Botswana Diamonds Share Discussion Threads

[lordz] 29/1/2018 10:14

Fenner66.. it's because you're Wrong that's why you can't read the rns. You can't face the facts.

[fenners66] 29/1/2018 10:10

Its not true or false - it was a genuine question - I really could not be bothered to go back and read the RNS's etc....

[lordz] 27/1/2018 17:02

Fenner66.. Your post 3604.. Is false. You must be regarding to the Free State see rns. October 24th 2017

[tomatoma2] 27/1/2018 16:42

From the RNS:Averages1.6 Mt60 cpht US$80/ctCalculates to:In situ carats 960,000In situ value US$76 millionLess capital costsLess recoveriesLess all in costs

[lordz] 26/1/2018 16:04

The overall kimberlite volume has been modelled at 450,000 m(3) - 470,000 m(3) with additional potential volumes of 250,000 m(3) - 330,000 m(3) on which work is currently being undertaken. This equates to between 1.2 M tons - 2.1 M tons using an assessed density of 2.67t/m(3) .The trenching exercise allowed for the verification of drilling and geophysical work. More geological work will be conducted at Thorny River to further refine grade and revenue estimates and extend volume estimates. The processed concentrates produced by the DMS will also be subject to further work. We will do more work to tighten the grade range, to expand the volume to find out where the large stones are and to examine economic development opportunities.

[mickluv1] 26/1/2018 13:01

Sorry Fenners I assume most have you on filter so I'll answer, yes it has been rediscovered as stated it previously released News! But like AK6 with the advent of new technology it is possible to make new finds on old ground! The whole point of backing an exploration company is that we investors expect lots of jam tomorrow type news in the hope that one day the jam will come and be rich and fruitful! Whilst I hold a decent amount here I know I can't win the lottery every day so supplement that with a few bits of profit taking and reinvesting where I can! This will be above 2p at some point over the next 3 months regardless of finds so anyone buying today could make a nice 70% later! It's all part of the game, thanks as always for your input

[fenners66] 26/1/2018 09:51

Since the cheerleaders have not bothered to answer - I am assuming it was.....

[fenners66] 25/1/2018 11:44

I have forgotten - was Thorny River the area that we wondered if it had been worked out 100 years ago?
If it is -that's your obvious answer.

[lordz] 25/1/2018 10:31

Still more work to be done at Thorny River to raise the estimates. Will be great if they could see what happened to those expected bigger diamonds there .

[lordz] 25/1/2018 10:10

Maybe pull a rabbit out of a hat... that's magic.

[lordz] 25/1/2018 10:09

Ok....now what's left...Maibwe .. how much more longer?

[fenners66] 25/1/2018 09:55

Well if you look at the history of the Clontarf mob - you may say that tells you what the results would be - a decade or more of failure and fund-raising merely coincidence ? Just plain unlucky ? For so long?

Some peoples mantra on advfn is follow good management - what is good management ?
Does it come with a decade of failure?

[currypasty] 25/1/2018 09:45

its a pity some seem to know the news before the rns

[elmfield] 25/1/2018 09:43

Everyone knows the risks, even the directors that put cash into this a while
back,
Relax Fenton.

[soldi] 25/1/2018 09:40

The thinking punter will have known that this is an outright gamble - and they won't have put more funds in this than they could afford to lose! Selling the house to buy into this stock would be sheer lunacy.

[fenners66] 25/1/2018 09:34

I bet the punters who bought the dream at 2.25 are incredibly happy right now .......... down 44%

[fenners66] 25/1/2018 09:30

You see I told you they wrote the book - they have found another way to say ...... watch this space......

There is never any definitive news given out by this mob.

It's either jam tomorrow or non-conclusive.

"We recovered insufficient diamonds, particularly the bigger sizes, to produce a valuation which could be used in economic modelling."

Which of course means that all the work undertaken did NOT find a commercial source of diamonds.

But do they just come out with it and say so ?

No .

Or did he just hide it in plain sight ? "However, the diamonds recovered were insufficient".....


" The next work programme will include options to determine the economic viability of the resource."

Options to determine - well it seems one option would be to accept that you did not find a commercial source of diamonds - there you go job done , lets move on........

But he does not want to kill the "dreams" of gamblers who may buy the next round of fund-raising shares.....

After all that is very important.

I thought this bit was funny " We will do more work..... to find out where the large stones are"

Try H Samuel ..... or perhaps they are more Ratners..........

[clinton baptiste] 25/1/2018 09:21

Well said chapchip!

[chapchip] 25/1/2018 08:37

mud appears to be all we ve found!!!!

[mickluv1] 25/1/2018 08:28

Well that's about as clear as mud! I'm concerned that no timelines have been placed on what appears to be additional work?

[elmfield] 23/1/2018 19:11

I think most of us are well aware how things are in Africa,
Probably more aware than you will ever be Fenton.

[lordz] 23/1/2018 18:49

Hey Fenner66 you on the TALK forum as well... Not such a moana on there are you.

[fenners66] 23/1/2018 18:31

What ? Teach the Clontarf mob how to write excuses for lack of progress - I think not - they wrote the book.....

[mickluv1] 23/1/2018 15:24

Hey Fenners it's been a while! See you still trying to teach people how to suck eggs!