Botswana Diamonds Share Discussion Threads

[pirates4] 09/5/2024 13:31

https://www.globalminingreview.com/mining/22022024/lucara-unveils-diamond-recoveries-from-botswana-mine/A kick in the teeth, if only BOD kept the mine.

[pirates4] 07/5/2024 12:13

AK6, done and dealt in the past. Now a KX36 has more potential .

[pirates4] 07/5/2024 09:29

Straight buys on the asking price nothing less.

[pirates4] 07/5/2024 08:56

https://africanfinancials.com/botswana-diamonds-plc-bod-bw-prepares-for-operations-at-thorny-river-expects-1-2m-2-1m-tons-of-ore-by-2024/Not long to go now patience.

[pirates4] 07/5/2024 08:42

The main market was Russia with Alrosa, now they are sanctioned let's get moving.

[pirates4] 07/5/2024 08:21

You'll hear more reference to AFD here, JC has more experience than before when he just joined AFD now BOD. JT soon to be a retiree. JC with the reigns. JC has SA officials, my opinion would be, that get Anglo to do the mining De Beers the selling back to the good ol days. There is so much potential here with reserves and new explorations just a matter if time to get it all into production one at a time and sell. Maiwbe already has loose macro diamonds no need to drill just a few shovel and bucket s JC could do that by himself lol. So much more ahead. Hood luck to all long and new holders jmo.

[pirates4] 07/5/2024 07:15

BOD trying to perform similarly pattern like AFD with all the assets and Ruskys out of play botswana left in South Africa now as a major

[jscapper] 29/4/2024 20:18

De Beers moving to Botswana for diamond sales.
JC with his pen poised!!

[ssorj] 25/4/2024 16:16

Well, we should put in a bid for it - lol. I'm sure JC would make something profitable out of it.

[tigerbythetail] 25/4/2024 10:07

Spoke too soon:

Interestingly, the Wall Street Journal is reporting that Anglo American is considering a sale of its diamond business De Beers.

The WSJ says Anglo has had discussions with potential buyers, in a separate process from BHP’s takeover bid.

It adds:

The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds, the people said. Anglo has signaled to potential suitors that it is open to offers, according to people familiar with the matter.
This plan wouldn’t appear to derail BHP’s ambitions, given it appears to be interested in Anglo’s copper production arm. Forbes are reporting that the De Beers diamond business is “certain to be sold” if the BHP deal goes through.

[tigerbythetail] 25/4/2024 09:07

So BHP bid for Anglo-American (owner of De Beers).
BHP are cutting AAL's platinum and coal assets out of the deal, but keeping De Beers inside it (along with the all-important copper mines). That's a vote of confidence in the future of diamond mining!
(Not so good for platinum / PGM mining in South Africa, though!).

[1teemore] 14/4/2024 19:23

Did someone give fenners66 magic mushrooms for breakfast- the're obviously working!!

[fenners66] 13/4/2024 00:24

TBTT - you honestly have no idea that the board you put so much faith in has with their compatriots run up over £48.5m losses
That they spread themselves so thin there is little wonder.
They supposedly have projects all over the world - but none have any prospect of meaningful sales.
They talk about an oil deal that is still waiting to be "ratified" 16 years later.

Are you the perfect punter ? Silo'd and ignorant of the draw on these people ?

That is what these boards are for - informing others of the "facts" as presented by the accounts and RNS's that they do not read themselves....
Happy to help.

[tigerbythetail] 12/4/2024 15:40

Fenners has been here for years and years - he's part of the furniture. Every bridge must have its troll, and every chat board as well, it seems. It takes all sorts, I suppose.

[799boy] 12/4/2024 14:55

fenners,

I really don’t get it. You suggest that…

‘the sycophants and gamblers following these companies are the ones who have been made fools of ...’

This suggests you are not invested here and never will be. So why on earth do you spend (waste) time on this board? I mean, I know it’s a free world and people can, for the most part do what they choose but surely, surely life has other things to offer you? Maybe time spent travelling? Time with family? Read a book maybe?

I just can’t get my head around your rationale for burning energy on what, in your opinion, is a lost cause. Maybe it’s time to move on to more positive, life enhancing things..?

