Vast Resources Share Discussion Threads

[aidenabettin] 04/1/2019 08:46

AIM resource assets are migrating to Crypto in 2019 and many companies will be liquidated to release those assets from their present holders.

[footloose2] 04/1/2019 08:22

I thought i would re post this from yesterday as it may have been missed because of all the well informed post that followed it, lol.

I would like to point out that Vast have spent around $4.5m over the last few months on assets and paying of debt.
We have just taken out a short term loan of $1.5m that the market and its shareholders
Are in agreement about looks a bad move. But as long as AP does not convert it seems a good deal. it gets BP up and running in the time frame AP has set out. $15m a year FCF
will come from BP alone. I can see why the naysays don't like this loan as it gets the asset up and running on time and they do not want that do they.
So Bergen can convert the 20th of this months. But they can't sell one share as AP has a buy back clause at that same price for that 3 months. That would make the costs look
much cheaper. So when you look at it from a investors point of view, it would make sense to let them convert, take the second $1.5m when its due then buy back those shares with that money.That giving them another 3 months to finance buying back those shares at that price. Now the naysays would love that, give them more time to trash the company. But it would make financial sense for shareholders.
It would also give us 4 months longer to getting these assets into production.
I don't know if AP could RNS these facts to the market so they know what he planes to do, thats if this is his plan. As a shareholder with no intention of selling anytime soon i would be happy for him to go down this route. The value will be shown
in the share price sooner or later.
We need to look at this loan for what it is,Ignore the market for a few months and let the naysays do what they do.

[footloose2] 04/1/2019 07:52

Yes there are a lot of ill informed posters on here that is for sure.
But you also get liars that made 80,000 pounds, lol,and post how bad the management were then and now?. So AP buys shares again,POSITIVE? well some say no why did he not buy more. Some say its a bad sign. The same people that before he bought was asking why is he not buying.

You can turn anything into a negative that is easy.
Take brexit, we import a massive amount more from the EU than they take from us.
So lets change that fact to turn it negative.But the amount we export to the EU is 50% of our trade, where theirs is only 30% of there trade to us.So every pound we sell to them they sell one pound 50 to us, who has the best deal?
That fact is also misleading as we are not allowed to trade with other countries where we could get the same thing cheaper for a start. Then take the cost of having to pay them a fee every year to be a member.
I know this logic will go strait over some of your heads.

[astjgroom] 03/1/2019 23:01

Yorgi! U still in here!

[johncasey] 03/1/2019 21:44

they only hang round good stocks though..this is similar to what happened to QXL..we had all sorts of vermin in them days...sombrero,errol flynn,cybercity..some of the good ones were bobsworth,popeyedoyle...rocketfuel sort of

[dave4545] 03/1/2019 21:03

I bought a few more million.

The time to buy Vast is when it's weak and struggling, history always shows it will change quickly. Director buy today for 5 million so at least one of them agrees

[astjgroom] 03/1/2019 18:56

I'm afraid the thread is full of idiots. The LSE thread used to be better. When the price is low the people are generally helpful, informative and friendly. But as soon as the price jumps you get the footlosers of the world...

[yorgi] 03/1/2019 18:35

Massive volume here again today with the share price slipping further away. Not unexpected after getting involved with Bergen. The long term chart is not a pretty picture.

[petebarnes1] 03/1/2019 18:01

what a load of childish posters on here nower days, moved off advfn mostly now for this reason. VAST will be a big 2019 winner

[astjgroom] 03/1/2019 16:54

Exactly KenMitch. How can you have a quality board with ignoramos people swearing and ranting all the time. If they had some self control in what they post, they may gain and learn some self control in their investments choices.

[kenmitch] 03/1/2019 16:21

Duplicate post.

[kenmitch] 03/1/2019 16:20

Footloose.

There are plenty of very successful AIM shares. E.g the multibaggers like Boo HOO, ASOS, Fevertree, Blue Prism and many more.

Not all AIM investors choose to invest in companies like VAST that are at high risk of going bust and where the quality of the posts on bbs like this one also lack quality. Often quality of ADVFN posts is a very good guide to the quality of the Company being posted about! Rubbish posts = rubbish company and quality posts = quality company. It really is a very good guide!

If losing on shares like Vast why not widen investment interest to some of the good quality shares on AIM instead?

[aidenabettin] 03/1/2019 15:59

Take the assets PRIVATE. Simple!!!!!!

[the patient investor] 03/1/2019 15:56

it was footloose DEEP ANAL(ysis) that convinced me to sell

vast is walking on a rope at 100 ft above the ground

any minimal inference and they will DIE

[footloose2] 03/1/2019 15:33

I would like to point out that Vast have spent around $4.5m over the last few months on assets and paying of debt.
We have just taken out a short term loan of $1.5m that the market and its shareholders
Are in agreement about looks a bad move. But as long as AP does not convert it seems a good deal. it gets BP up and running in the time frame AP has set out. $15m a year FCF
will come from BP alone. I can see why the naysays don't like this loan as it gets the asset up and running on time and they do not want that do they.
So Bergen can convert the 20th of this months. But they can't sell one share as AP has a buy back clause at that same price for that 3 months. That would make the costs look
much cheaper. So when you look at it from a investors point of view, it would make sense to let them convert, take the second $1.5m when its due then buy back those shares with that money.That giving them another 3 months to finance buying back those shares at that price. Now the naysays would love that, give them more time to trash the company. But it would make financial sense for shareholders.
It would also give us 4 months longer to getting these assets into production.
I don't know if AP could RNS these facts to the market so they know what he planes to do, thats if this is his plan. As a shareholder with no intention of selling anytime soon i would be happy for him to go down this route. The value will be shown
in the share price sooner or later.
We need to look at this loan for what it is,Ignore the market for a few months and let the naysays do what they do.

[aidenabettin] 03/1/2019 14:52

https://www.bloomberg.com/amp/news/articles/2019-01-03/tesla-stock-on-a-blockchain-offers-hint-of-where-crypto-s-headed?utm_medium=social&utm_content=crypto&utm_source=twitter&utm_campaign=socialflow-organic&__twitter_impression=true

[footloose2] 03/1/2019 14:47

I have to say that the AIM market does bring out the worst in people.
Its a well know fact that 95% lose investing on AIM.
But you get those that have lost, trying to convince themselves and others that they did make money and they are experts. Then you get the ones that kind of accept there losses but want everyone else to join them in there misery. Then you get the trolls that go from bb to bb advising people to sell and smearing that said management or the company in general.
Well here you have had a great run due to timings. Well you may as well enjoy it as it will change soon and you will move on to spread your misery somewhere else.