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AP stated that they now know the process that needs to be done to release the diamonds.
Also the ZCDC have started on a new mine in Chiadzwa mature district. The same location as vasts diamond concession. Is this just a coincidence or have the ZCDC made a start on the mine waiting for vast to get the money then announce the JV
Https://www.mining.com/how-junior-explorers-can-emerge-from-the-dust/
Did AP let something slip in the interview? Just before he spoke of diamonds he was talking about where vast has the option to buy a bigger stake in the new gold mines in Tajikistan. He says if they have money to invest in a MONTH then quickly says in 4 or 6 months. Why say a month??
Does he have a timeline for receiving the diamonds? Also the KP meeting at the start of November. That gives him time to get them cleaned valued and sold. All before the deadline of 29th November.
They are not giving it away as they sold the pickstone mine to buy in. Each of the gold mines ( 12 in total) are bigger than that mine. They use there experience and skills to run the mines
In the interview AP talks about lithium in Tajikistan. All at no cost to us. We just get a slice of profits. 12 mines for gold and silver with the tail kings on top of that. So that will be 13 mines in total just for gold,silver and platinums
Has everyone watched the podcast? At the end when asked about the diamonds he’s trying to fight a big smile back when he says he expects to get them.
The Kimberly process have a big meeting at Victoria falls at the start of November. It will not look good if this process is not sorted and by the time this meeting starts. The host of KP cannot sort this out when the courts say they are rightfully vasts. Also AP has left Zimbabwe, do they now have a time line for releasing them? Before the meeting allows for the placement shares to be cleared and diamonds handed over cleaned and sold before the end of November deadline
"The diamond mining industry, particularly in Zimbabwe is shrouded by a lot of misunderstanding and misconceptions even amongst the media, resulting in uninformed reportage in some cases. It is our duty to engage with the media to inform, demystify and share the correct perspective about the diamond mining industry. We strongly believe that this will in turn result in knowledgeable journalists who will share correct information with the public thereby influencing the understanding of diamond mining in Zimbabwe," Chagonda added.
The media workshop is being held at a time Zimbabwe is preparing to host the Kimberley Process Certification Scheme (KPCS) plenary session from 5 - 11 November 2023, in Victoria Falls.
Could possibly be a nice time to announce something?
Asi BP Q3 results will be tomorrow or early next week as they were last shown on 21st October. That will show income. That’s the important thing with mining companies. But with all the large buys the last few weeks. I take it things are starting to look good. It won’t happen overnight but this should start to move forward and upwards. They are showing income coming in from 2 projects and further developments that aren’t going to cost vast money. It’s positive news. But they want to see money in the bank with mining companies
Missing diamonds. I think they are very close. ZCDC has already started mining at our Mufute JV site ( check their website). That’s in anticipation of vast to join them once diamonds are handed over
We will see tomorrow 😉
Asi you should know I do lots of research. A lot I post is to put ideas out there for others to look into. As I can’t find any more. With Clon who found out who the Jv partners were in Argentina and Chile 🤔
I don’t claim to be the fountain of all knowledge. Find things and post them hoping it sparks interest for others to look into. I have also stated I’ve been told things are coming and they have. You in your statements have just turned them down and written them off. I only try to help others not pump to dump.
Mob
Why are they going to start mining the other materials when they aren’t making any money because No export license has been granted. That’s just building up more debt for the financer is out of pocket and no chance of income until the export license is sorted. Once sorted they can then look at developing the business. With gold at the price it is at the moment why wouldn’t they push at developing these assets? Obviously you have no experience of running a large business
Asi you will as I have apologised to you before when I got something wrong. The only thing I’m unsure of is the release of the podcast
Did you read the last rns? No need for raises in the foreseeable future. The first time they have said that through rns! So they must have shown proof to nomad to convince them to print it in an rns. Do some homework. We you apologise if we get an rns tomorrow?
BO name plate. Tajikistan now exporting and lots of flouride concentrate mined. MOU on the other minerals CAMM has also under the agreement been appointed as exclusive agent for Takob to market and sell all non-ferrous concentrates and precious metals from Takob’s Mine including but not limited to lead, zinc, gold and silver.
Check the ZCDC website. They have started mining in at mature mining field in chaliadzwa . That wasn’t on the website a month or so ago. That is our Jv partner ( with the locals). The did a press conference on honest legit press reporting today. Could things be progressing 🤔
Asi
It’s bad news rns on Fridays. If there’s placing shares left to sell they will want good news to keep the sales going or it drops below the placing. Hold for GOLD!!
Plus as I posted a like by the ZCDC doing a mine tour around the mature mine in chiadzwa . Coincidence or are things moving forward in Zimbabwe??
ASI
We will see. RNS tomorrow and podcast tomorrow or Friday. Q3 results were on the 21st October last year so possibly tomorrow or a tease on the podcast for early next week! If I’m right will I get an apology? I’ve been right before when the bloke down the pub has told me things
The results from the tailings is it’s very rich in other minerals GOLD,silver and platinum group metals. Now they have the export license. Are they start on the JV ?
Vast has also executed a Memorandum of Understanding linked to processing the tailings produced at Takob.
As part of this project, its joint venture partner, Formin TJK (“Formin”), has commenced surveying, soil sampling and preliminary drilling on site at the tailings facility and the results will be announced upon receipt from ALS Romania. Formin reported visible signs of lead, zinc and precious metals, including gold, silver & platinum group metals, in the tailings facility. Initial surface survey results compiled by Formin show that there is a minimum of 1 million tonnes and up to 3.3 million tonnes of tailings. The depth of the tailings is to be determined once drilling is completed.
The funding for this project, which may be up to U$20 million, will be provided by CAMM on the same or similar terms as the Company’s existing Takob Joint Venture Project.
Tailings are Mine Waste. Tailings are the waste materials left after the target mineral is extracted from ore.