Member Info for Pecten11

GG, yes that's possible

Very very sloppy mistake though. Maybe the verbal, non-binding was also a sloppy mistake

'Please correct me if I'm wrong but the conversion price would have been calculated according to the terms of Bond agreement and is not directly reflective of where the sp is currently at.'

The revised bond agreement allows Atlas to convert at the lowest SP (not VWAP, just lowest point) minus 10% at any time over the next 20 trading days

Joey, just pointing out facts to anyone who chooses to read and understand them

TGrus - dont forget they still owe Mercuria around $4.8 Million at 7.5% interest as well

Steward1 'impending re-financing which by some accounts is imminent'

Do tell Joey for how many months VAST have been trying to refinance?

Steward1 'Time to buy in, though!'

As you are so confident, I'm sure you wont have a problem publishing your buy when you make it - so we all can see the level of that confidence?

Sandy, if I was being cynical, I would suggest the mix up if the dates would be VAST receiving the conversion notice on the 6th?
That makes a similar gap to admission date for the other conversion notices

Mmaf - how do we know it was Atlas that lied ???

Anyway, verbal non binding is about as weak and ineffectual as you can get
AP " Atlas, your not going to convert more bonds next month, are you? " Atlas " yeah, whatever"

So when there is so much noise trying to drown out the discussion of facts - beware

Doesnt mean the discussion is going to have it right (they only have the same officially released info to work from), but ignoring it can be harmful to your finances - not just VAST but all of AIM

And they can still convert more at 0.27 - for 20 trading days after the low on March 3rd

Either the 6th is wrong and should be the 16th or VAST have sat on the conversion notice for a week ?

As the £56k is a delayed trade it could be anything - based on the fall in SP, more likely a sell

Either way it's been filled, so it's in the price

Steward1, in principle of course the extra revenue is welcome, however, if you dont know what's behind it or where its come from then it provoke questions

Two legs good, four legs better

Steward ‘ even suggesting that the extra revenue makes the financial position "far more perilous".’

Please read my post properly - I said without the extra revenue the financial position would look more perilous

I’m trying to get to the facts, not flights of fancy‘what if’
If any company isn’t giving you straight information it should make you ask why

Sorry

However,if it was all the Other Project Revenue it would and should have said so - eg contributed by TJK

By not doing so implies to me something else had to form part of the other revenues but then, as Baita is Vasts only live project that doesn’t make sense.

That’s why I said that the company is being deliberately unclear, which should make you or anyone else feel uneasy.

The question of what the Other Revenue is has been put to Andrew Hall and as yet remains unanswered

Without this extra revenue declaration the financial position of the company would appear far more perilous, with cost for the Quarter likely to have been 2.8-3.0 million dollars imo

Hi Steward, our previous convo obviously disappeared......
The RNS said a contribution from TJK and that would have to be all of, or in part what falls under the other project revenue
Hiwever

Maybe as the Chinese are invested in so many African infrastructure projects SAVE will be better prepared having their own Mandarin speaker for any interactions rather than relying on third party interpreters

Jarv, I didnt actually say it was overbought buf yes, some stocks can stay overbought for a long time until they correct, but they will correct at some point
What I said was the RSI was high and if there is any fall in momentum then support is a long way away.

I didn't I was looking at the hourly - that can be the problem with charts, you can sometimes select data and ranges to show any POV

Jarv, at least you have the skills and knowledge to try and back up your point of view - wish some others would take note
Thanks