Vast Resources Share Discussion Threads

[ny boy] 14/2/2024 07:35

OrkneyA Man have come to the conclusion that you are just a clueless gambler

[ny boy] 14/2/2024 07:34

Scam o’clock alert!

[jas2022] 14/2/2024 07:26

Authority to dilute is only a precaution ... Hahahahaaaaa

[jas2022] 14/2/2024 07:26

Weren't you bragging about your average down prices from about 03p....

[ny boy] 14/2/2024 07:24

Parcel..it’s a scam!

The whole thing is a game of charades

[1347] 14/2/2024 07:22

Spiv's screwed you over yet again. Huge dilution and another capital re-organisation. It's an equity wipeout, the second one, pure and simple. Vote it down and bring an end to this scam.

[shortsqueezer] 14/2/2024 07:18

Could someone post a link to the news please. The ADVFN link only takes me to the falling grades one of the 7th February

[babbler] 14/2/2024 07:12

Yeah it's about to launch a massive diluting raise. But it's fine as the finalisation of the final final delivery might finally be final...in the close future. Whatever that means

[terminator101] 14/2/2024 07:07

Morning gerbils.

Capital reorganisation huh

Need for more working capital.

And authority to issue billions of shares for the debt mountain.

But don’t worry as Prelea says he won’t use the unlimited share raising authority, it’s just a precaution.

🤥🙈😳

[gold finger 1] 14/2/2024 07:05

Seems the trolls have finally realised that this ship is about to launch.

[mindthegapup] 14/2/2024 06:50

BOD hopes Zim diamond sector ‘will soon open up' hxxps://etimes.co.zw/bod-hopes-zim-diamond-sector-will-soon-open-up/

"BOD, an exploration and mining development company that holds licences in Botswana and South Africa, is focused on short-term production targets at Marange and advanced kimberlite pipe projects elsewhere, in partnership with Vast Resources.
The two companies would be exchanging past exploration information and forming a special-purpose vehicle to jointly develop the diamond potential of Zimbabwe."

👀🔥

[mindthegapup] 14/2/2024 06:40

BOD hopes Zim diamond sector ‘will soon open up' hxxps://etimes.co.zw/bod-hopes-zim-diamond-sector-will-soon-open-up/

"BOD, an exploration and mining development company that holds licences in Botswana and South Africa, is focused on short-term production targets at Marange and advanced kimberlite pipe projects elsewhere, in partnership with Vast Resources.
The two companies would be exchanging past exploration information and forming a special-purpose vehicle to jointly develop the diamond potential of Zimbabwe."

👀🔥

[iceagefarmer] 14/2/2024 03:17

significant appointment re future diamond mining

NIGEL WYATT - NON-EXECUTIVE DIRECTOR
Nigel is a chartered engineer and a graduate of the Camborne School of Mines. He has held senior positions in several mining and engineering companies primarily in Southern Africa including CEO of Chromex Mining Plc, group marketing director of a De Beers subsidiary group and commercial director of Dunlop Industrial Products (Pty) Ltd, South Africa. He has wide ranging experience in ore and diamond recovery technologies and the manufacture of electronic sorting equipment with a specific focus on the design and erection of ore sorting and treatment plants.

[leewink1] 13/2/2024 23:33

The seller hasn't cleared, hadn't 5 plus years ago, still hasn't today.

[hudson64] 13/2/2024 18:43

You people are like kids on here.

[g2theary] 13/2/2024 16:27

This group is more appropriate:);)

[bionicdog] 13/2/2024 15:52

Many of us believe him to be a company shill with no shares.

[shortsqueezer] 13/2/2024 15:46

Historical resources being turned into jorc compliant resources. He's been pumping this old chestnut for ever I think he thinks it makes him sound knowledgeable but we all know different. Those historical resources are petering out by the day. As can be seen by recent updates. Talk about panning for gold lol

[leewink1] 13/2/2024 15:39

. . . And with no hint of anything substantial changing it anytime remotely soon, this is the stark reality here, it's beyond a risky punt now.

[leewink1] 13/2/2024 15:38

You can't compare here to another company, to many factors, there's no trust or confidence here, and it's being sold daily, has been for years, when this company can't mine enough to pay bills, utilising share issue on share issue to keep it afloat, you can't blame people for exiting, 5 years wait for no fundamental increases, you can't blame them, thing if now after years of this, just how long can they stay afloat, that's the major risk here.

[kemche] 13/2/2024 15:36

PATT, I have refrained from averaging down for a few days as each time I do the bloody MMs find yet another bottom.

[purchaseatthetop] 13/2/2024 15:12

GF…you posted
“Mostly The open cast mine and underground mine with a jorc compliant resource of about 4m ton of ore in place.”

As it costs them $10 to mine $4 worth of concentrate and that has not changed for years, just imagine how much cash they will need to mine the millions of toms of rock they have in the ground. Kemche….rest assured, averaging down is assured. For years.

[harps01] 13/2/2024 15:02

GF I'm actually interested as trying to do like for like comparisons but it's not easy finding companies in similar position to Vast. It's in a fairly unique position in working the jurisdictions they are. Generally see much larger companies working in these jurisdictions and they can leverage their position. Previously (going back to African Consolidated Resources) used to have a good market cap but taken a dive since the ousting by Zimbabwean authorities, MPM going into care and maintenance and BP not generating free cash flow. There's potential projects out there which could turn around Vasts fortunes but currently they are pioneering the route as far as I can see as a small company.

On the plus side if they can make one of these projects work successfully then this could open a number of very lucrative doors.

Would love to know which similar company you found for comparison.