The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Not a lot of happy posters today eeh.
So people jumping ship again.
Even for the most hardened of positive posters I’m beginning to see a picture here.
Interesting that lee is back when the s..t is really hitting the fan.
Could it be that even when production comes next week the share price won’t even rise. This will of course mean a long wait. I thought this time it would be so different. Thought we weee in for fireworks.
There just seems to be no interest in this company.????
1. Jorc. No change in price
2. Annual accounts. No change.
3. Production. Can anyone out there muster some support.
Yrabs.
Forgive my asking but can I understand this.
We are hopefully giving 350 to 450 tonn to mercuria. What the value please do we expect.
Then over coming months we ramp up to 1200 tonnes.
So if we don’t get the finance and still rely on atlas
Can the rampednup 1200 per month cover all of atlas convert andnif they don’t can vast really clear this debt over the next year in order to get rid of vast.
That’s what I need to understand ?
Simple and clear ,
Would you be kind enough to give me your thoughts. Apologies for asking
Very interesting reading these posts.
So please correct me as I have a fraction of good posters knowledge.
So my understanding is.
1. The mine doesn’t have as long as hoped.
2. More raises , more shares which will reduce value of the mine over the coming months.
3. As the mine has limited time banks will look to get their money back quick smart so less chance of funding that we hoped for?
4 good side, further revenue possibilities etc etc within the mine.
5.please add anything ???
Must say I’m totally shocked that vast have put out an rns of much detail
And only one poster.
Has everyone sold out? Lol
Pecten.
Many thanks.
See the company accounts are out!!!
How many will be going through them now.
Evening all.
I can’t find the info that states the tonnage
Month 1,2,3,4 etc
And the total expected revenue for these months.
Could anyone help?
Thanks
Afternoon all.
But why haven’t vast got an independent person to do this, again why is this another nail in the coffin.
Surely a top tier bank won’t accept a member of the board carrying this out? Then again vast must have had 5nis conversation with the lender and they I imagine have assessed Craig Harvey or whatever his name is Nd indeed accepted his credentials.
I can5 believe that this can’t be the case, any thoughts sandy on this at all.
In fact even thinking this makes me angry if vast stuff this up and haven’t asked the lender what their position is. Surely not!!!!!!!!!!!!?!
Many thanks. Well so much this company will tell us over the next two months.
In the end this comes down to finance i think. Without it I can’t see where vast can go. Do you remember what the 350 to 400 tonnes of concentrate roughly equates to.
And an i right that it’s going up to 1200?
Fantasy,
I will be next. Lol.
If I have to fall on my sword then so be it.
Part greed part hope part potential that is it was clearly there.
I so hope I’m
Wrong and all the long term holders do well outbof this
I think old ap will be having a fake beard and other disguise if thos gets worse as it appears so many holders feel that he has continuously been playing them.
I still think he fully believed or believes he can create a large company and has dragged this company kicking and screaming to get here, could have handled it so much better though. Here’s hoping!!!!
Where is castaway ? Lee Morris. ?
I might need to get in before sandy, if course I am of little knowledge compared but my out with a shed load of shares is mid jan.
maybe before unless we start getting some real truth.
My bigger worry is my own stupidly in believing this crap for so long when got outbof ggp just before it started goingbup.
Truth is though I would have sold after 100% profit, which would have been 1.2.
I do hope I’m wrong. Maybe stick to what I know.
Starvest. You and me both
Holding at 16/17.
I’ve seen a few go lower on news like this
I thought we might be at 12 by now so not as bad as it could be.
Yes I can see your point re more lies Re the 50 questions but at least all of us , we must be all of a decent intelligence, can gain some clarity reading between the lines.
Today was a kick where it hurts but I still think this is all part of a bigger picture.
Maybe the mates have got in and mms are making a mint of this type of nonsense but there must be some good news around the corner , not sure I can see the corner lol. Oh yes there it is, closer you get the further the corner goes away.
I’m still holding.
In the end it may be the ford not the Ferrari. However I made the call, aim is a filthy sespit full of thieves , but some make great returns like ggp, eua. One still has to hope or sell at big losses. I choose to stay and see where we are after Xmas.
My prediction for what it’s worth.
1. Production 15th Nov. Allow another week from the 7th just for history sake.
2. Jorc, 7th. Nov. no rise. Maybe 5%.
3. Production Dec better than first month.
4. Raise again. For the sake of atlas conversion only. So £750k. No drama there as we all read the agreement. Nobody can complain.
5. Production jan better
6: finance agreed after three months of sustained production.
7 diamond historic agreement or signing.
Probably no signing but agreement from past.
8. Price by feb after fourth month production. .56.
Shoot me down but I will print off and see how it’s worked out.
Good luck all.
Anharry.
Looked at the message. Survival ? Don’t even know how that word came up.
Must have meant something else or be writing as part of the next sentence. My phone cut out at some point so wasnt sure if message went at all.
Fantasy. Who knows. I’mstill looking at the next two weeks but I’d be lying if I’m not very concerned about what’s next.
All I know is he needs to do one of those interviews where he answered 50 questions from us. We need answers to many intricate questions now!!!!!!!!
Is anyone in contact with him as I think this is what we need. Definitive answers. No bull. Still holding as believe this will come good for sure.
Will he do a podcast today?
So Johnny.
Whats the expected income from no against thisn900k a month.
Exactly Alan.
Today is a bad day but I have said this before and goes to my point that I constantly repeat , you can fund a Mining firm on air. Yes here we go again but it’s whatbit is. A company has to pay its staff And have running costs and mines aren’t straightforward.
And atlas may convert 750k,
I get everyone wants to slate ap, okngetbit but in your rants at least understand the point here. Survival n
Computer.
I see your point exactly but honestly I think if ap had asked for 10 to 15 million. The investors would have run for the hills.
He has adopted a simple kick down the road approach fully believing I imagine that maybe a year ago, ie mercuria hadn’t pulled the rug, six months ago, zim would have signed.
Do you honestly think he didn’t honestly think that either of these and more wouldn’t have comenoff and he would have had to go to atlas etc to beg to pay terrible rates.
I don’t think so. However it’s not good I of course agree but history is history. If we were still in the same, ‘ we are going to mine soon’ then I would be spouting the same stuff as so many investors.
However he is a week or two away from production thatbwill only ever ramp up.
And do you lastly believe that zim won’t comenoff now Mark has gone off.
Truth is whether it comes on or off isn’t my man concern, I would rather know as an investor as much as you.
Tnis will be conformed or denied Soon enough I imagine. Then maybe mark chap will address the historic claims at least and we will see a trade off. I can live with 2/3 mill and no zim deal rather than keep listening to the hope.
Just outbof interest does anyone hereform part of an investment Chat room.
Computer.
Of course not. I didn’t say that. I’m simply saying that companies of any size lie and tell shareholders all sorts of nonsense.
Iag probably knew that they were going to need to do this and that but did they tell shareholders at the time. No!!!!
And for the last time ap inherited a dog!!!!!!!not his fault. If the same ceo would have stayed we would be finished.
His job has been impossible, he’s had to do all he can to get to this point, and all people can say is he’s useless.
As the king said’ walk a mile in my shoes’
Now please stop all the pointless negative crap. If your fed up then just sell.
No doubt when this pops all the negative people will be saying’ oh well ap did stuff up but aren’t I clever’
I wish you well. Maybe a bit of Buddhism might help the frustration.
I’m on champagne in anticipation
Oh for all the other guys and girls I’ve order a few crates for when this gets past 1. Your all welcome!!!!
Or the week after, or the week after that or just for good measure let’s add another week!!!!??