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Vast Resources – just how insolvent is it? More worthless confetti issued

Tom Winnifrith
Monday 7 July 2025
On 12 June Vast Resources (VAST) insisted that the first parcel of diamonds released by the Central Bank of Zimbabwe would be sold “within weeks”. Natch this “good news” saw the shares ramped and, as night follows day, the company raised £2.7 million at 0.35p saying inter alia this was for general working capital.

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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