Member Info for V111JAS

SS ~~~ I more or less agree with your assessment and as you correctly say , the question is : `IF` .
We`ve taken a real hiding here . Fingers crossed .

Sarah ~~~ your c. 0.50 is not too bad and as Sandy implied we could realistically get back to those levels , but , if you hold a big proportion of these in your portfolio , I wouldn`t be averaging down . Just my opinion NOT advise .
GL .

Sarah ~~~ I`m afraid that nobody will be able to answer your questions . Some people may give you their views with varying levels of positivity , but there are so many variables here absolutely nobody can say with any degree of certainty where the sp will go as each of these possibilities perhaps materialise . I think however , IF events start to meet some of the much discussed hopes of investors , sentiment will improve and the sp should certainly start to recover .
There are a lot of dissatisfied investors here and a lot of questions that require clarification by this BoD , so any improvement in sentiment could equally be countered until the muddy waters start to clear . I totally understand why you may be a little nervous about your investment , but I don`t think you will find accurate advice on these threads , only opinion , some of it comforting , some of it frightening .
FWIW ~~~ I think this Company has valuable assets , BUT , it has no money to develop them which translates into a very low Mkt cap . There will be some exciting options , it depends on how creative the new CFO can be in driving the finances , and in the process controlling the stupidity of the other board members .
Best of luck .

Judging by the number of recommendations , it would seem that the majority of shareholders would jump at a bid for the whole company at somewhere between 20p and 30p .
~~~~ Myself included ~~~ ` Life`s too short ` !
GL.

"Sure an awful lot here hold more shares :-)"
I`m sure you`re right , and probably a large percentage of them will have an average price much higher than 1p .
Could be quite some turbulence as we fly through the clouds !

Interesting finds 2p .
It tells you nearly all you need to know why this individual should not be a Director of any Company in your share portfolio .
~~~~~~~~~~~~~ His photograph on the Vast website tells you everything else !
imvho .

Harsh , but absolutely right MullaneyJ .
Hope for change lies in the integrity , determination , management and financial skills of the new CFO .
Good luck Mr Paul Fletcher , Vast and the majority of Vast`s shareholders need you to shake up this incompetent BoD and release Vast`s potential .

I did consider buying a few RMP when the sp was around .2p but I thought I would stick with `Quality ` and bought a few more here instead . Short term mistake perhaps , but every time I try to trade a share , it goes the wrong way !
I`m staying close to the Devil (I think) I know , and trust that it will turn out to be my guardian Angel :)
Never read the RMP threads , but I can just imagine what they are like .
Hoping that the heat gets turned up a bit here next week .
GL .

SS , a very good point well made . (sadly of little comfort)

`t be sure of at this point in time .
I`m living in hope but definitely NOT very happy about what has happened here , and certainly not at all happy with AP and the exec Directors .

I`m trying not to think about this in too much depth , because if I do I may have to face up to the possibility of a sell at a big loss . For me it`s a bit of ` head in sand ` for the time being , fearing that if I do sell , sure as fate there will be some positive developments that we can

"AP is responsible because instead of running the business as a CEO and getting plans in place and executing them to give share holder value, he must persist with BP and other ROM assets as a primary because he owns a % of the mines. As soon as they are operational he gets his % of the profits along with his payments for CEO of Vast."

This is singularly the biggest issue I have with Vast . It clearly explains AP`s gung-ho attitude to dilution . I have raised this issue several times before suggesting that even if AP is unwilling to divest himself of his BP interest , he should most certainly improve his personal shareholding by a very large margin . He shows NO interest in addressing this problem . Unfortunately I woke up to this issue too late , otherwise I would have been much , much more cautious regarding my interest here .
After all those bullish podcasts , statements and unfulfilled promises , as far as I`m concerned AP`s reputation remains in tatters . As I said previously , I think he should relinquish his role as CEO and fade into some advisory capacity
9probably focusing solely on Romania . Sometimes when a new CFO / FD is appointed there is a general upheaval in which these sort of board level changes do materialise . Fingers crossed !
On the positive side , I think we all have some idea about what`s coming , but even with further dilution , I think we should make some progress from this bombed out level , not because AP has suddenly changed his tune , but because we have someone who knows what he`s doing with the Compny`s finances .
~~~~ BTW ~~~ Shame on Tucker . imo .
GL .

I agree , shocking comment by Moritz .
Thank goodness their gone .

Absurd , totally ridiculous .

Excellent HH !

" But I do think that there are a lot of posters on BB's that I would not want to follow "

I suspect everyone would agree with that quip .
However in the list of example posts you regard as unacceptable you omitted to mention posts such as your own . Posts that would have us save ourselves by following the advice of the poster , who clearly knows better than anyone else , but still managed to make the same mistakes as everyone else .
Of course you know what a risky place AIM is and how oil explorers simply magnify those risks .
I sincerely hope that you get your `Get out of jail card` .
Anyway good luck , just save yourself .

Good post again Jof .
Re DW ; fwiw i agree with hindsight that the traditional route to raise finance would probably have produced a better short term outcome , however , I believe that he had pi`s interests at heart by making the RI available , perhaps in his enthusiasm he just misjudged the appetite and the available finance from PI`s .
History now .
I share your excitement for the immediate future and beyond , so many things begining to come together .
GL .

S H ~~~~ Amen to that !

"My fear is that FO talks are floundering for some reason"

As many potential partners have `Apparently` shown direct interest , visited the Data room , and that talks have been ongoing for some nine months , I would doubt that the talks are floundering .
However , I hope that DW is not being tooooo greedy and trying too hard to drive an unrealistic bargain .
We need the cash , there is a lot of oil in this region and we need to get on with other projects .

~~~~ Should also remember that those 550,000,000 shares have been taken up , presumably , by persons with greater faith in 88e , than the institution that simply flipped them for a quick buck in providing the Company with liquidity .

Jof ~~~~ I remember you`re post very well and this seemed to me to be the best and the most likely , most credible explanation that I had read .
I kept asking myself how on earth has it taken so long to flip those shares ?
In support of your statement a) That fund raise was not exactly very well received and b) There were something like 550.000,000 new shares issued I think .
So you may just be absolutely correct . Is this the LAST 2.75M or so ?
Let`s hope so !
GL .