IN BRIEF: Vast Resources Loss Narrows; Publishes Baita Plai Report

Thu, 29th Oct 2020 19:08

Vast Resources PLC - mining company - Posts no revenue in year ended April 30, down from USD3.4 million. Pretax loss narrows to USD8.3 million from USD10.0 million. Overhead expenses down 12% to USD7.2 million and exchange loss down 29% to USD2.0 million. Separately notes JORC compliant resource and reserve report at Baita Plai polymetallic mine, Romania published and shows measured, indicated & inferred mineral resource category of 608,000 tonnes at 2.58% copper equivalent.

Current stock price: 0.16 pence

Year-to-date change: down 36%

By Eric Cunha; ericcunha@alliancenews.com

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