Member Info for Woodster5

Hi swizz - thanks for that. How do I view his presentation? Doesn't seem to work for me.

Now charging a premium for 100K

sam - at 1p vast would have a market cap of 90 million quid - think it needs to prove it can get BP and zimbabwe going before it can even dream of a market cap like that.

MM Sounds rather desperate there. Need to do a little more research me thinks!!!

for balance, i should also state is was massively oversold down to 0.1 - but that's AIM for you - goes from massively overvalued to massively undervalued.

No way imo this should get back to .55 - it got massively overbought. They have to prove they can get BP up and running and get mining in zimbabwe. Can't justify a market cap of £55 million in this dire market.

There was a very indepth interview published end of last week in which JM mentioned that we would hear news on funding in q4. I did not take this to mean it would be finalised but maybe a bit more flesh and maybe the first bit of the jigsaw.

How did they manage to get hold of that amount of stock at that price??

The 300K at 1.38 was my little top up in my SIPP. Still some years away from retirement but hoping that my holding of 1.5 million will make a difference.

As usual the media have got themselves very confused over executive remuneration. The "bonuses" they have supposedly received are not bonuses at all. In the past three year, there LTIP awards have lapsed every year because performance targets have not been met (and rightly so) and their annual bonus plan has paid out once (in respect of 2017 performance and at a very low level) in the past three years. The amounts received are simply annual salary (about £750K for the ceo if i remember rightly) and pension contributions. If the labour party and their anti business agenda want to claw back fixed pay then that is very dangerous territory.

So you bought in when everything in the aim junior mining space was massively overvalued. AIM goes from one extreme to the other. If you'd have put your money into the majority of other aim juniors you'd have fared just as bad, if not worse.

Miton are long term holders nd i doubt they look at the price on a daily basis. The fact that we have massively out performed the junior mining index over the past year should be of some comfort. You need good news (which we have generally been having) just to stop your price from being trashed in this market.

I don't doubt you are down, but how can your average be 16 pence when your investment has gone from 30K to 6K. If we were ever to get back to 16 pence, your investment would be worth circa 96K. Think you might need to recalculate your average.

Yes please do swizz - you're the only insight into the company we have.

It would be great if we heard this from Jangada rather than you digging around. The Company really do need to up their game - there is zero interest in the market and every sell knocks the price further.

You'd have thought JAN would have announced the report to the market - anything to get some interest going.

Has anyone any idea what is going on with the PGM project. We were so close to BFS - is it now totally out of our hands or do we still control any news flow until it is formally transferred. Are we going to hear anything? Extremely frustrated.

Price is simply reflecting the wider market for junior miners - absolutely no interest and the market sitting at multi year lows. Very hard to make any progress when you're up against that. Need a change in market sentiment for proper gains.

You normally find that consolidation occurs with companies that are pure explorers and have no revenues. The last decade has seen the junior mining market being hit for six. Companies are constantly shorted and diluted as they raise cash to further assets. Consolidation tends to occur when they near nominal value per share and they are forced into it. At the end of the day the market cap is unaffected. All things being equal, and with us (hopefully) becoming profitable shortly, a consolidation should be neutral - certainly no reason to sell.

They are an investment company - whether they are any good or not remains to be seen. This is simply a play on the junior mining market with diversified risk - junior market is at multi year lows at the moment so no wonder this is hardly setting the world on fire.