Vast Resources (GB:VAST) has released an update.
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Vast Resources reports operational improvements and cost reductions at its Baita Plai and Aprelevka mines, despite a temporary drop in production due to reorganization efforts. The company has streamlined its workforce and focused on high-grade areas to lower break-even production levels, aiming for positive cash flow. Additionally, Vast has increased production throughput at Aprelevka and looks forward to enhanced profitability with new processing equipment.
For further insights into GB:VAST stock, check out TipRanks’ Stock Analysis page.
