Member Info for Dicko80

Https://www.tipranks.com/news/company-announcements/vast-resources-announces-strong-q1-production

It’s been a frustrating time for LTHs but the foundations have been put together over the last 2 years, lots of revenue streams are now about to come in, which adds up to a lot more than the mkt cap

No more dilution

Finance to ramp up the flagship copper mines

$40.000 t - Copper

VANCOUVER, BC , June 3, 2024 /PRNewswire/ -- One of the biggest threats to the ongoing energy transition is the world's ongoing copper shortage that's set to get worse. As demand for the red metal continues skyrocketing, the International Energy Agency (IEA) predicts that existing mines and projects under construction will meet only 80% of copper needs by 2030, which is concerning as opening a single copper mine typically takes 23 years. With the world's two most prolific copper producing countries coming from Latin America, sociopolitical threats to the mining industry in the regions persist in Chile and Peru respectively. Hedge fund manager Pierre Andurand is predicting the price of copper to quadruple to $40,000 per tonne in the next few years, while Goldman Sachs also predicts record copper prices by the end of 2024. These factors are driving calls supporting development of more domestic mining to bolster secure supplies, as the market pays attention to copper miners such as Rio Tinto Group(NYSE: RIO), BHP Group Limited(NYSE: BHP), Lundin Mining Corporation(TSX: LUN) (OTC-Pink: LUNMF), Southern Copper Corporation(NYSE: SCCO), and newcomer Yukon Metals Corp.(CSE: YMC) (formerly CSE: JKS).

With the IEA predicting global copper demand to surge twentyfold by 2040, the importance of projects being developed today becomes clearer

hTTps://markets.ft.com/data/announce/detail?dockey=600-202406031049PR_NEWS_USPRX____LN29673-1

It takes 23 years to bring a copper mine online

If Copper does quadruple, vast have producing and 1 pending on confirmation of Swiss investment, Manilla can be back online in 3 months

What value would 2 copper mines be with a quadruple copper price ??

No worries, i except you apology

Yes I have highlighted the value in a previous post , mkt cap was £2m and this revenue stream alone was more than the whole mkt cap …

Can you believe it !!??

for your convenience, please see below

Yes it’s all the potential revenue streams that are due to come online

PGM contract

1 ton = 32,0000zs

2ton platinum concentrate per month

2 ton = 64oz

64,000 x 15%

9,600 ozs platinum per month

Platinum price $1080

9,600 x 1080 =

$10,368,000 per month x 12 months

$124,416,000

As part of this arrangement, and on behalf of the Swiss investment company, Vast has received an offer from the Nikash Group to purchase PGM concentrate containing on average 15% platinum plus other payable materials and which is being marketed as a platinum concentrate. Under the offer, Vast will arrange the sale and delivery of, on average, two tonnes of high-grade platinum concentrate per month over a period of up to one year. Independent assays have been performed by the seller corroborating the grade of the platinum concentrate at 15% and execution of the final sales contract with the Nikash Group will be dependent, amongst other matters, on the buyer concluding its internal assays and inspection of the product. The estimated sales value, based on seller assays, is expected to exceed $100 million.

hxxps://www.lse.co.uk/rns/VAST/platinum-group-metals-pgm-agreement-mpwoud4d6tzvw4p.html

$124,416,000 x 2.5%

$3,114,000 to vast

This transaction will represent the first sale of product on behalf of the Swiss investment company. The Company is also currently working on the marketing of other similar high value products originated from the same Swiss investment company to expand Vast’s trading desk

hxxps://www.lse.co.uk/rns/VAST/platinum-group-metals-pgm-agreement-mpwoud4d6tzvw4p.html

PGM Marketing contract

15th May RNS

The Company wishes to confirm that four (4) tons of PGM concentrate has been prepared to depart to Nikash in Dubai to separate the contained PGMs. Once separation of the contained metals is complete, the Company will receive payment for this first shipment in accordance with the marketing agreement as announced on 22 January 2024. It is not possible to estimate the amount of any such payment until the minerals involved have been smelted and values established.

