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In Zimbabwe, the Company is preparing for the release of its diamonds previously mined by the Company and preparing for their marketing. Upon the finalisation of the process the Company will recommence its focus on the finalisation of the mining agreement on the Community Diamond Concession in the Marange Diamond Fields.
I wonder over what period of time these diamonds were mined because that would be a reflection of what more is to come.
I'm confused though that the company stock piled them and didn't value them and sell them on a continuous basis? Is that the plan for the future? I don't get that bit??
It will take at least 3 months to retrieve them clean them and have the total quantity valued.
One thing is guaranteed The diamonds are there.
100% we would know if they weren't.
The diamonds alone will double the market cap.
The Romanian mine figures and profit forecast will add 50% to the market cap value
The mining rights once signed off (and they will be) will add at least 300% to the market cap.
6 or 7 months from now we are looking at 7p to 9p
SP
I'm in here big time... I have no doubts about the diamonds and our future in copper but we were at 0.8 in Feb with almost identical comments on the thread. Then not long after we are at 0.44?
So if this is cyclical then it's very tempting to gamble and sell and wait for the drop then buy in again for substantialy less money
What to do What to do
What do you mean why? He is bound by law to say if the diamonds no longer exist. They are assets. If the Romanian mine burned to the ground VAST would have to disclose it.
The next RNS will state that the diamonds have been collected, cleaned and have an estimated value of???
All you need to do is watch the SP jump to 1p out of the blue with no news and that will be your indicator to put your order in for a new Bentley Continental