Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Smokin the diamond news has been due for 6 months now, I mean what does ‘shortly’ even mean? Is that longer than imminently ffs? There is no timeline on this news, could be tomorrow, 6 months time or never. One excuse after another. BP however is progressing albeit behind schedule. The focus at the moment should be on that at least that is to some degree within their control.
I’d hardly saying he has been pumping it. I am very pleased with the updates regarding BP. If no updates you would have been screaming delays and nothing leaving Chinese ports and blah, blah, blah.... If you’ve sold today you’ve done so at a loss so soak it up, your choice but please refrain from returning to your incessant negative posting due to your trading position. It’s tedious to put it mildly. If you actually look at progress being made with matters within the company’s control VAST are doing well all things considered.
To be fair the Zimbabwean minister for mines, who you think would be in the know, did say the week prior to the supposed signing, that it was going ahead. CEO had been in country for two months and all in order from VASTs point of view so why would he not expect the signing. VAST have done their bit. This is between ZCDC and community, so we continue to wait. It’s not like loads of other companies are being signed off and we are been left out in the cold. It’ll be worth the wait.
Agree with you there on BP 2P. Not so sure about the diamonds the way they’ve structured this finance the diamonds are pivotal, well for LTHs at any rate, if we want to see any return on our investment. If we get them then happy days, if not .... we’ll let’s wait and see. Not happy myself about all the money we’ve supposedly put into diamonds so far. Poor management of cash, BP could have been running bc and producing profit by now if VAST hadn’t had their heads turned.
It’s just my opinion but I really don’t think this signing needs a mining conference for it to happen. It will happen when the ‘loose ends’ are sorted and not before, mining conference or not. I also believe that the structure of the deal will generate enough interest all on its own. No one knows when this will happen but let’s hope it’s soon because the clock is ticking for ATLAS repayment and we need those diamonds to avoid dilution further down the road. Good luck all let’s hope this is the week!
Mark are you seriously asking that question? Around 10 billion shares in circulation sine perhaps. Have you actually thought what the market cap would be at 26p? Be positive by all means but mix in a bit of realism with it - pretty please!