Vast Resources (VAST)

Sector:

Mining

Index:

FTSE AIM All-Share

0.18p
   
  • Change Today:
      0.003p
  • 52 Week High: 3.17
  • 52 Week Low: 0.17
  • Currency: UK Pounds
  • Shares Issued: 1,208.61m
  • Volume: 17,792
  • Market Cap: £2.14m
  • RiskGrade: 355

Botswana Diamonds concludes deal with fellow miner Vast, shares jump

By Abigail Townsend

Date: Thursday 04 Oct 2018

LONDON (ShareCast) - (Sharecast News) - Shares in Botswana Diamonds shone on Thursday after the Aim-listed explorer finalised a development deal with fellow miner Vast Resources.
Botswana said it had concluded an agreement to develop Vast's concessions in the "prolific" Marange Diamond Fields (MDF) in eastern Zimbabwe. Vast has exclusive access to the heritage concession in the MDF through an agreement with a local community organisation.

Botswana also announced a second deal with Vast, covering the joint development of diamond properties away from the fields through a 50:50 joint venture, but stressed that the main focus remained on the MDF.

Chairman John Teeling said: "We look forward to working to realise the full potential of this prospective area and others, as they emerge, with Zimbabwe opening up further for business. Work on the initial due diligence is far advanced." He added that there would be further updates on the project "in due course".

Shares in Botswana, which had risen as much as 12% in early trading, were ahead 5% at 98p at midday. Vast's stock was flat at 59p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Vast Resources Market Data

Currency UK Pounds
Share Price 0.18p
Change Today 0.003p
% Change -1.85 %
52 Week High 3.17
52 Week Low 0.17
Volume 17,792
Shares Issued 1,208.61m
Market Cap £2.14m
RiskGrade 355

Vast Resources Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
8.9% below the market average8.9% below the market average8.9% below the market average8.9% below the market average8.9% below the market average
30.3% below the sector average30.3% below the sector average30.3% below the sector average30.3% below the sector average30.3% below the sector average
Price Trend
98.49% below the market average98.49% below the market average98.49% below the market average98.49% below the market average98.49% below the market average
98.58% below the sector average98.58% below the sector average98.58% below the sector average98.58% below the sector average98.58% below the sector average
Income Not Available
Growth
8.56% above the market average8.56% above the market average8.56% above the market average8.56% above the market average8.56% above the market average
14.75% above the sector average14.75% above the sector average14.75% above the sector average14.75% above the sector average14.75% above the sector average

Vast Resources Dividends

No dividends found

Trades for 18-Jun-2024

Time Volume / Share Price
08:11 4,000 @ 0.19p
08:11 526 @ 0.19p
08:11 1,525 @ 0.17p
08:00 11,741 @ 0.17p

Vast Resources Key Personnel

Chair Brian Michael Moritz
CEO Andrew Prelea
CFO Paul Fletcher

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