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Share Name Share Symbol Market Type Share ISIN Share Description
Vast Resources Plc LSE:VAST London Ordinary Share GB00BMD68046 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.025 -3.13% 0.775 22,106,665 09:30:28
Bid Price Offer Price High Price Low Price Open Price
0.75 0.80 0.80 0.775 0.80
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.65 -5.60 -0.04 11
Last Trade Time Trade Type Trade Size Trade Price Currency
12:33:54 O 352,883 0.795 GBX

Vast Resources (VAST) Latest News

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Vast Resources (VAST) Discussions and Chat

Vast Resources (VAST) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:33:550.80352,8832,805.42O
11:33:270.781,381,90410,841.04O
11:32:340.80391,1633,114.44O
11:30:070.80349,7162,784.44O
11:08:500.8061,243488.05O
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Vast Resources (VAST) Top Chat Posts

DateSubject
29/6/2022
09:20
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 0.80p.
Vast Resources Plc has a 4 week average price of 0.58p and a 12 week average price of 0.21p.
The 1 year high share price is 8p while the 1 year low share price is currently 0.21p.
There are currently 1,465,643,324 shares in issue and the average daily traded volume is 126,989,798 shares. The market capitalisation of Vast Resources Plc is £11,358,735.76.
26/6/2022
18:12
redflag2023: The company are committed to proving up vast share price to reflect what they feel is fair value and that's 3-5p Ceo said he feels shareholders at 8p will get their money back so that's 10p he thinks possible Lots to come exciting 12 weeks ahead
26/6/2022
15:13
redflag2023: Vast with Manaila and Baltai Plai and 2 current Tajikistan ventures in Romania That's 2 mines with 5 to 8Mt potential to be proved up And 12.2 per cent for two 12 year tailings I say 250million buy out And a vast share price sell of around 17-20p
17/6/2022
08:49
gold finger 1: Irpy You have your opinion, but you are so wrong. So people would prefer Atlas to hold on to those shares until news is out and they can sell higher. You do realise that mr market will know exactly how many share Atlas have to sell. The longer they hold onto them the pressure is always there on the share price The higher the share price the longer it would take for those shares to be moved on. So for you if Atlas were to hold on for 10p, if they sold today at say 0.65p, they would have to sell 15 shares to get that 10p. Maybe its me, but i would like them out, as fast as possible. And the fastest way is for them to get a little as possible for each share. How long do you think the share price would stay at 10p, if atlas had 100m shares to sell into the market. It would not make any difference what news would come out. the price would still drop, with that overhang. This is not just my opinion, its a fact.
17/6/2022
08:16
irpy: Just wondering what will get higher today, the ambient Sea level temperature or the VAST share price. Am strapped on and buckled up just in case!!! DYOR etc 🌡️27777;️ӽ77;️🌡️🌡5039;🌡ᥧ9;🌡️🌡️ 7777;️㇩7;️🌡️🌡A039;🌡️;🌡️ 🚀🚀🚀🚀 8640;🚀Ԇ40;🚀🚀;🚀🚀🚀🚀28640;
15/6/2022
12:27
gold finger 1: I see the fully diluted share are now on the market, and the Market cap is now £9m. Debt falling,very low debt at that. new machinery, A 100% owned asset up and running, About to go into overdrive. Money in the bank, and two other assets, in Tajikistan about to start adding to the bottom line. Then Manaila at some point will get a JV to open that up again. BP and Manaila both together are worth in excess of $200m alone. So Market cap of £9m, At least £1m in cash, and assets worth in excess of $200m. If people cant see the facts two inches from their face, that is their problem. What they or should i just say he, posts, has no effect now on the share price The share price will continue to drop for a while longer, because Atlas are selling. I will buy a lot more at the time and price i decide. Anyone that wants to sell, there are people out there who are more than willing to take them off your hands. Those that don't believe, dont buy. It's that simple.
