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Another month bites the dust. Still nothing...

Nice work if you can get it.

There are no reasons to be cheerful. Evryone defends JC but I can't see why. The next RNS will be for a placing. BOD have no cash. All we ever seem to do is fund his semi-retirement. Just look at the share price. 0 progress in years.

Any kind of update would be nice. It would be nice to see how JC earns his wage. Look over the past 2 years. Almost no progress towards revenue just another prospecting plan that never bears fruit. When will there ever be any revenue? All that time and moey wasted on Thorney River at a time when the diamond market was sinking.

And no, an update on the discord group or a casual chat with JC doesn't mean a thing. RNS's are all the market will react to.

About time people started to hold the directors to account.

He isn't dipping into his own pocket. There may be no resources at all in the identified areas. It's a gamble and the risk will be placed on the company. It will be a raise. One is overdue now just to keep the lights on / JC paid. Painful times ahead.

Guess we are all so far into the red now we have no choice but to wait and hope that we don't get diluted into oblivion.

The big issue here will be funding for the next year or two. We have no income. The only place we can mine (Thorney River) would be at a loss. The SP is at an all time low. Diamond prices are low and DeBeers are sat on circa $2b worth of diamond stock.

All of this exploration is great, it seems to be all that James does. We have no money for a drilling campaign. Apart from consolidation and another placing, does anyone know of any sources of funds?

Just feels like the same old rinse and repeat by the 162 group.

The below was the kicker:

'Subject to securing the necessary funding, the Company would target commencement of its drilling programme during the Kalahari dry season (April to October) next year.'

Guess this means another round of fundraising on the way and more dilution.

Another great pair of predictions from the all knowing oracles at BOD. Naturally, the share price ended the week down, again. Ever think JC is just stringing us along whilst we pay for his hobby?

Echo1. Posts: 2,664. Price: 0.215. No Opinion.

RE: Time for an update on BOD from BOD16 Nov 2024 21:50

This week :-)))

That is all I can say.

jscapper. Posts: 2,165. Price: 0.215. No Opinion.

RE: Time for an update on BOD from BOD17 Nov 2024 14:35

If you need a top up get in early this week is the message you need to know.

Jscapper

Clues? I hope you don't base your investments on random tweets from CEO's. Until I see an RNS, it means literally nothing. He could just be there to visit family.

Echo1

I look forward to your next unfounded 'big news soon' 'explode this out of the water' 'mark my words' message on here shortly.

Again, would love to be proven wrong at which point, feel free to shove it down my throat. Until then...

Starting to sound like the VAST board on here these days. Clutching at straws on going into business with one of the most corrupt and unstable countries in the world. IMO we need to steer well clear of Zim.

'Earlier this year the US sanctioned Zimbabwe's President Emmerson Mnangagwa for human rights abuses, corruption and smuggling gold and diamonds.' Sounds wonderful...

JC needs to get focused and start delivering some value for shareholders. Just feels like all we are doing is funding his hobby these days. Funny how all the optimistic interviews etc have dried up too.

We live in hope...

This RNS is telling us shareholders that they are doing what they previously stated in another RNS (4 months ago)... Best case results in more prospecting, sampling and drilling. Anything found will be years and years away from an income stream which is what this company needs to focus on.

The days of JC doing share talk interviews etc have long since dried up. No meaningful news now for months.

Seems all we do is get a 6 monthly RNS for fundraising to keep JC's hobby alive.

And no, the telegram group having gossip means nothing. Until it comes out in an RNS, it is nothing but rumors.

Life in the doldrums continues....

Usual unfounded ramping I'd guess.

Hope I'm wrong though! This share has been dead for way too long.

People have been crying out for him to go since 2020 lol. He's rinsed all the shareholders here for years. He knows he can't be voted out so just carries on. Nothing will change. This will go down the pan. His whole family are crooks. Just have a google for the surname. Feel sorry for people on here who were sucked in by the idiotic rampers who actually thought that this would come good. At least the end is now near.

Does anyone know why JC / the BoD are very quiet these days? No interviews for months. Not alot on twitter. The RNS's have dried up completely. There has been no real news of note now for over a year. All seems very strange. The share prce has died with most people now needing 300%+ to break even. JC gets paid very well and we are not seeing much in the way of updates these days. Been here for years but the past one has been a very strange one indeed.

They consolidated again? How TF are you lot still remotely invested in this POS. This is the second time AP has done this. If you can't see what's going on here you are blind. AP has been robbing the shareholders since day one. He is a grade A crook. Can't believe he hasn't been voted out yet. Amazing work from him when you think about it.

They will place and place and place over and over as they have done for the last 8 years now. Shareholders loose, AP gets his wages. You can be sure of that.

My advice, sell and run. They are never getting the diaminds. They are loosing money and the only way to stay aflot is to fleece the shareholders.

Shocking company. Terrible BOD. Crooks.

One thing is for sure, the share price is dying a slow painful death until we receive any kind of meaningful update.

Did anyone attend the AGM? If so was there much to take away from the event?

Would really love an update on Thorney River. It feels like it's been a long time since we heard anything about it.

Can't believe anyone believes in this company. It was sinking years ago and has never stopped. AP has been placing his way out of the mud for years. When in doubt, zoom out on the chart. Since he took over the share price has been decimated. 99.74% down since he took over. Amazing work. Guy is a clown. Got burnt here many years ago. Only good thing is that he got given lots of shares years ago which are now worthless too. Reap what you sow AP, you absoloute muppet.

50% down in 4 months. Something doesn't add up here.

We need to stay as far away from VAST and the bunch of crooks that run it as possible.

Take a look at the VAST 5 year chart compared to BOD. Terribly run company.

Been trying for a top up today through Halifax and going NT. Frustrating!