Could be $500k to land for Vast as first payment

Mkt cap £2m

“Sample was out with 3 potential buyers , one whom contract is already in place Nikash groupâ€￾

3… THREE

One contract for over $100m in place with Nikash

High five 🖐️

ATB

Company RNS states revenue Pecten 😉

22 January 2024

Vast Resources plc(‘Vast’ or the ‘Company’)

Platinum Group Metals (PGM) Agreement

Vast Resources plc, the AIM-listed mining company, is pleased to announce that it has executed a three-year marketing agreement with a Swiss investment company for the exclusive distribution of high grade PGM concentrates produced within the EU. Vast will receive a 2.5% commission based on the sales value of the concentrates distributed under this agreement. This agreement complements the Company’s existing metal trading activities and is expected to provide a significant additional REVENUE stream for Vast alongside its operations at the Baita Plai Mine in Romania, and its recently expanded interests in Tajikistan.

As part of this arrangement, and on behalf of the Swiss investment company, Vast has received an offer from the Nikash Group to purchase PGM concentrate containing on average 15% platinum plus other payable materials and which is being marketed as a platinum concentrate. Under the offer, Vast will arrange the sale and delivery of, on average, two tonnes of high-grade platinum concentrate per month over a period of up to one year. Independent assays have been performed by the seller corroborating the grade of the platinum concentrate at 15% and execution of the final sales contract with the Nikash Group will be dependent, amongst other matters, on the buyer concluding its internal assays and inspection of the product. The estimated sales value, based on seller assays, is expected to exceed $100 million.

Andrew Prelea, Chief Executive Officer at Vast Resources PLC, commented:

“This marks the beginning of an important additional REVENUE stream for Vast, building on our operations in Romania and our interests in Tajikistan, as we look to strengthen the financial performance of the Company throughout 2024. We anticipate that this agreement will result in further collaborative opportunities that will strengthen the operating capabilities of Vast.”

https://www.lse.co.uk/rns/VAST/platinum-group-metals-pgm-agreement-mpwoud4d6tzvw4p.html

If you read through previous announcements , there is a whole host of updates pending

Swiss investment financing

On the back of the above

a) Mining development plan for BP

b) Manila mine reopening within 3 months

c) further opportunities in Romania

d) further opportunities in Tajikistan

PGM first sale (4ton) revenue to Vast

PGM potential more contracts, first sample out with 3 potential buyers

PGM further collaboration with Swiss investment , other metals being discussed

Takob plant sales - revenue targeting 7ktpm

Fluorspar revenue

Gold report on findings from the 3 tailings dams and 8 further mining areas

Gold production updates and revenue

Findings from high grade copper, with grade upto 37% at surface

Fees from service agreements

Historic parcel of diamonds

Just a few I can think of ☝️

Chart looks like a big “bowl” forming

hTTps://www.investopedia.com/terms/r/roundingbottom.asp

A rounding bottom looks similar to the cup and handle pattern but it doesn't experience the temporary downward trend of the "handle" portion.

The initial declining slope of a rounding bottom indicates an excess of supply that forces the stock price down. The transfer to an upward trend occurs when buyers enter the market at a low price. This increases demand for the stock. The stock breaks out and will continue in its new upward trend when the rounding bottom is complete.

The rounding bottom chart pattern is an indication of a positive market reversal. Investor expectations and momentum, known as sentiment, are gradually shifting from bearish to bullish.

