This might be a Chatbot hallucination!!!!!4 Sep 2023 11:39
One of the questions that investors are asking about Vast Resources is whether the company has insured the diamonds that it is expecting to receive.
The answer is yes, according to the company's latest update. Vast Resources said that it has secured a comprehensive insurance policy that covers the diamonds from the point of extraction to the point of sale, including transit and storage risks. The policy also provides cover for political and war risks, as well as theft and fraud. The company said that the insurance policy is a key requirement for its offtake agreement with its partner, the Diamond Trading Company.
( Who ??? ) Vast Resources expects to receive the diamonds in October 2023, after completing the necessary regulatory approvals and operational preparations.
Not sure I believe any of that.