Member Info for Sarahlamb1

Pecten,
Yes of course. I was merely trying to point out to those that will say, the raise is coming, that vast have enough to allow for that if they didn’t convert from the latest raise therefore putting that scenario. The dreamers will be out in force soon saying’ a raise is coming’.

Pecten,

Hi. So yes they are funded for this.
However if they don’t convert and just ask for interest I guess the amount help against this possibility will be held pending the possibility of it happening early Dec.
So covered as planned or money in place for Dec raise , so vast won’t have to come to the market hopefully. Wont atlas normally have decided by now , ie end of month, being end oct?

Hi.

Did I miss the fact that atlas were possibly meant to convert their second amount at end of oct?
Ap raised the last amount to allow for this plus working capital. If I’m correct, I may be wrong with figures but 750k was allowed for atlas and rest working capital etc.
So I’m im right and atlas don’t convert them vast would have just paid them 29k interest and therefore have the money for end nov incase they convert then
So on this basis even if atlas convert we are covered, furthermore the cash generated from month 1 production will in fact be substantial, less running costs.
Perhaps I’m wrong but it’s a very good result either way?

Hi max. /shrimp

But does one have an opinion on my point.
I simply don’t understand why it would not be possible based on my scenario, which to me confirms that investors belief in ap is so far removed that if we had another ceo would we be at 50 on the news we have.
I think this ceo will propel this company big time now all the ducks are in a row.

Max,

Yes I have build up a bigger holding than I should have. That’s for sure.
I have been slightly worried , nownim glad I have.
Naturally the issue is when do younsell
Ggp as an example should have never gotbto thenprice where it is based on no revenue and ownership. 1billion. It’s simply ridiculous. I accept they have great potential,
Now vast has probably similar debt, I haven’t looked. The potential is bigger considering we have so much out there.
Anyone Care to correct me please do as generally interested in where we are.
Also vast about to nine a monster that is worth ten time’s cost to date, with immediate cashflow rising every month and now we are only mining 5%.
Forget the ap past for now, If this had a new ceo today that was say the third in line at Rio tinto and he was called in with what vast have to offer would this share reach 3.20. Which is the multiple of ggp from .60 to 24. Please somebody tell me why.
Only reason 14 billion shares but like max mentioned there was a company with 34 billion shares that 15 bagged etc.
Genuine questions here.
I want to believe that just because we haven’t got a top exec from footsie 100 why can’t this share hit 3.20 in comparison to Ggp.

Sandy, max,

Whether 600k orn700k or more I am just so glad this will happen after four years of pain.
I wouldn’t mind if I had £5000 here as it’s a punt. . Dont get me wrong it’s still a lot of money.
I have chosen to believe in ap. been a bit worried at times but that’s mainly down to negative posters, although balance of good and bad is what this site is about.
I have watched the proactive rns back twice today and studied the body language and the answers, expansion on that also.
This feels right to me at last. So right.
1. Production a cert.
2. Money to break even at least. Second month considerably more, no need to cover atlas from then, still prepared for one more raise. Can live with that end of Nov as bigger picture.
3. Finance on proven concept
4. Further funds from bank to expand the poss jorc , it’s a potential monster bp, and so acknowledging’ and this is the best bit’
He won’t waste money paying out millions on jorc a for the sake of it. Make money. Balance company then with proper finance or profits spend on furthering the playing field.
5. Manaila , we know we will have to build a plant to create a 30% swing in profit from loss due to transport, again with profits or tier 1 finance.
6. Further finance to exploit ziagra, farm in agreements bla bla.
7. Zimbabwe
8. He is thinking like a successful ceo at last. He even admitted his part in what’s gone on really.
For me we are on a great journey , yes there will be breakdowns in the mine and some months less than we thought.
We get rid of atlas through revenue and we will be debt free or we get finance soon.
Or we get finance spring when a bank can clearly see we have consistent improved production, have cleared a considerable amount of atlas, it’s a no brainer for any finance house at that point.