[tigerbythetail] 12/4/2024 12:57

You know your posts are garbage, Fenners.
BOD is the legal successor company of African Diamonds, which developed the AK6/Karowe mine that was bought by Lucara about a dozen years ago, and which yielded very substantial returns for its investors. So JT and James Campbell have an outstanding track record of success in this field.
I don't know anything at all about the other companies you mention, and care less.

[fenners66] 12/4/2024 11:52

The shares here down 95 % from their one time highs and the trajectory has followed the same pattern as ARK, CLON and PET...
no surprises there at all...

[fenners66] 12/4/2024 11:49

Well those RNS's have gone down really well...

TBTT - are you aware of the narrative of the rest of the Clontarf companies or are you just looking at BOD in isolation?

20 years of "exploration " failure. Just decades of losses.

Then the same small group of people supposed to be running all these companies all over the world in all these different fields ...and to add in a new AI expert - the same person who has been trying for years to get greenore gold going with Finn as a director and then as a director of a company that provided services ....

And the market isn't buying it....

I would suggest the sycophants and gamblers following these companies are the ones who have been made fools of ...

[tigerbythetail] 11/4/2024 09:25

Oh Fenners, you did make a bit of a fool of yourself yesterday. The whole point of AI is that it employs very few people, with one operator doing the gruntwork it would usually take 100 post-grad geology students to do. Truly, it will change the world, and not all in good ways. In my own field it will cause thousands of redundancies of highly-skilled and highly-paid workers.
As for today's news, yes, it's possible but unlikely that the new suspected kimberlite pipes aren't kimberlite at all, or that they are not diamondiferous (unlike KX-36). But James Campbell is a world-class expert, so I trust his judgement.

[fenners66] 11/4/2024 09:16

Or maybe nothing at all

[tigerbythetail] 11/4/2024 07:55

Almost total indifference from market!
I note this post on LSE:
"In JT summary he states the original 3.5ha has almost 9 million carats. So with extra 12 + 6ha found, that's potentially 54 million more carats. Total of say 60 to round. At the inferred $65 per carat that is 3.9 billion in value, but of course there are huge set up costs etc... but this could be the next big diamond mine, and the likes of De Beers etc could be tempted to place in an offer. Quick maths, so would need to check... But WOW potential."
Actually, it's better than this, speaking purely mathematically. If you equate any kimberlite pipe to a tube, and the shape of the open pit required to mine it as an inverted cone, then the larger the surface area of the kimberlite pipe, the deeper it remains economic to mine (lower strip ratios). But that's jumping ahead a bit!

[tigerbythetail] 11/4/2024 06:53

RNS out - new potential discovery near KX36 in Botswana and figures on the size of first find.
If you do the maths, the discovery could be huge.
(Presumably humans made this find and not AI!)

[fenners66] 09/4/2024 17:35

Apart from the name Planetary AI - what is there link or competance with AI ?

[perroverde] 09/4/2024 11:00

The people doing this job are Planetary AI and International Geoscience Services, the latter having a multitude of international mining and exploration corporate and Government clients including The World Bank in the USA, The Foreign and Commonwealth Office in the UK.
In Africa they have done projects across Africa (Mozambique, Zambia, Kenya, Malawi, Cameroon, Sudan, South Sudan, Tanzania, Burkina Faso, Nigeria, Mauritania, Liberia and Sierra Leone, mostly in conjunction with projects often funded by The World Bank.
More specifically and more importantly from a BOD perspective, in Botswana they worked for the Ministry of Minerals, Energy and Water on a Government-sponsored plan to transform the Department of Geological Survey to a statutory public entity known as the Botswana Geoscience Institute (BGI).

They don't necessarily need a big balance sheet or a herd of employees to do what they do and would appear extremely well equipped and experienced to do this particular job.

[fenners66] 09/4/2024 10:22

Strange thing is that Companies House has a number of different references to G I B all born same month and year
but not listed as the directorships held as the same person....

Perhaps its coincidence or perhaps these are the same ...

Magnum Resources Newry Co. Down , dissolved
PLANETARY AI LIMITED
GRID SURVEYS EUROPE LTD Sutherland Scotland
LOCH TAY HOLDINGS LTD - With that man Finn again
HEBRIDEAN NEW METALS LIMITED Sutherland Scotland
etc

Wow such a busy man - how does he keep up ?
All those companies to devote all the time to , how do they make them a success ?