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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 | 2.38% | 0.215 | 16:17:32 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.21 | 0.205 | 0.215 | 0.215 | 0.21 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 14/3/2025 16:02 by bionicdog Labourout 25 Feb '25 - 16:15 - 43287 of 43407RNS 7am funding all sorted 1p tomorrow Labourout 26 Feb '25 - 20:32 - 43409 of 43422 RNS 7am funding all sorted 1p tomorrow Labourout 27 Feb '25 - 08:37 - 43425 of 43425 RNS 7am funding all sorted 1p tomorrow Labourout 27 Feb '25 - 08:50 - 43431 of 43434 1p soon big great news coming I expect an inta day blockbuster RNS Labourout 28 Feb '25 - 08:59 - 43546 of 43547 Big intra day RNS coming Than its 1p Labourout 28 Feb '25 - 15:28 - 43563 of 43565 Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 1 Mar '25 - 11:55 - 43586 of 43586 Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 1 Mar '25 - 17:23 - 43614 of 43615 MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 1 Mar '25 - 19:40 - 43617 of 43617 Just spoken to Susis MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 2 Mar '25 - 10:38 - 43628 of 43629 Just spoken to Gerald again MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 2 Mar '25 - 12:42 - 43642 of 43646 MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Gerald also confirmed diamonds to be released within days Labourout 2 Mar '25 - 14:39 - 43645 of 43646 RNS logged for 7am tomorrow I expect 1p from what I am hearing Labourout - 03 Mar 2025 - 08:38:20 - 43673 of 43829 the other thread is for trolls - VAST Just spoken to Susis MASSIVE NEWS Just been told. RNS Intra day coming Great debt news and Taj update 1p soon Labourout - 03 Mar 2025 - 08:49:40 - 43679 of 43829 the other thread is for trolls - VAST Gerald confirmed diamonds due any day Susie confirms the same Big RNS coming on debt and diamonds I am told Thens its 1p+ Fill your boots Labourout - 03 Mar 2025 - 21:26:31 - 43735 of 43829 the other thread is for trolls - VAST JUST BEEN CONFIRMED MAJOR 7am RNS TOMORROW 1p is naile don Labourout - 04 Mar 2025 - 08:19:56 - 43743 of 43829 the other thread is for trolls - VAST Gerald confirmed diamonds due any day Susie confirms the same Big RNS coming on debt and diamonds I am told Thens its 1p+ Fill your boots Labourout - 04 Mar 2025 - 08:32:05 - 43748 of 43829 the other thread is for trolls - VAST Mid day RNS lined up I am told 1p any time now Labourout - 04 Mar 2025 - 10:31:26 - 43759 of 43829 the other thread is for trolls - VAST Traders expecting intra day RNS Good news on all fronts 1p soon Labourout - 04 Mar 2025 - 14:07:13 - 43768 of 43829 the other thread is for trolls - VAST Intra day blockbuster RNS being written 1p on release Labourout - 04 Mar 2025 - 16:15:25 - 43785 of 43829 the other thread is for trolls - VAST RNS 7am tommorow says Susie and Gerald 1p soon Labourout - 05 Mar 2025 - 17:30:37 - 43826 of 43829 the other thread is for trolls - VAST RNS logged for 7am tomorrow Big news on debt and diamonds 1p soon (Susie and Gerald have confirmed) Labourout 6 Mar '25 - 08:28 - 43837 of 43842 Big intra RNS coming today Been told by Susie and Gerald 1p on this news Strong buy Labourout 6 Mar '25 - 14:16 - 43864 of 43872 Just had some calls with some people "in the know" RNS 7am tomorrow is a cert Labourout 6 Mar '25 - 14:21 - 43865 of 43872 Susie and Gerald have been buying no doubt Labourout 7 Mar '25 - 10:38 - 43905 of 43905 INTRA DAY RNS being written Blockbuster news No wonder we have had no placing 1p soon Labourout 8 Mar '25 - 16:58 - 43969 of 43969 RNS logged on the system for 7am Monday 1p is a cert Labourout 11 Mar '25 - 09:27 - 44084 of 44084 RNS this afternoon I am told 1p soon Labourout 12 Mar '25 - 19:56 - 44143 of 44154 Just spoken to Gerals RNS 7am tomorrow confirmed Labourout 13 Mar '25 - 09:56 - 44153 of 44155 RNS written and about to be released 1p soon Labourout 13 Mar '25 - 18:37 - 44190 of 44191 Gerald confirmed diamonds due any day Susie confirms the same Big RNS coming on debt and diamonds I am told Thens its 1p+ Fill your boots Labourout 14 Mar '25 - 10:14 - 44207 of 44210 RNS this afernoon 1p soon Strong buy Labourout 14 Mar '25 - 15:48 - 44220 of 44220 Just been told. RNS 7am Monday Great debt news and Taj update 1p soon |
