Member Info for Pecten11

Ok, the 4.9# of earnings relates to Aprelevka

Point taken

However, your RNS extract states that VAST will receive a 2.5% commission re the PGM

That is most different from your implication re ‘PGM first sale (4ton) revenue to Vast’

Now you will say you didn’t state how much VAST would receive - so the suggestion of misleading (by omission) still holds

Dicko ‘PGM first sale (4ton) revenue to Vast’

You’ve been peddling similar lines of late

I believe the deal is that VAST should get 4.9% of EARNINGS from the deal - not revenue

Do you know the difference or just trying to mislead?

Bond-investments when the latest tranche of shares are admitted to trading VAST will have a little over 1.2 billion shares in issue - if it hadn’t been for two consolidations in the last 37 months then that figure would have been around

73 billion shares in issue

Horult - rofl

Don’t think ramper - bot David will get it, won’t compute on his top 100 ramping phrases checklist

David - got any links to facts to back up that 200 million value - you’d think if AP had any proof he would make it available to investors - you know it is his job after all

Ifiknew - nice one page website with no financials or named client companies offering the testimonials - inspiring of confidence …. Not

Might well be legit but the website tells you nothing

Kever - a few maybe but the profit would have been very small and volume has been low - now, however, kerching ….. unless you’re left sitting on the spike

234,500,000 shares due to be admitted on Friday

The placees must be sending the rampers thank you messages. - unless of course they happen to be one and the same…

Lostsoul so you are taking a third party news story posted on Morningstar as fact when VASTs own RNS do not suggest Mercuria as offering the restructure funds.

if i was Mercuria i wouldn't be happy about VAST signing an offtake with Trafigura - what about their long standing deal and VASTs obligation to be repaying the debt from each shipment

And why, when VAST are desperate for cash dud they not agree an upfront lump sum from Trafigura fir the new offtake which would have been common practice

200 billion now is it David?

If you’re not careful then making up numbers like that may qualify you for a job as CEO…..

Any evidence provided by this PUBLIC limited company to justify either figure? Or is it top secret and has to be kept from shareholders

Kever surely your oh so previously accurate and real (sic) contacts at international diamond auctions can provide an update with the sale of the historic package?

Or is the Swiss investor another spectre to allow you try and get another trade away at others expense?

Some will remember your history…

Anyone can look back at the history of VASTs two tranche placings - the volume of pumpers arrives (who have got cheap placing shares as Axis clients) to stimulate some volume so they can offload for a 10-15% (more if they are lucky) - then as it closer to the second tranche being admitted they disappear leaving the new bits of confetti in the hands of the unfortunate as the SP sinks, leaving them underwater below the actual placing price

Maybe someone should ask why a CEO of a company with a claimed NAV of $200 million (where’s the evidence btw) has managed to destroy so much value in the company that now has an mcap of £2M still has a job?

Does that sound like an individual you want to trust and rely on?

Still a client of Axis then techguru??

The two tranche tango that AP has pulled off for years must have made you a few quid

Still not sure which is the most surprising- that he’s still is position or that nobody has stopped the whole two tranche thing - then again, another CEO might not have been able to keep raising ‘lights on’ money with ‘the next good bit of news will be good’ stories so maybe other companies do want to recruit his ‘special’ talents

Should be ashamed of besmirching the reputation and legacy of the White Rose with your guff

Sandy unfortunately some people seem to want to live in an echo chamber - confirmation bias gives a warm snuggly feeling

Shame about the rest of the real world going on outside that bubble - maybe interacting with that gives a better sense of perspective

Btw thanks for being the one to try yet again to bring Stockportfred back to reality…. Maybe one day

Mick - obviously it’s upto you (and you won’t see this) but I’m not one of Jake’s aliases as Troajan should be able to confirm

Probably on your list after replying to some of his posts many months ago

Ifiknew - ‘plenty of possible news’

You’re right - there is outstanding news due re the below from the company’s RNS -

‘In order to show good faith towards repayment of the Creditors and to provide a possible solution to the Company in the unlikely event of enforcement of security in favour of the Creditors, the Company has agreed with the Creditors to request Shareholders for such additional authority to issue shares as will, at a margin to the current share price, enable the Company to raise up to US$9.4 million so that the Creditors can be repaid in full. The Company therefore is requesting Shareholders to approve the grant of authority to issue shares which, if issued, would raise sufficient to repay the Creditors should it be necessary to repay the Creditors by this method..

In addition, pending the ultimate receipt of the proceeds of the historic parcel, the Company requires a further US$1 million as working capital.

The Directors therefore propose that authority from Shareholders be requested to issue, up to a nominal value of £8,400,000 of share capital (equivalent to 8,400,000,000 Existing Ordinary Shares) (Resolutions 1 and 2), which if issued at par value for each New Ordinary Shares would raise £8.4million, or approximately US$10.5 million - sufficient to repay the Creditors and provide the necessary working capital together with a small additional margin..

The Directors would like to stress that the authority is required in order to give comfort to the Creditors. ’

Hmm wonder why someone needs to get posts deleted when their posting history is questioned?

Embarrassed?

Ashamed?

Guilty conscience?

Or just guilty?

Philosophical ‘Therefore when a relatively senior Rio Tinto exec. builds a stake’

What proof do you have the David Jones whom the TR1 concerns works for Rio Tinto - lots of people with that name so unless you have a conclusive link then I call that bollo@@s

Stockportfred’surely it's time to get Blueberry open ’

Please explain what you mean by get Blueberry open - what do you believe is involved??