Happens every morning at the moment.
Precten.
I wasn’t being specific, was just hoping that the figures in that rns that sandy referred to is what actually appears. Here’s hoping.

Max,

Hi. Sorry forgive me being thick but don’t understand the last part.
Thanks Re life changing. Would be great for everybody who has been here for ages.
Look I hope all get profit but really it’s the long holders which I hope, end up smiling.
It’s all a risk eeh,
Max did I read in one of your posts that sadly you sold up last year or have I got that wrong , will you be jumping in for anymore?
I am in as far as I can be without selling the family silver.

They can take it to hell and back , as long as the amount that sandy mentioned from the rns, in sep( forgive me sandy if I got that wrong) arrives in vasts bank account and then share price moves up lol , then I’m a happy bunny

Evening all.
Ok so one day down of maybe 14 til delivery. Hope it’s less.
I’m being a pessimist and planning
1. Rns.
2. Cash in bank. By 20th Nov.
3. Not enough cash so raise in order. However just for atlas conversion. , not for cashflow , at last! Let’s face it it’s debt reduction so
Nobody should be annoyed as what else is ap to do.
If he had to raise them more in bank when next pilenof cash comes in.
I’m just saying let’s be cautious. Better to plan for the worst then all the de rangers can stay in bed.
5. Finance confirmed after second delivery , proof of concept etc.
6. Zim signature Feb allowing for covid, new bloke and Xmas and holidays.
By March you chaps can fill your glasses at the wine bar I hire and you can all smile as I pull up in the new 911. ??
Or the Capri. ??

Anharry

Nice post! Exactly what I’ve said when I’ve sent a few negative posts a while ago.
Good luck all this week and next. Been a while. Even fantasy might pop up and say’ all is forgiven ap ‘

Think we all are. Expected a lot more movement here. Goes against the principle in a way of this aim market.
1. People
Love investing on hint of production or a licence etc. Where are they today.
2. People don’t invest when ther is production as it’s spike driven.
Can’t win here. All I can imagine is that 99% of investors still don’t believe production is actually coming and think ap is making it up.
So therefore it must be like a horse race. All the investors are waiting with their piles of cash and the horses are lined up.
Bang the gate goes up and the investors rush in with their millions and vast sgare price goes up ?

Well my purchase today, again! Lol has showed at £2992.
Think that’s mine ,

Can you believe this.
Vast are possibly in their best week to two weeks and hardly any posters since Friday apart from a few and myself.
If this share had a hint of bad news and the whole world and their aunt would be on here slating ap. poor show

Max.

Indeed. Could this mine be much more than the ltholders thought.
Interesting few months ahead.

Max.

Indeed. Not familiar with the detail of that company but indeed very encouraging.
Interesting point you make about people wanting to believe in vast.
Has a way of pulling you back in doesnthis company. I believe that most unhappy posters on this board keep wondering exactly that.
Here’s to a better week.
To be honest the one thing that I have absolutely finally absorbed is the fact that a week ago we were still wondering how on Earth this company could keep paying atlas.
Now vast can in theory service atlas which takes the negative away substantially.
It’s still a big obstacle but once the fear has been discounted for investors there is plenty of upside.
One would hope that this will be fully recognised on Monday.

Max,

Yes good point. Just saw the news.
Here we go again.well it will be be worth the wait

Will be a great night if it followed the pattern of ggp graph.
With 14b shares maybe not but my god if ap had his ducks in a row then watch this space

Sandy, pecten, max.
So after reading your posts would it be fair to say I should book the wine bar for a grand drunken night as we are nearly there?

Sandy, well you’ve made my day.
I have been studying that rns in Sep , had a look yesterday but always nice to hear it from a knowledgeable poster.
Thanks so much. Can have a bottle of bubbly now in anticipation!

Sandy.
Hi, but then on the basis of your answer what are we going to receive
Month 1
Month 2
Month 3.
After mercuria and other costs please, justbto wrap thisnup