Posted at 14/3/2025 11:18 by bionicdog Labourout 25 Feb '25 - 16:15 - 43287 of 43407RNS 7am funding all sorted 1p tomorrow Labourout 26 Feb '25 - 20:32 - 43409 of 43422 RNS 7am funding all sorted 1p tomorrow Labourout 27 Feb '25 - 08:37 - 43425 of 43425 RNS 7am funding all sorted 1p tomorrow Labourout 27 Feb '25 - 08:50 - 43431 of 43434 1p soon big great news coming I expect an inta day blockbuster RNS Labourout 28 Feb '25 - 08:59 - 43546 of 43547 Big intra day RNS coming Than its 1p Labourout 28 Feb '25 - 15:28 - 43563 of 43565 Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 1 Mar '25 - 11:55 - 43586 of 43586 Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 1 Mar '25 - 17:23 - 43614 of 43615 MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 1 Mar '25 - 19:40 - 43617 of 43617 Just spoken to Susis MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 2 Mar '25 - 10:38 - 43628 of 43629 Just spoken to Gerald again MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 2 Mar '25 - 12:42 - 43642 of 43646 MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Gerald also confirmed diamonds to be released within days Labourout 2 Mar '25 - 14:39 - 43645 of 43646 RNS logged for 7am tomorrow I expect 1p from what I am hearing Labourout - 03 Mar 2025 - 08:38:20 - 43673 of 43829 the other thread is for trolls - VAST Just spoken to Susis MASSIVE NEWS Just been told. RNS Intra day coming Great debt news and Taj update 1p soon Labourout - 03 Mar 2025 - 08:49:40 - 43679 of 43829 the other thread is for trolls - VAST Gerald confirmed diamonds due any day Susie confirms the same Big RNS coming on debt and diamonds I am told Thens its 1p+ Fill your boots Labourout - 03 Mar 2025 - 21:26:31 - 43735 of 43829 the other thread is for trolls - VAST JUST BEEN CONFIRMED MAJOR 7am RNS TOMORROW 1p is naile don Labourout - 04 Mar 2025 - 08:19:56 - 43743 of 43829 the other thread is for trolls - VAST Gerald confirmed diamonds due any day Susie confirms the same Big RNS coming on debt and diamonds I am told Thens its 1p+ Fill your boots Labourout - 04 Mar 2025 - 08:32:05 - 43748 of 43829 the other thread is for trolls - VAST Mid day RNS lined up I am told 1p any time now Labourout - 04 Mar 2025 - 10:31:26 - 43759 of 43829 the other thread is for trolls - VAST Traders expecting intra day RNS Good news on all fronts 1p soon Labourout - 04 Mar 2025 - 14:07:13 - 43768 of 43829 the other thread is for trolls - VAST Intra day blockbuster RNS being written 1p on release Labourout - 04 Mar 2025 - 16:15:25 - 43785 of 43829 the other thread is for trolls - VAST RNS 7am tommorow says Susie and Gerald 1p soon Labourout - 05 Mar 2025 - 17:30:37 - 43826 of 43829 the other thread is for trolls - VAST RNS logged for 7am tomorrow Big news on debt and diamonds 1p soon (Susie and Gerald have confirmed) Labourout 6 Mar '25 - 08:28 - 43837 of 43842 Big intra RNS coming today Been told by Susie and Gerald 1p on this news Strong buy Labourout 6 Mar '25 - 14:16 - 43864 of 43872 Just had some calls with some people "in the know" RNS 7am tomorrow is a cert Labourout 6 Mar '25 - 14:21 - 43865 of 43872 Susie and Gerald have been buying no doubt Labourout 7 Mar '25 - 10:38 - 43905 of 43905 INTRA DAY RNS being written Blockbuster news No wonder we have had no placing 1p soon Labourout 8 Mar '25 - 16:58 - 43969 of 43969 RNS logged on the system for 7am Monday 1p is a cert Labourout 11 Mar '25 - 09:27 - 44084 of 44084 RNS this afternoon I am told 1p soon Labourout 12 Mar '25 - 19:56 - 44143 of 44154 Just spoken to Gerals RNS 7am tomorrow confirmed Labourout 13 Mar '25 - 09:56 - 44153 of 44155 RNS written and about to be released 1p soon Labourout 13 Mar '25 - 18:37 - 44190 of 44191 Gerald confirmed diamonds due any day Susie confirms the same Big RNS coming on debt and diamonds I am told Thens its 1p+ Fill your boots Labourout 14 Mar '25 - 10:14 - 44207 of 44210 RNS this afernoon 1p soon Strong buy |
