Member Info for Jungmana

Sandy, Am talking about the article, my own valuation was about half of that.
I think the writer knows more than any of us here.
Found a gem website that values Zim diamonds at $939 a carat;
https://rates.goldenchennai.com/world/diamond-rate/zimbabwe-diamond-rate-today/

If the experts value the gemstones at $32m minimum in 2010 as in this article who am I to argue with that?
Let's wait for them to be returned first and valued .
I think some rare gemstones in that parcel;
The government of Zimbabwe has stockpiled more than four million carats of diamonds that were mined at the Chiadzwa diamond fields between 2006 and last month, reports the state-owned The Herald.
Included in the stockpile, estimated to be worth between US$32 million and US$1.7 billion, is the diamond parcel of
129,000 carats belonging to African Consolidated Resources. Those diamonds are currently being kept at the Reserve Bank of Zimbabwe until ACR’s rights dispute with the courts is resolved.

When AP just bought 82k pounds of shares and says his average is about 18p , confident that the share price will get back to that level in the long term some may think he is crazy but the man knows what he is talking about.
Imo a jv with ZCDC is on the in the horizon.

At centre of this successful court settlement is the movement of this man from vast to zcdc;
hTTps://www.miningreview.com/diamonds-gems/vast-resources-director-moves-to-zcdc-as-ceo-effective-immediately/

Yep on BP;
"Based on an assumed copper metal price of US$6,655/tonne the initial mine production generates an in situ metal value of US$104,450,225* over the 3-4 year period"

Muck well said and I agree. That's exactly how I see it too.
This is not just the parcels but a jv should follow.
New website looks great by the way

First target today 0.80p, and 2p next week if the big news lands

You do not expect the insane volume of 1bn to 2bn will continue every day except on news.
Volume is still good with over 10% of shares traded even on low volume days.
Most companies trade less than 5% volume in a day.
Expect the insane volume to return on news soon.

Just don't be out of this over the weekend. As AP said in the podcast, vast share price will go a lot higher.
2p target for me in 2 to 3 months time

There is a good reason AP put in 82k of his own money. The value of the diamonds alone cover the current market valuation here.
Should be in our possession soon imho as the government is part of the court order negotiated settlement.

I posted this earlier,
Last December Petra diamonds sold 40k carats of rough diamonds by tender for $4.3 million: "Post the Tender 3 sales results announcement released on 13 December 2022, additional off-tender sales of some US$4.3 million (40,246 carats) to local South African cutting & polishing clients were effected, "
Vast has 129k carats of rough diamonds, that should be worth $14 million minimum

2.7 billion Total shares in issue including the recent placing . Traded over 7 billion volume in the last 7 trading days.
As the ceo said; should go up a lot more from this level. Just a bit of patience for news from Zimbabwe, BP- Romania or Tajikistan

Presentation from December , a good listen especially from 1 hour 50 mins regarding the upcoming raptor drill.
Matd starts from 1 hour 33 nins:
hTTps://youtu.be/sAHnEYMgukk

AP the ceo put in £82k of his own money and that speaks volumes. 2p + target here by April

Folks should note that this court order is " a negotiated settlement " with the government. The diamonds will be handed soon imo

Vast also intends to sell by tender once in possession;
"This High Court Order should allow for the initiation of a lawful and transparent process for the release of the Historic Parcel into the Company’s possession to be independently cleaned and valued for the purpose of selling via a tender process. The final quality assortment of the Parcel will be determined when the stones are in the Company’s possession and can be independently cleaned and valued."

Last December Petra diamonds sold 40k carats of rough diamonds by tender for $4.3 million: "Post the Tender 3 sales results announcement released on 13 December 2022, additional off-tender sales of some US$4.3 million (40,246 carats) to local South African cutting & polishing clients were effected, "
Vast has 129k carats of rough diamonds, that should be worth $14 million

1p+ soon
This demonstrates the Zimbabwe Government’s and in particular His Excellency President Cmd. E D Mnangagwa’s commitment to resolving legacy issues related to investment in Zimbabwe in a transparent and legal manner for the mutual benefit of investors and the Country and we now look forward to the releasing of the Historic Parcel to the Company.”

Yes a trade from yesterday.
Should turn around soon . May see a nice blue later today

1 billion traded already. Let's hope with the Presidents intervention the diamonds are handed speedily back to vast. That should see this rocket to 2p