Subscribe Now - Click Here:       1 Year for only $149   or   3 months for $99

Category: Junior: Small Producer
Rating & Risk: Login to view
Vast Resources Plc
www: www.vastresourcesplc.com     email: roy.tucker@afcrplc.com

Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
LON:VAST GBX

Description

Vast Resources Plc are a gold focused junior, small producer with one mine in development in Zimbabwe and three exploration properties. They have approximately 3Moz. of gold in the reserves and resources category of which 1.5Moz. are in the measured and indicated category. They have a market capitalisation of ~$35.73M which is a fall of roughly 33% over the last two months. As of 10/21/2018 they have ~$22M debt and ~$1.3M cash. They have 5,373M shares outstanding and trade on the London Stock Exchange.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 10/21/2018
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $53.16M $35.73M 10/21/2018 $-17.43M
Total Assets: $56.00M $56.00M 10/21/2018 $0.00M
Total Liabilities: $60.00M $60.00M 10/21/2018 $0.00M
Current Assets: $10.00M $10.00M 10/21/2018 $0.00M
Current Liabilities: $10.00M $10.00M 10/21/2018 $0.00M
Total Debt: $22.00M $22.00M 10/21/2018 $0.00M
Cash: $1.30M $1.30M 10/21/2018 $0.00M
Enterprise Value: $73.86M $56.43M 10/15/1971 $-17.43M
Cash Flow: $0.28M $0.40M never $0.12M
Cash Flow Multiple: 191.06 89.32 never -101.74
Net Debt to
Cash Flow Ratio:
74.39 51.74 never -22.65
Finance within 1 year: Yes Yes 10/21/2018 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 10/21/2018 0.00%
Misc 10/21/2018
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 5,373,000,000 5,373,000,000 10/21/2018 0
Shares (FD): 6,400,000,000 6,400,000,000 10/21/2018 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a n/a 10/21/2018 n/a
Production (Gold Eq Oz.): (guess) 
15,000
(guess) 
15,000
10/21/2018 0
Production (Silver Eq Oz.): (guess) 
1,260,103
(guess) 
1,277,270
10/21/2018 17,167
Initial CapEx (Outstanding): $3.50M
6.58% of Mkt.Cap
$3.50M
9.8% of Mkt.Cap
10/21/2018 $0.00M
Funding Option: n/a n/a 10/21/2018 n/a
Documentation: none PRODUCER 10/21/2018 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 10/21/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: 0.50M 0.50M 10/21/2018 0.00M
Measured & Indicated: 1.50M 1.50M 10/21/2018 0.00M
Inferred: 1.50M 1.50M 10/21/2018 0.00M
Reserves & Resources: 3.00M 3.00M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: 0.45M 0.45M 10/21/2018 0.00M
Measured & Indicated: 1.17M 1.17M 10/21/2018 0.00M
Inferred: 0.68M 0.68M 10/21/2018 0.00M
Reserves & Resources: 1.85M 1.85M never 0.00M
C
U
R
R
E
N
T
Annual Production: (guess) 
15,000oz.
(guess) 
15,000oz.
10/21/2018 0oz.
Cash Cost: $800 $800 10/21/2018 $0.00
Extra Operating Cost: $400 $400 10/21/2018 $0.00
Average Grade: 1.50 g/t 1.50 g/t 10/21/2018 n/a
Recovery Rate: (CG)  90.00% (CG)  90.00% 10/21/2018 0.00%
F
U
T
U
R
E
Proven & Probable: 1.50M 1.50M 10/21/2018 0.00M
Annual Production: 50,000oz. 50,000oz. 10/21/2018 0oz.
Cash Cost: $800 $800 10/21/2018 $0
Extra Operating Cost: $400 $400 10/21/2018 $0
SILVER 10/21/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 10/21/2018 0.00M
Measured & Indicated: n/a n/a 10/21/2018 0.00M
Inferred: n/a n/a 10/21/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 10/21/2018 0.00M
Measured & Indicated: n/a n/a 10/21/2018 0.00M
Inferred: n/a n/a 10/21/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 10/21/2018 $0.00
Extra Operating Cost: n/a n/a 10/21/2018 $0.00
Average Grade: n/a n/a 10/21/2018 n/a
Recovery Rate: n/a n/a 10/21/2018 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 10/21/2018 0.00M
Annual Production: n/a n/a 10/21/2018 n/a
Cash Cost: n/a n/a 10/21/2018 n/a
Extra Operating Cost: n/a n/a 10/21/2018 n/a

