Botswana Diamonds Share Discussion Threads

[pjl4] 29/12/2020 12:57

Some uplift today.....?

[elmfield] 29/12/2020 12:43

And a very happy new year!
JC been talking to rough polished mag.

[mickluv1] 24/12/2020 12:48

Merry Christmas TC1 and to all.

[thecynical1] 24/12/2020 08:34

I hope everyone has a good Christmas!

2021 can only be a better year!!!

[georgeo1] 23/12/2020 16:32

Another covid variant in SA.

[ein4] 16/12/2020 17:15

I agree, reckon the future here looks great and not to far away?

[ein4] 16/12/2020 17:14

I agree, reckon the future here looks great and not to far away?

[elmfield] 16/12/2020 14:15

If it were easy it would not beso valuable. Come on we are so close.The potential is huge, imv.

[oldtimer169] 16/12/2020 12:17

Well said walter.I see this as a very positive update.DYOR

[georgeo1] 16/12/2020 12:08

Just a panic mode.

[walterwhite1] 16/12/2020 11:38

George get a grip :-)
Discovering a significant diamond resource takes time and accuracy.
If this is what we hope it is the big boys will clamouring for a piece of the action I think. 2021 could be a fantastic year for us.
Keep the faith

[perroverde] 16/12/2020 07:54

They aren't 'empty' Georgo they are hopefully 'full of diamonds' and give a very good indication of the size of the blow (although I agree the graph isn't particularly enlightening info-wise). Each step is increasing confidence in the viability of this blow and the next step in January will give confirm of size volume and quality (ie commerciality/value). They wouldn't be doing it if they weren't pretty confident. And they now think there is also another blow further along too.
Nearly there now, patience required!

[georgeo1] 16/12/2020 07:26

Then more time,drilling and sampling its just taking forever.

[georgeo1] 16/12/2020 07:23

The 3d image shows no diamond find just empty pipes. Do they have to do more drilling 'campaign ' to find the diamonds.

[oldtimer169] 14/12/2020 09:50

One day Rodney we'll be funded out of internally generated cashflow...and if so the share price will likely be a multiple of the current price.There's a lot going on with a good spread of project and country risk.Happy to be part of the journey.DYOR

[perroverde] 14/12/2020 09:48

Holdingtight - IMO that's absolutely spot-on (on all counts!)
I personally don't feel too concerned about funding situation - there is no big overhead to service, so money will only be asked for mainly for specific project requirements. Which is quite normal for an exploration company.

[holdingtight] 14/12/2020 09:26

First part is standard.Second to be answered by one of a farm-in, sale of an asset, or indeed a fund raise. Or combination perhaps. IMO.They have plenty of assets and if they can show value in anyone of them, they ought to be able to raise funds at a much higher price.This share should be a lot of fun, and is a bargain right now. These little dips, whilst confounding, are great for topping up.IMO

[currypasty] 14/12/2020 09:24

some have been here 2 months short of 10 years (see post 6 etc on this thread, price was around 5p), averaging down along the way. I added on 17th, and 22 nov 2017 at 2 pence, and more recently on 2/12/20 at 0.9p.
It is a shame we are skint again, but one day things will turn

[oldtimer169] 14/12/2020 09:09

Someone trying to get in on the cheap...lol...DYOR

[currypasty] 14/12/2020 08:34

that's a shame..

"These conditions represent a material uncertainty that may cast doubt on the Group's ability to continue as a going concern.
The directors have prepared cashflow projections and forecasts for a period of not less than 12 months from the date of this report which indicate that the group will require additional finance to fund working capital requirements"

[georgeo1] 14/12/2020 07:55

This is interesting.. but where.We are also looking at a project in an area known to contain kimberlite pipes. It is early stage. The current law demands 51% local ownership. We have no issues with a joint venture as long as there is sufficient financial incentive for Botswana Diamonds.

[georgeo1] 13/12/2020 20:02

https://www.irishtimes.com/business/energy-and-resources/botswana-diamonds-to-acquire-kimberlite-pipe-in-kalahari-1.4308648

[holdingtight] 13/12/2020 19:19

It's brewing up nicely. Fingers crossed.

[georgeo1] 13/12/2020 16:14

Both kimberlite and kimberlite breccia are being analysed for diamonds and indicators. We have enough data to construct a preliminary 3D model of the resource and to estimate kimberlite volumes. Following this we will perform core drilling to confirm the precise geology and kimberlite profile.