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Vast Resources eyes Baita Plai start-up

The company updated on the progress of its key projects.

Vast Resources PLC - Vast Resources eyes Baita Plai start-up

Vast Resources PLC (LON:VAST) told investors that it continues to expect the start of production from the Baita Plai polymetallic mine in Romania.

In a project update, it said: “The company can confirm as matters stand that the previously announced shipping updates made on 16, 18 and 20 March 2020 remain on track and also that the company still maintains the Baita Plai target for the commencement of production announced on 10 March 2020.”

READ: Vast updates equipment shipments from China

Last week, Vast confirmed that shipments of equipment for the project was being mobilised from China.

Vast, meanwhile, noted that it also continues to expect the conclusion of its joint venture a the Chiadzwa Community Diamond Project, in Zimbabwe, by the end of March.

Quick facts: Vast Resources PLC

Price: 0.173 GBX

Market: AIM
Market Cap: £19.54 m

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