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VAST Vast Resources Plc

0.335
-0.02 (-5.63%)
07 May 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
  -0.02 -5.63% 0.335 4,164,436 09:00:28
Bid Price Offer Price High Price Low Price Open Price
0.32 0.35 0.355 0.335 0.355
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Nonmtl Minrl Svcs, Ex Fuels USD 3.72M USD -10.51M USD -0.0024 -1.38 14.34M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:22:34 O 54,665 0.344 GBX

Vast Resources (VAST) Latest News

Vast Resources (VAST) Discussions and Chat

Vast Resources Forums and Chat

Date Time Title Posts
07/5/202417:38the other thread is for trolls25,222
02/5/202410:08VAST action group37
17/4/202410:33Vast Resources - Expanding Horizons into Europe. 25,774
19/3/202411:56WILL VAST RESOURCES BE THE BIGGEST MULTI BAGGER TOMORO OF ALL TIME?19,485
14/2/202406:50VAST - MEGA BOOM TIME FOR THE KNOWING51

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Vast Resources (VAST) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:22:340.3454,665188.05O
14:29:360.34122,706422.11O
13:24:360.322,0036.41O
13:24:360.358573.00O
13:24:360.321110.36O

Vast Resources (VAST) Top Chat Posts

Top Posts
Posted at 03/5/2024 15:10 by gold finger 1
Vast Resources PLC - mining company with operations in Central Asia, Eastern Europe and Africa - On Monday, noted that debt due to A&T Investments SARL, known as Alpha, is about USD5.5 million, with USD1.5 million due next week Tuesday. A further USD1.5 million will be due to be repaid 60 days from the first repayment. Vast Resources is in advanced discussions with the owner of Swiss investment company Mercuria Energy Trading SA for the provision of major restructuring finance for Vast Resources, including debt owed to Alpha. Vast owes Mercuria around USD3.9 million, with Mercuria confirming a further extension.

Meanwhile, licence extension documentation regarding the Baita Plai polymetallic mine in Transylvania, Romania, is being finalised so it can be submitted before the deadline which is next week Sunday. Finally, Vast Resources says production at its project in Tajikistan was stopped during the winter due to extreme cold weather, but mining restarted in early March.

Funny how the elected to ignore the fact that the owner of the mine is planning to insulate the mine so work will not have to stop again in the winter.
Posted at 29/4/2024 19:33 by harps01
Investigated! For what reason? Anyone following their views on Vast should not be investing. Amusing reads, on football teams, prostitutes, beans to name a few stories. A lot of people have been taken in on Vasts RNSs which have been shownto be full of BS. Whether it's diamond mining projects in Africa, profitable mine turn around in Romania by year 1, 2 3 or 4, sale of concentrate in Europe by end Feb etc etc.

Only people to blame investing here are those who have not undertaken their research. This includes me. I've got lucky some years and looking back it's been luck due to ramp and dump or some ficticious diamond news which has failed to materialise to date. I'm thankful for my position.

It's possible there could be a big share price increase if refinancing occurs in 7 days but think it's unlikely. I very much doubt any sane investor would invest at a premium as advised by Vast recently. I can forsee large dilution though if someone agrees to invest. Liked to be wrong for investors but doubt it
Posted at 26/4/2024 14:43 by gold finger 1
So copper is up yet again. Yet vast is not affected.
Copper is becoming more expensive by the day. More rare by the day.
Since the last quarter, the price of copper has risen by about 15%. So what ever vast got back in Q4 the price has risen by 15%.so when we received Q4 production for BP the share price was around 0.6p. since then we had a 6 for 1 consolidation, so lets call it 0.1p so with the returns increasing by about 15%. in the three months even if there has been no improvement in production, revenues for BP would have risen by 15%. Yet here we are today with a share price 0.435p so a fall of about 60%.

I have noticed that the red dot on LSE for a short position has been left up for about 2 to 3 weeks. Now why, to make people look and encourage them not to buy.
Almost 3 months ago we read that the company wanted to increase the authority to give comfort to the debt holders. Along with the Company requiring a further US$1 million as working capital. So after almost three months there has not been a placing for either. But how many read that need for a placing, along with the red dot showing a short position and sold. I do not see any sign of a placing. In fact take today, a volume of just 2.5m so far. Not saying there will not be one, what i am saying is i dont see one at this time.
Posted at 20/4/2024 00:11 by bionicdog
the_preacher - 13 Mar 2024 - 08:11:50 - 23236 of 24653 the other thread is for trolls - VAST
This really is excellent news but not unexpected, and more excellent news to follow shortly.
the_preacher - 16 Feb 2024 - 13:33:45 - 22183 of 24653 the other thread is for trolls - VAST
"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"


Are you guys blind, if there is a placing it will be higher than the current price. The price was 0.10 when they issued that statement.

