of getting $12m+ of diamonds returned, along with the return of a diamond asset in Zimbabwe. Also a drilling campaign going on at BP also. Yet the dog thought this was a good investment all those years ago, but not today. I can clearly see what kind of knowledge he has about companies.