Member Info for Wiggly

Excited for tomorrow with key interest in;

1. Will we hear anything regarding the Atlus interest payment? No news would surely confirm we paid in cash... Which, as discussed earlier, would be extremely bullish for our future direction.

2. Perhaps tied with the above, we will surely receive a grandstanding RNS (followed by news drive/interviews) highlighting the FIRST SALES, which is a truly monumental moment in the history of VAST.

3. perhaps not tomorrow/this week, however JORC is forecast for month of October.

Also, regarding the Diamonds, is Mark Mabhudhu's move likely to open doors for VAST?

No need to place again once debt deal is finalised.

In order to be transparent, I've gone very heavy here so expect me to post bullish statements.

During October (I suspect starting next week) we should have the news of first sales followed by JORC. Based on what we have heard so far regarding grade and scale, I do expect the JORC to be blockbuster.

There seems to be distrust in the bod due to previous dilution but at the end of the day they have delivered a producing mine and the opportunity here from this current MC does not get any better.

We then have brucy bonus potential of diamond deal.

Could be multi multi bag by xmas

Nice chart. Someone was busy buying 5m blocks all day

Hardly a TS. looks fairly stable. Ask at 16.5 was hammered

Or today..... bid strengthening

I think Monday is nailed on for some blockbuster news.

So, dates were as follows;

MArch 31 (Tuesday)
April 30 (Thursday)
June 1 (Monday)
June 29 (Monday)
Jul 30 (Thursday)
Sep 1 (Tuesday)

No update today (October 2nd) and Monday will be October the 5th....so something has changed.

Paying in cash would be unquestionably a strong statement of intent and path forward!!!

According to Twitter it appears Atlas have been paid in cash and no need to RNS as normal course of business. It appears that the VAST directors have liked this tweet!?!?

No need, I know it was said before however, Im willing to invest at this point in the firm belief that we will kick on strongly from this point with no further dilution.

Extremely unlikely to be any further dilution;

See below from last update;

“We are of course disappointed that we have had to come back to the Market for further funding to get Baita Plai to recommence production, but are confident that this is now the final stage. However, we are very pleased to have reached this stage in the process with this international banking institution. Part of the money being raised is to cover the expenses of this exercise. The finalisation of this process with the strategic long term debt provider will, once final Due Diligence is completed and final approval for the facility is received, mark a significant turning point in the way the Company is financed moving forward.”

Also, lets not forget that Copper price is trending a 2 year high!

Check the VAST twitter feed. On Sep 21st they confirmed that the new bridge installation was complete (including pictures) and confirmed that the Copper Concentrate sales were expected to commence October.

I would expect detailed Ops update next week.

I think that that is the investment opportunity here. For whatever reason, things have not worked out up to this point, with shareholders paying the price via dilution HOWEVER, even the greatest cynic surely cant deny what is coming this month? The bridge has been fixed (see VAST Twitter feed) and, after years of waiting, the significant sales/cash inflows will surely now commence. The fact that the legacy shareholders have been hit hardest up until this point, creates a huge opportunity for new buyers at this level.

Not many exploration companies make it to full production without some significant pain along the way - check SXX for a nightmare scenario. In VAST case, they have reached the production point with minimal debt. Very strong buy from me.

Very exciting. First sales and Jorc will be transformational. Quality and scale of the grades are above expectations.

Net debt is minimal and compared to asset value and expected cash flows we are significantly under leveraged. Once the jorc is announced I expect II will begin to invest. Of you wait for that to happen there is no chance you will see this trade at this level

Yes, very strange.. Clearly, VAST has been a painful investment for long termers however, the company has finally moved from exploration to production and will be generating huge monthly cash flows.

Vast should be trading at multiples of 23m MC.

I can't understand the current MC with the cash generation that will commence from October.

As a newbie I'm hugely excited about q4 which I expect to be transformational for my PF.

Very nice. News from romania tomorrow?

Foolish trade. Month of October will be very exciting with VAST!!!