George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Award of rights under the Company’s Share Appreciation Rights Scheme
Vast Resources plc, the AIM-listed mining company, announces the offer of rights as set out below (the ‘Award’) under the Share Appreciation Rights Scheme (the ‘Scheme’) which Scheme has been established for many years to incentivise directors and senior executives/consultants of the Company
Placing to raise £978,967.40
Baita Plai Update
Vast Resources plc, the AIM-listed mining company, announces that it has raised £978,967.40 gross through a placing (the ‘Placing’) of 212,819,000 ordinary shares of 0.1p in the Company (‘Ordinary Shares’) at a price of 0.46p per Ordinary Share. The Placing was undertaken by the Company’s joint broker, Axis Capital Markets Ltd (‘Axis’).
The net cash raised from the Placing will be used for an immediate upgrade to underground equipment to maintain the underground production ramp up and the continuation of the ongoing drilling programme at the Company’s Baita Plai Polymetallic Mine in Romania (‘Baita Plai’), and to maintain its corporate obligations, as it continues to move towards realising name plate capacity of 14,000 tonnes per month in H1 2023 following a strong Q1 2023 production performance.
It was anticipated that the settlement of the historic claims in Zimbabwe would have concluded sooner, and this Placing provides liquidity until the settlement is finalised, expected end of April or early May 2023.
Good luck peak. Hope you get a good price.
Boy am I glad wolf isn't the resident DCI as he'd have charged us all with fraud along with AZ for being part of this massive scam.
I suggest its back to detective school to learn to be a little more open minded.
Oh wait......am I Exo or is it SAM or maybe TRD?
I agree Peakhope and yes most of us are here for the same thing.
I trust Exo as I am one of a few purchasers he has been referring to and one of a few who offered to buy shares from those worried or over exposed.
I have also seen evidence of the other purchases but what does it matter. 1 billion shares traded so whether it's 4 people or 1 billion people, the facts are simple. SYME is back in the market and approximately 1 billion shares traded with no news confirmed but much expected.
Then reach out to people who have offered to buy your shares.
Not posted for a while but I have been keeping an eye to developments. Personally, I've always considered this week as being the earliest we'd get news. Why because everything in the world is turning slower right now. That said, and as others, including AZ have pointed out. The syme wheel is still turning. The staff are still working and we will get massive news. Just be patient.
2 of the big 4 have approved. Why even bother putting pen to paper to submit accounts if the wheel was buckled.
Peak; I've just been sat in the background waiting patiently and saving more for relisting, whilst others with no interest in syme continue to fill these boards. Not everyone of course.
Be interesting to see who we have on here in 12 months.
Apologises, you are right. One set of audited accounts.
At least we can now agree on something. We have had a set of audited accounts. Still not bad for a company the trolls call fake.
There's no reason why SYME wont be trading tomorrow. After 2 lots of audited accounts the fake fraud stories should stop stop meaning the trolls need to latch on other elements of the business to create more rubbish.
Let's hope one of you is right as I'll be getting an extra 450k to 2 mill shares for my money.
I don't care what it opens at, as long as its not too high. I'm only bothered about the price in years to come. :)
@john1970
Re will drop to .38/.40
I do hope your right because I'm planning a massive top up (for me). Unfortunately though I think your wrong and I'll be paying a lot more. But firstly we need to come out of suspension