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Real-Time news about Brazilian (London Stock Exchange): 0 recent articles
|Brazilian Daily Update: Brazilian is listed in the sector of the London Stock Exchange with ticker BDY. The last closing price for Brazilian was 0.45p.|
Brazilian has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 188,370,722 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Brazilian is £847,668.25.
|holism: We all know the risk reward ratio for a deiamond exploration company. If BDY opens up Canasta the share price will start to move, but these small snippets are almost counter productive because they are not the main play IMHO.|
|holism: Isn't this share and it's price almost all about the next three months or so, which is the time it will take to sort out the environmental permit at Canastra? Once this is out of the way the path to production can commence. At that point the share price will obviously be at a very different level. Until then I do not see a revaluation.|
|oldskoolraver: With the share price at these levels positive news from San Antonio do Bonito River project should push the price north,from the statement it looks like not too long to wait.
In addition to the activities at the SAB headwaters and the Regis pipe described
above, Brazilian Diamonds is advancing its joint venture alluvial diamond bulk
sampling tests downstream on the Santo Antonio do Bonito River and is preparing
to reactivate field operations in the Serra da Canastra region. Additional news
on both of these projects will be released in the coming weeks.|
|dogberry202000: Oh yes, it is "going" somewhere. I expect this thing to be a 10-15 bagger at the very least. You gotta be in it to win it. This is the sort of share that when you lose patience with it you'll soon rue doing so. I wouldn't be surprised to see this company's share price rocket into the stratosphere. I've a nice little holding of these and I'll add if anyone gets too impatient and hammers those sell buttons.
Diamonds are hard to find and Brazil will be one of the major suppliers in future. BDY have excellent land packages and outstanding potential. This is a non-expiring lottery ticket with a very realistic chance of paying off handsomely.|
|seagreen: this share price has been potentially subdued by the issuing of a convertible loan note and the subsequent shorting of the stock price by the convertible hedge fund desks. With the convertible stock now converted into shares this should recover in due coure to reach previous high........as the fundamentals are still good........up in canada last night I see.....|
|maffs0: Interesting rise in Canad share price on Friday- we should see a mark-up on Monday morning. Can't find any news to explain it though.
|rambutan2: from c i t y w i r e piece on sparklers for 2005...
Across the Atlantic in Brazil Brazilian Diamonds is exploring in the Minas Gerais region. It recently inked a deal with diamond giant De Beers in which the South African giant takes a significant stake in Brazilian and also handed over 30 years worth of exploration data gathered on the Minas Gerais region.
This gives significant credibility and should allow Brazilian to prioritise areas it intends to explore across its 230,000 hectares in Minas Gerais.
Brazilian is considering an alluvial mining joint venture on the Santo Antonio river. Alluvial diamonds are washed down stream in rivers rather than dug out of the ground. Bulk sampling starts in early 2005.
At the beginning of December, Brazilian Diamonds announced its first drill hole at the Tucano Project encountered kimberlitic material, ideal for diamonds. However, until it pulls some major stones out of the ground the share price may remain weak - this year it drifted from 35p to 15.5p before recovering to 21.75p.
Diamond mining is tough and even areas with perfect geological make up can fail to produce commercial quantities. Mano River and Brazilian Diamonds are extremely risky due to the early stage nature of their development and the nature of diamond exploration, but rewards for early stage investors could be handsome.|
Brazilian share price data is direct from the London Stock Exchange