RE: Ian23 Nov 2018 19:11
Unlike Ian, it was you proposed the challenge remember, and failed to commit to your end of conversing thereafter. Here, this may jolt your memory....
"Hi Teacup,
I think there's a bit more I could say on (1), and I know there's a fair bit more I could say on (3). But your biggest gap of knowledge - sorry, no insult, I think a widespread big gap of knowledge - concerns (2).
****
"2) How do you imagine Vast pays for the assets it acquires? Land is property, etc. Who do you imagine owns what?"
...Not really catching what your saying or asking there, or the point your trying to make I'm afraid?
****
This isn't something I can get into now in detail, but I'd hope to come back to it at some point.
What I should say in a nutshell, though, is that - to the best of my knowledge - certain key VAST assets were acquired by VAST at a time when the company itself simply did not have the money to acquire them. I think a dimension that has perhaps been overlooked is the degree to which private individuals (now on the Board) were prepared to put their personal money at risk, in crucial deals that went through primarily in the company name, with their own part remaindered as a margin.
I leave this open, because I am not party to all the facts. But I believe this is public domain if you dig about.
Cheers,
Sandy"
So, now we're clear of that matter, I'm not to bothered, you can challenge any point I make, when you feel you want to ;)