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Surprised more not piling into vast, still some ironing out to do, will they get legacy funds in the end, will Romania and Tajikistan revenues, make things more manageable, or even clear debts quicker? This part of the rns earlier sounds pretty positive to me.
The Aprelevka opportunity should provide Vast with a further meaningful source of revenue in the near-term, whilst insulating shareholders from dilution.
March rns reminder, Romania copper production and grades expected to rise, plus offtake.
https://www.lse.co.uk/rns/VAST/new-copper-offtake-secured-with-trafigura-for-baita-plai-dl21blkrkowxysn.html
The January aprelevka rns and what vast can coin out of it, cut of the action now, possible equity in the operation later.
https://www.lse.co.uk/rns/VAST/completion-of-transaction-regarding-aprelevka-4bo0pzl5aeza9vz.html
Good for VAST operations in Romania.
Copper Jumps to New 14-Month High on Supply Risks, Demand Hopes....
https://www.bloomberg.com/news/articles/2024-04-04/copper-rises-to-14-month-high-as-powell-affirms-fed-rate-stance
So what you thinking, rise the past two days down to someone hearing about the Gold, or something else afoot ?
It will only take one piece of material news to multi-bag this stock from current levels, no wonder buyers have been nibbling away.
Buy low sell high.
Https://twitter.com/vast_resources/status/1776220652858466346
What does this all imply? I have written my investment off. This share appears a complete joke and the company a lifestyle one. I hope there is some miracle I can get my investment back and break even
Vast Resources PLC
@vast_resources
The #VAST team has been on the ground at #Aprelevka in #Tajikistan for three weeks...
Today was our second smelt.
Recoveries from our technical team showed a 15% improvement in recoveries.
More work to do to reach our targeted improvement, but this is very positive.
#Gold
....................
https://pbs.twimg.com/media/GKZnROZWEAAhcEE?format=jpg&name=small
Aprelevka rated a mention as one of top Gold miners Gold producers in Tajikistan in 2019 included Aprelevka, Arteli Odina, Darvaz LLC, China Nonferrous Gold Ltd. (CNG) through LLC Pakrut, JV Darvaz, JV Zarafshon Gold Company LLC, OOO Takom Gold, Tilloi Tochik
? Guess it did not like the pick and click, all from right side of double column pages, was all together when I hit send?
also this, as with some other things i have read, many of tajikistans deposits multi metal/mineral, like this one
the president signed a decree that would allow talco to transfer a 25-year license to talco gold to develop mineral
resources in the konchoch area. the konchoch area contains three deposits: the chul’boi gold-silver deposit, the
konchoch gold-silver-mercury-fluorite deposit, and the shahkon gold-antimony-****nic-fluorite deposit. the mineral
reserves in the konchoch deposit were estimated to be
265,000 to 268,000 t of antimony
76,000 to 205,000 t of fluorite
184 t to 1,197 t of mercury
50,000 to 55,000 kg of gold
44,000 to 49,000 kg of silver
'Re David Jones’s purchases: if Peter Tork, Laurence Naismith and Micky Dolenz should appear on the share register, will that constitute a concert party?'
No, a miracle.
Not that much volume yesterday and today but keeps moving up, good sign yes ?
Opening line of that Tajikistan Outlook section, rely heavily on, could be vast moved in, right place , right time ?
The recent venture into Tajikistan could be a money spinner, listed as having dozens of metals and minerals in abundance, Tajikistan mining is a growth industry, just came across a long winded USA USGS report from late 2019, most of it very bland Does show plans for expansion plus new smelters etc, presume built by now ?
Outlook
Tajikistan continues to rely heavily on foreign investment and loans for infrastructure development and mineral
enterprises. In 2019, foreign companies (mainly from China) continued to be engaged in production of aluminium, gold, lead, and zinc in the country, and they are expected to continue to increase current production levels and to invest in
new production projects for these mineral commodities in coming years. Tajikistan might increase aluminium, antimony, and gold production with the completion of a new aluminium smelter in the western town of Tursunzoda and new mining and processing facilities in the Konchoch area.
Gold and copper are both on the up which vast have got covered
The new JORC is not yet complete as this would have been RNS’d
That does not mean the Romanian resource report has not been done though, the deadline for this is next month (90 days before the current expiry) and we know extensive drilling has been going on for just over 12 months,
Once this report goes in and the licence is extended then the JORC can be filed and then it’s back to full time mining,
Or Romania is now profitable, the new Jorc is complete meaning it has a 10 year plus mine life and diamonds are on the At and 100 mill is a conservative fair value l:)
Just picked up a few. Daft price down here.
Re David Jones’s purchases: if Peter Tork, Laurence Naismith and Micky Dolenz should appear on the share register, will that constitute a concert party?
Honestly do you think Vast management give a flying fig about what price the next placing will be out, it's a scam and has been for a long time. People will be chasing this up while they are working the next placing at half the current price because they need a lot of money to continue. It will never end, they could win the lottery and they will still return 3 months later to raise more money. Scary this stock still gets pumped up on forums
A placing at this level would be a grave mistake in judgment, likely causing the shares to plummet and making future fundraising even more challenging, while also destabilizing relationships with creditors.
David Jones -lead singer of the Monkees
Yabba dabba BLUE
What's going on, any rumours going around, have read when vast goes , it goes big time, exciting stuff.