Member Info for Sarahlamb1

Hi pecten.

So forgive me if I’m wrong but your saying vast will bring in £105k per month after costs on this mine , do you know the approx spend per month of this company, I had info but can’t seem to find it, salaries are 700k per annum I think

And does anyone remember the initial amount. £700k?
Per month? Then was getting tampednup to 14000 tonnes per month? How much does that come in at?

Yea I do feel slightly wobbly at times.
But I really believe in this company now.
Luckily I bought a lot at better prices.
My view on ggp being so high is for one reason. Newcrest. They have the farm out agreement. Newcrest 70% ggp 30%.
If vast had that we would be over 1.44 I’m sure. That confidence reduces risk for investors.
I have a sneaky suspicion. Just my gut telling me though that mercuria might be waiting in the wings to come in somehow.
Once we have say three months of producing and it gets ramped up they will be queueing up.
Now I don’t know if production will be good but if we have monthly revenue we are going to fly
Furthermore we have low debt now and diamonds are the icing to sending it well over 2p if we ever get it, that’s of course if we have indeed jumped up to a second level from regular production. If we got diamonds today and we still didn’t know about production day then I suspect diamonds would spike this to 40/50 then back down as the reality of what happens next in zim scares people.
I will be selling the family silver to add more. If it fails I’m off to Spain to drink wine and live a simple life ! Win win either way. One decided thenother. If it succeeds like ggp I’m partying 24:7 and gonna get me a permanent butler with only a bow tie on and champers all the way!

And for those that may say I may only trade a few shares I have over 50m so great faith.
If it all goes wrong, well life is a risk.
I could have bought a porshe instead but innthe five years here the porshe would be worth half, vast similar. But my porshe will not multi bag!!
I’m gonna keep buying and will happily remind the few that when it spikes and keeps spiking that I’m enjoying great champagne and wasnt I right!!!!!

My answers to various points.

Mid tier. 250m to500m

Remember ggp are 1billion off no revenue and no mines. Just licenses. Important of course but no reason cast couldn’t teach for the sky.
But yes nobody trusts vast.
But nobody trusted ggp and their ceo fornyears. Raising more raising.
So for all those that keep going on about raising. You can’t create a successful mining company without it in so many cases as castaway and sandy and knowledgeable posters have said time and time again. It’s cat and mouse.
Then at last we have a mine about to produce.
Look atlas don’t lend money for nothing.
Yes they are earning shedloads.
Hey do you think I could go to a bank and say’ I will pay you loadsnof interest and I have a good mine’ lend me 14m they would??????? Get really to those fools who think atlas would lend to clowns. This is tough business.
Mining is a dog for most lenders. Risk too high.
So
M
Ap has made many mistakes but as ive said many times most of his errors are probably as a result of the guy before and the true extent of what ap inherited was never clear so he would have had to go anywhere where people would lend.
Let’s not forget he brought a massive mine to vast when it could have collapsed.
Yes he has 20% and yes he doesn’t pay any running costs. So what.
We have a route to 27 other mines as he’s trusted by the Romanians. That’s the bigger prize.
Ggp were on their arse for years. Now look.
Gervaise the ceo didn’t inherit the turd that ap interited.
Excuse spelling. Walking the dog. !

Beginning to think I’m thenonly holder left who thinks this company is going to be mid tier next year or year after

Afternoon all.

Two questions to
Anyone who knows enough.

If ggp can go up 40
Times to from . 62 to 24p when they have no revenue and they own nothing at all then why can’t vast get to 1.44 easily.
We will have massive revenue starting and we own a 100m mine. And other stuff.
Please explain anyone ?????
Also we are so close to first revenue.
The minute we produce 700k of revenue tjis company comes out of technically being insolvent

Nothing extraordinary.
Maybe .16 start. 18 if lucky but I don’t think we will have news til 20th October period.
However then I think it will be news after news!

Gb47.

Lol , made me chuckle. We need a laugh.
Fantasy, perhaps your right, more promises but I think we are so close, and one poster said it perfectly earlier.
However good we will be in a month and every month there is zero trust so however good the possible news is nobody believes.
I believe it will start shifting after Xmas big time.
My ref earlier wasn’t comparable to ggp in any way or my forecast would mean our prive will be 6p!!! No way.
Simply that we could move over a six month period.
Ggp no income, no mine.
Lot less shares and great ceo.
I would rather have a good mine and revenue and a stable ceo.
We have
1. Mine owned.
2. Near revenue
3 great deal maker
4 better chance of diamonds
5. Great other poss mines.
6 and the hardest, a ceo who has to prove himself as somebody who doesn’t keep changing the goal posts.
7. Finance.
I think this is gonna be terrific or he will spin another yarn. So hope the next month is as predicted. Share will spike onnthe news!!

Agree with needing certainty with vast.
My feeling is if we have the 150 tonnes and vast either reduce mercuria debt or deposit funds and we don’t need to raise anymore then we have monthly revenue ramping up I can see by end oct .35.
Then a fall back to mid to late twenties as profit takers out on force thinking’ im not missing my profit this time with vast’
Then second months production back to 35/40s and then people will Tnink , actually this is good and buying will start seriously.
Slow rise like ggp to xmas rising to 60 as previous poster said.
End of year we hover there.
Now let’s presume then all is running well and vast are paying themselves and mercuria is happy, no reason why not
Then I see diamonds starting to shine and then that is where we go over 1p then fall back and slow rise through next year mid 1.50 plus. Subject to the board running this well.
Too be honest most boards struggle to juggle
Money and look good so if there is continued revenue companies start planning properly as they CAN.
Thoughts fellow long suffering posters?

Caselogic.

Forgive me I’m so sorry
I didn’t mean you!! I meant spot on, To your points the two previous posters I was referring to or others saying what was said.

