Member Info for Squirrel26

Just bought a cheeky 1.25m more

Mustang Vast has had to spend 10-11m USD on a 100-200m USD mine. In my book this is a no brainer, and to listen to people moan about dilution is farcical.

Trains, wagons, jorcs, miners, rail track, loaders, finance all cost money. Lots of it. Having worked in large infrastructure projects, this is chicken **** money for a potential avalanche of cash back, that's the risk vs reward.

So if they need to keep hold of the cash for speeding up production, finance and reports then I will take that on the chin for now willingly.

People don't have the first clue just have valuable Romania is, sod the diamonds, that whole area of Romania has been mined since the Romans and it's still stuffed full of copper, gold, silver etc etc. I've read the reports from Grinding solutions and even the most conservative of reporting shows this mine contains huge mineral wealth.

Just under USD30,000 so almost nothing in a multi million pound mining project.

If people are worried about 30K you shouldn't be investing in AIM or in the financial markets in general.

Completely expected and at 16,000,000 shares it’s a drop in the ocean. I’m waiting for actual news.

https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=VAST.L

DD with all the mining equipment arriving by mid July, not even mentioning the essential equipment for production already on site and being installed as we speak, and several 100,000 tonnes of production preprepared, why would production not commence in July. I’ve done a lot of research into Vast, I suggest you read up before talking rubbish.

Did you manage to keep a straight face whilst writing that twist of words deramp?

We are really moving into high gear now folks, the market is taking notice now!! The big trades are arriving, we are going to be producing within the next 60 days. So exciting!

Another 48k @ .16

https://twitter.com/spacegirlaim/status/1265969347010445316

Quite amusing, I guess there's only so much stupid false info and deramping that can be stood

All the essential gear for production is now onsite and being unloaded.

https://twitter.com/vast_resources/status/1265914000925171712

Well said DBH, we are a whisker away from production and I eagerly away the accelerated results.

We are 4 days away from the next shipment of equipment arriving.

Or it might actually be the placing shares being sold, which is much more likely than constantly slating AP.

Vast Resources plc, the AIM-listed mining company, is pleased to present to the market a new video the company has produced introducing its Baita Plai Polymetallic Mine “Baita Plai” in Romania.

The new video entitled “Welcome to Baita Plai” includes a driving tour of the Baita Plai complex, a walking tour of the renovated adminstration building as well as interviews with key personel in the undergound sections and floatation plant. The video concludes with several interviews of key staff working at Baita Plai, including the new General Manager, Chief Mechanical Engineer, a senior mining engineer and a geologist.

The Company will post the video on its website at www.vastplc.com and on its social media pages.

Sandy, reading the proactive article, it states VAST will receive the shipment in June, so it's already on its way. https://www.proactiveinvestors.co.uk/companies/news/920366/vast-resources-eyes-start-of-production-at-baita-plai-polymetallic-mine-920366.html

I've been reading the RNS, on the below, do we take it that the third shipment will arrive in Romania on 1st June, or is that the departure from China?

The Company can confirm the shipping schedules of the remaining containers of equipment are as follows:

1st June 2020 – Third Shipment – includes an underground rock loader & mining jackhammers.
13th July 2020 – Fourth & Fifth Shipments – includes the remaining underground loaders, pneumatic loaders, ceramic filters & hydro cyclones.
17th July 2020 – Sixth Shipment – includes the slurry pumps.

The Company will keep the market updated on the arrival of the remaining equipment and will post photographs and videos of the new equipment being installed ahead of the commencement of production in July.

https://twitter.com/vast_resources/status/1265212479900172289

MOST IMPORTANT IN MY VIEW

“The arrival of the second shipment at Baita Plai now means that the Company has all the essential equipment necessary for the commencement of production at Baita Plai.”

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.

Following the previous announcement regarding shipping updates made on 5th May 2020, the Company can confirm that the second shipment of equipment, which includes forty-two one cubic metre underground wagons and railway cutting & bending equipment, arrived at Baita Plai over the long weekend. The Company will post photographs and videos of the equipment being unloaded on its social media pages, together with an updated project plan.

The arrival of the second shipment at Baita Plai now means that the Company has all the essential equipment necessary for the commencement of production at Baita Plai.

The Company can confirm the shipping schedules of the remaining containers of equipment are as follows:

1st June 2020 – Third Shipment – includes an underground rock loader & mining jackhammers.
13th July 2020 – Fourth & Fifth Shipments – includes the remaining underground loaders, pneumatic loaders, ceramic filters & hydro cyclones.
17th July 2020 – Sixth Shipment – includes the slurry pumps.
The Company will keep the market updated on the arrival of the remaining equipment and will post photographs and videos of the new equipment being installed ahead of the commencement of production in July.

**ENDS**

Considering the first tranche of placing shares were issued today it's very quiet indeed.