Member Info for Pecten11

Ant, in one way at least, he is like every other VaST shareholders- he is currently under water.....

Why the delayed notification?? Always smells strange when that happens

One fact not mentioned is the API of the oil - I dont know the specifics re Trinidad, but in general terms a lower API is worth less to the oil refinery
When people weher talking about the netback to TXP does anyone know what quality of oil it was based on ?

As was pointed out by Invest4theLT (??), the same quantity of shares that Atlas as due to be issued were sold/transferred on Friday.
Expect another $50k conversion notice today ?

Gug, from your link

'WRES reported quarterly production numbers for Q2-2021 from the company’s La Parrilla
tungsten-tin mine in Spain. The numbers indicate a record quarter for tungsten production with
all tungsten related metrics showing a considerable uptick from Q1. This includes the all-
important tungsten metallurgical recovery which increased to 47% (a 32% increase over Q1)
beating our 40% estimate. As a consequence, La Parrilla produced the highest tonnage of
tungsten concentrate to date. The water issue that hampered access to high-grade ore has been
resolved with a new dam and pit de-watering, and a permanent solution is being designed.'

Tomlin = Tonlin, sorry

Troaj, sadly hard to say. There are figures available from a March 21 presentation but there has been very little wrt to whether reality has met forecast, although further delays have been caused by pockets of friable ground. If taken at face face, the presentation suggests production costs of $5000 per copper equivalent tonnes which is very promising , however, one of the major challenges though is an inability to get quality lenders interested, so they are currently faced with a default in January as will not have sufficient organic cash generation.

Tomlin, I'm sorry if my interactions with certain posters have played a part in your decision, but I dislike letting certain agendas go without challenge

So if I'm reading this right, JS now owns less than 5% of the company but has a large spreadbet open (only he knows in which direction)

goingunderground "Yes, that would be crazy. There are many other companies other than WRES. I'm sure you understand that"

yes there are other companies, although that statement doesn't tie in well with this user ID on LSE, as it only posts on the WRES board - which would suggest you only post here to be disruptive or unless of course you post under other IDs??

goingunderground did you really just post yet another message on the board of a company that you have stated you have no interest in ever holding its shares ??

that's not funny, imo that's just sad and pathetic....

Echo, why should it, Mr O'Farrell acquired his shares back on the 5th November, its just taken him over three weeks to issue the TR-1

Not sure how people get away with issuing a TR1 so late after passing thresholds - never feels right

Thats sort of the point, trying to find a positive by purely quoting the quoted trade price volumes can block the reality that the SP is down over 9%
You will find all sorts of muppets who will try to say 'its MM manipulation' - which is total borrocks by people talking their own book or ignoring reality

Toqs - i dont blame you for the cut and paste, but I hope you know how it is determined whether a trade shows as a buy or a sell isn't a statement of truth?

Although the %change in the published mid price SP can be moved by nothing bar the spread, a 9% fall, with a 2.% spread strongly suggests that the true value of sells outweigh buys, no matter what the trade algorithm prints (never mind delayed prints)

Toqs - if you believe your post and the truth of the figures you quote, would you care to offer an explanation of why the SP is more than 9% down ??

CalmSeas what % do your group hold?

Jemg 'and Prelea is about to get his hands on them'

Based on what? Any link to anything factual?
And are you suggesting AP or VAST would get their hands on them?

Bitcoinbuyer 'Starting to look very cheap now...'

People have been posting similar sentiments all the way down from before the consolidation, so where they correct then?

It's only cheap if there are good reasons why it may increase in price in the future - at the moment the threat of debt default is more likely

Stew, as far as I aware, the Atlas bonds are only secured against Baita Plai (happy to be corrected), so even if they default and lose the asset (which Atlas could then sell on to get their cash back) , they would still have Maniala, albeit on C&M and would still struggling to bring that back to operation

Bb123, even if you are looking for a technical bounce rather than an investment, you run the risk that VAST will default on their repayment of the Atlas bonds in January before any bounce happens