Anyway I wish all of you well.
I’ve had my day, fingers crossed to all the negative and positive posters. Let’s just hope we all get rich

Caselogic.

Spot on. It’s all greed.
Like those two posters before , if you don’t like it take your money sell and bugger off.
You keep saying he is a liar, then he will keep lying so sell!!!!!!!! Before you lose it all.
No younwont will you, just keep moaning 100% but not sell to recover your position somewhere else. You still hold as like then rest of us younstill think you would sell and then it shoots up the day after.

Look who cares if his salary is 500k or 200k.
That’s the deal. He brought 80–% of a mine and holds 20% and we pay the costs
So what.
All ceos lie and spin and deceive as most of us would if were ceos. It’s life. It’s greed and these people are driven.
So mp’s and drug company bosses are perfect.
Let me put it another way.
If vast hit 1.44 next week you moaning sods would not utter a word. You would take the money and say you are all clever and isn’t ap wonderful.
Take your money somewhere else.
We all took the risk in aim and a badly run company three years ago. If you bought sooner then you didn’t research enough or ‘oh here it is’ you thought you could place your £5k in vast andnit would jump to £100 as they were promised a mine.
Too conclude anyone who put their money in vast over the last five years new the risk. Tough! Same with me. I took the risk. Live with it.
And would you rather ap have said
‘ oh fellow investors I have inherited a real turf here. The previous ceo was worse than awful and we have massive debt and a load of promises from Zimbabwe and there is little chance that will come good, oh and also fellow investors we will
Need t raise shed load over the next two years as nobody will touch us as we don’t have any revenue’ ‘ but don’t worry I won’t lie to you as I’m an honest bloke’
Come on. Get real. Everyone lies in the hope that they can steer a company with great potential but with terrible legacies.
Please.

Sparster

Nice one. Yes agree. I’m buying a salsa bar and dancing my way to the funeral home, when vast hits 1.44. Well hope I’ve got 50’years left ,

Look I’m as frustrated as all longbterm holders, I have a shed load of money in this that could have bought me a porshe but I believe this will come good.
Greatland was crap fornyears , remember it went for five years doing naf all. Then went up then fell.
Everybody was ****ging the ceo fornyears including me. He looked like he was full of bull on his videos with proactive.
So let’s just hold and realise where we are.
Yes ap has made massive mistakes but what ceo hasn’t
Remember Alan sugar, and the ups and downs he had. Tottenham football club.
Everybody kept mocking him. Now look at him. Billionaire and he’s riding high amongst others.
Vast company was a dog and people forget that. Ap took over a company that was on the verge of collapse under the ceo before, that was terrible.
He had to negotiate through a hell of a two year. Remember he brought this mine to vast and others. Let’s not forget this.
I have moaned like most on here but what gives people the right to say he is awful when he has inherited a terrible business
It takes years to correct badly run businesses.
And for those that jump in and say
‘ Pickstone was a great business. We were chocked to death with that crap deal that left up exposed’ we have written off 30m of debt with fisposingbwith that headache that gave us directly no income for another five years.
So can we all just get behind this company.
We have a massive mine and the rights to 27 more?
Greatland have no revenue and licenses.
Yes the ceo there has done well but we could do so well with zim and this mine and ziagra etc.
I will give this til xmas allowing for further issues. If we raise again then we do. Yes believe it or not the company has to be run with money from somewhere!!!!!!!!!!!!
Perhaps the terminal moaners would act like Snow White and take no salary to support their family etc. Oh you people will go to heaven as you are so good.
Can we just stay positive. If you fed up sell and put it in ggp as that share I imagine will be 1p as people keep saying. So off you go then to another company.
I think of cast like Man City. They were awful for years against Man U but were always going to come good with tight assets. Now look at them. Man U are way off them.
This could be vast!!!!! And my Ferrari not the second hand porshe!!!!

I agree. Too far in and just a month at the latest to show us that there will be a stable company , come on ap show us we were wrong

I’m thinking that the mark guy who is going to zcdc was ceo of them before wasn’t he.
Is this going round and round again or am I imagining it.
Reading a book ‘ the burning land’ about corruption in South Africa and those T the top slicing off the land owners and selling to big corporations.
Sounds like vast apart from vast aren’t big. Couldn’t help ending the book and sensing my big dream of the diamonds fading away lol.

Morning all.

As one of the long suffering but still believe I am slightly worried this has fallen to 15.
I agree Robbie it’s time for make or break. If this falls to ten then nail bitting time n
However I think we will make this just in time and bring in the supply to mercuria
My worry is they will knock this off the debt and we will be told at the last minute. Does anybody agree with this theory?
Ap will then say it’s still revenue and fail to then say we need to raise again
I guess it’s all a circular thing anyway.
Income in less debt to mercuria, then raise. One could argue it’s still positive, indeed why wouldn’t mercuria insist on debt reduction with such a worrying company, ap will be protected as he will say’ look guys we are producing and debt is reduced’. He’s doomed if he does and if he doesn’t in my opinion.
One must not forget this mine is valuable and as many keep stressing you can’t keep paying expenses and working costs on thin air, you have to keep raising, common sense money doesn’t just appear from nowhere to create income from the mine.
I have a feeling we are two weeks away from production at last and the company is safe from going private. Don’t even want to think that’s a possibility.

Gemstar.

Even without finance I hope I’m right in saying that through ramping up all our outgoing costs will be covered and that is a million miles away from raising every month????? Surely when we sell to mercuria we have jumped the first hurdle of our race at last.
Finance will follow when proof it’s consistant,
And don’t forget the othe mr 7m zim won’t be used if we don’t get the fields
Are debt level is a fraction of a year ago.
Good times ahead. At last!!!