ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

VAST Vast Resources Plc

0.105
0.0075 (7.69%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vast Resources Plc LSE:VAST London Ordinary Share GB00BQ7WTT20 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.0075 7.69% 0.105 143,192,510 11:11:30
Bid Price Offer Price High Price Low Price Open Price
0.10 0.11 0.105 0.0975 0.0975
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Nonmtl Minrl Svcs, Ex Fuels USD 3.72M USD -10.51M USD -0.0024 -0.42 4.24M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:21:38 O 307,000 0.106 GBX

Vast Resources (VAST) Latest News

Vast Resources (VAST) Discussions and Chat

Vast Resources Forums and Chat

Date Time Title Posts
26/7/202417:25the other thread is for trolls29,715
24/7/202414:30WILL VAST RESOURCES BE THE BIGGEST MULTI BAGGER TOMORO OF ALL TIME?19,639
15/7/202409:21VAST action group118
15/7/202408:56VAST - Graph only207
27/6/202412:17Vast Resources - Expanding Horizons into Europe. 25,776

Add a New Thread

Vast Resources (VAST) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:21:390.11307,000325.42O
2024-07-26 15:09:310.1134,89036.98O
2024-07-26 14:59:340.109,296,4799,742.71O
2024-07-26 14:09:250.11219,385230.35O
2024-07-26 13:48:370.11200,000210.00O

Vast Resources (VAST) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by Vast Resources Daily Update
Vast Resources Plc is listed in the Nonmtl Minrl Svcs, Ex Fuels sector of the London Stock Exchange with ticker VAST. The last closing price for Vast Resources was 0.10p.
Vast Resources currently has 4,346,644,142 shares in issue. The market capitalisation of Vast Resources is £4,346,644.
Vast Resources has a price to earnings ratio (PE ratio) of -0.42.
This morning VAST shares opened at 0.10p
Posted at 24/7/2024 13:20 by bionicdog
GF's first post that I can find. The share price was £3.65.

peterpowell213 Jan '18 - 12:20 - 9223 of 25776

I hope we get a better response to getting this licence than VOG the dog got when we were waiting for that one, many years ago.
Then it was always IMMINENT, but it come in the end.

i have to say that i am surprised the share price is this low now.
I mean that licence will come sooner or later.
But the fact that they have said they now have narrowed the off take deal down to one, also at a better price than the old one. Yes they need to agree the upfront loan, but i would not expect that to take to long to agree.
Looking ahead, this looks a bargain at this price.

ps

i see that IG markets are not taking any bets now. just closing old bets.
Normally a good sign.
Posted at 23/7/2024 15:40 by purchaseatthetop
“The Company remains confident that it will be able to repay Alpha in full by 26 September 2024 out of the expected restructuring finance as referred to in the Company’s announcement of 29 April 2024 when this can be implemented.”

29/4/24 RNS
At the same time the Company is also pleased to announce that discussions with the owner of the Swiss investment company (also the owner of the PGM metals subject to the Platinum Group Metals agreement and referred to above and in the Company’s Circular of 14 February 2024) for the provision of major restructuring finance for the Company, including payment of the amounts due to Alpha as set out above, have now reached an advanced stage; subject to the provider finalising their own financing arrangements, and in relation to this the Company can announce that these discussions are no longer conditional on completion of the first sale under the Platinum Group Metals agreement as stated in the Company’s Circular announced on 14 February 2024. Should the Company not be able to conclude this refinancing it will need to source alternative funding to be able to meet its obligations to Alpha including the payment due on the 7 May 2024 or otherwise agree revised payment terms.

22/1/24 RNS
22 January 2024

Vast Resources plc(‘Vast̵7; or the ‘Company’;)

Platinum Group Metals (PGM) Agreement

Vast Resources plc, the AIM-listed mining company, is pleased to announce that it has executed a three-year marketing agreement with a Swiss investment company for the exclusive distribution of high grade PGM concentrates produced within the EU. Vast will receive a 2.5% commission based on the sales value of the concentrates distributed under this agreement. This agreement complements the Company’s existing metal trading activities and is expected to provide a significant additional revenue stream for Vast alongside its operations at the Baita Plai Mine in Romania, and its recently expanded interests in Tajikistan.

So, this three year marketing agreement has been going for six months and no RNS of any actual sales. Really unexpected*



*not really.
Posted at 19/7/2024 09:30 by bionicdog
This global IT issue has obviously been orchestrated to suppress the VAST share price
Posted at 18/7/2024 23:31 by kingston78
The following news article was published on 6th July 2023 in ZIMNOW:-(Kingston78's comments- I have not seen any further news on the outcome of this event)

AIM-traded mining company Vast Resources said it has engaged the deputy sheriff to retrieve the historic parcel of 129 400 ct of rough from the Reserve Bank of Zimbabwe under a writ of execution issued by the High Court of Zimbabwe on June 14.

