Member Info for mizman

You mean close down.

Talking about the other board, why is it so quiet?

Sadly will be cheaper next week if no news.

Just traders. Need some news

Depends on how long the delay is. Needs to be this week or other wise not looking good short term.

Yes I have also received this letter. It is why that Scum Dazza has been posting nonsense on the other board. Hope they all get jail time.

Nice try. ZCDC can do what they want with their % of diamonds. VAST can sell theirs no problems.

My £1k buy down as sell.

We only need MOA to start mining for the diamonds and that could land next week.

JV is just the formalities and not the crucial part.

That's a big gamble. Wish you luck.

Could be good news. However the government May change the rules, so it's not guaranteed.

If the rules are changed, how long is soon? KOOVS only have 6 weeks left on life support.

VAST will have funding in the bank this week and brokers note confirming 2p for Baita Plai mine.

I doubt the funding will be sorted in time. Clock is ticking down sadly for KOOVS.

The possibility of diamond contributing USD 1 billion Is it very high?
Zimbabwe in the Marange field has the largest diamond field in the world in terms of carats produced, estimated to have produced 16,9 million carats in 2013 that is about 13 per cent of the global rough diamond supply. However, diamond production at Marange is estimated at under USD 60 per carat while some diamond mines in the world produce rough diamonds valued at over USD 1000 per carat.

Zimbabwe has other diamonds reserves in Masvingo, that is Chivi, Beitbridge, Mwenezi, and Mazvihwa in Zvishavane where the diamond miner RioZim’s Murowa diamond is the miner. Murowa diamond at its Mazvihwa reserves has a record high of 740,244 carats in 2018.

Vast resources PLCThe President of Zimbabwe and the Minister of Mines and Mining Development were optimistic that the diamond sector will have an immense contribution than before through the coming in of world’s biggest miners in the diamond sector like Anjin, Alrosa, and Vast Resources.

https://miningzimbabwe.com/usd12-billion-road-map-achievable/

Older and wiser, please explain your comments.

Which planet are you on? BP has funding with equipment ordered and on it's way. Production will start in December and details of the vast resources will be issued via new broker note. Add to that the new offtaker and keeping Mercuria, no wonder AP thinks BP is worth 2p on its own!

And then there's the monster marange diamonds. Largest in the world. VAST is 8-10 undervalued according to AP. You can see why the market has seriously undervalued VAST.

https://www.bbc.co.uk/news/amp/business-50350535

Wait till the MOA is signed. Then you'll know the true potential of this monster. 1.44 could still be easily be broken within days.

Probably won't happen, but an after market RNS would be great.

How are purchases going to be founded?