ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

BOD Botswana Diamonds Plc

0.175
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Botswana Diamonds Plc LSE:BOD London Ordinary Share GB00B5TFC825 ORD 0.25P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.175 1,212,121 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.17 0.18 0.175 0.175 0.175
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels -3.68M -0.0031 -0.55 2.1M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:40:27 O 1,212,121 0.17 GBX

Botswana Diamonds (BOD) Latest News

Botswana Diamonds (BOD) Discussions and Chat

Botswana Diamonds Forums and Chat

Date Time Title Posts
23/1/202513:55Botswana Diamonds7,381
29/7/202011:03Bodisen - Chinese BioFertilizer Company9
17/10/201912:45Botswana Diamonds (charts)3

Add a New Thread

Botswana Diamonds (BOD) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:40:280.171,212,1212,060.61O

Botswana Diamonds (BOD) Top Chat Posts

Top Posts
Posted at 23/12/2024 10:29 by fenners66
LOL.
I see the share price has moved up.

My guess is another placing is on the way , another 10-15% dilution; after all Xmas is the time for giving and JT and JF need to buy presents too , right ?

Usual tactics seem to be get the price up a little and then place some shares...for some reason people still keep donating....
Posted at 19/12/2024 20:19 by tigerbythetail
This was a diamond exploration company.
FWIW, I'm fairly confident that the leads they had (and still have) would have led in time to a sizeable discovery, and eventually to the development of a new mine.
But all this is "under old rules". And the rules have changed completely.
John Teeling is wrong, lab grown diamonds are not going away, and will largely replace mined diamonds. There is little social cachet in buying expensive "natural" diamonds, when they are associated with exploitative and sometimes bloody mining practices. Clean hi-tech lab grown diamonds are a far easier "sell", and far cheaper, too.
There may be a small residual market for "natural" diamonds left at the very top end (i.e. huge coloured rocks for billionaires). But the mass market is gone.
The last diamond mine has already opened. It's over for diamond exploration companies. That's the truth.
I don't know what BOD should do given this sea-change in the diamond market. Close down in an orderly manner?
Posted at 19/12/2024 16:20 by atlas1234
I looked at this and it seemed as though bod chairman is now the marketing chief for de beers. The market for diamonds has differentiated completely with specials and colours in a different class, and the rest commoditised following destruction of the value myth with the onset of lab growns. 25% of company value was destroyed with the release of the annual results. One has to question the board not mitigating diamond risk through intro of another mineral with proper value, not one with myth.
Posted at 18/12/2024 11:18 by fenners66
Another set of accounts another set of unexplained losses.

They added £70k to intangible mining assets ....
at a cost of £578 k in admin costs !

Can you imagine any other industry trying to get away with the same ?

I like this bit ....
Tangible Assets -

Plant and Equipment £207, 640 not one penny added to depreciation.
Plant that is a year older , like keeping a car in the garage all year stating it has kept all its value.
Clearly not used one wonders if it ever will be.

They have probably argued that owned since 2020 its pristine and would be in demand...
except that it was sold presumably by a loss making business , to another loss making
business that has had no reason to use it , in a wider business context of more loss in
diamond mining - those that actually do it - because as JT admits there is massive competition
from Lab Grown Diamonds seriously taking market share at much lower cost...

He can write about his romantic fantasies , but they don't pay the bills - actually its the new issue equity that does that and has done it forever - its a bit like a 19th century canal owner saying railways will never catch on !

As for new equity ! Last years issue of 76million at 0.5p is massively underwater now below 0.2p and
even the newer 78million post balance sheet raise is approaching a 50% loss.

When will these gamblers learn?

Endless dilution , massive losses , gravy train admin costs , no production , rinse and repeat.
Posted at 10/12/2024 11:53 by pirates4
BOD probably gave surplus stock just waiting for the market to recover.
Posted at 03/12/2024 09:31 by pirates4
Great news for BOD, south africa will be in production and fruitful.
Posted at 02/12/2024 13:51 by pirates4
BOD has plenty of loose diamonds at Thorny and maiwbe so all in good hands when diamond economy lifts off.
Posted at 29/11/2024 14:23 by tigerbythetail
BOD had their chance at Thorny River and blew it - if they could have obtained the mining permit in the time frame they promised (six months) then they would have made good money whilst diamond prices were still high.
It's too late now - diamond prices are down and (IMO) likely to keep falling and falling as lab diamonds take over the market. For my money, it's a huge and irreversible change in the market, upending 5,000 years of human history. If somebody invented a way to cheaply sieve gold out of seawater (which actually contains a fair amount of gold) the same thing would happen to gold as well.
Life has moved on leaving BOD behind.
Posted at 27/11/2024 23:26 by fenners66
"Subject to securing the necessary funding" - if they can dilute shareholders even further and make each share virtually worthless, thanks all existing shareholders for stumping up , but after all these years they still have no sales income since they are still spending and losing a fortune it depends entirely on more shareholders to pay to keep this going.....
but don't worry although they will try and milk some more cash soon (before xmas?) they will commence spending it long before any drilling starts - April 2025
Posted at 15/8/2024 06:20 by atlas1234
I am not so sure that a director bash is completely fair, and that some credit does need to go the board for success in raising cash to keep the lights on. For a no. of reasons diamonds have a very negative perception so this raise must have been a seriously hard sell. Under the stewardship of Anglo De Beers has a lot to answer for in its loss of sight of its role as a market maker (it is a marketing co and not a mining one) with significant underinvestment in consumer marketing and research. Hopefully its new owners will repair this situation, when they emerge, but the process will take time and cost money. What will be needed is restoration of faith in source of goods (thru kimberley process etc) and shakeout of assocations of diamonds with gangsterism and money laundering etc. This all said bod is well placed to establish itself as a niche player in a good domain. It does puzzle me though as to why the board is not mitigating diamond risk with the introduction of another commodity (eg. Gold) from which may be brou stuff in Zimbabwe. The regulator in South Africa is in a bit of a shambles, but the SA licences will probably emerge in time. The delays are possibly working in bods favour given the current state of the diamond market.
Botswana Diamonds share price data is direct from the London Stock Exchange

Botswana Diamonds Frequently Asked Questions (FAQ)

What is the current Botswana Diamonds share price?
The current share price of Botswana Diamonds is 0.175p
How many Botswana Diamonds shares are in issue?
Botswana Diamonds has 1,200,000,000 shares in issue
What is the market cap of Botswana Diamonds?
The market capitalisation of Botswana Diamonds is GBP 2.1M
What is the 1 year trading range for Botswana Diamonds share price?
Botswana Diamonds has traded in the range of 0.155p to 0.50p during the past year
What is the PE ratio of Botswana Diamonds?
The price to earnings ratio of Botswana Diamonds is -0.55
What is the reporting currency for Botswana Diamonds?
Botswana Diamonds reports financial results in GBP
What is the latest annual profit for Botswana Diamonds?
The latest annual profit of Botswana Diamonds is GBP -3.68M
What is the registered address of Botswana Diamonds?
The registered address for Botswana Diamonds is SUITE 1. 7RD FLOOR, 50 BROADWAY, LONDON, SW1H 0BL
What is the Botswana Diamonds website address?
The website address for Botswana Diamonds is www.botswanadiamonds.co.uk
Which industry sector does Botswana Diamonds operate in?
Botswana Diamonds operates in the MISC NONMTL MINRLS, EX FUELS sector