Member Info for Zo00m

that's 100M buys in under 10 minutes

time to uptick again ?

Plus 20% will bring people in to see what is going on

.2025 and rising... nice buys still coming in

+15% now - should get it on the radar of some peeps now.

Excellent to see the mine step forward to production.

Getting the sense that confidence is returning.

BP Production in July and if the diamonds ever come to pass as well this is going to go nuts.

GLA

Someone is confident. 40M buys in several transactions

starting to tick up now

Tick....

Investment Case

• Fully funded for completion of Baita Plai Polymetallic Mine Testing in Romania, with positive confirmation
of second batch tests likely to open up significantly cheaper funding (debt) from banks currently in talks
with management over supplying cash needed to recommence mining by the end of 2020.

• Recent positive assays indicate better than expected grade recovery is possible from Baita Plai (RNS12/5/20), particularly with Cu as well as valuable by-products helping to achieve >$10m FCF upon 13ktpm
(management estimates).

• Recent receipt by VAST management that Chiadzwa Community JV to conclude soon with the official
communication only slightly delayed due to COVID-19. Good relationships with key decision makers is likely
to expedite the completion of internal processes and a positive decision likely in the next 4-6 weeks giving
investors the opportunity to invest in an attractive, low capital cost diamond project which benefits from
regional and governmental economic support.

Vast Resources
May 2020
Axis Capital Markets Ltd., Registered in England and Wales no. 08133033. Registered Office: Princes Court, 7 Princes Street,
London, EC2R 8AQ. Authorised and regulated by the Financial Conduct Authority, Firm No. 589327.
Tel: +44 (0)20 3026 0320 Web: www.axcap247.com Email: support@axcap247.com

• Experienced and well-connected board that have relevant mining experience, strong local government
relationships with key decision makers and regional labour force connections that may facilitate permit
approval and granting (particularly in Zimbabwe and local towns). Further updates expected in next 4-6
weeks with current indications that positive announcement is imminent.

• Opportunity to invest in diversified portfolio of assets (Copper, Zinc and Diamonds) with numerous value
inflexion points throughout 2020 that partly de-risks idiosyncratic company risk and allow for the realisation
of early combined +ve FCF circa $10M - $20M for the company as a whole, by 2020.

• Baita Plai Polymetallic Mine in Romania - most potential
near-term catalyst. Fully permitted with low capex/intensity
work required to recommence mining under new efficient
management plans for +ve $8M-$12M FCF FY20 (stand alone).
• Early Confirmatory Test Results Supportive showing
concentrate grades of 20-28% Cu (84-96% recovery rates) as
well as meaningful Mo, Zn & Pb. Further sample results in coming weeks could confirm grade est.
increase.
• Cash sufficient for ALL Baita Plai mine testing allowing for confirmation of recent grade samples and
refinancing under considerably favourable terms (removal of Atlas Debt facility for project). Non-dilutive
funding for investors.
• Chiadzwa Community Diamond Concession is critical to the local Zimbabwe economy and is fully
supported at all government levels. The diamond rich area is now secure with imminent permit news
likely to trigger a FY20 re-rating and give a green light for recommencement of mining in the region.
• Other potential assets within Romania which include Manaila (open pit Cu/Zn), Carlibaba extension
project, Magura Neagra and Blueberry (Au project).

Absolutely, bring it on...

It does look like a good setup and Is getting close to payday. Wonder how the derampers with deal with this update.

Good to see the progress

Interesting post Sarah.

I agree with a lot of what you say. It’s easy to knock someone and look for negatives. I do believe this will come good and it will give us LTHs a cracking return.

I have 60M shares in Vast and have no plans to sell prior to production. Diamonds are a bonus if they can navigate through the local political situation.

The silly little day traders are keeping the price down as they take their 5-10 percent.

Keep the faith.

Despite the placing still sitting blue today

Lots of positive news over the last week or so and the price start to fall yet again.

Think we're being played here ....

Nice £30K buy

And off we go....