Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
RNS - former CEO has left and positive update:
"We have been very encouraged by how well the new team have performed under the leadership of Gus Simbanegavi and we look forward to updating shareholders in our next Quarterly report."
https://investegate.co.uk/bluerock-diamondsplc--brd-/rns/directorate-change/201909190946209462M/
Could certainly help if the analysts are as bullish as finnCap yesterday.
"These are exciting times for Bango as it matures and expands." .....
"We feel the market has yet to fully appreciate the exciting prospects for Bango and set a 225p target price."
19th July and 19th August were the last 2 large diamond sale RNSes. So given that timing interval, possible that another could be due any day.
https://investegate.co.uk/bluerock-diamondsplc--brd-/rns/sale-of-7-63-carat-diamond-for-usd-52-000/201908190700054096J/
https://investegate.co.uk/bluerock-diamondsplc--brd-/rns/sale-of-12-2-carat-diamond-for-usd105-000/201907190928261176G/
And 100p paid for the first time in a while by the looks of it.
http://www.nexexchange.com/member?securityid=2074863
Keen recent demand for the shares.
Rocketing revenue certainly a hallmark of a good turnaround story:
"BlueRock Diamonds Interim Revenue Rockets On Increased Output"
http://www.morningstar.co.uk/uk/news/AN_1567420508155414700/bluerock-diamonds-interim-revenue-rockets-on-increased-output.aspx
--
So you've got a new management team working their magic, rocketing revenue, accelerating production, a very healthy cash balance of over £1m at the end of June and a bullish outlook.
All the ingredients for a strong share price recovery and multi-bag potential in the weeks and months ahead.
Strong cash balance.
"Cash and cash equivalents (including restricted cash) on 30 June 2019 was £1,069,796."
https://investegate.co.uk/bluerock-diamondsplc--brd-/rns/interim-results/201909020840038571K
Yes, looks like a good bet from here with very decent upside imo:
- Low market cap in relation to potential revenues and profits
- New recent management who appear to have changed things for the better
- Evidence of a turnaround with excellent recent results
- Chart starting to break higher from a low sideways base
- Positive outlook for future production and growth
http://www.bluerockdiamonds.co.uk/assets/BlueRock%20Presentation%2009.07.19%20.pdf
Yes, busier than it actually appears on some feeds which don't show the trades being printed on NEX.
http://www.nexexchange.com/member?securityid=2074863
"I interviewed Andrew Austin of Rockrose Energy the other day because they've come back from their suspension and they've been sitting obviously very pretty because we talked about them last time when they had been suspended and when they came back at the 18, 19 quid level.
They haven't moved off that level yet. But having spoken to Andrew at length last week, I'm totally confident that there's a huge amount of upside here."
https://total-market-solutions.com/2019/09/10/malcy-talks-oil-gas-xiv - from 22:00
Yes, BRD seems to be faring very much better than others and acknowledges that this may be due to the high quality of the diamonds it mines. Whilst others struggle, BRD is achieving steady to increasing average prices.
If it can do this well in a challenging market, then just imagine the potential when the market starts to improve.
"The quality of our stones remains high, again reflected in the average price per carat that the Kareevlei diamonds attract. Over 90% of our stones are of gem quality which sets the Kareevlei production apart from most diamond producers. The Kareevlei mine remains in the top 10 by average value per carat diamond mines in the world.
In a weakening market, our average prices have remained steady or indeed increased slightly. Further analysis remains to be done, although benchmarking prices from month to month is difficult because of the number of factors involved (quality, colour, shape), but it is the Board's belief that the strong pricing that the Kareevlei output achieves reflects the quality of the stones combined with the increase in the average coarseness. "
https://www.investegate.co.uk/bluerock-diamondsplc--brd-/rns/interim-results/201909020840038571K/
https://cube.investments/rockrose-energy-the-interview-youve-all-been-waiting-for
"Just been at @CoreFinanceTV to interview @rockrose_energy Executive Chairman Andrew Austin. Will view and publish ASAP, I think it is one of the best, quite how it wasn’t an hour long I don’t know!"
https://twitter.com/mgrahamwood/status/1169552907223654403
"I’m pleased to say that my interview with Andrew Austin of @RockRose is taking place tomorrow morning on @CoreFinanceTV"
https://twitter.com/mgrahamwood/status/1169193348680364034
Comments in this month's edition of Master Investor magazine that he has added to his stake in CNR and is now the largest shareholder.
He also reckons on gold going to $2000 this year. That would certainly help direct further buying interest here.
https://masterinvestor.co.uk/magazine