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The return of 80 percent gem quality as opposed to near-gems and industrial diamonds also further confirmed the compelling need for continued investment in ZCDC’s Chiadzwa diamond fields where high value stones continue to be mined.
I imagine you have the answers. ?What is clear is that bp will not open til the spring of next year? As he said the weather prevents it, well that’s what he said in his RnsOr am I wrong and if the money comes through it will open in Dec as stated.
My thoughts are ap is holding on hoping on finance from Swiss bank. However he has constantly said there are a few other options but are less favourable. Why not take one of them as in the end will be too late. It leaves us hangingnto believe there are other lenders. The truth is there aren’t I think. Its the one lender and it’s not looking good . I think they are in meetings trying to work out how to tell the market just like mercurial. And thereafter we will see price at .05
IF AP can gain the trust of the market we will see a much higher SP. We have got a pr guy but don't seem to see much pr. Twitter has been used as a very powerful way of sending out small seemingly insignificant info but for a market hungry for any sort of news it all helps.
It would seem that Zim is in a sort of "closed " situation but what about Romania? We're we not told we would get monthly updates? I think this pr guy needs a written warning and to get into gear and start bigging VAST up.
Starting to pay off from the lows, another good day today and break 0.15p and with all the positives (no placing after hours) then news would be more expected next week. The Heritage Concession is a massive addition and it would appear news on this needs to come before final finance talks. Otherwise Vast would have already done the finance for BP one would hope.
A placing and it's the same old and the doubters be proved (again) they were right. Time for Vast to deliver, lots of rumours of HC done as a deal, only a few days will tell on this. Friday is always the day to get out bad news (placement).
I think a couple of large buys are looking like sells and do look like a repeat of previous actions, I did take my lowest price shares and sold yesterday for 0.127p ( good profit) and I wait with other shares to see what happens. I don't want to miss the multi bag IF it comes.
Ugh ~ Ugh ~~~~ ~~~"Fantasy I said I would be quiet if you were, but you have crawled out of your hole again - so game on sunshine!"~~~
~~~` Beep` ~~~ `Beep`~~~ Ran out of gas , I`ve been parked at the roadside and just walked back with a gallon can which should get me a bit further down the road . Trouble is , which road ? Where`s that "Road Map" ? I think it was on the back of an old fag packet ?
gkb47: it's also entirely possible that the MMs decided to knock a few shares back and forth to get some intra-day momentum going and succeeded. After all, they make their money from volume so why not? It's a good time for it in Vast with expectations brewing.
Sarah: "Why don’t be just raise or dilute or whatever ourselves. Raise the ten million or 8 mill for baita."
Ideally, that would work. But if (say) a company's market cap is about £10m and it wants to raise £8-10m via issue of equity, then the company would have to near enough double the number of shares in issue. As you can imagine, the downward pressure on the share price would be intense, if such a raise could even be done at all.
With the market cap so low, Vast has had to re-focus on other sorts of funding, such as traditional debt finance (actually quite a good thing in some ways). Obviously, given the lapse of time, it'll be interesting to see what actually turns up in due course.
Sandy - I really do hope it's good news rather than yet another placing, I'm getting fed up wearing this diving gear.
However volume is 4 times the 3 monthly average, so what you are suggestimg is that today, for some reason as yet unknown, a number of people totally independantly decided it was a good day to buy a shed load more shares in anticipation of good news being imminent and this collective decision was not based on any inside information whatsoever, no siree.
Now that would imply a high degree of collective telepathy or one a hell of a co-incidence so forgive me if I am somewhat circumspect about that. As I said before, the next RNS will be the bellwether RNS so we'll see soon enough (like that TR-1 that never arrived - I think Godot has it in his briefcase).
gkb47: "explain why the sudden increase in volume and share price today as NO news has been released oficially by Vast?"
Straight answer to a straight question: I think it's just one of those anticipatory rises that's actually not unusual at all on AIM. While some people might be assuming the company will not deliver and flop, do bear in mind that others in the market will see this as a very good risk/reward equation; plus, if the company *is* going to be in production this year (a target that has not yet been disavowed) then, quite clearly, there must be news very soon.
Please make one promise, if there is another placing before any good news (if we ever get any good news that is) please don't ever say 'AP always delivers' cause you're either taking the **** or severely deluded