Member Info for stringer01

Treven you must be new to vast as you don't seem to realise crap CEO running this company. To call him a joke would be to promote him. Take it from me he doesn't deserve your protection.

GL

Rocket? More like plummet. It's clear something has gone badly wrong with the finance deal.

GL

Oh I see. That'll be after they get there other mine into profitable production. Very good.

GL

£1.5 billion, are you refering to ARS or SOLG?

@maxcady, well put absolutely right :D

MTL eh. How are the fundamentals there?

8-9p is too conservative 10-12p is more realistic adding current value to the asset sale. MCap should rise to £190-200m

GL

can someone explain why the market cap is £80m when a when a $163 m asset sale about to take place? SP should be 8p. Fair value anyway.

This has aloooong way to go to profitable production. Most don't make it.

GL

500% on a pre rns leak? There's nothing to leak.

Vast now in transit to being an INVESTMENT with a bright future balance sheet with self funding
not many of them on AIM at the moment. Then why the sp going down faster than a sack of rocks? Something has gone badly wrong in this transition and even if finance is agreed on time I doubt the sp will rise.

The problem here is very poor management! They need to push prelea out and fast.

GL.

Production yes but profit? That's the crux here hence 21mil market cap.

Totally agree about the value of the resource, problem is how are they going to pay to gett to production? Simple, placings. There will be more to come trust me and that's why the price isn't at 1p.

It'll boom when it's producing and turning profit, then you'll see a massive re-rate. Until then it'll be day traders.

see II's going near this either with bad management team and 20 billion confetti in issue. Prelea would need to step down and a consolidation take place. Too much baggage here now.

GL

No chance of 1p now with this level of dilution .4 will be achievable for bp and that's it. If the diamonds ever get signed off .8
Prelea has well and truly stuffed this up.
GL.

The sp would be @ .60 if Prelea was worth a s**t.

GL

They will need to consolidate and soon.

We still don't even know how much concentrate will be required from mercuria. Unbelievable.

Not making profit though... Until that changes you won't see this going anywhere but down as placings continue.