Member Info for Awfulreturns

Back when price was in the mid teens I found I could on occasions buy at the bid. So used some new money and churned it over a few times.

I did message JC and asked if there was going to be any

news before 2025 closes but no response.

No response because we are at a sensitive stage, something significant is happening. Or no response since there is no news.

As the great Ian Drury said ‘reasons to be cheerful, 1,2,3’.

Are there any reason to be cheerful regards BOD? Any news to finish 2025 on a high.

I have 5.77 million of these now avged at 0.33.

1p, 2p, 3p would be cheerful.

Https://www.slideshare.net/slideshow/an-artificial-intelligence-driven-approach-to-mineral-exploration-in-botswana/283806971

Thanks Echo. Very much appreciated.

Are discussions with potential JV partners well progressed?

I see the likes of BHP is already in the region re: their JV with Cobre; a tier 1 copper mine from what I read.

A bright, brilliant, poly metal (near term, I hope) future for holders as JP said. The future is copper coloured.

Thanks Echo.

Are we waiting for the announcement on things signed and sealed.

Or are there still discussions/details yet to iron (copper) out.

Just trying to understand ‘soon’ since we have experienced

‘soon’ before.

I know this comes across as impatience but have been here quite a while but the wife is losing it.

Just having a little read abt The Besshi copper mine. Over its lifetime, discovered in 1690 and closed 1973, the mine yielded 700k tons of copper - a quick Google search.

I hope the announcement is abt a JV to mine the copper .

I see Cobre, a junior Australian diamond miner has a JV with BHP to mine copper at Kitlanya West, Botswana.

Have been here a long time now or feels like a long time - 8yrs or more. I think that could be deemed as patient.

Seems encouraging.

Are we waiting on something substantial to be announced.

Or is it something substantial that is looking highly likely to happen. Feels like we have been there before.

I pray it to be the former. I am turning to higher powers - a different JC.

Good luck to all LTHs. Amen.

Is a JV with a poly metallic miner going to happen? This year? In the next 12 months? Are there are substantial active discussions. What’s the confidence level on a positive outcome. Could JC/board provide some positive news, any news on what is happening re polymetallic JV. Give us very LTH something. We deserve news, a plan with timelines, with numbers. Respect your investors.

Could it be because C*Rebel stated he sold his last remaining shares in his Friday substack (14th Feb).

Had a look back at his Carclo pieces. In Sept it was his largest recovery play holding. He did a separate email on it. And liked the last trading update.

Yet then he was selling. And now completely out.

Directors supporting the price now would be good.

Echo you have done very well to average down to 0.3. I remember you were in at somewhere around 0.6 in Oct and in deep then. Hats off to you for having the balls to go deeper.

I don’t have the confidence to invest anymore here - I have 5 million at 0.65.

Going to wait to see how the diamond index is looking by spring - at least some sustained upward movement.

Wrighty - presumably ur post last week was referring to a weighter, more impactful RNS than today’s. I appreciate today’s is good news but it’s still ‘Jam tomorrow’ with dilution.

Shouldn’t we be hearing from Bod?

Thank you to those that keep us updated but isn’t time we

had an update from BOD/JC.

In the short term, what are they doing to recover shareholder value?

We know some of the longer term issues - rough diamond price, inventory, China & India, De Beers sales.

But is there nothing that is in our hands that can be done in the short term to turn things around.

What project do they have the highest confidence in, most

control over, to actually halt the lamentable SP decline.

We need to know more than ‘JC is working hard in the background’.

Asking for more and more patience when money has already been locked up for many years with the loss of potential returns elsewhere is asking a lot.

Particularly when we are rather in the dark.

Please provide some transparency on what is and isn’t happening.

As always, thank you Echo for another excellent reply.

If the Zimbabwe deal were to be signed this month how long before operations start and the prospect of coloured/fancy diamonds is tangible ?

We don’t have fancy diamond prospects within any of the current licences?

Is Zimbabwe the most imminent revenue realising potential other than rough diamond price going north by 20%?

Sorry.

Will mining for other than diamonds require significant investment.

I see the rough diamond index has made a tick up to 136.2

At what price index does this need to be to make diamond mining viable/diamond sales worth it for BOD?

i won't ask the usual when on news but rather why will the transformational news be transformational?

Can it be transformational in the short term if the rough diamond price is still sulking.

Are alluvial diamonds worth mining at current rough diamond prices.

Finally, will mining for other than diamonds require

i am wondering if BOD is going to come good in the next 12 months or if I take the 60% loss and get on with shares where there is jam today.

We need something to happen. Alluvial diamonds, gold, lithium - we need some definitive milestones, timescales.

Thank you all for tolerating my silly question.

As a contingency that I bag only 2-3x for an 8-9 yr wait I have booked myself into our local Priory for New Year 26. And used my loyalty card for a free week in 2027.

Here’s to Chinese stimulus over the past couple of weeks stimulating Chinese couples to tie the knot.

Have good weekends and go buy some diamonds - they are cheap.

I remember JP saying that African Diamonds went x10 from its lowest valuation. Hope I haven’t mis quoted you JP.

Pretty sure BOD has already been life changing for me. I have had too much money, too much for me, locked up in this share.

I can understand if buying at these prices it is going to multi bag.

But if averaged in somewhere between 0.6-0.95 is it still going to multi bag.

Are we hanging around at here for 2-3p?

I know this is a daft question, niaive, impossible to know but what is the cautious/optimistic opportunity here 2p, 3p, 5p, 10p in the next two/three years.

It’s a Friday afternoon, forgive this nonsense.

Very much appreciated Echo - thank you.