George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Perhaps you need to do a little more research MU345.
Directors haven taken more shares, they’ve received shares in exchange for the AP Group holding in Vast.
Vast sell Cu concentrate, which we expect to be around 30 - 35% Cu, so the price is about a third of that of pure Cu. Divide your revenue expectations by 3
Please do some research. Start here & read more RNS.
https://www.lse.co.uk/rns/VAST/letter-to-shareholders-and-notice-of-gm-31rplmv9a4jjwpp.html
Mellow isn’t associated with Vast anymore & hasn’t committed to holding his shares. He only held around 6m prior to yesterday so hardly a big investor. Keep an eye out for future TR1 to possibly confirm he’s sold & fallen below 3%
I’m surprised Castaway didn’t also include the gold. Don’t forget there’s 3g/t per tonne of rock mined which means at full production capacity that’ll be $2.5 million revenue per month.
The only problem being of course, the 3g/t isn’t present in every tonne of ore mined.
But when you’re making up values who let’s the truth get in the way of facts.
BP is an excellent mine & Vast presents a fantastic opportunity for investors to get on board at current prices. We don’t need traders with a personal agenda like Castaway to attempt to mislead by fabricating potential revenues
Sadly a very realistic post that accurately sums up where Vast is. Massive potential at BP, but a CEO who's lies have been pointed out by many, & who is engendering more fear than should be the case in a company that is about to enter a probable game-changing period.
All the dilution has unfortunately made Vast into a trader's share & it will IMO remain so until we see consistent production close to 14K tonnes of ore processed per month & a finance package that doesn't emanate from a corporate Wonga lender