Sent out to ma group yesterday:

Hi friends,
Justposted on Vast forum.
Underpriced,based upon misunderstanding news release.
Justda way I see dat!
Incase yas dinna understand ma previous post.
Niko is carrying Vast in thisdrilling.
Vast still owns 34.78% of this prospect.
The previous NR causedshare price to tank.
This funny worded NR is hard to understand, but issupposed to clear the situation and allow the price to move back up.
Niko hasalready started drilling.
If you think, price is going down, stay away.  Butda Rock thinks price is going to 50 cents soon.
Just da way I seedat!



CALGARY,ALBERTA--(Marketwire - August 29, 2011) - Vast Exploration Inc. ("Vast" or the"Company") (TSX VENTURE:VST -News)announces that it has entered into an Encumbrance for Financing Agreement("Financing Agreement") with Nikoresources (Kurdistan) Ltd. ("Niko") in regardto the Qara Dagh Block in Kurdistan. Under the terms of the Financing AgreementNiko will provide financing of US$9,000,000 to be used by Vast to payoutstanding amounts to Niko under a joint operating agreement as well as to fundfuture expenses related to the deepening of the Qara Dagh well to 4,150 meters.Niko will, additionally, provide financing to Vast in regard to 34.78% of Vast'sshare of the cost of all operations going forward. "Nikohas loaned Vast $9 million to use in funding the deepening of QaraDagh."
Inreturn, Vast will have the obligation, in the event that a commercial discoveryis made and produced, to pay Niko an amount equal to the net proceeds of saleassociated with an undivided 12% interest in the Qara DaghBlock. 
"Vastwill pay Niko a dollar amount equal to 12% of block value."
Suchfinancing arrangements have been put in place pending Kurdistan RegionalGovernment approval of the sale by Vast to Niko of an undivided 12% interest inthe Qara Dagh Block.
The Financing Agreement with Niko remains subject toreceipt of approval, if necessary, of the TSX Venture Exchange.
DaRock concludes that Vast still owns 37.5% share and just owes some money toNiko.
Whatis not said, is the date of valuation of monies owing.  However, the key isstill owning 37.5% share of Qara Dagh Well!
Justda way I see dat!