From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Vast Resources, hits key Romanian milestone

By Robert Tyerman | Saturday 15 August 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Vast Resources (VAST), the AIM-quoted mining hopeful with interests in Central Africa and Eastern Europe, has begun blasting at its 1.8 million-tonne Manaila polymetallic mine in Romania. The company, formerly African Consolidated Resources, will seek to take production there towards 10,000 tonnes of ore per month, having passed what chief executive Roy Pitchford hails as ‘a landmark day in the life of Vast’. Having trebled since early this year to a share price of 1.53p, Vast’s shares put a value of £18.3 million on the company, but how much upside is there from here?


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 13:02:58