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VAST Vast Resources Plc

-0.005 (-1.15%)
Last Updated: 09:00:10
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Vast Resources Plc VAST London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.005 -1.15% 0.43 09:00:10
Open Price Low Price High Price Close Price Previous Close
0.435 0.43 0.435 0.435
more quote information »
Industry Sector

Vast Resources VAST Dividends History

No dividends issued between 16 Apr 2014 and 16 Apr 2024

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Top Posts
Posted at 15/4/2024 15:45 by gold finger 1
trolls, time to bury your head.
here is a post on x from Vast. today.

Vast Resources PLC
"The #copper supply crisis is here. Tight copper mine supply is increasingly constraining refined production: the much-discussed lack of mine projects is finally starting to bite."

wolf, wolf. starting to bite. made me laugh.
Posted at 12/4/2024 12:08 by gold finger 1
so last quarter vast got about $8400 per ton of copper concentrate.
Now they get $9391 a ton.
So last quarter they would have received let say $4,720,800.
Now with the rise they would get $5,277,742. so about $556,942. that is based on Q4 of 562 ton of concentrate. so you can see what difference the price makes.
Those are not the right numbers, but to just show the difference the rise would make. Or about 10% rise.

Now the gold asset. Vast have increased the amount of gold extracted by 15% in 3 weeks, from a average of 11,600 ounces a year to 13,340 a year. which would be a extra 1,740 ounces a year. at today price that would have been worth about $4,172, as Bay would get about $2,086,260, and vast get 10%, so on just the 15% extra, vast would be getting about $200,000. so vast share of the total 13,340 ounces a year would be about $1.6m or about $300,000 a week. Less expenses.

All these little management jobs, are going to add up to a lot of money over time.
Posted at 09/4/2024 12:54 by gold finger 1
So let us take a look at this agreement vast now have with the platinum group.

Vast will receive a 2.5% commission based on the sales value of the concentrates distributed under this agreement.
So let look at the one contract we know about. the two tonne a month. so lets work on they get say $100 a ounce for the concentrate, thats 64,000 ounces at $100 a ounce. so that would give a total of $6.4m a month. so to vast that would be worth $128,000 a month. Or $1.536m a year. So that is for just getting $100 a ounce from the $990 a ounce.
I have no idea what price they will get for the concentrate. So that is all an estimate made without adequate information.

But it did say this in the RNS. The estimated sales value, based on seller assays, is expected to exceed $100 million. So on $100m vast would get $2.5m. So add the $1.5m from the gold management. say $ 1m from the management of the Tajikistan asset. That come to $5m revenue from them alone. so that would be worth about £4m. and the market cap is about £4m.
Posted at 07/4/2024 10:06 by gold finger 1

How much will vast get, though ?

Vast will be entitled to a 10% share of the earnings before interest and tax that Gulf receives from its 49% interest in Aprelevka;

So lets look at gold alone, let just work on the 11,600 ounces. that comes in at $26.68m, 49% comes to $13.73m so vast share is worth $1.3m. Take vast share of the silver as the cost of the interest and tax. So vast get lets call it £1m. not bad for something that cost them nothing.
Posted at 04/4/2024 09:42 by gold finger 1
take a look at the rise in the platinum price the last week or so. It went from $915 a ounce, to $948. so a rise of $33 a ounce. Take the fact that there are 32,000 ounces in a ton, that comes to a extra $1,056,000. Now the fact that vast will be delivering Under the offer, Vast will arrange the sale and delivery of, on average, two tonnes of high-grade platinum concentrate per month over a period of up to one year. this is for just the one contract.

