Member Info for MU345

Nice buying opportunity provided by the dip. Takes my holding towards 2m. Cheers.

Lansdown Asset Mgt (Bristol) 15.83 2,739,507,355
Interactive Investor (Glasgow) 10.31 1,783,978,876
Andrew Prelea 9.14 1,581,514,739
Halifax Share Dealing (Halifax) 8.27 1,430,634,734
Axis Capital Markets (London) 3.61 625,333,333
Barclays Wealth (London) 3.56 616,045,657

Not particularly bothered what the market thinks at the moment, I will when I’m looking to sell, certainly not before copper breaches $10,000/t +.

Every day the bottom line is improving regardless of what the market thinks. Just like my other holding RMM moved up 50% over a couple of weeks.

Just the start of the copper boom. To get the best prices you have to buy during times of uncertainty whilst the scaremongers lurk. But when the metal being mined is breaking 8 year highs and showing greater strength every week it makes it a much more simple decision.

GLA.

Majority of my PF is in junior copper mines + other resources. Most of which are up 10 - 20% + today.

And then I check in on VAST... Maybe one day.

Placing churned. Copper souring. Should be blue skies ahead.

Happy Days.

Copper price up. Vast SP down.

Wonder where that bloke is who was deramping for a cheaper entry. It’s an impressive effort to deramp a copper producer whilst copper breaks 8 year highs haha.

This has got some moving to do. GLA

Given the high calibre appointments to the board. 100% customer renewals of ICSYNTH alongside 5 major new customers. Now a multi year contract. 4.0m itb.

No question that DMTR are in a far better position than when the share price was 3.00p+ earlier in the year.

“Please explain - copper metal price is nicely up over the year, but do you know if or by how much the price VAST receives for its concentrate has increased? Any links to prove it?
Or just assumptions cos PIs aren't worthy of the details?“

Copper price up nicely... it has about doubled since March and is continually breaking the 8 year high. Whilst supply issues alongside increased demand through renewables and EV’s will likely see the surge continue.

“Based on an assumed copper metal price of US$6,655/tonne the initial mine production generates an in situ metal value of US$104,450,225* over the 3-4 year period”

The above makes it fairly clear the current copper cost will positively impact the bottom line.

Any drop today is purely superficial should the funding go ahead.

And the best chance of it happening is now given all the hoops which have been jumped through alongside a concentrate price which is ripping.

Should it not go ahead, VAST are not in any worse position regardless of what the SP suggests. It just slows down the expansion opportunity and the ability to make the most of the copper cost in the short/ medium term.

But at this share price failure is fully anticipated on every front.

I check VASTs SP and it’s down. I then check the price of the concentrate which we sell which continues to rocket.

Maybe if it reaches Goldman Sachs prediction of $9000/t+ in 2021, we may, may, see some positive impact on the share price.

But the way it’s going the operational income from Baita in 1 year will be the same as our market cap.

Just added again. Copper price continuing to rise each day improving the bottom line.

Have further tranches available should we be so lucky to see a lower SP.

GLA

Yes it would make sense for the directors to buy shares and then dilute themselves... Great comment.

“Vickaroo
Posts: 584
Price: 1.275
Sell
RE: Going downSun 20:58
Another down day coming tomorrow... Those big sells are going to hurt from friday..”

Hmm 10% up. Directors buying even more. You seem to know what you’re doing.

“That’s if they don’t run out of money and the company fails.“

As is the risk with a lot of companies, especially those on AIM. However, at 0.22 I believe TYM are firmly in the buy zone.

The share price hit 0.90 earlier in the year. Just a case of being patient. Given the cost of metals and how they’re rising, not sure there’s been a better time to invest in junior mining companies. Producer or explorer.

High risk share. Up 660% from March think we need to see some sort of correction before it becomes investable again.

Certainly got potential but I think success on every front is priced in.

Multi year lows whilst precious metals continue to rise. Upside potential outweighs downside risk on that basis alone. Especially given current Mcap.

But it’s always the same, as the SP dwindles everyone suggests it’s a sell and the day it pops 100% everyone then suggests it’s a buy.

Margins improving every minute.

Cash flow forecast was on the basis of $6,600/t copper price. It’ll exceed $8000/t shortly.

Hoping the fundamentals shine through.

Yep. I’m currently finding it hard to believe that is actually the metal which are mining.

Since I’ve invested here the price of copper has doubled and the share price of Vast has halved.

You’d think that, since the product we are selling is worth twice as much now as it was in March this would have some sort of positive impact... obviously not.