Member Info for Malpenn

We know the issues with the JORC and the first mining plan at BP.

We also know there was something called the COVID pandemic which surprisingly enough did affect production and sales ( strange that..)

But what can't be disputed is the current copper shortages, timeline to open a new mine and the increase value of copper.

Yes, VAST is well behind on the expectations of BP but I do feel the Q1 report will show a turn around and with the new capacity drilling already started (and funded) BP will become a valuable asset.

2020 to 2023:

https://ycharts.com/indicators/copper_price

3 year

2010 Copper Prices:

Based on an assumed copper metal price of US$6,655/tonne the initial mine production generates an in situ metal value of US$104,450,225* over the 3-4 year period

2023 Copper Prices
$8,926

Copper Supply and Price:

https://markets.businessinsider.com/news/commodities/copper-prices-inventory-lowest-2008-trafigura-china-reopening-commodity-stockpiles-2023-3

Diamonds have absolutely no value currently shown within the Market cap.... Focus should be on the Q1 report and seeing yet again increases in BP production and therefore sales = cash !!!

Management strongly believes in Baita Plai’s increasing performance and to achieve our goal of heading towards name plate capacity in H1 2023. Based on current production trends we have seen another significant increase in production and sales in Q4 2022 and we expect to see the trend continue into Q1 2023 and beyond.”

The world's demand for copper has totally changed and there are supply issues.

View below that copper prices could increase by 33%... Forward looking, this isn't going to be a negative for Vast.

https://markets.businessinsider.com/news/commodities/copper-prices-inventory-lowest-2008-trafigura-china-reopening-commodity-stockpiles-2023-3

Antharrylol - you seem to focused on the revenue from sales but a junior mining company is very much valued on the value of their assets.. "Production up" increases the value of BP, we know we are reaching breakeven, then comes profit onto the balance sheet.

We aren't at nameplate yet, so profit will be reached.

Interested to know your current estimated value of BP, including all the new machinery which has reduced the costs of the mine, including labour costs.

BP alone worth more than the current market cap !! Add in that BP is approaching breakeven, then it should demonstrate that VAST is undervalued, yes there have been alot of mistakes with the previous mining plan.
Will the new mining plan and reaching targets enable Vast to gain cheaper debt, yes I think so..

BP is reaching breakeven
BP is reaching nameplate
New drilling at BP has started for the future growth potential and license extension.

No value what so ever is attributed to the diamonds within the market cap.

Debt is used to grow a company and should not be negative, of course cheaper debt would be welcome.

Q1 report is only weeks away, expected to show sizeable increase in output at BP

Manaila is a valuable development asset, no value within market cap is represented of this asset.

Undervalue due to market impression of AP, could 2023 see a turn around... I am think yes.

Blue today... I am thinking certainly !!

Q1 report due end of March / beginning of April...

AP sounded very excited to deliver this report to the market and expects above 20% month on month output increases from BP...

New drilling at BP has already started, waiting for the market to see the Q1 report and rerate share price

All the sold shares will be brough up later today.

Yesterday they were flipping to NT around the time period when the 5 Million shares were purchased.

It's getting too close to the results to trade this one, as you can get locked out at any time.

Obviously if you think that the recent webcasts were full of incorrect information from AP then sell...

Flipping to NT every couple of trades... they are very much limiting the quantities available to buy.

Fingers crossed good news is approaching.... BP at breakeven ? Yes please...

Within the last 15 mins rise, a delayed 5 Million buy was just reported after the rise.

This share is being worked very well but the buys are shining through..

The share had been NT (with Halifax) for anything over £3K during that time period.

Delayed print from yesterday..
0.54 was the mid price yesterday, along with all the other 10 millions from yesterday..

AP has been very vocal via Webcast and RNS'S that output at BP is reaching breakeven and then profit.. Reaching nameplate and the current work going on to examine new areas.

Now the 8 X 10 Million shares have been purchased, will the brakes be allowed off and we see a reasonable rise

I am thinking yes...

You seemed to have forgotten to mention that AP took part in the latest placing to a tune of £83.5k... of course that's a negative....

Apart from the results at the end of March /early April...which are expected to show a turnaround of Vast.

BP reaching breakeven, nameplate and then profit.

Amazing what creeps out of the wood work when they see 80 Million share being purchased in the past few days !!!

After hours just gone through... Interesting

Looks like a buy at 13:18

v o x m a r k e t s . c o . u k

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Cut into notepad and replace xxxxxxx

Hope that helps.