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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Vast Resources Plc | VAST | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.005 | -1.12% | 0.44 | 16:35:06 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.45 | 0.435 | 0.64 | 0.44 | 0.445 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 27/4/2025 15:50 by m_night10 Many reckon Woodbois, WBI is going to be the next VAST esque multi-baggerYou can either buy VAST 400-500% up or you can buy WBI and probably be up 400-500% in profit from the ground floor. It's just raised a ton of cash and the placing is churned in WBI with lots of news due. It's a better shout from bottoma and with more cash |
Posted at 27/4/2025 15:31 by m_night10 Many reckon Woodbois, WBI is going to be the next VAST esque multi-baggerYou can either buy VAST 400-500% up or you can buy WBI and probably be up 400-500% in profit from the ground floor. It's just raised a ton of cash and the placing is churned in WBI with lots of news due. |
Posted at 27/4/2025 07:56 by gold finger 1 So lets look at the facts.We now have warrants in play. I would say this has more to do with the reaction of the MMs on the price Friday. For me it a great time to add. So lets look at the great news we received. That was the diamonds being finally released. the second, we read how the finance has been sorted. Also this was very interesting. The Company has also at the same time entered into joint venture discussions and due diligence processes with other mining companies regarding third party investment into Baita Plai. This is interesting for one reason. About 4 years vast bought the 20% that they did not own of Bp From AP and a consortium of other people for £4.845m. So at the time the shout from the trolls was, you have been taken for fools by AP. Its not worth any where near that much. So soon we will see. Bp has moved on from 4 years ago for the better. Remember the troll has said repeatedly over the years that BP has done nothing but but go down hill in that time. This is what was said at the time. On the $70m value basis the value for the 20% interest in BPPM which is being acquired would be $14m (£10.7m) This compares favourably to market value of Consideration Shares as set out above, being US$6.339m (£4.845m) and would of course compare yet more favourably had the widely available higher metal prices been applied. so we will see who was telling porkies. Now lets go back to the diamonds. Why no rise on this news. Simple no monetary value was know, So how can you put a value on it. The same goes for the finance, we have no info of what this is worth or the timeframe. As for the warrants, That will add £2.4m to the bank account, this once we have heard this news by way of a RNS. I expect to hear some of these warrants have already been or will be applied for over the next few days or weeks. Former Hanes Gold Mine (operated under a management contract) The Company has commenced development on site at the former Hanes Gold Mine after a heavy winter. A gravity concentrator has been installed to extract gold and polymetallic alluvial minerals directly from the surface and is expected to commence production at Hanes during the current quarter. At the same time, facilities are now ready for the Company to truck sizeable quantities of ore to Baita Plai for processing, for which the owners of the mine have been required to obtain further transport permitting in view of the substantial quantities involved. These permits have been applied for and are expected to be approved during the current quarter. Manaila Polymetallic Mine (100% owned by Vast's wholly owned subsidiary, Vast Resources Romania Ltd) The Company is in discussions with potential off takers and financiers to recommence mining operations at Manaila in H2 2025 and will update the market as matters progress. Blueberry Gold Project (29.41% interest) The Company is pleased to announce that it is in receipt of separation tests for its Blueberry Gold Project in Romania that do not involve the use of cyanide, that were performed in Tajikistan using alternative methods at one of Gulf International Minerals Ltd's projects. These tests indicate an increase from 44% recovery from traditional flotation to 77%. Aprelevka Gold Mines (4.9% interest in earnings for Vast) Development at the Aprelevka Gold Mines has continued encouragingly during recent months. The tertiary crushing system and the new silver processing plant has been installed increasing silver production in March by over 100% on previous months. Since January 2025, the Company has hit its target of 2,000 tonnes per day of processing, of which approximately half is primary ore and half is tailings reprocessing. Gold production for Q3 and Q4 was 5,225.185 oz of gold and just over 28,341.38 oz/g of silver, a 33% increase on the same period for 2023. Work continues on increasing capacity and recoveries at the plant, and the Company will commence the preparation of a JORC compliant Mineral Resource Estimate for the current operating mines in H2 2025. The Company anticipates providing further updates on a half-yearly basis. Following receipt of these results the Company's joint venture partner is currently preparing a new submission for an exploitation licence using these alternative methods. As context for this see the Company's announcement of 11 October 2018 giving drilling results. so here was the reported bad news from BP, for the BP processing in H2 2024. this was expected as the company was short of money at the time. While the reorganisation was ongoing. The Company reported 13,562 tonnes mined during H2 2024 and produced 307.8 tonnes of copper concentrate at an average grade of 18.06% copper for this period. WE also heard that vast were looking to start up diamond production again in Zimbabwe, once the asset was confirmed. this is what AP had to say. "Now that this chapter has closed, the Company is reengaging our future investment strategy in Zimbabwe and has commenced discussions for further mining concessions in-country alongside the advancement of our wider portfolio in Romania and Tajikistan. We now expect to be able to approach new opportunities from a different perspective which will set the tone for the Company's future." So if you believe this was a very poor couple of RNS Friday, you should take the trolls advice and sell. No news regarding the diamonds or financing could have been added, as they were only confirmed to have taken place. No financial value was announced, as with the diamond until they are valued, you would be just making a guess. They must have some idea the value of these diamonds. Unless the new finance deal is going to cover the debt. As AP said this. "debt is extinguished, and financing has been finalised". |
