Botswana Diamonds Share Discussion Threads

[markfrankie] 12/3/2018 18:03

fenners most of us have been here before,,,, we are an exploration company remember, we have good calibre, been there done that, let jc work his majic with the boys

[chapchip] 05/3/2018 15:54

fenners....whilst that probably true....IF they did find anything of substance..financing would be readily available and/or the asset sold and many multiples of the current share price bagged

[chapchip] 05/3/2018 15:53

lordz...are you sure this stock is for you......? have you invested blindly?

[lordz] 05/3/2018 15:49

The cynical1.Well... Are they capable or nothing seems to be happening lately. They have evaluations but no mining.

[fenners66] 01/3/2018 23:21

BOD hasn't got enough money

[thecynical1] 01/3/2018 21:56

lordz....do you know anything about the guys behind BOD? If you did, you wouldn´t ask a question like that.

[mickluv1] 01/3/2018 16:50

JV or sale I reckon.

[lordz] 01/3/2018 12:44

Are BOD capable of own venture or do they need a jv partner in any mining prospect licenses ?

[euclid] 01/3/2018 12:09

PJL4 - GEMD's Ghaghoo mine is already there.

[mickluv1] 28/2/2018 13:52

Where did you obtain that snippet of information sir?

[pjl4] 28/2/2018 11:31

Mining in a game reserve? Could that cause us problems?

[mickluv1] 27/2/2018 17:43

Can one assume that the delayed trades today were buys?

[lordz] 19/2/2018 14:48

That was from .http://www.mining.com/botswana-diamonds-just-raised-695k-boost-exploration/

[lordz] 19/2/2018 14:47

Botswana Diamonds just raised more than $695K to boost explorationCecilia Jamasmie | 5 days ago | 944 | 0 Botswana Diamonds just raised more than $695K to boost explorationPercussion drilling at the Vutomi joint venture in South Africa. (Image courtesy of Botswana Diamonds.)Shares in Africa-focused Botswana Diamonds (LON:BOD) received a much-needed boost on Wednesday after the miner announced it had has raised £500,000 (about $695,060 at current rates) to fund ongoing exploration in South Africa and Botswana.The company said the sum was collected through the issue of 50-million shares to new and existing investors at a price of 1p a share.Miner will begin exploration work in the Sunland Minerals joint venture with Russia's Alrosa.Proceeds from the placing will fund ongoing diamond exploration in South Africa and Botswana, and will also provide the company with additional working capital, Botswana Diamonds said in the statement.Its stock skyrocketed on the news, trading in London 9.79% higher to 1.29p at 3:18 PM local time.The news comes barely a day after the company said it was ready to begin exploration work in the Sunland Minerals joint venture with Russia's Alrosa, the world's top diamond producer by output, in Botswana. It noted initial exploration would focus on the Central Kalahari Game Reserve.Formed in 2013, the joint venture seeks to take advantage of Alrosa's technological expertise to identify high potential targets from Botswana Diamonds' extensive database.In April last year, the partners secured six new prospecting licences in Botswana that are valid for a period of three years until 2020.

[ukgeorge] 19/2/2018 14:37

hxxp://www.miningne.ws/2018/02/15/botswana-diamond-raises-r8-million-to-fund-exploration/#

[mickluv1] 18/2/2018 12:17

I feel something is a foot here just look at the volume! I think we are in for an exciting few months GLA

[markfrankie] 16/2/2018 20:53

Ludlow is back as portside. Like the good old days.....almost
Just need the share price to go ballistic lol

[mickluv1] 16/2/2018 15:14

I think they are still working through the placing shares which is strange as I've not seen this amount of liquidity almost ever here!

[firmor] 16/2/2018 13:33

All buys but price not changed with all the buying I thought the share price would move up anyone?

[lordz] 15/2/2018 10:42

I'd say there's about £200k left to sell.

[fillipe] 15/2/2018 10:29

Indeed, yesterday's news took it up greatly with the ask reaching 1.40p and remaining there overnight - today's news has unimpressed and the drop in the ask to 1.35p.

Both the bid and ask are dealable within, but neither to the same advantage as was the case earlier today.

f

[fenners66] 15/2/2018 10:28

" This work is expected to take up to six months."

How long would it take in a normal company ?

"We are now undertaking a detailed study to refine our processing, geological and commercial parameters."

I.e. prevaricate for as long as possible , maybe even until after the next placing.....

"to a depth of 100m"

"result compares favourably with the published Indicated Resource grade of the neighbouring Klipspringer Mine"

Does not say what depth those resources are at Klipspringer mine - as we have learned over the years it's not what they say its always the details they don't say that matter !

Modus operandi - always try and gain Kudos by association ... and how close is this neighbour ?

Usually they are about 50 miles close..........

[elmfield] 15/2/2018 09:50

News went down yesterday! Lol!