Vast Resources Share Discussion Threads

[bionicdog] 19/7/2024 12:57

Is that hopeless25's attempt at psychology? Stop people posting facts and the shares might recover.

"I have invested in companies over the year"

No you haven't , you don't even "invest" in this one.

[gold finger 1] 19/7/2024 12:56

Hopeful

He thinks we do read him, thats the funny part.
The only time i read what he has to say is when he comes up with another new avatar. Then its only the once. I read it, before i bin it with his others.

[teaboy100] 19/7/2024 12:53

You would need a functional brain cell to understand. But you're happy giggling and sucking up to GF instead.

[gold finger 1] 19/7/2024 12:49

kemche

I have invested in companies over the year that got to revenue like they hoped. But after a few years it becomes clear that with every revenue rise the cost of the revenue rise was eaten up by the increase in costs. Sometimes even if you find a company that you believe will get to a revenue, it can take a few years to see that revenue is being eaten up by larger and larger costs. After three years of production at BP you can clearly see progress is being made. That is not including all the progress that has been made also in Tajikistan this last year or so. none of this progress in Tajikistan will show in the final results of 2024. but they will be in 2025.

The funny thing is that whether they have or have not got a revenue. All and i mean all have a larger Market cap than vast.
As i have said before, the only thing holding vast back at this moment is the finance.

[hopeful25] 19/7/2024 12:43

Gotta laugh at the time they waste on here! No one is listening! No one cares and neither do the trolls so WHY do they!!
Funny that.😂

[bionicdog] 19/7/2024 12:32

"Not sure why we have not had any info regarding the zinc, Same goes for the moly, and other credits that are coming out of BP."

I have an idea.

[leewink1] 19/7/2024 12:28

Try a long term too Tea, absolute downward ski jump ramp, progress GF ? I'm absolutely RATFLMAO

[gold finger 1] 19/7/2024 12:24

Not sure why we have not had any info regarding the zinc, Same goes for the moly, and other credits that are coming out of BP. Regarding the moly, we were told this in a RNS.1 August 2022

Vast Resources plc(‘Vast̵7; or the ‘Company’;)

Baita Plai Operational Update

Vast Resources plc, the AIM-listed production and development company, is pleased to announce that it will commence molybdenum concentrate production in August 2022 at its Baita Plai Polymetallic Mine (“Baita Plai”) in Romania.

Further to the announcements made on 31 January 2022 and 3 May 2022 regarding the installation and commissioning of a molybdenum (‘Mo’) flotation line at Baita Plai, the Company is pleased to confirm that the 0.6m3 cells are installed in the flotation circuit and production of a molybdenum concentrate will commence in August 2022. The Company will report on quarterly molybdenum production as part of its quarterly production reporting.
Maybe they have not hit the moly they thought they would have, But the money has been spent now to be ready when needed.
The same goes for the second milling circuit.

The second milling circuit further optimises the operations at Baita Plai and doubles milling capacity at the plant. With two milling circuits fully functioning the two mills combined are capable of processing 14,000 tonnes per month.
This may not be needed at this moment, but it been paid for and is in place for when it is needed. Just another two cases where money was needed and spent. Add these costs to the drilling campagna, and you can see why the dilution money was needed. Most to add value to vast. Which the market chose to ignore on each occasion.

[teaboy100] 19/7/2024 12:02

GF, take a look at the 3-year chart for the 'progress' you keep spewing on about. Or 1 yearOr 3 monthOr 1 month

[kemche] 19/7/2024 11:39

"What i have noticed is this, apart from most AIM companies dont have any kind of revenue stream. Those that do lose money. But not only that, they most of the time increase the the revenue, but also increase their operating costs by more. So the more they produce the more their costs go up. Not good."

Not good in the slightest. I, for one, would never invest in such companies. And yet people do.

[gold finger 1] 19/7/2024 11:35

What i have noticed is this, apart from most AIM companies dont have any kind of revenue stream. Those that do lose money. But not only that, they most of the time increase the the revenue, but also increase their operating costs by more. So the more they produce the more their costs go up. Not good.

Now while vast have only been in production for the last 3 years. We have two full years only at this moment to see how they are progressing. The first year being, revenue $3.78m, operating loss $13.07m. Then the next year for 2022 it shows, revenue of $3.72m with a operating loss of $8.14m. So as you can see revenue down very slightly, But operating cost still dropped by $4.93m. That is called progress. I expect from the Quarterly results that we have at hand now, Full year 2024 will be another improvement. Time will tell.

[teaboy100] 19/7/2024 11:21

Lol, precisely. Good post kemche, nailed it. Unlike the blinkered and deluded chief troll GF.

[kemche] 19/7/2024 11:08

The only thing holding Vast back now is finance, profits, revenue, cashflow, and balance sheet strength. Once those things are in place then Bionic and his 1347 avatars will not be seen for dust.

We are just waiting to hear on production report, Trafigura, Tajikistan, Swiss, Nikash, PGM, Molybdenum, Romanian tax authority settlement and the diamonds (which can come any day now). Good luck trying to close your shorts then. I hope they are all taken to the cleaners!

GLA LTHers!

I have held off on averaging down due to sage advice for which I am thankful.

[gold finger 1] 19/7/2024 11:01

The only thing holding Vast back now is finance. Once this is sorted it will be all systems go. It may take a month or two, imo but when this goes, the dog will have his wagging tail cut off, once and for all. Like a lizard that loses it tail when it gets into trouble. Like the lizard it tail wave from side to side for a while, just to distract what is attacking it. Dog will be just the same, then he will finally realise he has lost and move, minus its tail, with his selection of other avatars following. Not long now.

[kemche] 19/7/2024 10:58

GF, the more he hates it the more I buy.

[gold finger 1] 19/7/2024 10:44

Hopeful

If one day the dog posts something sensible, that would be a first.
It is clear that he has a, Vast derangement problem. I know this for a fact, after reading is hate for years, and having him filtered for a few years.
He hates anyone that owns shares in this company that just wont go away.

[bionicdog] 19/7/2024 10:30

They should spend their time losing money on scams like you.

[kingston78] 19/7/2024 10:15

Never invest operations in a banana republic.

[hopeful25] 19/7/2024 09:55

How sad you toxic trolls only have time to read messages and criticise!! Pathetic.

[harps01] 19/7/2024 09:44

Lol, see he still has you filtered 🤣

[gold finger 1] 19/7/2024 09:35

Seems there is a world wide problem with the computer system.
Why they dont just put a finger in the air, and make a guess, like they normally do.
As they cant tell if a trade is a buy or a sell. What is the point.

[harps01] 19/7/2024 09:33

In view of the time taken its likely the diamonds are no longer there, otherwise why the delay? Elections held months ago, no real change. Even in Vast news its only a small note now. I don't remember seeing anything to say someone's actually seen them. Only news we have had is from AP saying they are there but could not confirm he's seen them.

If they turn up bonus but I've written then off. In the unlikely event they are still there more likely someone is waiting for Vast to fold and they then get taken over by the state. Whose got the money to pursue them!

[bionicdog] 19/7/2024 09:30

This global IT issue has obviously been orchestrated to suppress the VAST share price

[bionicdog] 19/7/2024 09:04

Strange isn't it? It's almost as if they aren't going to arrive , much like the Swiss finance and platinum.