Posted at 27/4/2025 06:12 by purchaseatthetop Tajikistan is going to be a monster?“The financing required to carry out the present intended development at the mines will be arranged by Gulf International Minerals ltd, under regular banking terms and conditions repayable in priority to any dividends being paid by Aprelevka” Gulfs most recent accounts to 30/6/24 Show net current assets of negative £6k. It is a micro entity company. The previous accounts to 30/6/23 showed that the company had ceased operating in Tajikistan because the 51% owner had frozen Gulf out. How on earth is Gulf going to raise many millions to fund development when all the revenue is taken by the 51% owner? Even if this actually got resolved, then Gulf keeps all the dividends for years before anything sent to VAST. In any case, my view is that VAST will buy 20% of Gulf for huge sums enriching the insiders. Still giggling about the idea that VAST and Gulf might not be able to agree a price. They are run by the same people. |
Posted at 26/4/2025 16:49 by purchaseatthetop If you want to see what will happen next, look no further than this10/6/24 RNS “As outlined in the announcement of 19 October 2023, the Company will manage the mining and development activities of the mines in the Aprelevka group referenced above for a 5-year period. In consideration, Vast will be entitled to a 10% share of the earnings before interest, tax and depreciation that Gulf receives from its 49% interest in Aprelevka. Vast will also have the right at any time from 1 January 2025 until the end of the 5-year management period (i) to convert its earnings share entitlement into a 10% equity interest in Gulf and (ii) to acquire up to 20% of the share capital of Gulf at market value at the time of acquisition, market value to be determined by the auditors in default of an agreement between the parties. The financing required to carry out the present intended development at the mines will be arranged by Gulf International Minerals ltd, under regular banking terms and conditions repayable in priority to any dividends being paid by Aprelevka. The Operator of Aprelevka is the local management team in conjunction with Vast Resources PLC who is designated under its management agreement to engage third party contractors to undertake the day-to-day activities of the mining operation.” Let’s assume that VAST will buy a 20% share of Gulf sometime soon. At a huge value. Agreed between VAST CEO Prelea snd Gulf shareholder Prelea. I bet they might be able to agree a value between the one of them. |
Posted at 15/4/2025 11:06 by vastprelea Bionicdog obsessed with £3.65The fact he keeps using this figure is probably that is what he paid for his VAST shares. A clear dislike and obsession with VAST A very bitter troll who has lost a lot of money on VAST |
Posted at 09/4/2025 13:27 by 1347 Gold? So how much Gold did Vast actually sell? How much revenue did Vast actually get? What were the actual costs and net earnings from Vast's Gold sales? Note I want actuals not some jam tomorrow jackanory from Spiv. It's a scam folks, it will all coming crashing down at some point, just like it did for that other scammer over at UKOG. |
Posted at 06/4/2025 14:13 by gold finger 1 If there were any problems, I think we would have heard about it, from the courts. But This is what the RNS said.Vast Baita Plai SA Vast Resources plc, the AIM-listed mining company, is pleased to announce that the court hearing on the Vast Baita Plai SA voluntary reorganisation scheduled for 3 April 2025 has duly taken place and proceeded without any new issues being raised. The Judicial Administrator presented the mandatory report regarding the Company’s activity. The court took note, approved the report, and set a new hearing for continuing the observation period of 25 September 2025. So the company had to present a mandatory report regarding the Company’s activity. The court took note, approved the report. So that news must have been like a dagger to the heart, for the troll. So i will say it again. The court took note, and approved the report. I will just let that sink in. That being the knife, lol. |
Posted at 04/4/2025 13:31 by mark0419 Hopefully AP will sort out a deal:Vast Resources, a mining company listed on the London Stock Exchange (GB:VAST), has faced financial challenges in recent years, including concerns about its ability to sustain operations amid debt, funding difficulties, and volatile commodity markets. While I don't have access to real-time financial statements or developments beyond my knowledge base, I can provide a general analysis of how a company like Vast Resources might navigate financial worries, based on its historical context and common survival strategies in the mining sector as of April 4, 2025.Vast Resources operates primarily in Romania and Zimbabwe, focusing on polymetallic mining (copper, zinc, gold, etc.). Its financial survival hinges on several key factors:Debt Restructuring and Refinancing: Mining companies often carry significant debt due to high capital expenditures. Vast has historically sought to renegotiate terms with creditors or secure extensions on loan repayments. For instance, if the voluntary reorganization mentioned in recent posts on X is accurate, this could be a legal mechanism to restructure debt, reduce immediate financial pressure, and give the company breathing room to stabilize operations.Asset Monetization: Vast owns stakes in projects like the Baita Plai mine in Romania and the Heritage Concession in Zimbabwe. Selling non-core assets or forming joint ventures with larger players could provide a cash influx. This is a common strategy for junior miners facing liquidity issues, allowing them to focus resources on their most profitable operations.Operation |
Posted at 04/4/2025 12:11 by gold finger 1 This is like supporting Man unt, every one hates them because they have been very successful over the years. I want my team to be hated for that same reason. Like those that want to see Vast fail. They are losers that want vast to be losers like them.Todays news was great news. Nothing negative at all. Maybe they were hoping to hear other news also. They never got it so marked the share price down. I see it as not negative, but a plus. People that want to sell after that news, have just given me a chance to add cheaper after good news. (Sharecast News) - Vast Resources confirmed on Friday that a scheduled court hearing concerning the voluntary reorganisation of its Romanian subsidiary, Vast Baita Plai, proceeded as planned on 3 April without any new issues raised. The AIM-traded mining company said the judicial administrator submitted the required activity report during the hearing, which the court acknowledged and approved. As part of the ongoing restructuring process, the court set the next hearing for 25 September to continue the observation period. |
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