Member Info for nevergonnaretire

Asset sales..?

Not directly connected but Nasdaq company Namib minerals is looking to invest around $300 - $400 million back into two mothballed gold mines.. probably due to the high prices of gold presently.. but, no doubt the relatively stable political and economic conditions would help also..

Anybody else beginning to get a feeling certain mines in Marange may be getting a wake up call soon...?

0.3p doubtful today.. more likely 0.35 upwards.

A few nice buys this morning.. me too.. as sub placing price is good value.

That's probably why Vast / AP were a little reluctant to release images.. as to most of the so called invested on here they look like pebbles from.your back garden.. I, for once, am.happy with these initial images and to me it confirms the cleaning process is taking place.. many thought this would take days or a couple of weeks, but the reality is that the whole process will take months, possibly most of H2 2025, with diamonds being sold off in batches when they come available. Slowly slowly wins the race

Back to around or just below placing price.. predictable share, will this continue to slide..?

Vast outstanding debts and the historical way the board have done business (good and bad) has done this share no favours.. atlas for example, but hopefully change is on the horizon with debts to be wiped out.

The majority of these SARs will be ro incentivise thenew group of technical advisers.. who could, in turn, make a killing, should this share move on an upwards trajectory.. the lingering thought is that these don't expire until 2028.. surely the price will / should be higher by then..

I think we all know that these will not be settled in cash

Some of the remaining placing shares being sold below the original price... should be able to buy in sub 0.35p next week..

That's the point, I did.. ramping this to death has done nothing, and you, along with others will disappear once all placing shares have been rinsed through..as per the norm..

I have been invested for a long period here..and saying all will be rosey once diamond sales have happened is, simply untrue.. yes, Vast may have a cushion once all debt has been paid, and yes Vast may well get a JV with Baita & Manailla.. and yes, Vast will probably begin to receive monies from Tajik at some point, but not short term imo.

To make this a mid tier co, a lot of things have to happen.. talk of a JV has been touted for months, with no joy.

This year should finally begin the turnaround for Vast, but not as quick as some rampers would make you believe... if they say weeks, expect months or longer.

AP has rinsed the market (pi's) over the last few weeks in order to keep VastCo running.. the diamond situ will last weeks, not days as some would have you believe on here. Expect July to be quiet here, before moving forward later in H2.. assume the is little extra data or production coming out of Baita for time being, and with no imminent funds due via other assets, expect the share price to bleed away until news of diamond sales or joint venture funding.

Vast did have 500T awaiting assaying (rom gov) and selling last i looked.. not sure if anything has happened since, or if Vast will attempt to sell elsewhere.. a chunk of money there..

You will be able to pay 0.35p or lower soon enough.. patience either way..

Frontera = sharebel

It was and has been clear that the likes of these weasels arrive when dilution is near.

I think we all know that this is heading for at least the Placing price of 0.35p.. and lower if positive news doesn't arrive.

What was the warrants monies used for...? Why not raise when higher..?

Production at Baita paused temporarily

And back again to 0.35.. below the Placing price will be the place to start buying.

Which direction next ..?