Property

Last Analysis Data  (10/21/2018)
Stage Location Name Owned Type Au Ag Cu Notes
Development South Africa, Zimbabwe Pickstone/Peerless 50% (guess) Both show
3.5 million oz deposit (the get 50%)

Only $18 million capex

72% IRR.
Exploration Romania Baita Bihor 80% (guess) n/a show
400,000 oz deposit (gold equivalent), with exploration potential.

Copper, Gold, Silver, Lead, Zinc.
Exploration South Africa, Zimbabwe Gadzema 100% (guess) n/a n/a
Exploration S, Zimbabwe Giant 100% (guess) n/a n/a
Current Data
Stage Location Name Owned Type Au Ag Cu Notes
Development South Africa, Zimbabwe Pickstone/Peerless 50% (guess) Both show
3.5 million oz deposit (the get 50%)

Only $18 million capex

72% IRR.
Exploration Romania Baita Bihor 80% (guess) n/a show
400,000 oz deposit (gold equivalent), with exploration potential.

Copper, Gold, Silver, Lead, Zinc.
Exploration South Africa, Zimbabwe Gadzema 100% (guess) n/a n/a
Exploration S, Zimbabwe Giant 100% (guess) n/a n/a

Profitability (by resource)

Proven &
Probable
10/21/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.50M 0.50M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.57M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.45M 0.45M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.52M
Maximum Profit (Gold): $8.35M $12.00M n/a $3.65M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $8.35M $12.00M n/a $3.65M
Max Profit / Current MCap: 0.157 0.336 n/a 0.179
Max Profit Per Share (Gold): $0.00 $0.00 n/a $0.00
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.00 $0.00 n/a $0.00
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $118.14 $79.40 n/a $-38.73
FD Mkt. Cap / Silver Eq.: $1.41 $0.93 n/a $-0.47
FD Mkt. Cap / Per Metal
as % Spot Price:
9.63% 6.41% n/a -3.22%
Measured &
Indicated
10/21/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.50M 1.50M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 1.72M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.17M 1.17M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 1.34M
Maximum Profit (Gold): $21.70M $31.20M n/a $9.50M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $21.70M $31.20M n/a $9.50M
Max Profit / Current MCap: 0.408 0.873 n/a 0.465
Max Profit Per Share (Gold): $0.00 $0.00 n/a $0.00
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.00 $0.00 n/a $0.00
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $45.44 $30.54 n/a $-14.90
FD Mkt. Cap / Silver Eq.: $0.54 $0.36 n/a $-0.18
FD Mkt. Cap / Per Metal
as % Spot Price:
3.70% 2.47% n/a -1.24%

Reserves &
Resources
10/21/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 3.00M 3.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 3.43M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.85M 1.85M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 2.11M
Maximum Profit (Gold): $34.22M $49.21M n/a $14.98M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $34.22M $49.21M n/a $14.98M
Max Profit / Current MCap: 0.644 1.377 n/a 0.733
Max Profit Per Share (Gold): $0.01 $0.01 n/a $0.00
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.01 $0.01 n/a $0.00
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $28.81 $19.37 n/a $-9.45
FD Mkt. Cap / Silver Eq.: $0.34 $0.23 n/a $-0.12
FD Mkt. Cap / Per Metal
as % Spot Price:
2.35% 1.56% n/a -0.79%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×
Register for a FREE account
  • Get Don's "Guide to valuing mining stocks", which features as a chapter in his book.
  • Set up stock alerts
  • Join our mailing list (Don's thoughts)*
  • Try out searching, portfolios and other paid features.
* Average email frequency will be no more than 2-3 times per week
Processing

Thank you for registering!

We have sent you an email to verify your address. Please click the link or paste it into your web browser to confirm your subscription and receive your free chapter.