The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I keep seeing this, many 405 odd shares purchased in a row, started after the massive rise we had in May, hammer's the SP down, then we have to put up with their mates shouting SP is not taking off and for us to not bother with Vast, sell and go elsewhere
Shorters are obvious, especially since May, saw the same pattern on POG, GGP and CINE and boy they get that SP down even when buying. Roll on October results.
Molybdenum is used but let's see what the experts on this BB have to say. Time to have many many figures thrown your way being told Vast is mining the wrong kind of low quality of moly and copper
Boris is intending to have 8 nuclear power stations built in the UK before he leaves, European moly miners will do very well.
Vast were once looking at purchasing the Baita Uranium mine which is situated close to their Baita Plai mine, nothing came about it but all could change if Nuclear power does take off
They could also mine Uranium in Tajikistan as they are looking for new opportunities in that country
Don't we need to have the first production of moly to know what all production cost are, Romanian fuel cost are low as they still mine coal, cheap electricity, even then they may not inform us (may miners won't reveal those for tax reasons...) copper is up, moly is the by-product as is gold and silver, so it won't be at a loss.
If you think that Vast will make a loss then go and take your mining expertise somewhere else, dont disuade others from investing, we're talking about an AIM share at less than a penny with an expanding portfolio.
Instead of guessing and throwing insults at each other lets wait for the results in October (then do it)
Down 2%, SP has settled this month and is rising slowly
Molybdenum, price has increased recently, will be needed to help repair Ukraines infrastructure, copper and gold also present at BP
Projects in Romania, Tajikistan and Zimbabwe, delays with updates due to pandemic (Romania was also in lockdown)
Results 26th October
If it’s good news a possible re rate, if not more time will be obviously be needed, buying in at under 1p I’m in no rush (it’s in my SIPP)
Molybdenum is at $37550 per metric ton, results of mined concentrate will be announced about the same time as end of year results in October.
Results of mined copper from BP and further updates from Tajikistan and Blueberry will make for an exciting October (and increased SP)
Unusual trading at the moment, Ukraine war, recession etc, perhaps ignore the chart on your computer and what it's telling you and use your experience to trade.
If you're a day trader then yes its not good, but for others all is good with Vast resources
AP can bow or curtsey for all I care as long as he improves Vast Resources future (which he's doing)
As far as I'm concerned the new Vast is all I'm concerned with, if you bought in when they had the same assets plus Zimbabwe diamonds and you've lost money along the way it's hard luck, get over it , I'm not sure of your motives but I can guess and it isn't down to giving a damn about other investors and how they invest their money
Vast survived the pandemic, many businesses didn't, they have Baita plai, Faneata, Blueberry, Takob and many more, all are excellent assets that are under valued by the market, I have researched the present and future assets of Vast and am satisfied to how I've invested my money
Anyhow results on 26th October and many more updates along the way will see who's right or wrong about Vast
Yanks are like us, can see the pictures on social media, elaborate fraud with many people involved if he's lying.
I was about to post the same, it's cost us nothing, hours spent on Google predicts a bright future, but no, somebody on here GUESSES it will be a waste of time with no revenue, let's wait for the first results before ****ging them off
Good start, then multiple buys for 400 shares and down we go. JP Morgan playing games for their fellow shorters, manipulation, happens a fair bit with Vast, as it does with GGP.
Only upside is it gives us a chance to load up, swings and roundabouts I suppose
A sell for 0.12, watch the SP drop now
Glencore Profits are up, also says China will come back even stronger, most of their profits came from coal.
Miners sensibly ignoring for now the madness of green policies
Looking good for miners
Putin has recently visited Tajikistan for talks, both countries still trade with each other which is good news for the Takob mine (and Vast)
Australia and China not happy with each other, even less if China invades Taiwan. No more iron ore destined for China, Tajikistan will benefit
The Takob mine will have a continued market in Russia, China and ****stan etc
This is where Vast will get its increased revenue and a re rate (including Baita Plai, Blueberry etc)
Was it ever announced why Vast Resources were in Tajikistan in the first place, I thought I read AP was there on other business and was asked to look at Takob, only thing I can connect Baita, Romania and Tajikistan is Uranium.
Baita has a long history with Uranium and since the Ukranian war most countries will be looking for other sources which excludes Russia. At one point Vast were looking to buy Baita, so they must have staff with knowledge of the Uranium process, supposedly secret.
Anyhow good luck for Vast being introduced to the Takob mine as it has has fluoride and vast reserves of minerals and Galena which holds silver
Add future revenues from Tajikistan and the Romanian mines/projects things are looking promising for long term holders (those of under 1p)...possible re rate
Traded my way from 288000 shares to 629300, now waiting to see next results before deciding what to do next...
After losing money with GGP, Poly and Pog, happy to stick with Vast as the prospects are looking excellent with this share and for once I've managed to buy in at less than a
1p, only way is up with more news from BP, Tajikistan and results in October.
At least this news was taken better, 20% rise was nice, let's see what's left when the day traders have left chasing other rainbows.
Great to read a more positive board this morning and even better molybdenum is up over 3% over the year.
USD metric tonne $42328