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Assuming TR is in some way comparable to Marsfontein is it not worth understanding what return was there to shareholders back then? Anyone know?
Reminder re. success of Marsfontein for those who aren't familiar...
"This deposit, although small, repaid all capital outlay with its first 3.4 days of production. In total, some 1.826 million carats were recovered from 970 347 tonnes of kimberlite, equating to a grade of 188 carats per hundred tons of diamond"
I particularly liked this bit. Already indicated that this process takes a while but JC is incredibly well connected and respected. Makes you wonder how quickly they can get this done...
"This will allow the company to expedite the mine permitting of Thorny River, with the initial applications having already taken place".
Hi Echo
It used to confuse and frustrate the living daylights out of me to see people selling when BOD goes from strength to strength but as we know, everyone has their own reasons.
I point blank refuse to sell any of my shares on the basis that the return is highly likely to be significant (for me, potentially life changing). It’s just a matter of time. Everything is lining up for a happy ending here and if it takes another 1,2 or 3 years plus to get there I’m totally cool with that.
My confidence remains very high, which is a lot more than I could say about most other investments out there!
Hi Pecten.
I don't disagree with your comments around the macro environment however, based on the previous success of Marsfontein one would imagine the viability of TR as a commercial mine would be pretty obvious from a ROI point of view.
My guess is investors/potentially purchases will be all over this once the true extent of the commerciality has been established. Goes back to the market not yet recognising the full potential of TR/BOD.
Hey Echo.
Agree the Twitter updates are worth tracking. Really brings the investment to life.
As for SP action. I’m totally cool with the fluctuations and am of the opinion I that it can do what it jolly well likes. All is looking good and like many on here, I’m prepared to wait patiently.
Already pretty heavily invested but if by some fluke the SP drops much below 1p I’ll be topping up.
All the best and here’s to an exciting few months ahead.
Hey SM
Thanks for introducing yourself. There are a few very long term holders on here (only 2 years for me so relatively speaking I'm still a newbie!). Good to see another who is committed on the BOD journey with JC and the team :)