14/6/2022
18:29
gold finger 1: I am sounding like Oliver now, more. Its first Mantis CMR4 production drilling rig successfully completed underground drill testing Vast Resources PLC - Vast Resources PLC (AIM:VAST) said it expects to see a significant increase in production at its Baita Plai polymetallic mine in Romania from the end of the second quarter. The AIM-listed miner said the first of two Mantis CMR4 production drilling rigs successfully completed functional drill testing underground and that a second Mantis rig is expected in the next week. “With the two new Mantis drills and the transition to mechanised mining, together with the implementation of long hole stope mining, significantly increased production output is expected from the end of Q2 onwards,” the company said. Using the Mantis rig will improve drilling efficiency by up to 3.5 times, with a reduction of labour at the drilling face allowing additional faces to be worked. Vast also said that drilling with a Doofor DF530S hydraulic drifter resulted in penetration rates of up to 1.05 metres per minute, outperforming the typical 0.3 metres per minute of standard pneumatic rock drills. “Our planned ramp up at Baita Plai is now on course,” said chief executive Andrew Prelea. “The implementation of long hole stope mining is expected to deliver a significant increase in production volumes, and together with our additional operational improvements, including the introduction of molybdenum flotation circuit, Vast is in a strong position to lift production, output and revenues from the end of Q2 and into Q3.” Prelea expects to provide further operational updates in coming weeks as additional elements of Vast’s mechanisation and optimisation plan at Baita Plai are rolled out.
14/6/2022
18:27
gold finger 1: Yet more Vast will receive a 12.25% royalty on all sales of non-ferrous concentrate Vast Resources PLC - Vast Resources PLC (AIM:VAST) has joined a consortium with local company Takob in a new but unnamed project in Tajikistan. The interest in the project was acquired by Central Asia Investments, in which Vast has a 49% interest of a 50% interest in Central Asia Minerals and Metals Ore Trading (CAMM). CAMM has an agreement with Takob for the mine to produce approximately 7,000 tonnes per month of ore containing no less than 1.5%-2% lead, 1.2%-1.4% zinc and 27% fluoride. Historically, the mine also contained silver and gold in small quantities. Vast will receive a 12.25% royalty on all sales of non-ferrous concentrate and any other metals produced at Takob’s operating fluoride and galena mine in Tajikistan. Takob is a wholly-owned subsidiary of TALCO, the country’s largest group of companies. Andrew Prelea, Vast Resources’ chief executive, said: “His Excellency Emomali Rahmon, President of the Republic of Tajikistan Rahmon declared that the years 2022 to 2026 would be the years of industrial development for Tajikistan and further declared acceleration of industrialisation to be a national strategic goal. “The Tajikistan government has demonstrated its efficiency and willingness to attract foreign direct investment in industrial projects and in particular in the mining sector. “I have no doubt that the success of our project will attract further foreign investment in the country.” Prelea also reported that Vast’s revenue increased by 236% to US$2.3mln in the first quarter of 2022. The Baita Plai mine in Romania focused on copper production in Q1 2022, with 224 dry metric tonnes and 263 wet metric tonnes sold. The second quarter will see a fundamental change in the way the underground mine operates, with a move to mechanised drilling and cleaning. This is forecast to result in substantially increased production of copper concentrate, commencing in June 2022, which "will be reflected in results from Q3 2022 onwards", said the statement.
14/6/2022
18:25
gold finger 1: and more. Vast Resources signs agreement to process tailings from Takob mine in Tajikistan The agreement is a separate and additional project to the Takob joint venture project announced by Vast on May 3 Vast Resources PLC - Vast Resources PLC (AIM:VAST) said it entered into an agreement with Open Joint Stock Company “Talco” to process the tailings produced at Takob mine in Tajikistan. The agreement is a separate and additional project to the Takob joint venture project announced by AIM-traded Vast on May 3.
