Member Info for Castaway

You were spot on Sandy ;-)

VAST will 10 bag easily there are many 10's of $Bn's of diamonds on the site now and they have not found the source of the diamonds yet - if we discover the diamondiferous pipes where the alluvial diamonds originate - VAST could be worth 100's of �millions - this was why VAST was set up in 2006 DYOR

If you research Botswana diamonds there is a podcast the Chairman did in about 2011 where he explains that they nearly got some of the licences for Marange he also said if it ever comes back it's worth buying them :-)

Sorry VAST's licence were approved but BOD's were not but BOD have the expertise VAST needs presumably to mine them

Diamonds in Zimbabwe - Botswana Diamonds and VAST both had interests in the m BOD was never signed off by Mugabe but VAST's was

No Nige the location is well known Mugabe has ripped of $15bn of them already - this is Exploitation!

Looks like it's just got closer you don't form an MOU for nothing

Which year :-)

Sandy - you have to believe in the concept of VAST - Andrew IMO has (with oothers) basically created VAST - prior to him being involved (over the last 5 years) ACR (as it was) was an explorer and he brought Romania into VAST now I do not know who initiated the change of focus but without his input VAST would probably not exist. So we are now a company acquiring assets in and building on the fact dodgy jurisdictions become Kosha. You either like this or not - newsflow on AIM companies is highly erratic and OK AP should not stick his neck out on timelines but he is an optimist and that's no bad thing in a CEO

Agreed - however the newsflow for April was not all BPPM IMO - BPPM is one bit of news - he did spend last week in Zim, in fact he has spent quite a lot of time in Zim this year and it's obviously not to top up his suntan is it!

Well he clearly is getting the run around from the RomGov, but I don't believe that was the news he expected to get out in April, he would not give a timeline unless he was sure there would be something concrete and though we didn't have a big flow of news I still think we will get it soon

h**ps://www.vox markets.co.uk/company/VAST/

h**ps://www.**********.co.uk/company/VAST/ just replace * with t He does mention "embarking on opening our second mine in Romania"

All the old mines were state owned and most are in care and maintenance until they are either closed with EU grants or start production again with private sector capital

That is a profitable mine - all the others were run down and needed capital investment to be profitable after the entry into the EU which the RomGov were unable to provide. The way they were run probably did not help as the country is still getting used to modern work practices and production methods.

The RomGov cannot invest in mining as it is against EU competition rules - that's why VAST will get many more mines in Rom. VAST did DD on all the Remin mines in 2013/14

RomGov are off Monday and Tuesday - they work Saturday to make up for the non bank hols of Monday

It is easy to criticise Andrew - OK he is ambitious on his timelines. He has been the driving force behind VAST over the last 5 years - he negotiated the PP deal and helped get the mine into production - he Brought in BPPM for a couple of $mil and he will deliver the licence. He is incredibly well connected in Rom and Zim He bought Manaila for peanuts over a couple of years with great negotiating skills. He got a great deal with Mercuria for debt funding and offtake - much better than the previous deal which was at a discount! Brought us 2 world class copper licences and saved the s/p from total collapse after the nomad debacle! - $2bn copper assets. He got a 23.75% holding in Eureka which is funded by PP and no dilution. He was responsible for the rise in the s/p from .35p to .7p due to taking over PR last Autumn. He is not perfect, timescales slip, however this is not just down to him VAST has legacy issues from the inept management of the past, he will deal with this but it takes time. He never stops working he will make VAST shareholders seriosly wealthier. This is all IMO - I have always liked the MO of VAST buy assets cheap in dodgy jurisdictions just as they become legit - Mercuria like this idea too, this company will now fly, all the BoD are with the CEO - the first time since I have been invested in VAST because he is good. If you look at the history of VAST (again) IMO without Andrew we would now be bust - he needs VAST to succeed more than anyone on the planet and that makes me think he will deliver big time! He is like a terminator he never stops, the guy works endlessly and VAST shareholders and his interests are totally aligned. This is why I hold VAST shares.

Todd I agree, I obviously have no control over anything with VAST though and who would have thought the RomGov would delay the licence association so long? but IMO it will happen - based on the management we have and the countries of operation, VAST will boom this year at some point - there are fantastic assets available for peanuts and we have a massive backer with Mercurier just as ore prices start to seriously rise.

year and it is coming soon. When there is a build up of news on acquisitions and progress on existing projects, more funding with no dilution etc. VAST will move up and it will be sustained.... AIMO and my ramp of the day ;-)