Member Info for Hubstar

I was feeling quite bullish last week till i read a detailed report on the diamond market over the weekend ,i am now really concearned for the future of the company.I feel really sorry for those who bought in recently at the placing 0.18p level as it could get really painful for them.

I would say the chance is high flightman..if they can raise anything now at 0.10p it would be far better than a future raise at 0.01p after a rejig of aim listing

I got a bad feeling something not right here,looking at the charts there is some potential support at 0.075p if that fails to hold it could get squeaky bots time

If they put the RNS out before close today there will be one heck of a scramble for shares but they will not let you buy in any decent volumes,,,i have seen this scenario many times before. I have been happily adding more on these lows :-)

Early xmas present indeed to buy this sub 0.18p let alone sub 0.13p ,thankyou to the bed wetters and doomsters ---many thanks indeed :-)

Next week there is a good chance we are back in the 0.30p region .

Simple,i have a fair bit of confidence this tender will raise decent sums and the market is improving of late so the prices could be higher than anticipated previously.Somewhere above £10m is my guess and as high as £20m for a great result.

Simple,i say we will get nearly twice our current market cap from this first tender - lets see !

So Vast will know at 11am ( very shortly) what the prices of the diamond tender will be ,we can expect an update as soon as they can IMVHO

Simple,,,so what are you expecting in total for this sale ??

If we can get even half of this on the first tender it will be a great result IMVHO

"Given what Vast is doing (selling in a tender, not polished), a mid scenario seems like a fairly reasonable ball-park. So my best guess is that the parcel might be worth in the region of US$50–60 million, assuming decent gem quality and a good auction / buyer."

High gem: 12,591.77 × 1,000 = ~US$12.6 M

Low gem: 63,091.75 × 700 = ~US$44.2 M

Industrial: 50,993.98 × 20 = ~US$1.02 M

Total ≈ US$57.8 M

Vagabond,i think we will be pleasantly suprised by the RNS :-) the tender completes tomorrow so we should get news

Asimple, you are misleading folks here by suggesting these diamonds are near to worthless,i say again the "low gem" or ""reasonable mixed rough" atrract the following values and Vast have alot of them :-)

63,091.75 × 700 = ~US$44.2 M ( this is the bulk of stones in first tender )

Yes the bulk of these gems are classified as in the "low gem " band but we have lots of them,even using the very conservative valuation it is 5 times our current market cap ...watch and wait !

Jurysout...i did some calcs and also had this confirmed by an Ai assistant earlier today ---- this is the summary given based on the exact Carat information supplied via Rns .

"Given what Vast is doing (selling in a tender, not polished), a mid scenario seems like a fairly reasonable ball-park. So my best guess is that the parcel might be worth in the region of US$50–60 million, assuming decent gem quality and a good auction / buyer."

High gem: 12,591.77 × 1,000 = ~US$12.6 M

Low gem: 63,091.75 × 700 = ~US$44.2 M

Industrial: 50,993.98 × 20 = ~US$1.02 M

Total ≈ US$57.8 M

So the chances are good that we will get that news tomorrow,and given the company have stated they have no intention of a placing to pay debt i think they are giving a big clue they are confident the diamond sales will achieve very good revenue for us.

Standby for tasty RNS in my opinion :-)

It is worth a reminder of what the company has said on the 18th November - note the re-classification of 47,670.23 carats into a higher category,the proceeds from this could far surpass some of the estimates quoted by holders on here...these are very valuable stones indeed.

Summary :

Vast Resources plc clarified shareholder queries regarding its diamond parcels, confirming no reduction in total carats, with 126,677.5 carats now entered for tender after beneficiation reclassified 47,670.23 carats into a higher category, leaving 50,993.98 carats as industrial grade. The company also stated its intention to repay secured debt by the December 31, 2025 deadline using diamond sale proceeds and alternative funding, and currently has no plans for a placing to meet this obligation.

Ai Command...we are likely to see the MM,s hide big buys and drip them in before the close ,by that time many folks will be paying far higher prices - exciting 24 - 48 hours ahead:-)

Yes Hugop...but i think the company will know beforehand IMO

Getting close to that big RNS now ,if the projected figures from diamond sales come in we could be back over 0.35p in a heartbeat IMVHO