Vast will receive a 2.5% commission based on the sales value of the concentrates distributed under this agreement. Take note of the wording, based on the sales value. So this contract alone for 2 ton a month comes to $60,544,000 a month. Not sure how much ore it would take to get 1 ounce of platinum. but but lets say it takes 50. So lets call it 2280 ounces a month. That comes in at $1.212,160 a month.
So vast get 2.5% of that. SO about $30,300 a month, or about $363,000, that is just of that one contract. nice.
Posted at 03/4/2024 15:39 by firw00d
This is where things are really going to take off in the near term imo...Aprelevka Mine Vast has been contractually appointed to manage the Aprelevka Gold Mine on behalf of the mine owners Gulf International Minerals. Vast will then be entitled to a 10% of shares of earnings that Gulf receives before interest and tax that Gulf. Vast will be entitled to a right of first refusal to convert its entitlement into an equity interest of 10% in Gulf and also hold a right to acquire at market price up to a further 20% of the shares of Gulf.Aprelevka holds four active operational mining licences located along the Tien Shan Belt that extends through Central Asia and is currently producing approximately 11,600oz of gold and 116,000 oz of silver per annum. Vast intend to assist in increasing Aprelevka's production from these four mines closer to the historical peak production rates of approximately 27,000oz of gold and 250,000oz of silver per year from the operational mines.Two additional mines have been explored, and eight further licenced mining areas that are currently being prospected have shown positive results meaning the project has significant exploration potential.
Posted at 02/4/2024 07:27 by gold finger 1
Forfaiter1You are coming across as a negative poster.First you came on here pointing out the short position increasing slightly. But no comment when it was falling or closed. Now you are asking where they are going to find the money to progress these assets I was pointing out that came along with the payment for the extra 20% for BP that vast did not own. Just because they own these assets , does not mean you have to open them up. Each one of these assets has a value. Not that you would believe that looking at the share price It's clear AP and the management have a plan in place, Manaila the next asset that vast have at the moment, that will come to production. Where will that money come from, they have said on a few occasions what they plan to do. I remember AP saying that 10% of something is better than 100% of nothing. Blueberry at some stage in the future, is planned to be made into an IPO. Vast said in the past they would sell their holding, that may change now gold looks to be in a bull run. But vast added 10% extra of that asset when they purchased the 20% of BP. The value of that asset is rising every day that goes by. I think they now own 29% of Blueberry. That share of that asset is most likely worth more than the market cap today.
Posted at 31/3/2024 11:44 by firw00d
Andrew Prelea, Chief Executive Officer at Vast Resources PLC, commented:"Vast has been developing a relationship with Trafigura, one of the world's leading independent commodity trading and logistics companies, since early 2022 and we are delighted to report this new exclusive offtake over our producing asset in Romania. The terms of the offtake ensure that Vast will benefit from the widely forecast price increase over the coming months and into 2025 as global supply struggles to meet demand, with UBS going as far as to say that 'a copper supply crunch is unavoidable'. As a Company in production, which continues to ramp up with limited additional capex required, Vast is in a solid position to capitalise on these market dynamics through its new offtake with Trafigura."I like the look of this statement made by Andrew in the recent RNS
Posted at 31/3/2024 11:17 by gold finger 1
The massive plus here is also the fact that the mine renovation was done a few years ago. Just imagine the costs today those renovations would cost. Also the cost of buying the 20% today that vast bought 3 years ago. Copper has risen in value, along with the mine having risen in value. Vast are growing by the week. The only thing holding it back now is the small amount of debt it has. This will get sorted at some point, then people will be wishing they had read the info that was clearly out there. Those claiming vast will be going into administration, clearly ignore this info. Vast have been given three assets to manage. Vast have changed their off taker. There are 4 very large reasons alone that point out that vast will not be going into administration at all. Do you think that any of these 3 companies that have taken on vast to manage their assets, have done so if they had any fought vast would not be around for long. Then you have the off taker being changed. It would be a increase in price for vast. The reason i say this is simple. vast had a contract with mercuria, so why would they change it, if it was less. I t could be for the same price, but Trafigura could take more deliveries than Mercuria. Trafigura again would not have signed a contract to take vast concentrate from BP, if they had any incline that vast were going out of business.

Then you have the swiss who are interested in financing vast, with new debt. Not sure how the diamond return is going. But it is another possible large tick. I would bet any day that does diamonds will be returned at some point, against betting on a oil or gas explorer hitting a sweet spot on a exploration drill.

These are just my reasons why i see vast going from strength to strength.
Posted at 20/3/2024 00:04 by harps01
Can't believe people still get sucked into the lies being told here and by Vast BoD. At the previous consolidation in 2021 there was a number of reasons given for share consolidation such as:
1. numbers of shares issued a lot higher compared to similar AIM companies and needed to be reduced

2. Low share price as around nominal value and had to be well in excess of it and therefore 100-1 consolidation

3. A higher share price would attract institutional investors as easier to market company

4. The subdivision will also pave the way for the Company to distribute dividends to shareholders as the Company becomes profitable, should it decide to do so.

Well in 3 years we have seen how well the company has performed from attracting institutional investors, generating profits (receiving all those dividends!) as well creating shareholder value especially in view of share price reaching nominal value in just under 3 years. It really was/is an impressive position and AP also invested £2 million of his own money on the day of the announcement as noted by the press. Oh sorry the actual amount invested was £209,250 as noted in the RNS ,'25,000,000 ordinary shares of 0.1 pence each in the share capital of the Company (“Ordinary Shares”) at a price of 0.837 pence per Ordinary Share on the Secondary Market.' The press made a decimal point error but lets not let that get in the way of a good lie, sorry fact. Oh yes please confirm how he paid for the shares or was it just shares for salary owed? Ring any bells for recent director share purchase? The company has struggled to pay its staff including directors and knows it cannot just issue shares and get private investors to pay these old liabilities. Just my own opinions as nothing based on fact as that would be wrong such as company stating in 2021 high quality mines being brought back into production, enlarging exploration target or 'In Zimbabwe, the Company is focused on the commencement of the joint venture mining agreement on the Community Diamond Concession, Chiadzwa, in the Marange Diamond Fields.'

Nah nothing rings a bell or those deferred shares issued in 2021 which company owned but now this time we have a twist as owned by shareholders. Anyone noted they had no rights to dividend payment last time and actually only value was their nominal value once ordinary shares paid out.

lol you guys crack me up. Thanks for the laughs. Who knows one of these deals may come off and you could actually be laughing but would you have made a profit 😂

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