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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: 0.395 GBX

AIM:VAST
Market: AIM
Market Cap: £40.5 m
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Vast Resources secures $15mln facility to bring Baita Plai and its diamonds...

Vast Resources' (LON:VAST) CEO Andrew Prelea, Andrew Hall who's head of corporate development as well as CFO Paul Fletcher speak to Proactive London's Andrew Scott following the news they've secured a $15mln financing facility. They say the funds will predominantly be used to bring Baita...

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