Member Info for Pecten11

InvestingGenius (cough,cough) 'Target is cashflow positive operating mine by April 2023'

Well, that's more realistic than IQ15.7, but they need to have made approx $8.7 M company profit by that point to be able to pay the debt obligations- if they dont (and your own projections say they wont), then any shareholder will face yet further dilution due to needing to re-finance yet again

You can sense the desperation to increase the volume of trades to try and churn the 164,000,000 placing shares

Nothing that wasnt already expected or already published- still no numbers/revenue/profitability expectations no matter what other posters might say - they cant provide any factual evidence/links as VAST doesnt publish any

From when they are/have been tradeable is pretty insignificant compared to the huge 652,000,000 number of shares and the weak volum of trades - gonna take an awful lot of churn

Well that answers one question - thanks for the honesty - so you did participate in the placing - explains the now now understandable ramping to try and make a profit for yourself
Now you just need someone who has done no research into VAST to sell them to

Onaplate your generosity of spirit shines through :)

Techguru are you purposefully ignoring the 652,000,000 shares due to be admitted on 14th Nov at 0.225p?

Techguru 'I think'
Based on what, or is sticking the magic finger in the air the latest tech......

While PRD and its assets undoubtedly have potential, that is one of the most fantastic RNSs I've read in a while -

InvestingGenius 'Expecting maybe 0.23p up to 0.4/0.5p quite quickly next'

Why?
VASTs own broker could only get the 652,000,000 shares away at a near 50% discount - that is a reflection of VAST, its projects and management and as a company

IG 'It comes with decades of experience as a professional equity trader'

All that experience but yet failed to understand VAST and thought he had 'bought the bottom' at 0.4

Pumping like mad to try and get out of the loss and has admitted, if he vet the rise needed, may then turn negative about the company
Obviously a trustworthy soul to follow - I'm sure he will try to tell you the 652,000,000 new shares have gone to sticky hands, where all the evidence from the many previous placings show this isnt the case

InvestingGenius (cough, cough), you obviously have no idea how many posts like yours that Sandy and myself have seen over the last few years - and guess what, none of them have come anywhere near reality

It's understandable you desperately grasping for straws, due to being underwater, but trying to sell a recycled fantasy tale to let you get out is poor form - simply put VAST had, iirc, around 213 million shares in issue pre-consolidation, they have since, in 18 months, further diluted shareholders by a factor of 10, so even without SP movement, £1 would now be worth 10p
But you claim everything looks good? Genius? I'll let others decide on your moniker......

Troajan, I've queried that myself - the last Q&A they said that they hadnt increased much and Sandy, who lives in Romania, has said that although prices have risen, it not to the same scale as the UK - I'm guessing at least partly through Gov subsidy.
Cant help the breakeven point though

That isnt to say that another spike and drop wont happen inbetween, but in wont be due to business fundamentals

Following on from Sandy's post, if you consider the debt repayment cliff next year, then they would need to roughly triple the level of monthly revenue that Sandy has speculated to have a chance of making payment when due - otherwise, as some have previously suggested another re-finance will be needed, undoubtedly at shareholders expense

Miffy
Current copper metal price in USD$
https://www.lme.com/Metals/Non-ferrous/LME-Copper#Trading+day+summary - this would then be positely inflated by gold and silver credits
Then divide factor grade of concentrate .
Then further reduce by Mercuria's margin ( they have to make a profit, as do the end smelters/producers)

Shipment is going out earlier only in comparison to the fact it was going to be late

It's good that the shipment is being made, but it was meant to happen in October in the first place, so spinning it as turnaround info is total bollo×××

InvestingGenius (cough, cough)
'There isn't anyone left to sell.'
What about the 164 million shares that were admitted at the end of September - they're in profit. Due to the relatively low volume since, then have they all been churned yet? What do you think is needed? 5 times the placing volume just to absorb those shares? It's not oversold on the RSI?

Gemstar, asimple occasionally has a good point, but sadly has a very fragile ego that cant admit a mistake
Shame really, cos it makes discussion/argument fairly pointless, which is somewhat ironic for a public bulletin board

InvestingGenius (cough, cough)
The increase in production is good news, however, it is from such a low level that the increase needed to be much larger, especially as they've had all the kit required
At this rate, they will not be able to meet the debt repayment cliff next year - and remember Baita is held as collateral for that debt

How overwhelming - slightly more concentrate produced in Q3 but at a noticeably lower grade

Still can't sell on time thus cashflow still affected.

Still bleeding cash every quarter

Conveniently avoiding any $values, or for that matter any information re TJK - even AP giving up on the distraction tactics?