Vast Resources Share Discussion Threads

[johncasey] 29/5/2020 14:51

VAST RESOURCES PLC “VAST.LN”; – POSITIVE OUTLOOK
Vast Resources (VAST.LN) is an AIM listed mining and
resource development company with early production and
exploration assets in Romania and Zimbabwe. Its Baita Plai
Polymetallic Mine (Romania) has delivered grades
exceeding company expectations following recent asset
analysis performed by Grinding Solutions LTD average
sample grades of Cu (9%), Pb (0.45%) and Zn (1.1%). This
could open up favorable financing options for Vast in the
coming weeks leading to FCF of circa $12M-$18M per
annum, reinforced by Molybdenum results with free carry in
Au (4.5g/t), Ag (271g/t). Secondary near-term catalyst is the
granting/subsequent commencement of diamond mining at
the Chiadzwa fields (Zimbabwe) located in Marange,
regarded as one of richest global alluvial diamond deposits.
Vast gives investors exposure to a diversified asset portfolio
with numerous near-term value inflexion points likely to
trigger a significant re-rating of the stock with limited dilution
risk for equity holders (post debt facility).

[laptop15] 29/5/2020 12:53

https://twitter.com/salmansaudi8/status/1266314134167093248?s=19

[demonboy] 29/5/2020 10:02

Lots of wagons on Twitter

[demonboy] 29/5/2020 09:51

Laptop15, when is the last of the dreaded finance tranches to end.

[laptop15] 29/5/2020 09:25

https://twitter.com/laptop1515/status/1266283721994321923?s=19BIG BUYING LOADING UP

[edjge2] 28/5/2020 20:26

lady di still in background too

[teamwork1] 28/5/2020 17:28

Once they start the production how much do u think share price will go up too

[demonboy] 28/5/2020 16:06

Gold is found in everything they mine according to one of employee on their twitter tour of BP mine.

[ianio5691] 28/5/2020 15:46

Thought these were particularly good - from Andrew Hall!


Andrew Hall‏ @ahall822

Replying to @spacegirlaim

We have a significant gold resource in Baita Plai that will be mined together with the other saleable minerals.



Vast’s Baita Plai Mine has gold content, this is confirmed by the recent metallurgical test results from Grinding Solutions Ltd. Vast announced this via RNS which you can view following this link ….

[dodge_city] 28/5/2020 14:18

There looks to be alot of old plant they are going to atsrt using that hasn't been used for years.

Chances are there will be breakdowns and wait times for replacement parts etc etc as production starts up.

[carla1] 28/5/2020 14:10

Good tweets today and replies from AH if anyone interested..BP is going to be massive

[leokoot] 28/5/2020 13:58

Hey Guys and Gals, I did post this in a thread but it appears that everyone is busy chatting here instead.

On popping into the Vast LSE BB, a user has made quite an interesting comment which I'm unsure how to think about. Personally, and without a doubt, like many others too, I entered for diamonds alone. Not BP, not Zagra, but Chiadzwa. Does anyone else have any thoughts?


The post in question:


"We are supposed to be Signing with ZCDC for a joint venture in Chiadzwa........Where is our chiadzwa concession?

We were told about our Chiadzwa community concession with the Marange Zimunya Community Trust, through Red Mercury. We were also told about another concession (Block E2, or Eii) also in Chiadzwa.

Looking on the ZCDC website at the concessions (portals) that ZCDC operate, it's quite clear that the website has not been updated for some time. The website still states that ZCDC operates 8 mining portals, at various stages from evaluation to mining.

1. Portal A
2. Portal B
3. Portal C
4. Portal D
5. Portal E (Chimanimani)
6. Portal Q
7. Portal R
8. T-concessions (none in Chiadzwa)
- Chihota, 160km northwest of chiadzwa
- Penalonga, 80km northeast of chiadzwa
- Mwenezi, 200km southwest of chiadzwa

To start with, we can eliminate both the T-concessions (8) and Portal E (5) as none of these are located in Chiadzwa.

We can also eliminate ZCDC's Portal Q (6) from the list, as Anjin were granted permission to commence mining activities
on the concession as of July 2019.


This now leaves ZCDC with only 5 mining portals to operate. Portals A,B,C,D and R.

However, Anjin controversially resumed operations in February 2020 in ZCDC's diamond rich concession, Portal B (2) following a directive from the Minister Winston Chitando, which resulted in resignations within ZCDC.
hxxp://kubatana.net/2020/05/01/mining-lifespan-for-zcdc-cut-by-50-as-government-dispossess-lucrative-concession-to-anjin/

Additionally, the link above also states that Anjin refused to surrender their original concession, Portal C (3). Meaning ZCDC are now only left with three portals, portals A, D and R.

