Member Info for blakeney

at 2.045p,

Good luck JS, any director purchase can usually be interpreted as a good indicator of confidence, a 35% increase in stake on an already significant holding.....??? Looking forward to the November tender figures but believe that December's figures will provide a clearer picture. Just watching Tipping Point, where will ours be ?

Speaks for itself.

10,000 trade earlier is right on the mid price so no assumption can be made to whether it's a sale or purchase, hence the trade appearing in grey in the share trades list.

July tender : 330 carats sold for �130,350 August tender : 400 carats sold for $132,000 September tender : 544 carats sold for $175,712 September RNS : Nearing break even October RNS : Early repayment of loans October tender : 609 carats sold for $226,400 (rain disruption) Level 2 kimberlite currently being blasted and processed, better grades expected. Not relying on larger stones (would be nice though !). Disruption from rainfall being addressed. Directors still buying Very interesting interview with Adam Waugh on Proactive today. Is BRD still under the radar, or am I missing something (won't be the first time), Intend holding for the foreseeable and maybe top up further subject to available funds/share price. Is this a ramp ? Well yes I suppose it is, but happy to invite any negative views.

Any trades executed at a price lower than the mid price are assumed to be sales.

at 1.7p is a buy.

Personally I'd prefer the focus to remain at Kareevlei for the time being, in order that profitability can be more firmly established/maintained, they still have K1, with an inferred 6.3 cpht, to begin mining next year, as well as K3 with an inferred 3.7 cpht to make a decision on, plus K4 and K5 which although small don't appear to have been assessed yet. Of course this is just my 'umble opinion.

Record 609.84 carats sold in October despite losing five days production due to rainfall. Steps taken to mitigate similar amounts of rain. Expected higher grades from level 2, currently being blasted and processed, yet to come. Early repayment of loans per RNS 25th October. Even without the discovery of any larger diamonds, production closer to the monthly 25,000 tonnes target, together with a slight increase in grades will do for me.

I was looking forward to seeing some figures for the October tender today be they good, bad, or fairly neutral, per the RNS on the 10th October - "The level 2 kimberlite production is not expected to be included in the October diamond tender, the results from which are expected at the end of October". Hey ho, what's another day (or so). The early repayment of loans appeared to be a positive move, especially Paul Beck being happy to take more shares in lieu of �10,000 cash. Will the next RNS be 'trick or treat' ? (apologies for that, couldn't resist).

Feeling cautiously optimistic about sales figures for October, mainly due to today's RNS. However still feel the picture will be clearer in December, and hopefully not too much rain disruption between now and then.

Wonder if Spreadex are starting to unwind their position, or could it be shares from the 1.25p placing being sold off.

Misread his name as 'Jack Ruby' at first, appears to be a good addition to the team, according to the RNS also acts as consultant to De Beers, Petra Diamonds, and Gem Diamonds. Sounds like a chap who is in demand. A pity about the disruption caused by recent rain, they seem to get their fair share of it in the region. Not sure about the Jubilee project, but suppose it must be worth having a gander at while mining at K2. Not personally anticipating too much from the October and November tenders, subject to the amount of rainfall over the next few months, a Christmas bonus in the form of good tender figures in December would be more than welcome. Might even be able to treat the good lady to a nice meal (chips AND rice), but remain happy to stay put for the foreseeable.

Modest net buying today = modest increase in price, let's hope this trend continues.

Hi Blustington Sports AND FINANCIAL spread betting, I'm not into either but understand the basics, on the financial side it is a vehicle for leveraging an investment with the potential for greater returns for a smaller outlay, extremely risky though as potential losses are also greater. I believe the general terms may include a strike (break even) price and be subject to parameters in the price and/or include and expiration date, but only my thoughts on how they work. A share investment by a spread betting company would, I believe, only be pertinent to cover a position for one or more of their clients, that they have deemed to be more of a risk than they are willing to cover without hedging, i.e. purchasing the underlying shares. 9,400,000 shares is a significant percentage of the number of BRD's shares in issue. Anyone out there got any personal experience of spread betting ?

"We have now completed the remedial work required to ensure K2's long-term production. The last of the calcretised level 1 kimberlite will be processed by mid-October 2017 after which we will begin to mine the level 2 kimberlite, which consists of pure kimberlite. We expect that the level 2 kimberlite will produce a significantly higher grade than level 1, although it should be noted that it is expected that different areas of the pit are likely to produce differing recovered grades". From the above, my best guess is for any initial sales from the level 2 kimberlite will probably take place in December 2017, which should provide shareholders with a good feel for future potential. Although not personally anticipating any great figures from October and November sales, it would be nice to be wrong. Looking further ahead the development of K1, in 2018, appears to have greater potential than K2, it having a 6.3 cpht inferred grade, compared to K2's 4.5 cpht, and my current intentions are to hold on tight until further information on K1 is available. I am not unduly concerned by the recent slips in the share price, I suspect there are sellers around who obtained shares from the last placing at 1.25p per share, being a healthy 50% short term profit on this morning's sales at 1.87p. Subject to other influences I believe the share price will consolidate when such profit takers have dried up. I do however remain intrigued by the 9,400,000 shares held by Spreadex Ltd. Good look all, may the sauce be with you.

Looks to me like there will be more trades today than any month over the last 2/3 years. Still can't make complete sense of the Spreadex Ltd purchases, can only think they are covering themselves with a large position.

The only logic I can make of Spreadex's purchase of 5,400,000 shares is that they are covering their backs on a pretty large position. Been a holder for some time now (well down !), but chanced another 100,000 shares this morning at 1.9p, partly as I am away for a few weeks and don't want to miss any positive news, although don't anticipate any just yet. Will have to stay off the Guinness for the next six months if it goes pear shaped, which my more riskier choices have a habit of doing. Off to finish packing my case now, before 'my little swamp duck' fills it with her shoes.