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Explorer to producer. Generating revenue and onto a blow in one of the most diamond rich locations on the planet renowned for its quality of stones including coloured.
Yet the SP is half what it was back in June.
Fantastic opportunity here. DYOR.
I think Julian is spot on. The selling pattern over the last few weeks does suggest one seller off loading. Maybe they need the funds or maybe they’ve run out of patience. We will never know.
Nothing else has changed. Current SP is a fantastic entry point for new investors or for those able to top up.
I wasn’t going to post on here today as didn’t want to appear too rampy but I genuinely feel we’ve just seen the bottom.
One RNS could (and in my humble opinion) jettison the SP to new highs.
Anything under 1p based on what we know today is cheap.
Fingers crossed people.
I like it TR! :)
Probably is a more ESG friendly method. Lots of debate flowing re lab grown.
Personally wouldn’t entertain one. I’m the same way I wouldn’t buy a fake Rolex I would never buy an artificial diamond.
Ergo, I don’t own a Rolex…
I’m also interested to know how long it might take to transition from mining the dumps to getting stuck into the new kimberlite. Appreciate much of the kit is on site (bonus) but is additional, more specialist gear required and if so, how accessible is this? Also, does the current license permit more extensive mining over and above sorting through the dumps?
Perhaps only JC can answer these questions but I’m open to opinions of others on here…
Good news indeed!
Mars results remain ‘better than expected’ and they’re sitting on a new blow in an area that made history for speed of payback when first mined.
The delay on TR is what it is (expectations had already been set around it being later this year) so rather than sit idle and wait for SA bureaucracy to sort itself out they can crack on and keep generating revenue.
I’m totally cool with all of this 😊
I appreciate the frustration re the lack of updates but if there’s nothing to tell, how can JC issue an RNS?
Based on what we know today, various projects remain ‘in play’ and TR is due to come on stream in H2.
It’s been said 100 times already, BOD is not an investment for the inpatient (not sure any investment is for the inpatient or those that are driven by emotion /gut feel rather than fact..!)
I’ve been here a long time now but many have held for a lot longer than me. I am (relatively speaking) heavily invested as I still believe BOD is very undervalued and has been for some time. The potential at TR is significant (‘company maker’ or not) and you just need to walk back through previous presentations to gauge the potential in the other projects.
Yes, it could fall flat on its face but I have as much faith in JC and the team to deliver as I did the day I first invested in the company.
Whether the SP is at .75 or 1.15 it really doesn’t matter to me. It’s when we get to the 4,5,6+ I’ll need to start to make decisions around selling.
JP
Spot on. When this comes good I’ll track you down and buy you a pint 👍
The market has continually failed to recognise the transformational steps BOD has been making over the last couple of years. Explorer to producer with excellent near term and long term potential, being led by arguably one of the best in the business.
Happy to continue sit tight and wait for as long as it takes. Even the mother of all good RNS’s won’t see me offloading.
I’m of the opinion that patience, and lots of it, will be very well rewarded.
When the share price drops, as it often does, I make a point of going back over the Marsfontein case study to remind myself of why we’re here, how long these things can take and the size of the prize at the end.
Even with the lack of information flowing I still have absolute faith in JC and the team. They already know what sits under the surface at TR and I’m pretty damn certain they won’t be walking away from it regardless of red tape and delays.
I hear you TR
I’m pretty heavily invested here and remain confident that things will come right. If it weren’t for JC and the teams track record I’d have been getting very twitchy by now.
Patience will only last so long. I’m sure JC is ‘in tune’ with investors’ sentiment and this long silence is lead up to something very positive. If it is anything less than positive I fear investors will start to gradually bail out…