Member Info for the_watcher

It's clearly stated in the RNS what the money is intended for. Price could've been slightly better but we're building a mine from scratch, we all know the amount involved so this goes towards the Orion pot of cash to be used to get the train moving. They wouldn't be planning to 'advance long-lead items' if they weren't confident of closing out the entire fundraise later on. Look past the initial 'Oh my god a fundraise!' and see the bigger picture. This signals confidence to me. Just my view.

Tony, you've completely misunderstood what that date means.

It's quite a simple mantra most investors follow; sell bad news, buy good news. Friday's RNS was extremely positive, as was the podcast JM did. All coming together. This is a screaming buy.
Anyone who couldn't foresee a delay here given the current global situation is either naive or downright thick. I've experienced a delay getting inti my local Tesco ffs. Did people really think things wouldn't slow down and deals wouldn't take longer to close?
Further funding secured, offtake deals being mooted, equity investment from a cornerstone investor. Seriously, all positive developments! When things are being done properly they take time, regardless of proxy viruses. As I've said, this is a screaming buy.

.....speaks volumes at how fickle some 'investors' can be. Go back a few weeks and the sentiment here was sky high, and it still should be with good reason imho. When faced with sudden and sharp drops it's very easy to lose sight of the fundamentals and the very reasons of why you invested in a company in the first place. Don't allow emotions to take over, easier said than done I know. Personally, I added nicely into this drop. The bod have never been ones to update the market constantly, they only RNS when there is a need. Look at the progress they've made; they've achieved and/or achieving everything they've set out to do.
I remember one of JM's comments from one of the several podcasts after the funding mandate RNS of how site visits were completed back in January. Shows how long these things can take but also shows that company progress doesn't always correlate with the sp. If it did, we wouldn't find the bargains we do. This is one of them. Eyes on the prize.

It's clear what Owlo is trying to achieve; fear and panic. Guy is spamming the board with multiple messages. Ignore and report.

Check the two large prints that have recently appeared.

Focus on the fundamentals. This is still crazy cheap here in my view. As I've banged on about previously, if the market is happy to value GGP and EUA in the hundreds of millions then we still have a long way to go. At roughly 14p we would still be less than half the mcap of GGP!! Puts in to context how undervalued we still are.

I don’t wanna come across as rampy, and I don’t wanna get caught up in euphoria etc. but on a comparison at where EUA and GGP are currently valued, and given that we they are nowhere near as ‘advanced’ as HZM, surely it’s not out of the question to achieve at least a £200m mcap here (13.8p per share)?? Even at that valuation we would still be valued LOWER than those two.

And at £100m mcap we should start to see interest from II's, funds etc. that wouldn't ordinarily look at us until we reach such a valuation. There may be some dips along the way but the higher we go the stronger the momentum in my view. It's about to get very interesting. And let's not forget the market currently attributes pretty much zero value to Vermelho. Any news significant news on that and we motor even harder.

Rottenrobbie aka Sonic. Avoid and filter this clown

AP has made no statements about when things would arrive. The minister did. Contact AP yourself, I have. He’s not in the least bit concerned about the perceived delay here. The herd are wetting themselves and panic selling, no doubt shaken out by the bile that ************* have spewed out.

AIM expenses is the only obvious thing I can think of. It costs money to be listed.

Vermelho news is due soon, very possibly next week.

They've stated thy're well funded until next year. Do some research. Surprised you haven't mentioned the price of nickel, that's one of your post hallmarks.

It came direct from AH. You know, the AH who works for VAST. So no, not rumour.

You still around? Honestly, what a sad individual you are.

SRK has been retained to provide studies that will allow us to share the net present value of Baita Plai & Manaila. This is in everyone’s interest so that the market will see the disconnect between market cap and asset value from an independent source. Secondly, all institutional investors/private equity cornerstone investors require and expect mining companies to have their own independent commissioned reports. This is a positive. We have retained debt advisors to ensure we do not have a repeat of Mercuria. I’ve known Carlingford a very long time and they will assist in the Swiss bank process as well as provide further access to institutional debt. They are structured commodity finance professionals. In my opinion we need some weight behind us to close what is an extremely critical financing. FYI mercuria did not introduce the Swiss bank.

Yes, you're being paranoid. In no way are they looking to sell any part of the Rom portfolio. This was a positive update in my view, maybe not moving at the pace some like but progress is being made.

Nice to see some block buys for a change I'll say that much.

Tiger, you remind me of an ex girlfriend I split up with many years ago. At the time she told me that splitting up with me was the best thing ever and how she never wanted to see or hear from me again. Strangely though she kept contacting me pretty much everyday for months afterwards pouring scorn on me and all the other usual crap that comes with someone who has been spurned. You clearly took a hit here and it seems to me it’s left you a rather bitter and twisted individual. It would appear to me you now have now have doubts that you’ve done the right thing and because of this you simply do not want to see VAST succeed because that would confirm you made the wrong decision. If you don’t hold here any longer then do us all a favour and sod off.