Vast Resources PLC

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Market Cap:
£31.15 m
0.26 GBX
52 weeks high
52 weeks low

Vast Resources has a long-standing presence on the ground in both Romania and in Zimbabwe. It is focussed on establishing a portfolio of productive assets in these two countries in the near term and moving its pipeline of brownfield and appraisal opportunities up the development curve. This is intended to give shareholders exposure to a diverse range of commodities including copper, gold, silver, zinc, lead and diamonds from several different mining operations in two highly prospective jurisdictions.

The Company’s priority is on the advancement of its two primary value drivers, the Baita Plai Polymetallic Mine in Romania, and the Heritage Diamond Concession in Zimbabwe, into production in 2019.

The Company also has exposure to a pipeline of development and appraisal opportunities in Romania offering additional upside to Vast.


To read more, please click here.

Andrew Prelea
Chief Executive Officer

Andrew has been involved with Vast since 2013 and has spearheaded the development of the Company’s Romanian portfolio. Beginning his career in the early 1990s as a bulk iron ore and steel trader in Romania, he then went on to develop his career in the property and earthmoving sector in Australia before returning to Romania in 2003, initially to focus on the development of properties for the Romanian Ministry of Defence and latterly, private sector developments. Throughout his 26 year career, Andrew has developed extensive investor and public relations experience and has advised the Romanian government on wide ranging high-level topics including social housing and economic policy. He has built a strong network of contacts across the mining and metals industries and Europe and southern Africa, in addition to policy makers and governmental authorities.


Brian Moritz

Brian is a Chartered Accountant and former Senior Partner of Grant Thornton UK LLP, London; he formed Grant Thornton's Capital Markets Team which floated over 100 companies on AIM under his chairmanship. In December 2004, he retired from Grant Thornton UK LLP to concentrate on bringing new companies to the market. He specialises in natural resources companies, primarily in Africa, and was formerly chairman of Metal Bulletin plc, African Platinum plc and Chromex Mining plc as well as currently being chairman of several junior mining companies.


Roy Tucker
Finance Director

Roy is a Chartered Accountant with 43 years of high level and broad spectrum professional and business experience. He has been the founder of a London banking group, served on bank boards and had a position as a major shareholder of a substantial London commodity house. He is also the founder of Legend Golf and Safari Resort in South Africa. He has substantial investment in the Romanian property sector.


Craig Harvey
Chief Operating Officer

Craig began his career with Gold Fields of SA in 1988 as a bursary student in Economic Geology where he worked on various gold, platinum, coal and exploration projects. At Harmony Gold he managed the mineral resources on various operations and was involved in due diligence on acquisitions. He joined Simmer and Jack with a focus on shallow hydro-thermal gold deposits in the Eastern Transvaal and later moved into a corporate role managing and auditing the mineral resource process across all gold and uranium operations. Craig spent 3 years in a Principal Consultant role for Ravensgate based in Perth, Australia, where he conducted numerous resource estimations, valuations and technical reports mainly in gold, uranium, copper and iron ore. Craig joined Vast Resources as a consultant in 2013 and became Chief Operating Officer in March 2017. During his tenure with Vast Resources, he has been heavily involved in both Zimbabwe and Romania.


Eric Diack
Non-Executive Officer

Eric is a Chartered Accountant with many years’ experience in the mining and industrial landscape. Eric is the former CEO of Anglo American Ferrous Metals Divisions, and has served on numerous major listed and unlisted company boards, mainly associated with Anglo American. He is currently a member of the Bidvest Group and Aveng boards which are large South African listed companies with extensive international operations.


Nick Hatch
Non-Executive Director

Nick has 35 years’ experience in mining investment banking, primarily as a mining analyst and in managing mining & metals research and equities teams. He was most recently Director of Mining Equity Research at Canaccord Genuity in London. Nick’s experience includes researching and advising on mining companies and projects across the globe and across the commodity spectrum and includes companies of all sizes. Nick left investment banking in 2017, and has recently set up his own company, Nick Hatch Mining Advisory Ltd, to provide mining research, business development and financing advice. He holds a degree in Mining Geology and is a Chartered Engineer.


Paul Fletcher
Chief Financial Officer

Paul has 25 years’ experience working in the commodity and financial services industries. He has held a variety of senior international finance and operational roles in trading, processing, and financial businesses in the US, Europe, and Asia, most recently with Bunge, the US agribusiness and food company, as Global CFO & Controller of Bunge Financial Services, a Bunge group business unit providing financing and risk management solutions, and as Treasury and Trading Product Line Controller. Prior to joining Bunge, Paul held various senior roles within Cargill’s energy business and internal audit, PepsiCo Snacks and KPMG.


Andrew Hall
Head of Corporate Development & Investor Relations 

Andrew works closely with the board of directors and is responsible for Vast’s strategic business initiatives, capital raising, joint venture opportunities and investor relations. He has a background in natural resources and finance linked businesses. Before joining Vast, Andrew worked at a natural resources focused merchant bank where he established and managed the alternative finance distribution business covering asset managers, private equity, investment banks, family offices and trading houses. He also serves as a non-executive director of an oil & gas consultancy and an advisor to a UK based family office.

Vast Resources

Email: [email protected]

T: +44 (0) 1491 615 232

Please click here for shareholder information 

Nominated and Financial Adviser

Beaumont Cornish Limited

2nd Floor, Bowman House

29 Wilson Street

London EC2M 2S


Joint Broker

SP Angel Corporate Finance LLP

35 Maddox Street

London W1S 2PP


Joint Broker

SVS Securities Limited

4th Floor, Princes Court

7 Princes Street

London  EC2R 8AQ


Auditors to the Company and Reporting Accountants

Crowe Clark Whitehill

St. Bride’s House

10 Salisbury Square

London EC4Y 8EH



Link Asset Services

The Registry

34 Beckenham Road


Kent BR3 4TU



Barclays Bank PLC

1 Churchill Place

Canary Wharf

London E14 5HP

Standard Bank Isle of Man Limited

Standard Bank House

1 Circular Road Douglas

Isle of Man 1M1 1SB


Financial Public Relations & Investor Relations


4-5 Castle Court

London  EC3V 9DL