Posted at 13/3/2025 18:48 by bionicdog Labourout 25 Feb '25 - 16:15 - 43287 of 43407RNS 7am funding all sorted 1p tomorrow Labourout 26 Feb '25 - 20:32 - 43409 of 43422 RNS 7am funding all sorted 1p tomorrow Labourout 27 Feb '25 - 08:37 - 43425 of 43425 RNS 7am funding all sorted 1p tomorrow Labourout 27 Feb '25 - 08:50 - 43431 of 43434 1p soon big great news coming I expect an inta day blockbuster RNS Labourout 28 Feb '25 - 08:59 - 43546 of 43547 Big intra day RNS coming Than its 1p Labourout 28 Feb '25 - 15:28 - 43563 of 43565 Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 1 Mar '25 - 11:55 - 43586 of 43586 Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 1 Mar '25 - 17:23 - 43614 of 43615 MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 1 Mar '25 - 19:40 - 43617 of 43617 Just spoken to Susis MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 2 Mar '25 - 10:38 - 43628 of 43629 Just spoken to Gerald again MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 2 Mar '25 - 12:42 - 43642 of 43646 MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Gerald also confirmed diamonds to be released within days Labourout 2 Mar '25 - 14:39 - 43645 of 43646 RNS logged for 7am tomorrow I expect 1p from what I am hearing Labourout - 03 Mar 2025 - 08:38:20 - 43673 of 43829 the other thread is for trolls - VAST Just spoken to Susis MASSIVE NEWS Just been told. RNS Intra day coming Great debt news and Taj update 1p soon Labourout - 03 Mar 2025 - 08:49:40 - 43679 of 43829 the other thread is for trolls - VAST Gerald confirmed diamonds due any day Susie confirms the same Big RNS coming on debt and diamonds I am told Thens its 1p+ Fill your boots Labourout - 03 Mar 2025 - 21:26:31 - 43735 of 43829 the other thread is for trolls - VAST JUST BEEN CONFIRMED MAJOR 7am RNS TOMORROW 1p is naile don Labourout - 04 Mar 2025 - 08:19:56 - 43743 of 43829 the other thread is for trolls - VAST Gerald confirmed diamonds due any day Susie confirms the same Big RNS coming on debt and diamonds I am told Thens its 1p+ Fill your boots Labourout - 04 Mar 2025 - 08:32:05 - 43748 of 43829 the other thread is for trolls - VAST Mid day RNS lined up I am told 1p any time now Labourout - 04 Mar 2025 - 10:31:26 - 43759 of 43829 the other thread is for trolls - VAST Traders expecting intra day RNS Good news on all fronts 1p soon Labourout - 04 Mar 2025 - 14:07:13 - 43768 of 43829 the other thread is for trolls - VAST Intra day blockbuster RNS being written 1p on release Labourout - 04 Mar 2025 - 16:15:25 - 43785 of 43829 the other thread is for trolls - VAST RNS 7am tommorow says Susie and Gerald 1p soon Labourout - 05 Mar 2025 - 17:30:37 - 43826 of 43829 the other thread is for trolls - VAST RNS logged for 7am tomorrow Big news on debt and diamonds 1p soon (Susie and Gerald have confirmed) Labourout 6 Mar '25 - 08:28 - 43837 of 43842 Big intra RNS coming today Been told by Susie and Gerald 1p on this news Strong buy Labourout 6 Mar '25 - 14:16 - 43864 of 43872 Just had some calls with some people "in the know" RNS 7am tomorrow is a cert Labourout 6 Mar '25 - 14:21 - 43865 of 43872 Susie and Gerald have been buying no doubt Labourout 7 Mar '25 - 10:38 - 43905 of 43905 INTRA DAY RNS being written Blockbuster news No wonder we have had no placing 1p soon Labourout 8 Mar '25 - 16:58 - 43969 of 43969 RNS logged on the system for 7am Monday 1p is a cert Labourout 11 Mar '25 - 09:27 - 44084 of 44084 RNS this afternoon I am told 1p soon Labourout 12 Mar '25 - 19:56 - 44143 of 44154 Just spoken to Gerals RNS 7am tomorrow confirmed Labourout 13 Mar '25 - 09:56 - 44153 of 44155 RNS written and about to be released 1p soon Labourout 13 Mar '25 - 18:37 - 44190 of 44191 Gerald confirmed diamonds due any day Susie confirms the same Big RNS coming on debt and diamonds I am told Thens its 1p+ Fill your boots |
Posted at 13/3/2025 10:09 by bionicdog Labourout 25 Feb '25 - 16:15 - 43287 of 43407RNS 7am funding all sorted 1p tomorrow Labourout 26 Feb '25 - 20:32 - 43409 of 43422 RNS 7am funding all sorted 1p tomorrow Labourout 27 Feb '25 - 08:37 - 43425 of 43425 RNS 7am funding all sorted 1p tomorrow Labourout 27 Feb '25 - 08:50 - 43431 of 43434 1p soon big great news coming I expect an inta day blockbuster RNS Labourout 28 Feb '25 - 08:59 - 43546 of 43547 Big intra day RNS coming Than its 1p Labourout 28 Feb '25 - 15:28 - 43563 of 43565 Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 1 Mar '25 - 11:55 - 43586 of 43586 Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 1 Mar '25 - 17:23 - 