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PART 1 OF 3
NOTE: This is a true story, and based on actual events.
The AP extinction event was an event that began on January 1st 2018. The event was triggered by a large sporadic meteor entering the earths atmosphere at a speed of approximately 20km/s.
The meteor (AP-2018, or AP) is believed to have originated from a specific rock group within the Asteroid belt, now known as 'The AP Group'.
In 2019 scientists confirmed that the strong gravitational forces of Jupiter were responsible for the dislodging of AP-2018 from the belt, which would lead to the inevitable disaster that would soon follow.
The impact of AP-2018, which struck the Headquaters office buildings of Vast Resources, with a force equivalent to 20 million tons of TNT, would completely destroy the company, and leave behind what has become known as 'The AP Impact Crater'.
News of the event began to be distributed by the London Stock Exchange at 7am that morning, sending shockwaves through financial markets around the world, and putting fear and uncertainty into the holders of Vast Resources shares.
The impact of AP-2018 generated huge pressures and temperatures in the Earths Crust, forming enormous diamonds in the Vast Resources Chiadzwa concession. (But apparantly, nobody cared about the diamonds anymore?........so I'll move on)
Additional mineralization took place in the hostile conditions that were present at the time of impact, producing 6.5 billion additional shares, which were instantly thrust upwards into the Troposphere, 10km above the Earths surface.
6.5 billion shares then began to spread around the planet, creating a thick, dark and toxic atmosphere, as the suns light began to fade, until eventually it was blocked out completely. AP-2018 had created a cold, dark and volatile planet. Witnesses from around the world claim that they had "feared for their families, as the day was turned into night".
The thick Sulphurous atmosphere that had been created by AP-2018 completely overwhelmed Vast Shareholders as they struggled to breath, and began to slowly suffocate.
PART 2 OF 2
It appears that when Andrew Prelea announced a change in coordinates for our concession, in a video for proactive investors (dated 26.09.19), it wasn't just a simple change of coordinates, but rather, we had just lost Block Eii to Anjin. Compare both the maps for yourself, our Block Eii concession lies on Anjin's claim.
So.....if we did change coordinates, then where was it changed too? ZCDC now only have Portal A left to Joint Venture with, so what's taking so long? Or is it that Vast aren't getting Portal A either.
I have a horrible feeling that we may never get to see a deal completed in zimbabwe at all. This will obviously draw in the question of "what happened to the $1.6M we were placed for". The ZCDC mass resignation probably will not help the situation either.
Andrew Prelea's comment (in relation to the historic claims) of "share holders will be pleasantly suprised" may never even get the chance to surprise us at all.
The company also made an announcement (RNS dated 26.09.19) claiming that the historic claims had been settled my mutual agreement.......but what does that mean exactly? And does the company even have a choice. If zimbabwe says that vast are having nothing, then who is Andrew Prelea to argue with them.
One thing I have noticed over the past month, is that a certain few users on this bulletin board have seemingly directed and focused the conversations towards Baita Plai, in line also with Andrew Prelea's recent focus on Baita Plai.
It was Andrew Prelea, and those few posters that were pumping Chiadzwa and the diamonds up not so long ago, then together they all switched to Baita Plai.........which I find a little bit strange.
Was zimbabwe used as a distraction, in an attempt to reduce the long wait for Baita Plai? Is there actually a few more that already realise that chiadzwa may not be coming?
No doubt those same users, in the typical fashion, will try to dirty this post, change the post header/title, maybe push the post down by filling the board with rubbish, or unite and reinforce each others posts by recommending that same rubbish. The same thing they always do when investors bring their concerns to the board.
You'll know who I mean, they'll all be along shortly.
PART 1 OF 2
We are supposed to be Signing with ZCDC for a joint venture in Chiadzwa........Where is our chiadzwa concession?
We were told about our Chiadzwa community concession with the Marange Zimunya Community Trust, through Red Mercury. We were also told about another concession (Block E2, or Eii) also in Chiadzwa.
