Someone expecting a placing? Offer shareholders |
Actually the "focused" on losing other peoples money group have already lost about £56m up to June 2024
there is of course scope to add lots more to that since.....
Nice living if you can get it... |
The thorny River thing is nearby Cheune Resort - wonder if that is exciting as it sounds...
but its also therefore near Siloe Workshop for the Blind... |
Given their "focus" - the word "focus" and one of the clontarf kennels is not something most would put together.
Half a dozen or so people - focusing on....
Botswana , South Africa, Ghana , Jordan, Iraq, Ireland , Offshore Australia, South America , India , USA, gold, diamonds , oil, gas , lithium and there are so many more I have forgotten them....
I cannot imagine half a dozen or so LESS focussed business - I would say leaders - but they have no one to lead and they don't operate projects , so , business administrators.... (look up synonyms for operator you might find something more suitable).
But the message is the same , project talked about for a couple of years a contractor moved on site and got as far as "care and maintenance in October 2023" and nothing is happening again.....
No surprise there then , words , in this case are not cheap 162 losses are what? £45-£55 million so far ? |
Got this message 4 weeks he is always very prompt in replying and honest
Sorry you missed the AGM and hope you are well.
Yes, we hope to have some news on TR soon. It maybe too early to drill due to the low diamond price and yes, we are always looking for quality JVs.
Best regards,
James |
Anyone home |
zimbabwe mining rights im hearing on the grape vine |
In progress already. |
Pa pa pa placing is coming here |
New diamond licences may have been applied for, but, how work is to be performed on them by a company with no cash is yet to be explained. Even assuming the deposits to be viable and that there are lunatics who will fund, by the time money has been raised at current share price levels at the required discount to market our investments will be diluted to worthless.. Like chinese railway stock of days gone by? |
https://pbs.twimg.com/media/GhuBkUMWQAAG6Wh?format=jpg&name=900x900 |
AGM tomorrow good luck. News on Thorny River's mining licence should be good. As JC s reference to KX36 to Ak6 all over again. |
Campbell believes that diamonds "are a very good business to be in, provided you own a world class asset'. |
In tandem with this diamond work, the AI models continue to trawl through the databases looking for gold, copper and lead zinc opportunities. Initial indications are also positive. |
With all this good news would think share price would improve TR should have been signed this week if anyone going to AGM please give an update |
Remember when the apologists said these were a bargain if they went below a penny?
Down 85% since then.
Will they get to almost zero and still keep tapping up gamblers for equity funding ? |
This from 2023 annual financial report. |
Botswana Diamonds plans to generate revenue by developing late-stage projects like Thorny River avoiding traditional fundraising methods. |
Let's hope so I could help out. |
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