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Thanks for the explanation Echo. Yes twitter certainly free and they are only showing the progress of the plant. If it was pictures of diamonds recovered then it would certainly need to be RNS first. A lot more companies using twitter pictures though to show progress. Does it give any clues … not really more like investor confidence that things are happening.
I can only presume the process is up and running but I’m sure if anything is found we would get a red flashing dot first to prevent market manipulation etc.. still anything can happen at any time now and perhaps more interest will start to gather. One recovered diamond will still make Botswana Diamonds a diamond producer rather than a speculative company
And one more tweet... dont think twitter going as quiet now
plant running on Marsfontein as the sun sets against the nearby mountains. #diamonds
There was a like when I asked whether the tap pan concentrate process is when diamonds are looked for in the pan by Botswana diamonds ...however nothing was answered directly to my question... anyone any better with the technical side of this process ?
Beginning to tap pan concentrate into a secure container on
@BotswanaDiamond
Marsfontein project. #Diamonds.
Looking good now on BOD . SP still super low but hopefully some nice diamonds in this wash pile should change that ;-) https://mobile.twitter.com/BotswanaDiamond/status/1633854551122911234
Looking really good now…hopefully some nice shiny diamonds amongst that gravel
1.15p paid …. Hmmm
Well another week passes and the good thing is an update can drop at any time. A picture of one shiny stone will suffice:-)
As the SP lingers around the 1p area and the tweets keep coming with the progress at Marsfontein site, it surely will begin another momentum run soon. SP currently too low for the potential we have….
Again moved up on what appears to be sells… yet try to do a dummy sell on it shows NT. Strange things going on here in the background
That dis one moving already Trojan . Big holders there include Duke Eric of Rothchild .. interesting …think stock very tightly held more than a leak
Moving up a lot suddenly… did all the cheap shares run out already . I have noticed Duke Eric of Rothschild is a major holder here with 15% holding…
Progressive report is here
https://static1.squarespace.com/static/5f525ed5c649457a86f37751/t/63ce70a7c3426b05bf776572/1674473640746/DIS+20230116.pdf
RNS appears on BOD . SP very low… find some diamonds in the stockpile and should rocket
Botswana Diamonds plc ('BOD') the London AIM and Botswana Stock Exchange listed diamond exploration and development company is pleased to provide an update on its Marsfontein project in South Africa. As previously announced, the Vutomi owned alluvial and dump mine at Marsfontein was expected to produce diamonds in February. Site establishment commenced during the course of the last week of January 2023 and since that time, approximately 1,500 tons of eluvial gravels from the main Marsfontein pipe have been excavated and are awaiting processing. The processing plant has been established and commissioning with gravels has just commenced. First recoveries of diamonds are therefore now expected this month and a further announcement will be made in due course.
Update…
Yep Trojan. They screwed up with distribution this year but have good ranges and exporting to new markets. Red Leg rum very popular so think on good results.. back or two on that one. Also taken 88e for drill anticipation and awaiting my bod ones to find some diamonds
Been watching this recently and still seeing some buys appearing nudging the SP up slightly. I do think q4 is going to be bad but into new financial year, if they sort out distribution issues, there could be a very good bounce from this level. Recently added a few to see how it goes but even with a bad final results to possibly come, I feel the next trading year may be a turnaround
Saw you mention dis on another board Trojan. Yep bottom imo but someone chips away with buys keeping SP higher range. Will no doubt be bad q4 for them but products should be very good recovery for new trade year from that SP. Taken some at that price recently
Joined for some too. Anticipation rise normally decent on here and SP stable entry point.
Thanks ID78 . Well will wait and see if they can provide better figures this time round. Happy they providing updates regularly though