Member Info for Pecten11

I didn't say that part of your post was inaccurate- read 15:18

I answered your question 'I wonder if we're the cheapest MCAP AIM company in the world with an actual producing asset? ' - with examples

So your problem is??

RMM, SML, BRD, WRES, EDL for starters - and I'm not suggesting whether any of them are better or worse companies than VAST - just countering inaccurate statements

Make that 5

'One of the cheapest' is a subjective term and could mean anything, but at least 5 other AIM miners sub £10M mcap is definitive

Anyusername - how much the bet??

Can think of three sub £10M mcap AIM miners that are currently producing revenue off the top of my head - I'm sure they'll be others

Chris are you really a teenage girl........ or just got a subscription to the Disney channel

You do realise that all the swing traders rampers are just ramping to each other - who will be left holding the baby

https://www.bbc.co.uk/news/business-54604100

Troaj, may apologies to the likes of you, nom and mick.

I know I shouldn't bite but when someone who has previously been banned appears with a new ID and then continues to spout the same politically orientated garbage it pees me off

Thanks shininglight

Jeffa, what AP says in interviews needs taking with a massive pinch of salt.
The 150 tonnes of concentrate is needed to go to Mercuria for them to see consistency of grade and what further refining processes are needed (and who they can/will use to produce a final product) - that will ultimately determine what price VAST get
Its proof of concept,grade and deliverability as a first step rather than size

DrAim, for a change, one of your posts I can totally agree with.

For a company that wants to bring a tier1 bank (??) Onboard and in the longer term, institutional investors, its H&S policy and procedures should be of the highest standard

Robbie 'Is this an issue in investor understanding '

Well considering the figures you are quoting are a mix of concentrate production and ore mined - then the answer to your own question is obviously yes

Excerpts from FinnCap 1st October report

H1 results demonstrate Savannah’s transformation into a highly cash generative business
• 8M revenue hits US$133m and is on track for FY20 guidance of over US$200m
• Gas sales volumes and prices are rising, with US$ gas contracts underpinned by World Bank guarantees
• H1 pro-forma EBITDA more than doubled to US$67m
• Strong free cash flow generation allows debt reduction and, over time, distributions.

Over 94% of this revenue is derived from US$-based gas sales agreements that are underpinned by World Bank guarantees and have an average contract life of 15 years. Moreover, gas sales to new customers are expected to start before year-end and additional contracts hopefully signed, so there’s growth to come too at minimal cost – there’s plenty of spare capacity in the gas infrastructure.

Management are certainly backing themselves, with the Directors buying 11m shares (>1% outstanding) as soon as the company came out of its close period in August. Not to leave any stone unturned, it has also published its first sustainability report and intends developing and implementing a new ESG performance reporting framework.

Sandy, hoped your vacation from the board from just after the last placing may have rebooted your attitude to more like your former self - ah well

it was a genuine question

Sandy, hypothetically speaking, have you got any idea what would happen re AP Groups 20% of Baita if AP wasn't employed by VAST anymore e.g. would AP Group have to contribute pro rata to costs or they permanently absolved due to the rest of the asset moving to VAST corporate?

Squirrel the Tweet says refurbished- so not exactly got rid of the old communist junk - it's now mixed with new communist kit

Nigeria sets new target to raise oil reserves to 40 billion barrels

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/101320-nigeria-sets-new-target-to-raise-oil-reserves-to-40-billion-barrels

Starvest, sadly does sound familiar and also opens the possibility of a Covid delay if Romania tightens restrictions so the technical consultants cant get to Baita?

Anyusername 'Have you forgotten the recent debt payment made in cash and the cash value in the bank along with the fact that first sales are expected this month which should provide ample cashflow between now and then?

Two questions -
First - any guesses (supported by some figures would be nice) how much that 'ample cashflow' will be?
Second - do you know when Atlas may elect to convert the next tranche of bonds (either payable in cash or shares)

Mark, you posted on Friday '20k top up this morning ahead of the huge increase today' bu were challenged to provide the details so we could wait for the trade on the ticker, strange that this is your next post - more bull$++t perhaps?