43614 of 43615 MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 1 Mar '25 - 19:40 - 43617 of 43617 Just spoken to Susis MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 2 Mar '25 - 10:38 - 43628 of 43629 Just spoken to Gerald again MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Labourout 2 Mar '25 - 12:42 - 43642 of 43646 MASSIVE NEWS Just been told. RNS 7am Monday Great debt news and Taj update 1p soon Gerald also confirmed diamonds to be released within days Labourout 2 Mar '25 - 14:39 - 43645 of 43646 RNS logged for 7am tomorrow I expect 1p from what I am hearing Labourout - 03 Mar 2025 - 08:38:20 - 43673 of 43829 the other thread is for trolls - VAST Just spoken to Susis MASSIVE NEWS Just been told. RNS Intra day coming Great debt news and Taj update 1p soon Labourout - 03 Mar 2025 - 08:49:40 - 43679 of 43829 the other thread is for trolls - VAST Gerald confirmed diamonds due any day Susie confirms the same Big RNS coming on debt and diamonds I am told Thens its 1p+ Fill your boots Labourout - 03 Mar 2025 - 21:26:31 - 43735 of 43829 the other thread is for trolls - VAST JUST BEEN CONFIRMED MAJOR 7am RNS TOMORROW 1p is naile don Labourout - 04 Mar 2025 - 08:19:56 - 43743 of 43829 the other thread is for trolls - VAST Gerald confirmed diamonds due any day Susie confirms the same Big RNS coming on debt and diamonds I am told Thens its 1p+ Fill your boots Labourout - 04 Mar 2025 - 08:32:05 - 43748 of 43829 the other thread is for trolls - VAST Mid day RNS lined up I am told 1p any time now Labourout - 04 Mar 2025 - 10:31:26 - 43759 of 43829 the other thread is for trolls - VAST Traders expecting intra day RNS Good news on all fronts 1p soon Labourout - 04 Mar 2025 - 14:07:13 - 43768 of 43829 the other thread is for trolls - VAST Intra day blockbuster RNS being written 1p on release Labourout - 04 Mar 2025 - 16:15:25 - 43785 of 43829 the other thread is for trolls - VAST RNS 7am tommorow says Susie and Gerald 1p soon Labourout - 05 Mar 2025 - 17:30:37 - 43826 of 43829 the other thread is for trolls - VAST RNS logged for 7am tomorrow Big news on debt and diamonds 1p soon (Susie and Gerald have confirmed) Labourout 6 Mar '25 - 08:28 - 43837 of 43842 Big intra RNS coming today Been told by Susie and Gerald 1p on this news Strong buy Labourout 6 Mar '25 - 14:16 - 43864 of 43872 Just had some calls with some people "in the know" RNS 7am tomorrow is a cert Labourout 6 Mar '25 - 14:21 - 43865 of 43872 Susie and Gerald have been buying no doubt Labourout 7 Mar '25 - 10:38 - 43905 of 43905 INTRA DAY RNS being written Blockbuster news No wonder we have had no placing 1p soon Labourout 8 Mar '25 - 16:58 - 43969 of 43969 RNS logged on the system for 7am Monday 1p is a cert Labourout 11 Mar '25 - 09:27 - 44084 of 44084 RNS this afternoon I am told 1p soon Labourout 12 Mar '25 - 19:56 - 44143 of 44154 Just spoken to Gerals RNS 7am tomorrow confirmed Labourout 13 Mar '25 - 09:56 - 44153 of 44155 RNS written and about to be released 1p soon |
Posted at 09/3/2025 13:24 by gold finger 1 I have been greedy here, while others are fearful.The biggest returns are made, on the greatest risks. Yes there are risks still here. Those risks being. Until you are informed about what is actually happening. you dont know. The fact that there are about 3 or 4 pieces of news that could be company makers is a massive plus for me. I dont know how much the Aprelevka management fees will be worth to vast. but it could be about $1m. That is not massive but when you get a share of the revenues for free. As you did not have to put money up front. $1m is very good. Now the cost of any management cost, will come out before vast takes its share. So that $1m will go to vast bottom line. The same can be said for the hains percent. I would hazard a guess that the biggest expense for this asset will be the processing of the ore. Which is being done by vast in house. Then vast get 20% of the difference between revenue and all sales and production costs (including government royalites and taxes) payable monthly. These again are two two forms of revenue that came for free. Then we need to look at what revenue that could come from the Takob agreement. Another management contract that came free. Now we know they