Member Info for discopablo

Laughable how this has hardly moved with the volume of buys.

You're right on the numbers gokmev1 but I disagree with the better to stay away bit as the diamonds left to sell are likely to be worth more than the current mcap. Then there are the other assets too. Don't forget the team that have been looking at all of Vast's assets since June.

Someone is very much not mucking about here!

Exactly. I think the lender knows the value of the diamonds and don't forget the team in place looking at the portfolio of assets. I expect other significant announcements soon.

*very MUCH believe - I'm missing words out now, promise it wasn't me that reviewed the initial RNS!!

Amadan, nor me, but I believe that would be based on panic selling and not knowledge of what the business owns or it's future potential. So it could hit 0.08, but I very believe the company is worth considerably more than that.

Continued......

...the industrial and lower quality stuff was achieved. I don't know, I'm surmising, but if I really wanted that good stuff that was sold recently and I had to buy some rubbish with it (that I wouldn't have otherwise bought) then I guess as a buyer I'd have to buy the rubbish too.

We are assuming too that it's all about the diamonds when it really is not. Plenty of assets owned by this company.

Also assuming funds have to be found through placings which is not necessarily the case. JVs potentially, external funding, I guess it comes down to what you believe but some of the histrionic posts on here about placings and consolidations being imminent as they're the only way out of our debt position are without factual base.

Actually Muck I think the stuff left over is deliberately being sold separately as it is higher quality, dare I say high quality! That's not been RNS'd, that's my assumption I hasten to add.

There must be a reason for why they're being held back. Let's face it, if any of it was the same standard as what has already been in a tender, why would they not have included another 11k carats in that tender.

Maybe some of the good stuff was included in the original tender to make sure some value for

Difficult to argue with any of that Muck.

I think there is an RNS somewhere that says the stuff held back is proper quality though. I was skimming through the RNS history today and am sure I read that somewhere.

That explains a lot amadan. Psychologically proven fact that you now don't want this to rise as borne out in your posts. Sorry that you made a loss and thanks for letting all posters now understand the logic behind your posts.

4 posts in total. What made you register to chat about Vast out of interest? I can't imagine!

Why?

I think we all know that there isn't another 135k carats left. It was just that the RNS was poorly worded ( to the point where the maths is simply wrong).

I'm amazed a correcting RNS hasn't been released yet.

And all it is is an update. And a pointless one really.

Perception seems to be that we either have to sell diamonds or place to meet the 31/12/25 debt deadline which I don't think is the reality of the situation on the ground.

The creditors have been very supportive, most likely because they know the value of the diamonds, and I see no reason to indicate that would stop any time soon, certainly not this side of Christmas and New Year.

Assume this is falling because people can't be bothered waiting.

My 8 year old read that RNS this morning and told me the maths was abysmal.

Who reviews these?!

1. Recovered diamond parcel

2. No idea

3. Largely irrelevant

Everg little helps. The haemorrhaging appears to have stopped which is excellent.

On investing.com, bid is 11 and ask is 15. Does this mean anything for opening tomorrow or is it just gremlins in the system? Anybody know?

Yep, agreed, but we don't know the price VAST wanted and it might have been crackers!!

And, I think we can be reasonably confident that this affects the 2.5k of the 11k remaining, with the 8.5k being the best of the lot.

It would be useful to have an interview or something for a bit of clarity.