Vast Resources shares fall after Baita Plai update

Shares in mining company Vast Resources were in the red on Monday afternoon, after it updated the market on progress at its Baita Plai Polymetallic Mine in Romania.

The AIM-traded firm said the shipping schedules of the remaining containers of equipment, as it announced on 8 June, remained on track, with the arrival of the fourth shipment of equipment at the Port of Constanta in Romania on Monday morning.

“The remaining containers are expected to arrive during the course of this week,” the board said in its statement.

“The company will release footage of these remaining containers being unloaded at Baita Plai on social media ahead of the commencement of production this month.”

At 1224 BST, shares in Vast Resources were down 6.47% at 0.24p.