Vast Resources PLC. Stock Analysis VAST.L

Vast Resources Plc engages in the exploration and development of mineral properties in Romania and Zimbabwe. The company is headquartered in Maidstone, Kent and currently employs 167 full-time employees. The company went IPO on 2006-06-30. The company has mines and projects in Romania, Tajikistan and Zimbabwe. Its operations include Baita Plai Polymetallic Mine; Manaila-Carlibaba Project; Zagra Licences; Blueberry Gold Project; Chiadzwa Community Concession, Marange, and Tajikistan. Its Romanian portfolio includes 100% interest in Vast Baita Plai SA which owns 100% of the producing Baita Plai Polymetallic Mine, located in the Apuseni Mountains, Transylvania, an area which hosts Romania's largest polymetallic mines. The Zagra Licences include Piciorul Zimbrului & Magura Neagra prospects. The company has an interest in a joint venture company which provides exposure to a near term revenue opportunity from the Takob Mine processing facility in Tajikistan. The company has also been contractually appointed to manage and develop the Aprelevka Gold Mines. The company holds a 29.41% interest in the Blueberry Project, a 7.285 square kilometers brownfield area of prospectivity in the Golden Quadrilateral.