Vast Resources PLC - London-based mining company with projects in Romania and Zimbabwe - Announces further delay to settlement of historic parcel, due to the company's recent election process over the past month. Adds that it remains confident of finalising the process. In May, Vast said that it was finalising the recovery of the historic parcel of 129,400 rough diamonds held in safe custody at the Reserve Bank of Zimbabwe pursuant to the High Court order in the company's favour. In August, it said that concluding documentation, this had been delayed to September 29.
Current stock price: 0.22 pence, closed down 12% on Monday in London
12-month change: down 62%
By Tom Budszus, Alliance News reporter
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Vast Res (VAST)