Member Info for Sarahlamb1

Stark,

I was saying the same yeaterday ornthe day before, it’s nonsense that the bank kept asking for all this and ap did it all before an offer was in place officially as the offer would have said, subject to raising 6m and your being in line with investors.
He had clearly played this for himself but at least he’s raised the money incase atlas wanted to convert. That’s a good move.

Re using money for wages etc there was the Oct raise, 1.5m, and the concentrate to date so that should just about be covered?
Or maybe short. But with increased concentrate around april who knows.
For me the key as I said earlier was’ why did ap agree to hold his sale of his billions of shares for a year if he was intent on crashing this company’
He in here for next 11 months at minimum.
So let’s hope some sense this week.
As long as atlas don’t convert then I think we are safe as we can be

Xcoder

Kind of you to say.
Yes sold some as I stated. But another 45m or there abouts.

Gemstar.

I have mentioned along your suggested line. Stop
Messing around waiting and raise. 20bill, 22b. 24b. It’s to many to care about. Once he was over 10b it’s just more pain.
We need to clear debt fast.
Who cares if it’s 25b. He can then consolidate. Get the debt paid ap, and get it done now. That will show investors we are producing and ramping up and we don’t have to service debt. It’s not bloody difficult. Just get on with it and pay atlas and mercuria. Then we are freeing the shackles.
If your reading this then surely this makes sense so. And more importantly give us an update now please!!!!!!!!!!!!!!!!!
Feel a Brucey moment. What do points make prizes!!
What does the truth make, happy investors.

I think there is one thing that has been overlooked here , I haven’t mentioned it as I would have been shot down whilst still waiting for the bank.
That is.
Ap did not have to hold off for a year.
Let’s think about this. He cold have just kept his mouth shut and not bothered to wait, there were posters, me being onenof them that said it’s not right that he doesn’t stand off for a year etc.
Next thing he sends rns saying he and the other bloke will not sell their shares.
So to all the super negative posters please just think. If ap was this greedy , take it all man he would have just kept quiet and by now sold his 3billon shares or whatever we’re allowed to him for .13 and told us all to shove it.
Now he is stuck with them like the rest of us at .11/.12 and they could drop again heavily if atlas convert .
This single fact is why I’m hanging on.
Whatever he is and however he’s behaved one half of him has achieved the production of a mine cheaply. The other half is terrible Re pr and empty promised.
If he gets the other 50% back we are flying. Big time. Whether he can who knows.
One thing is for sure. If vast continues and struggles for another 11 months then it’s in his interest to work his backside off.
I’m sure I will get knocked down now but I think it’s an important point to bear in mind.

Just imagine this scenario fellow posters.

1 we raise another couple Bill shares.
We pay off atlas, hold trance 2 if and when the deal is sealed.
We only have mercuria, theybwill take their money from concentrate sales I imagine.
So vast could be a serious producer with no debt taking up all the time.
Can you imagine that scenario.
Then bank finance can be sought when we have a clean sheet with 6 months proven track record of sales.
The share I’m sure would rise slowly with a positive position.
What’s the alternative. Struggle with 20b shares and maybe collapse.
Debt we must shift. People got over the ‘bank wanting’ 4m security so why not raise to clear atlas forever and be free of the panic everyday? Any thoughts?

Apd.

I agree on two point. Ap is the man with contacts and I firmly believe this.
Another ceo should come in and share price would treble if he had decent pedigree.
Ap should stay as director and deal breaker.
One has to accept the fall if you fail.
He has the mine producing which is fabulous. However he has destroyed investor sentiment.
But let’s remember his stake is down what 800k to 900k. No ceo or deal maker will take that lying down. No way.
I have a feeling, if it’s true that he’s gone to Zimbabwe, that somethings brewing with the diamonds. That bloke who worked for vast left to run the gov agency , he worked for vast for what a year, this is best chance for vast surely. Just have a feeling in my bones that there is a good connection zim.
Say I’m mad , I may well be but you never know.
Anyway forget diamonds, can vast survive three to four months with atlas holding and ramp up from april. If vast van then we are secure.
Question is does he need to raise once more? Or consolidate and then raise.
I would rather have another 2 billion shares out there and no debt quite frankly. At least the only thing all of us would have to guess then is ‘ confirmation of target concentrate sales’. No more panic posts everyday waiting for a bank to come back to us

Hi holly.

