Member Info for 1nvest

Be good to get updates on questions put forward. Unfortunately I couldn't make it. Requested updates on drilling campaigns going forward, AISC costs now and what they could come down, expansion plans etc.

Basically nothing new. Was expecting more but only had confirmation cell 5 now completed which most were expecting to be confirmed anyway. It's now just a waiting game to see how gold is confirmed following the leach process for pit 1 ore.

No different from yesterday. Positive company continues whilst gold price is significantly higher than 2024 which allows it to continue without placings. Moving into pit 1 with majority development work done up to leach pad 5 hopefully will now show reduced costs for amount of gold produced. It's just a question of how much gold they can produce to get into a decent position to renegotiating Gold loan or if there will be large dilution going forward.

Next two pours are key for Outlook going forward.

Disappointing but doesn't actually surprise me considering trek record to date. I actually offered my services to assist professionally after previous issues and didn't even receive a response. Let's see what excuse they now come out with.

Down a lot and could potentially lose the lot, that's what it's currently priced at being below nominal value.

I think that will be next step as well as extending current leach pads once done. This could potentially more than double current figures. Question is whether this figure to be doubled is 750 ounces or 1200 ounces! Either way a significant step up.

Company has a market valuation of 12m. Apart from Ian there are no other big boys/girls invested here unless a RNS holding comes out shortly. There's probably a handful of investors with a few hundred thousand but doesn't make them big investors.

I was afraid AIM was reducing its holding. The actual fact is they have been increasing holding so likely a few PIs are the actual ones selling. Massive positive as shows support by main IIs.

Just need a decent forward looking RNS on the 30th. Not expecting a 1000 ounces but a positive outlook going forward. More realistic with projections would be nice to see. They have been ramping up for some time and reentered pit 1 which should see decent grades.

If total AIC was USD1,814 we wouldn't be sitting at a market cap of approximately £6m based on 468 ounce of gold doré per month. It should be multiples of this. Let alone what it could be at based on 650, 750 or even 1000 ounces per month.

Kenny is right on comparison to AISC to AIC. Issue is the way Grl have stated cost per ounce mined. I don't think they have included development costs as otherwise why write, ' advances towards positive operational cashflow'

With further development work which will increases ounces in the future.

The AISC must be higher.

In view of the companies comments don't think they are operationally profitable just yet, 'Company advances towards positive operational cashflow, with an average all in cost per ounce at USD1,814 per ounce to 31 May 2025.' With mining the higher grade Pit 1 hoping we'll be there in the short term as can't be far off.

Agreed it's not AISC but does shoe what's achievable once development work stops. There's enough money being generated to finance current development work which is good to see.

Question is what will the target be going forward. Will they hit 1000 ounces or will it be lowered. In any case ounces per month will increase as pit 1 ore mined and AISC will reduce going forward as more ounces produced.

It really doesn't matter if there's one person posting or two or three with pessimistic views. The same with rampers. This is just a BB. Are we likely to affect the price, actually probably yes if people take notice and buy/sell in the same way. This is a very illiquid share and just a few buys or sells can drive the SP up or down as the majority of shares are held by institutions. This was seen recently by one larger private investor selling part of their shareholding causing the SP to fall.

I have been invested in Goldstone for some time. Sold some at a loss and hold others which are down significantly. Still happy to hold as I believe there's the possibility Emma could turn this around. We'll know within the next couple of months...

If no turnaround I still think Goldstone continues as a going concern in view of current price of gold. Yes we are likely to be substantially diluted as remaining debt needs to paid back and there will be some pain in doing so. Even so there is some smaller upside even in this situation.

Of course the worse case scenario, we have been lied to and grades in Pit 1 are not commercially viable. We lose the lot. The latest gold pour looks to show this is unlikely but we do need an update, as no dates provided or grades etc.

Clock is ticking.

Very amusing posts on here about doom and gloom when it's it's been the exact opposite here for shareholders over the past year. Share price up over 500% from 6 months ago and even on a year basis up over a 100%. Yes there will be fluctuations over a week or month but the trend has changed. It was to be expected following new contracts in place and the return of diamonds.

There's no hurry to sell the diamonds as shown by comms to date. It's all about maximising value of the parcel. It's taken over 15 years to get them and it's an achievement most had put past AP and the team but they have been returned. The likelihood is they will wipe out the near time debt which is overdue (very supportive lenders considering situation) as well as provide funds to propel Vast to next stage of development. No longer a company which was working towards the next placement to keep the lights on.

Plenty of positives even without the diamonds such as recommissioning activities in Romania with Hanes gold agreements in place. Hopefully transport licence received soon which will provide another income stream to Vast.

Plenty of work being done in Tajikistan in respect to agreements in place and progress being made as confirmed via recent comms. In addition spear heading future development in the country as shown in recent forum held at the LSE I'm London. Vast are well placed for any mining boom in the country.

Then we have Zimbabwe, with the return of diamonds we could well receive confirmation of a mining concession. Now that alone would be worth many times the current return of diamonds parcel.

People invested here can see that Vast have turned the corner and are no longer the company they were two to three years ago. Lots to look forward to and SP in my view is still undervalued based on just the diamonds returned. There's a lot more to Vast than this parcel.

Roughly 95% down on those from 5 years ago. Around 45% down on the ones in the past year or so but have averaged down so probably a lot worse

I''ve probably been invested the same time. Bought a few more over the past year. LTHs nowadays is probably anyone over a year 😂

Don't get why people are harping on about a placing. It's not going to be straight forward as would likely involve a considition of shares considering current nominal value of 1p a share. Alternatively 2 for 1 placing but that would not be the norm. Generally seen consoldations done but that's usually against a low commodity price.

I think it's all about news and investors being inpatient. Just the way nowadays with few long term PI investors. If you haven't had news when expected start selling up. Let's see what happens...

I have also acquired a few more over the past week. Fully understand I may lose the lot as this is AIM but hopefully the turnaround is fully being worked on as shown in last few months. Grade from pit1 was higher than pit 2 so nothing currently to advise otherwise apart from sentiment on SP. Somebody(ies) definitely reducing holding but I see this as a buying opportunity. Gold has held up well and company are still expanding operations which leads me to believe they are generating cash. Otherwise they would have been out to market by now hand held out. I could be wrong but believe this will come good. Maybe not in timescales originally thought which were revised but hoping within the next three months.

Now I just can't see this happening. Vast has numerous cash requirements. Not only have they got the debt to pay back but have also projects to fund in Romania as they have been cash poor. They potentially may get a concession in Zimbabwe which will need millions to get up and running appropriately as well as Tajikistan projects to fund. If anything they will be raising more finance in the future to get all these projects running well. Thankfully with the diamonds they will be in a better position to clear the debts and have seed money to get things moving. They are talking to other providers for finance as well as offtake agreements.

Thanks CLSK for the update. It's actually reassuring it's not someone in the know selling. Even managed to pick up a few yesterday so thank you for bringing down the price. Saying that I'm still a very small investor in comparison