Member Info for Echo1

Julian and JPW are very much on the money.

And that’s it.

Yes unfortunately JPW is 100% correct.

Until rough diamond prices recover the assets and projects BOD hold mean very little.

And unless the company starts to generate revenue, another cash call is almost inevitable in the next 10 to 12 months.

For long-term holders, this is full of promise, but it is becoming a hard equity to hold

Yes, a broker note has been issued

It’s by first equity

It’s on the Botswana diamonds website apparently

Yes JPW makes an excellent point.

And having spoken to James Campbell, recently, regarding whether we are vulnerable or not to take over, he stated that there was nothing ‘corporate activity wise’, which would suggest someone is looking at us as a takeover target.

*diamond

I didn’t attend the meeting, but I think the general gist is that won’t be doing much until time and prices recover.

Mining up at Mars has ceased given the 50% reduction we’ve seen in price of the diamond category we’ve been recovering.

Today’s announcement is certainly good news, but I’m not getting excited given where the share price currently is

Great post Perr.

Fingers crossed 2024 will be a monster year for BOD

Yes, we are all very much feel your frustration rich. The diamond market isn’t great at the moment and that’s very much contributed to the current situation. But the amount of work James has had to put in to acquire the permits for thorny river seems absolutely ridiculous. Personally I’m not invested in a company. I’m invested in James Campbell. He is very hard working on a fantastic CEO. Only time will tell as to whether we’ve made the right judgement here.

But around things off, I would say that is a fantastic buy for 4 million shares this afternoon :-)

No I’m not buying at current levels despite wanting to. Had a big to up at 1p quite a few months ago.

If ANGS comes good I’ll be ploughing it in here though

I couldn’t agree more Julian

2023 promised a lot but it’s been a torrid year.

Let’s hope 2024 brings the success we all crave

GLA

I can’t say that I’m happy about the placing at such a low value

We knew that it was coming, but we hoped that it would come after some good news.

The optimist in me, hopes that the Botswana government and the funding parties have taken these 76 million new shares.

That should be the funding done for the next 12 months. But we now need to James Campbell to deliver.

Just thought I’d break the chat duck!!

Has everyone moved onto HZM for some volatility action?!

Just to re-iterate what JPW has said

We do all feel frustrated on the lack of communication.

There is a lot happening in the background and JC is working very hard.

We should get an RNS before Xmas regarding Botswana and thorny river. There is progress being made on both fronts but JC doesn’t reveal much

Unfortunately we have to stay patient . . .

Yes the cynic in my agrees.

Bought in at 1.9p a year ago and resigning myself to a low ball offer from Kemi.

But let’s see what happens

Apologies City

We're pretty full at present. So I can't let you join.

Whether you see the current situation as positive or negative, it is hard to get away from the fact that the company now has over 4 billion shares in issue.

I suspect many investors have no choice but to hold, or sell at a significant loss.

GLA.

I’ve found a Phil Howells Ziq

Looks like a young chap with an orange top on?

Ok :-)

Just give me your telegram name

Nice to the ask recovery at least

But yes - the spread is ludicrous

Hello all, get the telegram app and post your username on here and I’ll look you up :-)

Cheers