Member Info for Pecten11

Gm67, it's exactly the same as when I challenged him last week to provide evidence or a link to back up his position re a diagram he admitted he'd edited to show his own interpretation - the reply - 'I can't be ar%%d' - 'I'll keep my research to myself '
He/she has always been a negative agenda poster - albeit more subtle than most, but petulant when challenged

Agadem, I'm no expert either (and don't purport to speak for everyone!l) but as the resolution was passed at the AGM they could have instructed Mirabaud to perform a buy back, but the resolution does state they have no intention to do so (in which case, why ask for the authority to do so??)

'Resolution 11 – To approve the purchase of the Company’s own shares
This resolution would, if passed, authorise the Company to make market purchases of up to 149,361,621 of its own ordinary shares, representing 14.99% of the current issued share capital of the Company. This resolution specifies the minimum and maximum prices at which the ordinary shares may be bought under this authority. This authority will expire at the conclusion of the Company’s next annual general meeting. It is the intention of the Directors to seek to renew this authority every year.
The Directors have no present intention to exercise the authority granted by this resolution, but the authority provides the flexibility
to allow them to do so in future. The Directors would not exercise the authority unless they believed that the expected effect would promote the success of the Company for the benefit of its shareholders as a whole. Any shares purchased would be effected by a purchase in the market and may either be cancelled or held as treasury shares, which may then be cancelled, sold for cash or used to meet the Company’s obligations under any employee share scheme

Not sure if its LSE's glitches this morning but for some reason my post disappeared

Why is the RNS quoting ISO 18184:2014 (E) when the updated standard is ISO 18184:2019 'Determination of antiviral activity of textile products'
Best case, it's a poorly written RNS, worst case, the masks don't meet the new standard

Fred - hopefully this is just shoddy RNS composition.
ISO 18184:2014 (E). - THIS STANDARD HAS BEEN REVISED BY ISO 18184:2019

Why refer to an old standard?

Chairman Steve Jenkins quote '“The countries in which we operate both have enormous potential, and we are proud of the work we have done to date, exemplified by the fact that we are already supplying gas to over 10% of Nigeria's power generation capacity,”

****************************/articles/savannah-energy-makes-significant-strides-in-fy2019-42fd5ee/

'In the first half of 2020, Savannah collected $82.1mn of cash. In the same period of 2019, this was $55.3mn. Gas dominated production, accounting for 89% of the total 21,300 boepd average.'

https://www.energyvoice.com/oilandgas/africa/256211/savannah-nigeria-gas-power/

Mcap £78M
Cash as of June 2020 £41M ($54M)

Group cash balance of US$54m as at 30 June 2020;
· Group net debt position of US$457m as at 30 June 2020; and
· Financial and operational guidance for FY 2020 as follows:
· Total Revenues[2] of greater than US$200m;
· Gross Production of 21 Kboepd to 23 Kboepd;
· Group Administrative and Operating Costs[3] of US$68m to US$72m;
· Group Depreciation, Depletion and Amortisation of US$25m fixed for infrastructure assets plus US$2.6/boe, i.e. US$43m - US$45m based on production guidance; and
· Capital expenditure of up to US$45m.

Clarity wrt to quarters not a bad idea though are you talking calendar quarters or the companies financial quarters - which aren't always the same thing

Well in that case, I cba to give any credence to your posts.......

Slift, care to provide a link to where Hurricane themselves provided this diagram, rather than an editable screenshot app?

Planted, going by the speed of your last journey, try one of these
https://www.millercare.co.uk/rascal-pioneer-mobility-scooter-red/

Colonel, the RNS states circa 5000 bopd from 7z - that is quite explicit

Starvest, you may well be right - the processing flow sheet at the plant should already accommodate this if you're correct - but why havent the BoD let us know any details??

If the wording of the RNS was more Saville Row than Primark, there would be nothing to pick at??

Baits - really - that's delusional.

Would love to see that stated in an RNS

Re kurrinz
3. The assays only measure viable ore, you disregard the rubbish.
- that's wonderfully selective, if you disregard the 'rubbish' then the assay results should be stellar %s. The 'rubbish' still needs to be mined to get to the good ore

4. It’s 1 ton of ore at a% of each metal so 1 ton of concentrate at 30% copper = 300kg
- miners don't quite get paid by that simple equation - the receiver of the concentrate still has to do final processing into end product, so the miner gets paid a fractional % of the listed metal price

'First concentrate will be produced in August 2020 in preparation for sale to Mercuria'

In preparation for sale - so not actually sold, so given probable 30 day terms, earliest revenue likely to be October

Joe, I know Krazy has been interested in VAST for a long time and does good research, but how do you know his figures are spot on??
If VAST deigned to officially provide investors with some figures we could compare, but for some reason they still haven't.
As we are now just a couple of weeks away from the promised start of production, they should now what the plant is capable of, both for initial production and what they expect when running at full capacity

How is that negative? It's just asking for information that any investor should expect at this point?

With all due respect, other peoples Twitters posts are speculation.
If the company can provide production and revenue forecasts themselves, they should have it on their own website where they are accountable.
Simple

Why haven't they done so??