Botswana Diamonds Share Discussion Threads

[edjge2] 18/5/2016 19:51

bit late on board here small time but will see. Chapchip the pandan I know has an attractive flavour often wrapping cooked rice in triangular leaf packets. Hope it does not retrace too much if commodities get thumped by resurgent dollar.

[tomatoma2] 18/5/2016 16:39

as I recall AFD hit 170p

[varrirob] 18/5/2016 16:30

I think i am now in profit phew.

[chapchip] 18/5/2016 16:03

I ll take 33p

[dmelon] 18/5/2016 15:33

33p here we come, LOL.

[chapchip] 18/5/2016 15:07

off we go again

[varrirob] 17/5/2016 21:20

Having now experienced Lucara from the old AFD days, anything is possible.

[tomatoma2] 17/5/2016 16:36

slowly slowly catchee monkey

[markfrankie] 17/5/2016 08:33

He's probably Plucked that number out of the air, Or he's looked at the history of AFDs early bullseye...
But ..... Depending on what we have got.... Who knows, I have a sum in mind but it means nothing it's just a FIRST STEP GOAL for me it's a bit less than tomatomato's 33p ,

[chapchip] 17/5/2016 07:58

lol - where do you get 33p from.....

don t get I hold a shed load of these babies....but 33p is just such a random number......and a long way from 2p!!!!!!!

[tomatoma2] 16/5/2016 16:44

another solid day. There are multiple exploration efforts ongoing at the moment. Diamonds have been found. Valuation of 33p or more is possible

[markfrankie] 15/5/2016 19:39

Looking forward to the next day of 13million + traded

[euclid] 14/5/2016 14:29

The next discovery in the series was AK24, which was made by AFD/Boteti in early 2005.

The discovery of AK's 21,22,23 would have to pre-date this but by how long is unknown.

I think it's quite likely that they have not had anything but a cursory look up to now.

[mikkydhu] 14/5/2016 13:56

Thanks, euclid.

[euclid] 14/5/2016 13:47

PL260 contains 3 kimberlites - AK21, AK22 and AK23.

The area is directly south of the big mine AK1 and due west of Karowe.
It is close to Lucara's 'E' exploration block which contains AK11, AK12, AK13 and AK14.

There seems to be no record of exploration in the public domain but it is likely that the discoverer was either De Beers Prospecting or Debswana. They may susequently have been in an exploration licence operated by Firestone in the latter years.

[ein] 14/5/2016 11:13

Mickluv. it should be a great ride and if we have success I would expect to be taken out by either Alrosa or Lucara, they are both keen on expansion in this business?

[mickluv1] 14/5/2016 07:08

Ein you're right it is practically unheard of that diamonds are found at first drillings, the goal is usually to find kimberlite particles which would suggest diamonds maybe present! We have already had a RNS to say diamonds have been found. I expect massive news not only from the current BOD/Altosa plots in the near future but from Brightstone too IMHO.GLA ?

[mikkydhu] 13/5/2016 13:02

In an RNS of 2nd March, John Teeling says:

" The wide diameter holes to be drilled on a known kimberlite on our new licence in Orapa, PL260, are to test whether diamond grades improve at depth."

PL260 was awarded to Sunland Minerals, the 50/50 company owned by BOD and Alrosa in October 2015. What I would like to know is what diamonds were found there by its previous operator.

So far I have had no success. Does anyone know the answer?
Incidentally, wide diameter is 13 inches, and JT said in March that Alrosa is a partner on 13 of BOD's 27 blocks. Lots of chances there.

[ein] 13/5/2016 12:37

Talkman, I meant the Alrusa drilling taking place at the moment on Bods license,as you say there has already been micro diamonds found on the first drillings on Brightstone, which is quite amazing on a first drilling?

[talkman2] 13/5/2016 08:53

They already have found diamonds . The drilling is to prove grade and quality . The market has just not cottoned on to this fact . Read the 3rd paragraph very carefully from the recent RNS.

[ein] 12/5/2016 14:17

If diamonds show up in drilling they certainly will and more.Best to read the last R N S from Bods and then check out the Companies mentioned, it is quite reassuring?