Free money here.
the_preacher - 08 Feb 2024 - 11:12:53 - 21505 of 24653 the other thread is for trolls - VAST
This will now move up as the overhang from the placing clears and there is more positive news.

If and when the diamonds are finally sold this will fly.

Production from Q4 was quite good considering they are transitioning to a new drilling area.

Exploration news will also make a big difference to the share price.

More positives than negatives here once they resolve the debt issue.
the_preacher - 31 Jan 2024 - 14:53:55 - 20927 of 24653 the other thread is for trolls - VAST
It could be almost time to go all in here.
the_preacher - 31 Jan 2024 - 14:51:50 - 20924 of 24653 the other thread is for trolls - VAST
Andrew has done an amazing job in very difficult circumstance, sure it has taken longer than expected, but if you look at the accounts carefully you will realise that the mine is now either close to profitablity or is now profitable.

Let's see what the Q4 numbers are, a good Q4 performance will confirm profitability imo.
the_preacher - 26 Jan 2024 - 19:55:11 - 20546 of 24653 the other thread is for trolls - VAST
Big news is coming very soon. This could easily be 1p in the next couple of months.
the_preacher - 01 Dec 2023 - 10:46:08 - 17182 of 24653 the other thread is for trolls - VAST
Lots of panic selling here. There will be an operational update with good news next week.
the_preacher - 03 Nov 2023 - 12:51:45 - 15156 of 24653 the other thread is for trolls - VAST
Zim news

hxxps://www.herald.co.zw/vast-to-auction-diamonds-held-by-rbz/


the_preacher - 02 Nov 2023 - 11:57:08 - 15085 of 24653 the other thread is for trolls - VAST
500 tonnes inventory, cash from placing and diamonds pending.

This is going up.
the_preacher - 17 Oct 2023 - 10:13:34 - 14246 of 24653 the other thread is for trolls - VAST
It's pretty obvious that they have been holding back good news which is likely to be released any time now.

If not this week certainly next and the diamonds are still in play with what seems like a new venture in Zimbabwe.
the_preacher - 07 Aug 2023 - 22:26:32 - 10297 of 24653 the other thread is for trolls - VAST
I would guess that new deadline would allow for the recovery of the diamonds AND their subsequent sale.

How long would it take to complete a sale of those diamonds once they have been recovered? Certainly weeks rather than days I would think.
the_preacher - 13 Jul 2023 - 11:27:58 - 9219 of 24653 the other thread is for trolls - VAST
Production report is imminent and will be positive. If the debt is rolled over for another 12 months this will fly.
the_preacher - 04 Jul 2023 - 14:56:27 - 24835 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
Operations update and interview tomorrow.
the_preacher - 19 May 2023 - 15:02:16 - 22915 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
There's a good chance of positive news next week, maybe even on Monday.
the_preacher - 14 Apr 2023 - 15:32:50 - 21513 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
Pwhite's arrogance has no limits. He thinks he knows everything about Vast but only has a very limited view of what they are doing.

Todays news is another classic example of news from left of field which has wrong footed him.
the_preacher - 03 Apr 2023 - 13:30:18 - 21146 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
Surely the company's legal team could get access to the diamonds even if its just to confirm their existence.

But the market is right to queation the length of time it will take to clear the bureaucracy.
the_preacher - 28 Feb 2023 - 17:26:01 - 20574 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
Also, has anyone any idea how long it will take to complete the resource upgrade?
the_preacher - 28 Feb 2023 - 17:24:04 - 20573 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
AP reiterated breakeven for BP for end of Q1 so only another month, and also a Q1 production update in a few weeks, with hopefully news re Tajikistan and Moly production.

the_preacher - 22 Feb 2023 - 21:49:21 - 20379 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
Yes, that's my take after today's events. Something is definitely going on in the background which has nothing to do with the diamonds. Well not directly at any rate.
the_preacher - 22 Feb 2023 - 17:03:54 - 20371 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
I don't believe the volume we have been seeing recently is all about the diamonds. If news about the diamonds has been leaking then an RNS is now overdue.
the_preacher - 22 Feb 2023 - 17:01:40 - 20370 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
I get the impression that some entity is buying in big here. Wasn't there a discussion a few weeks back about Vast taking a wider role in Romania and a suggestion that someone would be taking a stake.
the_preacher - 18 Jan 2023 - 09:33:20 - 18910 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
Slowly starting to turn.
the_preacher - 05 Jan 2023 - 12:51:54 - 4650 of 24653 the other thread is for trolls - VAST
"The most undervalued share on AIM"

"A quality investment scenario"


the_preacher - 01 Dec 2022 - 21:22:18 - 17760 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
MoU with Remin 2015


the_preacher - 01 Dec 2022 - 14:50:19 - 17737 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
"would substantially transform the atmosphere surrounding this meeting and probably the share price,

Not sure I like the sound of the word "probably" in that statement, instead of the word "will".

