Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
My a-rse this is and was the only way to pay off the dept without relying on the diamonds and should have been done a month ago. Vast will be in a very good position with no dept, if you can not see that you are lacking in something mate.The RBZ should be ashamed of themselves holding onto something that does not belong to them.It does not look good for other companies that where thinking of working in Zimbabwe. The Zimbabwe goverment should step in and get the diamonds releast to Vast.
Anyone with a bit of foresight will reap big rewards in a few months. This is the best way for the company to move forward. You need to think what would the share price be now if Vast had no dept.With no dept and all of the other projects coming on line in a month or two things will look good really good.
Can see this is the best way forward for the company. No need to rely on the diamonds to pay the dept, and thier shares will still be worth the same or even more without the dept.With all of the new projects that have arrived over the last month or two things will look totaly different in a few weeks.
Https://www.newzimbabwe.com/vast-resources-shares-go-down-10/
Https://www.newzimbabwe.com/vast-resources-suffers-7-4-decrease-in-revenue/
Seems to me some people need to watch it.
https://www.youtube.com/watch?v=u_WV6H4nK8w
The only other thing I can think of is if Vast do not get the Diamonds in the next six weeks Vast will have no alterative but to raise the money with an enormous placing. I can not see another Bank lending them money to pay of a dept that they can not pay
Rather naive my backside. If you went to the Bank of England with a court order saying you owned the Diamonds and you hade identification who you were they would have to let you look in your deposit box to make sure the Diamonds where there. Mind you if the Bank had sold them then I suppose they wouls stall you for awhile till they worked out what they should do.Something stinks to me with no news at all on the Diamonds or the Loans.
This goes for everyone with Vast shares. If you owned over £10 million quids worth of Diamonds in a Bank and they where removed by another person,would you not check that thay where still all there when they where returned by said person. I know I would, why has AP not RNS the fact that he as checked the parcel that belongs to Vast and the Diamonds are intact and safe,what his he hiding it is duty to inform the Market one way or another. Also why no news on the loans that have gone over there sell by date by a month.
Not once as AP said he has seen the Diamonds after the courts found in Vast's favour. You would think with the Diamonds worth a few million they would want to check they are where they should be.Why as AP not said anything about viewing the Diamonds, maybe because he has not seen them in person. He should stop all this speculation by coming clean on whether he has seen them or not.
Each to their own asimpleinvestor if your life suits you then that is all you need to be a happy chappy.I am not a party man now and like to be on my own when possible. What it boils down to is we are happy being in our own company
Https://total-market-solutions.com/2023/11/vast-resources-plc-2/