Member Info for sonicboomboy

Beaching I think more you misleading people tbh to save your own money. I'm out it don't matter to me...thankfully.

The more I'm looking at this the more I'm not trusting AP tbh.

Yes diamonds can save it but really commencement of production. What happened to the old gear giving half production?

Have read the RNS again just now and actually its probably worse than I thought. These are only initial shipments - not the complete shipment.

When will the whole shipment be complete?

Furthermore it says these shipments will allow 'commencement' of production. The market was under the impression they would be doing half production with the refurbished equiptment complimented by some of the earlier lead items which were alledged to be shipped by some lth holders here.

Has anyone the same thoughts but basically a bloody disaster for BP a loan repayment.

If this is right has AP misled the market?

Yes diamonds could rescue the situation but both projects were, on best case scenario, supposed to repay Atlas now VAST are likely to get saddled with the max dilution from T1.

Sandy,

I'll rise above it and wish you the best here.

I'm really positive and for once I'm almost happier if it's a sell and expedites our sellers exit.

Great thing is we definitely have a buyer too :-)

Agree smokingjoe, this will be a real good rebound stock once the seller clears regardless of oil, coronavirus or the general malaise.

It's on the right side of the ropes.

I would say draft companies are very interested in taking over Eddie Stobart too.

..all the time for a risemback up...won't be long now.

Sam,

Thanks. Given we have been through this situation previously of being told we will be signing diamonds next week and finding ourselves 6 months later with still no signing I think the opposite. The further we roll through March with no signing the more doubts will appear that history repeats itself IMO, so I think the price is more likely to be going down than up and that's why I wont invest at this stage.
Hopefully an honest answer knowing if diamonds come then it will move upwards without me.

Who mentioned the finance deal here?

We are talking about today's RNS no?

No I'm not short but Im waiting to go long on the diamonds news.

It's been delayed as I said.

Despite shipping restrictions in China creating delays due to the Coronavirus (COVID-19), the Company is pleased to announce that the initial shipments of equipment are currently being loaded on to a vessel, bound for Romania, scheduled to depart on 16 March 2020, with further containers booked for 20 March 2020.

Clearly states a delay and will be within the six month timelines in the presentation NOT by H1.

It's delayed!

Well I did tell you there would be a delay. They are keeping within the six month timeline but that's from now! So they won't be meeting the H1 timeline.

You really couldn't make this up.

March 2020

Vast Resources plc
(?Vast? or the ?Company?)

Baita Plai Project Update

Vast Resources plc, the AIM-listed mining company, is pleased to update the market on progress at its Baita Plai Polymetallic Mine ?Baita Plai? in Romania.

Despite shipping restrictions in China creating delays due to the Coronavirus (COVID-19), the Company is pleased to announce that the initial shipments of equipment are currently being loaded on to a vessel, bound for Romania, scheduled to depart on 16 March 2020, with further containers booked for 20 March 2020.

These initial shipments will allow the company to commence production within the six month timeline on financing as indicated in our corporate presentations.

Laster,

How many more times see post below interested but on the sidelines waiting to see the impact of Coronavirus.

Baits,

https://twitter.com/ukbambammatt/status/1237284475500990464?s=19

Two stories about Coronavirus in Zim. This is extremely relevant as all companies in affect jurisdictions have had their markets and company plans disrupted.

We must be mindful of both sides of the coin. I shall stay on the sidelines to see how the situation develops or if it is contained.

Beaching,

I don't think so, without the diamonds, I'm not a fan I'm afraid. Too much dilution happened and too happen for BP to make this a buy for me.

It's a toss up, get the diamonds and it's all good. Don't get the diamonds and I think most would happily escape - shirt on back

There has definitely been cases in Zimbabwe. I freely posted the links the other day, admittedly it hasn't broke out from there yet which is good.

With regards BP I feel the best news we are going to get is that things are running inline with expectations or else there will be delays of sorts with an attempted smudg over.

It's all about the diamonds. Pure and simple, as I've always said. A hint they won't be signed and well, you don't need me to say where we go.

0.193 is the next support which is going to be tested tomorrow looking at the world markets, after that it's 0.12 - hopefully the 0.193 holds.

Has the DBAY difference come from?

I should have to travel back through all and every RNS just in case the company can't relay the info right. They've ****ed up. Simple.