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Just heard him say we only listed 6 months ago so looks like an old vid I haven't seen before.
Not seen this update on the boards. A.W. from yesterday apparently.
https://www.youtube.com/watch?v=P-lAzdYojHQ
Coking coals actually been doing quite well since Aug time and has a lovely chart pattern playing out imo.
Check the 5yr here its Aussie coking coal but should imagine its fairly indicative to world markets.
https://www.barchart.com/futures/quotes/U7G23/interactive-chart
MSMN could do with someone farming into 145. They've RNS'd permissions today but need a partner for their (hopefully) prolific helium/gas/oil 145 licence.
Time to get on twitter and suggest some of these safer jurisdiction plays to A.C.
Will need help as I'm banned from posting there for whinging a bit at him in the past. lol
Good news this morning, great to see them moving forward with 145.
Thanks for laying it out like that MG.
"If" the full $15M with expenses is recoverable in the not too distant future then I'm going to continue regarding Tilapia as one of their plays.
That's a very good return on their original investment and their "This will now become our primary focus" statement makes it clear they're chasing it hard.
Will wait on updates for timing but not so sad with the news as I was.
No Zenith didn't go in with the wrong attitude in fact Andrea at one point spoke on the "colonial issue" that he said affected aaog when they held tilapia.
pretty sure he said they were happier with zen as zen weren't telling them what to do??
Just don't remember what the vid/link was soz as it was some time ago.
Think they've been well and truly stuffed by corrupt european hating individuals at the behest of the americans myself and suspect large paper bags stuffed with cash were involved somewhere down the line.
How could you trust the congo to stick to a negotiated settlement and compromise?
Only answer is the Paris Courts imho. Any knowledgeable views on how long that could take?
Note they had some issues with the Magee-1 well back in 1992 and that where they were drilling the heavitree Formation had thinned from its normal 200m to c.4.5m.
They seem to have decided they'd drilled in the wrong location?
Thanks chimers, appreciated.
I'm showing 3.7B shares in issue? If correct then the below gives "£2.70 a share.
Thats nuts has to be wrong else look out vast we've got a new pennysuperstar!!
So according to the estimates below the prospective helium, hydrogen and natural gas come to a value of £41.44 billion.
So just the £10 billion for MSMN ha ha
Obviously we would never see these kinds of MC's BUT it does show the enormity of the project and the potential this has to multi-bag with a £3 mil MC
If they produced 54k tons in January as per the podcast they deserve to recover imho if only to pee off the troll on the "other site."
Just been listening to the Vox interview again.
Eighteen months with no real director wages and Andrew still put £82,500 into the co in the raise.
Not bad Andrew not bad at all.
https://www.**********.co.uk/articles/andrew-prelea-of-vast-resources-we-are-the-most-undervalued-stock-on-aim-24e8ba0/
200dsma's interesting. Retested it today for the 2nd time since passing up through it on this rise and seems to have passed the test.
First time above the 200dsma since April 2020 so no mean feat for sentiment imho.
re Marange diamond fields reading back through the RNS's actually found an instance of valuations from 2018.
"Just outside the eastern edge of the property is the closest known diamond mine within the Marange Diamond Fields. Situated within Block E2, the deposit was discovered and operated from late 2010 and records indicate that an average stone size of c.5 ct/stn and an average diamond value of c.$80/ct was achieved from this block. It is estimated that over 60 million carats have been recovered from the Marange Diamond Fields to date."
https://www.investegate.co.uk/vast-resources-plc--vast-/rns/progress-update-on-marange-diamond-field-jv/201810170700042632E/
How can they have trouble with the Kimberly Process Certification Scheme given they're taking over the rotational chair this year?
"Next year Zimbabwe takes over the rotational chair of the Kimberly Process Certification Scheme, a sign that our fellow major diamond producers plus the major buyers reckon we have clean hands, a clean industry, and are a fitting public face of the global industry for 12 months."
https://www.herald.co.zw/editorial-comment-diamonds-are-becoming-zimbabwes-best-friend/
Apologies muck misunderstood.
Isn't diamond polishing/cutting highly specialized work?
Would have thought that would need to be a long term plan as they build up the skills in country?
Its a good plan imo.. don't sell the lithium ore sell concentrate instead its further up the value chain but that's all he's saying and they're going to have to develop the skillsets to do so which takes time and most likely some education from the private sector already working on projects there.
Don't honestly see what this all has to do with a parcel of pre mined diamonds held in a vault and declared the property of vast already but whatever.
Was rather under the impression these diamonds are Vasts property from many years ago and not something they've "mined" since Sept last year.
Don't believe they're even mining in Zim now and won't be unless they get their licences back?
Leaving themselves with 50.80% seems deliberate imo. Noted they're Keeping a controlling stake of the co.