Can't believe there is no thread existing on VAST.... lots of good news to come that should build on recent sp gains. imho, dyor

1.475p ( 1.45 / 1.50p )

Early movement up and since 50% retracement. Positive Level 2 of 3 v 1, buyers are back since. Went to 1.925p early June and since had a long retracement

Past NEWS
27/07/15 -- Vast Resources raises c.£1.26m in placing, subscription

Vast Resources has raised about £1.26m before costs through a placing of 45.4m ordinary shares and a subscription of 60m ordinary shares, priced at 1.2p each.

The purpose of the Placing and the Subscription is to provide additional funds to further the Company's opportunities in Romania and also for general corporate purposes.
-----------------
22 July 2015
Vast Resources plc
("Vast" or the "Company")
Manaila mine: fulfilment of conditions precedent

Vast Resources plc, the AIM listed resource and development company, is pleased to announce that all the conditions precedent under the sale and purchase agreement (the "SPA") for the acquisition of a 50.1 per cent. interest in Sinarom Mining Group srl ("Sinarom"), the owner of the 1.8Mt polymetallic Manaila mine located in northern Romania ("Manaila"), have now been fulfilled. Accordingly the SPA is now conditional only upon the requirements of Romanian law which provides that any company share sale be gazetted for a period of 30 days before the transfer can be registered at the Romanian Trade Registry ("Registration"). The sale of shares in Sinarom to Vast has already been gazetted and the Company is not aware that there could be any possible valid objection. It is expected that Registration will become effective on or around 20 August 2015.

As announced on 17 July 2015, Vast has already taken over management of Sinarom under a power of attorney and progress towards recommencing production at a rate of approximately 10,000 tonnes per month is well advanced.
--------------------
2 July 2015
Vast Resources plc
("Vast" or the "Company")

Progress Update - Pickstone-Peerless Gold Mine

On-Track to Commence First Gold Production in August 2015 at Pickstone-Peerless Gold Mine

Vast, the AIM listed resource and development company, is pleased to announce that strong progress is being made in advancing the Pickstone-Peerless Gold Mine in Zimbabwe into production in August 2015. The mine is being commissioned, with an estimated annualised gold production of circa 10,000oz Au expected from the targeted initial mining rate of 10,000 tonnes of ore per month from the open cast oxide gold cap.

Overview

First two blasts, one at the Pickstone open cast pit and one at the Peerless open cast pit, have been completed
Run-of-mine ore stockpile is being built at the feed-pad to the crusher ready for the wet commissioning of the crusher circuit:
The circuit, consisting of a primary crusher, two secondary crushers and a cone crusher, is complete - commissioning expected to take place imminently
Completion of the crushing circuit will release additional construction personnel to be allocated to the milling circuit and the carbon-in-leach/carbon-in-pulp tanks
Electrowinning (the recovery of metals from their ores that have been put into solution by means of electrical methods) and gold production facility is complete
Ancillary facilities such as the laboratory, accommodation and mine offices are complete
First gold production scheduled for August 2015
First round of grade control drilling has been completed confirming the initial grades expected of approximately 3.0 grams per tonne
--------------------
10 June 2015
Vast Resources plc
("Vast" or the "Company")

Potential acquisition of an interest in Manaila mine

Vast, the AIM listed resource and development company, announces that it has progressed the its diligence investigation on the currently operating open pit polymetallic Manaila Mine ("Manaila") in Suceava County, northern Romania to an advanced stage further to a pre-sale agreement to purchase a 50.1 per cent. interest in Manaila via an acquisition of 50.1 per cent. of the issued share capital of Sinarom Mining Group SRL ("Sinarom"), the company which currently owns Manaila (the "Pre-Sale Agreement"). The Pre-Sale Agreement between the Company and Ni Jin Ming (the "Vendor"), is subject to completion of satisfactory due diligence by Vast and to the conclusion of a detailed sale agreement, solely at Vast's discretion, but has provision for penalties of US$2m in favour of Vast should the Vendor choose not complete the transaction. The due diligence and subsequently the final transaction document are expected to be completed within the next three weeks.

Further updates in relation to the satisfaction of conditions precedent to the Pre-Sale Agreement and the final sale agreement will be made in due course.

As announced on 10 December 2014, Vast is investigating a number of opportunities in Romania. Further to the Company's announcement on 24 March 2015, Manaila will complement the Company's existing interest in the Baita Bihor Polymetallic Mine and is proximal to the polymetallic interests of the Romanian State mining company, Remin SA, having been formerly owned by Remin SA prior to the state company's closure.

The Pre-Sale Agreement summary

At its sole discretion, Vast will acquire a 50.1 per cent. interest in the share capital of Sinarom for a nominal sum, with the Vendor retaining a 49.9 per cent. interest.

