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Vast Resources 'fully funded to production' at key projects in Zimbabwe and Romania

Vast Resources PLC's (LON:VAST) Andrew Prelea tells Proactive London's Andrew Scott they're now fully financed through to production at their flagship projects in Zimbabwe and Romania following a £1.8mln placing and US$13.5mln finance facility.

''I'm quite happy to say this is the first time in the company's history  it's ever shown a profit on paper ... which makes us a lot more attractive for institutions  and more importantly lending institutions''.

 

Quick facts: Vast Resources PLC

Price: 0.29 GBX

AIM:VAST
Market: AIM
Market Cap: £29.79 m
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Vast Resources team discuss cold commissioning of Baita Plai & first broker note

Vast Resources PLC's (LON:VAST) Andrew Prelea and Paul Fletcher caught up with Proactive London's Andrew Scott following the announcement of cold commissioning at the Baita Plai polymetallic mine in Romania. They also highlight the initiation of coverage by SP Angel and the potential upside...

on 16/12/19

2 min read