Member Info for joeydavison

I spoke to the PR late last week and although they can never say anything market sensitive i know that story is a load of bs

Haha its not that, this author is just a fake news writer, i have looked at most of his other stuff and it is all a joke, there is no credibility to this, he is likely shorting it or something, it would be in an RNS at least by now anyway

Says fake news ... https://2mnews.ro/exclusiv-dupa-o-discutie-privata-cu-catalin-vischi-care-acum-devine-publica-n-are-importanta-ce-a-declarat-catalin-chereches-nu-va-candida-niciunde/

There is no credibility to it, it would have been in an RNS,

Yeah I would say so, well it has to be fake, it would have been in an RNS at least by now anyway

Well he likely will, give him time, it has to go through a few stages before an RNS come out, but it will, this is complete fake news and some people are falling for it, its a shorter who has you in their palm

It is not different than me creating a wordpress site and posting something ike that, there is no truth to it, it would have been an RNS by law

Hardly the most credible site is it, the date of it was on the same date as our own RNS as well hmm come on, don't believe everything folks

Cos its fake news

I am not worried imo, EXPECTING a great RNS dyor

200mill net value with a 2mill ish market cap. Finance will be sorted if not already imo, diamonds anytime now. Spoke to the PR and AP is chipper

That is fair enough, but just writing my own opinions

But if people feel like that, why not just go elsewhere? Not everyone have that opinion. I can see the potential here, massive potential IMO, net value of 200mill with a market cap of 3mill, it is massively oversold and sentiment is the only thing why it is at these levels IMO

As a long term holder, I am not one of the bitter ones. I have always seen the potential here and I think everything is now lining up really well. I anticipate a lot more growth.

On the way IMO

Baita Plai Mine:

• Record Production:

• Q1 2024 saw a significant increase with 25,388 tonnes mined and 613 DMT concentrate produced, marking the highest production in recent quarters.

• Improved copper concentrate grade at 20%, up from 18% in Q4 2023.

• Strategic Advancements:

• Access to higher-grade copper zones has resulted in enhanced concentrate quality.

• Finalization of licence extension and pending refinancing with a Swiss investment company position the mine for sustained growth.

Aprelevka Mine:

• Operational Efficiency:

• Achieved approximately 25% reduction in production costs through innovative process improvements.

• Enhanced plant throughput from 800 to 950 tonnes per day, maximizing output.

• Gold Production Surge:

• Notable increase in gold recoveries from 78% to 84.3%.

• Monthly gold production jumped to 805 oz in April and 933 oz in May, with further increases expected.

• Future Growth:

• Recommissioning of two mills to reprocess tailings alongside ore production promises substantial gains in gold and silver output by June.

Why Invest in Vast Resources plc:

• Steady Production Growth: Consistent increases in mined tonnage and concentrate production highlight the company’s robust operational performance.

• Cost Efficiency: Strategic cost-saving measures have significantly boosted profitability.

• Promising Outlook: Ongoing enhancements and strategic initiatives are set to drive further production increases and operational efficiencies.

• Strong Portfolio: Diverse mining assets in Romania, Tajikistan, and Zimbabwe provide a solid foundation for future expansion and revenue growth.

I think the SP is down here because of sentiment, AP himself recently said the net value is 200mill and the market cap is 2mill. Production is ramping up, there is a real strong possibility that Diamonds are going to emerge, that itself would clear out debts, debt free company with producing increasing. Income from various other sources too like Tajikistan. Remember it is the market which sets the price so once sentiment flips which it often does with companies this could soon fly. It is heading in the right direction IMO as with any AIM share it is going to be volatile, but the upside is just as crazy as the downside if it is lined up, I believe we are at bottom here and it can only increase DYOR

I would not say a reliable source as such haha, but just from reading around and speaking to their PR and various others but its nothing which isn't available if you look around, previous RNS stated that it was in advanced stages, IMO that has now stepped up even more, obviously if you speak to the PR they cannot say too much because it would need to be in an RNS but the general vibe i get is that we are close

Well i have heard from various sources but obviously nothing is concrete because it would have to be in an RNS but i know AP is really working hard in ZIM to get them over the line, its in the final stages I believe that to be the case but we are all aware of that anyway I think from recent communications, they are playing it down a bit now from what I heard from their PR purely to stop people badgering them I think haha, but from what I gather things are stepping up a lot down there, this financing is just given the timeframe to get it sorted but who knows diamonds maybe sorted before that is even required

Personally i don't really see it as a stretch, I have been invested for about 6 years now but it feels as though everything is coming in line now, I think once the financing and diamonds are sorted this could really rocket, plus once the diamonds come which I am still hopeful of given that I have heard that things are moving quite rapidly now in ZIM, then the attention will turn to resuming mining again in ZIM