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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
|
|
|---|---|---|---|---|
| -0.0025 | -2.56% | 0.095 | 09:16:04 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.0975 | 0.095 | 0.0975 | 0.0975 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 30/12/2024 09:03 by gold finger 1 so on 0ct 29 2024 we were informed of this.Tajikistan is set to host the first International Investment Mining and Metallurgical Forum and Exhibition on October 29-30 in Dushanbe, as part of its efforts to attract substantial foreign investments in its mining and metallurgical sector. then we were informed of this, on the 5th DEC MOU with Government of Republic of Tajikistan Vast Resources plc, the AIM-listed mining company, is pleased to announce the signing of a Memorandum of Understanding (the ‘MOU’) between the Government of Tajikistan, Vast and Gulf International Minerals Ltd (‘Gulf’) (together, ‘the Parties’), the company which appointed Vast to manage and develop the Aprelevka Gold Mines, in which Gulf holds a 49% interest. The purpose of the MOU is to provide a framework of cooperation and facilitate collaboration among the Parties in respect of developing the growth of the non-ferrous mining industry in the Republic of Tajikistan, with the objective of unlocking the resource potential of the country by attracting foreign direct investment and opening markets for export and beneficiation of non-ferrous metals to the Gulf Cooperation Council and US markets. The MOU, which was signed by Mr. Sherali Kabir, Minister of Industry & New Technologies of the Republic of Tajikistan, is intended to formalise and extend the positive working arrangements that the Parties have enjoyed since Vast took over the management and development of the Aprelevka Gold Mines in January 2024. As previously announced, there are currently four operational mining licences within the Aprelevka venture, and the Parties are now in the process of finalising up to nine previously explored exploration sites adjacent to the current mining areas (the ‘Projects̵ The MOU sets out that the Parties shall develop a road map for implementation of the Projects within 90 days upon signing of this MOU and more information will be announced as appropriate. Andrew Prelea, Chief Executive Officer at Vast, commented: “We are delighted to be working so closely with both Gulf and the Government of the Republic of Tajikistan on this ambitious and important project as we collectively look to enhance Tajikistan’s standing on the global resource stage. Tajikistan benefits from world class resources across multiple commodities and through our work at Aprelevka and our additional interests in-country, we are beginning to give these Projects the international attention that they deserve. We look forward to providing further updates as our plans come to fruition over the coming weeks and months.” |
Posted at 27/12/2024 13:28 by purchaseatthetop Excellent buy Neil. As GF says. As good as your previous buys maybe?neil84 - 12 Dec 2024 - 10:06:20 - 38705 of 39500 the other thread is for trolls - VAST My last top up 5 m neil84 - 11 Dec 2024 - 14:18:31 - 38627 of 39500 the other thread is for trolls - VAST That’s why I informed you. Great posts from you GF neil84 - 11 Dec 2024 - 13:16:59 - 38619 of 39500 the other thread is for trolls - VAST My 729901 was a buy for your end of week calculations neil84 - 28 Nov 2024 - 17:38:44 - 37894 of 39500 the other thread is for trolls - VAST Another 2 M for me neil84 - 10 Oct 2024 - 14:01:33 - 34204 of 39500 the other thread is for trolls - VAST I bought just now and went down as a sell ? neil84 - 16 Sep 2024 - 13:57:06 - 32165 of 39500 the other thread is for trolls - VAST Mine did on Thursday neil84 - 19 Oct 2023 - 08:08:06 - 14390 of 39500 the other thread is for trolls - VAST My purchase this morning went through as a sell MMS at it. |
Posted at 27/12/2024 07:27 by gold finger 1 Those shareholders of vast that have been holders for a long time. Are the best. The share price has been reduced now for years. Those that continued to hold. Were not shaken out of their shares, by the continuing dropping of the SP, or the continued bad mouthing of the company. They did their research and continued to hold. The market just dropped the share price on any dilution. They ignored the progress that was being made, for the simple reason that they knew more dilution would be coming. You did not have to be a brain surgeon to know that. If they could not get good finance.But the good news is that vast has gotten to where it stand today with very little debt. Every company find they need debt to grow. Even the biggest companies in the world. But what kills most companies when they start up, is they need lots of debt to just start. That puts a lot of pressure on them from the off. This can make them very subceptible to being taken over by larger companies on the cheap. So all that work and progress ends up going to someone else. The real gains are then lost for good. I don't see vast having this problem. As they are in at the moment in jurisdictions that are not in favour, at the moment. But that in my opinion will change over time. By that time vast would have grown, and should be valued at its true value. Then someone can come in and take them over at a premium price.This quiet time now is the last chance anyone will get to get in cheap. Before the news drops in the new year, when everyone is back at wok. AIMO. |
