Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
What do you mean..?
Totally agree Sandy.. I don't even think Q1 2024 will budge this price now based on these figures.. so we are again left with the fading possibility of diamonds being captured and any volume from Tajik, not enough imo to stop more dilution in possibly January.
As for debt, there is nothing I can see which would make me think that Vast could reconsolidate this by offsetting Baita conc.. maybe another 2 Qtrs, but right now Vast will be scratching around trying to see if they can get terms with Alpha at the end of this month.. not a good position to be in imo
This is, imo, the poorest rns that Vast could have put out, considering they were at break even for thr month of July, it has, seemingly, gone backwards.. we have very little detail to go on as usual..
A poor set of figures, loans due, little.money left until both Baita and Tajik start coffing up more money..
Things are bot looking good, and it is rightly highlighted by the current share price.
I am long here x 28 million.
1p + is a long way off for this,.and don't be suckered in by those who shout this to the rooftops.. look at the reports, then decide for yourself.
New lows coming imo..
The diamonds have already served their purpose by allowing several raises at higher levels to keep the company going.. all whilst bringing Baita to the cusp of profitability, and Tajik funds to start flowing
.. for a bit longer imo
There is a 20 million share difference as well..
0.1 if the creditors refuse anymore lead time .. butnthat won't happen imo, profits will begin to appear late this year or early next..
Has anybody got thr figures for the offtake from Trafugura and the MOU..? I make this around $40k per month from Trafigura and around $3million per year, low ball park from Aprelevka..? But do I read right that an interest free loan will have to be paid back first before any royalties are passed along?
Asim, there will be no such figures, we know how AP works.. that's why the share price is where it is.. price will be in the teens this week or next
No rns until November and no profit revelations until 2024
... the pumpy dumpy crew are back again... fingers on the buttons..
Asimple, you were right about another pump attempt.. 😀
Guys.. I get it.. copper will be sought after for future projects globally, so Vast need to keep gold.of their jewel at Baita for as long as possible.. debt due now in November, is this enough time to turn the tide in Vasts favour by getting a so called JV up and running.. doubtful. Is this enough time to get diamonds monies into Vasts pockets.. again, doubtful. Something massive needs to change for either of these to happen by then, maybe 2024. So then we have Baita production figures and tajik funds beginning to appear.. enough to stem the tide and change the direction of Vast.. maybe, even though markets are forward looking, the next set of figures would have to be monumentally huge to change this in the short term.. everything pointing to 2024 onwards for change in Vast.
Also, I think the markets have ignored or misses the fact that Tajik exports have now begun.. this didn't help when it was put into thr bottom of the rns stating more dilution coming into play.
This week - 3/4 billion shares to hit the market on Friday, it will be interesting to see what effect this has on the whole of this week's trading.. hopefully I can add more.
Good luck all genuine holders, I'm glad most of the bottom feeders have gone!
Vast won't go bust imo.
AP and board will be bitterly disappointed how this year has panned out given the start they got in January and February.. debt is still the Anchor weighing around their necks, but... given that first exports made at tajik and ramp ups of production at Baita, first profits could and should arrive late this year or early next.. When's the debt rollover until again..? End of November..? that's about right..
Placing churn still happening and now beginning to sell below placing price to shift the confetti on..
Just trade the guts out of it, build your holding and wait for 🚀🚀🚀
People unfortunately don't listen and get sucked into the hype.. the usual culprits such as investingenius and techguru and Co who probably bought the Placing , then hype this, create a mini spike, get liquidity then disappear like a fart in the wind.
No movement now until Baita results, but even then it will take a monumentous move to shift the hundreds of millions of extra shares kicking about..
20/10 - 3/4 billion arrive, I don't think we will see any action beforehand.
Dec 31st - I'll stick to 0.25p
Nicely rinsed through some placing shares today.. I hope no one got caught buying at 0.23 as the teens await.
I give it a week and this bb will be seeing tumbleweed again until Baita update.
For me, this year at vast is a loss now diamonds slipping further away.. 2024 could and should be the year Vast explodes.
Not this time chico...
Pumpy dumpy... 3/4 billion shares coming into play on the 20th.. it's being forward sold into..
Exactly pecten.. these users have no shame.. they will be gone soon enough, the key is to take advantage of the situation yourself, adding many multiples of shares through the trades.. there will be the first push north this week imo, with the drop back down as sold into.. ready- fingers on the buttons..
Scarlet, your spelling already shows us that.. but good form from you though to pick up that post so quickly 😄
Also, its weird that Vast would 'bury' the Takob news in amongst an rns to raise.. personally I would of used this piece of news to push the price up a little further before raising - AP at his best, if the financials were good he would shout from rooftops with detail, but we've had very little to chew on for years now..
Thanks Sandy, as always a greatfully received and logical post.. the question beckons... what does the 12.25% look like in £££s...? I can't remember if anyfogures were given for Takob, but will have a look a dig back to see..
Logic dictates 3/4 billion shares being added on 20th October.. no Baita update before then.. and it will likely imo take that long to rinse through said shares on the market.. those looking for a short term win here will more than likely be disappointed..
There will be the obligatory pump and dumps until shares are rinsed, and possibly sub 0.17p breached..
Monitor, and buy in on the dips, watch for spikes, there are many, many people on here just for the trade..
Looking more like 2024 the year for Vast...