Member Info for wakeyinvestor

Hopefully there are few or no PIs who set stop losses at 2p. That would be very unfortunate not to say irritating. Hopefully the SP recovers towards 3p in next day or so.

Drizzy

0.2p surely, although 20p would be a dream. Hope so, this could be the next big multibagger after HE1.

The recent success and mammoth SP rise of HE1 will hopefully give a boost to the whole oil & gas and mining exploration sectors, heaven knows we need it.

Neil777

Just posted on HE1 chat to wish holders the best for next week, the LTHs have had a torrid time of it, so let’s hope the news is good. As for ENET this is for me a lot less risky as it doesn’t rely on a binary outcome. I’m in ENET but have missed out on HE1. Unfortunately I’m also in Vast at a high average when investors were hopeful of the so called historic parcel being delivered and sold ( we are not supposed to call it diamonds apparently).

Just wanted to give investors my best wishes for next week when hopefully the RNS you are hoping for materialises. Those LTHs that have a high average pre the last placing have had a chance to average down and just need Lorna to put the ball in the back of the net (to use football parlance). Unfortunately I’ve missed out on the HE1 recent SP rise but nevertheless I think all investors in small cap mining companies will do well if HE1 succeeds as it will hopefully provide a huge boost in confidence that the sector needs.

I am an investor in ENET, increased my holding by 40% yesterday at 1.30p before it dropped. Average is 1.81p so hoping it comes back. I’m not an investor in HE1 and am a tad bitter I missed out on that one. Hope that’s transparent enough for you.

HE1 is like a game of musical chairs. Don’t be left holding the shares when the music stops playing. Once HE1 news lands and it disappoints the money will migrate to ENET IMO.

I think he wants you to know, being the wind up merchant that he is.

The catch is the process isn’t patented (yet), the project still needs state approval and the financing model needs revamping (hopefully that doesn’t mean placing and shareholder dilution).

Supreme SP has gone up since the news yesterday on disposable vapes and Chill should do so as well once placing shares have been cleared. IMO and DYOR

Agreed but resolution 4 should be voted down and make them call an EGM later when they need to raise money and get them to justify it at the time.

Petroinvestor, we get it, you think there’s a placing incoming. No need to keep repeating yourself.

The historic parcel no doubt exists, but it is doubtful Vast will ever receive it, after all it has been around a year since the Court judgement in Vast’s favour.

People may have invested based on the positive RNS yesterday and the one last week. They will rightly feel they’ve been sucked in to this share. Why couldn’t the RNS yesterday and the placing one this morning have been issued together?

Definitely could have done with a summary of the cash position (although I believe it is at least cash neutral if not now cash positive) but in terms of trading performance these are excellent figures. Hopefully the market starts to recognise the value as current SP isn’t far off the all time low even though trading is booming (pun intended). Let’s hope the SP can escape (geddit) this low

No shareholder dilution, that’s what we like to hear. Hopefully the debt funding issue will be resolved shortly too and upwards and onwards from here, with or without the diamonds

The future of Vast is not dependent upon the diamonds. The lenders have ample asset security and if they lose patience they can force sale of the assets or preferably Vast should be able to refiance with someone else, albeit on perhaps less favourable terms. OK, so an imminent SP of 0.7p + is not on the cards without the diamonds but this isn't a glory or bust scenario. The biggest disapointment will be if the diamonds don't exist but that means all RNSs over the last 12 months referring to diamonds have been lies. I don't believe that is the case because a lie wouldn't be repeated , continually and consistently. I just think we're in a difficult jurisdiction. IMO and DYOR

Anyone who has an average SP of low 8p should be OK as that is what Wyloo paid. If SP continues to drop this provides an opportunity to try and average down towards 8p if not lower. When there were placing rumours Wyloo offered a substantial debt facility as it does not want to be diluted. Tells me around 8.2p or lower is a good place to be. All IMHO and DYOR

Hey Neil777 I’m a 60 year old with a grade A in O level geology so put that in ya pipe and smoke it ha ha ha

It is an omission that the RNS doesn’t update us on the current cash position. He doesn’t have the authority to raise more money via a placing so I think it’s important that shareholders have a rough idea of how much is in the pot and what the anticipated spend is up to the end of February. This RNS to me seems pretty pointless.