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Share Name | Share Symbol | Market | Stock Type |
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Diamonex | DON | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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2.50 |
Top Posts |
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Posted at 16/4/2008 11:13 by aim_trader "Subsequent testing by DiamonEx has since seen the grades revised upwards and the indicated resource increased to 3.7 million carats at an average grade of 27.41 carats per hundred tonnes. There's potential for this to be revised even higher. The current figure is based on four pipes to depths of 110m. One of these pipes, K003, could extend as far as 150m. Luckily for DiamonEx, this is also the best of the four, accounting for 2 million carats of the existing resource. A fifth pipe, K006, is not included in the resource and could add a further 80,000 carats or so." |
Posted at 16/4/2008 11:11 by aim_trader Now that the diamond market has been released from the clutches of De Beers, numerous mining juniors are targeting new discoveries. Few of these firms are making money but one of AIM's latest entrants, Brisbane-based DiamonEx, is about to commence production in Botswana and has multiple prospective licences in the same country and in the US. |
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