Member Info for Pecten11

Alberto so your opex figure is based on estimates ((guesses))

Have you access to any actual figures from Vast to back them up?? Or links to any similar underground mines that publish figures?

If the opex was that low, then why has Vast needed to continually raise funds to keep the light on?

Btw- you quoted an $8000 price for copper - done forget that the offtaker, whether Mercuria or Trafigura won’t be paying Vast anything like that as they will want a noticeable margin for themselves

Alberto - pretty numbers- are the calculations yours, or from some ramping group on Twitter/telegram

First point, the size of the copper resource you quote was based on a grade of 27-29% - what has been achieved recently is 19-21%, which obviously suggests the initial assumptions were wrong

Secondly, where on earth did you get an opex of $45/tonne from - you would think that the board of a PLC would make that number available to investors but VAST have explicitly chosen not to - the only time they published a mine revenue/cost forecast they then removed it and told investors to forget it ever existed

And for those you are quoting APs $200m valuation - why has that same CEO, the man who is meant to promote the viability of a company, never actually published in an RNS how that figure was derived - which suggests the facts to justify it don’t actually exist in black and white.

Mizman - which year……

And noticed you didn’t say whether the news would be good, or bad

Stockportfred ‘Alpha etc have less patience than day traders on here’

That’s the funniest thing you’ve posted in ages

- just how many months/years of forebearance do you think they should give VAST ?

PopularOpinion - do you know how to become unpopular??

Post ramping bs faster than a Maxim gun - with the same amount of accuracy

Chill

Bargain-seeker - put your money where your mouth is

Post your next POLX buy on here before you click the buy button so we can all watch it appear on the ticker

If you can’t or won’t, then why do you expect anyone else should buy any shares?

“The Receiver for CV Investments made no distribution to claimants in 2023. However, in light of SMG agreeing to reduce its claim in line with costs incurred, any payment in 2024 is expected to be small.”

From Feb RNS ‘At present, we anticipate an active period of news flow across all projects during Q1 2024 and beyond."’

Tbf it doesn’t say positive new flow……

It had to be done re LCCM but those responsible for the acquisition in the first place should be put against a wall

Schlemiel -12.6million dollars or 9.9 million sterling before expenses not £12M

It gives the cash runway to convert expressions of interest into sales and gives more flexibility in future negotiations for extra finance if/when orders actually take off

Schlemiel - so your source is some random ramper on ADV#n - that in itself should answer your first Q

It’s hardly news, look at the date - yesterday when the placing/open offer shares were admitted to the market

It was already RNSd they were participating in the placing- of course it’s good news but don’t try and make out it’s something the market didn’t already know

I been watching the POLX story for a while as think the technology appears to have great benefits but surely the ramp fest today is due to the 1p open offer/placing shares being admitted to trading yesterday?

Some will say that means greater liquidity which is driving the price rise - others will say it’s just an opportunity for some to make a quick profit

Mermillions one of the RNS also then said ‘Whilst the Board is reassured by this confirmation and is hopeful of the release of funds, of course there can be no guarantee that this funding will be secured.’

Firwood - speaking from experience. ROFL

RCMP - it’s 10% of 49% - thus 4.9% of earnings (not revenue)

Stockraiser the increase looks good but as ever there are no indication of cost of production so it is impossible - apart from sticking a wet finger in the air- to know how much VASTs 4.9% of earnings will actually be worth

Mushrooms - kept in the dark and fed ……

Hi Sandy

Any news on the ground so to speak?

How does this Romanian insolvency process actually work?

What chance (he says cynically) is that this has been engineered to clear the path for Baita, complete with extended license (if granted) being rescued by a Romanian entity who may have better labour relations (Formin SA possibly??)

Yet another bleating anti- vax account

Perhaps consider this instead….

According to an official new study published in BMJ Health, Dutch scientists analyzed data from 47 Western countries and found that excess deaths skyrocketed shortly after the Covid 19 epidemic spread worldwide

IQ15.7 - the Aprelevka deal is earnings based not revenue so you have to remove cost of production etc first

But I know you don’t worry about facts

As VAST will be arranging delivery don’t forget to remove delivery costs - also remove rolling and refining costs and a margin for the buyer so the spot price or anywhere close to it won’t be achieved

Yes any additional revenue is beneficial but if the final figure was anywhere near your calculations then you can be sure AP would have been quoting it ad nauseam