VAST vast waste of cash?

10 hours ago
1 min read

VAST had a huge and really profitable diamond mine in Zimbabwe. Then Mugabe came along and stole the lot. However, eventually, VAST got some of its stock of uncut diamonds back and shipper them out to Dubai a year ago pending achieving a respectable price.

Unfortunately the selling price for diamonds has generally collapsed - vide De Beers closing their major mine in South Africa.

I do not know what this means for VAST but it is not encouraging stuff. VAST remains suspended at 0.12p and, I fear, will remain that way for a long time costing family Cawkwell c. £60,000

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