Member Info for Pecten11

Batfink, as I'm sure your aware, the 1.44 was, as far as I know, a finger in the air sweepstake guess from AP - there wasnt any explanation of why that was justified? Even at 0.94, it would imply a market cap of £125M ish - which, even if Craig's numbers pan out, is, in actual valuation terms, out of reach.
However - this is AIM after all......

Gkb, there have been plenty of recent poster hoping for some FlashBangs as a diversion, not realising (or caring) that when the smoke clears theres nothing there apart from those ducking for cover

Gkp - without any updates from the company or a more detailed broker note (like the SP Angel note, not the PR piece from Axis), we don't know exactly where the cash is going, but they'll be paying more mine and plant staff (albeit at Romaniian rates), more fuel costs, both utility and diesel, still have the cost of the ongoing dewatering and reagents for the flotation tanks.

If they get to the figures in Craig's tables, they'll be ok - shame AP said they were changing priorities only a few days after this info was released, was the first useful information in ages - would also have been good to see what commodity prices were used to create his forecast concentrate price - and whether that is gross or net to VAST.
As ever, more questions than answers?

Gkb - what with? The same sort of blanks that AP loads his RNSs??

Wiggly, the BoD raised 1.6 million - if they havent paid 30k of interest in cash they want shooting.

If, and at the moment its definitely an if, they have delivered the first batch of concentrate to Mercuria, they wont have been paid for it yet - one Mercuria will want to test it against spec, two its unclear whether its 30 days or 60 days terms
That's why they raised the cash, because it is still gonna be a while before they get cash for product

Wiggly, I agree, based on the previous dates of election to pay in shares, it looks likely this months interest has been paid in cash.
Does anyone know if there was sufficient headroom remaining to pay in shares?

Chris, maybe you'll also avoid being in the path of the bullet?...

Yeah, I know, mixed metaphors

Oh my, aren't you clever?? ROFL

Case logic, I agree WatchMavericks posts are as pointless and misleading as the likes of MarkSidley, RobSaunders and now officemanagers

Officemanager - sadly a typical style of post.
Where did I say VAST was an awful investment?
Ignoring the admission of 866, 666,666 shares a week ago is either a sign if poor research or an attempt to mislead new investors of the facts

MarkSidley, my belief is in Santa - at least he comes around once a year

For how many months have you posted that the Zim deal is almost complete? You might be that stopped clock but all this spiel about the diamonds is just cover to try and move the 888,666,666 shares that hit the market last week

RobSaunders - more inside info Rob, or just the usual bulls##t to suggest you've got an inside track

'The bridge was tested last Wednesday/Thursday and needed a few adjustments'
Diamonds deal and the new term sheet is imminent too'

These statements are based on what info??

- at end of August
That's up by over $31M from the end of June - would suggests cash collections are becoming more stable as the year goes on

Nice buy - shame another 888,666,666 shares hit the market last week.
You may need deeper pockets to absorb that lot

Today's rise so far, just goes to show how many shares are tightly held

The only similarity to GGP is they both plan on digging rock out of the ground ! Oh yes, and neither have any shareholders holding over a declareable 3%

TheShrimp - positive is good - unbased speculation can be dangerous

If, after many years, VAST actually deliver profitable, sustainable production from Baita, the SP will react accordingly, but there is a long history of erm, how shall I put it, selectively timed and at best, misleading information.

JbG80- totally agree - that was the point I was making to Mark
Cant let facts get in the way of random ramp!!

Bear in mind that VAST only have 80% of Baita, so revenue needs to be adjusted down accordingly

TheShrimp - at 0.6, the mcap, would be around €80M

Good on you (not meant to be patronising-its relative to other posters) for estimating a figure.
Including the gold and silver credits, I've actually got a slightly higher figure, although it's not clear what discount the TCs and RCs would have.