RE: rns out5 May 2020 08:55
Guys,
I doubt we will be at full production until October at this rate. VAST would be better levelling that with everyone first then issuing these RNS'
Bottom line is that before that ATLAS will convert their shares and be issued $7.1 million shares at 0.24p diluting every holder massively.
So diamonds are important and not some kind of bonus because it was hoped they would be up and running by now and part settling the T1 in cash. That's the cost of diamond delay. The delays at BP are affecting that repayment in the same way. VAST gambled with your stake of the company and lost again. ##Don't worry though as long as he pays back or converts for ATLAS the collateral AP and the BoD put up appears rock steady safe. AP's 20% wont be diminished in anyway.
Some need to wake up and smell the coffee here.