Member Info for Pecten11

Jemg, the problem is RobSaunders hasn't got a great record with regards to his pronouncements - he used to be one of the worst rampers.

Probably shouldn't come as a surprise that AP himself was the biggest red flag for WHIreland - sad really
Shows the fiefdom as Sandy describes it prohibits the board from functioning correctly for a listed company, otherwise they would get rid of him in the companies interests

If the EBRD have knocked them back then really cant see a more commercial, shareholder owned bank touching them with a bargepole

Mac, can I delicately suggest that if you dont know the answer to your own question then your research into VAST left a little to be desired

IG from the 10th August RNS 'The Company continues to make sales to its offtake partner, Mercuria. The offtaker requested that July’s concentrate production be offloaded together with August’s production to accommodate shipping schedules. Consequently, the next scheduled sale will take place at the end of August 2021 and will consist of concentrate stockpiled over the months of July and August 2021'

So they've already received the two month payment on/just after the end of August

Majestic as you are so positive, why not tell us now, before the market opens how many you are going to buy on the bell?
Then we can all watch to see if the trade appears on the ticker

Bigsmoke, it's not spin, if you posted all of the RNS it would say how much money VAST need to stump up.
Not only that, it's not a producing mine, so would actually cost money on daily basis not provide any benefit to VAST

You are new to this game aren't you......

Find a new Twitter group to follow, they've left you holding the baby

Jeez bigsmoke, really.....

They are having to raise money to keep the lights on at Baita, is the magic money fairy gonna give them another $2.4M to pay for the first tranche for Ghaghoo??

MarkSidley, is this the great news you were forecasting yesterday??

Hang your head in shame

Ziqurat- Axis have shown no history of wanting to hold onto any shares, they will be (possible already have been) sold into the market. All that happens is that while the SP is above the placing price is they make profit

Phiggy, see you just want to play the man and not the ball

If you disagree with the negative prognosis, explain why?
Or if you're just here for a bit if bottom feeding swing trading, say so - its not a crime

Precisely worded the latest RNS - suggests that they only became aware of the friable zone two weeks af6er AP had said in RNS that everything was hunky dory - the truth, or a$$ covering?

Latino, the £1.76M was before costs, so strip 10% out if that for starters.

The original forecasts had Baita generating +ve cashflow by August (?) - and that's not including VASTs corporate costs.
They've now admitted that they are a way off profitability at the asset level, while trying to work round the dangerous friable zone - they don't yet know how isolated that area is.
So while production is lower (they've admitted that due to the smaller diameter drives) they still have the higher cost base of the extra employees (plus their training time/costs)

They wont be swimming in cash, more like bleeding it - how fast is the unknown, but what is obvious is that they wont have between $6.5 and $7 million bucks to pay Atlas in January. Either massive placement causing dilution or a partner buying (dilution by a different name) is the only way out

How's the moral compass this morning Mark? Still pointing out of your aris?

Do you think that continually posting that sort of thing over the last twelve months or more is the 'right' thing to do?
At the same time as the mcap has shrunk by over 70%

Very, very sad

Mark, you know the markets closed now?

Save your bull$$$$ for tomorrow - do you have any sense of personal morality - you have been posting the same thing for over twelve months in which time the mcap have dwindled by around 70%

IQ, I stand corrected, not for the right reasons, but i was incorrect.

Oxymoronic would have been appropriate

IQ, making assumptions -almost tautological...

No not a holder - have been in the past, still intrigued by the 'story' and have tried to understand why the chapters don't seem to be sequential so still try and dig out factual information - but also have a dislike of blind ramping trying to gain from a swing trade at someone else's expense, so will question false, loose or misleading posts

IQ157 -'Pecten11-you are correct. I hope you have a low average!'

although i apparently have an IQ lower than yours, I have an average of zero - funny that.......

TBH - don't know, don't care re my IQ score

so today's buy must have been noticeably larger than Fridays to get your average below 4