Pdub, I have been here since March this year, sorry if i've not been around long enough to have an opinion. However my opinion comes from the remarks they made regarding the strike.
Ive always said it would take three to five years to get best out of Vast and yes Im in it for long term come what may but its frustrating to say the least. When I said four rights issues thats over last few years. Applegarth hope youre right and a bounce is in back ground Vast is dirt cheap at this levels. id be buying but no more cash atm.
I just want Ap to come up with a plan and if I was CEO all my energy funds would be to get BP up running and share the plan vision. Looks like T2 is definitely tied in wi BP as we would have got the money by now as originally we could have had the drawn down at end of July then Oct then November probably later this month or Jan. Still very frustrating at this price. dirt cheap for new investors.
Brad, this will bounce and bounce hard . I’ve been away for a two days but will be topping up fomorrow. These prices won’t be around for much longer,IMO. Gla
We got great assets and AP done fantastic in obtainning these assets Blueberry BP and Eureka and Marange diamonds but as I keep saying we dont really know whats happening no plans for BP or Eureka as yet all in Aps head and the people round him. As I keep saying we need to get BP up running and show tunover and cashflow and profits. There is a plan but we dont know it so we keep second guessing and the sp keepings falling. Another three days like yesterday and today and we definitely in 3s and if no news til end of Jan could be alot worse than that but hey ho its Chrsitmas and us shareholders dont mind a 50% fall. if fantastic news out tomorrow and we went up 60 or 70% we d only be back to where we were. A poor showing in my oppinion. Dont think interims will be something to smile about either. I really could not have predicted this with Diamond news and Eureka and BP all in bag. my god we should be flying but you mist ask yourself why is the sp so low and its because theres uncertainty no profits or cash so until good news comes our way sp is heading one way only.
We ve had four rights issues and borrowed 4.5m dollars so about 9.5m take that off 23m and we left with market cap of 14m look at sp and at same price in 2016/7 a few years ago.
Dodge if you right and we just sitting here waiting for news at end of jan Feb and nothing coming out til then only interims which I dont think will be much good maybe a showing of profit at pp but as we all know that is feeding Eureka so not much happening. I would have thought BP plan out but think after all delays AP needs to not over promise but my god its like radio silent here and we know what happens to sp if no good news people just get feed up and sell like 10m sell today. Not good at all.
Come on AP get BP into production and lets get cracking. AP said a back that in bigger scheme BP only small part of company well to me at the most its the most important part as we need to generate profits and cashflow and show that Rom can produce cash profits to pay for the interest on loans. Id go to say its vital to business atm. Get the plan out surely and get it working producing in six months or less. Surely we got cash to get it part producing while we wait for T2 funding. AP said it would be end of Oct then November looks like struggling to get for Dec could be end Jan or Feb maybe even march we all guessing as we dont know a deal so guessing at everything atm.
Hi Buddy hope you wrong as we could be on our knees if you right regarding Feb 2019 we need results info now whats AP playing at. Surely someone can put something together. I was under impression that Diamonds would be a matter of months away not 12 months away.
AP should know exactly whats happening at BP hes been working on it for nearly four years and 10 months on Eureka we need to get things flowing now not 12 months time. Seems like ages we been talking about new equiptment for Manaila.
At this level of shareprice ap wont be raising money on any rights issues. What must the people investors think who stumped up 1m quid at 0.64 and 0.53p thats how to see your investment fall.
News desparately needed and plans for Eureka bp and marange.