have said that the revenue from this asset has fallen over the last reported year, by around $1m. SO as you can see the value is there. so being conservative, and not taking into account the Takob agreement. I would say there is about $3m to be made from just these three contracts, alone. So more than enough to cover debt costs and to cover any costs for BP. imo. These numbers are my guesstimates. They could be more or less. This is without any new finance package, return of diamond. Drilling campaign that has been done. Progress at the BP site. A possible JV partner for Manaila. The MOU in Tajikistan, along with any others that i could have missed. All this with a very small market Cap of £5.48m. These are the reasons i have been greedy. |
Posted at 07/3/2025 09:41 by gold finger 1 So I have just noticed that this MOU was first reported on the 5th Dec 2024. At the time vast was at its lowest price. Since this news was released the share price has risen by about 200%. So either the market thought vast was way to cheap at the time. Or they have put a very large value on this MOU. That would be a first for the market with vast, as they have never added any value to any progress before. That includes the processing of the ore from the gold dump at the former hains gold asset, or the Aprelevka Gold Mines. which are clear money makers for vast. So unless the market has changed it spots and started to forward value these assets, that is positive news. Dont know how the could put any future value on a MOU, that they dont know what is in the agreement, never mind what future value could arrive. Or do they. |
Posted at 06/3/2025 10:04 by harps01 Lets be honest for any long term investors, pre-consolidation they aren't going to see a return on original investment for years if Vast are successful in turning around business.Even if they had bought at lows a couple of months prior to news they would need a share price of between 5.5-6p just to break even. We all know the facts so we move forward and its another date missed by Vast. Nothing new and was expected considering track record. As there has been no announcement of an extension hoping they are close to announcing news on road map(s) for implementation of the Projects and what they could look like based on historical data. Vast continue to disregard their shareholders in view of updates in respect to Romania which are entirely in their control unlike activities in Tajikistan. I think the majority agreed there's not going to be any update on Q3 production as there probably wasn't any mining. Something Vast should have clarified but there are really no excuses for not producing Q4 figures by now. It looks like their focus has been in Tajikistan but they should still be doing the basics. We saw what happened last time they failed to keep their eye on BP when AP was chasing diamonds in Zimbabwe. BP has been a disaster from an investors perspective to date in respect to progress, figures as well as governance. Hoping AP and the team have learnt from these mistakes and post some positive results and show there is a case for a joint venture or even to go it alone following latest strategy implemented. Vast have had enough time, it's now all about delivery rather than the normal jam tomorrow updates. Let's see if they can do so and make investors happy or whether this is actually a life style company. |
Posted at 05/3/2025 06:21 by oilisgold 😁😁&#Nothing ever gets down. Its up to individuals to believe or ignore. 90% of the times i always suggest to ignore. AIM has always been like this. What we know is VAST had one of the worse yeaes in 2024 for share price destruction mainly due to funding. Lost over 90% of its value. The Swiss investor mentioned in 2013 never came on board due to the company not releasing funds. Company was in a very bad state back then. But AP has done very well to turn the company around. We should have BP cash positive now, We are also using the extra capacity at BP. Funding has been a historic issue for VAST and for many companies listed on AIM. VAST now is in a much better position and the Swiss investor was only one of the many options on the Table for funding. Funding does take time but i 100% believe it will come very