Close to transformational moment11 Aug 2025 08:00
The risk has been removed now that the diamonds were granted to VAST a few months ago. We now have them in our possession and are ready for sale. Expect to see news of sales to start filtering through in August
Remember the value isn’t too tough to work out in terms of a range. Lower end is circa $30m and upper range could be as high as $70m
Reality is we will probably end up with something like $50m which for a company valued at £13m with £5m cash in the bank is ridiculously cheap