The company said the deputy sheriff received new instructions to retrieve the parcel, on June 29 and the company’s legal team accompanied the deputy sheriff to the RBZ premises.

However the company cautioned that there is no set date as to when it expects to take possession of the diamonds.

“The company notes that until the process has been finalised and implemented there is no certainty as to the precise timing for the recovery of the parcel, and will update the market as soon as there is a material development in this respect,” the board said in its statement,” the company said in a statement.

Vast said that the RBZ had sought clarity from the deputy sheriff on the status of the original Supreme Court interlocutory order that placed the parcel in its custody until the resolution of pending appeals.

Vast said its legal representatives provided clarification to the RBZ, asserting that the interlocutory order was no longer in effect as the appeal to which it was subject had been abandoned by the original appellants, rendering it invalid before the Supreme Court.

Vast said during the visit to the RBZ, in consultation with the bank’s internal legal counsel, the deputy sheriff and Vast Resources reached an agreement.

The firm said the RBZ committed to providing written confirmation of the process that would govern the orderly and secure handover of the parcel to the company, which would encompass the procedures for valuation for royalty purposes, obtaining export permits, and adhering to the Kimberly Process Certification requirements.

Following that development, Vast Resources and the RBZ would then proceed to establish the necessary logistics for the removal of the parcel, which was previously attached by the deputy sheriff under the writ of execution.

Vast Resources said it remained committed to a transparent and lawful resolution to the handover process.

The parcel of diamonds has been in custody of the Reserve Bank since 2010 when Vast surrendered the gems as evidence that it had exploited diamonds on claims previously owned by DeBeers.

Vast left Chiadzwa diamond fields in 2006, claiming it had failed to find viable reserves, following a decade of exploration. A dispute with the Government of Zimbabwe over release of the parcel ensued.

Vast started with the legal proceedings for its release o in December 2022.

Vast CEO Andrew Prelea, who flew into the country in May to push on the release of the parcel, in February said the process has taken longer than anticipated.

He added that the amicable settlement allows Vast to focus its attention back on other opportunities in Zimbabwe which include a community diamond concession in the Marange diamond fields and Eureka Gold Mine in Mashonaland Central.
Posted at 18/7/2024 18:13 by harps01
Argh got my maths wrong as looking back I actually invested my last lot at the same time in Vast and Rambler, I sold up earlier on Vast but kept my Rambler into administration. People at the time advised I should have kept my Vast shares. Well I would now need the share price to increase by 12500% just to break even if i had kept them! Thankfully invested elsewhere and done ok, not great, but ok is great if you compare to what they would have been worth if kept here.
Posted at 18/7/2024 17:40 by harps01
Not really relevant as same old story. 35% down for the week and 44% down for the month. Don't think they can get away with another placement without being creative such as receive one share free for every share at this price.

Don't think I have ever seen a share worse than Vast in past 25 years of investing. Seen companies go into administration etc but even their dodgy BoD pale in comparison to Vasts. I think people used to compare Vast to rambler upto news of financial issues at Rambler to service debts. Well the equivalent price today would be 4000% increase to be breakeven again on Vast. Think those who were invested in Rambler are probably better off considering how many people have subsequently invested more here to average down. Evwn if nothing more invested your likely to be 75% down even with 1000% increase in share price

Worth looking back and learning from past mistakes.
Posted at 18/7/2024 09:46 by bionicdog
And all to suppress the VAST share price GRRRRR!
Posted at 15/7/2024 08:47 by harps01
On the 4th January share price was equivalent to 1p. share price now needs to ten bag just to get to this amount! Even after all these yearly falls in Vast share price this decline is astounding. Those who have this on their watch lists are glad they didn't actually fall for all the bull being sprouted on these BBs
Posted at 01/7/2024 11:45 by harps01
Under a million shares traded this morning, less than £1,500. Shows the position Vast has left itself in. There is no interest currently outside of news and therefore unlikely to get away a significant placing.

For Vast to continue in its current state it needs to get out positive news. I think renewal of BP licence without finance means nothing in view of the losses occurred to date. Otherwise I see a very bleak position for Vast and can understand why share price continues to drop.
Posted at 01/7/2024 11:06 by gold finger 1
SO looking at vast fundamentals. the share price as it stands today is valued at about the price of the net assets. Not sure how they get to the net assets, but thats what it is.
So no premium for BP being in production. Nothing for the management fees for Tajikistan. Not a 00.001p for the chance of getting about £9.52m from the return of these diamonds. Plus MANAILA and other assets vast have.
Seems The risk, reward is worth a shot here. But that just looking at fundamentals and the share price
Vast Resources share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock