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VAST Vast Resources Plc

0.0675
0.00 (0.00%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vast Resources Plc LSE:VAST London Ordinary Share GB00BQ7WTT20 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.0675 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
0.065 0.07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Nonmtl Minrl Svcs, Ex Fuels USD 2.03M USD -14.65M USD -0.0081 -0.09 1.22M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.0675 GBX

Vast Resources (VAST) Latest News

Vast Resources News

Date Time Source Headline
14/11/202411:00UKREGCorporate Update
07/11/202407:00UKREGIssue of Shares in Lieu of Fees
31/10/202407:00UKREGFinal Results
30/10/202407:00UKREGFormer Hanes Gold Mine Update
21/10/202406:00UKREGQ2 2024 Production update and Operational updates
16/10/202413:25ALNCNewsIN BRIEF: Vast Resources raises GBP750,000 via placing of shares
14/10/202406:00UKREGPlacing to raise £750,000
10/10/202406:00UKREGCorporate Update
07/10/202406:00UKREGFunding Update
27/9/202406:00UKREGHolding(s) in Company

Vast Resources (VAST) Discussions and Chat

Vast Resources Forums and Chat

Date Time Title Posts
21/11/202423:03the other thread is for trolls37,126
21/11/202411:07Vast Resources - Expanding Horizons into Europe. 25,812
01/11/202407:49VAST - Graph only214
31/10/202420:38VAST action group127
16/10/202418:39WILL VAST RESOURCES BE THE BIGGEST MULTI BAGGER TOMORO OF ALL TIME?19,872

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Vast Resources (VAST) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-11-21 16:26:390.073,591,3802,496.01O
2024-11-21 16:23:550.071,505,9141,005.95O
2024-11-21 16:19:390.076,407,2004,485.04O
2024-11-21 16:09:390.07510,000349.35O
2024-11-21 15:32:570.074,9713.48O

Vast Resources (VAST) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Vast Resources Daily Update
Vast Resources Plc is listed in the Nonmtl Minrl Svcs, Ex Fuels sector of the London Stock Exchange with ticker VAST. The last closing price for Vast Resources was 0.07p.
Vast Resources currently has 1,810,000,000 shares in issue. The market capitalisation of Vast Resources is £1,267,000.
Vast Resources has a price to earnings ratio (PE ratio) of -0.09.
This morning VAST shares opened at 0.07p
Posted at 20/11/2024 21:33 by emrysiorweth
Government Agrees to Hand Over 129,400 Carats of Diamonds in a Legal Settlement

October 16, 2024

editor

Business Correspondent

Zimbabwe’s government has approved a settlement agreement to resolve the long-standing dispute over 129,400 carats of diamonds belonging to Vast Resources, a London Stock Exchange-listed mining company.

The diamonds have been held at the Reserve Bank of Zimbabwe (RBZ) for over a decade, following claims that Vast exploited them on claims previously owned by De Beers, which left the diamond fields in 2006.

After a legal deadlock, the Supreme Court ruled in favor of Vast, and the Attorney-GeneralR17;s Office in Zimbabwe has now approved the terms of the settlement agreement.

Vast has agreed to withdraw legal challenges and sign a new mining agreement with the Ministry of Mines and Mining Development.

Key Points of the Settlement Agreement:

Withdrawal of Legal Challenges: Vast will withdraw its appeal in exchange for the return of the diamonds.

New Mining Agreement: Vast will sign a new mining agreement with the Ministry of Mines and Mining Development.

Return of Diamonds: The RBZ will return the 129,400 carats of diamonds to Vast.

Vast Resources’ CEO, Andrew Prelea, has expressed appreciation for President Emmerson Mnangagwa’s administration’;s commitment to resolving legacy issues.

The company plans to sell the diamonds through a tender process and refocus its attention on other opportunities in Zimbabwe.

Zim GBC News©2024
Posted at 20/11/2024 14:32 by g2theary
Not even banking on this for the short term rise ...Government Agrees to Hand Over 129,400 Carats of Diamonds in a Legal SettlementOctober 16, 2024 editorBusiness CorrespondentZimbabwe's government has approved a settlement agreement to resolve the long-standing dispute over 129,400 carats of diamonds belonging to Vast Resources, a London Stock Exchange-listed mining company.The diamonds have been held at the Reserve Bank of Zimbabwe (RBZ) for over a decade, following claims that Vast exploited them on claims previously owned by De Beers, which left the diamond fields in 2006.After a legal deadlock, the Supreme Court ruled in favor of Vast, and the Attorney-General's Office in Zimbabwe has now approved the terms of the settlement agreement.Vast has agreed to withdraw legal challenges and sign a new mining agreement with the Ministry of Mines and Mining Development.Key Points of the Settlement Agreement:Withdrawal of Legal Challenges: Vast will withdraw its appeal in exchange for the return of the diamonds.New Mining Agreement: Vast will sign a new mining agreement with the Ministry of Mines and Mining Development.Return of Diamonds: The RBZ will return the 129,400 carats of diamonds to Vast.Vast Resources' CEO, Andrew Prelea, has expressed appreciation for President Emmerson Mnangagwa's administration's commitment to resolving legacy issues.The company plans to sell the diamonds through a tender process and refocus its attention on other opportunities in Zimbabwe.Zim GBC News©2024
Posted at 19/11/2024 13:36 by gold finger 1
So let us go back to the manipulation of price that is going on here.
Yesterday there were 15m more sells showing. So the share price was dropped 6%.
today they show as of now 50m more buys. yet the share price is flat.
Now these numbers are not made up by me. They are numbers given as best as can be, given by the market, that sets the Sp price from them.

Now i am sure the troll can come up with some kind of spin.
But when you have numbers put in front of you, and its clear what is a buy and what is a sell. Unless they are lying about the price, that is all we can go on. So they are manipulating the share price one way or the other.
Posted at 19/11/2024 10:27 by harps01
Don't know why I bother checking share price as we all know the outcome without any positive RNS. Well anyway 15% down on the week 30% down for the month. Well looks like market is factoring in next consolidation and subsequent drop in share price Leaving very little room for manoeuvre to raise funds going forward. Hopefully their joint venture talks are going better than their finance talks to date. Believe joint venture best move going forward as unfortunately Vast BoD have been unsuccessful in breaking even on their plans to date based upon mining at BP. Hopefully with some new board members they may see the error of their ways.
Posted at 15/11/2024 12:42 by bill hickman
We can't get away from it VAST has been a disaster. Some of it's own making and some things they didn't have full control over.

Looking at where we are today, disastrous share price but I think the share price is far too low now so I have added some more today.

No more bad news please Andrew. Get those sleeves rolled up and get things sorted ASAP.
Posted at 13/11/2024 08:07 by gold finger 1
Its interesting that vast always say. Vast Resources is focused on the advancement of our assets in Romania, Zimbabwe and Tajikistan.
Yet to my knowledge, they have no asset in Zimbabwe. Ap has never given up on getting that Zimbabwe asset returned.

So its been over a month since we were advised by RNS of this.

10 October 2024

Vast Resources plc(‘Vast̵7; or the ‘Company’;)

Corporate Update

Vast Resources plc, the AIM-listed mining company, wishes to announce with respect to its announcement released on 23 September 2024, that the Attorney-GeneralR17;s Office has approved the terms of a settlement agreement relating to the Historic Claim and has recommended this to the relevant Governmental Institution for signature in order to resolve this longstanding matter. Accordingly, the fully executed settlement agreement is currently awaited to enable the Company to complete the process of recovery. Shareholders will be advised of further developments, but Shareholders are also reminded that whilst the Board remains confident, there can be no guarantee of a successful outcome.
I doubt anyone can give a time frame, when this will be complete. Governments move at there own pace. Slow.
Posted at 13/11/2024 07:55 by purchaseatthetop
7 November 2024

Vast Resources plc(‘Vast̵7; or the ‘Company’;)

Issue of Shares in Lieu of Fees

Vast Resources plc, the AIM-listed mining company, announces that it has agreed to issue new ordinary shares in the Company in lieu of fees to its broker, allowing cash resources to be deployed to the Company’s operations and also ensuring that professional advisers remain aligned to Vast’s corporate success. As a result, 50,000,000 ordinary shares of 0.1p in the Company (‘Ordinary Shares’) at a price of 0.1p per Ordinary Share (the Issue Shares) will be issued to the Company’s broker.

They remained aligned to the success for less than six days.
Posted at 04/11/2024 15:52 by gold finger 1
Oilisgold.

You sat you dont trust AP. Yet who has spent the time to get these diamonds back. Along with spending years trying to get finance. He has also got over the the last 12 months, JVs to bring in money, for free. He has also got a mine up and running. As for vast being in the same situation as the majority of AIM companies. Vast have been able to get placings away for one reason, and one reason only. They had a very good asset in BP. If they had not had this asset, that the CEO and the other managers have worked on they would have gone the same way as all the shares DOG has recommended on here over the years. Remember he lost a great deal of money here many years ago. He blames everyone but himself for his loss. At the same time he wants everyone invested to lose like he did. Why do you think he has spent all these years posting lies about vast. But now vast also have a few other lines of income added to their bow now also. Anyone that thinks AP, who has invested over 5m of his own money into vast. Has not been working hard to get the company, to where he wants to get it, is deluded. Over the last coming up to five years. While he has been working to get BP up and running. He has had covid restrictions to contend too. banks wasting his time, regarding finance. While at the same time having a war going on, on the doorstep. Yet he has kept going, while growing vast. All this in countries that are not seen as favourable Jurisdiction. Hence the reason why its been very difficult to get good finance. The war will soon be over, while imo the jurisdictions will become more favourable, over time. Yes it been very painful for PIs over the years. But they have good management here. Good assets, and very little debt. Anyone buying in at this level will do very well, imo. Why do you think there has been a very big buyer in the background. May be they are mad, or very clever. But one thing is for sure they will know a lot more than any of us whats going on.
Posted at 04/11/2024 10:58 by harps01
Was just the positive update from AP when announcing the news of proposed consolidation. What a load of ....

'· Whilst it is appreciated that there has been a considerable period of time since the delivery of the historic parcel was first expected, the Company has good reason to believe that finalisation of the delivery of the parcel can still be finalised in the close future.' - Well it's been over 8 months and still waiting. Well we've waited over 10 years so what's a few more months/years...


'· Good progress is being made on independent assays of the platinum concentrate for the benefit of the buyer pursuant to the Platinum Group Metals Agreement announced on 22 January 2024 with a Swiss investment company, which if the results are confirmed as expected, could result in a first sale by the end of the month thus immediately generating revenue from the arrangement.' On the back burner now as its not going to generate sales imminently, well it's done nothing but help with consolidation and subsequent placements.


'· Subject to the completion of the first sale under the Platinum Group Metals Agreement the owner of the Swiss investment Company owning the high grade PGM concentrate has indicated a firm interest in providing major restructuring finance to the Company, partly through debt and partly through equity to be issued at a higher price than the current share price.' Well no sales but wait stop the press no longer a requirement. Oh wait, where's the money oh wait not going to pay a premium, oh shucks let's move on, oh wait we can just talk about diamonds again...


'· As foreshadowed in the Company's announcement of 7 February 2024, productivity at Baita Plai has now started to increase. The Company has also successfully implemented a Baita Plai cost reduction programme.' Yes very successful in reducing labour force, especially as a good percentage wasn't working anyway. Productivity increased? I think you will find it reduced and with staff reductions it was never going to increase.

Rampers sung about these great updates which so far have failed to materialise. Think the majority called it right and sold out at the time as we're back at pre-consolidation share price Three placements made so expect success for AP
Posted at 03/11/2024 11:44 by gold finger 1
Look at the charts. they dont make good reading. At the same time look back at the progress that has been made over the last 4 years. As the naysayers will say look at the dilution, that has happened in this time. But that is a good reason to buy now imo. Why do you think the share price is so low. But that dilution is good for you, as you would be buying in after all this dilution, and gaining all the progress that has been happening, over the last 4 years. Not many companies get anywhere near to production.
That was a big negative for the naysayers back in history, They loved telling people vast would not get the production licence, they did, they would not get to production. They did. But every target that vast set, they said they would not achieve it. but they have. Even up to a few week ago they were claiming vast would not get the 5 year production licence increased. Even when they announced it had been granted, they tried to say it not been granted to vast. The $12m + diamonds have been said for the last 20 months, that they dont exist. So makeup your own mind. The info is all in the RNSs.
Vast do have debt at this moment of about £7m. Yes that is all, for a company that has a mine up and running, A production plant,up and running. Along with paying for a drilling campaign that has been going on over the last 18 months. This was done to get the 5 year extension licence, Also to firm up the drilling to add reserves for a Jorc compliant resource. They also hold other assets that are also very near term assets. But like good management, they are conserving money, so are concentrating on the near term cash generating assets. But dont forget that £7m debt. Also that dilution. But also dont forget the possibility of of getting those $12m+ diamonds. finally getting a finance package. Along with those drilling results. Not sure why we have not heard any of those assays results yet. But as they needed them to get the 5 year licence extension, and the fact they got it. Must mean they were good.
I am just giving anyone a short look at what been going on here. I am nottrying to get anyone to buy. I will now leave it to the naysays to try and convince you not to buy.
Vast Resources share price data is direct from the London Stock Exchange

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