Member Info for Pecten11

Hopingforbags - shouldnt that be ' hopingforthelicense '

Andy1200 'I’m happy to go off the JORC'

As VAST have still not published, as promised by AP, the JORC on their website (just a select summary) , I'm sure you know that there was nothing in the vital measured category and the indicated/inferred only showed 3-4 years mine life.
I said as the time, I would be very surprised if any bank would lend against those criteria and expected VST to be told they would have to do a major infill and extension drilling campaign to prove viability

LockerRoom, sadly you're posting on a mining company bb , where it appears, the vast majority of other posters have no concept of what is involved in ore beneficiation - that there are many different processes that can be used and that one of the primary jobs of any mining company is to work out which is the most efficient I.e. lowest cost/highest grade/lowest impurities for their type of ore - in other words, the process flowsheet.
Alba, saying the can produce a 20.7 gramme per tonne concentrate is positive, but still leaves many further questions to be answered.

Not as much fun as ramping the ar$e out of the share though........

CoolMax 'Insider buying showing in L2.'

That's one of the funniest posts I've ever seen on LSE - do you believe in the tooth fairy aswell??

Please read the RNS for your own good, this is gold concentrate, not good dore
It's like a trenching result, until they process the bulk sample, you dont know if its representative either

Sarah, iirc, the last set of accounts put a value of $0 attributable to Manaila

Fantasy - really? Have any of his other interviews actually been proven to be 100% accurate.

Though at this point it cant get much worse

Wildtiger 'The directors have bought over £3m worth of shares not that long ago '

Think you should have done better research before posting factually incorrect info like that - Brian Moritz bought a measly 20k worth of shares (we know know why it was so little) - the others weren't bought but issued based on a purely internal ( non audited) valuation of Baita - and even at this SP, puts them ahead of what they'd invested into buying the asset in the first place

Rob, lots of things have been 'anticipated' under APs reign - how many have come to pass?

I anticipate that Heidi Klum will see the error of her ways and move in with me.......

Mark, I guess you're a client of Axis (judging by when your posting history starts) and realsise that you're sitting on a fat loss from the last load of placing shares.
Smell the desperation

Mark 'heard whats going in internally'

Another claim of inside information Mark??

Or just another pat from the cow

Sorry fella - nobody deserves this - just black humour ( if you're allowed to say that these days)

Chris, maybe this might have helped??

https://www.specsavers.co.uk/

Rob, you got one word right 'spin'.......

Tiger, could the jurisdictional exposure possibly suggest that Botswana Diamonds take over the Chiawadza concession??

Understandable that a 'high profile' banking institution would have had doubts about gaining Zimbabawe related exposure?

Chris - sorry fella, your post seems like the epitome of bad timing........

Caselogic, the problem is, I cant think of any legitimate reason. Admissions in two tranches normally occur if a shareholder vote has been needed at an AGM to increase headroom - that wasnt the case here
So why does someone need some shares early??
The only thing I can think of, is that they need those shares to close out a position. But that would imply some sort of insider dealing - but surely that can't be true.
That's why I've asked on a few occasions for anyone to come up with a legitimate reason to put my doubts at rest

In a word - yes
And no one has been able to suggest a good reason why this non-conditional placing was arranged to be admitted in two tranches with two admission dates - which imo should raise many questions as to why

'As one of the major conditions precedent to drawdown, the Company will be obliged to raise at least a further USD6.2 million of equity to be invested alongside the Bank and in contemplation of this requirement the Company has today raised £4,846,579.90 gross through a Placing of 3,671,651,439 ordinary shares of 0.1p in the Company (‘Ordinary Shares’) at a price of 0.132p per Ordinary Share (the ‘Placing Shares’).'
https://www.lse.co.uk/rns/VAST/update-on-asset-backed-debt-finance-and-placing-to-raise-16348-million-before-costs-71z3wb08532ql4j.html

Farmer, I'm well aware of the history
'Obviously there were gonna be massive issues and delays with this.'

Maybe Covid has caused further delays and issues, but your 'massive issues and delays' were already happening before Covid

Antharry, you can be a cruel so and so, referring posters back to their own previous history.......

Jeez, dont do that to me!