Vast Resources Share Discussion Threads

[jtidsbadly] 02/3/2024 19:12

This board has descended into a weird fantasy. The bottom line is, the market capitalisation here is roughly £3mm (yes, £3mm) and Vast need $10.5mm in short order. The people who stumped up the money which is now overdue for repayment presumably don’t subscribe to Kenmche’s definition of “progress̶1; but will have run a slide rule over the value of parts of the business before they lent the money. The diamonds are not forthcoming. How are Vast going to raise the money to repay the overdue loans? That’s a rhetorical question. Shills and mugs need not reply.

Whichever way you cut it, this is an ex-parrot.

[bionicdog] 02/3/2024 18:24

They certainly don't. Buy in high and watch your money dwindle to nothing , that's the way it works.

[hopeful25] 02/3/2024 17:38

Exactly K, some of these idiots don’t know how it works !!!!!

[hopeful25] 02/3/2024 17:36

Oh hang on the Mutt is overexcited again😂

[kemche] 02/3/2024 17:13

Some of us that bought in previous years did so to support the company. Did we know that the price would go down? Of course we did. But we also knew that we would be able to get more shares even cheaper which we have been doing - through consolidations, endless fundraisings, new projects etc. Why have we done that? Because of progress that's why!

[bionicdog] 02/3/2024 17:08

"You cannot judge this by previous years performance!"
Previous years when you bought. Yes you can judge them you utter moron.

[petersmith6] 02/3/2024 15:21

Unfortunately I have friends and relatives out there.. so I try and have some kind of positive approach.

[hopeful25] 02/3/2024 15:17

You cannot judge this by previous years performance! There are other aim company comparisons that are doing very well this year and going forward! Some of them were appalling previously!
Take Prem for example!

[jungmana] 02/3/2024 14:49

A 100 to 1 share consolidation in 2021 , A 6 to 1 share consolidation in 2024A GBP 1000 invested here before 2021 consolidation will be worth less than GBP 10 today.What next by 2027?Wake up punters

[waltzing] 02/3/2024 14:10

Petersmith6 solving corruption in Zimbabwe or anywhere else in Africa is mission impossible imo.

[hopeful25] 02/3/2024 14:09

It would be impossible to solve corruption in Zimbabwe and other African states!
However Zimbabwe are changing certain rules and want to be seen as doing good things!
I also lived In Zimbabwe then Rhodesia and corruption was a lot worse then.
Everything takes much longer and the certification and export details are holding things up!

[bionicdog] 02/3/2024 13:55

You predicted it all GF . . . oh , hang on.

[petersmith6] 02/3/2024 13:53

Solve the government issues and corruption and vast can make a more than reasonable profit

[gold finger 1] 02/3/2024 13:46

So why have vast fallen so much, SIMPLE. They have had to finance themselves for more than the last 10 years. The trolls dont want you to see this, as they just want to see the company fail. When vast do finally 10 bag. That will be a fail in their eyes. We have some trolls that have spent 10 years posting hate about Vast. Yes they took a gamble back then and loss. To have spent that many years posting hate must mean they lost very big. But they would have you believe they are experts on all things vast. Yet all i read from them years ago was hate, along with a few companies that they claimed were much better bets than vast. Yet they went to the wall. Not a great look. Then when you looked at their posting history, you will find not one company that they have or will admit to holding a position in.
I even offered them a bet at the beginning of the year. But they would not take it, as it would have meant them having to be positive about a company. They would have almost guaranteed to have won that bet by now. But admitting they were positive about a company, would be just too risky for them.

As i have said on many occasions, If you dont like the management and what they are doing sell. I would, but i believe this will become a very big company over the next few years. That is why i have been buying and continue too buy.

I watched that program on C4 over the last 4 nights, about two groups of jurors that had to watch a old court case. It was clear that you had forceful people in both groups, that pushed their opinion onto others. As the result was shown, you had both groups giving two completely opposite verdicts.

[petersmith6] 02/3/2024 13:31

The sad thing is ,they have people willing to work.. there factory's and miners out there doing there best.. they for make a profit...but then comes the officials...And the unofficial tax collectors.. and when it comes to import/export... there the brown envelopes..or thinks just dissappear. They imported 13 mini diggers..11 made it through..My uncle was told " they must of fallen off....Yes from inside a 40 foot shipping containers..Remove the corruption and the people of zim will come good .

[bionicdog] 02/3/2024 13:07

What a rare insight you have in doing business in Zimbabwe , yet you still mysteriously lost all your money "investing" in VAST.

[petersmith6] 02/3/2024 12:59

The hard part is removing the corruption.even though Robert mugabe has long gone ,it's still rife in zim.. there is still bribery, but there is still the need to donate the occasional car to the appropriate people. It's getting better, but parts of zim are stuck in the 16 th century.

[bionicdog] 02/3/2024 12:55

You've rarely mentioned it Peter.

[petersmith6] 02/3/2024 12:39

I've been to Zimbabwe a few times.. they are drastically in need of money. So not that unlikely

[jungmana] 02/3/2024 12:28

The Zimbabwe government is not that desperate. Vast of all companies? Probability of that happening is 1/100

[bionicdog] 02/3/2024 12:23

What if you win the lottery Peter?

[jungmana] 02/3/2024 12:22

See the rns from the last consolidation in 2021;LETTER FROM THE CHAIRMAN OF THE COMPANY Notice of General Meeting at 11.00 a.m. on 5 May 2021 1. Introduction The purpose of the General Meeting is to consider and, if thought fit, approve the Resolution relating to the Capital Reorganisation as described below2. Reasons for the proposed Capital Reorganisation At the date of this document the Company has in issue 21,300,489,402 ordinary shares of GBP0.001 (0.1p) each ("Existing Ordinary Shares") which are publicly traded on AIM. The proposal is to reduce the number of Existing Ordinary Shares by a factor of 100. This will be done by converting the 21,300,489,402 Existing Ordinary Shares into 213,004,895 New Ordinary Shares and 2,343,053,845 New Deferred Shares. The New Deferred Shares would rank pari passu with the Company's existing Deferred Shares and would have no economic value so that each New Ordinary Share in principle has exactly 100 times the value of each Existing Ordinary Share. The Capital Reorganisation comprises two distinct parts, firstly a consolidation of the Existing Ordinary Shares on a 1 for 100 basis, and then a subdivision of each resulting ordinary share of 10p into one New Ordinary Share and eleven New Deferred Shares. The main reason for the consolidation is that the number of Ordinary Shares currently in issue is now considerably higher than that of other companies of a similar size on AIM. Combined with the current low share price, the Company has been advised that the share structure is inappropriate for an AIM company and needs to be rectified. The Board also anticipates that the higher price per New Ordinary Share should, in due course, improve the marketability of the Company's shares to institutional investors.