Vast Resources Share Discussion Threads

[bionicdog] 14/2/2024 19:00

Wasting coins removing my posts from the header. I have proved before GF that I have more than you.

[teaboy100] 14/2/2024 18:29

GF has stated that BP is profitable, and harked that much progress has been made. He has implied that profits will be used to pay off the company debts. He has also opined that he thinks the new deferred shares will be created to benefit from a dividend, presumably also from the magnificent profits being generated at BP, and elsewhere in the VAST portfolio.However, as has been proven many times over in the last many months, GF is illiterate in reading this company.

[harps01] 14/2/2024 18:20

If BP was one of the projects I was looking after I would looking at analysing the return on investment going forward.

Just looking back for a moment, the facility had all large infrastructure in place but a lot of items needed to be repaired and some items replaced. the mine has now been in operation for over three years. It was supposed to start generating free cash flow after the first year. Plan was labour intensive but was reworked to become a mechanised mine plan. The majority of equipment been in place for nearly two years now and was supposed to increase production significantly. This hasn't happened. Millions have been spent on the mine above original and revised forecasts to get mine to name plate capacity of 14,000 tonnes per month. A year later on and still not hitting name plate capacity and not enough money generated for development work. Every target to date missed.

As investors/owners of the mine (well I only own about 100,000-200,000 shares, different trading account to 99% sold this morning) we should be kept updated on what this additional funds raised will actually achieve. With a market cap of just under £4m are we not better off letting the creditors take over the mine as its not generating any cash for investors!

Vast have other interests which can generate money going forward and probably worth the current market cap alone.

In addition there is the parcel of diamonds which could potentially return multiples of current market cap.

The potential mass dilution would reduce any returns toshareholders. Is this actually in shareholders interest? Is it the case BP mine will not generate any free cash until substantial further investment. Clarification is needed. Is it the case shareholders are being sacrificed to protect the third party real estate?

I can understand BoD wish to continue with BP but only if it's in the interests of shareholders to do so. Not sure if they have been working in our interest these past 12 months.

[mark0419] 14/2/2024 18:17

Purchaseatthetop these are your own words on the 8 February.ITX bought at 2p exitedSTW exited at lossBMN sold at 21pAGL sold between 65p and 95p.Wish I had exited ENET at 59p Love PATT

[mark0419] 14/2/2024 18:11

Stop with the lies, you were found out in a court of law.....people only have to scroll through your sordid past buying with ENET at 60p you even said the other day you bought ENET at 59p pmsl......

[purchaseatthetop] 14/2/2024 17:09

It’s an astonishing trait. To quote the highest price a share has got to and then claim that the target bought in at that price. Yes I am in ENET. I have bought between 35p and 0.25p. Yes I am losing at the moment. Nothing more than that.

[shortsqueezer] 14/2/2024 17:07

Nobody. But it makes the losers feelBetter if they can point to others who have failed too. Strange psychology but it helps them.

[mark0419] 14/2/2024 17:04

He no longer lives in a green house he lives in a prison for charity fraudsters

[mark0419] 14/2/2024 17:03

And you were right about ENET also....that's why you bought at 60p and now 1p.Strange how I was filtered ......but you keep on trolling away.pmsl

[shortsqueezer] 14/2/2024 16:54

Or possibly living in cloud cuckoo land. Such as gf

[tricky red] 14/2/2024 16:44

Anyone ramping this is either desperate to get out or is happy selling others down the river. If it looks like a dog and barks like a dog etc..

[shortsqueezer] 14/2/2024 16:31

What sorting out?They are losing money every day. Unless they can miraculously hit some higher grades then its curtains.

[shortsqueezer] 14/2/2024 16:29

Sort of suggests that he seeks out companies on their last legs to milk them for a decent salary whilst planning out his next move onto the next one. He wouldn't do that would he? He has done well here though. For himself. Is he gf do you think?Can't imagine why anyone would be so ultra sycophantic in any other case.

[bionicdog] 14/2/2024 16:28

You are forgetting about my part in it.

[harps01] 14/2/2024 16:26

Brexit - BP is in Romania not Cornwall!

Covid - Well AP advised it had minimal impact. Was he lying?

Don't think they were really an impact. Definitly stopped Craig visiting the mine during covid period but then he wasn't really adding much to the ramp up at the time. They have a local person in place for past couple of years.

Really need to start talking about Vast BP operation which needs sorting out.

[goggin] 14/2/2024 16:23

Andrew Prelea was a director, or equivalent, of the below listed companies within the South Pacific Group on or within 12 months of their going into administration. date of Bankruptcydate of administration (under Romanian Law) date of Andrew Prelea resignationBrooklands SRL26-Jan-1619-Dec-1123-Nov-11South Pacific Design and Build SRL18-Jun-1220-Feb-0918-Jun-12Antrepriz Rezidentiale srl24-Mar-1602-Jul-1326-Mar-12(formerly South Pacific Constructii srl)Darwin Residence II srl24-Sep-1321-Mar-1227-Feb-12Adelaide Residence srl07-May-1213-Apr-1120-Oct-10South Pacific Group Melbourne Residence srl14-Feb-1214 -09-1030-Mar-12

[purchaseatthetop] 14/2/2024 16:21

That’s odd! Maybe I was right with VAST just like I was with MOS? Both of which resulted in you endlessly trolling me.

Mark0419 - 22 Nov 2023 - 21:27:13 - 16627 of 22073 the other thread is for trolls - VAST
AP knows their worth and it won't be long before all invested knows also..........
Get your shares ASAP before the big rise.

[mark0419] 14/2/2024 16:17

Have a word with yourself.....AP cannot stop lying........he ready to shaft everyone holding shares. He should do a podcast .....see how he weasels his way out of this mess.

[kemche] 14/2/2024 16:13

It's not AP's fault. We have had Brexit and Covid to contend with. He has done an admirable job. He has my full and unconditional backing. He has worked tirelessly on behalf of the shareholders. It is not his fault if the MMs are against him. 90% of the loss is down to Bionic alone!

[shortsqueezer] 14/2/2024 16:12

Bet he's done well out of it though