Clearly something is being worked on behind the scenes which may or may not improve the share price.
the_preacher - 24 Nov 2022 - 09:42:33 - 17606 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
Maybe an update at next week's AGM.
the_preacher - 11 Nov 2022 - 16:18:02 - 17506 of 25775 Vast Resources - Expanding Horizons into Europe. - VAST
I suspect the share price is now at a tipping point and we could see a sharp reversal upwards subject to newsflow.
the_preacher - 27 Oct 2022 - 15:10:22 - 8914 of 9903 Rambler metals - 2018 - RMM
They are clearly in no rush to convert debt to equity at this point. So discussions with Newgen still on going pending a final decision.
Posted at 15/4/2024 13:25 by bionictroller
"partly through debt and partly through equity to be issued at a higher price than the current share price."

Share price at the time was 0.1p old money

0.6p in new money
Posted at 15/4/2024 13:15 by gold finger 1
Why have we not heard whats going on with the debt?
I was told by the trolls that dilution was coming.
But not just dilution massive dilution. To pay off the debt. All £7m lol. We have been hearing this since 14th Feb. 2 months. I will say they did say, if Resolution 3 is not withdrawn the Directors undertake that the authorities granted through the passing of the Resolutions 1 and 2 will not be used beyond an authority to issue nominal value of £2,000,000 of share capital. Ignoring this. 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.
Then we heard this. As a Company in production, we continue to push forward with limited additional capex require. so i read this as capex has slowed down. May be the infilling drilling has now finished. After all infill drilling and exploration drilling, costs a lot of money. None of this expense, for drilling has been added to the share price Other companies share price goes up on the news that Historic resources are in the process of drilling infill holes to put them into being Jorc compliant. Never mind further exploration also.
Posted at 13/4/2024 14:58 by shortsqueezer
Even rock solid companies on AIM have been hammered so you can see how the poorer performers like VAST has taken a pasting. And will remain so. This from another board:An interesting article in today's Times headed "Aimless: How London's junior market was hollowed out"It talks about how unrealistically low many AIM share prices are.It quotes Gervais Williams of Premier Miton saying "The UK is cheap, but small caps are disgustingly, absurdly cheap". He says that he believes a broad rally in UK listed shares is coming, with the FTSE 100 index flirting with a record high. This, he believes, will result in a "positive virtuous spiral" that will boost smaller listed companies. He says "I'm more bullish now than I have been for 30 years."The article explains about some companies planning to leave AIM and go private which will enable them to raise money at effectively a higher company valuation, than the AIM share price driving them to raise money by issuing shares at a low price. It quotes the example of biotech C4X which has a share price 90% lower than 10 years ago despite striking three big deals with Astra Zeneca. The company is currently only valued at £23 million on AIM. Redx is also 90% down from its 2015 listing despite partnering four major deals over the past five years.
Posted at 12/4/2024 12:08 by gold finger 1
so last quarter vast got about $8400 per ton of copper concentrate.
Now they get $9391 a ton.
So last quarter they would have received let say $4,720,800.
Now with the rise they would get $5,277,742. so about $556,942. that is based on Q4 of 562 ton of concentrate. so you can see what difference the price makes.
Those are not the right numbers, but to just show the difference the rise would make. Or about 10% rise.

Now the gold asset. Vast have increased the amount of gold extracted by 15% in 3 weeks, from a average of 11,600 ounces a year to 13,340 a year. which would be a extra 1,740 ounces a year. at today price that would have been worth about $4,172,520.so as Bay would get about $2,086,260, and vast get 10%, so on just the 15% extra, vast would be getting about $200,000. so vast share of the total 13,340 ounces a year would be about $1.6m or about $300,000 a week. Less expenses.

All these little management jobs, are going to add up to a lot of money over time.
Posted at 11/4/2024 08:55 by skif
Copper prices high, Vast share price collapsing.

What's going on. Is it anything to do with the Swiss mafia?
Posted at 07/4/2024 10:06 by gold finger 1
forfaite

How much will vast get, though ?

Vast will be entitled to a 10% share of the earnings before interest and tax that Gulf receives from its 49% interest in Aprelevka;

So lets look at gold alone, let just work on the 11,600 ounces. that comes in at $26.68m, 49% comes to $13.73m so vast share is worth $1.3m. Take vast share of the silver as the cost of the interest and tax. So vast get lets call it £1m. not bad for something that cost them nothing.
Vast Resources share price data is direct from the London Stock Exchange

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