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By Business Reporter – Wednesday 30 September 2020

HARARE (Mining Index) – A SECRET partner is alleged to be part of a diamond joint venture involving AIM listed, Vast Resources Enterprise (VRE) with a community represented by chief Marange, Mining Index has established.

According to a source, the JV between the Vast Resources and the Marange community is not only a tripartite agreement involving the British investor/Chiadzwa Mineral Resources (CMR) and the Zimbabwe Consolidated Diamond Company (ZCDC).

The source further alleged the secret partner as the most dominant voice in the Katanga joint venture (JV) that determines the future and operationalisation of the deal.

“Vast Resources wants to do a joint venture with the community represented by chief Marange. All I can say at this point is that in the Vast Resources deal, the most influential man in Zimbabwe is involved through one of his sons, but the story has not yet been made public, or may never be made public” said a source who requested anonymity.

On 26th September 2019, VRE concluded an official joint venture with Chiadzwa Mining Resources (Pvt) Limited, a company designated to represent Chiadzwa Community interests in the Concession.

Vast now waits to sign a second JV between Katanga ZCDC.

While the delay in concluding the Vast Resources JV is not known, similar mining deals involving international investors from the East were concluded without effort.

Lots happening short term there.

Easy 0.25 from todays price

OH DEAR

Covid 19 excuses, but there is more than this...

SIMPLE.

That Louis will come out today with an RNS stating a "Delay"

If the deal was done, do you not think that there would have been an RNS at 7.00am

Louis is full of **** - hot air and more

Hanging on a thread to his investments

That Louis will come out today with an RNS stating a "Delay"

If the deal was done, do you not think that there would have been an RNS at 7.00am

Louis is full of **** - hot air and more

Hanging on a thread to his investments

Just look at

MOTIF
IMM
to name two

This will never get to market, even with a JV, this will take millions to get to market and an FDA licence

SP is telling you this

Just read all the KIBO rns, from Louis

Truthful, faithful, compliant.....

None of the above

Watch this space... NO DEAL TO BE DONE BY MONTH END

due to a number of bids being submitted. Down to a shortlist of 5

If you believe that there really is "5" left

Watch this space.

With the money raised last time and the warrants excercised, they will still need " short term funding" whilsat they negotiate a JV

Have not enough funds to keep this 201 and 301 funded short term

the next placing

Too many bull**** on the BB and the Twitter feeds, that sucked so many in

Far too frothy, when the results were mediocre

Chances of this getting to market at 50% satisfactory rate, is very low

They will need to raise a lot more money, to take this through

In bid talks

Several long veins of Gold found, in multiple areas !!!

and the first shipment will be going next Thuirsday/Friday

Then the following week we will have the amended Term Sheet which will get rid of Atlas

Then we have the letter from ZIM - Re Diamonds

WHAT IS THERE NOT TO LKE

AP HAS FINALLY GOT US THERE

to £1.45 ....

There you go, simple

With so much news due, within the next week and more, the MM are short of stock, have virtually nothing

Keep the spread wide, load up in the low 0.15's and then sell them in the 0.25's

Its so easy to see

Watching the Tesla presentation and liked this simple clue

'..but it's not all about nickel'

almost all about nickel, then ?

Really like it !

Wont hesitate in shutting down the economy again

Choppy times ahead

Look at this Base and Upper cases for what West Newton may be holding. Assuming standard recoverability and 60% discount on NAV to get the flip, that’s at least $250m net to #ujo that’s nearly 10x current market cap just for one PEDL. 5 to 10 bags from here is not that unreal.

Plus we have so much more... exciting times ahead

10 week return x 5 x 10