Vast Resources Share Discussion Threads

[gold finger 1] 14/2/2024 12:54

kemche

Not that large a volume really after that news.
As for being blue by end of day, i dont think so.

Zen
who said there is a DISCOUNT placing coming.
All i have seen is this regarding a placing.
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. so, i see this. partly through equity to be issued at a higher price than the current share price.
As you have to give at least two weeks notice for a GM. Today was the latest they could call it before the 29th of the month.
It does read most likely there being a placing. But there are a lot of other options in this RNS. I would preferer to buy while i can at this discount i know is there. Some will wait to see what happens.

[hopeful25] 14/2/2024 12:54

Yep top up for me also! Company needed a back up alternative!! Still plenty to get excited about!! No panic!!!!!!

[skif] 14/2/2024 12:51

Is it still cold in Tajikistan, I hope so.

[purchaseatthetop] 14/2/2024 12:40

Kemche…
“I have a sneaking suspicion that we could possibly end up BLUE by COP. Any thoughts?”

Yes, most of the boy band BLUE have gone bankrupt so it makes sense.

[bionicdog] 14/2/2024 12:37

Every £1000 "invested" when GF started ramping is now worth £2.40.
Well done everybody , you knew best.

[iceagefarmer] 14/2/2024 12:37

ive switched to HE1 and QBT..buy back here in a couple or 3 weeks

[gold finger 1] 14/2/2024 12:28

As i said, dogs thread will go with the rest of his threads.lol.

I dont see Mercuria calling in their dept. So just Alpha could. So just about $4.5m to find. That is if they were to callin their debt.

The Directors would like to stress that the authority is required in order to give comfort to the Creditors. With the near term prospect of receipt of the historic parcel and the benefit of current discussions with the owner of the Swiss investment company, and also with the expected rise of the Company's share price in the light of these developments, it is not expected that a material proportion of the requested authorities will be required in practice, or if required not at prices similar to the current share price.

Its always wise have a alternative, to fall back on if needed. Only a fool would wait and have no bargaining chips to play. This could be all down to the person who had put up the property as collateral wanting more for this to continue. Time will tell. But as i said i am happy with all this news. That why i have bought more.

[1347] 14/2/2024 12:26

There is zero chance of raising enough by a placing to pay the debt off. The only chance they have is someone funds Vast in exchange for taking control, aka equity wipeout, although why anyone would want to take over a loss making mine is beyond me.

[teaboy100] 14/2/2024 12:24

I completely agree; GF is utterly pointless with his relentless spew. He's actually welcoming a zero share value now. How utterly mental is that. Such is his vision of progress. Deserves to be destitute.

[shortsqueezer] 14/2/2024 12:21

As if. lol

[zen12] 14/2/2024 12:11

Why...when there is a discounted placing coming???Vast Resources hopes to repay debts with USD9 million share placingSource: Alliance Newsesources PLC shares plunged on Wednesday, after it announced a general meeting to propose issuing new shares to potentially repay...

[kemche] 14/2/2024 12:10

I have a sneaking suspicion that we could possibly end up BLUE by COP. Any thoughts?

[kemche] 14/2/2024 12:09

GF1 - what do you make of the volumes today? Most look like buys to me.

[kemche] 14/2/2024 12:07

"This may go down to no value being left in the stock. so starting from almost zero."

Just imagine how much you could get at that price. Lucky sods!

[bionicdog] 14/2/2024 12:06

GF
Shut up you vile lying scum.

[kemche] 14/2/2024 12:06

Agreed GF1! The only voice of sanity in a sea of dross.

[bionicdog] 14/2/2024 12:01

Who will be first to turn on the lying scum GF?

[kemche] 14/2/2024 11:45

SS, How do you know I haven't already? Do you think I am stark raving bonkers? A complete and utter loon? Certifiably loco, insane, off my rocker, a chump, an imbecile, a moron, delusional???? If you think that then you don't know me sonny Jim!

[shortsqueezer] 14/2/2024 11:41

Kemche haven't you forgotten to average down today? :-)

[kemche] 14/2/2024 11:39

At least MindthegapDOWN was prescient with his moniker which is more that I can say for you.