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
  0.0086 5.06% 0.1786 189,333,720 16:35:21
Bid Price Offer Price High Price Low Price Open Price
0.17 0.18 0.175 0.1675 0.1675
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -6.70 -0.06 22
Last Trade Time Trade Type Trade Size Trade Price Currency
17:07:49 O 3,300,000 0.1786 GBX

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Date Time Title Posts
26/11/202011:34Vast Resources - Expanding Horizons into Europe. 15,356
07/11/202007:54VAST NEW BULL RUN 22
26/10/202012:07VAST - Graph only129

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Vast Resources (VAST) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-11-27 17:07:490.183,300,0005,893.80O
2020-11-27 16:36:380.1720,000,00034,680.00O
2020-11-27 16:35:210.1827,40048.94UT
2020-11-27 16:24:280.18502,275894.05O
2020-11-27 16:23:040.18557,306992.00O
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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 0.17p.
Vast Resources Plc has a 4 week average price of 0.16p and a 12 week average price of 0.16p.
The 1 year high share price is 0.42p while the 1 year low share price is currently 0.13p.
There are currently 12,214,461,667 shares in issue and the average daily traded volume is 188,717,843 shares. The market capitalisation of Vast Resources Plc is £21,815,028.54.
gold finger 1: I know AP has had to dilute here to get to where they are today. But what he never did was give warrants out. They are the killer,one warrant for one share.That is what can kill a PI. Also look at the junior mining sector over the last 8 months, gone through the roof. This has not moved in that time Why. Simple reason placings. But those placings have got the mine refurbed and up and running. But no value had been added to the share price In my opinion there is so much value that has been added to the BP project,but not reflected in the price one bit. I know the trolls will say bla bla bla, but they are just trolls,just look at the facts. I will never tell anyone to buy,i just point out the facts as i see them. Also the market will see them sooner or later.I don't care if anybody that reads this bb buys or sells.I don't care what the trolls call me.I am here because i can see that Vast is so undervalued. This is a Vast bb, to discuss Vast the company. Trolls are here to disrupt. It's easy to find fault with anything.Or just make up some rubbish,we see that every day here, (dodgy). Look at the MSM now, they lie constantly, or should i say the bombard you with their agenda.They try and brain wash you. But it works on some. Anyway i know i will make good money here over time,whatever the naysay may say. If you don't believe, fine its no skin off my nose,but for those that don't believe and say they hold. You really need to ask yourself, do i really know what i am doing. The easy answer to that is NO.
rookie666: Goldfinger it's all very well saying we sold 350 - 400 tons of concentrate. But was is the grade? Without the grade of each batch being known then how is it commercially sensitive? Also, has Mercuria / VAST agreed on a set figure for the concentrate in advance? This is a pertinent question as it would mean that VAST aren't getting the current market price. Not trying to be negative but the lack of information might explain why the share price isn't budging.
ianio5691: The last placing unfortunately fed the market for those buying in anticipation of this news - hence the stagnant share price in the last few weeks. This was not helped by the usual VAST delays. We will not see a significant rise until the stale bulls and traders that bought in on anticipation of the pre-news rise, sell for breakeven to protect their capitol. Given our current MCap, we will not be here for long. We are now a producer, with significant profits due over the next 12 months. We also have a glut of news waiting in the wings to be released. Let the market play its games - its only going one way in the end though - and that's UP!
gold finger 1: This is why the mm's will hold the price down. This taken from LSE. Great news after years of waiting. Great moment. But the share price doesn’t move. Unbelievable. Quite frankly what an anticlimax. Everyone I presume if they are honest is thinking the same. Companies can jump on news they have bought a truck. Vast prudence hundreds of thousands of concentrate ?? and nothing. I wish you all well. I’m out. ------------------------------------- What a stupid person.
rookie666: I agree, no point in moaning about VAST anymore. However, I think the reason people are still negative is due to being deeply underwater. I imagine a lot will cash out the moment their investment brings them back into profit, or at a level of loss that they are comfortable in taking. With any investment you need a stop loss. Don't allow yourself to still be in an investment if it falls below a certain threshold. The only time that doesn't hold true is if you switch on your computer in the morning to find a massive gap down in share price that's come out of 'nowhere'....remember money flows from the impatient to the patient!
rookie666: Considering VAST has tweeted photos of containers loaded with concentrate, shipment must be imminent. But lets say Mercuria do mess VAST around, can VAST look elsewhere? Or is there a contractual agreement in place. Also, how much money does VAST still owe to Mercuria? The Annual report makes mention of $3.9M. How is this repaid? Do Mercuria deduct a portion of the amount payable to VAST on receipt of concentrate?
rookie666: What I've learned about investing is that unless you're highly skilled and can successfully swing trade, patience is this best tactic. I've previously tried chasing shares and then selling them when they go stale or selling before they've achieved their highest price (not that anyone can ever hit this exactly). I used to hold SML (prior to it spiking), GGP, UFO, EUA. What have I got to show for it? Sweet fa! So, with VAST, a company which has definitely now turned a corner, I'm prepared to wait, and wait and wait until BOOM, the share price starts to move. Boring? Yes but the rewards will make it worth it. So if VAST takes another 3 months, or 6 months or longer then I'm prepared to wait out. Hopefully, the holders of the new shares will begin to fatigue and unload on a weekly basis, clearing the excess. So on wards and upwards (or sideways, I don't care!)
