I am thinking at this point it's speculators getting off the bus because the anticipated rise never came. The fact we're bobbing about 0.6 is making me think this, at some point it has to start climbing based on the fundamentals and upcoming news.
I envisage next weeks' RNS calendar something like:
Weds: Signal the signing of the Baita licence by AFCR
Thur: Zim diamond DD results
Fri: Tranche 2 drawdown
Fri: BP project roadmap
Also expecting Zim diamond policy "imminently", I wouldn't be surprised if sometime next week.
After A Tough 12 Months, Copper And Nickel Should Be Next Year's Metal Winners
https://www.forbes.com/sites/timtreadgold/2018/10/10/after-a-tough-12-months-copper-and-nickel-should-be-next-years-metal-winners/
A Huge Copper Bull Market Looms on the Horizon
https://banyanhill.com/huge-copper-bull-market/
Giant European bank Société Générale forecast a 200,000 metric ton deficit in 2018, rising to a 300,000 metric ton deficit in 2019.
Diamond output anchors mining performance
https://www.newsday.co.zw/2018/10/diamond-output-anchors-mining-performance/
Russia eyes Zimbabwe's diamonds and platinum
https://www.madagascarsun.com/news/256685476/russia-eyes-zimbabwe-diamonds-and-platinum
Thanks guys, don't get me wrong, I believe in AP and Vast, the fundamentals and strategy are sound, I'll be happy to allow placings if they don't make a mockery of us.
Anyway nevermind me and my misery, there's gold in them thar hills!
Cheers boys, not meaning to bring a downer on everyone!
I try to stay positive, but truth is I really needed this to work, instead I sat and watched as other companies on my watchlist soared, all the while thinking, our turn will be soon... soon has come and soon brought feck all to the table. I may not be far behind you Sandy TBH.
I hear ya buddy. I really do.
Myself, really need a lift here after a ****ty year personally (mum died earlier in the year and dad had a bad stroke), so really hoped this would get me back on track but seems the universe is against me once again.
If I sold out, I just know it would double overnight, such is my luck. :|
I've never seen a breakdown from BHC, it's a very basic evaluation, Equity's one last year was very good (See below), I'm hoping they'll do a revised one soon, but not sure if Vast has to request it or whether they do it of their own accord... maybe it's worth nudging the analyst to do another..
Anyway here's Equity Developments research note from Oct 2017:
http://www.vastresourcesplc.com/wp-content/uploads/2017/10/Equity-Development-Initiation-19.10.17-FINAL.pdf
It would be easier to pretend this doesn't happen and is untrue, but unfortunately it does, all too often gets brushed off as "well this is AIM"... well, it's not fair on people like me that rely on the outward facing news whilst others get the inside scoop and screw us over in the process.
It's a bitter pill to swallow, but I have a feeling I'm going to be needing a glass of water tomorrow.
https://www.brandonhillcapital.com/media/77601/vast_flashnote2018_10_10.pdf
I'm basing it on the assumption they expected to only pay £150K upfront on receipt of the licence (and Baita then said they wanted all of it) so they already had that put aside... I think that's what he mentioned not that long ago but can't recall where I read or heard it.
To think, they've sampled just over 52% of the pie so far, could be greater grades still to be found from the other 48% of core samples, very promising.
+ Assay results for a further 2,846 metres of core from surface drilling received
+ To date, a total of 3,581 metres of assay results received from the 6,802 metre drill programme representing 52.6% of total assays