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"it's a red day !"

Is it? Would you like to check again Euston?!!

SANTIAGO666 it looks like you may have called this wrong!

Today's RNS is great news as it shows the lenders are on board and would not agree a further extension if they didn't believe a breakthrough was imminent on the historic parcel that will completely clear the debt and some.

For anyone that is trying to spin it as bad news just has an agenda as far as I'm concerned. Time to ignore the noise. The company doesn't need to raise any more money for the foreseeable future and along with the potential diamonds, they have increased revenue streams to tap into, hence the hint of a payment plan in today's announcement!

I think that going concern statement was only there because the diamond parcel has not yet been resolved - yet anyway!

"Drilling continues at a rapid rate to enable the Company to extend the licence in 2024 and increase the resource. The Company is also advancing underground development as drill results highlight mineral rich areas in new locations that were not part of the current mine plan."

"Funding Based on current strategy and updated expectations the Company does not believe it will need to raise further equity funding for the foreseeable future."

Take note folks!!

Vast seems primed to go on a decent run now and at any moment could see confirmation that the diamonds have now been handed over and are being or have been marketed for sale!

View from Vox 9 mins ago

"While Vast's revenues and loss remained broadly unchanged year-on-year as higher sales and forex gains offset lower commodity prices, the company made significant operational progress, setting it up for future growth. Baita Plai production increased by 60% accompanied by an aggressive shift to mechanised mining. A drilling campaign is underway to establish an enlarged JORC compliant mineral resource with an exploration target of 11.65-12.65 Mt and encouraging initial results.

At Takob in Tajikistan, Vast also made material progress to develop its position in polymetallics as evidenced by the recent signing of an MoU in connection with the Aprelevka gold mines in the Tien Shan Belt. Additionally, first shipments of lead and zinc from the mine were delivered to offtaker Trafigura post-period. For its participation in Takob, Vast will receive a 12.25% royalty on all sales of non-ferrous concentrate and any other metals produced.

Overall, the economic fundamentals for Vast's polymetallic business remain sound. Continued demand for copper has buoyed prices, despite current geopolitical risks. The forecast global growth in EVs remains likely to create a shortage of copper as producers struggle to meet demand. If commodity bulls continue to drive polymetallics and Romanian risk premiums continue to drop, Vast has potential for significant medium-term growth.

Vast remains well-funded after raising £1.8m through a placing earlier in October, following a £1.7m fundraise in July, providing sufficient working capital to develop and expand its portfolio. The company is also waiting on the recovery of a historic parcel of 129,400 rough diamonds held in custody at the Reserve Bank of Zimbabwe, following a High Court Order in Vast's favour."

Agreed decent production update.

Next imminent RNS - confirmation of release and sale of diamonds!

I'll be adding more here later, price is a steal right now! Especially as no further foreseeable raises on the horizon now. They would not have been able to say that without being able to show this is indeed the case.

Added another 285k shares this morning at 1.75p!

Sheer disconnect from the current price and true value of our assets !

Just added another couple of mill. Great recovery play here !

"Decisions, Decisions for Devon"

Morning stas et al

I mentioned again recently and several months back that my rationale was it could be Devon Energy and I still stand by that.

If Devon Energy turned out to be our JV partner that would certainly be no bad thing at all, their mcap is only $31Bn !!

Many months ago I surmised that the potential joint venture partner could be Devon Energy. I still stand by my rationale for this, and if it turned out to be an organisation like Exxon then even better!

The fact that the process had been ongoing for nearly 12 months leading to the LOI and the fact it is still ongoing fills me with confidence that this will play out with a positive outcome, as I can't see them going to all this effort for nothing to materialise at the end of this long drawn out process.

Itsgonabeme - a warm welcome to you over in Calgary!

Canadian overseas has been in the doldrums of late but all that is about to change, and I believe they are on the cusp of a breakthrough production wise.

Once they have shown production is back up above 2k bopd (which will be very soon imo) I believe a Joint Venture will be incoming straight after!

Looking to add another 5 million or so later, if I can get them below .21 then great!

Huge disconnect between the current Mcap and true value now!

Excellent news this morning. Just the start of things to come!

I've taken the opportunity to buy another 3 million. Operations should now be well in profit, next update could surprise a few!!

Have doubled my holding here over last couple of days. I actually think the company has flipped over to operating in profit now. My belief is we will see 0.50-0.60 soon especially with no further raises for foreseeable future now.

"I'm a full time trader"

Can't imagine you have much time for that given the time you spend writing posts haha. Maybe your full time job is someone who makes a living out of nothing but trying to get a lower entry into a stock that you know is likely to do very well short term - otherwise you simply wouldn't be here and waste your own time with nearly 230 posts in just one month!