Further more, the link above also states that "The company (ZCDC) is now left with Portal A, where they are currently mining", which suggests that portals D and R are no longer in the hands of ZCDC either, only Portal A is.

The link below (if you scroll down the page) shows a map of the chiadzwa concessions, and how they were distributed before they were taken from Anjin and others.
hxxps://globalpressjournal.com/africa/zimbabwe/diamond-rush-shoddy-housing-jobs-eastern-zimbabwe/

Looking back for a moment at Portal C (3). Anjin clearly refused to give this portal up because it was operated by them before it was stripped from them in 2016.

If Anjin refused to surrender portal C (3) because it was originally theirs, then they would have also refused to surrender Block Eii, along with Block Lii aswell. These are the three constituents that make up Anjin's original claim, as shown in the image below, of the identical, but updated map of the chiadzwa concessions.


It appears that when Andrew Prelea announced a change in coordinates for our concession, in a video for proactive investors (dated 26.09.19), it wasn't just a simple change of coordinates, but rather, we had just lost Block Eii to Anjin. Compare both the maps for yourself, our Block Eii concession lies on Anjin's claim.

So.....if we did change coordinates, then where was it changed too? ZCDC now only have Portal A left to Joint Venture with, so what's taking so long? Or is it that Vast aren't getting Portal A either.

I have a horrible feeling that we may never get to see a deal completed in zimbabwe at all. This will obviously draw in the question of "what happened to the $1.6M we were placed for". The ZCDC mass resignation probably will not help the situation either.

Andrew Prelea's comment (in relation to the historic claims) of "share holders will be pleasantly suprised" may never even get the chance to surprise us at all.

The company also made an announcement (RNS dated 26.09.19) claiming that the historic claims had been settled my mutual agreement.......but what does that mean exactly? And does the company even have a choice. If zimbabwe says that vast are having nothing, then who is Andrew Prelea to argue with them.

One thing I have noticed over the past month, is that a certain few users on this bulletin board have seemingly directed and focused the conversations towards Baita Plai, in line also with Andrew Prelea's recent focus on Baita Plai.

It was Andrew Prelea, and those few posters that were pumping Chiadzwa and the diamonds up not so long ago, then together they all switched to Baita Plai.........which I find a little bit strange.

Was zimbabwe used as a distraction, in an attempt to reduce the long wait for Baita Plai? Is there actually a few more that already realise that chiadzwa may not be coming?

No doubt those same users, in the typical fashion, will try to dirty this post, change the post header/title, maybe push the post down by filling the board with rubbish, or unite and reinforce each others posts by recommending that same rubbish. The same thing they always do when investors bring their concerns to the board.

You'll know who I mean, they'll all be along shortly".

[laptop15] 28/5/2020 12:08

Few chunky buys coming in...I wonder is the 10 MILLION BUYER our new INSTITUTIONAL INVESTOR??

[demonboy] 28/5/2020 09:25

If you compare 1 wagon in the lorry on their Twitter, imagine 42 of them.

[carla1] 28/5/2020 09:02

Good morning fellow investors Some nice updates lately and today This should move up rather nicely in the next 8 weeks

[edjge2] 27/5/2020 21:32

chinese diamond firm were renegotiating deal after local gov took it off them so shenanigans with that probably delaying anouncement along with pandemic viral issues.

FLU jab here actually contains cobid19 virus so avoid that at all costs.. Flu jab for italians contained it too ensuring the oldies high death rate ove there.

[yorgi] 27/5/2020 15:22

Baita Plai is what’s important now Asif and with production now only weeks away the present market will look far too low IMO.

I am only looking at the diamonds as a bonus which is anyone’s guess when that might the go ahead.

[asif12] 27/5/2020 13:23

so where is the bloody diamond deal? come on - hurry up.

[ianio5691] 27/5/2020 11:43

Also

5 seconds in to the latest video, there is a very shiny brand new Loader truck parked near the entrance…

Is that one of the elusive Loaders bought and intended for Manaila a couple of years ago?

[ianio5691] 27/5/2020 11:38

You can get a good view of the facilities on Google earth. The images were updated in March 2020, so bang up to date.

You can get a good scale on where all the money has gone - it's not a cheap undertaking to re-commission a mine!

This is starting to look epic!

[nasarsaddique] 27/5/2020 11:25

Welcome Skypr

[laptop15] 27/5/2020 10:54

https://twitter.com/laptop1515/status/1265578041952153608?s=19