Vast Resources Live Discussion

Ripley94 24 Feb 2020

ANOTHER GREAT RNS 1P+ VAST… XXXX I had thought the last top up was @ 0.27p but see above 5th feb @ 0.265p . Topped up again on today’s 3.5% fall back for 0.26p just before close as corona virus spreads to Italy over the weekend just passed .

Ripley94 15 Feb 2020

ANOTHER GREAT RNS 1P+ VAST… XXXX Should of taken more notice of his tip on BOD up 30% Friday . Castaway Price: 0.285 RE: Bizarre12 Feb 2020 21:30 VAST is what it has always been (well for 10 years) - a company in a poor position financially with great assets - most AIM companies are in this situation - that is why they are on AIM - to acquire funding. If you invest or trade in AIM you must understand that. Making money on AIM is like comedy - it is all about… TIMING! I have given up giving my opinion as it is pretty pointless. However in total contrast to my previous statement if/IMO when we get the Marange concession the s/p will bag at least - this is not difficult to understand and even the likes of the great sage buko may get it - predictor of .1p - what a ****!

Ripley94 07 Feb 2020

ANOTHER GREAT RNS 1P+ VAST… XXXXX Must of posted the 0.265p ( Margret birthday buy ) on other site. No rush two days on bouncing up and down on it . Lots of clogging on lse this guy seems ok. … MullaneyJ13 Posted in: VAST Posts: 435 Re- Top Up Time03 Feb 2020 14:57 I think many will attempt to buy back in just prior to next weeks agenda in Zimbabwe anticipating a possible contract signature. Personally believe leaving it very late to buy is quite possibly a high risk decision. Hopefully, many will be caught out with the news signifying what WILL be happening next week will be forthcoming this week. All we can do here is expect the unexpected like everything else where AP and Vast are concerned.

Ripley94 04 Feb 2020

ANOTHER GREAT RNS 1P+ VAST… XXXXX Interesting post from lse about AIM investing . Shares my experience. ben1093w1 Posts: 428 Price: 0.29 No Opinion RE: Optimistic postsMon 237 GGP is good for long term holding, even from its current price, the issue is that as proven by VAST tends to be a losing strategy in AIM, you’re better off getting out with profit then buying back in as the inevitable luls between news take place and the SP drops. AIM is notoriously news driven and to make it worse you can get excellent news that either not enough of the market understands to buy in on or even worse, another company with more limelight gets an RNS on the same day and all the money moves there. Vast will see a rise but i think its optimistic to shoot for 1p based on the MoU announcement alone. The only time we get 1p is if they actually put some effort into an RNS and give juicy figures, timelines and grades rather than, “We got permission to mine diamonds” lol

Ripley94 03 Feb 2020

ANOTHER GREAT RNS 1P+ VAST… XXXXX It was indeed just another small spike on Friday down over 10% today ( Monday 3rd ) Buys at 0.29p .

Ripley94 01 Feb 2020

ANOTHER GREAT RNS 1P+ VAST… XXXXX Sensible post from lse MullaneyJ13 Posts: 430 Price: 0.335 No Opinion Be Honest01 Feb 2020 10:15 Taking many opinions into account and including the accentuated ‘delay’ for the Diamond sign off. Let’s be honest here and answer the question as to why no signature has, to date, been forthcoming. If you were granting such a significant contract whilst under the microscope of the World and your disenchanted country populations, why would you sign off without significant due diligence and conducting deep capability assessments? Without completing such process you would subsume all risk and pressure onto yourself. The President, along with his cabinet, has enough problems to resolve without adding further pressures. I would propose that capabilities of Vast to attract Finance to ensure successful outcomes of the ZCDC / Katanga contract were in question by many. Why would anyone give such a significant contract to a company that may not survive the future without the ability to gain and attract finance, going forward, and may not deliver one of the most significant contracts, for the Country’s ‘Open for Business’ mantra? Quite possibly yesterday’s news may have gone some way along that problem to be answered. Hopefully a positive reaction, in Zimbabwe, to that news will add to argument of the necessity of the Diamond contract to be signed off ASAP. Let’s move on now! Just my thoughts!

Ripley94 01 Feb 2020

ANOTHER GREAT RNS 1P+ castaway posted in late evening ( after the close ) I posted couple of times on lse pointing out no real movement all in massive spread saw spread of 6% up 5.99 at one stage. Zac Mirs resistance was broke ( or was it lol ) . Share Prophets of course had negative view. Vast Resources – let the death spiral commence, and a slam-dunk breach of AIM Rules By Nigel Somerville, the Deputy Sheriff of AIM | Friday 31 January 2020 47 Shares ( not sure what that is about ) hard to believe they do not deal ( maybe collectively ) Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article. One day short of four months on from its first announcement, AIM-listed Vast Resources (VAST) has at long last confirmed receipt of the first tranche of the death spiral funding it said it would not do. So yesterday’s announcement that the cheque really was in the post this time appears to have been true. Quite why it has taken so long remains a mystery, but whatever: let the death spiral commence. But how much actual cash does Vast gain from this charade?

