Member Info for mizman

Eric will be here to keep us entertained.

*Devastating.

Or a deviating global pandemic happened that shut down the entire world starting in China!

10 March 2020

Vast Resources plc
(“Vast” or the “Company”)

Baita Plai Project Update

Vast Resources plc, the AIM-listed mining company, is pleased to update the market on progress at its Baita Plai Polymetallic Mine “Baita Plai” in Romania.

Despite shipping restrictions in China creating delays due to the Coronavirus (COVID-19), the Company is pleased to announce that the initial shipments of equipment are currently being loaded on to a vessel, bound for Romania, scheduled to depart on 16 March 2020, with further containers booked for 20 March 2020.

These initial shipments will allow the company to commence production within the six month timeline on financing as indicated in our corporate presentations.

Underground drilling has intersected the Antonio Skarn below 18 level at the Baita Plai mine and from multiple readings with a handheld Niton XRF, the mineralised zone intersected in the drill holes are consistent with management’s expectations.

The drilling is being undertaken by the only local drilling company remaining with underground drilling capabilities. Initial logistics and drilling proved difficult with breakdowns and spare part availability being problematic. These are resolved and drilling is progressing at an acceptable rate.

Drilling is expected to be completed by the end of April 2020. The core will be cut in half on site with one half of the core being retained and the second half sent for independent analysis at the ALS Chemex Laboratories at Rosia Montana in Romania. Results of the analysis will be released as they are made available by the laboratory and verified against the sample records at Baita Plai.

Photos and videos of the XRF readings of the cores and the Chinese equipment will be uploaded on to the company’s social media pages and website, with an updated implementation programme of the mine to follow shortly.

A reliable source:

16 March 2020

Vast Resources plc
(“Vast” or the “Company”)

Baita Plai Update

Vast Resources plc, the AIM-listed mining company, is pleased to update the market regarding progress at its Baita Plai Polymetallic Mine “Baita Plai” in Romania following President Iohannis declaring a state of emergency in Romania as of Monday 16th March in a response to Covid-19.

The Company has spent the weekend putting in place all the necessary precautions to adhere to the guidelines being put in place whilst ensuring it maintains the implementation programme to bring Baita Plai into production with minimal disruption in order to meet the timeframe stated in the previous announcement made on 11th March 2020.

Sonic, have you lived in the third world?
Hiv, Ebola, malnutrition, poverty. I could go on. This will not go on for months.

Zimbabwe can't afford to even buy 10 ventilators. Lockdown is good for the Government in once sense. It gives them an excuse that they are not at fault and a distraction from the crippling economic situation.

This will not last more than a few weeks. I have a feeling we will get our JV before then.

21 days. Zimbabwe is not like the west. They cannot take it longer. People will eventually ingonre lockdown.

Hardly a huge placing. It's not going on BOD salaries but to pay interest on finance. So I think your conspiracy is unfounded. We will get an RNA, which could still be the diamond JV we've been waiting for. If not it's understandable that Government had a lot on its plate right now, but it will be soon as Zimbabwe needs the revenue.

Traders taking a bit of profit. Who cares.

Wouldn't want to be short ATM.

Of course Soncic will boast he knew Boris had the Corona virus.

Every one is down. Best hold the news for a few weeks until the world finds its feet again.

Government policy was based on flawed model it seems.

"Based on both those revised estimates and the lockdown measures taken by the British government, the epidemiologist predicts, hospitals will be just fine taking on COVID-19 patients and estimates 20,000 or far fewer people will die from the virus itself or from its agitation of other ailments, as reported by New Scientist Wednesday."

https://www.dailywire.com/news/epidemiologist-behind-highly-cited-coronavirus-model-admits-he-was-wrong-drastically-revises-model

Government policy was based on flawed model it seems.

"Based on both those revised estimates and the lockdown measures taken by the British government, the epidemiologist predicts, hospitals will be just fine taking on COVID-19 patients and estimates 20,000 or far fewer people will die from the virus itself or from its agitation of other ailments, as reported by New Scientist Wednesday."

https://www.dailywire.com/news/epidemiologist-behind-highly-cited-coronavirus-model-admits-he-was-wrong-drastically-revises-model

Government policy was based on flawed model it seems.
"Based on both those revised estimates and the lockdown measures taken by the British government, the epidemiologist predicts, hospitals will be just fine taking on COVID-19 patients and estimates 20,000 or far fewer people will die from the virus itself or from its agitation of other ailments, as reported by New Scientist Wednesday."

https://www.dailywire.com/news/epidemiologist-behind-highly-cited-coronavirus-model-admits-he-was-wrong-drastically-revises-model

Smokers and cities with heavy pollution.

Worst case scenario delayed by a few weeks, but that's not going to happen. I think it's already in the bag.

Zimbabwe

·    BOD has been interested in the diamond potential of Zimbabwe several years. Significant early stage work has been undertaken to identify opportunities.

·    The prolific Marange diamond field is a target. BOD has a joint venture agreement with Vast Resources on a specific concession in the Marange field. The award of the licence has been imminent for a period of time. The award will pave the way for rapid exploration which will include trial mining.

·    Apart from Marange, BOD has continued to examine other brownfield kimberlite opportunities.

https://t.co/hUx4dBPECU

BOD rns. ??

We will catch up to our American cousins tomorrow.

DOW will be up. 2 trillion dollar package signed : )