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Share Name | Share Symbol | Market | Stock Type |
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Vast Resources Plc | VAST | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.1025 | 0.1025 | 0.1175 | 0.11 | 0.1025 |
Industry Sector |
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MINING |
Top Posts |
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Posted at 09/9/2024 18:20 by oilisgold Teaboy. I am no fan of AP nor i am a fan of VAST. Shareholders have been shafted Pants down.This year alone we had a 6: 1 consolidation, 3 placings and investors have lost a lot. Any normal investor would stay away from a share like this. However i am a big fan of buying shares trading at historic lows and where reward ratio is life changing. You only need 1 big share each year to do well in AIM, you can have 9 loosers but 1 big winner keeps you in the game. Yeah lots of talk about VAST going bust and many would look.at it and get scared. I been in AIM since it started, but gut instincts and luck to pick winners has done me well. Yeah, i made big big losses but equally big winners. BP is on the verge of profitability, restructuring has happened, cost savings are being acheived and 6 new staff have been employed. A company going bust will never employ. The 2 current lenders are inside, so i fully expect them to extend the deadline to December 21st ( Mentioned on telegram group today) if swiss money doesnt come.The swiss money will come, and good chance it could land this month. He is on the inside as well. I got a feeling the historic parcel news will come before the investor and everybody will forget the bad times. |
Posted at 07/9/2024 14:20 by oilisgold News will come one way or another before 26th September 2024.No EGM has been called. You need at least 2 to 4 weeks notice to call one. So, i believe Swiss investor will be in with his funds. RnS next week . It will be one blockbuster RNS. It be WHOOOOOOOOOSSSSSSSSS YOU NEED BIG BALLS IN THIS GAME AND I MEAN BIG BALLS. The market value of VAST is currently 1.6million. 10times will only be 16million. Gut feeling says some investors here are about to get very rich and some will recover their losses. You will start seeing those 100k trades soon |
Posted at 07/9/2024 10:46 by oilisgold Its coming ....we are soo close. 0.5p for starters.Remember when we were at 0.6p, the Swiss investor was going to come in at a premium. Current share price 0.1p, potentially 0.4p. 0.2p next week as investors pile in. |
Posted at 05/9/2024 12:35 by oilisgold Yes, i remember AST. I was invested there but i knew nothing will happen fast. Look at VAST and the diamonds. They made AP sign an agreement, where he can't say anything. If i am correct and from what i heard a 70:30 split is being agreed on from 50:50. I been to PREM Zulu plant few times so i do know a lot of people. Hence i keep saying Diamonds will never come and AP i am glad is looking at swiss investor.Look.at Kefi, signiture after signiture. So if the swiss investor does come in September then its party time. What might happen is the debt due will get Extension untill end 2024 and hence give 3 more months for Swiss investor to get all required signitures. |
Posted at 04/9/2024 13:34 by oilisgold I have seen everything in AIM over the many decades. Not many normal average investors make money. I am glad this is my last share. Have sold Prem today and kefi and only VAST left. Whats left of my life i will now enjoy. VAST i will sell on next piece of news. Good or bad dont really care but GUT feeling and decades of experience says Swiss investor money is coming next few weeks. |
Posted at 27/8/2024 18:58 by bantamboy I had a reply from Susie geliher from investor relations today.I voiced my concerns about the lack of news on any front & the lack of engagement from the company... She said that they are acutely aware of investors concerns & will update the market when they have anything material to report... they are working on multiple work streams etc etc... Didn't really inspire me or deflate me!!... Just a bog standard blah blah script really..but better than nothing I suppose... Maybe others should rattle their cage too... It's Investor relations on the shareholders information page on the website. |
Posted at 27/8/2024 11:09 by harps01 Individually some of the assets added together are worth more the market cap. There is the need to take into account the additional expenditure required to get these assets into a profitable position. The need to get the right team in place as this one has been found wanting for a number of years. In fact you may as well say incompetent in respect to their ability to deliver against their stated goals. Anyone who has done their research will know its a long list of failed projects, targets objectives to date. A clean up is required.Question is whether some investor is willing to take a punt now or when it goes into administration. Personally think it could be done now but it would be at current share price as why pay anymore. Nothing currently is generating any free cash flow and needs lots of new money to get the plant needed to make improvements. Debts needs to paid back, question is how much unsecured debt there is a whether it's viable to pay back or to let it go into administration and just pay the secured debt. Thankfully copper/gold price a lot higher than original forecasts and potential for further increases in the future. Issue is it's the future so no value today. Let's be honest if commodity prices hadn't increased there would not be anyone looking at these assets in distressed mining jurisdictions. Fingers crossed for those invested recently. Longer term investors unfortunately will still get shafted. |
Posted at 31/7/2024 09:25 by harps01 Will we get an update today or is it the same old story and jam tomorrow...Harps01 - 01 Jul 2024 - 07:45:26 - 28773 of 29927 Well June was another dismal month for Vast Investors with share price over 25% down. Will July provide any good news. There should be an update on BP licence renewal extension as docs were submitted on the 12th May. You'd hope there would be resolution on reorganisation of BP mine. The platinum sales should also complete considering time it's taken and it's been sent off for analysis over 2 months ago. Swiss funding was supposed to be received shortly but that was 6 weeks ago. If not secured this month I expect we will receive update on how debt will be repaid in view of recent news. Alpha has put into motion to get back it's money if Vast cannot secure funding and is no longer willing to wait.' Well licence extension news not expected until August but what happened to everything else. As always investors non the wiser and share price continued to fall over the month. A bit of upside but more likely driven by the crowd as Fundamentals are that we are closer to deadline without any positive news to date. Let's see if we get anything out of management today... |
Posted at 02/7/2024 08:09 by harps01 It may well lead to company growth but further dilution to existing shareholders! Anyone invested long term would be 99% down a year ago. The company may as well been shut. A lot of these investors have fallen for APs lies and averaged down which has led to further paper losses. share price down over 90% this past year. I feel sorry for these investors who probably invested in good faith based upon APs and BoD projections on what was going to happen. Whether this was breakeven, profitability, return of diamonds, new finance agreements, new II investors, diamond mining in Africa...the list goes on.It really is a sham of a company to date. |
Posted at 20/6/2024 08:05 by harps01 I thought it was agreed David Ian Jones was just a regular investor who has invested a little more than others. He's a big investor in Vast but not saying much considering market cap. Known many larger (money wise) investors in AIM mining companies which have gone belly up. They generally invested multiples of the sums Jones has put in here. Don't think his investment has any bearing on diamonds release. I think any updates on that front are down purely to what suits the interest of Zimbabwe government.Unfortunately there is a realignment of countries and it's possible Zimbabwe could end up in the Russia camp due to sanctions against it by the west. Hoping this isn't the case but looking more likely. If this happens less chance of those diamonds ever being released. |
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