Vast Resources Share Discussion Threads

[gold finger 1] 21/3/2024 15:00

looking at the revenue here, its clear to see that the losses are falling greatly over the last two sets of accounts. The main thing to take note of is that the revenue fell very slightly on the last set of yearly accounts. But the operating loss was reduced by $5m. What i am pointing out is costs had been dropped, on a very small revenue of $3.72m. Its not that the revenue had reached say $35m and the cuts made had been $5m. So once the mine starts to really ramp up, those cost will again reduce. All looking good here.

So its been 8 days since Trafigura took over the off take deal. Yet here we are looking at that first shipment leaving the site. note that there is another container lorry behind the one that was being weighed.

[skif] 21/3/2024 14:24

So still not breaking even.

[gold finger 1] 21/3/2024 14:20

NasarSaddique

Thanks for that link.

Looking at that storage point, they have come a long way from storing the concentrate in large sacks. Also it never took long for Trafigura, to take its first shipment.

I like what they said.

As a Company in production, we continue to push forward with limited additional capex required.

#VAST is in a solid position to capitalise on current market dynamics through our new offtake with Trafigura.

[gold finger 1] 21/3/2024 14:06

As for Gsa Capital shorting the stock.
Yes you can see this on LSE.
So if you look for the last year they have had a short running for about 0.5%.
Now they have increased to 0.86%. A total about 13m in all. that from shares in issue of 928.6m. What great timing by them. one no one has really been buying, waiting for news. So if you short lets say 6m while every one is sat on their hands, you are going to make the share price drop. Then you have those that will think they know a placing is coming. Well if you knew that would you not have taken out a larger short. After all about £2m is nothing to them. It could be that they hope people see they are shorting, so will sell thinking they know something. They might, but they are not prepared to risk much are they if they do. We will see.

[skif] 21/3/2024 14:06

A scam is a sneaky plan to steal off people by deception.

[nasarsaddique] 21/3/2024 13:44

https://twitter.com/vast_resources/status/1770791270144708716?t=CanU3vHxL2UBCFv5DZGgHw&s=19

[gold finger 1] 21/3/2024 13:29

I would like to make a definition. The definition is between a Scam, and a pumper.
A scam stock is a stock you no longer own, or never owned, you did no research on. For you its a scam.

A pumper is someone that has done their research and is talking positively about the stock.
If you did no research everyone else is a pumper.

[kemche] 21/3/2024 13:06

Mark - filtered!

[leewink1] 21/3/2024 12:59

The wise have no choice, this is not the bottom as there is no news forthwith to change anything toward the sp, no diamonds surprise surprise, mining at massive loss, share issues due any day to keep afloat, nothing here warranting wasting your money.

[kemche] 21/3/2024 12:28

Classic treeshake to find a new bottom as the wise continue to average down.

[terminator101] 21/3/2024 12:03

Still no imminent fantasy diamonds huh. #Shocker

[forfaiter1] 21/3/2024 09:28

GSA Capital short on this stock

[skif] 20/3/2024 19:55

Romanian soldiers are now operating in Ukraine. Only a matter of time before the Black Sea is shut down for ships from / to Romania

[gold finger 1] 20/3/2024 14:27

I see Hummingbird appear to have got themselves into a right mess.
Not sure how they are going to sort it out, but there seems a lot of trolls enjoying it. I wondered why it was so quiet here today and on LSE.

[leewink1] 20/3/2024 09:31

Yes GF, but Luton has prospect that got them there.

[bionicdog] 20/3/2024 09:27

Yet he strangely uses coins to vote down my filtered posts , which you cannot do.

[teaboy100] 20/3/2024 09:24

GF claims not to read anyone else's posts so that he doesn't have to answer to any of his proven multiply repeated lies. He simply accuses everyone else of all the things he does in all his monologues. A bit like a Trump offensive, everything is fake unless GF spews it.

[gold finger 1] 20/3/2024 09:09

G2thehay

I have no idea what any of the trolls are saying. they are all filtered.

All i know is that in life things change. Take a look at where Luton Town were a few years ago. who thought back then that they would be sitting at the top table, with the big boys. NO i am not a luton supporter.

[g2theary] 20/3/2024 08:30

So you are saying Harps isn't making fair and valid points there GF?