Member Info for dilara

Companies can raise at any price but not at any market value .

Vast now at £1 mc has zero chance of raising another half million ao its either pull a nugget out of the magic hat or bust time

Everyone has put it in the not worth selling draw ,waiting for the diamonds, profit turn,finance etc RNS

Either in the bin or 10 bags on positive news

Its gone to court on the 6th so it must have been prepared days or even weeks before and we had no news via RNS ??

The fact that insilvency has been prepared and submitted has to be RNSd by law .

Its FAKE NEWS

Its fact that the Mugabes robbed the bank and long as ZPF is in govenrment theres no chance of whats robbed being recovered but that doesnt mean deals cant be done,however international institutions wont stomach any investment there incase its robbed again...and again ..

Should be back upto 0.4p

Sando couldn't find a pebble on a beach but calls himself a geologist .

A clown

To say that its a discussion board is wrong. People use it for all kind of reasons some far from discussing topics

The mc is not £18m but it is £3m ,without the loan being paid or diamonds coming there is imo only another half million pounds that can possibly raised before its worthless.

1 for 6 consolidation has wiped off half million from the mc ,imo its been siphoned off via a raise and is a con

Big about to happen

I don't know about him but i also dont know anyone who invested that much money unless they new it was worth it

If the parcel is worth $38m then a mining agreement is worth that too so a £100m market cap ,twice my prediction .

Id be happy with a £12m at worst for sure

I read somewhere that the debt stood at £9.1m ,some of us if not all are wrong

Nevertheless release of the diamonds at £12m would give Vast £25m cap plus a mining agreement for diamonds and or gold double that so between 5 to 10 bags coming .

Mcadder i dont think he valued the diamonds at £25 but the value pf the company, which i agree with his opinion

Market value today is £6m ,dept is £10m ,clearing the dept has a value benefitial ,this means the diamonds are valued less than £25m ,between £8 to 15m id say

£25m market capital on release of the diamonds and another £25 on a if new agreement being signed ,so a 10 bag is about right or 5 bag just the diamonds

Id say 1.5p ,sub 1p is too cheap unless they do another raise after 2 months .Depends how fast they can get a JV.

The raise at 1.5p put a dampener ,i was not impressed by how quick they raised straight after a huge RNS .Seemed like they have looked after their private friends rather than their shareholders .

They could have waited few more days and easy raised at 3p plus but they chose not to .

The CEO has been praised by a lot but the hard work by the previous CEO ignored .

I am not impressed by Lorna ,imo she landed in the right place ar the roght time and is now handing out the good fortunes to her friends and not tje share holders.

This would have gone to 6p if she had waited a week longer rather.

I dont trust her .

If and when the release of the legacy issue and a new mining contracts together land it will open at 1p ,a 10 bagger for sure .

Yes we all know the diamonds have been locked up for a decade and its hand over persisting since the high court order but i am of the opinon its the mining contracts thats the delay rather than the hand over of the diamonds.

I dont think that Zimbabwe would tarnish their $10 b aim of value in the mining sector for what £10 milion

I also think the news is very near so im holding for 10 bag at least.

Steady move up in the price from Monday would be further evidence imo

It has also been said ,although i have not seen proof of it ,that AP keeps popping over to Zimbabwe ,if this is true and can be confirmed then that further suggests negotiations for mining contracts

If it was just the diamonds and its release i doubt the CEO would keep going there for talks on it ,would be dealt with the companies solicitors since the company is in posession of a High Court order ,ie there is nothing to be negotiated.

I would add further that the High COURT has ordered the release pf the diamonds in favour of Vast ,that was over 6 months ago and we havent heard anything contary from anyone to say its been disputed ,any high court order would be extremely difficult to overturn anyway .

What we know the dimonds couple already have been sold

the money in the Central Bank of Zimbabwe in escrow

I cant see why the creditorss would keep postponing the dept over and over unless .If the creditors felt that there was no evidence that their money is coming they would not have postponed it ,especially if they were of the opinion Vasts position was not improving for certain