Member Info for Shivest

Copper production is higher than ever, why now?

They will gladly take 11 million again, and I'm sure more in chunks.

Your emails are going straight in the junk folder.

Of that £4 million~ in placings, how much would have been spent on reducing the debt? I'd be surprised if the full $8.4~ million is repayable still, but maybe it is.

MMs willing to take 11 million

A lot of volume though, that itself fills me with some confidence.

Nice start this morning

If we are at, or even approaching nameplate capacity now, then the finances will be in a lot better state than they were at the end of Q1. Because of that and the money raised by previous placings, the money we expected from diamonds in spring is less essential than it was.

Whilst I can't rule out a placing tomorrow, I think it's ever less likely the more BP produces, and in any case, unlikely to place at these low levels. IMHO

BP had already reached breakeven back in Q2. It's likely now turning a profit and can be used to repay the debt even if the diamonds never materialise.

They'll release news when it suits them.

BP should be very close to or at nameplate capacity by now, coupled with Tajik royalties then surely VAST is almost self funding. I have 0 confidence in seeing diamonds but I think it's something we can afford to kick down the road now, as other interests are more important.

That is indeed very possible, especially if good news drops Monday out of the blue.

I do intend to come back if the SP drops close to 10p, but can't see any good news in between now and the presentation, hopefully will be back in a week

Out too. Because I can't see any positive news on the horizon now H1 is out of the way. gla

Lets assume that H1 results are much worse than WE are expecting. Even in such a scenario, it'll still be a lot better than what the market is expecting. I think the SP still reflects the horrific results for 2022. I've never been more confident that we are just weeks away from a significant rerate. I think even in a worst case scenario we'll touch 25-30p even before settling down. Logically, once the brakes are off, there's no reason it couldn't go to 50p, as we'll be in a much better financial position, and be almost a year closer to seeing FSS than November 2022 when it spiked at 25 there

IMHO

I'm fairly confident that the first trading day after the H1 results will be a good one, and logically it should rise approaching it as all signs are that it will be good, but even the JR didn't rise until the very last minute

By September 29, last trading day of Q3.

I think it'll be above 20p after the H1 results, but before then could stay here. Hopefully are figures will hold the price higher rather than just spike

I was correct about finishing 3p below the peak but overestimated the peak itself by about 2-3p

I did expect a higher rise today as I'm sure many others did, we didn't even make it onto the top 5 risers, which we achieved on Tuesday. However I've never been more confident that things are all up from here. Doubt we'll ever see 15p again now, touch wood.