not true...why dont you apply for a job at jackanory? |
1.5m tons of tailings at 15 tons per rock truck transport is 100,000 round trips. Each round trip is about 300 road miles. So to shift it will mean driving 30 million truck miles.
Good luck with making any money shifting tailings 300 miles to process. The whole point of mining is to minimise ore movement distance. Plus there aren’t enough trucks in Europe to do the job. |
So i was just looking at the hains gold deposit. The first rock dump hold 1.5m ton of ore at between 1.2-2.5g/t. So around 2.25m gram , at 1.5 gram a ton. or 750,000 ounces at 30 gram a ounce. so before cost $210m at $2800, a ounce. So vast get 20% so before costs that is $42m to vast over the life time of this dump. Now that is only for the first 1.5m ton from a possible 3m ton.
The Company in addition will be entitled to make a charge for processing material at Baita Plai in accordance with industry norms. not sure what this will be worth to vast but its not going to be a small amount. Vast Market cap today is just £3.5m. seems very small for a company with this amount of revenue, from just just one of its money making projects. |
I don't think "proves" is the correct word. |
GF..they'll wake up soon when they realise we are heading for another 1600's type mini ice age..valentina zharkova proves why |
Ice good luck with your investment there.
Britain has to be the woke capital of the world now.
Yqu only need a tree huger to stop progress in Britain.
Weak governments is what most of the world has now. It makes no difference who is in power it seems. Always been the same. Looks like it will continue for years to come. |
no wonder angus energy wanted a bigger compressor..the cats out of the bag now..i can see a jv or takeover by angus
Huge gas field discovered in UK town could rake in £112bn and power country for 10 years
A gas field found beneath Lincolnshire could supply the country with the energy it needs for the next 10 years.
By ADITI RANE
18:48, Fri, Feb 14, 2025 | UPDATED: 18:54, Fri, Feb 14, 2025
32BOOKMARK
Gainsborough Street View
The gas field is centred on Gainsborough in Lincolnshire (Image: Getty)
A massive gas field discovered beneath Lincolnshire could supply the UK's energy needs for 10 years, reduce reliance on imports, and contribute £112 billion to the economy, according to Egdon Resources. |
"Following this successful court hearing, the next court hearing has been scheduled for 3 April 2025 and will involve the Judicial Administrator providing further updates to the court about the progress of the reorganisation."
Tick tock. |
ICON is currently the HOTTEST Stock in the Universe ! |
GF - excellent post! |
 so i was watching a finance podcast this morning, and it reminded me of what went on back in about 2012. The Germans wanted their gold back from being held in the USA. IT took them 5 years to get it back. So when the trolls say Zimbabwe is corrupt so this is the reason vast will never get their diamonds back, is that Zimbabwe is corrupt.
No the USA is not classed as corrupt, well not that bad. Its just the case that once governments are involved it takes longer.
Now regarding investing in copper. You have to look forward to what you can see happening today. If you dont have the foresight, to see over time there is a going to be a shortage. it amazes me that the troll likes to look back when it fits his agenda.
Or is it just the fact that he has no money to invest, so dont want to see that fact.
If you want to wait till the price of copper has risen, you would have missed the boat. Five years ago copper was around $4,200 a ton, today it $9,600 a ton. At some stage it will imo rise so much higher.
For the last ten years gold has risen. nice and steady at first, but the last two years it accelerated. A lot of people think they have missed the boat, buying gold. Imo the rise has not started in gold yet. Most people that invests in AIM are looking to make a very fast buck. I am more convinced that copper is the better investment than gold, at this time. There is a very large shortage coming down the line, The facts show this to be true. But if you think this is going to happen over a long weekend you are mistaken.
AP has managed to get a foothold in the gold market for free, over the last few years. The market has ignored this as they are waiting to see what Vast share will be. Its funny that we will soon see how much these gold plays will be worth. That means income. Yet the market will value a company with no revenue at a inflated price. So today Vast have a very low Market Cap of just £3.59m. I say just as even as a shell it would be worth £1m. So in reality they are only valuing a processing mine and other cash making assets at just around £2.5m. AP and his team have been working very hard over the last few years, to get revenue to flow in. At some stage we will see that these inflows alone will cover the debt they now have Along with at least covering the cost at BP. So if you are waiting to see vast fail, you are not wasting your time. Vast has already risen 100% over the last few months. I wonder how many people wanted to invest, but were waiting to see what happened. Now wished they had. But are now waiting for some of the news to drop. Well if you think you can wait and get in at a very good price still, good luck with that. |
wonder if vast have broke even now or cash generating ? |
It is hilarious to watch them go at it. I own 2.999% of this business. I happen to know of many others in a similar position. Then there is Mr Jones. This thrashing around is funny. The desperation will only increase. It won’t change the outcome however. Over to you Bionic Winnet… |
“The fact is AP has plenty of good news he could release”
Might that be the Q3 24 mining update that is now coming up to four months late? The Q4 24 update is only two weeks late but maybe it will come out before the Q3 one. AP has so much good news that he thinks the world will explode with joy Kim Jong Un style. |
"The fact is AP has plenty of good news he could release."
That would be illegal. Are you suggesting that he is operating illegally? |
Ice.
Regarding the price of gas. In my opinion the price of gas will never come down again.
Look at the price gas was before the spike. Then the price dropped massively. The price did not drop for consumers. Someone is making a massive amount of money from gas. But we know who is having to pay for some to make a lot of money. Gold rising has been a result of money printing. Governments fault. Gas and electric rising due to governments. Copper rising due to shortages. Due to weak governments over the years, with the weak attitude, to allowing a few people dictate polices to them. But now its to late. They will never stop the shortage. Its only going to get worse. This is not my opinion. its a fact. |
GF have you bought any more imaginary shares today ? You don't hold, just paid to ramp, fact. |
They are trying to shake us out with boredom.
Well they never succeeded for years, by them dropping the price. So good luck trying to bore me out.
The fact is AP has plenty of good news he could release. imo. But imo he is holding it back until news drops regarding new finance. If he was to release this good news now. It would most likely be just wasted. So with the price rising slowly, slowly week by week, I am happy to wait for as long as it takes. |
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