Vast Resources Share Discussion Threads

[gold finger 1] 06/7/2020 12:39

Vast look to have timed the start of production at BP at the right time.
Copper prices rising,while covid 19 is having a dramatic effect on the big miners in south america.

[yorgi] 06/7/2020 12:33

Of course the recent news on Manaila was most welcome as well which would be an added revenue stream as soon as that could be brought back into production but that will be some way off.

[yorgi] 06/7/2020 12:31

What's important that the team at Baita Plai is in production before the end of July and all goes to plan or better and they get some decent revenues flowing.

[gold finger 1] 06/7/2020 12:27

I bought a few more not long ago.
Buys are showing as sells, because the spread is being shown wrong.
All the 0.248 are buys, i know because that is what i paid.

[yorgi] 06/7/2020 12:26

I wouldn't hold your breath for the diamond deal Bill......but you never know !

[gold finger 1] 06/7/2020 12:20

dodge

Well we all have our opinions.
I was in here a few years ago just before Andrew Prelea took charge.
It never went to plan so sold out at a loss.
A few years later and this seems like a very good time to get in.
A market cap of under 30m seems a good price when you think they will start production here this month.
That will be the turning point here. Money will start coming in,instead of going out all the time. Yes they have diluted shareholders to death in the past.But to get were you want to get that is always going to happen.
How much would it have cost to get this mine into production 50m+. How many years would it have taken?
So for me its worth the investment now.
I now have about the same amount of shares as i held before,but at a much reduced price.
So good luck to all holders, and non holders, just buy back in,or just move on.
You will feel much better for it.

[bill hickman] 06/7/2020 11:45

Come on Andrew get that diamond deal done. This week would be good.

[bill hickman] 06/7/2020 11:20

I would like to see it breaking through .3p but will it.

[yorgi] 06/7/2020 11:17

I'm not quite sure about "great" quite yet Carla but it does look like at last we are about to see BP producing at long last and VAST can move forwards with an income stream at long last.

Diamonds as far as I'm concerned I have only ever seen that as a bonus if it does happen.......but welcome none the less 😊

[pointscorer] 06/7/2020 11:17

All buys going through...the offer is .2499. The spread is incorrect, waiting for the tick up ;-)

[carla1] 06/7/2020 11:13

Morning yorgiLooking great here..as I said 0.5 soon and if diamonds drop ..1p plus.Happy days

[dodge_city] 06/7/2020 11:12

Someone on here said it's going to 0.1p.

[bill hickman] 06/7/2020 11:12

About bloody time Yorgi.

[yorgi] 06/7/2020 11:11

Looking strong this morning but only to be expected in my opinion as production at Baitai Plai is getting closer by the day.

[carla1] 06/7/2020 11:11

Looks like it's about to pop.. all the way to 0.5.. if diamonds drop also..1p plus..all aboard

[gold finger 1] 06/7/2020 11:08

nse for the Cârlibaba perimeter The British from Vast Resources obtain the exploitation license for the Cârlibaba perimeter COMPANIES Florentina Dragu written today, 07:52 The British company Vast Resources, the administrator of the Mănăila and Băița Plai polymetallic mines, received the exploitation license for the Cârlibaba perimeter, adjacent to the Mănăila mine, Suceava county. The new license expands the exploitation area of ​​the Mănăila-Cârlibaba project by 410%, from 27.2 hectares to 138.6 hectares. "This would allow the creation of a larger mining and processing facility on site and eliminate the need for expensive transport of minerals to the current processing unit in Iacobeni, located at a distance of about 30 kilometers," according to the company. READ ALSO LAST MINUTE Parliament imposed a 90% tax on suppliers who do not transfer cheaper gas to consumers after liberalization Vast Resources has announced since 2017 that it wants to expand its mining activity in the Cârlibaba perimeter , where it intends to develop a new polymetallic quarry and a related metallurgical processing unit, which will replace the Iacobeni facility and is expected to reduce operating costs. by 25% to 30%. The British estimated then that the expansion of operations will lead to a doubling of production and an increase in the number of employees by about 70 people. Preliminary studies show that there is potential for a new open pit to exploit mineral resources to a depth of 125 meters and, at the same time, for the development of a smaller underground mine below the surface mine. The access to the underground section will be able to be ensured from the open mine from Mănăila, through the construction of access galleries, the company shows now. Cârlibaba is connected to Mănăila through a 2 kilometer underground tunnel. Also near Mănăila, Vast Resources owns two more concessions, namely Piciorul Zimbrului and Măgura Neagră, where the presence of copper and gold deposits was identified. The company is considering new drilling works to confirm and evaluate the deposits, which could be transformed into a new source of ores for the future metallurgical complex. The company also owns 80% of the polymetallic mine in Băița Plai, Bihor County, for which it obtained a license from ANRM at the end of 2018, as well as a 29% stake in the Geamăna-Col59;ii Lazărului perimeter , located near Baia de Arieș and Roșia Montană, in the so-called “golden quadrangle” of the Apuseni Mountains. Commercial production in Băița is expected to start in July, with the first sales of copper concentrate expected in August
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Its all starting to come together here at last.
Don't be talked out of buying in here because of the past performance.
I was in here a few years back,lost money like everyone else.
But bought back in here after the last placing.
If you cant see that this is now cheap,that will be your loss.

[jagzoil] 03/7/2020 15:13

Because he / she is pathetic

[amb123] 03/7/2020 15:00

Hmm you're a bit obsessive about deramping

[y1phr1] 03/7/2020 14:48

And don't be surprised if it dose not

[leewink1] 03/7/2020 14:44

... Still 20 odd % up on the placing, plenty of time to close to dump, don't be surprised if it does ...

[leewink1] 03/7/2020 14:40

Was lol .....

[y1phr1] 03/7/2020 14:30

Back up again

[leewink1] 03/7/2020 10:16

Sell off again today, numbers are better than words here, going to sink fast later for the end of week.