Member Info for chrishutch

Also had communications with PR who advised that there will be an increased news flow and communication with shareholders from here.

It is starting to look more positive

It is a buy, confirmed by the buyer in the twitter group.

Yes. Good to see the start of what we think will be a line of positive news updates.

I still think NCCL has all the hallmarks for a 3 bagger from down here

Would not surprise me, at all. Maybe even a few interviews out!

Have a nice weekend all!

Apologises watch this and there and posted on wrong board. I have reported my comment. If someone else reports it too then it will be removed faster.

Strangely the comment also relates to here as I expect mos to move into 0.30s too.

https://www.sharesmagazine.co.uk/news/market/7027142/Accounts-Filing-Extension

As Londonsoutheast website is having problems, the confirmation of extension and no material changes to last update can be found here. I am happy that they have loads of cash and clarified no placing with the nothing material to add sentence.

****************************/rns/announcement/7ed4cdb5-fe4a-4a29-8611-c55ad41ab209/

Considering they have loads of cash, they have a loan facility and they have assets I am not surprised there is "nothing material to add" the last update pretty much clarified that the market cap is smaller than cash and assets and there are contracts in the pipeline to be announced soon.

As far as punts go this one seems good.

over the coming weeks, we can see the company is at a good stage and that shareholders are now starting to get in. With any luck, we are buying the bottom area and will be handsomely rewarded going forward!

An exciting time for the company.

The Twitter Feed has some videos https://twitter.com/vast_resources not a bad place to start, then the website. https://www.vastplc.com/ and facebook page. There are also some knowledgeable posters on twitter who have taken large stakes such as @AfzalValli
- Obviously read through the RNS and make your own judgements

Looking at where the company is and the chart I would say you have timed your entry very well, but obviously do your own research. I am relativity new here too and only in slight profit so far, hoping for quite a bit more but prepared to be wrong too.

Amur_isagogo I agree, I said something similar earlier this morning.

happy to hold as we are so close now. Good luck all.

At least we know why the share price was held here haha. Looks like it might move higher.

Anyone be surprised if this closes up?

They know the share price will be worth a lot more very soon.

Not going to sweat such a small amount when we are so close!

They already stated that they have enough cash.. They have an untouched loan facility to the tune of 10.3 million, should they need it.

They have £7.6 million of cash (as of May 31st) and additionally agreed on access to £10.3 million via the 'undrawn' banking facilities. As well as approximately £11 million in advanced payments to its main contractors. They also have the port etc..

Compare this to the current tiny market cap of just under £5 million and it looks undervalued to me. So the speculation re-raise seems off track but I won't rule it out, maybe the contracts are of a much larger than thought nature. Personally, I think it is probably just cost-reducing and the other broker will be removed soon or a sale of some sort.

It does look like the market cap is way way too low!

This could rerate in a nice way.

A few buys going through a nice solid finish to week would please me!

Vast Resources to start production of copper concentrate from Romanian project in Aug

https://seenews.com/news/vast-resources-to-start-production-of-copper-concentrate-from-romanian-project-in-aug-707493

1) All equipment on site
2) Baita Plai Metallurgical Test Work, testing of Copper & Zinc has been finalised and the results are encouraging
3) Baita Plai Metallurgical Test Work, testing of Lead and Molybdenum are ongoing
4) Final Metallurgical Report to follow over in coming weeks
5) first batch of underground drill hole assays from ALS - results are equally encouraging
6) Going on to production next week.
7) First concentrate for sale in august

:-)

I am told it is 750k per annum, but 2020 figures are out any day so maybe wait for confirmation.