Member Info for Pecten11

If they believe there is connectivity to Lincoln, then in theory can part of Lincolns reserve calculations be added to Lancaster?

Second, I find it hard to believe that an open hole completion is producing from the furthest length of the bore in an in effect non supported sandstone reservoir

Bobby, no idea.
Pure speculation around dates and the suggestion of someone getting the boot over the bridge issues. Fall guy/girl??

Maybe they need the money to pay her compensation??

So AP group (20% interest (non-paying !!) In Baita and other Vast projects are down to two directors
https://beta.companieshouse.gov.uk/company/10008001

DOBROTA, Valentina Gabriela resigned on September 1st 2020. She had been a director and metallurgist since 2016
Still named on the VAST website as the general manager at Manaila

Have tried emailing Beaumont Cornish as the listed NOMAD, but the mail address listed in the RNS bounces back

Can anyone please suggest a reason why VAST have stated two separate admission dates for the placing shares?

Antharry, it also strongly implies there is only one institution in the running - not the way to get the most competitive deal and leaves VAST up the proverbial if they pull out with a lengthy time span to find a replacement
Poor planning/management

Sorry Starvest autocorrect - I feel for you (not ideal)

Starvest, ideal for you as I've always considered you as one of the good guys

I really want to be positive, because the 3.5%ish Cu equivalent grades suggested by Craig's tables are pretty damn good but AP always seems to find another hole in the bucket
Nick Hatch and Brian Moritz as 'independent' board members should be shouting from the rooftops

Antharry, maybe a marriage made in heaven - maybe they both follow the same accounting and budgeting standards

Yrabs, in your case surely it would be delivered in brown envelopes by Thunderbird 2

What's happened or is different from the RNS 7th September?
The costs of the financing deal due diligence etc should already have been known, so should have been budgeted for
The only change I can see is around the bridge, so logically, if everything was on track before, the majority of the money must be the cost of repairs/fabrication and the cost of lost production
That doesn't make sense though if the bridge repairs are going to be complete by the 18th, so logically, we needed the money anyway but AP didn't tell us that, just tried to cover the shortfall with new excuses

Aimofthegame 'a Final Term Sheet could be for the business.'

Big phrase in there - could be

Based on past history, that phrase becomes very very nuanced

Mind you, there wasnt any mention of shares going to institutional investors (!!!l as part of the placing, nor, surprise, surprise, any directors participating in the placing

Starvest, to be fair, there where no warrants stated in the RNS

I'm sure it would be illegal (or at the very least a series breach of AIM rules) to issue any without informing the market

Touched a nerve there did I Baits.? Wonder why?

Aimofthegame, as the SP receded back from each of those spikes, maybe those stats suggest true value of the company is between 0.15 and 0.18 - any higher any you maybe the next one spiked

And Baits, with over 13 billion shares in issue by Xmas, your 1.2p would imply a market cap of over £150M.

Over 8000 posts and you still believe (or try to tell) fairy stories - you should be ashamed

Baits that's horse manure and you know it
Why, after releasing a production plan 3days ago, does this RNS suggest that some of the money raised will be spent on changing that plan by increasing the speed of development down to level 19 ? Do they actually have a plan, or is adjustable by whatever spin needs to be added to justify shareholder dilution?

Maybe hes raised now, before first sales of concentrate from Baita, as contractually AP Group don't have to contribute to any of the costs ???

Rob, AP has already brought in the cash - hes just raised more than the 7th Sept RNS implied that Baita was going to generate as surplus cash

Are you a plant for Axis Capital or just a plant?