RE: Most undervalued share on Aim ...7 Feb 2023 10:33
Steward, after so many years, the diamond news is undoubtedly welcome, especially in terms of timing, re the debt cliff in May - the more considered approximations of value mean they should pretty much cover all the debt - personally, I think actually getting the money back to VAST Plc isn't going to be straightforward, but it should be able to be used as collateral in the shorter term.
I've long advocated the need for a lot more drilling at BP, but wasn't aware of the license conditions make it a necessity - though as usual, we haven't been told anything about the drilling that was meant to take place last year Q2/Q3 - maybe it has been done and that's why they've been able to start bring the copper concentrate grade closer to the needed level (25%-28%) - imo, they should release a mining plan presentation, covering drilling, grade, revenue etc, to show what they are trying to achieve. Its so long since any 'investors' have had anything meaningful to look at re BP. - would think Q2, BP may break even - Q3 maybe VAST at topco level
TJK may surprise, but as normal, investors are given minimal information, allowing the sentiment manipulators plenty of room to speculate
Sadly, historically, AP's podcasts are always more hot air than reality - like an estate agent really - as he knows, he cant be held to anything not RNS'd - if the company is in a better position, put it in black and white
Does that answer some of your Q?