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Rich3r while I agree that 2 suitors is best for best price, 42% of the shares here are held with directors + ‘friends and family’ so it isn’t going to be sold on the cheap to anyone anytime soon!
The market cap here is crackers, but in this situation not terribly relevant in the context of what the assets are worth to the right suitor.
Hi Echo, it’ll probably come out of the blue, as these things often do, but I’m more confident than I’ve ever been as a shareholder, that the story will end very well and pretty soon - despite the current sp.
Atb
It seems James is back on site at MARS today, its possible that we may be looking at a mining restart there on the new blow that was found some time ago
Agreed Rich
Only investors who buy and hold will make the big bucks here.
And if we all hold we'll all be sitting on the inside when the music starts
But as ever . . . .
Patience required
I can’t see it being long now, before this company is bought out. Maybe just one of its assets but more likely the whole lot. As always in such a situation, we need 2 or more interested parties to bid against each other, thereby ensuring top-dollar for our shares :D
Gla
The value of diamonds in KX35 and 2 anomalies is between $6.7 Billion and $4.28 Billion
Not to mention the fact that this may be only the start in the finds of more pipes in this area of clusters.
So, it is difficult to understand how important the last RNS's have been. We know that the successful Karowe Mine is one of the world's most significant producers of large and high-value diamonds including Type IIa and coloured diamonds. AK6 is a roughly north-south trending elongate kimberlite body with a surface expression of ~3.3 ha and maximum area of ~8 ha at approximately 120 m below surface.
The BOD finds now are over 21.5 ha... they are in a similar geological part of the world... so potentially bigger than Karowe mine, Double the size of Ghaghoo Mine at 10.8 ha, but way off the 120 ha of one of the world's biggest of Orapa mine in Botswana, still mined now, and found in 1969.
A way to go... but WOW...
Great RNS yesterday.
On News - https://www.sharecast.com/amp/news/aim-bulletin/botswana-diamonds-discovers-second-anomaly-in-kalahari--16585899.html
GLA
Finish blue lol!!!
Not really games, there is clearly a sell on the book. Once the volume has cleared it we will move up
280,000 buy @ .374 below mid price - SHOWING AS A SELL
280,000 buy @ .374 below mid price
0.35 - 0.40
offer to buy now .374 on HL - below mid price
MMs trying to disguise buys as sells again
0.35 - 0.40
offer to buy now .374 on HL - below mid price
MMs trying to disguise buys as sells again
...is the key
They will hit a wall soon, where little free shares, and then it will need to climb up over 0.75 to catch any attention, then 1p for some others to break even, and the third wall of us LTHs who realise patiences
AND 6.5% DOWN
Most sells have been buys
MMs were offering below mid price to buy earlier on in the morning
Itsclear we'veh ad a seller today, probably a stale bull
I expect once clear shortly will start gapping up higher next week
Well , the only thing I can think off, the MM's are shaking the tree to force a few sells to make a few quid later on.
I won't fall.
Why thanks for your support lovely people. I’m certainly still investigating/exploring here and hope to add more soon.
💎 GLA and especially LTH’s
Hey Butterly.
Top from me…
Read previous RNSs going back over the last couple of years.
Monitor Rough Diamond Price Index.
Remain patient.
Many have been here for years but remain confident.
Good luck.
Good luck butterfly.
Lots of long-term holders here
Been in for six years, up to press
I’m a new investor here following today’s RNS. Happy to hold for up to a year but a disappointing market reaction. 💎 hope things work out well for all.
ATB