Vast Resources Share Discussion Threads

[demonboy] 27/1/2020 16:16

Something must be in the pipeline as the debt was inline with marketcap.

[loglorry1] 27/1/2020 15:46

Jak I think the loan may have been repaid out of funds raised in the last raise. However if that is the case then they are even more skint than I thought.

[carla1] 27/1/2020 15:42

Fill ya boots kidda

[edjge2] 27/1/2020 15:41

point taken JakNife lets see what carla1 has to say

[edjge2] 27/1/2020 15:30

the loan story builds here but risk takers may be enticed by a more rapidly dropping price with a shorters bounce on news likelyhood. I'll lower my adder target but news may arrive this week.

[demonboy] 27/1/2020 14:26

That news from July 2019 https://bulawayo24.com/index-id-news-sc-national-byo-176267.htmlThis news from December 2019.

[jayfella72] 27/1/2020 12:38

 ALROSA has never, under no circumstances considered, and does not consider the possibility of entering the Marange region.http://eng.alrosa.ru/alrosa-signs-joint-venture-agreement-in-zimbabwe/

[demonboy] 27/1/2020 12:28

This is a joint venture between Alrosa and the ZCDC. It will look at greenfield and brownfield projects. So there will be exploration in new areas that are not known to have diamonds and there will also be work in areas such as Marange and Chimanimani which are known to have diamonds. This is part of our vision to produce 10-million carats annually and to earn $1bn every year from diamonds," he said.From CEO of alrosa.

[loglorry1] 27/1/2020 10:40

Jak its a bit worse than that. The loan from Sub-Sahara Goldia Investment of $1m is also due at the latest by end of April. It was down as current liabilities in the accounts to April 2019 which means it is due in a year. Could be due sooner obviously they don't say.

If they don't pay they lose Romania. Also worth nothing the Zim license ppl are so excited about is an exploration license of a block not the old De'Beers mine. They'll be a lot of explo spend before they even know if the concession is worth exploiting.

[nasarsaddique] 27/1/2020 10:28

https://www.miningreview.com/diamonds-gems/botswana-diamonds-old-deposits-new-technology/

[jayrh] 27/1/2020 09:56

So you can count you learn something everyday

[ciminna] 26/1/2020 23:10

Any reason no mention of the on the board?

[nasarsaddique] 26/1/2020 21:52

https://twitter.com/Share_Talk/status/1221494538776137728?s=19

[nasarsaddique] 24/1/2020 15:57

I'm hoping for some update before the end of the month, so by next Friday

[edjge2] 24/1/2020 15:49

big one is delayed but I suppose we lie in wait

[nasarsaddique] 24/1/2020 15:36

No idea, hope so.