Member Info for nevergonnaretire

Hands up all who traded Vast today...👍

I remember you selling this time last year asi.. Vast then went up to 1p.. maybe not so high this time.. 😊

Traders are in... let the games begin, trade it gents..

Seemingly everything has changed.. the way Vast reports to investors, now no further mention of diamonds,

Baita running at a loss, which will inevitability mean more dilution to come, and the only way this will happen is via a consolidation.. Vast have been given enough time to come up with the goods, but imo it doesn't even look likely that the first Half of 2024 will get any better..

Reports have changed imo to entice further investors without much knowledge in Vast to invest..

There's no way of looking at this other than with despair..

If you in any doubt, then please read the full report on Vast website, and you will see a company teetering on the brink!

Yet despite this, Vast continue to take on new business aspects, which may eventually create some money influx, but not enough to stave of the enevitable.

Based on Q4 Conc produced (562) and the Ave grade, plus copper sport pricing, and also assuming they have sold it all (unlikely) Baita are still in negative territory.. not much, but it is what it is..

We need to know the sales figures!!!

This becomes uninvestable without this..

"Q production updates never have financials and just contain production numbers. No different today as any other Q update."

Asi - they normally include the conc sold figures as well.. something which, at this juncture, was critical to ascertain monies held, and inventory held at Baita.

As some have said, they've picked a helll of a time to change reporting.. disappointing imo.

We now have imo a dance off between Vast debt (primarily Alpha) against Baita profitability.. with a faint hint of diamonds..

If debt is again rolled over (likely) then its also a race against time to stave off the possibility of a share consolidation (100/1) to then start the dilution process again..

Are we talking negotiations on mining rights, and diamonds mixed..? If so, we are talking 1000 - 2000% increase from here..

More likely than not it is all a pipe dream..

News Wednesday onwards imo.. share dump tomorrow

The expectation would be for an increase in both production and sales, as Vast were laden with extra conc at the end of Q3..

You need to go back through previous rns to ascertain Baita cost base each month and qtr..

Imo around 500 dmt per qtr @ 20% average grade, given the current spot price (the higher the grade the more money earned per tonne) would be needed for Baiti break even.. a realistic possibility from sales, but with production throughout winter in negative temperatures coming to a standstill, we may have to wait until Q1 results to ascertain wether profitable mining can be maintained..

Asim, at 0.6p thr mcap would be over £30 million.. something very positive indeed would need to happen foe Vast to reach this level..

They seem to be setting themselves up for future years to come, and I can't fathom how Vast will unwind the debt burden they are now in..

Asim, I don't see this (ever) reaching 1p or around that figure.. I have reinvested yesterday and today at the 0.095p level and would like to see 0.5p, but a £50million plus mcap is mind boggling for Vast.

1p would make me a very comfortably rich man and retired in my forties

Yep, next week I reckon for Q4 figs.. probably after the last 750 million placing shares arrive at the door.. Tuesday I think, so Wednesday onwards for figures..

What would Vast need another placing for, so soon after the last...?

Plus Vast no longer have the headroom for a large placing without calling an EGM first.

At these levels, if Q4 production report doesn't live up to expectations.. ie break even at the very least and no positives from the current devt levels, then the only possibility of another placing is a share consolidation (100/1..?) or finding a bag of sparklers that have been elusive over the years..

Judging by the late trades, this is still being pumped and dumped

Be very careful here, as although I believe Vast will eventually do well, this will take time, and with the Alpha debt burden still weighing heavily on Vast, the current price is a reflection of this..

No..? I'll pop back next week

Will pop back in when all the jackals have disappeared

Investinggenuis turned up for the Placing.... not saying that this won't do well.. but lth all said Placing start January and here we are... imo selling will go below 0.1 temporarily before news..

Exactly pectin.. don't get spiked..

Not again kever..