Member Info for FigTreeHarry

Question 1...Has mantis jumbo drill2 arrived?

AP: yes.

Troll can book their seats at front...

31/05/2022 7:01am
RNS Non-Regulatory

TIDMVAST

Vast Resources PLC

31 May 2022

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining

31 May 2022

Vast Resources plc

("Vast" or the "Company")

Investor Update and Q&A Session

Vast Resources plc, the AIM-listed producing mining company, is pleased to announce that Andrew Prelea (CEO) and Andrew Hall (CCO) will provide a live investor update and Q&A session via the Investor Meet Company platform on Monday 6 June 2022 at 2:00pm BST.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Vast via:

https://www.investormeetcompany.com/vast-resources-plc/register-investor

Investors who already follow Vast on the Investor Meet Company platform will automatically be invited.

**ENDS**

For further information, visit www.vastplc.com or please contact:

Erebus,
They are still recovering from the heavy weekend shift

Bunch of old men, who’d rob thier own grannies for £50.

The cashflows support a valuation in excess of £100 million that represents a floor to the fundamental value of the mine with potential upside coming from:

More aggressive development programme as a result of the new mechanised equipment: 2 new drilling rigs. 2nd arrival imminent. This changes evrything for VAST.
• Foundation for continued exploration and investment in production scale
• Increased resource
• Increased capacity
• Grade improvement
• Increased demand for copper
• Romanian Asset pipeline access
• Reduction in country and project risk

That is just Romania BP

Prime time, right place, right price. >>>1p entry <<<
Just as Q2-Q3 mechanised production finally... kicks off.
Re-rate =2-4p

(Wrong entry = 50p or £1, need to move on from the past)

Mean’t to write the large
#agency trades

Baits/ Erevus,

Like you not concerned at all, trolls will be caught out by MM and a 20% spread.

- ATLAS Forward-sold correct.
- MM’s would be aware as would of this VAST,
- THIS IS AIM - a common practice
- LSE EXCHNAGE website shows this data - exchnge trades

Clues: within 1.3bn shares volume changed hands in 3 days..(2-3 weeks ago)
I will be buying, movements won’t affect any LTH.
1-4p re-rate is what market now expect.

Expecting a blinder from MM’s

Erebus,
Lol....Fantasy or fantasy is likely AP’s jilted secretary....funny!
Is there 2 id’s now?

Be careful what you wish for ..

The way many interpret the market...
The MM’s are fully aware, (else they’ve been glamping on the moon)
trolls are desperately seek a buy-in lower...

Will it happen? doubt it.

Atlas fwd-sold weeks ago.

1-3p is coming.
Don’t be left on the wayside that’s all

FunkyG..

Good point, and important one. Proper training is very important in mining, and proper safety rules and use of machinery must apply be adhered to. This is very good as...

Thurs Rns states:
Formal operator training is underway.
the preparation of the area on 17 level for initial Long Hole Stoping ahead of production in this area in June 2022.

  The second of the two Mantis rigs is expected within the next week and will be put into service to develop infrastructure from below 18 level on   the Antonio Skarn, to a planned 21 level elevation.

   With the two new Mantis drills and the transition to mechanised mining, together with the implementation of long hole stope mining, significantly increased production output is expected from the end of Q2 onwards.

Capacity for increased production maybe improved further with resources deployed elsewhere on Antonio skarn, there are other faces.

All fruitioning and right time, right place, right price applies. 1p....5p-7p.
How we utilise the extra cash going forward. Frugality applies.
We all know the area is worth over £100m, much more potential to the romania area alone than just above area’s.
More confident today, than last week.

(Ignore the noise)

SandyShore,
If we recieve mantis jumbo 2 this weekend, that is a game changer in the mining of rocks business, a fact.
More faces can be we penetrated and blasted. Resources can be switched to other targets.
Increase in capacity will be excellent, as mechanise and optimisation plan (finally...) kicks in.
Very exciting period in VAST history as equipment is 3.5 times faster x 2.

question...
Regarding new equipment...
Are we still expecting the Canadian manufacturer:
The “Resemin MUKI FF 22 Long Hole Drilling Rig” to be delivered in August 22?
Source VAST website

That would be 3?

