Member Info for nevergonnaretire

So 3p at current share capital would make Vast a £100 million company..? 🤔 I can't see this at present..

That's also if no further dilution comes into play.. but money is tight, and unless diamonds arrive and are sold imminently then a raise, however small, would be needed to cover costs.. AP has said that Tajik money hasn't arrived due to awaiting export permits, and although he was all smiles on BP which means close to or at break even Vast will still need some money to cover imo..

The ducks are starting to align but further time needed..

Squeeze a blue finish..?

That's utterly rubbish, Vast will be able to place should they need..

The rns is standard, and we were told what was going to happen earlier last month should things go into July.. renegotiate, and then move on.. no doubt at a cost to vast.

.. Once again.. imo the debt will be rolled over, but at a far greater cost than before.. warrants, shares, £1million..? The can will be kicked down the road until near the end of the year giving time to receive diamonds and Baita into profit, plus Tajikistan receivables would be great also.. if no further massive dilution then 2p would be likely on the cards by the time the debt falls due again..but that is only if APs ducks finally fall in a row!

Exactly what I thought earlier in the day... price was being held to accumulate.. just took longer as low volume yesterday and today..

Imo it would suggest someone buying up chunks down here..

My.money is on a 'gift' of 100 million warrants for deferring the outstanding debts until the end of the year.. payable at... 1p or more!

InvestingGenius has gone quiet.. does that mean the Placing that is on everyone's mind is now being worked in??

Sandy, I thought the 12.25% was taken directly off sales..?.no mention of gross or net, so imo straight off any bottom line sales, but I do agree much more info is needed ref details of such a deal, as it could be 12.25% off sales over a certain tonage?

Vast Resources PLC (AIM:VAST) said it has signed an exclusive offtake agreement with trading giant Trafigura for production from the Takob mine in Tajikistan.

Trafigura will purchase bulk concentrate with lead, zinc, gold and silver as the payables under a market standard priced contract.

Vast will receive participation equivalent to a 12.25% royalty over all sales of non-ferrous concentrate and any other metals produced from the Takob processing project.

Vast has a 49% interest of a 50% interest in Central Asia Minerals and Metals Ore Trading FZCO (CAMM), which recently started to process ore and tailings at the mine in a deal that will see it handle 7,000 tonnes per month of ore containing no less than 1.5-2% lead, 1.2-1.4% zinc and 27% fluoride.

CAMM is also the exclusive agent for Takob to market and sell all non-ferrous concentrates and precious metals from the mine.

Trafigura is one of the largest physical commodities trading groups in the world as well as owning multi-metals producer Nyrstar, Puma Energy and stakes in joint ventures Impala Terminals and Nala Renewables.

Andrew Prelea, Vast’s chief executive, said: “We are delighted to announce our new relationship with Trafigura which really highlights the potential of the Takob Mine Processing Project in Tajikistan.

“We look forward to building on this relationship as we look to progress other projects such as the Takob Tailings Project in Tajikistan and beyond.”

Vast will need volume to get any placing away efficiently.. currently very quiet this week... many, many sells today being soaked up around the 0.45p area.. is someone scooping these up..?

Again, a placing down here to me makes no sense.. I am struggling to believe that Vast will use all this headroom @ 0.4p or lower...

I find it very curious that they haven't yet held out the bowl for more 'operational' funds..? Does this mean that Vast are receiving funds from other projects - Tajik? Or are now around breakeven at Baita and are now ready to start to give back some of the investments of the last few years..?

Agreed egtp..

Joey, there is no point (imo) vast diluting @0.3p as that will only raise enough to pay off 1 debt with some change left over.. t would also destroy amy further rises towards the pennies for the foreseeable.. the idea is (if necessary) to raise enough to pay off both creditors at once.. tou wont do thsi @0.3, but upwards of 0.55.. but I believe AP is playing for more time, hence show creditors that the debt is repayable, but no further dilution until at least after positive news has arrived - diamonds, Tajikistan, Baita break even, tailings, gold/silver molybdenum sales, and more..

Hasiba, there's a meeting next week.. imo a chance for AP to talk and answer questions

Asimple.. it's starting.. where have all the rampers, ahem.. traders come from 🙂

Rdeacs - for some reason AP and Vast like keeping things close to their chest... if you are receiving payments from Tajikistan then surely vast would have rns' this info.. as was expected to start receiving in May..? Either this hasn't gone to plan or.. the kitchen sink will be thrown at this within the space of a few days with multiple news info to rocket this ship into the pennies..

"Nevergonnaretire I wonder if this false flag event will do the work to cover the ground work to raise value for a placing next week."

Not enough asimple, not enough...a spike of at least 0.6/0.65 needs to be sustained for an 'average' price per share of id say 0.55 if vast have to dilute at a discount..

That is, if they are using all of thr headroom being asked for next week.. could just as easily roll on (the debts..) until the end of the year and compensate creditors with warrants or another 'bullet' payment of $1million raised by using some of the headroom from next week.. all imo of course.

Hmmmm I was thinking about consolidation as well... but as for the dilution,.surely they have to raise enough to cover outstanding creditors and 0.4 doesn't cut it.. imo a raise @ 0.55-0.6p following positive news would be logical to cover debts?

I think meeting to get granted extra headroom first will.ne granted, then a fo.of positive news and a pump to 0.7-0.8p would then be the opportunity to get placing away, should they need to diamonds depending of course..

Squirrel.. Vast are seeking 'permission' to enable themselves to issue new shares equivalent to nearly half the amount currently in circulation.. around 1.42 billion. This would then cover themselves should there be a form of catastrophic event and the diamonds are gone for instance and thus Vasts main 2 creditors would be able to get paid via the issue of new shares.

This doesn't mean they will.issue them, but vast could then go back to the bargaining table and.strike out a deal which doesn't involve all that extra equity, and give themselves the necessary time to get diamonds across the line..

The next set of financials are, I believe, key to this share living or dying..

A key few weeks for vast

I must admit, I don't understand that 180 million in/out/back in trade... was for 0.5, then for 0.475..?

I agree with xcoder.. looking.likely a sell on Friday. These will filter out and then price will move..

The same stuff is being posted on here this morning.. what for.. only they know, do your.own research.. this board will not sway the share price, but should be used for constructive chat and research info.