Looking on the ZCDC website at the concessions (portals) that ZCDC operate, it's quite clear that the website has not been updated for some time. The website still states that ZCDC operates 8 mining portals, at various stages from evaluation to mining.
1. Portal A
2. Portal B
3. Portal C
4. Portal D
5. Portal E (Chimanimani)
6. Portal Q
7. Portal R
8. T-concessions (none in Chiadzwa)
- Chihota, 160km northwest of chiadzwa
- Penalonga, 80km northeast of chiadzwa
- Mwenezi, 200km southwest of chiadzwa
To start with, we can eliminate both the T-concessions (8) and Portal E (5) as none of these are located in Chiadzwa.
We can also eliminate ZCDC's Portal Q (6) from the list, as Anjin were granted permission to commence mining activities
on the concession as of July 2019.
https://allafrica.com/stories/201907150334.html
This now leaves ZCDC with only 5 mining portals to operate. Portals A,B,C,D and R.
However, Anjin controversially resumed operations in February 2020 in ZCDC's diamond rich concession, Portal B (2) following a directive from the Minister Winston Chitando, which resulted in resignations within ZCDC.
http://kubatana.net/2020/05/01/mining-lifespan-for-zcdc-cut-by-50-as-government-dispossess-lucrative-concession-to-anjin/
Additionally, the link above also states that Anjin refused to surrender their original concession, Portal C (3). Meaning ZCDC are now only left with three portals, portals A, D and R.
Further more, the link above also states that "The company (ZCDC) is now left with Portal A, where they are currently mining", which suggests that portals D and R are no longer in the hands of ZCDC either, only Portal A is.
The link below (if you scroll down the page) shows a map of the chiadzwa concessions, and how they were distributed before they were taken from Anjin and others.
https://globalpressjournal.com/africa/zimbabwe/diamond-rush-shoddy-housing-jobs-eastern-zimbabwe/
Looking back for a moment at Portal C (3). Anjin clearly refused to give this portal up because it was operated by them before it was stripped from them in 2016.
If Anjin refused to surrender portal C (3) because it was originally theirs, then they would have also refused to surrender Block Eii, along with Block Lii aswell. These are the three constituents that make up Anjin's original claim, as shown in the image below, of the identical, but updated map of the chiadzwa concessions.
https://www.google.com/search?q=marange+diamond+fields&tbm=isch&hl=en&chips=q:marange+diamond+fields,g_1:map&prmd=nmiv&hl=en&ved=2ahUKEwjVjbjFhs_pAhUN1IUKHYv8CuYQ4lYoAnoECAEQDA&biw=360&bih=564#imgrc=6BJIrIdZLPYKEM
I highly doubt we will be seeing 4g/t Au throughout the entire batch-sample material. The material used for the rock-chip samples would have been far more selective, and therefore fail to reflect the general grade.
The company may actively try to avoid "preferential" selection of sample material, by taking a second and third sample, but every single sample taken, by default is selectively preferential.
For example, if you were CEO, and it was your job to ensure maximum shareholder value, then it would be in your Interest to obtain test material from the first, second and third best places, ultimately allowing you to publish a preferable set of results..........You wouldn't pick the worst samples to test.
It would therefore probably be more accurate (or sensible) to assume an average top end grade of 2g/t, as Da_Vinci_666 also mentions (£1.1M p/m)
However, £1.1M p/m isn't really a true reflection of the value to Vast Resources. We still have operational expenses that need to be paid, which will clearly reduce that £1.1M p/m.
At that point, AP Mining Group will then deduct their 20% slice, from that now reduced amount, leaving Vast with whatever's left.
Vast would still need to pay their taxes, and repay any money borrowed developing the asset, bearing in mind that burden of repaying development costs are on us, not AP Group.
The fact that these seemingly high grade results have not had much of a response from the market (in terms of share price) is in my opinion testament to the fact that samples only provide local grades, not overall grades, and therefore the market requires the JORC, which is now expected in August/September.
