Vast Resources Share Discussion Threads

[clive talking] 20/10/2017 20:47

Compare that with "what do you use copper for"?

[temmujin] 20/10/2017 20:28

egregore...what do you use graphene for?

[dudleym1975] 20/10/2017 20:27

Thanks I'll have a look at GRPH over the weekend.

[the egregore] 20/10/2017 20:25

Gents My apologies for interrupting your thread.. But Do me a favour and stick GRAPHENE NANOTECH (GRPH) ON your monitors if its not there now. News is almost certainly coming next week which should see it 10 bag immediately. Just 2.5p now and been climbing 15% or so a day. Its about to go pop . Its Risky but its a CRACKER.

[temmujin] 20/10/2017 20:03

VAST v SOLG

Vast vs Solomon GoldToday 19:19Solomon Gold has a current market cap of 443m and shares have increased from around 3.5p in mid 2016 to 30p+ in 2017.

Financials
- Looking at the financials Solomon Gold made a 4.9m operating loss last year, only have 1m in property, plant & equipment. 45m in non-current assets, 52m cash.
- Vast has 18m revenue, 1.2m operating loss, 26m in property, plant & equipment, 31m non-current assets, 1m cash.

Resources
- Solomon do have much better grades than Vast, Alpala is a 1 billion tonne resource and Cascabel is a 10 billion resource. However the infrastructure is much poorer, the region has few roads and poor electricity.

In terms of resources Vast has 3 billion tonnes at Magura Neagra, probably up to 1billion tonnes at Piciorul Zimbrului, 2.9 million tonnes at Manaila, up to 26 million tonnes at Carlibaba, at least 1.8million tonnes at Baita Plai and 3 million tonnes of tailings at Faneata Tailings. The infrastructure for Carlibaba, Baita Plai and Manaila will all be fully operational within 18 months. The JORC and drilling results from Magura Neagra and Piciorul Zimbrului will drive the share price up massively way beyond 2p given that Vast will be cash flow positive.

I might be comparing apples to oranges but it seems to me that if Vast can generate substantial cash and get investment in the next year or two they could easily have a world class mining operation in Romania. That doesn't even include the other Remin mines they could acquire on the cheap!

[tidy 2] 20/10/2017 19:59

Speculative v production growth.

[glenkaz] 20/10/2017 19:11

I'm in both ggp and vast only shares I see with a big future yes vast will grow ggp could be huge! Happy to be in both 🤡✌A039; Gla!

[temmujin] 20/10/2017 19:01

Listen in at 16m and 42 Seconds. VAST has been approached by some of the largest companies in the world for potential offtake agreements

[temmujin] 20/10/2017 18:50

AMAZING interview with Vast's andrew prelea ...if anyone has any doubts about VAST i suggest you watch this video

[yorgi] 20/10/2017 18:29

Never boring.......very true.

[philip43] 20/10/2017 17:44

One thing about Vast. It's never boring!

[yorgi] 20/10/2017 17:41

It also must mean the votes were against the boards recommendations. I believe having the headroom as the BOD wanted is important to give that flexibility in any funding negotiations. I would have liked to have seen them passed.

[yorgi] 20/10/2017 17:33

Thinking about it Letmepass there must have been a lot of votes against those resolutions that's is why there is an issue.

[yorgi] 20/10/2017 17:27

Good question letmepass........very good question, it could mean absolutely anything.

[letmepass] 20/10/2017 17:25

Issue with resolution 7 to 10..mmm what does that mean

[yorgi] 20/10/2017 17:24

What the problems are over the other resolutions is interesting but what it means remains to seen.

[yorgi] 20/10/2017 17:22

AGM RNS. Pleased to see Mr Basham has done the company a favour 😊

[babbler] 20/10/2017 17:21

Rns... Strange one...

[temmujin] 20/10/2017 16:52

record volume..wonder who is stake building?

[clive talking] 20/10/2017 16:37

I was paying .604 a minute earlier.

[msufi1] 20/10/2017 16:37

no probs couple big trades at 0.71 kindly does anyone v link to barchart plz thanks

[tidy 2] 20/10/2017 16:33

Same ere dean. Come on Hamster :)

[tidy 2] 20/10/2017 16:32

0.705 paid on the bell.