Member Info for Dunk_Biscuit

I hope the reason for that is the diamonds being released soon 🙏 . You would want to hold off as long as possible on any further funding .

Without the diamonds being returned any new issue of shares would have to be at a massive discount to the current sp !

There really does need to be some statement from Vast . Only one month to go for the extension of the loan to expire .

Millions of £'s have been raised on the back of the prospect of the diamonds being returned .

Very difficult to ask for more funds under such uncertainty !

The Zimbabwean government are keen to build a strong economy , reduce debt , get a grip on their c 100% inflation rate , rejoin the Commonwealth and make amends for their past . They need as much help as they can muster from foreign investors to kick-start their economy. I think there is a real change for the better in Zim and foreign investment will return .

I very much hope that Vast will be a part of that recovery story . That's why I'm holding fast . Good luck all .

I think it's now crunch time to retrieve the diamonds and start mining again in Zim .. Who knows if this will involve brown envelopes or not . It's going to be difficult to raise more funds without the return of the "historic parcel" . Personally I'm very hopeful it will resolve itself sooner rather than any later .

I'm keeping an eye 👁 out large volume buys !

Including compensation for white farmers . ...I hope this also includes the debt of a sack of Vast's diamonds !

Give the diamonds back and find many times more which will all help to clear Zim's debt . Win win situation for all parties .

https://www.chronicle.co.zw/zimbabwe-commits-to-resolution-of-debt-and-arrears/#amp_tf=From%20%251%24s&aoh=16850467462180&csi=0&referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fwww.chronicle.co.zw%2Fzimbabwe-commits-to-resolution-of-debt-and-arrears%2F

Very interesting to see what's happening via twitter ....exciting times ahead ! 💎🤞

This article was updated about a year ago but it's well worth a read . It also mentions Gem Diamonds. The general outlook for large , natural diamonds is looking very attractive !

https://jessicamayjewels.com/hidden-gems/are-diamonds-a-good-investment

Russia can always sell its diamonds to China and the Middle East. So they can take that market share by over supply. So I doubt very much if sanctions on Russian diamonds will have much effect . Intact if Russia takes the majority of the Chinese and Middle Eastern market then it could possibly dampen the market overall. 🤔

Russia will always be able to sell its diamonds to China and the Middle East so I doubt if it will make much difference to the price .

Yes it's good news that AP is out in Zim and it's now just a waiting game IMHO . I'm also waiting for production news with my other investment Botswana Diamonds but they are actually producing diamonds so they have some in the bag already ! 💎 So it's just a matter of time and keeping fingers crossed 🤞

Zim has around $14 billion of external debt . It needs to pay off this debt by increasing it's mining capacity.

. Zim is also going to start a cryptocurrency which is backed by gold to try to stabilise the almost 100% inflation rate .

So investing in Vast means having faith in the future of Zim ...Good luck folks ...exciting times ahead ! DYOR etc..

https://www.reuters.com/world/africa/african-devt-bank-proposes-fast-track-compensation-zimbabwe-white-ex-farmers-2023-05-15/

Https://www.voxmarkets.co.uk/rns/announcement/f2352be8-546e-4a82-9ac5-2dc8d3b2c4fc

The Zim government are keen to expand their mining industry and are opening their doors under the new mining initiative. They are also keen to rejoin the Commonwealth . It's a new beginning for Zim and I very much hope Vast will be part of it .🤞

Https://www.chronicle.co.zw/zim-open-for-business-not-abuse/

I think it's highly probable we will get news of the diamonds being handed over as AP did promise to let us all know when it happens .

I don't think there's an underlying problem . Perhaps they were waiting for the coronation visit to be concluded .

The Zim government have everything to gain by bringing back the trust of investors. Plus it hopes to rejoin the Commonwealth sooner rather than later so it will want to show it has it's house in order .

Good luck 👍

Https://www.herald.co.zw/zim-policies-lure-uk-investors/

Https://www.sundaymail.co.zw/masterstroke-historic-visit-boosts-zim-uk-relations

Https://www.thezimbabwemail.com/zimbabwe/mnangagwa-arrives-in-london/

This look encouraging for the future relationship with Zim and the UK . ....

https://www.thezimbabwemail.com/zimbabwe/mnangagwa-arrives-in-london/