Far too much for one Company.12 Jun 2025 11:50
Diamond Windfall , brings Wealth and Responsibilities . Vast Resources now has a HUGE PROBLEM, that comes with that Wealth. AP must tread carefully and I give him credit, Enormous credit, for seeing where his responsibility lies by putting in place, NOW, the Management Structure to manage Where the Diamond Windfall is best placed to serve Vast shareholders interests. However much Vast Resources Banks from Diamonds sale, it will NOT COVER all Vast Resources Assets RE-INSTATEMENT, therefore better to put in place now, the Assets Vast Res would be better selling.
Vast has far too much for any one Company to manage, effectively. It would take many years for Vast Resources to build the necessary Structure to Manage the Enormous amount of Minerals that Vast has accumulated within their Ownership.
A Sale of some or all of Vast Resources assets is a gimme. Can you imagine the Huge cost of bringing their entire estate into Production and then having to Manage the Storage and Sale of that Production, spread over 2 Continents?
Rare Earth Minerals in Romania & Tajikistan represent a remarkable opportunity, but that comes with ACCESS ISSUES that will require MASSIVE Infrastructure spending, this applies to Gold, Silver and 700 other Minerals identified in Asian area, Personally, I dont see that as best use of Vast Resources new found Wealth. Logistical problems exist and must be costed.
The Diamonds issue whilst Vital to health of Vast Res is not the be all and end all, there is far more. The final Valuation and Money Banked here is looking like being, Astronomical.