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Craignews - I could write a book on Prem and old GR after some painful years there. Get your facts right though, they're not about to start producing and selling any day now.... end of the month possibly IF (and it's still a big IF) the mill arrives on time and is installed on time and if it all works. Record to date is not looking encouraging at all... I'd be surprised if they have any spod to sell before the end of March. And, of course, the lithium price has dropped like a stone! SP has risen there and I'd say risk/reward is not looking as good.
Compare it with HE1... no comparison. HE1 is in a completely different league... much safer and much bigger reward!!
Seems to be some life in this still.
I don't have any concerns about financing - I think, if the diamonds are not resolved, that the lenders will extend again. There was an interesting comment from AP about needing some of the funds from the last placement was needed for the diamonds... I could speculate what that is for but suffice to say that some in Zim might want paid up front before they do what is required! Rumours abound - one of these times the rumours are going to be correct!
The supplemental projects are good but let's see the income coming through AP and let's see some more of these deals.
Main concern is BP - AP has said that Q1 should be better than the last quarter. Would love to see a significant improvement!
No such thing as retirement, asi... I joke with my peers that we're all in our prime between 50 and 75, as long as one can stay healthy!
I've come to the same conclusion about VAST for the time being... the diamonds might offer a boost but AP really needs to get production up... and keep it up.
Hey ASI - how are you doing? There are less columns in this production update (I won't list them) so it does look more succinct. I'd actually put it down to Andrew Hall's loss... AP, I guess, will be picking up the slack. Even with AH's loss and the strike, I did expect better figures.
As far as my wee portfolio goes, I was having a good start to the year (managed to get in relatively early to HE1 - I see your name popping up there - and SDRY) but VAST has disappointed this time round... this month is looking interesting though... could be diamonds....................... finally??
Probably, on balance, if she had to raise, it was best to do now but I think the sp could drift - clearly, there is no good news that is imminent, i.e in the next couple of weeks, or she would have held off.
Goldenl - I've been interested in VAST for a few years now and I'm afraid that AP has never delivered anywhere near expectations so I'll take any comment like that with a pinch of salt.
BP production numbers for Q4 are out and are underwhelming, if not disappointing. AP has decided to remove some of the info in the report too... which, for me, signals that these numbers were disappointing too.
JV is my best guess... our CEO said several times that she wanted to monetise/commercialise asap... has to be with someone who can mobilise quickly and who has enough cash. I wouldn't be at all surprised if her phone is red hot with interested majors looking to do a deal and that some have already sent reps to Tan.
No doubt that there are organised and unscrupulous actors in the market who will try and shift prices and create volatility/spread fear. As has been proved right here, one doesn't know who is genuinely an investor (faithful) and who is a shorter (traitor) so any comments have to be treated with suspicion. Over time, one gets to know who are genuine and who are in for a quick buck. If the underlying question is whether HE1 has been an almighty, organised pump then I don't think so. Those shorters/traitors believe that they can win out by spreading doubt and fear because they know they can influence some weak folk to do what they want - at times they can succeed. To some extent, I think they've been successful with HE1 at times this week BUT genuine investors will win out with HE1.
It all points to a very positive result.
Someone suggested earlier in the week that the longer it goes without an RNS, the more positive the news... CEO needs to be thorough with this one.
Plus, if the wire logs were poor, we would have heard by now. Monday morning RNS is fine. Should see a good rise today.
AIMHO!
With the possibility of news tomorrow (7 days will be up), I think we'll get a rally this afternoon. If you're interested in HE1 then you won't want to be out overnight.
If the news is good (which I expect) then the sp is anyone's guess!
Yep, I've added this afternoon.
MM's have managed to instil some fear in a load of folk with this morning's action... nothing has changed though... positive news last week and more positive news expected very soon.
We all dream of a stock like this, to get in early and low and to see it multibag with more concrete news to come and more multibags to come... sad to see so many panicking and selling on the tree shakes and having to buy back in higher!!
MM's are loving this.