Member Info for Echo1

A binary investment?
Is that an all or nothing type investment?

I appreciate the compliment Nuck cheers.
Botswana diamonds is a good board.
Its my long term hold
Good luck

Sorry to hear your out of the game Nuck.
I've had some nice results this financial year (RMS, AMGO and AOGL primarily) so I'm happy to role with the pummelling I'm getting from ALM. The SM can be brutal so I'm not surprised you've thrown the towel in. Good luck :-)

Scoutt - I agree about the FED price. Regardless of how poor the ALM BOD have been I still remain optimistic that FED at least will come good.

Morning Nuck
I was wondering when you'd reappear ;-)

Still invested are you?

Arthur - who on earth told you about my trading strategy?!!

Admittedly I've picked some right duffers in my time lol

Evening believer,

There's not much more I can say about the board. CA have pulled costs down to their credit but years of underachieving is hard to put right.
I have stayed invested here mainly for Federated Wireless as I do think in the long term they'll be an excellent recurring revenue company. But I was hoping the CBRS auctions and C band auctions would speed there road to revenues up. Add to that Bridecomm and orbital sidekick and I'd like to think significant value can be drawn here.

But Spin has been a disaster. I've always been here for a long haul. But my my doubts are growing as to whether I'll ever see my holding move into profit. My b/e is 36p

Happy to hear anymore thoughts you have

Evening blue

Its a good point you make, and i think the article is very relevant given the current mood for copper.
But for me Tony is the man who'd need convincing when it comes to a take over.
And what price would you settle for?

I wouldn't be aiming high personally. I'd snap someones hand off for 6-10p
But I'm not the owner . . .

Yes good point

No news tomorrow and I think we’ll see a big dip
Hope of course I’m wrong

Very enjoyable reading the board today guys :-)

Just to add for what its worth -

If they do mine Thorny river I'd assumed it'd be open cast mine, but thats purely because the original Marsfontein was open cast i believe?
As you all know I'm very much a holder but my strong preference is for a buyout now. I don't particularly want to hold this for more than 5 years (3 years at present). I appreciate that probably seems impatient but I think as investors, especially on this board, we've been patient and remained optimistic.

I'd like to think in the next 12 months we'll get our reward with bags

GLA

10 years.
My god :-/

I’m clearly out of my depth here!!

0.65 I reckon

No I've no feelings of conspiracy. But your band 8 wife wearing the RMS mask wont make a jot of difference I don't think.

All this talk of 'busy ED departments', talking to the chief exec and the infection prevention nurses just sounds like hot air.

If of course the NHS does end up buying in bulk I'll happily eat my words as it'll make us all a lot of money :-))))

Good luck all

And I agree with DG73
I think the timing of the update is linked strongly to the start of the tax year.
GLA

A lively board for a Saturday lol

I think the next 4 days trading will be a definer here. Any hint of good news and this will rocket.
But no news will suck the confidence away very quickly.

It all comes down to what your attitude to risk is. Good luck all :-)

Morning RIch

I think you're spot on with the remark - 'the market seems happy that it can sit back uninvested without missing the boat'

I think the next drilling campaign is pretty much nailed on and in my view will take a few weeks conditions permitting.
But as we've just seen the analysis is the long end. I think it could be 5-6 months from now until the next update.

Sorry seaman it does sound like you're talking Pony.

Topdog is right - we change our masks every 3-4 hours. Our ration is 3 a day for a normal working day.
And ironically they're also made in china lol

Morning TBTT

'What will it take to move this share price?'

A very easy question to ask but a very difficult one to answer!

I'd like to try and resist speculating but in general I think that BOD is still very much at the speculation stage of exploration.
All the company has is very good prospects. As long term investors on this board I think our confidence is justifiably high but the market seems very cagey as to what to do with us. I think the recent high spread of 25% is a sign of this.

I personally want to bag multiples here. But unless something happens which the market can hang their money hat on I'd say we have to be patient once again. A take over seem less likely given BDM coming in. So that leads me to think that BOD want to mine the resource. And that is a long road.

But if they do progress to mining it . . . . . The sky is limit IMO

yeah I'm with Tard

I'd be more than happy with 6p given my b/e of 4.4
But the road to double figures could be very long

Its good to be optimistic though. GLA!

It is sad to read the feelings of investors on this board.
But of course given the SP action it’s justified.
I’m not as bad off as some, having bought at 5.5p and 3p.

But with only 187 million shares in issue we’ve seen how this can shift. Can the dodgy duo and Roger Tamraz make this company into anything?!