Why I believe 10p in the short term16 May 2023 09:56
VAST is on the brink of a game-changing breakthrough with its diamond revenue. The company is poised to receive an influx of cash that will effectively wipe out any existing debts. This substantial revenue source is backed by official confirmation, making it a highly credible and exciting development.
Hold your breath, because an RNS announcement is expected imminently, possibly today or tomorrow, very soon either way IMO. This news could potentially be a major catalyst for VAST's stock price. The anticipation and excitement surrounding this impending announcement are palpable.
VAST's operation in BP has endured its toughest phase and is now emerging on the other side, ready to break even and achieve solid profitability in the upcoming months. This positive trajectory is a strong indication of the company's ability to generate substantial and sustainable profits.
Also, VAST is on the verge of recommencing operations in Zimbabwe IMO, with a mine that is primed and ready to go into production. While there may be some minor logistical setup to address initially, the potential for increased revenue from this venture is enormous. This represents yet another lucrative revenue stream that could significantly boost VAST's financial position.
As if the above reasons weren't compelling enough, VAST also has a promising revenue stream in Tajikistan. This further diversifies the company's portfolio and adds stability to its overall financial performance. With multiple revenue streams in play, VAST is well-positioned for sustained growth and increased shareholder value.
Lastly, in light of these transformative developments, it is evident that VAST's current market capitalization is disproportionately low. In the eyes of many investors, the potential upside is staggering. Given the company's solid fundamentals, growth prospects, and imminent positive announcements, there is a strong belief that the market cap could easily multiply tenfold or more, creating an exceptional investment opportunity.