Botswana Diamonds Share Discussion Threads

[fenners66] 09/4/2024 09:08

So now they want to reduce the workload of their geologist to zero?
Nice ambition get paid for doing very little ....
As if that has ever happened before.

But of course AI is we are told , only as good as the data it can learn from - has anyone trained the AI before?
How much will it all cost ?
No doubt they are not going to make anyone redundant to pay for it - so admin costs will rise - but they will just capitalise so they can write off later....

Add the words AI and the next fund raise will be lapped up by the gullible huh?

"Too big for timely analysis by humans. "

Well after decades of getting nowhere with the Clontarf kennel they finally acknowledge their humans cannot do something in a timely manner.
Time to turn over a new leaf and fess up to the rest of the inabilities ?

[turbotrader2] 03/4/2024 20:37

Are you on drugs? No diamonds anytime for vast SCAM

[perroverde] 03/4/2024 20:16

Don’t forget they’ve been continuing to squirrel away at KX36 and surroundings. Who knows what they may have found. It’s always been thought there’s a lot more to be found there. And who knows what using the AI stuff to look again at the huge collection of data might reveal (not just diamonds).
Then there’s Ghaghoo.
And a possible JV
And now Swaziland.
And a mcap of £3m. Crackers.

[iceagefarmer] 03/4/2024 19:09

dont underestimate a deal with zimbabwe ,will be mega transformational

[bigbudda] 03/4/2024 18:55

TR would be fab but its needed to generate cash for the other bigger projects broker said our share price should be 4-6p a JV with de Beers or a buy out from them should be what we are after our database in Botswana is 2nd only to DeBeers that alone is worth millions

[tigerbythetail] 03/4/2024 16:51

Hopefully it's something more significant than twaddle about VAST. The mining licence for Thorny Rover would be a BIG BIG deal.

[iceagefarmer] 03/4/2024 15:55

zimbabwe diamond mining deal with vast..word on the street

[tigerbythetail] 03/4/2024 15:30

Suddenly, 35% up.
Leak?
And if so, leak of what?
Anyhow, it's welcome...

[pjl4] 26/3/2024 12:45

Sounds like another funding round - friends and family? or open offer?

[markfrankie] 26/3/2024 10:33

Who left the handbrake off

[fenners66] 25/3/2024 09:51

Half year results ,
met with total apathy from the gamblers.

Not surprising - another £251 lost and more "additions to intangibles"

Roll on another year of massive losses and mugs dipping their hands in their pockets to fund the narrative.

[bigbudda] 27/2/2024 15:45

Yes we are due good news on several fronts cant be long now surely KX36 drill results due any day plus TR licence approval update

[perroverde] 27/2/2024 14:39

Hi TBTT - that would be rather good wouldn't it. So would a return to Marsfontein. So would some nice drill results from KX36 (can't be long now?). Oh and/or confirm of that JV in Botswana. And how about finding some easy big coloured stones in Eswatini, I gather they are already up there looking as we speak.
All of those and that broker's suggestion of 4-6p could come true! (Not holding my breath just yet mind you!)

[tigerbythetail] 27/2/2024 13:31

Go on, BOD, surprise us with the news that you've finally obtained the mining licence for Thorny River. That would set the cat amongst the pigeons!

[tigerbythetail] 20/2/2024 14:17

Broker note on website - non-independent but interesting nonetheless:

botswanadiamonds.co.uk/wp-content/uploads/2024/02/Botswana-Diamonds-FE-Buy-Rec-20-Feb-2024.pdf

[fenners66] 20/2/2024 08:24

I see that BOD has something in common with Petra Diamonds.....

They are losing lots of money too.

[markfrankie] 09/2/2024 15:19

I rode that afd horse from 16p .... those were the days, c'mon JC wave that magic devining* stick again

[markfrankie] 09/2/2024 15:15

Afd actually went to £1.80 but ended the day lower

[799boy] 05/2/2024 17:19

I stand corrected:)

[1teemore] 05/2/2024 15:26

Chapchip - You are correct, went from 6p to £1.60

[fenners66] 05/2/2024 10:24

And Ranieri won the league.... but will not ever be anywhere near winning it again.

[chapchip] 05/2/2024 10:07

799boy....AFD went to £1.60

[799boy] 04/2/2024 07:57

As per JCs post on Linked In. Gives a flavour of the long timelines, the level of expertise that BOD has and the phenomenal return to patient shareholders taking AFD from c2p to c52p.

No doubt JC and the team have learnt a lot since then and exploration technology has moved on significantly.

[fenners66] 01/2/2024 11:24

TigerByTheTail
1 Feb '24 - 09:54 - 7200 of 7200
"good news, of course, is that BOD has no debts and very low overheads"


Just keep telling yourself that ...

How about reading the accounts instead ?

Last full year accounts to June 23

"Administrative expenses £ (566,935)" before the latest pay rises no doubt (after all inflation ! ).

Cumulative losses £ (10,424,780) after having written off (a mistake?) £3.1m in the year...

Just raising cash for the operating expenses - surely now even higher given a new JV and more miles to cover....
would be circa 150million shares another massive dilution for anyone who bought a couple of years ago....

That leaves nothing for actually doing any projects .. which may not matter much.

[tigerbythetail] 01/2/2024 09:54

Hi Perroverde!
I agree that the really big upside is in Botswana.
But how do BOD get the money to explore in Botswana except by ploughing the profits from Thorny River into exploration and development there?
Share placements can only raise tiny "keep the lights on" amounts of money. And it's hard to imagine any other diamond companies funding a JV in the current market.
So, if meaningful progress is to be made, I see the Thorny River licence as crucial.
The good news, of course, is that BOD has no debts and very low overheads, so there isn't a threat to the business, as such. But I'm not enthusiastic about just waiting out the current slump in diamond prices!
Oh well...