14/6/2022
18:20
gold finger 1: Just a reminder. “We are encouraged by the ongoing mining and development work over the past few month," Shore Capital said. Vast Resources PLC - Vast Resources refinancing is a major catalyst - broker The refinancing of Vast Resources PLC (AIM:VAST) outstanding bonds is a major catalyst for the company, house broker Shore Capital said in a note. Vast today announced it had repaid in full the outstanding bonds owed to Atlas Special Opportunities LLC following a subscription and placing which means Atlas no longer has any conversion or any right to call for the issue of Vast ordinary shares, removing share dilution concerns. Chief executive Andrew Prelea described it as a definitive turning point and said he believes it should restore fair value to the share price. “Refinancing of the outstanding bonds with Atlas is a major catalyst for the company, in our view,” Shore Capital analyst Sheldon Modeland said in a note. “With the convertible loan now fully repaid the company can focus on its optimisation plans for Baita Plai. “We are encouraged by the ongoing mining and development work over the past few months as well as the potential for additional revenue with commissioning of a second mill circuit and a new molybdenum line. “We look forward to further updates as the mine continues with its ramp up production.” In Vast’s statement, the company also noted that it had also undertaken to pay back US$1.0mln of debt owed to Mercuria Energy Trading SA and plans to repay the entire debt owed to Mercuria on or before May 15, 2023. Vast has secured a US$4.0mln asset-backed debt facility from A&T Investments SARL, arranged by Swiss investment bank Alpha Credit SA, and raised a total £3.24mln before costs through a conditional subscription and placing of about 463mln new shares at 0.7 pence each. The funds raised from the subscription and placing will be used to settle the balance of debt to Atlas over US$4.0mln and the agreed debt reduction commitment to Mercuria as well as to support the continued optimisation of Vast’s Baita Plai polymetallic mine in Romania.
11/6/2022
12:00
gold finger 1: here is one very good reason, Vast are owed compensation. Vast Resources sells gold assets to focus on new Zimbabwe diamond investment By newZWire -April 10, 2019 Zimbabwe mining investment Pickstone Mine: Padenga looks beyond croc skins With the uncertainty over its licence to mine for diamonds in Zimbabwe now cleared, Vast Resources is putting all its eggs into the diamond basket and bailing out of gold. Vast Resources, which is listed in London, has announced that it has agreed on the sale of its gold interests in Zimbabwe so that it can focus on its new diamond concession at Chiadzwa. A contract of sale has been agreed for its 50.1% holding in Ronquil Enterprise, which houses the stakes in Pickstone Peerless, near Chegutu, and in Eureka Gold Mine in Guruve. In the six months to September, Pickstone Peerless made a profit of US$3.13 million on sales of US$19.3 million. Vast said the transaction reduces other loan and liabilities on its balance sheet by nearly US$38 million to US$10.5 million vs US$48.3 million. Through the sale, a US$3.4 million loan to Sub-Sahara Goldia Investments (SSGI) is largely repaid and this gives it the ability to raise finance from other parties, said Vast. Following the disposal, Vast will focus on the Heritage diamond concession in Zimbabwe. Andrew Prelea, Vast’s chief executive, said: “The Heritage Concession will require significant investment, not only financial but in human resource to enable near term positive cash flow for the business. “The divesting of the gold assets in Zimbabwe allows us to focus all of our Zimbabwe finance and management on this key component of the company’s growth.” Vast is one of the firms that, under Zimbabwe’s diamond policy, is allowed to operate in the Chiadzwa area. In 2018, Vast signed a deal with Red Mercury, a company run by the Marange-Zimunya community trust, for the exploration of a 15 km² concession. Vast is changing direction just a year after Dallaglio Investments, in which Vast held an interest, bought 95% of Eureka, which had been closed down for close to a decade. Production at the mine is expected to start in 2019. So Vast were led to believe the deal was going through, so with that understanding they sold provitable assets.
Vast Resources share price data is direct from the London Stock Exchange
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