RE: The diamonds .....21 Feb 2023 12:56
They lost in the High Court in 2010, they appealed, Vast brought the case
back in January, with the Ministry not contesting the HC 2010 verdict, that
the Diamonds and licenses belonged to afcf (vast now)
Not the only company in this position, Zimbabwe Ministry have uncontested
several cases in recent months, part of President Ed Mnangagwa's decree, that
they get rid of ALL the legacy issues, that are preventing NEW INVESTMENT in
Zimbabwe.
Clean slate and wants more mining and foreign investment in all parts of the
sector, not just Diamonds. Decks now cleared HC 2010 conditions should now
all apply, Diamonds to rightful owners, same with licenses and permitted to
put boots back on the ground and resume operations, which is the big win.
More to come out of the ground. GLA