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...and for 2, 718, 918 shares...
...and 0.6375p paid again...
...
Not doubting your expertise asimpleinvestor. Clearly you have experience. I am going off the article, which I think is a realiable source. Naturally, there will always differences of opinion as to valuations, what we are measuring and against what etc. But am happy to go with what I have found, but will also take into consideration of your knowledge also. Thanks for the thoughts and the input asimpleinvestor.
Going by that article, we can expect at the bare minimum, a valuation in the order of $35million. But this really is at the lower end. c.$45-45million, is closer to the mark.
On news, an SP of 1.5p to 2p, and pretty much a dead cert to get the confoamation of the receipt of the diamonds, going by the RNS today and very soon!
This is a useful article (Feb, 2023) for valuation.
"[...] As a low ballpark, consider that VAST’s diamonds are below average, and sell for $300 per carat. At 129,400 carats, that’s $38.82 million. Excluding expenses, investors are looking at a rough profit of $35 million — more than double the current market cap."
https://www.share-talk.com/vast-resources-shares-aimvast-diamonds-in-the-rough-my-cup-of-tea/
Indeed IQ157. SP will close strongly this afternoon. All news and indicators point to a sustainable breakout.
apols, typing on phone on the train.
most of the placing shares still not soaked up by buyers, they got to be sold befoer breakout, with placing at 0.65p
market volume suggests market aware of overhang of shares & waiting for bettter price. ahanno also says solar project news not till q1 2023, where, december & january usually quiet months in mzoambique
agree potter,, some will be forward sold,as shares been available to makret. but overall volume since placing rns shows most of placing shares still to not soaked up buyers. we should see sp drop soon, to move these alomg
, got to remember the 80, 000,000 placing shares hit market 'around 5 December 2022 ,'
will be overhang of shares, so time to buy is then, for mcuh lower share prices.
listened to the podcast. is good. but Q1 2023 when Integration news expected, wth offtake news after that, it seems
period into Xmas and just after is slow in miozamqbiue. so could be a while befor next rns
made mistake of buying loads in the 1p range. thought company finally makin progress
can see it dropping to 0.70p and lower. placing price 0.65p
,small free float is killin; me ! got an order in but not biting
bought more few days ago. trying for some today but goign to NT right no w.
Am in! brought a load between 1.1p and 3p
been on watchlsit for a while. didn;t see the inital rise coming. but investment risk/ reward balance is now pretty good from here. clear sight I think to realisation and multi bag returns.
5p share price is only £20m market cap. Nothing at all. Solar project is big and is advancing. And the coal project hasn't been taken off the table - yet. So all to play for.
Target SP next 4 months, 8p-10p.
bought some more,..couldnt help it :)
got to admit, theres mahoosive still from these levels ,...fundamentlas are there,, thnaks to the regulars here
bought some myself today.
going thru the posts, links and info, the story is compelling. mozambique and malawi agreeing to power trade and that 1000MWs, with that Interconnector whatsit, which links malawi to tete, the location of the mcondezi project, where it does genuinely look like there's no other viable surce of power,...only just nccl there!
therefore, agree massive upside from the current sp, even after today's 60% and market cap still £3million,... will see if I can get some on the bell in the morn