Member Info for Pecten11

Caselogic '..i think anyone that trades or invests based on comments on a bb is an idiot........'
Well in principle I want to agree with you but reality shows it not to be the case - a recent example being the reddit / gamestore imbroglio - the rise wasnt based on fundamentals
And they are some self confessed 'sentiment' traders on here....

Chapel the concentrates are separate lines - copper with gold credits (Smaller amount of silver credits), zinc with silver credits(smaller amount of gold) and the lead line won’t be running till later in the year iirc - it’s based on what type of ore (mineral content will vary by ore type) they are extracting, storing in silos until they have sufficient to run through the mill and flotation circuits.
Tbh- I don’t know for certain that they have started to produce any zinc concentrate yet- I think that was planned for when the second tank was ready but we haven’t been told that yet

Chapel if you look at the price per tonne quoted by Craig it’s Cu%Eq iirc
i.e. the price of zinc is lower than copper, the gold and silver are credits in the concentrate (not separate products) so Craig has calculated an average basket price based on an average tonne of concentrate

Afternoon Chris, so you think the 2.9 billion shares admitted on the 23rd Dec have had enough volume to churn through??

nom / mick - thanks. Thought I must av missed something cos wouldn't be like you to make a mistake!

Morning nom - cant open the Washington Post article so may be missing something, but isn't Lima the capital of Peru??

Generally an RTO is when a smaller (mcap) company buys a larger one, or a shell company buys one with assets.
So dont think that relevant here imo

Arsenal - RTO =Reverse Takeover , not return

Are you sure?!?! You portray more positivity than they do - or is that just because you kinda always get the feeling AP is cross his fingers whilst he's talking!!

Chris, there are so many things they could do - RNS how many new staff are being recruited any why - RNS about how many holes are being drilled and where (and by when) they are drilling to prove up the exploration target - put the JORC on a part of the website investors would expect rather than hiding it (and stop trying to imply any of it is under the measured category)- provide a timeline when the second flotation tank will be up and running - even a puff piece talking about safety (and hopefully no LTI) since they recommenced mining - explain how they generated the fx gain and is it likley to be reoccuring.
and thats just for starters - thing is they don't NEED to engage, cos they should have funds from the last monster placing in the bank at the mo

The lack of clarity is what breeds distrust

Hey Laptop (Chris) - do you make more money from your Twitter page or through trading?

very, very unlikely to happen, majority of shares are held by PIs - would need to make a very attractive offer for them to vote to accept.
I may express my doubts and question somethings posted, but don't post or agree with attempts to scare

Could be worse caselogic, if you look at WRES today - they are producing too (chunk of debt though)
Our friend Laptop15 posting his own tweets there too.......

Chris by all mean mention the things in the half year that can be construed positively - but my point is credibility of the articles explodes when using hyperbole like spectacular - it smells of desperation

Chris- seriously??

Anyone describing the half year results as spectacular surely needs a reality check - the ramp is on....

B3ENTL3Y, if your company is genuinely on the verge of insolvency, my sympathies to you and your team.

However, your view on VAST, especially as a claimed LTH is astonishly blinkered as you appear to ignore the huge amounts of dilution imposed by the current BoD that will affect the potential returns of any holder

I know the market looks forward not back, but the sales growth rate needed to justify the current mcap is simply astronomical.
Sorry for those who have bought in on the recent rise - you are gonna need to hold for 3-4 years at least

Rob, I guess those figures were produced by the accountants at numberspluckedoutofthinair.com??

Caselogic, it was with Atlas, but expired on 1st Jan

From 10th Nov RNS
'Under the terms of the Bond Issuance Deed, since 29 July 2020 Atlas has and continues to be entitled to exercise conversion rights. Atlas has informed Vast of its intention to exercise certain conversion rights and in the event that Atlas excercises these conversion rights then under the provisions of the Bond Issuance Deed the Company has the right to cash settle. However, against the background of Vast’s progress on asset backed financing the Company has agreed with Atlas that in consideration of the right to settle the principal outstanding on the Bond Issuance Deed (including a redemption premium calculated to be in accordance with the terms) for certain stage payments and then a fixed sum, by 31 December 2020, Atlas has agreed that it will issue no further conversion notices pursuant to the Bond Issuance Deed prior to 1 January 2021.

Reaper again note 'Company has the right to cash settle' - they chose not to

MS, totally agree it laughable - just gave got ****ed off with people posting fanciful, or just plainly incorrect info to try and sucker other people in - they are the most dangerous people to people's wealth on AIM - after certain company directors of course!!!