Ripley94 31 Jan 2020

ANOTHER GREAT RNS 1P+ VAST… XXXXX ben1093w1 Posts: 394 Price: 0.335 No Opinion RE: Up 20%31 Jan 2020 08:14 I agree, the response maybe somewhat muted because of the people that got spiked on the Diamond announcement waiting to get out, once we clear them it should be fairly plain sailing with plenty of news still to come Zimb MoU BP JORC Chinese deliveries BP in full prod ReplyRecommendReport Post HT27 Posts: 1,298 Price: 0.335 No Opinion sp31 Jan 2020 08:12 20% ers in and out. Not bad for 8 minutes work randomfella1 Posts: 1,199 Price: 0.335 No Opinion Up 20%31 Jan 2020 08:12 Already, may meet a bit of resistance here with a lot of sellers already bagging and traders making their weekend play money. This should do 50% today based on the RNS

Ripley94 30 Jan 2020

ANOTHER GREAT RNS 1P+ Vast… XXXXX Went up 14% after 10am … This link from lse … also comments on CHAR … Link [link] …

Ripley94 28 Jan 2020

ANOTHER GREAT RNS 1P+ VAST… XXXXX 8% gap up at close !!

Ripley94 28 Jan 2020

ANOTHER GREAT RNS 1P+ VAST… XXXXX I like reading castaway on this one. Share price has dropped last week and a few posts from him . The sector is down due to the spreading corona virus last few days the sector linked to china . … Castaway Posted in: VAST Posts: 10,026 Price: 0.295 No Opinion RE: Why are we waiting…25 Jan 2020 20:46 IMO now the drawdown is requested, the Atlas deal will have to be taken. So I cannot see a placing right now - VAST is always operating on fumes cash wise and has been all the time I have been invested (as do most non producing AIM miners). I have no worries we will get the Atlas cash fairly soon. Understandably the time between drawdown RNS and now has concerns PI’s - the fact our venerable nomad seems to be happy is good enough for me, we know from previous deals Mr Cornish will issue an RNS if any delay was possible and IMO it would have happened by now if that were the case. The first drawdown will take the longest as it involves paying Merc and SSCG and transfer of the mortgage for the Rom assets from Merc/SSGI to Atlas and the no doubt complex legal work for that is a bound to take time as it is across multiple jurisdictions and languages. Funding will arrive next week sometime hopefully, I cannot see it going on that much longer. Castaway Posted in: VAST Posts: 10,026 Price: 0.295 No Opinion RE: ignore the shorter paid deramper!!25 Jan 2020 05:55 Flava - that’s a first for me being accused of deramping VAST Castaway Posted in: VAST Posts: 10,026 Price: 0.295 No Opinion RE: ignore the shorter paid deramper!!24 Jan 2020 19:28 This old chestnut of paid rampers comes up everytime the s/p drops and vice versa with derampers. People who are unhappy with their investment seem to need to blame anyone who happens to be positive about the company without taking responsibility for their decision to invest. These boards are discussion forums and only that - however IMO it is entirely wrong to accuse posters of being paid (unless you have proof ) and it is libellous - anonymity is no protection. So please let’s discuss the company and not the posters. Castaway Posted in: VAST Posts: 10,026 Price: 0.33 No Opinion RE: Diamonds21 Jan 2020 20:52 Let’s see what happens after the MOA is finally signed - there are the historic claims to be sorted as well, hopefully a positive resolution for all parties can be found. Castaway Posted in: VAST Posts: 10,026 Price: 0.33 No Opinion RE: Diamonds21 Jan 2020 20:18 Daz, I am no expert on geology - but we are employing the services of BOD and specifically James Campbell for a reason and it’s not to mine the alluvials (we have a highly qualified and experienced team for that already). JC is a hard rock diamond expert and that’s means kimberlites IMO. Castaway Posted in: VAST Posts: 10,026 Price: 0.33 No Opinion RE: Diamonds21 Jan 2020 193 We will have to wait and see Daz re. quality of stones - the old operations on Marange were largely corrupt, with the company’s undervaluing the diamonds, or just in effect smuggling them out - I think Mugabe said it was something like $15bn worth was lost (though this figure is disputed) - so the true value was probably never really established. There is also a chance of a kimberlite pipe being found on the concession - the diamonds must have come from somewhere after all, but I suppose it will be potluck. Castaway Posted in: VAST Posts: 10,026 Price: 0.33 No Opinion RE: Diamonds21 Jan 2020 18:45 I agree with Sandy on the value - many of the rough stones in the past have been undervalued as they were not properly cleaned, XRT processed and sorted correctly. Many large stones were crushed as the equipment used was unsuitable. IMO if VAST get a field the yields will be far better than previously experienced and of course it will all be above board. Castaway Posted in: VAST Posts: 10,026 Price: 0.33 No Opinion RE: Diamonds21 Jan 2020 17:44 Daz as far as I am aware, the diamonds at Marange are varying colours some brown, some uncoloured - the coloring as you said, is due to radiation millions of years ago. Around 20% are gem quality the rest are industrial. The brown/black stones are well valued in the market. there has always been a desire to grow a local to Zim diamond processing industry as this is where most value is accreted and hence wealth to Zim - this will take time though, so initially presumably most stones VAST mines will be sold internationally. Castaway Posted in: VAST Posts: 10,026 Price: 0.29 No Opinion RE: Not good20 Jan 2020 07:55 Flava we have a funding deal with Atlas for $13.5 mil, enough cash to bring BP on line and mine the diamonds - the deal is signed and the first tranche is due any day. Castaway Posted in: VAST Posts: 10,026 Price: 0.29 Strong Buy RE: Not good20 Jan 2020 07:41 IMO we will get the diamond deal done soon and Atlas funding sooner. Castaway Posted in: VAST Posts: 10,026 Price: 0.29 No Opinion RE: Not good20 Jan 2020 07:39 Not quite true the MDC have been invited - [link]

