Vast Resources Share Discussion Threads

[11_percent] 23/1/2018 11:06

CHESTY1,

You really must try to control your emotions......your rant will not make the share price go up.

Have a look at the fundamentals here.....they NEED that licence, and it is not going to happen.

[chesty1] 23/1/2018 10:23

Buys coming in now!!! Never seen a share with so much potential chart says let's go yet still not much pi interest!!! Watch the herd arrive when the share price has popped !!!

[mreasygoing] 23/1/2018 09:09

When it goes above .62p the brakes with come off.

[chesty1] 23/1/2018 08:50

0.594p to sell in volume this is going blue!!

[chesty1] 23/1/2018 08:23

Solid read and that's based on current news! With lots of news to come quarter results will set this one off north imho!

[paleje] 23/1/2018 00:39

Thanks Edmonda, their email summary as follows, plenty of potential catalysts:-

Vast Resources plc is an AIM-quoted resource development company that converted from an exploration company to a mining company in 2015, with two operating mines; the Manaila polymetallic mine in Romania (100%), and the Pickstone-Peerless gold mine (25%) in Zimbabwe.

2018 looks to be a pivotal year for Vast as the company seeks to turn Manaila to account, and flip the needle towards being a cash flow positive operation, and re-open Baita Plai. In addition to ironing out operational inefficiencies and ramping up the quantity and quality of concentrate production at Manaila, Vast is chomping at the bit to push the button on a major expansion to unlock the value of its Romanian assets. Financing remains the key to unlocking this plan.

The new CEO Andrew Prelea has plans to cut-costs at the corporate level, always a welcome move in the eyes of shareholders. However, more important in our view, is the raft of planned work underway at all operations to increase production and cut costs. A portion of Manaila’s woes are related to issues we typically see when commissioning new capacity, e.g. inefficiencies in the new zinc flotation circuit.

Talking the talk, is likely to become walking the walk and 2018 should be the year of delivery. In Romania, the focus on cost control and ramping up operations, should provide the backbone to springboard into Manaila’s new metallurgical facility which Vast anticipates will slash operating costs. The final grant of the Baita licence would allow the button to be pushed on mine development. In Zimbabwe, the continually improving political situation, may result in a more favourable outlook for the Group’s assets in the country.

Our valuation on Vast shares remains at 1.03p, and we see upcoming news-flow that might act as a catalyst to revaluation: December quarter production (late Jan), Carlibaba JORC-resource (Q1), financing and off-take update, grant of Baita Plai Association Licence.

[nickg2] 22/1/2018 20:22

Good read that!

[edmonda] 22/1/2018 18:08

Updated research note from ED out today, sets scene for likely newflow and reiterates 1.03p valuation for now. Freely accessible on

[chesty1] 22/1/2018 16:37

Nice solid close!!!

[mreasygoing] 22/1/2018 15:42

Code 1. A good sign :)

[chesty1] 22/1/2018 15:07

Too easy!!! Back up we go!

[chesty1] 22/1/2018 14:25

Watch the buyers come in for this at 0.58p will not stay here into close imho! Quarterly production end of jan and so much news that could hit at anytime now!

[chesty1] 22/1/2018 08:36

Fingers crossed! No Monday sell off and feel we will break into the 0.6's and hold this week ahead of quarter results which imho will be very very solid.

[edjge2] 22/1/2018 07:32

Looks like it might be a spiky cup with a handle coming on chart.

[petebarnes1] 21/1/2018 23:19

carla1 me to gla

[carla1] 21/1/2018 21:42

Good Evening fellow investors....Massive week ahead.. investors have spoken to AP over the weekend and all ok and management so excited about the future and 2018ALL ABOARD

[petebarnes1] 21/1/2018 21:15

nothing YET !!!! would suggest you research 113mike

[113mike] 21/1/2018 18:34

why's that then? what's changed?

[petebarnes1] 21/1/2018 18:29

all looks set for a fantastic week ahead

[11_percent] 20/1/2018 19:38

Why is it "Best to do it now and get it out of the way"