Member Info for Pecten11

Mark, have you watched Stand Up and Deliver on Channel 4?

Try it, you may find new ways to deliver your oft repeated comedy gold!

Maxcady, I believe they only have one floatation circuit running, so naturally they would have focused on processing the higher value mineral

Jamesjohn- trying to turn the tables??
Just would like the understand the reasoning behind your positivity ?
If you dont have any reasons, that fine, it's your choice, just say so
If you think it's purely a technical trade, that's fine, just say so
If you thinks it due to fundamentals, explain them, maybe you see something that others dont?

As for facts and evidence, how about from the update RNS 'The production of concentrate at Baita Plai for Q4 2020* and anticipated for the rest of Q1 2021 is considerably lower than the targets set out in the previous plan'

Xcoder, not arguing with you but if Roganjit is correct (??) how can it be oversold?

Jamesjohn, the metaphorical floor is yours - state the balanced investment case for VAST today?

Do you know the difference between number of shares traded and the number of shade trades?

Bluenose 'why talk a share you hold down'
Why appear to ignore the negatives about that share??
A decision should be based around the interpretation of as many facts as possible, not just the ones you want to hear

Roganjit, I assume you are quoting number of trades, ignoring the associated volume??
Anyway, as I'm sure you know the buy/sell is based on an algorithm which if there are large delayed trades it cannot accurately identify what they are

Antharry - so Marcus Brewster starts on March 1st and he is going to change and update the mine plan. However, apparently they've already ordered the new 'modern' mining equipment for the new plan - so either the new plan is the old plan and we just weren't told about the need for new kit (makes sense based on Craig's tables that ore volume would start to increase in Q2), or Brewster might want to change the forward plan himself?

Mafuta, I see you still haven’t taken up the invitation to state a factual investment case for VAST
Do you have one??

Jamesjohn, Atlas can convert 500k every month until the debt is cleared

QED - this doesn't directly answer your question - was the 20% given to APMG as an 'introducer's fee' as APMG was only incorporated on 16th Feb 2016 - after ACFR acquired Mineral Mining SA

'An Australian group, ElDore Mining Corporation Ltd (“ElDore”), in 2011 negotiated to purchase the mine for €15m which was later negotiated down to €5m. The group withdrew due to difficulties with a third-party vendor requesting non-refundable deposits, despite being positive on the potential of the mine. ElDore planned to invest $7m to double production to 200,000 tonnes per annum, improve loading, hoisting, ventilation, water pumps and upgrade the concentration (flotation) plant.

In 2011 a Chinese investor acquired Mineral Mining, the owners of the mine at that time. Mineral Mining operated the mine from early 2012 until March 2013, producing a single polymetallic concentrate containing copper, lead, zinc gold and silver with additional elements such as bismuth and molybdenum. The Chinese operators however departed in May 2013 leaving about €700,000 debt.

By 2015, the insolvent Mineral Mining S.A. had been successfully acquired by African Consolidated Resources S.R.L, a local Romanian subsidiary of Vast Resource PLC. During 2018, the association license was received and Vast Baita Plai S.A., formerly African Consolidated Resources S.R.L. "

Antharry, that's exactly why I asked the question - very much doubt I'll get an answer to what should be the first question anyone asks
Likley one of Quint's Twitter crew that doesn't realise he/she has been left holding the baby

Mafuta, if you're so convinced you're right and others wrong, please state a factual, verifiable investment case for VAST in it's current position

Trowtech - if that's the case you're at least a day late........

gbjoe - tbf, the plant at Baita is not designed to produce hold and silver as concentrate, however, they will be present in the copper concentrate - to what degree though is, unsurprisingly with VAST perpetually unclear.
Their presence will mean the value of the Cu concentrate will be higher than normal, though by how much, is again unclear.
As the Mercuria offtake deal is deemed commercially sensitive we will never know, only after a series of financial results may it be possible to approximate whether it's a material benefit or not

JulianM- the projected Cu concentrate grade range is between 26% - 30%
I'm afraid your 50% is a tad optimistic

Jimjam - as this just might come good and be above 0.5p with the production upgrade.

i agree with you re price -though sadly that will be post consolidation

Starvest, i genuinely feel for you.
I've been negative about VAST since the JORC - querying the indicated and inferred resource (specifically the lack of measured that AP kept trying to infer) -has that lack of definition now come home to roost?
The lack of definition always increased the chances that the ore they have been targeting wasn't as prolific as hoped - maybe that is why just about every other mining company 'prroves' up a resource before commencing mining

Perversely, I think we can thank Swiss Toni - at least AP and RT are having to share the pain since the bank made them turn APMGs holding into shares