Vast Resources Share Discussion Threads

[temmujin] 06/9/2017 21:57

should get results soon and find out how much profit VAST have made...

[mostro] 06/9/2017 08:55

Getting close to adding some more here!

[toby tots] 06/9/2017 07:49

Those figures are not reliable!

[luckyvince] 05/9/2017 17:50

91 mil on the buy. Not bad but we finnish red.

[sleveen] 05/9/2017 17:45

The "investor" which ever one of the 2 , will finish with almost 30% of VAST.

No need to buy a few mill in the market.

Everyone should have you on filter.

[temmujin] 05/9/2017 17:42

two big buy orders filled...probably for the 2 new corporate investors...onwards and upwards

[temmujin] 03/9/2017 00:34

bubbling nicely..not long for results

[temmujin] 03/9/2017 00:34

bubbling nicely..not long for results

[blueball] 02/9/2017 07:16

Stay long.

[temmujin] 02/9/2017 04:03

zinc price has doubled since early 2016...results should be mega later this month...copper up 50%

[ny boy] 01/9/2017 11:58

Looking good here following the retrace, I have also bought (NUOG) on the retrace too, starting to build up a head of steam

[edgein] 01/9/2017 10:44

You'll find that its not a loan and not debt, but a funding agreement that can be converted into VAST shares at 0.4p (with the investee holding around 29% of the company). Big difference is that the company remains debt free and can put this substantial cash pile into development of the Manaila central processing facility and BP.

Regards,
Ed.

[bionicdog] 01/9/2017 08:45

Highly un ... likely. Now off you go to work.

[temmujin] 01/9/2017 03:11

gap up today 0.5 highly likely

[temmujin] 01/9/2017 03:10

gap up today 0.5 highly likely

[temmujin] 01/9/2017 03:06

did Dean sell out?

[blueball] 31/8/2017 20:15

Buy..possible explosive long trade.

[cyberbub] 31/8/2017 12:35

Whichever way you look at it though, it's not a bank loan, it's an investment for a share of the company (or its subsidiary). So even though there might not be more shares issued in the listed entity VAST, the share of the subsidiary (and therefore profits) which VAST owns is decreasing or being diluted.I do agree the post above though, that a large placing/dilution/whatever you want to call it, doesn't necessarily mean that the prospects for the share price are held back.

[edgein] 31/8/2017 10:41

I agree this is an investor coming in at 0.4p for $10m. Actually two competing investment sources at present. Saying that it pins the price at 0.4p isn't true as its assuming that this is a seller not looking at the assets. We've substantial and growing assets in Romania, planning their second pit already at Manaila/Carlibaba. We're now very close to the final ministerial sign off BP licence too. GKP for example placed at 9p within a few months they were over £1, then gradually on to over £4! Just because a company is over-sold, and it is over sold given the growing production and rising copper and zinc prices, doesn't mean it won't go up after a new investor arises. The company is planning to become a significant European copper producer and reading its progress this year its heading in the right direction. with operations intended to commecence on BP licence by year end too and soon to be very well funded we're going to see an even more intense growth phase coming from the company. I'm looking forward to see what they do with the free cash flow from Manaila and the $10m investment. Most likely bring the plan together for the second pit, central processing facility for Manaila and Carlibaba and get BP into production. So yeah all of that is likely to see these at multiples of the current investment. Those two competing funders will want to see good returns on that 0.4p and the company certainly has the assets to achieve that for them.

Regards,
Ed.

[ihavenoclue] 31/8/2017 08:28

cyber .. I wouldn't want to give anyone advice but they way I see it it is an investment in the company rather than a fundraising i.e. they won't be selling of any kind and will hold on to their shares.

Yorgi has been around here a lot longer than me and can answer your question better.

[cyberbub] 30/8/2017 23:51

I may have misunderstood it. Please enlighten me if I have. I might be interested in buying back in.

[cyberbub] 30/8/2017 23:19

Does it not mention "at a price of 0.4p" in the relevant RNS of a few weeks ago?

[ihavenoclue] 30/8/2017 22:53

You think the fund raising will hold back the share price for 6 - 12 months ? LMFAO

It ISN'T fundraising, as you put it, it is a strategic investment into the company.

" "The Proposed Investment by a strategic investor of up to US$10 million
should enable us to execute our strategic objectives in Romania, and I
look forward to providing further updates as appropriate as this process
continues." "

Yeah sounds like it is really going to kill progress and the share price ... oh dear !!

[cyberbub] 30/8/2017 18:54

I used to hold some here and have been keeping an eye on it.I think the news today is very positive. But surely the (proposed) massive fundraising at 0.4p is going to place a ceiling on the share price not much above 0.4p for the next 6-12 months?