Vast Resources Share Discussion Threads

[forfaiter1] 07/4/2024 12:34

GF

Is your figure of $26.68m EBITDA or total revenue before costs ?

[firw00d] 07/4/2024 11:24

Good point GF1 Andrew has played the long game here and is looking to get us to junior miner status which should see us somewhere in the region of 100 bags from where we now in the future, Quack Quack

[gold finger 1] 07/4/2024 10:57

Firwood

It’s looking tasty now, 100mln MCAP would be 50% discount to independent valuation.

That valuation was also made before any of the 3 management assets were added.

[firw00d] 07/4/2024 10:49

NT to buy anything over 2mln all Friday afternoon yet the market was offering to take my full holding in one go all day, (Fact not fiction)Either there is a large buy order in or the MMs know something and were happy to accumulate in anticipation of the news coming, (speculation)It's looking tasty now, 100mln MCAP would be 50% discount to independent valuation(Fetch)

[bionicdog] 07/4/2024 10:26

I've just noticed something called the lottery. Be nice if you won that.

[gold finger 1] 07/4/2024 10:24

Just noticed Molybdenum is now at $62,881 a ton now. Be nice to get that producing and reported from the BP mine.

[bionicdog] 07/4/2024 10:24

I would have thought that anyone who believes GF's lies is the very definition of brain dead. All the way from 06/07/2020 at £1.50.

[firw00d] 07/4/2024 10:23

Great post GoldFinger1Closely followed by Mutley's usual brain dead 10p one liner for his

[gold finger 1] 07/4/2024 10:20

so vast have gold, silver, platinum, copper, zinc, lead, molybdenum, and a few others i may have missed. That they now have a income coming through. With as we can see from the tree weeks at Aprelevka up 15% already. ramping up time is now going to be showing some real money, coming vasts way.

[skif] 07/4/2024 10:20

Spiv, has some very unsavoury business associates.

First the very corrupt Romanians, second the Swiss mafia, third African scum and now ISIS.

He'll be doing deals with the scum in Westminster soon to try and get himself off the hook.

[bionicdog] 07/4/2024 10:13

Utter rubbish as usual.

[gold finger 1] 07/4/2024 10:06

forfaite

How much will vast get, though ?

Vast will be entitled to a 10% share of the earnings before interest and tax that Gulf receives from its 49% interest in Aprelevka;

So lets look at gold alone, let just work on the 11,600 ounces. that comes in at $26.68m, 49% comes to $13.73m so vast share is worth $1.3m. Take vast share of the silver as the cost of the interest and tax. So vast get lets call it £1m. not bad for something that cost them nothing.

[bionicdog] 07/4/2024 08:48

So what you're saying is people should invest in profitable miners or a mining trust.

[skif] 06/4/2024 20:40

It's another mirage they are using to get another placing away. This time gold instead of diamonds.

Why don't they put a picture of the diamonds up on twitter.

[forfaiter1] 06/4/2024 19:51

How much will vast get though ?

•€€;€ Vast will be entitled to a 10% share of the earnings before interest and tax that Gulf receives
from its 49% interest in Aprelevka;

[gold finger 1] 06/4/2024 10:06

So vast hope to get the Aprelevka gold mine back to producing 27,000 ounces a year from the 11,600 it was down to producing, that would be a increase of 15,400 ounces a year. Or a 130% increase. So after 3 weeks they have increased the gold by 15% already, or add 1,740 ounces, already in 3 weeks. Or 580 ounces for each of the 3 weeks. That is a cool $1,334,000 a week from the gold alone. The silver will have added about $469,800 or $156,600 a week. so in total almost $1.5m a week added, already. As it takes time to ramp up production, it could take a while to get back to getting close to the old 27,000 ounces a year. But with those kind of results and the gold price set to continue to rise, I would think those owning these assets will wont to bring other mines on line as soon as possible.
A 15% rise in just 3 weeks is, eye watering progress.
Lets hope they have achieve the same kind of progress at BP.

[gold finger 1] 06/4/2024 09:18

This was a very interesting point in the second article.
Goldman Sachs Group Inc. analysts said in a note Thursday. They reiterated the bank’s bullish call for a 65% price jump by 2025. Now i would not normally take any notice of a goldman Sachs analysts. Not when i have trolls that i have filtered to give there keyboard warrior opinions if i wanted it.
But it clear to see that copper is getting rarer and rarer, with each passing day.
What with grades getting lower and lower, and the fact to back the shortage up, is.
Smelters fighting to get their hands on copper concentrate.
I dont even see a 65% increase by the end of the year being enough.

[gold finger 1] 06/4/2024 08:45

NasarSaddique

YET ANOTHER couple of GOOD READS. Thanks for posting the link.

[nasarsaddique] 06/4/2024 05:39

https://www.mining.com/web/copper-price-jumps-to-new-14-month-high-on-supply-risks-demand-hopes/

[nasarsaddique] 06/4/2024 05:38

https://www.mining.com/web/copper-miners-glimpse-the-future-theyve-long-seen-coming/

[leewink1] 05/4/2024 23:42

Funny it's not in RNS, and subsequent sales or pricing, or like the copper shambles how much to they actually get from sales, be wary of twitter BS.