Botswana Diamonds Share Discussion Threads

[lordz] 25/10/2017 12:30

From old school findings back in the 80's to satellite technology . Great science... it's ground breaking.

[firmor] 25/10/2017 12:09

With the new technology we will get the results next month that only over a week away November it going to be a great month for positive results I think keep holding

[thecynical1] 25/10/2017 09:21

Technology is a wonderful thing.....

[lordz] 25/10/2017 08:49

Fenner66... Surely you must be Able to read the Irish Times

[elmfield] 24/10/2017 20:53

.
Another star quality post from team Fenton.
Rotflol!

[fenners66] 24/10/2017 19:38

Abandoned nearly 150 years ago and no one has gone back to look at it since - the landowners confirmed......

Because ?

There are a huge amount of abandoned mines around the world......

However this one has a back story - there was a war.......

And after the war?

Everyone who mined there or even everyone who ever talked to the miners that mined there got killed?
The secret of riches died with the war ?

No one went back in nearly 150 years ?

Or was it already worked out or un-commercial or indeed no diamonds found?

"suggests the discovered kimberlites do contain diamonds."

Note the article does not say they ever did.

[lordz] 24/10/2017 19:23

The government of Botswana deeply involved in BOD."Botswana heavily relies on the diamond sector to sustain its economy. To ensure sustainable income from the diamond and mining sector even after Diamond is depleted in Botswana, the government established Botswana Diamond (BOD) as an investment arm in the global diamond industry to broaden Botswana's footprint in the lucrative multibillion dollar industry. BOD has an active joint venture with Alrosa, the world's biggest diamond company.Alrosa is using their exclusive exploration technology on the BOD ground in Botswana. South Africa Exploration Vutomi Earn-In Project 20 high-interest kimberlites already identified on the various prospecting rights 10 prospecting rights encompassing nearly 50,000 hectares of highly prospective ground. The Botswana government also owns 15 % of De Beers of which the rest is owned by Anglo American. De Beers and Botswana also own 50-50 shares on Debswana Diamond Company which operates Orapa Letlhakane Damtshaa and Jwaneng Mines. Botswana and De Beers also jointly own Diamond Trading Company Botswana (DTC).

[lordz] 24/10/2017 18:47

Irish firm finds diamond cluster hidden since Boer WarBotswana Diamonds is working in part of a South African province previously unexploredColin Gleeson about 5 hours agoBotswana Diamonds chairman John Teeling said the best place to find a mine "is where there is or was a mine"Dublin-based company Botswana Diamonds has located rocks likely containing diamonds in a region of South Africa that has until now gone unexplored after records were destroyed in the Second Boer War.The John Teeling-chaired exploration firm has begun work in a 50,000 hectare area of the central province of South Africa, close to Kimberley, where a number of diamond mines are now believed to have existed some time prior to 1880.However, a significant economic recession at the time resulted in their permanent curtailment, and most records of the operations were destroyed in the course of the Boer War in 1900.Botswana Diamonds said on Tuesday said its work there, dubbed the Free State Project, had led to the discovery of eight group 1 kimberlites, which are rocks that may contain diamonds.The area's potential for diamonds was discovered after anomalies were identified using satellite imagery. Further evidence was gathered from record archives in Kimberley and Bloemfontein, as well as through follow up work on the ground.Anecdotal evidence indicates that very little, if any, modern exploration technology has been applied to the area, an account supported by the landowners, whose families have been in occupation of the properties for a number of generations.Active exploration has begun in the area consisting of four prospecting rights covering within a kimberlite cluster.More detailed ground work has involved further field observations and the collection of samples from the relevant sites which have been subject to whole rock geochemistry tests by the Council for Geosciences.Extensive historical working suggests the discovered kimberlites do contain diamonds.A detailed ground geophysical survey is currently taking place to assess the size of these kimberlites and the results of this will be announced next month.Botswana Diamonds chairman John Teeling said the best place to find a mine "is where there is or was a mine"."The Free State area was the centre of world diamond mining over 100 years ago but has been neglected," he said. "New technology and new ideas offers opportunities. This approach is paying off for us with the re-discovery of eight kimberlites."Now we have to see what opportunities exist for Botswana Diamonds. Detailed ground geophysics is currently underway, the results of which will be announced next month."

[elmfield] 24/10/2017 18:00

Chap a chip,
Called it right!
Onwards and upwards, we hope.

[lordz] 24/10/2017 17:52

https://www.irishtimes.com/business/energy-and-resources/irish-firm-finds-diamond-cluster-hidden-since-boer-war-1.3267031'Extensive historical working suggests the discovered kimberlites do contain diamonds'This was taken from the Irish Times on Botswana diamonds news.The kimberlites do contain diamonds.

[peterz] 24/10/2017 09:20

I guess this pattern of sell on any bit of 'possibility' of success will continue until there is tangible success in terms of 'these are the diamonds'.

[chapchip] 24/10/2017 08:44

suspect all of todays early gain will be wiped out.......

[lordz] 24/10/2017 08:40

Or even below that price

[chapchip] 24/10/2017 08:38

to be expected if you had bought in around 1.25-1.5p...nice profit

[peterz] 24/10/2017 08:37

A few taking opportunity to take profits.

[lordz] 24/10/2017 08:16

50,000 hectares compared to the one at thorny river is a hell of a ground to be discovered well played.

[dmelon] 23/10/2017 20:46

Following the issue of the Placing Shares there will be a total of 423,002,908 ordinary shares of 0.25p each in issue with each share carrying the right to one vote. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.........Taken from the fundraising rns 3rd August

[teemore] 23/10/2017 20:22

What is the approx. no. of shares on issue at present? thanks

[lordz] 23/10/2017 19:23

Back in the whiskey business again..https://talkofthetown.ie/great-northern-distillery-submit-planning-application-whiskey-storage-facility-kilcurry/

[lordz] 23/10/2017 19:05

Chapchip... if only BOD was the same share price as LUC wouldn't be so bad.

[lordz] 23/10/2017 18:17

Ruthie ...me too .