The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Vast doesn't go with the on the dot of 07.00hrs RNS, many have hit later in the day.
It must be where De Beers gets its diamonds from then, Ebay or Alibaba.
About 10% of the Vast parcel will be gem quality, that's where the money is, the rest will be off to India, China or Israel
Vast should be able to purchase an XRT sorting machine for Manlaia once the diamonds have been sold, let's get those mines working again whilst commodity prices are rising
6.67% rise in Molybdenum on Friday, that's up 93.55% since the New Year, add that to the Copper concentrate sales and BP is now becoming very valuable to Vast Resources.
Placing shares going through...
Noticed earlier there were some regular large sells, as you say Insider sells
Average price of Zimbabwe rough diamonds is about US$90
On average 70% will be low quality rough and the rest will be gem quality, this puts the Vast parcel at a minimum of US$10million
2 carat diamonds can be worth US$500
With this parcel, BP, Manlaia, Blueberry, Tajikistan and rising commodity prices, this SP will not stay low for long
It says from 2010 all Zimbabwe diamonds will have KP certification...
Vast mined after DeBeers gave it up and then had the Asset stolen by Mugabe and his party in 2006. These are not blood diamonds as these were mined legally, as were DeBeers before us.
Come on asimple, you're one of our chief derampers on this BB, you need to get off your high horse and admit vast has a legal right to those diamonds and certification will just be a formality
Just read through the new '10 principles' on the Vast site, if they stick to those all will be good...especially the upcoming signing of a JV in Zimbabwe and progressing Romanian mines
Here's to another exciting and profitable week
With the rising prices of copper and molybdenum they have no need for food banks anymore, those last three deliveries of concentrate more than covered their wages...
Gold, diamonds, platinum and lithium FROM 1st October 2022.
Nice try...
Explains why John Nettleton sold
Nice to read other posters that are fed up with the deramping on this BB
Pecten is one of our resident deramper/shorters, many can be traced back up to four years on this BB, they never have a good thing to say about Vast and will find fault with whatever Vast achieves (they act like a pandemic and the Ukranian war should not of hindered Vast from working). They've had a good 2023 so far that's why they're still here...
Unsure why John Nettleton sold up before the rise, balance books at end of month I pressume or like many of us long term holders made back losses and not wanting to be greedy sold a few if things didn't go to plan with Zimbabwe
Once the RNS informs us that the diamonds are with Vast it's time to start reinvesting again, with assets like BP, Manaila, Blueberry with its own future IPO, Fanlea tailings, other Romanian assets and Tajikistan this won't stay below a penny for long
Large investor, business friend of one of the board members, if he's buying then it good news.
YouTube video from 13 years ago, has ACR boss explaining what happened to the fields
Some have been deramping on here for at least 4 years, ignore them. Derampers on LSE and ADVFN were happily trading and making lots of money as Vast is a favourite for pump, dump and repeat. They've had a cracking four weeks so far. Many showed their true colours.
Day traders sold up today and again in their eyes this is the worst mining company out there, but once $50 million worth of diamonds arrive at Vast, an RNS is issued, it will rise again.
We used to wait months for good news but at the moment we get it every other day.
Zimbabwean rough diamonds, 350000 carats were recently valued at US$140million which should put ours at US$52million. (Source Israeli Diamond) (US$400 per carat)
Once day traders have finished selling it's time to buy again, it's now a game changer for Vast, with those diamonds graded and sold Vast can pay off old debts and no more placings.
Copper has again risen in price and molybdenum is up another 22%, it may be time to open up Vast resources other Romanian mines
Tajikistan we get further revenue
We can now get back to mining in Zimbabwe as they are desperate for western investors
Atlas are gone...probably now wishing they held for longer
Fantastic start to 2023, let's hope this continues
WE WON!