Member Info for V111JAS

Surely not . I see you more as :
"I am the Carpenter ".
;)

IDE Shareholders clearly have a positive view of future prospects :
• Loan notes subscribed for by existing shareholders, Company now has no external debt other than with key shareholders
· Strong pipeline of opportunities with both existing and new customers and partners
· Group trading profitably at an Adjusted EBITDA** level for year to date

News should get this really motoring !

Very interesting share register , which likely explains the 21.5% spread !
I managed to buy a few and I think that the slightest bit positive news from the Company will see a dramatic rerate .
Could be an interesting few weeks .

Well said BB !

Since the FO there has been quite a noticeable uplift in volume , unfortunately the SP has gone south not north which logically suggests that there has been more selling than buying .
I can only assume that some people view five months as too long to wait and some are clearly spooked by the prospect of a CR before we start drilling . With AIM , you just don`t know , there is never seems to be anything obvious about share price movements and buys /sells are impossible to read accurately . asaics .
All very frustrating .
GL.

Even investors who know very little about the Oil Industry can see he`s not the only only one on this thread who probably knows more about a bobeer/d than a boo/d .
Th problem seems to be attention seeking and insecurity which motivates these people to grace us with their superior `expertise `and `professional `knowledge . Some of them seem to want to dominate the thread 24/7 . Somewhat moronic as their repetitive rantings simply erode any credibility they might have had .

I can`t help feeling that there has been a `teeny bit of tinkering `and a `weeny bit of financial engineering ` to get the share price to this level . Why and for the benefit of whom I have no idea , the buys and sells are impossible to translate and frankly will have zero effect on the longer term prospects for 88e . Someone perhaps well (sorry!) connected wanted in perhaps someone wanted out . Monday sees the return of `The Spivs` and the start of a new era for 88e . I feel that we`ve seen the bottom of the barrel and as we start this latest phase in the development of the Company I am as sure as I can be that the sp will start to creep Northward , the seem to be so many possibilities an acceleration in interest could come at any time and it seems that even DW is showing some modest signs of enthusiasm !
The Proactive interview is definitely worth watching again if for no other reason than because the ; `Spivvy Pre-prepared Andrew Scott` has been replaced by a somewhat desirable Lady .
Motivating ;)
A sign that the Earth might start to move on Monday !
Good luck everybody .

TUCKER ~~~ Then you really are a SUPID for continuing to bad mouth and denigrate your investment .
The credibility of a ****roach .

~~~"It really does show you the Calibre of people you are dealing with here."~~~

Hey TUCKER ! It really does demonstrate the stupidity of some posters here who hate the Company and have not sold up ;
worse still , some mentally ******ed individuals who have sold up but continue to post negative trash on the thread .
Which description suits you best ?

I thought that distemper in Dogs had been eradicated in the UK ?
Canine distemper is associated with depression , thick mucus coming from the mouth eyes and nose , sudden vomiting and diarrhea .
All dogs should get a check up and should ask for mental health check while they are in the Vets .

Yep ! It looks as if one of them is already back in his padded cell !

~~~ nurse ~ NURse ~ NURSE ! ~~~ HELP !! ~ They`ve all got out ~ The mental ward is empty ~ They`ve escaped !

Don`t worry , this happens from time to time , there are two possible solutions :
Let the hounds out to run them down , the soiled bedclothes , lack of spacial awareness , communication and coordinated movement makes it simple to round the looneys up .
Alternatively , just let them loose for a bit , they`re harmless enough and will find a way back to their beds when they get cold and hungry and can`t find anyone to scream at . Anyway they probably need a bit of excercise .

Dodge , Interesting post . I posted something similar a few weeks ago . It would not not surprise me to see the separation of Rom and Zim , and if funds do become an absolute critical issue perhaps the disposal of Zim . I imagine that AP will hold the Romanian assets until every last possible finance route has been exhausted . After that ~~~ ?