I believe as follows ,

The bank was a smokescreen, nothing takes 9 months then they say, onenof the conditions etc.
Ap used this bull to get his 20% in and the raise was to secure the fact that if atlas converted then he was prepared.
Now however he created this bull it’s a good stroke. He’s got loads in the bank.
He’s producing. And quite frankly now all the negative has gone really from the other day we are all feeling a bit better I think.
We don’t have to keep waiting for the news that was never coming but we really thought it might at the time.
Now we aren’t waiting.
We have funds in bank and are ramping up.
We need to know how much the next three to four months will cost according to cashflow, cant remember.
The key is whether atlas will wait til ram up then get paid off or some other mutually agreeable scenario which gives them a piece of the pie or mine and they stay off vast back.
It’s that simple.
Vast trade. Vast ramp up. Vast reduce debt through ramp up. Vast clear all debt. Vast in positive cashflow and new bank appears that want us not thenother way round.
In meantime diamonds appear hopefully but don bank on it.
So forget the bank that pulled out , it’s bull.
Let’s focus on our company and what we have. Production, bad cashflow with few changes and agreements could be ok and we trade through it. Share may slowly rise with production confirmation. This year I’m writing off apart from vast becoming a better company. Diamonds hit and we find a monster gem and price goes mad.
Anyway just my view for what it’s worth
Good luck all

Morning

So what will happen with the restructure. and if these shares are going to be worth a fraction of today why isn’t everyone selling at 11.

Evening all.
I think after reading many posts today a balanced view might work

1. Negative.
Ap has completely lost any hope for many, but he’s a trader not a ceo and the rest of the board just look like a load of dodgy conmen.
Thenprice is terrible and it might go private, butbwe all take our risk. That’s our fault not just his for what’s happened. Take some responsibility people. You want the returns in aim, thennits gambling plain and simple.
The bank was a smoke screen.
Ap in my opinion as I’ve stated many times had a b plan for this raise. , not a bad idea.
He deliberately in my opinion got his stake and said the bank said it was a condition, and the raise was a condition. Yes a condition and this would have been conditional on an official offer letter.
You don’t raise 4m and take a 20% stake on a word that a bank may lend.
That’s either completely and utterly stupid and naive or he’s planned it and he has in my opinion completely set out to lie to us.
For that he should be thrown putbin the street but the board will no doubt not do that. This point alone creates massive doubt for me now so I’m selling half of my holdingbtommorow. For this reason
Blatant lie. No way would any ceo do both these things without having an offer.

Positive.
Great asset
Ramping up
Concentrate sales only getting better
4mill plus in bank.
Further fantastic assets
Small debt against a mine with massive potential
Low cost mine.
Ap is fantastic deal maker, give him a position and pay him shed loads to bring the deals in. Not as ceo.
Mercuria already offtaker sonwill no doubt work their debt with us.

Uncertain.
Atlas conversion but to date nothing do hopefully this could work out, if they convert hopefully 3m max allowing oct raise and Dec raise and concentrate sales to cover cashflow.

From outside great price to buy in but massive risk at this point. Huge returns but very risky.
I’ve been in for years. Can’t wait any longer, shame but can’t risk losing it all.
I wouldn’t like to be him in a pub full of vast shareholders tonight.
Good luck all. I hope this turns for everyone.
I will need about 1.44 to get all back and have decent profit. Can’t see it but who knows in the mad aim market. Ggp up 60 fold on .60 three years ago and still no production.

Sandy.
I’m seeing this after two hours as an opportunity if vast holds.
I personally can’t stand the’ we are going to.... bull’
Now we aren’t waiting for anything like a bank.
We have concentrate and will ramp up.
We have 4/5 mill in bank
The debt is same bank or not.
One problem to get over. Atlas.
Mercuria will work with vast I imagine from concentrate produced.
Atlas is the news we need.
As earlier I prefer knowing where we are rather than the constant promises.
Wouldn’t be surprised if this slowly recovers now we aren’t praying for news everyday.
Consolation is next I presume.

Here’s an idea.
Sell manaila. Surely that would clear the debt , keep the £4m for ramp up with bp and keep reminding mines and zim.
Won’t need the bank then, massive ramp up as forecast then a real, not crap bank will come to vast, not other way round
Surely if I can’t work that out why can’t that idiot prelea

Fantasy.

Credit where credits due, you called it and many have lost seriously.
He lied the whole way through, zim will no be another ap group or something deal.
The only hope is that atlas are able to create a decent outcome as if they demand vast is over.
Wouldn’t like to be ap anywhere now if he’s spotted.
Maybe if atlas can come to better deal and ramp up with money means vast can survive without empty promises.
Let’s face it.
1. Copper mega high and in demand.
2 we are producing more and more
3 debt was the same with bank or atlas. Just better terms.
4 we have cash for ramp up and second plant or whatever it is at bp.
5. With cash we survive without promises. He doesn’t need to make any. Just make money through sales.
Forget the other mines for now and build cashflow.
This price will slowly recover up to 17 I think when people realise we are caged up and producing.
All this build up nonsense is where we go wrong.
Ap just produce and build. That’s it.

