Member Info for muzzer1057

He clearly wasn't a big fan of my tweet pahahaha

Sorry as this has come up many times. Whether someone exercises 1 share or 10m the result is the same they have to issue an RNS as the shares in issue changes.

Its very simple-get over it.

I stand slightly corrected here as I have heard back from Peter Rose @ Brandon hill.
EV=mcap plus net debt so the reduction is due to the lower share price since BP.

That said BP licenece etc has little impact on the EV.

EV reduced by £4m as a result of blueberry RNS?? Go figure

I agree that’s why it says worst case. But tphis is VAST and ANRM after all...

Assuming the absolute worst case scenario and ANRM re-set the 30 working day timeline from the 14th September.
Fingers crossed it’s more like 26th September!

Lets not forget even our (very expensive) de watering activities are technically illegal but without it the mine and infrastructure (£50m) would be completely ruined.

I take a dim view on how the Romanian authorities have operated with this case for the last 3 years but naturally expecting a positive conclusion.

Failing that I see no other option than for VAST to take legal action against them given the enormous expense incurred to keep the mine on care and maintenance. I personally will be putting pressure on AP to instigate this if they breech the 30 day legal term. Enough is enough!

£70 in the coffers will cover de watering BP for 2 minutes

Hi All,

Just to clarify a few points from reading the above.
- The placing went to one individual who supposedly will be holding for the longer term and wont be flipping the stock. This was done with no fees and now at a premium to the share price. Great news-Baffled by the current price.
-The need to get this done for the diamond fields cannot be underestimated. There is significant diamonds close to the surface and can be mined very cheaply as its alluvial. This could be a company maker and then some in its on right!
- AP is back in Romania today and I would strongly expect some developments on BP by Friday I'm not saying it will be done but I'm sure further discussions will be taking place....
-Tranche 2 isn't legally connected to BP however the 2 are interconnected so the repayments can be covered. AP has sated before we wouldn't draw Tranche 2 without BP although technically we could.
-The admin issue for Tranche 2 is a minor technicality relating to a nominee shareholder back in the AFCR days. The shareholder doesn't exist so they are needing to go through some paperwork to prove this. Will take a couple of weeks to resolve.

In summary sit tight be patient tons of positive newsflow on the way. Market will realise the value here once we are over a few more hurdles.

GLA

RE BP

"I will be talking yo you about it on the next interview very soon"

AP wont be on VOX today.

Let’s hope it’s a cracker. I’ve asked Justin Waite to try and extract as much out of him in terms of potential to the company with the diamonds and BP as clearly the message isn’t getting accross about how good the assets are. Sent the same feedback to AP also but haven’t heard back.

Fingers crossed but regardless I can see a decent rise tomorrow.

Isn't that what we pay the shisters St Brides for.....?

It wont go back and forth as it’s been signed off by the minister so there isn’t any further points to clarify etc. So yes you are wrong.

Yes agreed it’s not the final final rubber stamp we were all hoping for but it means it’s 100% done deal as approved in writing by the minister. This bit is just procedural (ap’s words). The wait continues but have been waiting long enough for this huge step which has been overcome. Shame there were no comments from AP on the RNS to add abit more meat to the bones but a few interviews today wouldn’t go a miss.

Very frustrated but he’s still hopeful it will be within July. I think next week for sure so nothing to worry about just requires paitcence.

Reiterated that' hes completely all over it and the wait is almost over. Of course nothing too specific I wouldn't want or expect him to.
Lets see what happened and when the RNS finally lands.

Trust me you wont. I have been in contact with AP today. Sit tight.

Referring to the BP licence of course. GL All

I rarely post on here but had a really good chat with AP was impressed with his passion and commitment. I did mention that perhaps the company hasn�t communicated in the best way to the market with regards to how good the asset suite is and AP agrees and wants to do an updated presentation soon to re educate and remind people of what they have. Eureka sounds very exciting and certainty the appetite is to do more of the same. Complete no brainier and can�t believe how cheap we got it. Sounds like there is another deal in the pipeline. With regards to BP he was happy to discuss as much as he could which provided great comfort. all I�m gonna say is I�m completely reassured that it�s happening and it is IMMINENT. I�m topping up Monday after my discussion that�s for sure.