Ripley94 28 Jan 2020

ANOTHER GREAT RNS 1P+ VAST… XXXXX This S P article getting a mention on lse site… Castaway responding to another poster calling him a bear , i could see which post that was. … PREMIUM CONTENT Vast Resources is shortable and should be shorted BY TOM WINNIFRITH There is borrow so don’t hold back. The market cap was £28 million at a 0.305p share price when this piece first appeared. The shares are now 0.285p but this could go all the way.

Ripley94 20 Jan 2020

ANOTHER GREAT RNS 1P+ VAST… XXXXX Losing track of this a bit records not clear two columns first and third . Sold to early on 8th October 2019 @ 0.36p… Ten days later on Friday 18th ( On flight back ) one day rise of 22% to 0.46p it topped @ 0.51p . in hindsight should of taken that . Castaway posted will go higher !!! Dropped back to near 0.2 p ( over 50% ) …14 days ago 6th Jan 2019 i got some more for 0.2196p ( Wi ) Sold it back 10 days later for 0.27 … ( buying the other choice on 6th January ALBA cheaper today with proceeds ) Forgot i sold some more Friday last for 0.30p sold same again today for 0.32p .

Ripley94 20 Jan 2020

ANOTHER GREAT RNS 1P+ VAST… XXXX USA Closed today "Martin Luther king ". Upped slice limit ( D ) to 0.32 … Forgot that deal had gone trough on Friday above.

Ripley94 18 Jan 2020

ANOTHER GREAT RNS 1P+ VAST… XXXX Might of been wise to slice a couple of times if Nigel Somerville is anyone to go by . … Vast – Interims at 3pm on a Friday, no-one-is-watching o’clock? Uh-Oh……where’s the cash? By Nigel Somerville, the Deputy Sheriff of AIM | Friday 17 January 2020 18 Shares Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article. AIM-listed Vast Resources (VAST), a company about which I have been a perennial bear and issued a sell call in the run-up to Christmas when the debt funding didn’t appear, has released interims to 31 October this afternoon. At 3pm on a Friday! What horrors do we find? The blather at the beginning tells us that cash stood at $1.2 million and boasts of a conditional $15 million (net $13.5 million before expenses) bond facility. So all’s well? Not so fast. The cash of $1.2 million is despite boatloads of confetti being issued during the period ($4.2 million worth, before costs) and net current assets were, er…… negative to the tune of $2.6 million. Right, so cash is…er…critical! As for that bond, we learnt back on 18 December that the cash for the bond had not so far been forthcoming. In that announcement we were told that: …. both parties working together with the intent to effect drawdown before 31 December 2019 But on 2 January we were told that the company had formally requested its first payment……and since then……nothing until now. It is now 17 January – and we are now told that: The Company expects to receive funds shortly Well, when is that….and would we believe the company anyway? Given that we know that the company has raised just under $66,000 from share issues post-period (before expenses) I would suggest that the solvency of Vast has to be called into question here. Of course, it has that binding bond facility which apparently morphed into a binding conditional bond (which is therefore not binding at all, until the conditions are met) and despite all the song and dance since 1st October, when we were expecting sign-off later this week, then following Godot jibes from yours truly, laughable excuses on 24 October. And the cash – promised to arrive by the end of 2019 on 18 December, requested on 2 January 2020 still has not arrived. Does anyone see a pattern here? Quite why the shares are up 7% today is a mystery to me. As far as I can see there is no certainty of the cash arriving, the company is technically insolvent as things stand and if/when the funding does arrive it is a death spiral with bells on which will dilute shareholders to high heaven. And if it does not then the corporate undertaker is ready and waiting. There seems to me to be no reason to read any further: this is a resounding sell/bargepole.