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Just taken some as it is ridiculously undervalued given the cash holding, high commodity prices and forthcoming work programme to increase production. I'd also be surprised not to see a decent level of share buy backs from here which would help turnaround the share price decline

There's no scandal. You obviously haven't read the full article, It has nothing to do with NTOG. The headline is just clickbait.

Does UOG still have the option to farm in?

So a person that controls a company that had a 10% shareholding in Elephant Oil is facing fraud charges in the USA.
There's no allegations against any of the directors or employees of Elephant Oil and I have heard that that shareholding has since be sold to someone else

That's because Tenaz upgraded it's listing to a full TSX listing this month from the TSXV exchange previously. The share price has been as high as CAD$3.80 in October

Amur Minerals just announced that shareholders voted against an agreed deal https://www.londonstockexchange.com/news-article/AMC/result-of-general-meeting/15468747
Same could happen with SDX although I think a better deal may materialise

I wouldn't be surprised to see offers come in from other parties

Great to see The Baron just bought 4million ARCM shares.
He's a very successful investor and has a large following so it's a great endorsement and will help boost the share price https://twitter.com/baroninvestment/status/1529085937589829633?t=tz32b78NzzHCW75aoQumbA&s=19

The cash figure is the position from 5 months ago. I wonder how much it has burnt through since then?
The debt facility should be used to fund contract wins but it would be dangerous to take on too much debt to fund ongoing operating losses

Those results look dreadful. Huge cashburn and a 'profits' warning reducing revenue guidance for the current financial year. More delays revealed to the Islandmagee project.
At the current rate of cashburn another placing is likely to be required very soon to cover operating expenses. It would be interesting to know the cash position as of today.

"Nothing much to add here but to say that bringing the extra rig on is definitely good news for revenues in the short to medium term. What it does for the sale process is more difficult to judge…".

What sale process is Malcy referring to above, is he suggesting the company is up for sale?

It's been a hell of a long wait for that PEPR and the delay has decimated the share price.
It would be fantastic if the waiting is finally over and the company can restart copper production at the mine.
The share price is still close to all-time lows so hopefully see a significant bounce on the news

The directors did well to raise funds at 2p. If they waited until after releasing today's drilling results then the placing price would have been much lower which would mean far more dilution for existing shareholders

The regulators should take action against the Vast directors and Atlas for blatant market abuse.
The $500k worth of shares converted at 0.27p would have been sold into the market at an average of around 1.5p to 2p. By spoofing the market by saying there was a verbal agreement not to convert shares, Atlas have been able to make a profit of something like $2.5 million on its trades and there will be more profits from further conversions

The 'verbal agreement' scheme was likely cooked up as they were worried that the share price would fall below the nominal value of 0.1p which would be a big problem as the company cannot issue shares below that value so would be a problem if the company wanted to raise funds or issue shares to reduce the debt.
I think it unlikely that anyone would lend the company funds to refinance the debt as it is too risky. The objective is to lower the debt as much as possible via conversions by Atlas. This will require lots of people willing to buy the shares but who will be willing to trust the company after this latest fiasco?

The only reason the share price rose was because AP said Atlas had agreed to halt conversions

Atlas will likely keep selling shares and converting so expect a stampede out of Vast today

You can't trust anything this company says!
Issuing $500,000 worth of shares at 0.27p when the share price is 1.35p is pure robbery for shareholders

Kouroussa is fully funded to production via the loan from Corris Bank and is not reliant on cashflow from Yanfolila to get the mine built.
During a recent presentation the directors said they expect to still have a significant part of the amount loaned in the company bank account when production commences at Kouroussa due to credit terms from suppliers. The same happened when Yanfolila was built.

You have misunderstood the RNS.
The £100k invested is for 10% of the Lithium project not the whole company!
It demonstrates that significant value has been added recently by the acquisition of the licences with some very big potential upside.