Vast Resources Share Discussion Threads

[g2theary] 04/3/2024 12:48

Nice to have added at all time lows last couple of days ;)

[petersmith6] 04/3/2024 12:43

Wel that's never going to happen

[bionicdog] 04/3/2024 12:41

I can't wait for ADVFN to sort the chart out so the idiots can see what's really happened.

[kemche] 04/3/2024 12:41

BLUE as predicted!

[petersmith6] 04/3/2024 12:40

Why do you think that?

[apache_dropout] 04/3/2024 12:30

But there is no platinum.

[gold finger 1] 04/3/2024 12:25

If there was the slightest chance that the debt was going to be called in. it would have happened late thursday or friday at the latest. There is not a chance in hell that Mercuria will be calling its debt in. The only chance is if Vast want to pay off that debt, to get better terms, IMO. We just await now confirmation that the first sale of platinum has gone through to the Swiss investors. And to see if they do supply Vast with a firm interest in providing major restructuring finance to the Company, partly through debt and partly through equity to be issued at a higher price than the current share price.


· Subject to the completion of the first sale under the Platinum Group Metals Agreement the owner of the Swiss investment Company owning the high grade PGM concentrate has indicated a firm interest in providing major restructuring finance to the Company, partly through debt and partly through equity to be issued at a higher price than the current share price.

Good progress is being made on independent assays of the platinum concentrate for the benefit of the buyer pursuant to the Platinum Group Metals Agreement announced on 22 January 2024 with a Swiss investment company, which if the results are confirmed as expected, could result in a first sale by the end of the month thus immediately generating revenue from the arrangement.

So it does sound like talks have been on going. So with a $100+m agreement for a year. That would be worth at 2.5% $2.5m. So at even a 20% interest rate for the year, that would be at a cost of around $1.7m for the whole $8.5m debt. So the money alone from this one deal would more than cover the repayments of 12 months interest. But as we know. until we have anything confirmed, we cant rely on it.

[bionicdog] 04/3/2024 11:59

Nobody has stumped up any money.

[petersmith6] 04/3/2024 11:40

My thoughts are this..Nobody would have stumped any finance if vast were dead in the water.Polo want to make money so its in there interest for the share price to go up.. ( any polo shares that come to market will be worth more.

[bionicdog] 04/3/2024 11:21

You're rarely wrong Peter.

[terminator101] 04/3/2024 09:30

This post from the resident delusional ramper wont age well.

[gold finger 1] 04/3/2024 09:26

So it looks like a new extension to the debt, Diamonds on there way, or Swiss investment company coming up with finance.
Not sure even the maddest troll could come up with any other reason.

[bionicdog] 04/3/2024 08:45

1 share trade in a desperate attempt to convince the morons to buy more as the Tajikistan story didn't work.

[skif] 04/3/2024 08:06

Any sign of the fantasy platinum.

Thought not.

[bionicdog] 04/3/2024 08:04

GF really doesn't like that post in the header. It's costing him a lot of coins to try to keep it out.

[terminator101] 04/3/2024 07:27

No imminent fantasy diamonds huh. Shocker.

[bionicdog] 03/3/2024 23:13

Have a lie down Peter.

[kemche] 03/3/2024 21:40

BLUE by COP tomorrow. There, I have called it.

[1347] 03/3/2024 21:32

When you learn how to write in English making correct use of one of the most common verbs in the English language then we may be able to have sensible dialogue but until then not. This company is a scam that's all there is to it anyway.

[petersmith6] 03/3/2024 21:13

If vast was doomed, nobody would have coughed the loan.. the receiver would of been called in and game over player one. So should we be worried. Vast need very close scrutiny for the next 3 years