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Worth noting...?Doofor DF530S hydraulic ?
The Mantis is made by South African company Fabchem, through its subsidiary, Conax Machine Solutions in Springs, Gauteng, which manufactures, refurbishes and repairs roof bolters and hydraulic rock drills, with its flagship manufactured products being the Mantis bolters and drills.
https://im-mining.com/2022/05/26/vast-resources-begins-commissioning-mantis-underground-drills-at-baita-plai-equipped-with-doofor-drifters/
Source: VAST RNS: 26th May
?Drilling with a Doofor DF530S hydraulic drifter resulted in penetration rates of up to 1.05 m per minute which significantly outperforms the standard pneumatic rock drills which typically achieve penetration rates of up to 0.3 m per minute. The use of the Mantis drilling rig will result in drilling efficiency improvements of up to 3.5 times with a reduction of labour at the drilling face, thereby allowing additional faces to be worked.?
?New Investor’s...?
?Here is a satisfied mining client commens in an International mining website, noted below if you had any doubt’s whatsoever on our new Doofor DF530S hydraulic drilling equipment: ?
https://im-mining.com/2018/05/21/doofor-rock-drills-excelling-mantis-face-drilling-rigs-south-africa/
“At these drilling production rates, the project became viable and the client was very satisfied”
SandyShore,
If we recieve mantis jumbo 2 this weekend, that is a game changer in the mining of rocks business, a fact.
More faces can be we penetrated and blasted. Resources can be switched to other targets.
Increase in capacity will be excellent, as mechanise and optimisation plan (finally...) kicks in.
Very exciting period in VAST history as equipment is 3.5 times faster x 2.
question...
Regarding new equipment...
Are we still expecting the Canadian manufacturer:
The “Resemin MUKI FF 22 Long Hole Drilling Rig” to be delivered in August 22?
Source VAST website
That would be 3?
Great find… looks like vast has chowing the right kit, which is good news… do they know how to get the best from it - waiting to see the production numbers….
https://www.reddit.com/r/GetMotivated/comments/772s97/image_it_doesnt_matter_how_many_resources_you_have/
Wonder if they have to train someone local on how to use it ?
FunkyG..
Good point, and important one. Proper training is very important in mining, and proper safety rules and use of machinery must apply be adhered to. This is very good as...
Thurs Rns states:
Formal operator training is underway.
the preparation of the area on 17 level for initial Long Hole Stoping ahead of production in this area in June 2022.
  The second of the two Mantis rigs is expected within the next week and will be put into service to develop infrastructure from below 18 level on   the Antonio Skarn, to a planned 21 level elevation.
  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.
Capacity for increased production maybe improved further with resources deployed elsewhere on Antonio skarn, there are other faces.
All fruitioning and right time, right place, right price applies. 1p....5p-7p.
How we utilise the extra cash going forward. Frugality applies.
We all know the area is worth over £100m, much more potential to the romania area alone than just above area’s.
More confident today, than last week.
(Ignore the noise)
Good post FigTreeHarry
Upwards and onwards
Just to make it clear, personally I don’t see 10p as a target would think it’s a fare bit higher IMHO.
Short term looks bearish to me, I’ve seen the wreckage of dilution, it takes time for it to be cleared away!
Really wonder how many people will bottle it when it’s four bagged, and then pay a load extra to try and catch the train again. Just mussing :-)