On another note, after watching the latest high speed footage........we maybe able to process 14kt/m, but will Thomas be able to provide it???
PART 2 OF 2
'Plug and play' is a term that might sound soothing to the ears, but this is heavy duty mining equipment. Rails for example need to be bedded safely and securely, and therefore I feel that installation will take a little bit more than just 'plug and play'.
In reality, I think it's reasonable to say 4 weeks installation time, bringing us to the 29th of june (without commissioning)
In all, we have a total of 46 days waiting time before the equipment we receive actually holds any value for us. It's all good having the equipment on site, but if its not contributing towards production, then it clearly has no value until that day.
Although 46 days isn't actually a huge amount of time to wait, the general market will not see it like that. The Market is impatient, and will veiw a 46 day wait as an opportunity to make money elsewhere, and then return later at a lower price for bigger gains.
What frustrates me the most, is that I no longer have any more funds left to average down any further. Those buyers that decide to return within that 46 days wait (when the share price is lower) will have already bagged before I break even.
The recent company announcements, or more specifically, the reaction to that news, has for obvious reasons been disappointing.....up 10%, then straight back down. Then repeat with another 'gap filler' announcement.
It has been known for some time now that Vast are going into production "six months from finance" yet the interest in the company clearly is not here, and the share price demonstrates that.
Vast has become a paradise for traders, and I cannot blame them. In my opinion, the next 46 days will be testing. It's not to hard to predict the incoming news flow.
- The ship has arrived at constanta
- The containers have arrived at Baita Plai
- Photos of the container
- Photos inside the container
- Photos unloading container
The news we've had has not sustained any of the rises in share price, and neither will the upcoming news listed above.
Investing in a company going into production is great. However, investing in a company going into production when the price is lower, is even better.
Selling up now on my losses, is not an option, so unfortunately, like many, I will just have to sit and hope that those who buy in cheaper will stick around for long enough to allow others to have a chance at selling theirs.
PART 1 OF 2
As we all now know, the second shipment of equipment is due to arrive at the port of Constanta on the 21st of May....in 7 days time.
I'm not to sure why posters feel the need to constantly update the board on the ships position in the water, as this will not reduce the 7 days wait that we have.
It worries me that a lorry tracker might exist, which could result in more daily updates, keeping us informed during the additional wait we have in getting our equipment from Constanta to Baita Plai
In an attempt to avoid these daily updates, I will use the timescales from the first shipment.
The first shipment arrived in the port of Constanta on the 27th April (RNS dated 27.04.20), then on the 6th of May the company announced (via twitter) that the equipment had arrived on site at Baita Plai, giving a 9 day delivery waiting time.
Given this, it would be reasonable to assume that the second shipment of containers from Constanta to Baita Plai will also take another 9 Days, therefore making its arrival on site May 30th.
I am however slightly sceptical of the true date the first shipment of containers arrived on site at Baita Plai. In one of the four photos uploaded on twitter, it shows what seems to be a petrol station, along with a motel.
To me, It looks as though the lorry driver has been asked to pull over on the main road, in order for the company to get some photos up on twitter quickly. Take another look for yourself, that image does not look like it was taken on site, as the tweet suggested.
When looking on Google Maps at all the roads around, and out of Baita Plai, there doen't seem to be anything that matches any of the objects or scenery in the photo.
Even when expanding my search, following all the possible routes out for miles, I still cannot find any matches. Leading me to think that the photos were actually taken before it was on site.
Let's not forget that over the past few weeks we've seen numerous posts from frustrated shareholders airing their opinions, about constant delays and the sliding share price. The company clearly needed to announce some form of news quickly........possibly even prematurely.
So......Is the additional waiting time from Constanta to Baita Plai actually more than 9 days......
Let's assume that it is 9 days, and that the second shipment of containers do arrive on site on May 30th. This is still 16 days away, we still need to unload, install and commission the equipment.
https://www.amazon.co.uk/Plug-N-Play-Thomas-Tank/dp/B000H5UYRM