Vast Resources Share Discussion Threads

[bikwik] 05/10/2016 09:35

I have to mention this from the chart:


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[bernieboy] 05/10/2016 09:23

Correct hatey. I also get a quote of 0.32 to sell. Tick up soon.....

[32sam] 05/10/2016 08:05

Agree with above, and I still dream of 1.75p!!

GA & as always dyor

[laptop15] 04/10/2016 21:24

Agreed Fairlight, I believe they also need funding before the end of the year but I the licence drops this will spike and a placement at a much higher level can be taken to fast track development of the mine, plus the warrants and they have plenty of money to support all the mines. The other operations should start generating funds to in time. Are u on Twitter, I find it very useful for gathering information/research on you shares. Plus sharing tips and investment thoughts with like minded investors.GLA..... definitely a investment with huge potential we are all in here :))

[fairlight] 04/10/2016 20:19

600 mil open offer shs on the market from July - so as Laptop says many selling at a 10% profit and are covered with warrants but newsflow is building and sells are drying up at the same time. hatey I agree test .4 soon then on to .7 when some warrant holders will convert but if we get BPPM licence with a debt finance deal 1p more like it IMO - when BP mining 2ish, by then the company will have received most of the £3 mil from the warrants exercised so that should pay off the debt funding - it's a cunning plan!

[hatey] 04/10/2016 17:52

naah it's this market one person sells and loads follow people are weak as anything
they panic sell if a sale or two are infront of them.

This is building though for a test on 0.4p soon.

[laptop15] 04/10/2016 17:44

Guess it's all the weak placing sellers looking for a quick profit and getting out to weight for the warrants at 0.50p with no risk attached. Pity they weren't a bit brave enough to wait for a bigger rise!!It's the only thing stopping this from shooting up as nothing but good news is coming out! Surely the licence will drop before the end of the year too :))

[richie32] 04/10/2016 15:25

Mind, you, lately the grand old duke has been only marching them about half way down so he's getting braver

[bikwik] 04/10/2016 14:47

Is it the grand old duke of york one more time I wonder?

[bikwik] 04/10/2016 14:39

Currently at 0.33-0.35. If we get 0.34-0.36 then we are at 0.35 mid, i.e over the 0.345 resistance. Time will tell!

[ianio5691] 04/10/2016 14:24

Here we go..... !!!

[bikwik] 04/10/2016 13:46

This came out at 10.45am:

[fairlight] 04/10/2016 13:22

Thanks for your analysis BIKWIK - looking good - last dip or not - probably not - lots of news due still

[bikwik] 04/10/2016 10:32

I could be wrong and we see the upside breakout without one final dip back. I really won't mind, nor will anyone else I suspect. I am just saying that it seems feasible to get the final dip first. Still I am probably trying to finesse it a bit too much maybe. We should know soon enough I reckon.

[bikwik] 04/10/2016 10:29

As we all know jettisoning CREDE was a bit of a game changer in the markets eyes. That change in sentiment has shown pretty clearly in the share price trend since July. Sideways in quite a tight range as opposed to wilder swings before then. I know as well as everyone else that the fundamentals are looking better and better with each new RNS that comes out. Yet still the sideways trend dominates. How frustrating!

Clearly, sentiment has not changed enough just yet to propel the share price over the key 0.345p resistance and possibly to a first target around 0.45p. My cycle analysis suggested that the early Sept low around 0.26p was the end of a third cycle and made sense as it was the same time span as the previous one. We are still above that low so in theory this may still be correct.

However, it seems to me that there is also a clearly identifiable additional series of smaller cycles that have been going on since the June all-time low of 0.14p (Oh how nice if I or any of you bought then!!). Here is the chart. Self explanatory I hope!


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[32sam] 04/10/2016 07:29

Laptop15/BernieBoy - I can dream but I think its possible if BP licence comes in and we continue production on the same basis as projected in the RNS my reasoning being when we were 2p it was theoretical/exploration and we turned a difficult corner of turning from exploration to production which equates to revenue. Though copper is our main objective we cannot dismiss the importance of the Zinc that is being processed and there are other metals such as gold and silver. They have been preparing the mine in Romania, when you read Andrew Prelea interview in the Romanian online article, while VAST are waiting for the approval of the licence. What is there for Romanian authorities not to like, VAST will provide further jobs, revenue for the government, a company committed to a program of social responsibility. I also like where Andrew P says that VAST will be an example to other mining companies, imho I hope so as it will start the recognition of Romania is a place to be. Of course this is all imho and as always dyor to everyone.

Sam

[bernieboy] 03/10/2016 16:04

Well I would be more than happy with 0.75 before Christmas. You might get your 1.75 Sam but more likely Christmas 2017 for those levels I reckon. Anyway definitely agree we have turned a corner and should be on our way back towards previous highs. Don't forget many more shares in circulation now than then though.....

[bikwik] 03/10/2016 14:05

The green and blue inverted 'v' relate to where the final third cycle (smaller then the purple denoted cycles are) may or has finished. Friday could have been the end of the third, but we may need one more up (what we are doing now) then down before the upward break (hopefully)over 34.5p materialises.

[bikwik] 03/10/2016 14:01

Chart update:


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[richie32] 03/10/2016 13:58

Rare in a stock to see a nice clear horizon ahead. There may well be plenty of boulders ahead but I can't see us going back to these lows

[laptop15] 03/10/2016 13:42

That would be a fantastic Christmas present Sam....lol...1.75 :))Everything is improving nicely here and the recovery situation continues!!!

[32sam] 03/10/2016 12:03

Buying continues, does it reflect market? As Manila now looking really good, Zinc production to be ramped up, not forgetting improved copper as a result. Possibly BP licence round the corner, maybe 1.75p by Xmas imho.GA & doorSam

[bernieboy] 03/10/2016 11:24

Something tickled you thehitman?