Worth noting...?Doofor DF530S hydraulic ?
The Mantis is made by South African company Fabchem, through its subsidiary, Conax Machine Solutions in Springs, Gauteng, which manufactures, refurbishes and repairs roof bolters and hydraulic rock drills, with its flagship manufactured products being the Mantis bolters and drills.

https://im-mining.com/2022/05/26/vast-resources-begins-commissioning-mantis-underground-drills-at-baita-plai-equipped-with-doofor-drifters/

Source: VAST RNS: 26th May
?Drilling with a Doofor DF530S hydraulic drifter resulted in penetration rates of up to 1.05 m per minute which significantly outperforms the standard pneumatic rock drills which typically achieve penetration rates of up to 0.3 m per minute. The use of the Mantis drilling rig will result in drilling efficiency improvements of up to 3.5 times with a reduction of labour at the drilling face, thereby allowing additional faces to be worked.?

?New Investor’s...?
?Here is a satisfied mining client commens in an International mining website, noted below if you had any doubt’s whatsoever on our new Doofor DF530S hydraulic drilling equipment: ?
https://im-mining.com/2018/05/21/doofor-rock-drills-excelling-mantis-face-drilling-rigs-south-africa/

“At these drilling production rates, the project became viable and the client was very satisfied”

: Investors will be happy to end the month positively after Vast Resources announced that it had completed the functional underground drill testing of the two new Mantis CMR4 production drilling rigs acquired by the company to mechanise the mining operations at Baita Plai. For those wondering if Vast Resources is still an excellent investment, the short answer is yes, it still is. Vast Resources’ shares have fallen 36.71% in 2022 but could be headed higher soon.

If targets of £5m revenue per quarter and 2000 tonnes of copper production per , quarter, if we achieve these targets, i’ll be happy i bought at 1p....

Blue finish:)
DYOR/ ATB

Well summarised. Thanks

P.s.
Anyone here work for Jefferies?

Thanks Sandy,

Missed the post, lse loading issues.

Romania it is for now...
More fun tomorrow.

Do a dummy sale, Mm happy to guzzle my lot @ 0.90p

Drill video in action.....

https://mobile.twitter.com/vast_resources/with_replies?lang=en

See our Mantis CMR4 drill rig in action here!

Mannan one for you...lol

With the two new Mantis drills and the transition to mechanised mining, together with the implementation of long hole stope mining, significantly increased production output is expected from the end of Q2 onwards.

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

"Our planned ramp up at Baita Plai is now on course. The implementation of long hole stope mining is expected to deliver a significant increase in production volumes, and together with our additional operational improvements, including the introduction of of molybdenum flotation circuit, Vast is in a strong position to lift production, output and revenues from the end of Q2 and into Q3. I look forward to sharing more operational developments in the coming weeks as the additional elements of our mechanisation and optimisation plan at Baita Plai are rolled out.

"In the meantime, we will share pictures and video on our social channels to keep investors updated with our progress."

I always wanted a mantis jumbo as a kid...still time:)

And favourably calmer....

VAST
Top of the discussion lse board again....

Sandy,
Preference is ramp-up production in romania, at a minimum achieve forecasts / tonnage / cash forecasts per quarter as set previously 12months back, Or better.

AP has to demand this from his team.
ATB

Following Tajikstan PROJECT I and II news...
As ducks are being lined up one by one....

The next outstanding major Project news is ZIMBABWE Chiadzwa -community Diamonds JV developments...
In Zimbabwe, the Company is focused on the commencement of the joint venture mining agreement on the Community Diamond Concession, Chiadzwa, in the Marange Diamond Fields.

News on Zimbabwe, diamonds project could be on the cards next, post-pademic.
Last we heard was December-21 rns..?

May hear something soon...

Although preference is “Ramp up production” in romania and achieve the target revenue forecasts for each quarter, and increase production tonnage mined. REGAIN investor confidence where it was lost, show them the money...even if 12months late.