Share Name Share Symbol Market Type Share ISIN Share Description
Vast Resources Plc LSE:VAST London Ordinary Share GB00B142P698 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 0.27 0.00 07:34:51
Bid Price Offer Price High Price Low Price Open Price
0.26 0.28 0.00 0.00 0.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 21.90 -8.33 -0.26 25
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.00 GBX

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Vast Resources (VAST) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2019-12-11 17:03:320.28117,327328.52O
2019-12-11 16:38:010.28117,327328.52O
2019-12-11 16:30:480.274,000,00010,620.00O
2019-12-11 16:28:170.272,000,0005,310.00O
2019-12-11 16:02:100.2730,56380.99O
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Vast Resources (VAST) Top Chat Posts

Vast Resources Daily Update: Vast Resources Plc is listed in the Mining sector of the London Stock Exchange with ticker VAST. The last closing price for Vast Resources was 0.27p.
Vast Resources Plc has a 4 week average price of 0.27p and a 12 week average price of 0.11p.
The 1 year high share price is 0.53p while the 1 year low share price is currently 0.09p.
There are currently 9,316,489,389 shares in issue and the average daily traded volume is 218,784,819 shares. The market capitalisation of Vast Resources Plc is £25,154,521.35.
jaknife: Stoneme, I suggest that you go back and read through the RNSs for the previous death spiral convertibles that VAST has entered into. This bent management team have a track record of leading investors astray, promising one thing but then delivering something else. There will be a blizzard of confetti from the shares that will be issued under this death spiral. Shareholders will be materially diluted. And the share price wi crash down to 0.1p eventually. If you didn’t learn from the last time that management did this then you will learn from this time! JakNife
jaknife: ———;——̵2;——R12;——212;———————————;——̵2; In the event the Company does not cash settle when a conversion right is exercised, the Bonds which are eligible for conversion, together with any accrued but unpaid interest, shall be convertible at their par value into free trading ordinary shares of the Company (“Ordinary Shares”) at a fixed price of 0.24p/share (a 20 per cent premium to the share price at which the most recent equity raise was carried out) or at a price per Ordinary Share equal to 90 per cent of the Volume Weighted Average Price of the Ordinary Shares on each of the previous 20 trading days. If the Election is not made, Atlas is restricted, subject to certain conditions, in exercising its conversion rights following the end of the non-conversion period to the exercise of up to a maximum of 10 per cent of the nominal value of the Bonds outstanding at the end of the non-conversion period in each month. ———;——̵2;——R12;——212;———————————;——̵2; Billions of shares are going to be issued and the share price that they’re issued at will be the lower of .24p or 90% of the recent share price. But it’s worse than that as the bond itself is issued at a 10% discount and so it’s basically the lower of about .215p or 80% of the recent share price. The death spiral provider can dump these shares and make a 20% profit minimum every time. They will keep on dumping for so long as they have cheap shares to sell which is forever as they can always buy at a 20% discount. JakNife
computercoders: "International travel commitments"? Can't take long to reschedule and get the signing done. I'm happy that they RNSed this. It'a good to keep us updated although the delay is obviously not ideal. Nothing has changed and VAST share price was much higher the other day. O think anyone selling at this price is a bit thick. Just saying
jammydodger1: On 26 September AIM-listed Vast Resources (VAST) released an update on its Chiadzwa Community Diamond Concession in Zimbabwe. The market reacted very positively, marking the shares up from 0.118p the previous close to end the day at 0.2p and the rise has continued to the current 0.345p. In addition, a subscription at 0.2p was announced alongside news of a finance facility worth $13.5 million which was due to be signed last week....except it hasn't as yet. Oh dear – on the principle that bad news is always delayed I am a little nervous of the recent share price strength already.But this finance facility clearly has a few clauses which could potentially worry investors as we are told that:The Company also announces that it expects signing binding documentation for a finance facility of US$13,500,000 (net) later this week, at which point a further announcement will be made including the material terms of the facility and the status of the existing Mercuria funding and other initiatives as previously announced.Of course, that was last week and this morning we were told that the process is being finalised. So, like Lansdown and Providence, I wonder if the paperwork (as opposed to the cheque) is "in the post". But what of these material terms of the facility? Is it yet another death spiral? Who is it with? Is the facility related to the subscription? We simply don't know.And whilst it is reassuring to know that the subscription raised £1.8 million before costs (and what were the costs?), we were also told that: The cash raised from the Subscription, which includes payment for expenditure already incurred....So what is the state of Vast's balance sheet? After all, the Mercuria facility of $4 million was supposed to have been paid off by a loan from a Swiss bank, as announced back in April. Now we are told that a further announcement will be made including....the status of the existing Mercuria funding.And whilst we wait for details of the funding facility, we might note that in relation to the Chiadzwa project we were told on 26 September that:A further Joint Venture Agreement between Katanga and the Zimbabwe Consolidated Diamond Company (Pvt) Ltd ("ZCDC"), a government entity which represents the Republic of Zimbabwe in the diamond mining sector, is set to be officially signed during the first week of OctoberWell, it is now 8th October so the first week of October has now passed – and there is no news on that, which also leaves news on the following outstanding.Details of the Chiadzwa JV will be announced at the same time as the announcement of the ZCDC JV to which it is linked.Maybe this is the beginning of great times for the company, but it has an unfortunate funding history and I am just a little bit wary.Be careful out there!