Posted at 19/12/2024 06:34 by gold finger 1 So about 4 years ago vast bought the 20% of BP they did not own. Plus plenty of other % of other assets. Now they said it was sold cheap at the time .the cost was about £4m.the reason it was sold so cheap. Those that held take 20%, could not afford to pay their share of any work that needed to be done. Anyway what I am going to point out is at £4m for 20% that valued vast at £20m. Today it has a market cap of just £2.2m. Has the company progressed at BP alone since, massively. Not only that ,now they have progressed also in other projects that will show a profit over the coming weeks or months. At the same time copper has risen in value. So just to get back to the value vast had all those years ago, from here it it needs to 10 bag. £20m market cap would just be back to below fair value. So that is the minimum starter value I put on vast. |
Posted at 18/12/2024 11:42 by gold finger 1 Just looking at a few companies that have nothing, yet they have massive market cap compared to vast. We have not had confirmation yet to what these assets vast have will pay but i would say they will be breaking even at least at bp. While bringing in a profit by year end of at least what the market cap is now.Vast do have this debt hanging over them of about £7m, but when that is sorted, it will be boom time here. The thing is they have two ways to sort this debt out. One being new finance. The other being the return of the diamond. Then there is the possibility that the debt can be paid off from the profit vast is making. The ideal result would be the new finance. That way vast can grow what they already have. The fact being that once vast have the money to buy the 20% of Gulf International Minerals Ltd, and so the 20% of the 49% gulf get for the gold mines they hold. Now would be a very good time to buy into that company, while the gold price is what it is. With the news that vast and gulf now also have a MOU, with the government of Tajikistan, for other assets. The odds are vast have a agreement for finance in place now. Other wise why would the Taj government say this. The Government of Tajikistan, Vast and Gulf International Minerals Ltd (‘Gulf’) Just another reason to believe a finance package has all but been done. |
Posted at 17/12/2024 13:17 by gold finger 1 g2thearyI would not put all the news in one RNS. I would put one lot out, and follow it up with others the next day or a few days later. If i was loaning the money and also buying a lot of shares at a premium. I would want to have it confirmed that vast were going to confirm they plan to buy the 20% of gulf who own the 49% interest in the Aprelevka gold mines. I would think this purchase of the 20% will now go ahead in Jan. this will happen now because of this news, we received the other week. MOU with Government of Republic of Tajikistan Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 5 December 2024 Vast Resources plc(‘Vast̵ MOU with Government of Republic of Tajikistan Vast Resources plc, the AIM-listed mining company, is pleased to announce the signing of a Memorandum of Understanding (the ‘MOU’) between the Government of Tajikistan, Vast and Gulf International Minerals Ltd (‘Gulf’) (together, ‘the Parties’), the company which appointed Vast to manage and develop the Aprelevka Gold Mines, in which Gulf holds a 49% interest. The purpose of the MOU is to provide a framework of cooperation and facilitate collaboration among the Parties in respect of developing the growth of the non-ferrous mining industry in the Republic of Tajikistan, with the objective of unlocking the resource potential of the country by attracting foreign direct investment and opening markets for export and beneficiation of non-ferrous metals to the Gulf Cooperation Council and US markets. The MOU, which was signed by Mr. Sherali Kabir, Minister of Industry & New Technologies of the Republic of Tajikistan, is intended to formalise and extend the positive working arrangements that the Parties have enjoyed since Vast took over the management and development of the Aprelevka Gold Mines in January 2024. As previously announced, there are currently four operational mining licences within the Aprelevka venture, and the Parties are now in the process of finalising up to nine previously explored exploration sites adjacent to the current mining areas (the ‘Projects̵ The MOU sets out that the Parties shall develop a road map for implementation of the Projects within 90 days upon signing of this MOU and more information will be announced as appropriate. Andrew Prelea, Chief Executive Officer at Vast, commented: “We are delighted to be working so closely with both Gulf and the Government of the Republic of Tajikistan on this ambitious and important project as we collectively look to enhance Tajikistan’s standing on the global resource stage. Tajikistan benefits from world class resources across multiple commodities and through our work at Aprelevka and our additional interests in-country, we are beginning to give these Projects the international attention that they deserve. We look forward to providing further updates as our plans come to fruition over the coming weeks and months.” |
Posted at 06/12/2024 14:32 by gold finger 1 Not sure if that revenue from the gold and silver of around $862,000 a month will include the costs for vast employees, or will those cost come out before vast get paid. I would say before. As the cost would be shared by the government and Bay Square. as these would come under costs.Aprelevka Mine Operations Progress continues to be made at the Aprelevka mine (a joint venture in which the Company has a 4.9% interest in income) which the Company estimates has amounted to cost savings of approximately 25% of the production costs. The Company now has increased the expat team to include management, production, mining and geological personnel to implement further improvements across the business, reduce costs, and improve mining methods and safety. This is what the agreement said. Vast to manage the mining and development activities of Aprelevka 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 be entitled to a 10% share of the earnings before interest and tax that Gulf receives from its 49% interest in Aprelevka; So reading this again, i was thinking vast only got a 4.9% interest not 10%. so the price i was putting on this asset is double. So around $1.72m a year. It just gets better. |
