Member Info for Lostsoul88

This one is from the last one. So they seem happy with that

In Zimbabwe, the Company is preparing for the release of its diamonds previously mined by the Company and preparing for their marketing. Upon the finalisation of the process the Company will recommence its focus on the finalisation of the mining agreement on the Community Diamond Concession in the Marange Diamond Fields.

Verified by nomad. So they must be happy this is still happening

ASI they have until the next agm to do the placing. Only if needed. The rns states this but if they have reached an agreement with the loan companies they must have proof that that the diamonds are on the way. Nowhere does it say they are placing next week. The general meeting is to give them the option ( if needed)

I know and realise this. That’s why I think part of the release of the diamonds is linked to the mining contract and investing back into the country and local area. They did say they had come to an understanding as part of the historic claim ( from the judge). I took it as though they still want the mining license ( which AP has said he will work on once the diamonds are released). To me they are all tied in. They get the diamonds if they invest .

Where does it say to cover projects in Augusta?

Just so I can read it’s context

Has to be a plus capstone actually holding the shares now

Https://www.voxmarkets.co.uk/rns/announcement/f983ee0f-18ae-49b0-a368-3bc1f501b221/

Another TR1

Thank you SS. I’ve had a quick read through the first one. But they have called in their shares. Why? So they can vote? Or because they now know something is happening? I take it they have been paying the interest for VAST. But to call them in now. If nothing is happening. If it is they are actually getting some material gains which I can understand

Ok what did they swap the shares for? It says cash.Where did the shares come from? The pool of shares are still the same? No extra shares made for this?

That’s the way I see it.

Vast Resources plc, the AIM-listed mining company, announces that it has raised £978,967.40 gross through a placing (the ‘Placing’) of 212,819,000 ordinary shares of 0.1p in the Company (‘Ordinary Shares’) at a price of 0.46p per Ordinary Share. The Placing was undertaken by the Company’s joint broker, Axis Capital Markets Ltd (‘Axis’).

If you take 180mill from the total at the price they were originally sold that’s way short of the total figure needed. So they must have bought more

I can’t get my head around it either. Why wait until now and the total sale price was £855k not the £900k + in the rns

I refer to the 180mill that was printed the other day for £875k. I’m busy at work so I’m just glancing at this while I can. I may have missed some replies

ASI ok. Thanks for explaining. So what was the other 180mill share buy? Another TR1?

ASI as the 30mill capstone bought

Paul Britton 6.14%

Founder of capstone bought 180mill as well

Yes he did 🙄

I know it’s not as straightforward as that. I’m just putting things out there. It makes sense they would want it passed before an election. Makes them look better in the run up to the election

Under such circumstances, the Constitution demands that the Speaker of the National Assembly must, without delay, convene a sitting of the National Assembly which must reconsider the Bill and fully accommodate the President’s reservations or pass the Bill, with or without amendments, by a two-thirds majority of the total membership of the National Assembly.

Only needs a percentage to get it passed. They could now be confident of getting it passed before the election. Those creating more jobs and investment in Zimbabwe