soon. The dam signitures and due diligence can take months. Look at KEFI. I have VAST and i have said it many times, VAST is only 1 if 3 shares currently in AIM that could reward investors with life changing sums. Key is to ignore the noise around you and have balls to hold. SOLG had same issues but once funding came it hit 80p plus. Many investors made life changing sums. I have VAST initially as 3 to 4p and 10p but you never know it could spike to 20p 30p etc....Seen it on my shares over the past few decades. So sit back and enjoy. Diamonds are just cherry on the cake and the company no longer is about Diamonds. Its only currently the day/week traders that want RNS everyday. You get them on every share. |
Posted at 04/3/2025 11:44 by gold finger 1 So from the announcement on the 19th oct to the completion on the 16th Jan is less than 3 months. Since this date everything has gone great for all sides, so i see no unforeseen problems.Vast Resources plc (“Vast”) Vast Resources plc ("Vast"), the AIM-listed mining company, is pleased to announce that following satisfactory due diligence pursuant to the MOU regarding Aprelevka Gold Mines announced on 19 October 2023, Bay Square Pacific Ltd (Bay Square) has acquired the entire share capital of Gulf International Minerals Ltd ('Gulf'). Gulf has a 49% interest in a joint venture with the Government of Tajikistan (holding 51%) which owns the Joint Tajik-Canadian Limited Liability Company, Aprelevka ('Aprelevka'). Vast has been contractually appointed to manage and develop the Aprelevka Gold Mines on behalf of the owners and, consistent with the MOU terms previously announced on 19 October 2023. Highlights · Vast will be entitled to a 10% share of the earnings before interest and tax that Gulf receives from its 49% interest in Aprelevka; · Vast will be entitled to a right of first refusal to convert its entitlement into an equity interest of 10% in Gulf at any time from 1 January 2025 to 15 January 2027, and; · Vast will be entitled to a right to acquire at market price up to a further 20% of the shares of Gulf at any time from 1 January 2025 to 15 January 2027. · Aprelevka has three existing tailings dams that can be reprocessed containing high gold values of which two tailings dams can be exploited in the near term. Funding required to carry out the present intended development at the mines will be facilitated by Bay Square under an interest free loan repayable in priority to any dividends being paid by Aprelevka. Aprelevka holds four active operational mining licences located along the Tien Shan Belt that extends through Central Asia, currently producing approximately 11,600oz of gold and 116,000 oz of silver per annum. It is the intention of the Company 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 as listed in the RNS released on 19 October 2023. Additionally, Aprelevka has three tailings dams that contain significant high value gold that are a part of the portfolio that could yield near term additional cash flow for the Company. |
Posted at 25/2/2025 08:55 by gold finger 1 oilisgoldIf you want the big money, you you have to risk big money, when the price is showing you, it soooooo cheap. But only risk money you can afford to lose, or dont need to get your hands on. The market will happily take your money of you, one way or another. You not only have to wait for the company to grow, they will need money to grow. Vast have needed money, like every company that is growing does. Vast were not in a position to get bank finance, so had to do placings because of this. If you think the troll would not be able to throw muck in the direction of vast if they had been able to get finance and not had to do placings. they would have just used the debt instead. You have to remember that debt would have to be paid back, along with interest, at some point. So placings were needed. The fact is you pay for it now or you pay it back in the future. People like dog helped pay for where Vast are today. That is why he is so bitter. If you think Mr market is going to make it easy for us to make money, forget it. If you dont want to invest here dont. There are thousands of AIM shares to pick from. |
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