Posted at 06/12/2024 11:07 by gold finger 1 This from the RNS dated 21st Oct 2024.Aprelevka Mine Operations Progress continues to be made at the Aprelevka mine (a joint venture in which the Company has a 4.9% interest in income) which the Company estimates has amounted to cost savings of approximately 25% of the production costs. The Company now has increased the expat team to include management, production, mining and geological personnel to implement further improvements across the business, reduce costs, and improve mining methods and safety. The changes in crushing have also resulted in an increase in throughput at the plant from 800 tonnes per day to 950 tonnes per day in Q2, and with further improvements is expected to increase to 1,500 tonnes per day in Q4 and beyond including, as already announced, a tertiary crushing system and new processing equipment currently under construction, that will allow the Company to reach up to 2,500 tonnes per day in Q2 2025. All capex costs have been self-generated for the increase in profitability that has been achieved. The mine has re-commissioned the mills as announced on 4 June 2024 and has commenced the reprocessing of tailings in tandem with ore production to increase gold and silver production yielding high recoveries from the tailings. The new silver processing plant referred to in the Company’s announcement of 11 September 2024 is currently being installed and is targeted to be operational in Q4 2024, thus enabling the doubling of silver production at the plant, up to 360kg per month. So AP got Vast a free ride in a gold project for 4.9% of 49%. We are yet to hear what this is worth to vast. As payment is not due until the new year. But with all the progress that has been made there, as well as being made there. It will be around $860,000 to vast. less costs. Not bad for something that cost nothing. The big earner for vast will be the former Hanes Gold JV. processing of the ore alone will be worth a great deal to vast alone. |
Posted at 05/12/2024 17:47 by bionicdog An idiot speaks.oilisgold - 26 Nov 2024 - 19:07:27 - 37636 of 38397 the other thread is for trolls - VAST Funding has been sorted just few minor signitures before market is updated via RNS. oilisgold - 26 Nov 2024 - 19:06:03 - 37635 of 38397 the other thread is for trolls - VAST Has not been easy to get the right backer for VAST . 2025 will be year of expansion for VAST, we will no longer worry about funds. BP is cash positive, we have revenue coming in and once we get these funds mid tier minner VAST will become. oilisgold - 26 Nov 2024 - 19:03:33 - 37633 of 38397 the other thread is for trolls - VAST In less then 5 weeks many here will be very very rich. I say it again Diamonds will be with VAST before End 2024. But before that we have news on funding. VAST are being very quite and rightly soo, this is a historic moment in VAST history. Yep, many LTH are down over 99%, 10k is now worth 100pounds , 100k is worth 1k. |
Posted at 05/12/2024 07:05 by nasarsaddique MOU with Government of Republic of TajikistanVAST RESOURCES PLCReleased 07:00:00 05 December 2024Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining5 December 2024Vast Resources plc('Vast' or the 'Company')MOU with Government of Republic of TajikistanVast Resources plc, the AIM-listed mining company, is pleased to announce the signing of a Memorandum of Understanding (the 'MOU') between the Government of Tajikistan, Vast and Gulf International Minerals Ltd ('Gulf') (together, 'the Parties'), the company which appointed Vast to manage and develop the Aprelevka Gold Mines, in which Gulf holds a 49% interest. The purpose of the MOU is to provide a framework of cooperation and facilitate collaboration among the Parties in respect of developing the growth of the non-ferrous mining industry in the Republic of Tajikistan, with the objective of unlocking the resource potential of the country by attracting foreign direct investment and opening markets for export and beneficiation of non-ferrous metals to the Gulf Cooperation Council and US markets.The MOU, which was signed by Mr. Sherali Kabir, Minister of Industry & New Technologies of the Republic of Tajikistan, is intended to formalise and extend the positive working arrangements that the Parties have enjoyed since Vast took over the management and development of the Aprelevka Gold Mines in January 2024. As previously announced, there are currently four operational mining licences within the Aprelevka venture, and the Parties are now in the process of finalising up to nine previously explored exploration sites adjacent to the current mining areas (the 'Projects'), which would make Aprelevka one of the largest gold and polymetallic mining groups in the Republic of Tajikistan.The MOU sets out that the Parties shall develop a road map for implementation of the Projects within 90 days upon signing of this MOU and more information will be announced as appropriate.Andrew Prelea, Chief Executive Officer at Vast, commented:"We are delighted to be working so closely with both Gulf and the Government of the Republic of Tajikistan on this ambitious and important project as we collectively look to enhance Tajikistan's standing on the global resource stage. Tajikistan benefits from world class resources across multiple commodities and through our work at Aprelevka and our additional interests in-country, we are beginning to give these Projects the international attention that they deserve. We look forward to providing further updates as our plans come to fruition over the coming weeks and months." |
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