Okay so realistically speaking, the signing is the first step, there are still a number of months following that before we even get a glint of money from diamond sales.
Ideally i'd like to see a opertional update or the JORC or both together for BP to prop up the SP back into the 0.4-0.5 range before the signing deal hits. That would give us the perfect platform to get to possibly 1.2 - 1.5. We would then likely see a slight retrace to the 1p mark untill we get BP into production, some milestones hit in terms of the 2nd tranche of financing. All IMO DYOR etc
Would never take it personally mate, it was my choice to jump ship yesterday to try and make some quick gains elsewhere, if that ends up being a costly mistake its a lesson in life isnt it!
Yeah they keep playing about with the bid when I've tested selling one minute its down at 3.5, refresh and its up to 3.6 then 3.71 then back down to 3.55
Probably a retrace then another climb, it has done 150% in 5 days, fundamentals are the same if not better as we have the highly experienced JV manager on board now
I mean we have got some extra details from the speaches at the conference but if the signing was due to take place it will take place at a conference event or behind closed doors regardless of the mining event IMO
Which are you looking at? The mininingreport one looks pretty defunct Everyone seems to be going off this one http://zimssm.com/ that had an up to date banner on it up untill Friday when it changed to NEW DATE SOON !!! MEIKLES HOTEL , - HARARE , ZIMBABWE
I'd be highly surprised even if with really good grades at both mines to see this above 5p without some very strong share buyback action. Whether the company will have enough spare dosh to do that over persuing other projects is a totally different ball game. With BP and diamonds at full production i think we'd comfortably sit 3.50-4
Neither good or bad, just smooths out the trade price jumps to stop it flying up or alternatively fly down, just means the stock is pretty volatile during that period of time
Hopefully the ducks line up and we get some news over the next couple of days, I would hope we got a BP update towards the end of this week begining of next considering that would be half way through the month and we should have had some deliveries in by then
I literally can't see any announcement saying that its cancelled, how do we know they havent premptively changed the banner to say "new date soon" for the next event/venue. Besides if AP is out there maybe something will happen regardless of the event.
And more importantly VAST need to stick to deadlines set out in the ATLAS funding deal, which as we all know doesn't seem to be VAST's forte. However with them all having skin in the game because of what we can assume was ATLAS forcing their hand hopefully we see improvements in hitting projected timelines which now effectively become deadlines