2018 looks to be a pivotal year for Vast as the company seeks to turn Manaila to account, and flip the needle towards being a cash flow positive operation, and re-open Baita Plai. In addition to ironing out operational inefficiencies and ramping up the quantity and quality of concentrate production at Manaila, Vast is chomping at the bit to push the button on a major expansion to unlock the value of its Romanian assets. Financing remains the key to unlocking this plan.
22 Jan 2018
2018. Year of the litmus test
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2018. Year of the litmus test
Vast Resources plc (VAST:LON) | 0.4 0 6.0% | Mkt Cap: 4.09m
- Published:
22 Jan 2018 -
Author:
Phil Swinfen -
Pages:
5
2018 looks to be a pivotal year for Vast as the company seeks to turn Manaila to account, and flip the needle towards being a cash flow positive operation, and re-open Baita Plai. In addition to ironing out operational inefficiencies and ramping up the quantity and quality of concentrate production at Manaila, Vast is chomping at the bit to push the button on a major expansion to unlock the value of its Romanian assets. Financing remains the key to unlocking this plan.