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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.
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.
Taurum is an independent advisory boutique, specialising in sophisticated corporate transactions with global relevance.
https://taurum.co.za/#services
So Taurum are are selling on behalf of who that is the question. With the few hundred thousand,cr of Diamonds that now belong to Vast and rumours abound on twitter and the like that they are up for sale seems a coincidence that there are a few thousand,cr going for sale from Zimbabwa dont you think.
There are No Flows today up to now.They seem to be having problems.
You are supposed to tweak it up BV not down
0.0925
0.1655
The flows are even lower today, what the hell is going on.
In Zimbabwe, the Company is preparing for the release of its diamonds
previously mined by the Company and preparing for their marketing. Upon the
finalisation of the process the Company will recommence its focus on the
finalisation of the mining agreement on the Community Diamond Concession in
the Marange Diamond Fields.
With ZIM Holding an investment meeting in the UK looks like Vast could well be in there after they get their diamonds.