Piker 09.55 / Pecten 10.59 ; Thank you for your guidance . I checked out p.30 of the 17/18 accounts . I`m not a financial professional and It`s a section of Annual reports that I have never bothered with ! Unfortunately there is very little supporting material concerning these Companies . You were absolutely right , it was the the term ‘private’ that got my spider senses tingling , but I`m reassured by your comments that there is nothing untoward , at least in this area .
I`m afraid that after such huge value destruction and all the misleading information from this BoD , I am hyper suspicious of everything to do with this Company .
Good luck to you if you still have a serious holding here , and thanks again for your guidance .

~~~~ You WILL . imo .
Best of luck to you . (and others in similar circumstances )

Sippy :
I don`t normally respond to posts about people`s personal circumstances , we all have different targets and objectives
however your post sort of encapsulated what I observe to be a bit of an air of despondency at the moment and in your case you mention 3.5p which gives me a cue :
I think we are all probably down (well it must be around 95% of us) and I imagine DW is very well aware of the financial pain here . I also think he will be doing everything possible to avert a cash raise at this price . I think most of us agree that it is disappointing and somewhat surprising to be at this level post the FO which , again , most us believe represents an excellent deal for 88E . I wont list all the possible reasons why I think this has happened , most of the reasons have probably already been aired . The issues seem to me to be : can this fall much more , when will it start to recover and how high could it go ?
Short answer to that neither I nor anyone else on this BB can answer that . My opinion is that we must be close to ground Zero much lower and all sorts of other factors start to develop , not least of which must be the possibility of some opportunistic bid and nobody (especially DW wants that) . I think we should start to pick up speed again in the next couple of weeks . Whatever people say , the City IS empty in August , activity subdued and this along with numerous other factors has provided a medium to trash the price and panic the herd . We are due some news update in September and after the disappointment of the FO (which is ridiculous imo ) I suspect DW will pull out all the sops to present the next news release in an upbeat positive format . That news in itself might just be the catalyst to ignite interest again . That brings me to the question of how high will it go ?
As I said I don`t know , but , I doubt DW will ever be satisfied with a situation that does not trigger his options (I think they are set at 3p). IF , PMO get Charlie to predict commercial flows , which is only about six months away , I could see the sp at least above 6p and if that happens I expect there will be enormous interest in the HRZ and the rest of our acreage . It would seem that PMO , are super confident that they will be successful . Leaving future prospects beyond next March aside , I feel that this is at last , the right time to be invested in 88E and it doesn`t surprise me in the least that the AIM Casino has been depressing excitement and perceived prospects , that`s just what this somewhat bent market does time and time again .
I would make one other observation : If ~ WHEN ~ this market turns it is so perverse the sp could absolutely rocket and there may be a mad scramble to get back into the share .
Anyway bottom line ~ I am also frustrated but remain very positive about the future . I know that counts for nothing , but , I really would not get too depressed about your 3.5p average , or imagine that you will never see a return ~~~
You

Piker : Thank you for the courteous reply !
I will have look back at the 2017/18 accounts later today , I`m really wanting to know who are the investors in the SPV `s , but as these are private Companies I assume that might not be possible .

SS ~~~ You told everyone that you had me filtered .

As you have clearly read my post , perhaps you would be kind enough to answer the questions so that my story weaving ignorance (thank you for the insult) can be unravelled ?

This is the statement that got my `Spider Senses` tingling ~AGAIN ~ :
~ "Vast Plc is the parent company of a Group, which includes private companies that are vital to its successful development. " ~
IF these `Private Companies ` are vital to VAST`s successful development , there are surely issues behind closed doors about which we know nothing . WHY ?
How is it possible to make an informed judgement about the efficacy and credibility of The VAST Company if you don`t have full access to the financial details and structure behind it ?

IF ~ an SPV has been created to advantage tax requirements in a foreign country , I would assume that we should know about this and be able to see the detail .

IF ~ an SPV has been set up to protect assets , it may have been done to isolate the risks associated with the parent business . This surely means that firstly there are serious financial risks and secondly that the Investors (not necessarily the same as those invested in the parent Company) would have legal advantage over the asset . Surely in those circumstances the Parent company asset would then have a reduced value , which would presumably negatively affect the raising of finance . Could these issues be reasons why :
* No SKR report ?
* No Swiss Bank finance ?
OR
* Finance could be available as a Bank invests in the SPV , and de facto owns the assets of the Company ?
My question is :
WHICH `Private Company (s)` are associated with VAST , WHO owns them , and WHERE can we see details of their structure ?
Is this a backdoor to future Privatisation ?
I`m not an accountant , BUT , as an investor I wonder if there is something else smelly down in the woodshed .
Perhaps somebody better versed in these sort of activities could clarify , or better still , could somebody who talks to Prelea or the Nomad ask them to tell us ?

Usually special purpose vehicles are created to isolate assets in event of the parent company going bankrupt .
I presume (?) that such an arrangement might provide protect ion for Prelea`s personal interest in the Romanian assets .
Do you know where investors in Vast can find details of these `Companies` ?