Member Info for steward1

Expecting an update on production at BP (at least) but could also be news on other things such as diamonds, Taj, etc.

What's the evidence of an organised p&d here, roger65?

Thanks - I found it and have listened to some of it. Have to admit that I began to fast forward.

I'm not sure what value is added with it for any LTH - VAST has been a mess... there's no debate about that at all. Anyone coming new to it will see that if they take the time to do some research. The guy says that he's simply giving factual information but he needs to work on his presentation... clearly his expressive manner is giving his view away and clearly he thought the research notes were dodgy to say the least. Sensed at the end that he saw some light.

The question for anyone coming to this now is whether the sp is going to increase within their investment timescale (whether that's short or long term) given the challenges and potential. The podcast really doesn't address that.

From my own point of view, risk/reward is looking good here... it is high risk but the potential return is very good indeed. DYOR/AIMHO!

How does one access the podcast?

Don't ask me when bin day is!!!!

Nevertheless, trend still looks upward over the last week - 65% up at the time of typing.

Unless I've got my days mixed up, tomorrow is Saturday - will folks want to be out of this over the weekend? Could be an interesting afternoon.

Using the p&d explanation, for me, suggests some sort of organised/orchestrated buying with no basis or foundation for the increase in sp to then sell at a higher price... I don't think that is the case here.

My thinking is that the sp had fallen way too far given the potential news incoming (there may or may not have been some leak about production and/or diamonds)... risk/reward was and is looking pretty attractive. Some folks (including yourself) took advantage of the situation and have taken profit... no criticism there... question is now when and at what level will people buy back in given the imminent news drop due anytime (I bought some more yesterday afternoon). Will folks want to be out of this over the weekend... let's see!

AIMHO...DYOR!

Oh and I was looking at advfn - not lse.

Thanks asi - well aware of the shortcomings of buys/sells interpretation and presentation but you'll be aware that many folk simply look at the level of buying/selling as presented and take that as read. Yes, it does work both ways - I was simply pointing out that a series of buys were presented as sells and highlighting that the spread had increased... coincidence?... people can make their own minds up. But I'm rejecting the idea, as some are suggesting, that there's some manipulation to allow a whole load of forward-selling of a placement.

50% up on the week (100% up at one point) is pretty good going with news due!

Well, we're still 50% up on the week so far despite yesterday's roller coaster. At the very least, there will an update on production at BP today/next week and we could see another milestone met... which can only be good news for the sp. There's plenty of speculation about the diamonds and news on that would be a bonus.

As for mm manipulation, a quick glance at a small buy I made yesterday afternoon shows that it was put through as a sell as were others at the same price (the spread was increased and buys were interpreted as sells). IF it was mm manipulation to continue the downward trend yesterday afternoon then it's because they want your shares and sells were hoovered up for most of the day yesterday. Add to that, earlier in the week, no-one could buy - does that suggest that there has been forward-selling of a placement? I doubt it.

Along with others, I reckon that there's good news coming and that something was leaked in between Christmas and New Year. Looking forward to an interesting few days!

AIMHO... DYOR!!!

Not sure that this applies to VAST over the last few trading days - if anything, the MM's have held the sp back and folks have not always found it easy to buy. Perhaps, today is different but there is good reason for the sp to have risen from 0.09 a week ago. RNS due anytime.

I knew I was going to get picked up on that point, asi! lol!

I seem to remember you setting out some info on the whole process, asi, and the options open to AP and what that would mean in terms of different prices. Are you able to share again?

Auction was made public 24 hours ago but some may have known about it prior to Christmas but I agree... there's lots of news due!

Would be disappointing if the surge in the sp was down to rumours that the rough diamond auction included Vast's diamonds. From memory, AP was planning to get the diamonds cleaned, etc so that he could get a better price. As far as I'm aware, rough diamonds would not attract the value that some might still have in their minds. If the diamond issue was resolved and they have been released from the Zim bank's vaults then I would have expected to have had an RNS before now so I'm of the view that the auction doesn't include VAST's diamonds.

Nevertheless, whilst still very risky, there are still very good reasons for holding VAST.

AIMHO

Craft studio... interesting! I know someone who has made a nice, wee business producing all sorts of stuff using lasers.

Anyway, this isn't what the board is for. Go Vast!!!

Thanks ASI - from memory, AP had said that they'd have the diamonds cleaned up, etc before selling so I'm not convinced that it's VAST diamonds being auctioned... unless something has changed.

Is this you winding down to retirement?

Asi - would you be able to find out if betterlife is correct with his statement that the diamonds are coming up for auction?

Given the pattern of trading (rising since 29/12), I'm concluding that someone got whiff of something during the festive break. Maybe AP had one too many sherries and let spill. There are several possibilities and, personally, I think that there is some movement on diamonds and a deal to re-start ops in Zim. However, I'd settle for some positive production figs from BP. AIMHO.

SP is still some 75% down on 2023 highs so there is still plenty of scope to see this increase before news is released.

Not likely BKMacC - Prem currently valued at around 10 times VAST. Prem hasn't yet produced anything (!!??) and there's considerable jeopardy there for holders! Lithium bubble has burst for now whereas copper is still looking good.

Risk/Reward here at VAST looks substantially better than at Prem. AIMHO

Good news on the way.