Botswana Diamonds Share Discussion Threads

[1teemore] 16/2/2021 12:44

Agree and any percentage of something is better than 100% of nothing! Exploration is an expensive business with no guarantees.

[ein4] 16/2/2021 12:32

Agreed Perroverde and Thorny River to come, looking good.

[holdingtight] 16/2/2021 12:19

Totally agree. Along with sharing risk and a focus on speed.

[perroverde] 16/2/2021 12:14

I wouldn't call having a (large, wealthy, experienced and ambitious) partner spending £millions on exploring and developing the properties in return for 50% of the loot (ok, and some more if they strike big) exactly 'giving it away'? You can't get bank loan for this sort of thing so the alternative would be significant dilution for shareholders and need for a much bigger infrastructure.
Much better this way, this deal is a really good one imo.
And don't forget the revenue potential from the works they're going to be doing for the owner (ie BOD!) of that state-of-the-art Bulk Sampling plant just up the road.

[georgeo1] 16/2/2021 11:52

BOD seems to love giving everything away for basically nothing. New partners seem to get more like with VAST. It's always BOD keep like no more than 20 percent on prospecting licences. Its a bargain for 3rd parties except they do the donkey work which BOD knows is not easy in Botswana.

[holdingtight] 16/2/2021 10:49

Yep, it's all lining up nicely. They've got so many prospects, this has got to become something pretty big.

[firmor] 16/2/2021 10:20

Good RNS today on J.V news to move exploration forward with diamexstrat experience team and fully funded looking great exciting times ahead .we may get an update on thorny river drilling results soon

[thecynical1] 10/2/2021 13:25

Hi Walter - thanks.

I have been following his tweets this morning for the fun of it......looks like someone who just watches the market and tweets news that is freely available along with some fairly inane comments from himself....😁😁

[walterwhite1] 10/2/2021 12:11

cynical - no I'm not following atm but i did a search for hashtag BOD and he'd recommended it as a BUY. And I've no idea about his track record, but by the looks of it he's very active on twitter - lots of tips and analysis. I probably will follow him at some point tbh

[holdingtight] 10/2/2021 11:57

It's happened before.

[ducky fuzz] 10/2/2021 11:52

Online its 0.91p sell and 0.937p buy

Everything under 0.92p is a sell.

edit ... Roughly 870k sells and 120k buys

[thecynical1] 10/2/2021 11:50

Less than 10k worth of shares have traded.....would ve pretty sad if the price buckled ??? Apart from that, there seems to be news in the offing so not sure people are selling....? 🤔🤔

[holdingtight] 10/2/2021 10:42

Holding up well despite the sells - or are they in fact buys !

[ducky fuzz] 10/2/2021 09:25

Hi tc .. there was a 500k sell first thing.

I think 1p is quite a phycological barrier.

[thecynical1] 10/2/2021 09:17

Strange that this has ground to a sudden halt..... the sells going through are tiny in monetary terms....I wonder...

[oldtimer169] 10/2/2021 09:02

FWIW Lucara advised this morning that their results will be released on 22nd February.

[thecynical1] 09/2/2021 21:54

Walter - that guy has just over 1100 followers....if you don't me asking, are you one of them? 😎😎😎

What is his track record like? 🤔🤔.

[walterwhite1] 09/2/2021 21:13

From Lloyd Phillips twitter

Buy recommendation for 10/02/21
BOD
GST
PPG
PLW

And regarding BOD - I would also guess, that something exciting is going on in the background. The chart suggests that someone in Africa is leaking positive info. Can't wait to see the eventual RNS.

[thecynical1] 09/2/2021 16:46

Ok....now, there is definitely something going on in the background.....???? 😎😎😎

[thecynical1] 09/2/2021 15:42

Not even I am that cynical.....😁;😁

[thecynical1] 09/2/2021 15:41

Ducky! 😁😁😁😁8513;

[holdingtight] 09/2/2021 15:05

Could do, that last still doesn't appear to have impacted the price yet.

[ducky fuzz] 09/2/2021 14:59

you might see 1p on the buy side today. DF

[holdingtight] 09/2/2021 12:17

Your glass is half empty DF - is the PET effect spilling over ?

[ducky fuzz] 09/2/2021 11:35

tc .. I was trying to be funny. Maybe even a little cynical. DF