Member Info for baits

Yes we have been waiting just like you and if anthing had happened about the Diamonds we would know about it would we not.

It took about two days to arrange the last extention,it is now over a week sinse for this one, I wonder why?.Any takers.

Posting old news does not help anybody it just shows that nothing as happened with the Diamonds for the last ten months.It is new news that is needed here so get off your high horse and post resent news not old news.

Why keep posting old news what good will that do.Personally I think Alpha & Mercia have unofficially give vast one or two extra weeks for these Diamonds to turn up.If they hade extended the loans it would have been RNS by now.God knows what is going to happen when they call in the loans.

That artical was from 14th Feb old news very old news.There is newer news if you surch,do your homework guys.

0.2005

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oct 4 rns same thing they siad then to.

further to the announcement made on 2 october 2023 regarding the company being in discussions with alpha and mercuria regarding a further extension that will allow additional time to finalise the settlement of its historic claims outlined in previous announcements

and on it goes, you think after ten months they would have them by now,what a f****. dropping out tomorrow had enough of this.going to take a small loss here but should hopefully get it back from 88e in the next three months when they flow test their well.seeing it is a discovery with 6 targets to work on possible 400ft of net pay.

Spratt1982, If you are refering to me as a none investor you are completly wrong.I have a few million shares.

The Company is currently in discussions with Alpha and Mercuria regarding arrangements that will allow a further extension

They could say enough is enough.

This project is expected to begin January 15, 2024, and be completed by tundra closing in mid April 2024.For those with patience not long to wait now.

We will hear anything about the Diamonds at todays AGM.

There will be other companies selling diamonds in Dubai besides Koin International.

In Dubai from the 26th to the 29th, anything could happen in the next two days.It would be great if it was announced on the morning of the AGM that things are on track and they have been sold.

Asimplieinvestor, DwayneDibly post is no different than Kevers, as Cliveas says,saying it is not Vast diamonds is no different than saying they are Vast diamonds. Both DwayneDibly and Kevers have different agenders and both could be lying.The email if it did exist would as Cliveas says would be NO COMMENT.

Just posting what I found asimpleinvestor, I did not say they would get $300 a carrot. You put me wise the other day and I thank you for doing so.

Here is a link to the artical.

https://www.share-talk.com/vast-resources-shares-aimvast-diamonds-in-the-rough-my-cup-of-tea/

These diamonds need to be handed over, if they haven’t been already. They need to be cleaned, valued, prepared, and then sold. And diamonds have disappeared without a trace from the central bank’s vaults in the past — including 350,000 carats worth an estimated $140 million in July 2021.

Importantly, VAST are unlikely to notify investors that they have the diamonds in their possession before they are sold, as I consider it likely that the company will arrange a sale to have the diamonds sold on directly from the vault at the Reserve Bank rather than take physical possession.

And here’s the rub — unless I’m mistaken, investors have no idea what these diamonds are worth. For perspective, one historical article suggests that the entire central bank stockpile including VAST’s diamonds is worth between $32 million and $1.7 billion.

Previous auctions of Zimbabwean diamonds have fetched an average of about $400 per carat, but this rises to $12,000 per carat for exceptional items. As a low ballpark, consider that VAST’s diamonds are below average, and sell for $300 per carat. At 129,400 carats, that’s $38.82 million. Excluding expenses, investors are looking at a rough profit of $35 million — more than double the current market cap.

You are the person that brought me back down to earth with your knowlage of the diamond industry which I thank you for much appreciated . What do you make of it please. Could it be the parcel we are all waiting for.