Member Info for Rob1967

Wish it was mine Raz.
Things certainly livened up after RK”s quality sleuthing works .
Have a good weekend all.

Looks like only a few at AGM to raffle APs feathers. Im glad we up today on another 300% and Ill be back level. I hear AP said he would not issue shares at this level but he also said he was not issuing shares around 0.5p and he said he was getting an investor on board Bergen bet as soon as they can make a quick buck theyll be selling. AP said lots of things and he makes it all sound very good like. The companys in best shape ever per last podcast to Andrew Scott. I totally agree AP companies doing blooming brilliant and what I hear we can pay salaries this month. Think the workers deserve theres but the board they ought to miss out until share price is back at 0.6p

So salaries being paid this month gives me great confidence that everything is going great guns. Well done AP thats why he was voted Top CEO.

At least sp up which is a bit of releaf. for those that have sold out theres plenty of time to get back in. Ill be selling a few of my shares if we get back to 0.6p and seeing how things go.

A question what happened to the 1.5m pounds we just got from bergen thought that was for BP and I suppose the £1m for trucks to keep lights on. So cash wise we should have another £1m for diamond projects hidden in accounts somewhere.

We not really got many answers from AGM just a few snippets here and there but finishing on a positive at least shareprice went up 10% yesterday and 19.35% today. as I said its roller coaster time.
Have a good weekend to all shareholders especially the LTS for have suffered massively this year.

Nice find RK, shame the company haven’t told us, same us the $500k funding .

Etchosketch, lol...think his twiddly knobs are broke.

IH, the difference is Ophidian says it before not whilst or already happened.

9) Cash elephant :-)

8) announce dividend details

Well done Knuttie, we’ve had far too many “fruitcakes” on here lately.

I hope the offtake comes soon and we get back to 0.6 believe me and hope a recovery is on the way. I hope the diamonds come good as well and i hope BP is as good as AP says and everything else.

AP said by this coming December we could be a mid tier mining company that implies a market cap of around £200 to £300m in my book. so maybe 20times todays share price or thirty. Time will tell. He also said that Vast could be turning over 20m per months I hope so. some more bald statements as we cant have another year like 2018. but then we could have 10billions shares in issue if things dont go our way and if things go our way we might have 10 to 12billion shares. time will tell.

Under mercuria deal AP said that he would use £1.5m for BP to get up and running and £4.0m for Manaila new plant but if Manaila new plant was going to take 18months to 2years to get ready and still not giving huge projects why would you do that would make sense to plough money into BP where AP said cash flow £1m per month in company refs profit forecast of £11.00m for 2019. From my talks to AP 18 months ago he said BP could make £10/12m profit a year.
We only have his word for it but to me hes said so many contradicting things I dont know how true things are.
Mercuria said theyd plough more money into BP to get it up and running sooner. Again we only have APs word and until we see profits we just dont know as I said its a gamble with AP and his first 12 months have been a disaster for us shareholders. A blood disaster.

What happens if the new offtaker only lends us £2m or £3m remember Vast mc was in mid twentys when we got Mercuria we only around 9m atm still a big ask but time will tell and they will want security or billions of shares as a warranty Id say.

Alternative is to concentrate solely on BP forget about Manaila trucks and plant until BP running forget about BergenT2 and Blueberry and Zagra and Diamonds until BP can pay for debt funding and other projects is it that hard. The alternative is lets borrow and issue billions of shares and when things go sour just issue a few more billion until lights turned out simple as that. As I said before seen great company go tits up because they borrowed too much. What about 2008 crisis when people borrowed 125% mortgages it was ok until economy turned then people had their properties repossessed its exactly same here.

Believe me I want Vast to succeed but my god is AP making hard work of things. The shareprice says it all and so does issuing billions of shares. But the problem I have is AP does opposite to what he says.
1) create shareholder value sp down 75%
2) no dilution so issues billions of shares
3) cut costs so costs go up 35%
Think that says it all another ROY with what Ive seen and thats in his first 12 months what does the never 12 months hold. Well if he is not careful the company will go under. Lets see how much we offered on this offtake but it wont be like Mercurias offtake.

DId anyone go to the AGM today how was AP anything to say.

AP could end up issuing another billions shares if things go wrong well tell me whats gone right upto now delay after delay and yes things always take longer than you think and he has not got tunnel vision there will always be problems that Vast cannot account for and costs that was not budgeted for.

He must think he can borrow his way out of this hole and nobody will notice. he just a salesman will tell you anything to get what he wants. he says BP will be producing in H1 thats 9 months from the date we got BP no promises and dont hold your breath. I hope we get bp working tomorrow as we desparately need that cash but Mercuria must have seen something in either Vast BP or AP that dont stack up.

So the new offtaker will be very weary of whats gone on and wont be just dishing cash out right left and centre with the debts Vast is holding.

Yes I agree with all you say and have been saying it for months now borrowing from Peter to Pay Paul and it gets worse as the sp is so low now who in right mind would lend AP the money he needs when Vast is burning money like jam tomorrow. He needs to hold off on Diamonds and get BP up running its gunna be a struggle. As I keep saying seen many a great company go bust because they have took on too much. AP seems to be blinded by this after all he said in Jan 2018 no dilution no dilution like Roy did and whats he doing twice amount what roy did and lower levels. The share price has been destroyed by APs decision making. A totla disaster what about the other board members are they just puppets to APs wisdom. Hes lost credibility hes had 1.5m from begen to get BP running, hes got the 1million pounds from the trucks. hes got the million from the diamonds which we dont know what hes using for but what ever it is we need it for BP. Am I only same person round here walk before you can run.

Its like going into a store buying everything on credit card then not being able to pay for it so why not get a new credit card and stick it on there but borrow twice as much and everything will be ok for a few months but we can always get more credit cards and everything gunna be fine.

bassguy, imho, we need news for this to have any substantial rise.
Brownfield, dividends, jse ,mockopane could land anytime.

pb940, we don't know, what it does show is the plant needs more care and attention.
Hopefully this has now been addressed.

Just took 10.000 Nick.
Cash Elepant...stirring :`-)

Raz10, the price is mainly where it is due to the large seller holding it back.

Ophidian, you need to get out there and do a month of freelance work.
Great golf courses also.