Vast Resources Share Discussion Threads

[ianio5691] 13/2/2019 13:02

Agreed that a placing is the only sensible option left Yorgi, but at what cost?

They need to get the shareprice up and off the floor to even consider it, as it will be impossible to place at current price.

If they have any golden nuggets of info left in the bag, that can be dropped to give a lift to say 0.2p, they would then need to issue 2.5billion shares to raise the minimum needed of £5m....!!!

A dilution of 38% - but at least we would then have the cash to clear some of the millstone debt, and fund BP into initial production.....

Completely ridiculous position to have put us in!

[astjgroom] 13/2/2019 12:22

No volume, big sell pushing the price down in the background. Vast desperately needs some positive news on cash front. This could touch year lows again without.

[32sam] 13/2/2019 09:58

Edjge2 yes its hard to tell whats going on, share price you cannot predict buy or sell unless significantly above or below mid-price.AP has his leash pulled in as no more podcasts, had not been for the podcasts i would have cleared out at .63. My bad call when I thought answers were bit smoke and mirrors. Even now its a cat and mose game. I think Mercuria pulled out because they could see their off-take not being fullfilled and/or they could not take charge of Romanian assets as SSGI won't relinquish hold over Romanian assets until they are paid. Chicken and egg situation, AP miscalculated on BP, he should have given priority to those trucks!Also, when I get a chance I am going to try and look at how much SSGI are scewing us for, a lot of talk has been going on about the sulphides at PP this even before the name change to VAST if I remember correctly.Sam

[edjge2] 13/2/2019 09:10

32sam looks a bit dire. Some management stuff to be positive, thinking about risking some nevertheless.

[32sam] 13/2/2019 08:56

Because AP thinks he makes fantastic deals. I can make deals until I have to pay for the deal! Also he doesnt want to dilute shareholders!! Thought he would learnt a lesson of the past follwed by Crede.

[32sam] 13/2/2019 08:33

I think too, just wondering whether to sell before Friday, so I can average down. Huge paper losses!!Sam

[32sam] 13/2/2019 08:08

Imo next placing around 0.125?Also where are the trucks?I wish AP would do a podcast.... would show some confidence rather than a school boy hiding behind the sheds.GASam

[johncasey] 12/2/2019 16:12

marange mines back= 10p in an instance...seems a good even money bet to me

[32sam] 12/2/2019 16:04

Reading the RNS would not be surprised of a deal in next couple of days.GASam

[mreasygoing] 12/2/2019 15:55

Buy when others are fearful. I've had a few today. This moves very sharply on news, got a feeling some will come soon.

[sandeep67] 12/2/2019 15:38

Beacon Hill Resources part 2. Bust

[rookie666] 12/2/2019 15:37

No Astjgroom, angry share holders should be their biggest concern!!!! "Get the pitchforks out"...

[astjgroom] 12/2/2019 14:50

Cash flow now is their biggest concern.

[rookie666] 12/2/2019 14:06

On the back of having possibly the worst AIM mining portfolio around, I've decided to make some further top-ups to my crypto holdings. Not putting anything further into shares until Brexit and everything else sorted out...what a VAST mistake!

[johncasey] 12/2/2019 14:05

LOOKS like we've bagged the diamond mines...multibagger from here

[johncasey] 12/2/2019 14:04

rns out..dont forget BUDD still in,he knows the score and AP

[the_fiddler] 12/2/2019 14:03

This is going to get dumped again. They are offering no cofidnece about the signing of any finances. Dumped this afternoon and tomorrow, wAatch out

[rookie666] 12/2/2019 13:58

To all those scratching your heads as to what is going on



Not on VAST's website yet...... Not looking good!!!!