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Ps, any ‘comms’ from the company from our posters who ‘are in contact’ with them?
Irrelevant anyway because we had such things when the share price was much higher.
And we are now significantly below the very recent placing price. What a mess !!!
VERY DISAPPOINTING - and no mistake !!
As a medium to long term holder I’m massively down on my investment and massively cheesed off !!
New investors are able to buy at a fraction of my buy-in price (good luck to them) but this is my hard-earnt being eroded !
Sincerely hoping for better times & soon
I used to read him on VAST he was very bullish on that one .
This one as well .
Hope he is alive .
Hi Gemstar
Castaway seems to have disappeared sadly.The last time he posted here was about 18 months ago when he very helpfully answered a query of mine.
Does Castaway still post on here?
25% Spread
Buying is much larger than sells, bottom and bounce in New Year.
Agree, the SP, should be stable here, rather than seeing a drop, and , as people look further, it is cheap, with Thorny River coming on, when Diamond Prices are starting to increase (and on cost side fuel is cheaper). No debt... also price of SP moves on little to no volume.
Extreme oversold and right into multi year support from all time lows
Expect to see some interest pick up at these levels. Crazy cheap given what they have lined up in the months ahead
Agree.
We’ve been down in the weeds for a little while now but as a debt free explorer/producer we’re in an enviable position for when diamond prices and general market sentiment switches.
2023 has not been a good year hence trading at all time lows
“should remind you that Thorny River is estimated to contain anywhere from 1.2m - 2.1m tons of ore at an expected grade between 46 and 76 carats per hundred tons. Diamond value per carat is expected to be between US $120 and $220 per carat. The mining plan has already been prepared. Transferring from Marsfontein to Thorny River will take only a matter of weeks as it will use the same mining equipment.”
That’s worth $100m+ on even the lower end estimates
I suspect BOD won’t stay trading as low as 0.5p once Q1 kicks off
BOD is 'under most people's radar'. Second, as 799 states, it is 'held' by so many LTH's, it is not a share to dip in and out of. Third, many have seen large drops across most sectors of their shares in the last year+, so there is a feeling of 'hold' when losses are there, for the change in market sentiment, when the Bull market next appears.
Yea seems like a complete no brainer taking advantage of the current 0.5p buy price
One thing to bear in mind is that the SP has simply drifted to where we are now driven but certain macro factors and a ‘less than usual’ flow of information from JC.
We are now sitting on a solid foundation of family, friends and serious LTHs. I don’t want to sound too rampy but when (and it is when) things come together here and the comms start to flow the SP will move rapidly.
Look at some of the historical spikes generated of the back of good news. We are now generating revenue and are on the cusp of some pretty big things. Hence us LTHs are sitting tight. Not for 30/40% but for much more significant returns.
Yes, the potential Khalarhi multiple mines in Botswana deal would be fantastic. You have bought in at a time many wished we could have, but we are often at 1p+. Even then, once Diamond market improves, and US market where REAL diamonds are sought, we have a brilliant base to move from. Also, very importantly in my mind, two extra points to BOD 1. James Campbell is the Top man in this industry and especially in Africa. 2. No debt linked to higher interest rates, like so many other companies.
I'm a contrarian investor. I like to buy stocks at the lows when no one else wants them. I've only recently bought some after conversations with John Teeley who impressed me greatly
I'm expecting a significant JV deal to be closed in Q1 and there is some M&A activity in the background as well, which if it comes to fruition would be fantastic for all shareholders
Nothing guarenteed but its cheap here and the risk v reward priofile fits my bill
I don't post that much these days as to be perfectly honestly i can't be bothered as the amount of posters who spend all day on a stock's forum talking negatively astounds me
@ iG
I’ve not seen you posting here before ? Are you a newbie investor in BOD?
Upon looking at your posting history, you seem to be very positive most if not all of the time in all shares you post on? What’s your ‘win-rate’ might I ask, if you don’t mind.
You are expecting a fast move higher soon in the BOD sp? What do you see as being the catalyst to move this share upwards in the near-term?
I’m just checking to make sure in my own mind as a LTH, that you’re not here to pump what might be your own agenda, for a 10 or 20% profit?
Atb
Looks like buyers are turning up now. I expect a fast move higher soon
Agree, all funds in place, or I would look to increase, but have a large slice here already. A lot going on, if not always 'telegraphed here' . In the end, there is one simple part... diamond prices will start from here, to settle and increase. This will invigorate the mining and in that a need for future 'high quality and special stones', which Botswana in particular has.
Think this is the level we get a big upside run from here
Way way oversold
I am also thinking the same for annual results , and increased expenses, they are not going to look great, in my opinion a deal in botswana is some time off yet but we could be holding on results for thorny river permits
I have heard from James that the annual results are out "shortly".
I strongly suspect that in his report James will highlight the future prospects for the company and that in terms of income earned ,this will not amount to much,owing to the sharp decline in diamond prices,hence the need for the recent raise.Perhaps work on the newly discovered blow at Marsfontein is also on hold,hence the lack of any updates for some time.Certainly the markets are not behaving as if anything exciting is about to be released because the sp is being held at the current level despite a decent level of buying taking place.Quite a contrast to the depressing slow decline of the sp which occurred on daily sales volumes which were probably less than the current level of buying.
Last year annual results where released on 8th December.im wonder are they waiting to sign of a J.V . On ghaghoo and kx36 . combined .are finalized the water licence on thorny river before releasing this year's annual report just a thought
Looks like great news today in the RNS :)
I’m wondering what timeframes we are looking at for the new exploration to bear (hopeful) fruit?
Great post Perr.
Fingers crossed 2024 will be a monster year for BOD