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Today 20:36Price: 0.61
WHamBoy146 posts
RE: Zimbabwe

I agree that the potential in Zimbabwe is huge. It’s interesting that AP and Tucker quickly bought some shares. I assume that the closed period ended and they saw a small window of opportunity in which they were able to buy shares in vast, before news of additional ventures became known, which would effectively shut them both out of the market again. Bodes well for the rest us with sizeable holdings in vast.
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Today 20:27Price: 0.61
angusrjy2,184 posts
RE: Zimbabwe

remember AP's words - Going to Zimbabwe to duscuss matters not even yet known by the market!! Oooooohhhhh!!!!
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Today 20:26Price: 0.61
Jayfella721,150 posts
AP.

Importantly, the senior management of Vast has been working closely with the community leaders and is developing strong ties with local stakeholders. The wellbeing and advancement of the community is paramount to the success of a long-term business within the Marange Diamond Fields."
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Today 19:37Price: 0.61
schmoops417 posts
RE: Marange Documentary

I'm all for Vast's ethical and environmental ethos in this deal, it will do wonders for our reputation and likely give us brownie points for other ventures elsewhere in Manicaland and beyond.

Well done to AP and Mark for striking a fantastic opportunity in an area that is traditionally tense and wary of miners.
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Today 19:34Price: 0.61
schmoops417 posts
RE: Rio Tinto

Well, Rio exited Zim a few years ago after 60 years of presence (they owned a mine "Murowa" about 200km to the west of Marange), but it was only scraping 0.9 carats/ton (vs our potential 50-500 or 100-200 AVG) ;)

They sold the mine to Rio Zim Ltd, a local entity, so it's not actually Rio Tinto anymore...
http://www.mining.com/rio-tinto-sells-murowa-diamond-mine-and-leaves-zimbabwe/

Perhaps they may be interested in returning for a JV with our new SPV, would be juicy goss.

Here's a nice snippet at the bottom of that article:

"But the country has practically run out of alluvial gems deposits and existing miners argue they have neither the expertise nor the resources to search for new deposits underground.

Yet Zimbabwe still holds enough diamonds to meet about 25% of the current global demand."

...this is where Vast and BOD come in to mine the remaining concessions and with the expertise of BOD, identify new kimberlites outside of Marange ;)

It's like we have first mover advantage again, just like Romania.
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Today 16:30Price: 0.61
FirstTimeBagger392 posts
RE: Marange Documentary

A new documentary on Marange has been released which covers some of the issues facing the communities in Marange. I have to say the deal being by brokered by Vast giving the community 25% profit share could be a real game changer for people in the area. It’s disgusting how the other companies have behaved, let’s hope Vast sets a good example which benefits everyone.

https://m.youtube.com/watch?v=UKTovWEYHdc#
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Today 15:31Price: 0.61
Morningsun306 posts
RE: Rio Tinto

Just heard on Bloomberg TV that Rio tinto is closing it's argyle mine in Australia in 2020 and their Canadian mine in 2024. Their CEO just stated that Rio likes diamonds so they have to find replacements.

Always good to know that big players are looking for what we have!

GLA
MS
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Today 13:26Price: 0.61
schmoops417 posts
RE: Just noticed on Twitter....

Strictly speaking Vast already does operate as several entities given each mine is owned by a different subsidiary/acquired business, Vast is just a group.
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Today 13:22Price: 0.61
ian673,550 posts
re cast

Anyway shift finished, started at 445 dark o clock . So off to freshen up and back for 4pm to close the gaff. :-)
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Today 13:20Price: 0.61
ian673,550 posts
re morning cast

Don't get me wrong, i have not time for any of them the red is a total zoomer and our one is wired to the moon. They only feather their own nests at our expense. Chuck in imo. Thing are looking good for us and i believe others will soon cotton on to the fact that we are one of the safer bets on AIM.
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