Vast Resources Share Discussion Threads

[guyswonga74] 22/10/2017 11:51

Yep the selling into close Friday was a good opportunity to top up. I averaged up as it happens. Now have average of 0.4p so holding here. No NAuog double placing to sting us here thankfully

[glenkaz] 21/10/2017 18:45

Hi mr wonga 🤡✌A039; Was gonna top up here Monday but didn't like sell off!! From 70p I know it's Friday but gonna hold only here now! Ggp had a great finish for a Friday so I'll be topping up there!! Big time! Do like both though but I'll hold what I got here! Gla! 🔥🚀

[guyswonga74] 21/10/2017 14:52

Glad your in glenkaz. I have been holding these for months. Sold a bit Friday but still hold 3 million

[deanroberthunt] 21/10/2017 11:09

or even better

[telbap] 21/10/2017 10:52

If you want a good graphite play look at hayd. They are actually developing commercial uses for it....enough ot:-)))

[temmujin] 20/10/2017 22:19

im in Alba..plenty of graphite,oil and gold too plus other rare metals...fully funded

[nina65] 20/10/2017 21:24

Problem with GRPH is market cap. 4 mil.,hardly any income and they are in debt for
25 mil.

[milliecusto] 20/10/2017 21:02

Yeah tidy,ghp will require a lot of investment and water...

[milliecusto] 20/10/2017 21:01

See graphene flying around various bb's,been about for years,nothing special,seems someone is locked in and desperate to get out

[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.