UK 23:08 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Oh dear, Oh dear! Vast Resources (VAST) has fessed up that only 98% of the low quality diamonds tendered for sale last week were sold and that the net proceeds from what was sold were a paltry $1.09 million. It is now in crisis.
The tender for sale of the lowest quality diamonds was meant to have taken place last week but there has been no update from Vast Resources (VAST). Meanwhile its shares are plunging towards par of 0.1p.
Fleet Street Legend and champagne socialist Brian Basham is a busy man. When not getting into bed with a former supermodel comrade Basham is planning a campaign against Vast Resources. Following today’s latest disastrous admission, he has written to the bogus Sherriff of AIM, Marcus Stuttard the head of the Oxymorons at AIM Regulation.
On 21 October AIM Sewer posterboy Vast Resources (VAST) announced that the first tender for sale of its diamonds would, at long last take place this week, the week beginning 17 November. That ramp allowed yet another bailout placing , raising £2 million at 0.18p. Today a grim update.
Yesterday, I discussed in detail the latest placing from minus 99.98% AIM uberdog Vast Resources (VAST). But a loyal reader points out another oddity about the fund raise at just 0.18p.
On 25 April Vast Resources (VAST) stated that the Central Bank of Zimbabwe had released the diamonds belonging to Vast and that it would start to sell the diamonds “within a month”
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.
Vast Resources (VAST) owning scrounger Mike Langdon has been warned that if he attempts to come to my house I shall call the Police, given how he has abused and menaced me and also sent abusive emails to my wife. He has responded in a way that makes me convinced that he is unhinged. His latest email reads:
It started with the insults from the moronic scrounger. Then when I did not respond to his demand to meet in Wrexham or Chester he sent his foul and menacing email to my wife. Now Vast Resources (VAST) Resources shareholder Mike Langdon has sent another email to ShareProphets.
I try to keep some of the nastiness I suffer away from my wife lest it upset her. The last email from scrounger Mike Langdon, who wants to have my thoughts Vast Resources (VAST) content for free but says I do not know what I am talking about, was headlined FAO Wanker Winnifrith and ended up with a menacing threat demanding a meeting with me in Chester or Wrexham. Natch I did not reply except via bearcast.
Dealing with folks like Mike Langdon is just terribly draining. It is days like this which make me think of a new career. I was contemplating setting up a snail farm but the Mrs. is convinced that only tossers in London might eat snails not folks here in the grim North and such a venture is folly. Anyhow from one slimey creature with a very limited intelligence and which never pays for anything to another…Mike Langdon
