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Share Price Information for Vast Res (VAST)


Share Price: 0.17Bid: 0.165Ask: 0.175Change: 0.00 (0.00%)No Movement on Vast Res
Spread: 0.01Spread as %: 6.06%Open: 0.165High: 0.19Low: 0.165Yesterday’s Close: 0.17

Vast Resources Plc Ord 0.1P

Vast Res is part of the Mining sector






Share Price SpacerPrice
0.17
Share Price SpacerBid
0.165
Share Price SpacerAsk
0.175
Share Price SpacerChange
0%0.00
Share Price SpacerVolume
431,619,979
Share Price SpacerOpen
0.165
Share Price SpacerHigh
0.19
Share Price SpacerLow
0.165
Share Price SpacerClose
0.17
Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 6,279.83m £10.68m 500,000

52 Week High 0.72 52 Week High Date 20-MAR-2018
52 Week Low 0.13 52 Week Low Date 30-JAN-2019

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
246 210,538,038 187,621,283 -0.662 -0.26 0.00 0.00


London South East Users info for Vast Res




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

15-Feb-19
16:06:44
0.1658
60,000,000
Sell* 
0.165
0.175
99.48k
Trade Type:
Ordinary
Delayed publication

15-Feb-19
16:06:31
0.165
60,000,000
Sell* 
0.165
0.175
99.00k
Trade Type:
Ordinary
Delayed publication

15-Feb-19
16:30:18
0.1731
28,500,000
Buy* 
0.165
0.175
49.33k
Trade Type:
Ordinary
Delayed publication




View more Vast Res trades >>

Directors Deals for Vast Res (VAST)
Trade DateActionNotifierPriceCurrencyAmountHolding
02-Jan-19Buy
Trade Notifier Information for Vast Resources
Andrew Prelea held the position of CEO at Vast Resources at the time of this trade.
 Andrew Prelea
0.28GBX5,000,00031772069
24-Oct-18Placing
Trade Notifier Information for Vast Resources
Roy Tucker held the position of Finance Director and Secretary at Vast Resources at the time of this trade.
 Roy Tucker
0.6GBX8,333,33339940362
24-Oct-18Placing
Trade Notifier Information for Vast Resources
Andrew Prelea held the position of CEO at Vast Resources at the time of this trade.
 Andrew Prelea
0.6GBX8,333,33326772069
View more Vast Res directors dealings >>


TigerByTheTail
Posts: 2,318
Opinion:No Opinion
Price:0.17
RE: Last Post for a While
Today 13:26
Hi Dodge!
Come off it! I'm not even a holder of Vast shares at the moment, but even I object to your last post!
1. Market dynamics - approx. 1.6bn shares have been bought and sold since the Wednesday RNS. The 550m SVS shares due to officially hit the market on Monday have of course been forward sold in amongst all that trading (SVS are a maker-maker, they are allowed to go 10% "short" in circumstances like this). As for the Bergen shares, they have been "in the price" for weeks. I very much doubt there is "an overhang" of shares at all.
2. Vast do not need $20.7m finance, or anything like it, for their Romania operations. Assuming that the new offtake fully replaces and repays Mercuria, the true figure is nearer $10m ($4m to repay Mercuria, $0.9m to pay off SSGI's security against BP, $3.5m to start up BP, and an amount to cover working capital / Manaila losses. (The trucks pay for themselves from increased production and the Calibaba plant is delayed).
(Note: if the Mercuria T1 offtake is left in place then the required amount gets even smaller, though that would complicate the deal).
3. Like it or not, Vast had a decent week last week. Bergen are out. I'm not quite sure what the diamond news means, but it is much better than the outright "no" that I fully expected. And, if to believe AP, new offtake negotiations are making progress.
4. Yes, Vast still have cash flow problems. But then Vast's market cap is 11m quid, which is far less than the value of Vast's 25% stake in Pickstone Peerless alone. So the share price already reflects the risk involved; quite possibly over-reflects it.
5. Finally, I had a strange thought on Friday. I've been rattling on about the threat SSGI possibly represent to Vast, given their securities over BP and PP. What if I've read this situation 180 degrees wrong? What if Vast and SSGI have kissed and made up after their quarrel, and SSGI are the "cornerstone investor" willing to finance the diamonds (and possibly BP as well?). Such a deal would actually make a lot of sense for both parties.
Anyway, that's all. Personally, I'm still waiting for "hard" news on the financing deal before investing again here, because I'm going to be much more cautious with my money from now on. But Vast's situation is not nearly as black as you are painting it.
stringer01
Posts: 1,471
Opinion:No Opinion
Price:0.17
RE: Daily Mail 25 August 2018
Today 13:25
Would be good to get another in now. Why? It didn't do much for the sp the first time.
Fantasy
Posts: 3,542
Opinion:Hold
Price:0.17
RE: Last Post for a While
Today 12:35
Dodge - what did AP say he will deliver the last 12 months? What did he deliver so far? :)
Eastsidemassive
Posts: 151
Opinion:No Opinion
Price:0.17
Daily Mail 25 August 2018
Today 11:55
https://www.dailymail.co.uk/money/markets/article-6098553/Into-Africa-1-7bn-diamond-venture.html

Who got in touch with the Daily Mail,and got this published??

Would be good to get another in now.
Dodge100
Posts: 2,083
Opinion:No Opinion
Price:0.17
Last Post for a While
Today 09:55
From recent messages here can anyone decipher the events of funding and I will make certain assumptions-

1. AP has access to lots of people fro off takes and cornerstone investors to secure 10's of millions of dollars.
2. AP and Vast could not get access to mainstream lenders in Dec 2018 because of SSGI and the terms signed up to by Roy.
3. AP and Vast had to secure finance from Bergen as it was the only place (bridging)
4. SSGI still hold the security of assets in Romania and Vast did not pay in Dec or Jan
5. Placement at 0.135p to allow the repayment of 1/3rd only of Bergen, the rest was converted ($1M where did it go?)
6. News of multiple off takers and a cornerstone investor that can only be accessed when Bergen are repaid and hence the placing.
7. What happened to SSGI and their terms and conditions from Dec 2018?
8. Manaila is sh**e and shut for winter, PP is paying off Eureka, where are the funds coming from for the next 6-8 months until something becomes operational, maybe BP, maybe diamonds (circa £200K pm)?
9. New off take will cover - Mercuria $4m, Baita Plai $3.5m, New truck lease for Manaila $2m, working capital $1.2m, debt repayments $4m, Carlibaba plant $4m, other project costs $2m (blueberry, Zargra, other diamonds) = $20.7m
10. James Campbell says bulk sampling Dec 2019, Blueberry IPO Dec 2019, BP unknown but 6 months from March is August 2019.
11. 500m shares to hit the market tomorrow at 0.135p, hopefully Bergen at 0.12p are already out. Bergen have another batch at 0.24p.
View more share chat for Vast Res (VAST) >>







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