Member Info for Pecten11

Jimmy, have you seen This is Spinal Tap??
Maybe you could turn the ramping up to 11??

Puts your post in perspective Jimmy.....

RiP - 'so increased production will send revenues flying'

Care to try putting any numbers on that prediction??

Antharry, apologies for the off topic, but thinking about something less risky than VAST, what do you think of Busselton in the 4.15 at Cheltenham today?

Antharry apologies - I Hadn’t looked at the date, was just messing with the thought of your alter ego

Alter-ego Antharry - relevance??

Jimmy - '"We also have one major agreement on value addition (of diamonds) which will be signed by the end of this month,” said Minister Chitando."'

Value addition will be to so with processing, not mining of diamonds
See General Notice 322 on the Gazette

Call for Expressions of Interest from Diamond Processing Firms for Venture Capital Financing with MMCZ (Firms Selection) DIAMOND VENTURE CAPITAL PARTNERS

MINERALS Marketing Corporation of Zimbabwe (MMC7Z) is a statutory body that was established through an Act of Parliament
MMCZ Act [Chapter 21:14], withan exclusive mandate of marketing and selling of all minerals produced in Zimbabwe except silver and gold. In line with the Corporation’s strategic initiatives towards increased value addition and foreign currency generation, Minerals Marketing Corporation of Zimbabwe (MMC7Z),wishes to provide venture capital to an identified partner for Diamond Processing.
The Minerals Marketing Corporation of Zimbabwe now invites eligible Diamond Processing firms to indicate their interest in
partnering with MMCZ in Diamond Processing in a Venture Capital Agreement. Interested consultants should provide information demonstrating that they have the required technical capabilities, facilities, qualifications andrelevant experience to process Diamonds.
Short listing criteria then follow

Jimmy, can you point me to where it says that VAST have applied for an EPO?

"the MM are holding it back to fill some orders!!"

go on give us another one, I'm sure you must have a list to copy and paste from......rofl

As it was a delayed transaction, the timestamp means very little- could be a buy, could be a sell

Mark - can you please quote when any one of your predictions have come true????

Apart from dilution what do Prem and Vast have in common??

Has PREM ever had a market cap this big (or even the last five years) ??

Sandy - thanks for trying to map out a valuation. Whether your methodology is correct or not, I agree that Tiger's criticism without offering an alternative POV adds nothing.

However, the challenge I would offer is to your 20% discount to the suggested valuation. VAST stated valuation of the JORC cannot be used as a straight line tool imo, as the confidence in that figure necessarily has to be low, as the resource is only indicated and inferred - the current JORC itself is only based on 20 holes of, iirc, about 50m in length ( 48 mm core diameter ).

If all miners were valued based on 80% of their indicated and inferred resources, the valuations of some AIM resource companies would explode ( and yes, obviously I'm aware that jurisdiction, infrastructure and commodity pricing would influence that). However, I'm also aware that I dont know enough about the sector to suggest with any confidence what a more appropriate % discount figure would be - further expansion drilling to increase scope or infill drilling to increase confidence would surely be a logical step

I'm surprised and disappointed that VAST havent as yet given any detail wrt what the ongoing drilling plan is for 2021 (never mind 2022+). That would be one step that could support a forward looking valuation

Sandy, Mark and similar have never posted a factual analysis of VAST - as he's apparently retired and apparently invested, you would like it logical that he had the time and the rationale for posting something positive, rather than the vacuous posts more akin a teenager with pocket money

Sandy - I posted the link as it was tangentially related to VAST and copper but also said it wasn’t specifically in relation to VAST
As far as the possible effects - I just suggested Mercuria would be wary- that they would likely increase the checks they make on consignments, which I would think logical. It may turn out to be beneficial after VaST make multiple deliveries that they become a trusted supplier?

Not just about VAST but any copper suppliers
https://www.bloomberg.com/news/articles/2021-03-09/trader-buys-36-million-of-copper-and-gets-painted-rocks-instead?srnd=premium-europe

Thought AP had been quiet....... lol

At least Antharry is up front and you can match the ticker to the time of his post

Mark, maybe try this - https://fantasy.premierleague.com/
At least then your 'predictions' won't cost people money, the way they would have if they'd believed you over the last twelve months

Eric, never mind counter productive, it’s morally questionable

Mark, so why have you been wrong every other time you’ve said a Zim deal was imminent??

I know what they say about a stopped clock ....