Botswana Diamonds Share Discussion Threads

[varrirob] 06/12/2014 00:21

This is definitely the higher risk diamond company I have. It would be good to have a small bit of positive info before Christmas.

[markfrankie] 05/12/2014 22:21

Resistance both directions..... I wonder which way will win?
Wish I had bought my last tranch today instead of ~ 3p
Do we have enough dosh for 2015 ? Russians seemed pretty interested in the prospects, fingers are crossed

[bandari2] 02/12/2014 12:29

I am reminded now of the market in the 1980's, when value did not seem to matter, but a year later it did ! one example being Arcon that was down around 8p, and a year later received a bid of 135p.This is a market for taking on board value and being patient.Any half decent drilling result would make today's price of BOD look absurd.

[casual47] 01/12/2014 21:57

Should be an interesting ride, glad to have nabbed some last week.

Only 4 million GBP mcap!

From last RNS:

Over 400K cash left at end of June 2014

"Funds raised in 2013 and 2014 funded all of the exploration to date with cash remaining to cover some if not all of next year's programme."

"Substantial quantities of concentrated soil samples are now being analysed in St. Petersburg. Early evidence suggests that the technical analysis is identifying good drilling opportunities. Alrosa will identify a series of targets on the blocks. We will agree a budget for 2015 which will include, drilling and more fieldwork to better pinpoint drilling locations."

"BOD has been actively speaking to parties regarding farm in arrangements into the Brightstone block. While there has been some interest there is no guarantee that any transaction will be completed. BOD's preference is for a deal that would see a partner with the appropriate expertise taking on the operatorship and funding of the exploration with BOD retaining a minority carried interest."

[soul limbo] 01/12/2014 19:44

pilot.. looks like it :




So what do John’s experiences lead him to conclude about the state of the wider junior mining sector? Something’s got to give.

“Botswana Diamonds costs £160,000 for us to run”, he says, and for a junior company it has to be admitted, that’s on the cheap side.

“There’s only one salary in that, one part-time director. We don’t pay huge amounts to the NOMAD. But it costs £3,000 a week to be listed on Aim to do nothing. Last year total transactions were £30,000.”

So the equation is simple. Somehow the company needs to raise £160,000 just to stand still on Aim, where total volumes are less than £30,000. You can see why John thinks that doesn’t add up, especially since the Teelings already have a big percentage of shares themselves in any case.

“Aim may become completely choked up with dead exploration companies and disappear”, he says.

[holdingtight] 01/12/2014 15:30

JT might make a large contribution to it himself !

[pilot48] 01/12/2014 15:28

Delisting in the offing?

[maxjack] 01/12/2014 14:54

Will Aim Become Completely Choked Up With Dead Exploration Companies? John Teeling Reckons It Might

[markfrankie] 27/11/2014 19:14

Was that u topping up Euclid ?

[markfrankie] 26/11/2014 20:41

Good point

[euclid] 26/11/2014 19:08

I think of it as a cheap ride on Alrosa's coat-tails.

[markfrankie] 26/11/2014 08:28

soul its an exploration company that we are in.... we know the score with BOD . Thanks.
as my previous post if I hadn't topped up earlier at 3p I would definitely be doing it now. good luck to all happy findings

[soul limbo] 26/11/2014 08:04

another great rns from the clontarf stable.. CON by name, con by nature

[soul limbo] 25/11/2014 22:02

teemore... you like to be shafted by Clontarf companies don't you ? Is it some sort of S&M thing ?

[bandari2] 25/11/2014 21:14

How much would a hedgefund or anybody else have to pay to acquire Bod ?

[teemore] 25/11/2014 20:49

Soul - I think that you were looking into the mirror making the last part of that last post!. It appears that you are the poor soul and it is obvious from your posts that you are the one with the problems. You are an adult and should take responsibility for your own decisions, good or bad.

[chinabob] 25/11/2014 20:27

In @ 1.72 maybe this is the bottom ? steady rise from here

[teemore] 25/11/2014 20:18

Soul- you were obviously hard done! £630 traded today.

[soul limbo] 25/11/2014 19:55

no surprise really.... all Clontarf stocks follow similar pattern, and that includes this one :

[soul limbo] 25/11/2014 19:51

why are all of Teelings statements like a lecture .. and somewhat condescending ?