Member Info for sonicboomboy

Is there any chance instead of saying 'within the six month timeline' he can actually say the date by which production will be commenced, ramped up and have reached full production. These are just more reasons people don't 'get' VAST.

Open post to AP. You said we would commence production using the refurbished equiptment. What happened? People biught and lost good hard earned money on the back of that. Please explain!

The Company can reconfirm that shipping of equipment from China as previously announced remains all on track and that all equipment critical for the start of production at Baita Plai is now on the water. As matters stand, production at Baita Plai remains targeted to commence within the six month timeline from funding (in July) in accordance with previous announcements. The Company can also confirm that the drilling programme at Baita Plai announced on 10 March 2020 is progressing according to plan, and a proportion of the capital raised will be used to purchase additional drilling equipment to make the process both more cost and time efficient whilst we look to enhance the JORC resource.

MCAP needs to be 50m to get on the HKEX. They must have a plan.

Saw LC's last RNS...what more can one say. Hope everyone is keeping well.

Miz,

Ill give it 10/10 for creative effort...lol.

So basically they haven't budgeted correctly or haven't understood the equipment they needed. How long have they had to sort this and they were given 7m to do it. Still couldn't do it correctly.

Cant wait to see the podcast for this one.

Sandy,

What you thinking Sandy. I did say this was coming. I wonder what's next.....its not diamonds though. Late June at the earliest. Plenty of time to take advantage of other ops elsewhere and come back here IMO.

400m more to churn through.

Maybe the high and mighty will actualy start to listen here now!

I have said it would be a teen placing and there you have it. Of course I know nothing. Expecting another lurch down to past the placing point.

400million more shares. AP said no more placings....what more can you say.

Actually, its factually correct but you don't like that the facts are.

Maybe look at the charts the crayons produce and youll see it backs up exactly what Ive been saying :-)

They will see this as a bargain (the buyer that is) They will have to offer a minimum of 20p if DBAY and more min of 35p if someone else.

The swap trades are giving this away.

Good to see Myles adding to his long position today too. a vote of confidence I think.

Big buys absolutely flying in again now. The games of the past few weeks are rapidly coming to an end. its all about the buying pressure and making a bid / painting the forward picture.

I personally cant see anyone but DBAY buying this out, after the lengths they have gone to and with WINCANTON sniffing about previously amongst rumoured others I really don't see them risking any of their previous hard work.

Sandy,

The politian's answer. Completely avoiding my question! I guess that's because the true answer is somewhat embarrassing.

Soon we will have trades in the 15's as I said....when we reach the 12's I may see some value as long as that is in a couple of months time.

Sandy,

Honestly, go back and re-listen to the podcasts. It's a very small drill program. Yes the JORC is good as so far they only have the old USSR style equivalent. However, AP has lost the trust of the market. He said we will be ramping up production after the cold commissioning prior to the equipment arriving from China to get it up to full production.

Now you tell me one thing. Where is the initial production?

TS,

It seems obvious DBAY will pick this up for a fairly cheap price but one that does everyone here well, then sell it on further. I don't think you'd disagree with that.

Someone remind me again what that means :-)

Sandy go back and listens to the podcasts.

JORC isn't going to make any difference at all here. All that matters is signing off diamonds and that my friend is well on the back burner.

Another massive trade, give them their due they are [picking up the pace now. This has 15p nailed on looking at the chart for the next run.

TS,

Not sure they could have done there would have been restrictions on them doing that at that point. They would have known Invesco, AXA etc would have to sell down and keep the price low as we've seen.

The swap trades are a complete giveaway IMO but know its out of the bag I expect people to pile in here and wait for the news.

website says 27.7 but I suspect they, will be well past 30% by the time they declare. I mean you'd want to buy what stock you can well below any realistic offer price at which you have to start taking stock for that price.