gold finger 1: Just how long will it be before there’s a significant re-rating of the shares of Vast Resources PLC (LON:VAST)? Such a question is impossible to provide a definitive answer to, of course, but there are certain signposts in the case of Vast that give a clear indication of the direction of travel. The first is the complex re-financing discussions that continue to make progress, although they’re not over yet. The company has been having constructive talks with its lender, Atlas, and with an international banking institution in regard to the provision of new asset-backed finance, and has recently moved to tidy up certain minority interests relating to its assets in Romania in order to allow the talks to proceed more smoothly. The second, and more significant signpost to a re-rating is the very reason that Atlas felt able to get involved with Vast in the first place: the prospect of significant future cashflow. For some years now, Vast has been a twin-headed company, with a significant portfolio of assets in both Zimbabwe and in Romania. The Zimbabwe assets have been whittled down somewhat, but the key project is now the Chiadzwa Community Concession in the Marange Diamond Fields. This looks to be quite capable of throwing off revenues of over US$13mln per quarter on expenditures of just over US$7mln. Progress in finalizing an agreement on the Chiadzwa Community Concession has been slower than was initially hoped, however, in part because of the chaotic global impact of the coronavirus. Over in Romania, however, the other primary target for the first tranche of the Atlas bonds, is the company’s Baita Plai polymetallic mine, which has been coming on leaps and bounds this year. The market watched with bated breath as key equipment shipments from China made it through to the mine in the spring and summer, even as the rest of the world’s supply chains were shutting down. Since then, that equipment has been installed and commissioned, and the project is now up and running and in production. Next year the company has guided that Baita Plai will generate approximately US$19mln in net revenue giving a surplus of just under US$9.5mln after development costs, and that will be followed by an uplift in 2022, when net revenues will rise to over US$20mln with a surplus after development costs of over US$12mln . Add that projected revenue from Baita Plai to the potential US$50mln-plus annual revenues from the Chiadzwa Community Concession, and the possible asset-backed debt financing facility from the international banking institution, as well as the associated payment terms, begin to make more sense. So, what will happen now? Should a company that’s potentially capable of generating more than US$70mln in revenues per year by the end of 2021 still be valued at just under £25mln? While the negotiations with the international banking institution continue towards their solution, the answer may well be yes. But it’s worth considering what will happen after they’re concluded. One of Vast’s key objectives in the negotiations has been to convince Atlas not to convert its debt into equity, which it has now done, following the signing of a non-conversion agreement in the second week of November. That announcement was accompanied by a hint about the asset-backed financing deal that Vast is pursuing, which in turn will allow it to settle the principle outstanding debt with Atlas by the end of this year. The key question that remains, of course, is how much of a hit shareholders will take when the re-financing negotiations are complete. The hope has to be that with future cashflows from the Chiadzwa Community Concession and Baita Plai looking so healthy, Vast has been able to go into the negotiations with a fairly strong hand. Nevertheless, the tidying up of the minority interests on the Romanian assets does suggest that whatever accommodation is reached will involve the ownership structure there. If still ends up owning a significant or even a major chunk of the Baita Plai revenues, then it’ll be easy to regard that as a win, and the shares will no doubt rise accordingly. By how much will depend on the precise structure of the deal.
gold finger 1: Tue, 10th Nov 2020 12:32 Atlas Special Opportunities LLC Non-Conversion Agreement Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 10 November 2020 Vast Resources plc(‘Vast̵7; or the ‘Company’;) Atlas Special Opportunities LLC Non-Conversion Agreement Vast Resources plc, the AIM-listed mining company, announces that the Company has entered into a non-conversion agreement with Atlas Special Opportunities LLC (‘Atlas’) regarding the Tranche 1 Bonds issued to Atlas, announced on 31 January 2020, under the terms of the Atlas Bond Issuance Deed (‘Bond Issuance Deed’). Under the terms of the Bond Issuance Deed, since 29 July 2020 Atlas has and continues to be entitled to exercise conversion rights. Atlas has informed Vast of its intention to exercise certain conversion rights and in the event that Atlas excercises these conversion rights then under the provisions of the Bond Issuance Deed the Company has the right to cash settle. However, against the background of Vast’s progress on asset backed financing the Company has agreed with Atlas that in consideration of the right to settle the principal outstanding on the Bond Issuance Deed (including a redemption premium calculated to be in accordance with the terms) for certain stage payments and then a fixed sum, by 31 December 2020, Atlas has agreed that it will issue no further conversion notices pursuant to the Bond Issuance Deed prior to 1 January 2021. The agreement does not affect the potential drawdown by the Company of Tranches 2–4 of the Bond issuance Deed for its diamond division in Zimbabwe.
gold finger 1: swinco. Is this the reply you are talking about? Swinsco - 08 Nov 2020 - 13:00:19 - 11162 of 11187 WILL VAST RESOURCES BE THE BIGGEST MULTI BAGGER TOMORO OF ALL TIME? - VAST That would be wrong. It's hard to say exactly what Vast would receive. I believe concentrate would be about 30% / 35% of actual copper price. ( could be a little more) That wouldn't include other products out of that that tonnage, so maybe more again. ---------------------------- SO you don't know, you believe. Now i have gone by what was in the RNS on the 7th Sept. in fact the copper price now has risen since that report went out. But you ignore what price the company say they expect to get because you know better? But you are happy to call me a liar because i quote what the company say they will get.? You are on very shaky ground,i would say.
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