Member Info for Disruptor

The only warrants that I can which are still outstanding are those that were issued on the 16/05/19 with a strike price of £1. These warrants expire on the 5/06/21.

Yup, it’s so well hidden that nobody can find it let alone read about it any press. It really needs to put itself about more. I note that the weather forecasts for the area now show very little rain on its way after record biblical floods.

My belief is that the investors who bought in at the last rights issue at 35p have now sold out at a decent profit. We need a decent run of positive RNS announcements to get long term investors onboard.

BlueRock Diamonds
@_BlueRock
·
56m
Guidance for Q1 2021 is to process 130,000 tonnes, 75% up on Q1 2020 of 74,000 tonnes...

...Production guidance of between 850,000 and 1,000,000 tonnes for 2021 remains unchanged

BlueRock Diamonds
@_BlueRock
·
20h
The grade of the diamonds mined and processed in August 2020 has recovered materially to 5.1 cpht compared to H1 2020 which averaged grades of 3.0 cpht...

...The grade now stands well above our current internal target of 4.0 cpht.

The mine connected to the national grid and substantially reduce use of the expensive diesel generators...

...The introduction of a re-crushing circuit will result in an expected increase in recovery from 70% to c.90 (additional 1 to 1.5 cpht recovered)

Keep the new chairman, change the remainder of the board.

Does anybody else have an instinct that more cash is needed?

Looking forward to seeing the Q4 production update in January. We might all be pleasantly surprised IMHO.

I think that jscapper is correct in his assumptions. More than anything, I think that management should under-promise and overdeliver in future. Too often in the past predictions regarding production volumes have been made only to have been restated downwards later. Mike Houston will hopefully rectify this and other production problems.

Just maybe investors are scared that in the light of the cash burn, there might have to be another cash raising exercise. In other words, a further dilution/reduction in the value of their existing shareholding.

I think that you have answered my question. So why don�t they go back to reporting the numbers monthly? After all, the diamonds are sold by tender every month so why not report those results every month. Information is strength.

So what is going on with the share price? It seems to be caught in a trough of between 1.45p and 1.50p in spite of a very good Q1 update by the CEO. I can only guess that us poor shareholders and any new prospective shareholders have become totally p****d off by the constant fund raising and the over-promising and under-delivering by the present board. Perhaps a shake up is on the cards?

I�m new to this company so I ve done some research on it. It looks like they have raised either by CLN or placing just under �6m since they listed on the Plus market in March 2013. They also had �500k in cash at that time. They then listed on AIM in September 2013 at 7p. The shares peaked in August at 33p and are now at 1.45p. All that could go wrong seems to have gone wrong but the latest news from the CEO looks like they have turned the corner. Am I just being optimistic?