Excellent day so far, well done all

🔥💥🔥💥🔥💥

Yes Tommy K

Short closed or nearly closed

Insider buying more

Company stating Swiss investment into the business to be significant higher than the sp

PGM - 1st 4 ton ready and sample out to 3 buyers, one already a contract in place for $100m+ orders for next 12 months , start of revenue

Takob processing - shipments now taking place, creating revenue , for lead and zinc , fluoride revenue stream being looked at

Potential high grade cooper being investigated

Gold - increase in recoveries helping to increase tonnage to get back up to previous peak levels 27,000 oz gold, to create revenues , additional mines, i think from memory 4 , to look at to increase production

Tailings deposit to look at getting into production

2 copper mines - 1 producing , BP - part of investment will be to help fully fund operations to ramp up as copper $11,000 t, costs were estimated at $5,000 and to produce at peak levels would generate $3-5m net per month

However cooper price expected to quadruple, returns would then propel to $15-20m NET per month

2nd mine looking to reopen with Swiss investment , similar levels of BP at peak, and would only take 3 months to get up and running !

Diamonds - if anything ever comes 147k c at $90 per c , potentially $13m

When you look at relationships formed with Trafiguria and Swiss , and the opportunities in Tajikistan and getting the 2 mines running to peak production

The opportunity at £2m is compelling

VANCOUVER, BC , June 3, 2024 /PRNewswire/ -- One of the biggest threats to the ongoing energy transition is the world's ongoing copper shortage that's set to get worse. As demand for the red metal continues skyrocketing, the International Energy Agency (IEA) predicts that existing mines and projects under construction will meet only 80% of copper needs by 2030, which is concerning as opening a single copper mine typically takes 23 years. With the world's two most prolific copper producing countries coming from Latin America, sociopolitical threats to the mining industry in the regions persist in Chile and Peru respectively. Hedge fund manager Pierre Andurand is predicting the price of copper to quadruple to $40,000 per tonne in the next few years, while Goldman Sachs also predicts record copper prices by the end of 2024. These factors are driving calls supporting development of more domestic mining to bolster secure supplies, as the market pays attention to copper miners such as Rio Tinto Group(NYSE: RIO), BHP Group Limited(NYSE: BHP), Lundin Mining Corporation(TSX: LUN) (OTC-Pink: LUNMF), Southern Copper Corporation(NYSE: SCCO), and newcomer Yukon Metals Corp.(CSE: YMC) (formerly CSE: JKS).

With the IEA predicting global copper demand to surge twentyfold by 2040, the importance of projects being developed today becomes clearer

https://markets.ft.com/data/announce/detail?dockey=600-202406031049PR_NEWS_USPRX____LN29673-1

Delayed buys again 🤨

Yes the market is in “show me” mode

Short closed or nearly closed

Insider buying more

Company stating Swiss investment into the business to be significant higher than the sp

PGM - 1st 4 ton ready and sample out to 3 buyers, one already a contract in place for $100m+ orders for next 12 months , start of revenue

Takob processing - shipments now taking place, creating revenue , for lead and zinc , fluoride revenue stream being looked at

Potential high grade cooper being investigated

Gold - increase in recoveries helping to increase tonnage to get back up to previous peak levels 27,000 oz gold, to create revenues , additional mines, i think from memory 4 , to look at to increase production

Tailings deposit to look at getting into production

2 copper mines - 1 producing , BP - part of investment will be to help fully fund operations to ramp up as copper $11,000 t, costs were estimated at $5,000 and to produce at peak levels would generate $3-5m net per month

2nd mine looking to reopen with Swiss investment , similar levels of BP at peak

Diamonds - if anything ever comes 147k c at $90 per c , potentially $13m

When you look at relationships formed with Trafiguria and Swiss , and the opportunities in Tajikistan and getting the 2 mines running to peak production

The opportunity at £2m is compelling

I wouldn’t take anything you hear on BB as the truth , previous RNS tells you the timelines

I would expect an update some point next week

good weekend to all

Took a few today @ 0.22

Good weekend to all

I hope they’ve not gone fishing

Yes a mixture of debt and equity but due to vast relationships in Tajikistan this will create many opportunities for the Swiss , which wouldn’t be available

Filling orders again by looks of it

I think they’ll still have some to shift , can’t see theyve cleared 0.8% since Tuesday , but now under 0.5%

We know news is due , they seem in a hurry to close 🤔🧐🤨🕺