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Gold heading towards an all time high, also steady increases to silver, molybdenum, zinc and copper price since new year
With the increased commodity prices the time may be right to open Manlaia, Faneata and Blueberry
Blueberry which Vast has a 29% interest at a cost of $1million is situated in the Golden Quadrilateral and with increased gold prices looking ideal for the IPO that AP wants (AP personally has a few % interest in this mine)
Not long until the Q4 results, it will be interesting to see what AP has achieved
Isn't it amazing how many derampers follow this so called 'worthless company', day after day, month after month and for some about 4 years of constant moaning (did they notice or care that most of us including Vast went through a pandemic, Ukraine war and Chinese lockdowns)
Argument is running thin with no placement and rises in copper, molybdenum, zinc, gold and silver.
Looking forward to the Q4 results
We all understand your pain, always said to my eldest kid, as soon as you hit 18 put it in shares but not AIM. After covid and war, its been a bad 3 years for investors, she's seen how stressed I've been and has been put off buying shares for life and will probably stick to buying sneakers instead...
As for us who stuck it out, things are looking up, since the New Year, copper, zinc, gold and silver have risen, even molybdenum jumped 56% on friday, with these increases Vast may even open up their mines on care and maintenance (2023 commodity supercycle)
Add in our free ride in Tajikistan and I'm looking forward to investing this year...sticking with Vast and might buy a few shares in JDSports
Zinc also doing nicely, Chinese New Year may slow down price rises though...
Gold about to break through $1900
Excellent post thanks
Wow, sandyshore wrote that, things must be on the up...
Copper and zinc rising nicely since New Year, China reopening, other miners are seeing rises in their SP, we're in for a great 2023
I get back off my holidays and notice our usual expert derampers and shorters have been busy, even between Xmas and New Year, 7am sharp, you had a good update for your 25% and with your unrelenting deramping the upcoming Q4 may get you another large percentage
It's a shame the new investors can't see through all your bull, they'll learn
Like I've said in the past I'll worry when the institutional investors pull out and not by taking notice of the local online tag team
It's the same with their lithium, they want the EV batteries made in Zimbabwe instead of the lithium being shipped out, the people of Zimbabwe are finally learning how to do business and provide jobs, so it's not just Vast Resources they don't trust
It's the reason Vast has moved into Tajikistan, that country want miners and also gives decent tax advantages, plenty of future opportunities in Asia
If Tajikistan is good enough for Glencore and the Chinese it's good enough for Vast...
I'm about the same, does worry me sometimes but updates from BP in Jan and Tajikistan will give this SP a boost
Had a quick look through Google for close examples of miners selling copper concentrate (Anglo Asian Mining PLC 28 May 2014) and in 2013 when copper was at about 3.17lb 550 WMT worth about $6million when sold to Glencore
Vast are close to shipping the same amount of over 550 WMT, so at todays copper price of 3.76lb surely this would be around the same... $6million
This would explain the reason for the update resource report on BP, its better than they thought
So it looks like all debts will be paid off sooner than we thought
Many AIM small miners are suffering due to pandemic, war and recession, some have been suspended, many investors especially the young have withdrawn their money so no one is investing anymore...can you blame them with the rubbish they read on these BB
Trafigura, large investors, Tajikistan's leaders and the British Embassy believe in Vast, commodity prices are rising and if we are lucky the Chinese and Russian leaders will hopefully grow up and stop their idiocy, when they do everybody can get back to normal
It's all going to take time and patience
Derampers and shorters have been busy recently, usual comedy gold
Copper, gold, silver, zinc and molybdenum prices still rising
Goldman Sachs says Copper to reach $11000 in a year which is good news for Vast
We now just need Vast HQ to wake up and issue some decent updates
Predictable sell this morning, absolutely no patience, day traders losing money chasing the next rainbow.
Long term investers now wisely buying after 6% drop, looking forward to more updates from now until early January
If AP was British his past endeavours would be ignored, we have worse than him in our UK Councils, Parliament, Lords, Banks, they all screw taxpayers over, make expensive mistakes and nobody gives a damn, they all move on to the next disaster
But God help if a foreign businessman makes mistakes, he's a crook and a spiv, doesn't matter if a war or pandemic gets in the way its simply not good enough for some
AP has recently incorporated another business, it's been done the same way as Blueberry and Central Asia Investments using the same directors and secretary, let's wait for an RNS before some on this BB discredit him
I bought in below 1p and don't care about his past, he's not an angel but there again neither are the bosses at Glencore and the other big miners, he's heading in the right direction, making decent connections and could make us all money in the process (especially if you've bought in recently)
VRP incorporated on 24 November 2022, Andrew Prelea, Nature of business...Mining of other non-ferrous ores
Seems to be set up like EMA Resources LTD was for the Blueberry Project, same secretary etc
December should be an interesting month
Moan moan moan, jesus, where's the can do attitude that made this country great, the Victorian engineer's never gave up and look what they achieved, no wonder the Australian's, American's and Canadian's are ahead of us in Europe when it comes to mining... wouldn't Gold Rush and Gold Rush White Water be short seasons if they all gave up so easily.
If this rumour is true and Vast is with a group of partners this is big money, it was in the past but the Romanian government was involved, this time it will be ran by a group of miners who know what they are doing using up to date knowledge, machinery and money...could be Trafigura or even the Chinese, who cares as long as they are willing to invest with Vast
As usual the derampers/shorters and those who bought in at 50p are still desperate to keep this SP low, IF the rumour is true and with updates on BP, Tajikistan and rising commodity prices they will not be able to hold this share price down any longer
Info on Remin can be found through 'The Mineral Industry of Romania by Walter G. Steblez', also Romania Insider from 23 May 2013 when Vast was African Consolidated Resources Plc
Commodity price for gold, silver, molybdenum, copper and zinc up again this month
Romanian assets (now and future) and mining in Tajikistan are now starting to pay off, this explains the recently increased holding by John Nettleton
Not disputed and for long term holders very painful, but at 0.23p, fairly recent and new holders get BP, Blueberry, Tajikistan and the rest of the Romanian portfolio.
BP and Tajikistan are producing with new machinery, Trafigura as an off take partner. Waiting for updates in January.
AP obviously knows the right people in Romania this will help move things along and I doubt he is going anywhere, things are slowly getting done so may aswell get behind him and for this SP to rise is look forward to the Russians ending their war, China ends it's threats against Taiwan and constantly closing down for Covid and the rising of commodity prices.
Like the one that's on Netflix at the moment, all that ancient gold around our Blueberry mine
Should give the 300 BP staff a metal detector each, tell them to get over to the Blueberry mine and get on with it, find that gold, ancient or not
AP then is not liked by many on here, fair enough, I've read about his past before Vast but so what, I've also had some right devious bosses over 40 years, but their businesses always did well, that devious behaviour worked well for them and their business as it will for AP
Trafigura, Tajikistan and the UK Embassy believe in him,
So if you've lost money, hate Vast and AP, why are you still on this board, if you've watched your investment drop over 95% why the hell didn't you pull out earlier and if you think he's done anything illegal contact the relevant authorities, attend every meeting he holds and complain, head down to the head office and complain, write letters and send emails to all the ii and investors with large holdings and warn them, but he hasn't has he, a pandemic/war and African leaders being awkward has made his job difficult but he's got through it and BP and Takob are producing, he's also bought quality equipment that many other miners around the world use.
Mining is expensive, most fail, perhaps you should of purchased books on mining and valuations before investing in AIM miners.