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Vast Res Share Chat (VAST)



Share Price: 0.12Bid: 0.115Ask: 0.125Change: 0.00 (0.00%)No Movement on Vast Res
Spread: 0.01Spread as %: 8.70%Open: 0.12High: 0.1225Low: 0.1175Yesterday’s Close: 0.12


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2pence
Posts: 1,942
Opinion:No Opinion
Price:0.16
Diamond backing
19 May '19
From the original RNS

Statement from the Minister for Provincial Affairs in Manicaland:

“I am pleased to have had the opportunity to meet the team from Vast Resources, a London Stock Exchange listed company which is not new to our country. VAST Resources has been operating in Zimbabwe since 2004, with gold mining operations in the Chegutu area, and recently in Guruve at Eureka Gold Mine, so they are very well versed with the dynamics of our country.

Vast Resources has plans to work with our local people in Marange. Indications are that so far the process of engagement has been very promising and remains positive. My office commends this, as this is a classic case of us showing that Zimbabwe and indeed Manicaland is open for business and we are already engaging and re-engaging with those that are willing to do business. Our country, and indeed the area of Diamond deposits for example remains one that is largely untapped and presents numerous opportunities for us and would be partners to extract value that will benefit the people of Manicaland.

I was most impressed by the vision as espoused by the organization’s CEO, Andrew Prelea and the organizations’ modus operandi. For a change, we appear to be engaging with an organization that understands that the community is indeed a major stakeholder who should participate in the realization of value from its natural endowments.

It is my hope that Vast Resources continues the process of engagement with transparency and with the authenticity they have so far demonstrated. Our country is open for business and I am positive everything will be done to ensure that the ongoing engagements will result in mining operations. I also hope that VAST Resources can go out there and tell their story and share their experiences about Zimbabwe, under the new dispensation so far. It is my hope that this is only the beginning of very big things to come. We are inviting more investment, from both our local partners and foreign partners as we embark on a journey to making Zimbabwe an upper middle income economy by 2030, a vision that has been expressed by our President, His Excellency E.D. Mnangagwa.”

Hon. Dr. Ellen Gwaradzimba (Sen)
Minister of State for Provincial Affairs in Manicaland.




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