Member Info for mizman

The Load Haul Dump machine has taken over from conventional loading methods in the decline being developed to 19 level on the Antonio skarn #VAST #BuildingBaita https://t.co/ETqfqxPtje

https://twitter.com/vast_resources/status/1357252615432777728?s=28

gkb47,

"Despite Prelea going to Zim (allegedly)"

Perhaps you haven't seen the tweet below, but I suspect that you probably have.

https://mobile.twitter.com/JAHC1/status/1354339787449241600

gkb47,

"Despite Prelea going to Zim (allegedly)"

Perhaps you haven't seen the tweet below, but I suspect that you probably have.

https://mobile.twitter.com/JAHC1/status/1354339787449241600

gkb47,

"Despite Prelea going to Zim (allegedly)"

Perhaps you haven't seen the tweet below, but I suspect that you probably have.

https://mobile.twitter.com/JAHC1/status/1354339787449241600

Posted on telegram :

Most of the gold and silver is recovered in the copper concentrate.

The gold is associated with the copper ores and the silver with the lead ores, however there is high grade gold and silver in the copper ore, but a higher silver in the zinc and lead ores. But VAST have more copper ore types than lead and zinc.

So 30%! of Vast’s revenue, even in the copper concentrate, is gold and silver.

https://twitter.com/vast_resources/status/1356186532005220352

Silver prices have leapt to a five-month high today rising by more than 10% to $29.74 an ounce. This bodes well for #VAST with #silver and #gold accounting for 30% of revenues at our Baita Plai Polymetallic Mine #BuildingBaita

Read more from
@BBCNews
:

Key difference, is that BP is now a producing European asset, in a world where copper is in great demand.

Talking business. Can't be long now before deal is announced.

Andrew Prelea in Zimbabwe during lockdown, to see the wildlife from the confines of his hotel.

I don't think so.
Yes this will most definitely multi bag if diamond JV is signed.

https://twitter.com/JuliaHB1/status/1352138561550745601?s=08

I'll talk about this WHO statement on Covid tests on my @talkRADIO show. WHO directs testers to confirm Covid+ PCR tests on people without symptoms with a 2nd test & to report the Ct value (how many cycles are used to detect fragments of virus). Concerned about false positives???

How do you come to that conclusion? In fact he may still be in Zimbabwe and doing very well.

As Andrew Prelea is in Zimbabwe, looking to conclude the diamond deal, that one transaction is enough to push the market capital, multiples the current 26m.

I wouldn't want to be out of this share whilst the deal is going to be finalised.

Good summary Sonic.

Sandy, as you are a long term holder, has your VAST holding been similarly decemated?

Colin, lead by example, but I doubt you have any shares.

Interesting post from another forum :

Anyway from the EBRD website - just going with a rough overview from them as some believe it could be them to help understand the process

Final review
Once the basic business deal (including a signed term sheet) has been negotiated and due diligence has been substantially completed, the project is submitted for Final Review by EBRD management.
Board Approval
The EBRD President and operations team present the project to the Board of Directors for approval unless Board approval has been delegated to management. 
Signed
The EBRD and the client sign the deal and it becomes legally binding.
Disbursing
Once repayment conditions are agreed and the Bank’s conditions met, the funds are transferred from the Bank’s account to the client’s account.

What, no Christmas present from Colin?

Not everyone will have seen the RNS.

11 December 2020

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

Director Share Purchase

Vast Resources plc, the AIM-listed mining company, announces that it was notified that on 10 December 2020 Mr Brian Moritz, Chairman of the Company, purchased 15,000,000 ordinary shares of 0.1 pence each in the share capital of the Company (‘Ordinary Shares’) at a price of 0.1395 pence per Ordinary Share.

Following this purchase, Mr Moritz’s total beneficial ownership in the Company is 25,000,000 Ordinary Shares, which represents approximately 0.14% of the Company’s issued share capital and will represent approximately 0.12% of the Company’s issued share capital following the future allotments announced on 9 December 2020.