Vast Resources Share Discussion Threads

[costax1654x] 13/9/2018 17:08

Good news...government might fall down tomorrow.

[costax1654x] 13/9/2018 14:27

Romanian government will not last more than 1 month!

[32sam] 12/9/2018 08:39

Hopefully news soon! on many fronts..

GA
Sam

[the patient investor] 11/9/2018 23:06

lol
thx again

awaiting the encore

[temmujin] 10/9/2018 22:52

my patience wearing thin here...Prelea better deliver soon and bloody results better be good

[jayfella72] 10/9/2018 15:43

Marange..... https://youtu.be/VUCemqpWpKY

[jayfella72] 10/9/2018 15:42

Marange..... https://youtu.be/VUCemqpWpKY

[costax1654x] 10/9/2018 07:19

1 month max I hope!

[lordz] 09/9/2018 09:16

Or have Vast gone through Red Mercury to avoid it.

[lordz] 09/9/2018 09:15

Would this law apply to Vast in Zimbabwe marange diamond fields.https://www.techzim.co.zw/2018/03/silently-the-changes-to-the-zimbabwean-indigenisation-law-have-been-made-into-law/Silently, The Changes To The Zimbabwean Indigenisation Law Have Been Made Into LawPosted Sun 18 Mar 2018 by Tinashe Nyahasha (@tnyahasha)One of the most topical issues raised in the 2018 National Budget by Patrick Chinamasa is the issue of the indigenisation law amendment. The amendments that were tabled signaled a very significant departure from the Robert Mugabe regime by the Emmerson Mnangagwa government.When he presented the budget in parliament, Chinamasa promised that the legislative processes to reform this piece of law would be done in the first quarter of 2018. The promise has been kept. We all thought the changes would be on the Indigenisation Act itself but the changes came through the back door somewhat.The changes to this law were hidden in the annual Finance Act which usually deals with just taxation issues. Like a regular act that it is the Finance Act passed through parliament without much debate. The changes were gazetted as law on the 14th of March.It's surprising why the government did not make much noise about this law coming into effect seeing that it is probably the most radical and popular change they have made so far. Mnangagwa is on a crusade declaring that Zimbabwe is open for business. If anything would prove his sincerity on this it would be changes to the indigenisation law. If I were him I would have blown the trumpet on the 14th.What are the changes made? To be honest, for all intents and purposes the indigenisation law as instituted by Bob is as good as repealed.Only diamond and platinum extraction to have any stipulated restrictionAny investor from any part of the world is now free to incorporate, acquire or control any business they so wish and have as much shareholding as they wish. This is only restricted when it comes to the mining of diamonds or platinum. These are the only two types of businesses in which there is a 51% local shareholding stipulation.Not so strict even for diamond and platinumEven so, for diamond and platinum mining the provision says the 51% ownership of these operations by the local designated entities would be achieved through the course of time. The designated entities can include community share ownership trusts or employee share ownership schemes or non of these. The responsible minister has been given the job to work out those kinks with foreign companies in these sectors or those that would come in.

[costax1654x] 07/9/2018 16:29

Not with this government,but I don't think we will have a government for long!

[costax1654x] 07/9/2018 16:28

I'm planning to buy here,Cause I know that licence will come

[costax1654x] 07/9/2018 16:28

I'm romanian,and I know that agencies like ANRM are very slow,corupt,and is a proper mess in Romania with the paperwork!