johncasey: RE: SVS short on VastToday 18:07 Looks like SVS went out business this month - here the some bad review for this company; no doubt these crooks were shorting the market and lending shares out like hoodless aka beaufort...could go bust very soon and good riddance but all contrived no doubt TopGun333 Premium Member Posts: 2,032 Price: 0.215 No Opinion SVS short on VastToday 17:04 There is speculation online that a broker called SVS that went bump last month had gone heavily short on Vast by borrowing shares from a MM. If that is the case the MM will have to buy back the shares from the open market. That could lift the share price further with a short squeeze effect.
johncasey: how re rates work 1 watch share price increase 2 it gets to a price you think you should sell but talk yourself out of it 3 share price increases more you congratulate yourself on how good you are at share trading 4 it then turns as proper traders bank profits and it goes down to slightly less than your first target 5 you panic and sell at a good profit 6 the share price moves on to even higher levels 7 you dont buy back in as you believe its gone too high 8 it carries on higher 9 youve made money but your life is ruined by the one that got away 10 you spend the rest of your trading life chasing the one that got away 11 you end up penniless bitter and twisted 12 you die the end
1rodson: This was almost 4 years ago what happen to make it all down hill from then. What happened with the Mecurial deal? Vast had 3 billion tonnes at Magura Neagra, 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. Then in 2016 it was stated that the infrastructure for Carlibaba, Baita Plai and Manaila would 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. WELL WHY IS NOT SO NOW? OWHAT IS REALLY GOING ON HERE? WHY HAS THE share price CRASHED DOWN TO TODAY's LOWS? Is there really any need for a wine loving ancient geriatric to be serving as the Chair when this dawg obviously needs dynamic leadership!
footloose2: Green richard Did you ever buy back the half of your shares you said you had back in September? Or are you still waiting for the share price to fall some more? I hope you in fact sold the lot as you have no faith in AP or the company by the sound of your posts. I am sure you being the expert you are you would have made a tidy profit.But keep posting as i am sure we could all learn from your frank opinions and knowledge. When you buy shares in AIM, do you just stick a pin in the share list to pick your share? I would be interested to learn from someone like you, as looking at fundamentals and trusting what a CEO is something you seem to frown on doing. I do agree with you that 90% of AIM CEO's lie and are just in it to make them self money.I have come across many over time. But i don't see this in AP,he seems to be a tireless worker,has plenty of skin in the company, and is doing what he said he would do. The only thing missing here at the moment is the rise in the share price You have to remember it was not him that said the share price would be 1p+ after the licence dropped. He probable had an idea that the market would not put the added value to the share price until it was closer to coming on to production. Also the fact that Zim and Rom seem to be opening up to companies has meant he has suddenly got a lot more balls to jiggle with and the market want to see how he jiggles them. Time will tell here, there are risks, but with a Market cap of 30m this could be the beginnings of him getting this to a mid tier company.
footloose2: Well its hard to say if those were buys or sells. But does it matter either way. If they were sells well good thats most of the placeing shares gone in two sells. People saying the Q3 update will be bad because its late. I do wonder sometimes where there logic comes from. They say if they were good then it would have meant they would have been released and they would have got the placing away at a higher price, really? Maybe AP could have released them just before he paid 0.6p a share in the placing two weeks ago.If he had released them before the placing the share price would have still have dropped but with those that had bought them selling anyway. For me they will now be released most likely monday or some time next week. IMO they will be good to get the share price back up to around the 0.6p level. Does anyone (apart from the AP haters) really think that he has held them back so he could throw so more bad news at the share price just after a placing? Lets face facts, money was needed here. Money has now been brought in.Its a fact that that is the reason this share price has been held back. Now that is sorted all the news that has been released over the last few months can start to be priced in. Also all the news that has been held back can be released. IMO the share price will not be in the 0.5p range come the end of next week.
laptop15: Geez that's about time guys!! Hopefully vast share price can start to recover now :)) if a placing is done they at least do it at a higher share price altogether!Life begins again for us shareholders :))
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