Member Info for steward1

The only positive about GR is that he managed to sniff out and wangle Zulu and the EPO area. In different hands, Zulu would be a full-blown producing mine by now and the EPO area would be at the very least having a DFS done... think where the sp would be now if he had followed through on the Zulu DFS and not squandered the cash on Circum!
Even with the news last week, we're not getting a re-rate because the market isn't convinced and are we not expecting the annual report by the end of Thursday... he'll need to be saying something about MNH, RHA, etc... can't say that I'm expecting anything positive about any other asset!

I'm expecting more news like this to drop in the days/weeks ahead... AP is absolutely determined to turn this around after the Atlas debacle.
July is only a few days away now... it's all looking good for a major re-rate.

SK - surprisingly (?), I'm with you on the 10 bagger but not in that timescale... I think that is a couple of years away.

An awful lot has to go right in the next 9 months and GR has no track record of delivering... I'd anticipate some delays. I think that's partly why the sp didn't rocket on the news. The other factors are that we don't know how much is in the ground and at what grade (it concerns me that the DFS wasn't mentioned)... we don't know the price Suzhou and Prem will agree yet and it does seem that some critical issues are still to be resolved in the next month.

It's a real puzzle why the sp reaction yesterday was so muted.

The pilot plant and timescale suggest an urgency that hasn't ever been seen in GR... which I'm pleased about... but, perhaps, the market just doesn't believe that GR will deliver in that timescale. I'm guessing that the market didn't like the fact that GR has put up all of Zulu as security too... could GR make such a mess that he loses an asset to Suzhou that's potentially worth billions for the sake of a $36m loan? With the timescale and the security, does the market believe that GR has been royally set up for a fall and that Suzhou will get it all for virtually nothing?

Just trying to explain the market reaction yesterday... nothing more.

Going forward, as has been said so many times before by so many of us, I'd like to see regular updates on progress from GR.

On the subject of SK (and the Pandora Group?) having the inside track on a pilot mine and the dates before anyone else, you have to ask yourself whether this is a healthy, ethically right situation that someone is getting preferential treatment and access to info before anyone else... some would say that it's insider trading... I'm not naive enough to think that it doesn't go on and good on SK for getting the info... my problem is with whoever thinks that it's ok to give someone info before the market and the rest of us!

There is a "sell on news" brigade... perhaps, they're not done yet.

I'm very surprised, Daz. Thought that we would rocket on the news.

Happy to say that my suspicions of a fall-out between GR and Suzhou were off the mark. First time that GR has delivered a decent deal... who would've thunk it!

Way off the mark, Pecten11... I'm very happy with my current holding and my average... there's nothing to blame anyone else for!

My investment, my responsibility.

Of course he was right, Sandy... wouldn't expect anything else! The question is "is he right now?" or "will he be right in the future?"

OK - Pecten11 has tagged SandyShore459! They do give off the same vibe, don't they.

Sandy, it would simply be naive to think that everyone plays by the rules or that some folks on AIM don't have inside knowledge to support their positions. I'd go as far to say that there would be some professional outfits who would quite happily feed posters with their intentions so that they both would benefit... call it the incentive model! It would be naive to think that there are not organised groups of traders/shorters. I'll leave it to your own judgement to decide whether that has happened here but in 30 years I've never seen quite the likes of what has gone on here.... the wild west, indeed!

1st of all, I didn't say 'all' recipients so please don't spin my words.

We've all got agendas, Pecten11 - I'm an investor... not a trader or a shorter. I invest in companies that amongst other things will recover and grow their sp... good, positive reasons. It follows that I will support and encourage... good, positive actions.

Credit where credit is due - I bow to your knowledge of what Atlas intentions were... I do wonder if that was down to some inside knowledge?? Have you sold lately?

Pecten11 would have you believe that there's nothing happening around here until August and, if something was to happen, then it would be bad for your holding... he's made a big assumption that the recipients of placing shares want to sell at these prices (suits his agenda)... he just doesn't get it... the turnaround is on... and it's a very good time to be holding Vast... loads of upside from here now that Atlas have gone.

Snowking - strange how you reappear to respond to my posts/imagination. If I was to speak to GR, it would be naive to think that he would divulge any bad news to an individual enquiring out of the blue. It's equally naive to think that he would divulge any good news either. In fact, there's plenty of evidence that he has led some naive folk astray with what he has supposedly divulged including yourself with all due respect.

Profitbags - my understanding is that GR was getting nowhere getting test results until Suzhou came on board. Perhaps, they unblocked things by submitting them in their name. Pure speculation and nothing more.
One has to ask why we're now weeks/months down the line and why there is nothing of substance being RNS'd. There is something up!

Buying low and selling high or get a huge bundle of shares on the cheap and sell high then buy low and sell high again - apparently that's how to make money on shares. I don't think that I'm saying anything ludicrous!

Pecten11 - glad that I've brought a smile to your face this afternoon but, unless you know these guys personally and know their trading decisions, I don't think you can say that with any degree of certainty. Atlas are in to making money like everyone else here... do you think that they knew that the sp would bounce back? Why would they not take advantage of that?

Popped back in to see what's what and still no news. I'm even more convinced all is not well behind the scenes. Here's what I think has happened - Suzhou told GR initially that he would get an interest free loan to deliver the pilot mine but when discussions got serious, they asked for another chunk of Prem. GR refused and went to look for another backer. He also did his smash & grab which upset the Chinese even more. He can't publish test results because Suzhou have control of them. And Suzhou did not cooperate for the last RNS - that's why it had to be changed! All in my imagination but I wouldn't discount that GR and Suzhou are not the best of buddies just now!

If Atlas have sold more then that would be good news but I suspect that they've decided to stop selling to hold for a significant rise... I reckon that they, more than anyone else, know Vast inside out. They've driven the sp down but will know that the sp will re-bound significantly. Wouldn't it be funny if they had started to buy!

Pecten11 - I didn't put any deadline on getting an announcement from AP. In any event, what will be more interesting is the content!

Interesting Sandy - I might have a lower threshold for seeing the sp motor north. If Vast can show continued improvement in Q2 and Q3 then I'd be expecting the sp to rise. I'm expecting that AP will not be slow in publishing any good news in the next few weeks/months.