The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Have you ever spoken to AP Passiton ? I have a while ago and found him totally obsessed with diamonds.
I think he is going to transform things here through this obsession rather than through his business plans.
I always say focus on the job and the money will come, focus on the money and you’ll feck the job up.
SW Radio Africa (London)
By Alex Bell
Mines Minister Obert Mpofu has gone on the offensive in the midst of a probe into the country's diamond crisis, saying the UK firm with the legal title to mine the controversial Chiadzwa claim is to blame for the same crisis.
Mpofu was speaking to reporters at parliament on Wednesday, just before appearing before a parliamentary committee investigating operations in Chiadzwa. He declared that the London-based mining firm African Consolidated Resources (ACR) 'controlled by one white man', will never mine diamonds at Chiadzwa as long as he is in charge of the ministry. Mpofu said ACR head, Andrew Cranswick should be 'punished' because his company foiled Mpofu's attempts sell the diamonds at a recent auction
Here’s all of it
https://www.rough-polished.com/en/news/31347.html
Thanks for this bud,
You read this article from a while back ?
The rights granted to (ZMDC) by virtue of the special grant shall not apply in respect of the ACR Claims Area and (ZMDC must) cease its prospecting and diamonds mining activities in the ACR Claims Area."
According to The Standard, Hungwe also ordered the Minerals Marketing Corporation of Zimbabwe (MMCZ) to return to ACR all diamonds seized from the company and all precious stones it bought from ZMDC that were mined on the ACR claims.
Alternatively, MMCZ can account for the proceeds of any such diamonds which it has sold, Hungwe said. About 40 foreign companies are estimated to have been buying diamonds at Marange daily before the military moved in. It is estimated that ACR was being prejudiced about US$6 billion in the past three years, the report said.
Agreed Passiton,
I too saw the £18mln valuation by London co, but have since not been able to find this article, do you have it to hand ?
There was also a note that a c4% yearly increase in value hence my conservative £27mln val as of now.
Ta
F
On Petra’s confiscation of 70 odd k carats and their 2017 value
https://rapaport.com/post_types/petra-halts-williamson-mine-after-diamond-seizure/
asimpleinvestor
Posted in: VAST
Posts: 2,280
Price: 0.30
No Opinion
RE: Price30 Jan 2023 15:31
Daffy, I know what the RNS says, I'm not blind but there is no hearing currently set in 2023 at any of the 3 high courts in Zimbabwe nor allocation made for any of the eight serving judges on the bench according to the Zimbabwe High Courts diary. I have made enquiries with the courts and they have confirmed this in writing
asimpleinvestor
Posted in: VAST
Posts: 2,280
Price: 0.30
No Opinion
RE: ASI31 Jan 2023 07:15
Firwood, I think you will find I originally had 30 million shares, I sold 20 mil, followed by 8, mill followed by another 1 mil followed by 1 mil yesterday
Sold at the bottom .2 to .3 area, your post not mine,
And you “couldn’t wait to exit”
Your December 22 - January 23 posting history says it all…..
I’m making nothing up, I’ve been here long enough to remember all your drivel,
No court case logged (the day before the court case)
Cheaper shares coming (at .2 area)
It’s all there, you cannot hide.
ASI “ Please don't tell me how to run my business”
You do as you see fit but this “buy high and sell at the bottom’” style of yours isn’t my cup of tea,
Saying that we need people to do that for those of us that choose the opposite method….
You’ve taken the contrarian investor to a whole new level there to be frank.
ASI “ Old saying 'don't count your chickens before they hatch“
FYI, Hatcheries and breeders now use the EVS series EGG Candling machine which has a 99% plus accuracy for hatch rates.
Don’t get stuck in the past ASI…… the past where you sold 30mln shares in the 0.2 - 0.3 range and are now reporting to have bought back at over double your lowest sell price…. A poor attempt to save face imo.
It’s clear you are not invested with your tone on the board, you are merely a disgruntled ex holder who made a massive financial error and are now causing disruption on the BB in the most petulant way.
I think the way this is going is obvious now, I doubt you are going to get in lower now given the news flow due across many fronts, a quick check here, other BB’s, twitter and chat groups will show you most of the bashers/shorters are now quiet or have changed stance.
Anyone can mess up once ASI but we must learn and adapt hence hatcheries investing in the candling machines.
Enjoy your day, see you in the morning bright and early
F
Dis socket just refer to me as a troll ?
Massive lol, she’s got 1000’s of posts, all negative on a BB she claims to be ‘only watching’
She posts relentlessly on the dips and goes silent on the rises
Trading pattern is plain to see. But for some reason she is too shy to admit it ?