A Harry

Happy new year. Love your post.
Vast get you a bit like that eeh
I feel now great news is just going to turn up in next seven days, I say this only as aps stock is now probably £1m less I’m worth.
Whether it was given to him or not he’s not stupid enough to just not know sometning.
No way, no way. He just isn’t.
Or we are taking on more water than ever and we are on the verge of complete collapse.
I suspect and hope the first.
We are still producing. Our debt is stagnant whether bank come in or not. Just much better terms, massively important of course, but loan amount doesn’t change in regard to bank for 6m or atlas.
So hoping for all holders that this comes good.
I really think the next seven days will be the most important 7 days of vast life.
Keep all crossed. 50m of my shares in panic mode lol

Sandy.

Happy new year.

Re your post I agree.
Vast will either be paying atlas fornthe months and months where they didn’t convert. Indeed I think by memory a poster worked this out recently and concluded the amount owed to atlas from non conversions etc is possible 6.2m. Could be wrong but sure it’s near if not.
So let’s pressure the new bank want vast to get their house in order, hence asking them to raise 6.2.
Ok then there is still a shortfall. Maybe atlas have agreed the other million or two through sales of concentrate or maybe vast will need to raise, but in my opinion ifnits the latter ap won’t look bad at all if the raise comes as part of the great finance offer the bank will hopefully offer.
Yes a few will say’ raise’ if and when bank make their offer but how else does vast get cleared , which of course will mean vast apart from mercuria will be only debt
Other scenario is bank day no and ap has allowed that money to pay atlas and neg the rest maybe from sales and mercuria the same.
Good thing is concentrate month one and two I presume got covered in the 450t first shipment ? So Dec to come then we start to ramp up in March/April big time.
So although I’m as fed up as most here it does seem to me that ap had both the bank and no bank covered I imagine.
As long as the cashflow forecasts happen we would get through I hope and at worst by may hopefully vast will have good cashflow and then a real tier 1 will be calling with great terms.
Interesting week ahead. Rns I imagine either way.

Anyway nice to see over 50 trades already today compared to yesterday.
Off to start opening the champers to slowly start the new year.
I hope there is some news for all posters today so we aren’t left for three days wondering about possible atlas conversion on an rns at 7.00 am Monday , hope not.
Happy new year to you all. And a prosperous 2021

East side.
Well yes still here but I’m £5000 less here than yesterday.

Orni couldnhave got it all wrong.

On Monday he will say

Bank confirmed.
Second concentrate gone
Mark has confirmed Zimbabwe deal.
And price still stays at .13. Lol.

And maybe just mention at same time second concentrate sold just to give us some confidence still.

Morning sandy.

If they did the why would they still need to raise down the line. Their cashflow is sufficient and atlas would bear enough be clear and mercuria would no doubt as i think you said agree to take debt from concentrate sales?
I just wish he would today, last day before conversion tell us the van are in or not and the 6m that I hope is still in the bank plus the 1.5 raised in oct wil pay atlas off and then the market will see us in a good light?

Anyone have prelea email by the way for anyone to writebto. Does he reply to anything

Morning guys.
Thanks to you fantasy, Mrk,viii, Xcode,computer.
You all very kind putting forward these companies and I will be looking at all.
Decided to sell £5k of vast as a start and Got started.
Reading this mornings posts seems the drawdown now won’t happen as he proposed before end of year , and atlas now will convert perhaps asap?
He obviously new this would happen and raised enough to pay them off if bank didn’t come through.
I imagine the bank must have asked for the 6m to stand beside their loan , or perhaps just told us that as opposed to just saying!’ I’ve raised 6m justbincase’.
Actually a good idea he had then as guess what, atlas will now convert.
Question is now. What will atlas do immediately. Convert , they are owed what 4m with six months worth of conversion, share price will fall when ap announces this on 4th jan?
Or bank do confirm first thing on first working day that vast have loan.
Point here also is all the loans will be clear apart from mercuria and then price falls below .10 and then outbofnaim.
He doesn’t need to raise as mercuria will still deal with vast and take debt from concentrate but us shareholders will be stuffed and cant trade any shares easily.
Nice plan. But how does that affect the billions he has when we aren’t in aim potentially. Same as us unless he takes it private.
So I imagine if the bank haven’t offered by days we’d latest we are stuffed and dhare will collapse , unless he says the money he raised has cleared atlas nearly, they will leave the other 2m for now and vast can survive without a bank.
That’s the only two scenarios inthink?
Anyone agree

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