Vast has the right, but not the obligation, to lend Sinarom up to US$5m for the purpose of rehabilitation or further development of Manaila without any dilution of Vendor's 49.9 per cent. interest (the "Rehabilitation Loan").

Dividends or equivalent distributions will be paid from Sinarom as soon as lawfully possible in priority to repayment of the Rehabilitation Loan until Sinarom has paid aggregate dividends or equivalent distributions of US$5m. Thereafter the Rehabilitation Loan will be repaid in priority to further dividends.

Vast will assume management control of Manaila on signing of the final sale agreement.

All shaping up good isn't it? imho...
Lots of good news to come...

today is the day 1.575p + 0.275 (+21.57%)

very large volume 30.8M with plenty of sellers on the way up

Possible reasons of the rise.... RNS on the 20th that revenue would be generated by the end of the month.... already there

"The commencement of gold production at Pickstone-Peerless Gold Mine in Zimbabwe, following the commencement of production at the Manaila Polymetallic Mine in Romania, will be a further step in the process of transitioning Vast into an operating mining entity. With first gold sales targeted for the end of the month, we will have revenue from two operating mines"

All looking good!

1.50p +0.10p

on the way up today keeps doing those spikes and then down again, but could be the change of direction on the chart.

we must be very close to Licence news
also
Zak Mir reiterated 2.5 p shorterm yesterday it seems reading somewhere else

is going places now 1.55 v 1.60p

level 2
2 at bid for only 1 at offer

narrowing the BB on being close to the floor

every buy is at higher price
Starting earlier at 1.615p , 1.6288p 1.63p and now a few at 1.64p
spread 1.55 v 1.65p with level 2 of 2 v 1

Had yesterday a 61.8% retracement on reaching 1.525p, should be bouncing from that point

Expected AGM at 2.30pm today

has been holding around the 1.60p for a couple days, waiting for positive news

Yep, holding and waiting for more good news..good level to top up imho

Recent movement lower was a good chance to get some more at 1.50p
They were asking for premium online but got it on the phone alright

1.475p +0.10p +7.27%

Looks like has finally reached the bottom, as is with volume 20M so far
a rise of $12 on the GOLD price helps now spiking

The 78.6% retracement was the bottom this time

1.525p +0.15p

has been holding around those lows far too long now, as the MM (SCAP ) was lowering to 1.40p offer at the end of the day, after being all day at bid.

Finally today by the volume on the ticker 11M should be the day to move forward, though will be volatile yet.

50% share of Pickstone Peerless Gold Mine (Zimbabwe) – 3.56m oz of gold
50.1% share of Manaila Polymetallic Mine (Romania) – 1.8Mt resource

Still to come – the bigger share

80% share of Baita Plai Polymetallic Mine (Romania) - 1.8Mt resource

Plus the Romanian senior management will swop their 20% in BP for shares in VAST giving VAST 100% once the licence lands.

http://www.barchart.com/snapopinion/stocks/VAST.LS

Good to see the bottom looks to have been hit.
Looking forward to see what next week has in store.
Resistance is at 1.75 so be good to break that on the next few sessions if we get no news for a week or so.

We did had a good run by the end of last week...........

Prepare For The Most Epic Bull Market in Gold Stock History
Tuesday October 06, 2015 14:44
kitco.2015-10-06/-Prepare-For-The-Most-Epic-Bull-Market-in-Gold-Stock-History
Palisade Radio Host, Collin Kettell: On the show today we have a very popular guest back with us, but before we start, thank you to everyone who participated in our free book giveaway at www.palisaderadio.com over the last two weeks. Also, we want to welcome First Majestic Silver Corp. on as our new lead sponsor for Palisade Radio. It is a pleasure working with such a renowned team led by CEO Keith Neumeyer.

Now let us welcome David Morgan on the show. Publisher of www.silver-investor.com, David has a wealth of knowledge on the precious metals sector. He has dedicated much of his life to the space. While this interview is merely a foretaste, David’s new book, The Silver Manifesto, gives you his full thesis. David, welcome back on the show.

Publisher of Silver-Investor.com, David Morgan: Collin, thank you very much. The website is www.silver-investor.com, but the report is called The Morgan Report. As you know, Collin, it is mining metals and mining. We look at the entire resource sector, not just silver and gold, although that is our main focus. We have looked at almost any type of resource company you can name. In fact we actually put in an oil selection in recently. It is the first time we have done that outside of one of the streaming companies that does gold and oil. So, anyway, just to be clear, the publication is called The Morgan Report. Thank you.

CK: Thanks for that, David. I think it is fair to say that things are warming up and the shit’s inching ever closer to hitting the fan. A bloodbath is not quite here yet, but all the signs are pointing to a very ugly next six months.