Member Info for ifiknewidberich9

Not really , in the real world 2024 top Diamond sales average for Africa was Namibia at $650 a carat (ALL gem/non gem) while Zimbabwe was $93 (all) Marange Gem diamonds usually sold at a large discount to other African Diamonds, tend to have a green hue.

The industrial Zimbabwe bulk of our Diamonds , prices $20-$55 a carat, the gemstones brought the ave up to $93

The original $18m for the 129,400 parcel sight unseen by London Diamond dealers for High Court/Insurance purposes, was based on all industrial grade , at the ave price back then of Zim diamonds of $135 a carat, prices have fallen considerably since then.

Last year the minister for mines , disappointed by the latest sale in Dubai, had hoped for $100-$105 a carat for the parcel

was sold at an average of much, much lower.

Based on FACT not wild guesses using , other African Diamond countries prices , will be highly delighted if we get $27/£20m for the lot👍

Places to be , catch ya Tuesday , hopefully for a Vast, BLUE'tiful week👍

Leave the yomping to you Army and Marine types lol, never my bag, did those walks for charity events only, family decent from a long line of Crows No8 's ,Brisbane Dad's side and Mam a Geordie, they are Magpies, so as they are related, guess I am a large double Crow ........ 😅

Carrying myself was more than enough for my poor feet, sod the what was it you guys hauled, 50lb packs??

And dam, that beats my doing the Lyke Wake walk and Rosedale circuit , a few times each , in my younger days, by a few thousand miles........... impressed, my feet blistered to buggery on those, let alone that sort of trek.

Lifelong problem, always carrying a heavy load at 6 ft 7 and big solid bone/muscle structure ........ 🙄

Probably a lot more than the Photo in mine m8 😂

Probably no more than I was told at the time, I entered and exited a building they monitor, smile for the camera's next time, they photograph all comings and goings.........

Not sure what is says in my KGB file Daffy ........... 😲

but informed they have one , about 45 years ago......

Https://rapaport.com/news/zimbabwe-releases-diamond-parcel-15-years-after-seizure/

The miner explained that it did not know the current value of the goods, which will require cleaning and re-sorting to enable an accurate assessment and valuation, which is not possible in their current condition. However, Vast did note that the initial inspection of the parcel’s content exceeded the expectations of the company’s management.

Vast has sent the diamonds to its tender house in Dubai to be prepared for sale, which it expects to take place within a month. Once sold, the company will put approximately 20% of the final value toward paying royalties as well as legal, auction, security and marketing fees.

Clearly AI is duff daffy , I asked the same question and it answered

Is a Dutch flower cutter

😜😅

Looks like on return to mining, ZCDC all geared up to do all the preps locally

https://www.zcdco.com/vp-chiwenga-urges-diamond-value-addition-to-boost-exports/

https://www.zcdco.com/vp-chiwenga-in-chiadzwa-for-zcdc-tour/

https://www.zcdco.com/mining-value-addition-takes-shape/

https://www.zcdco.com/new-vp-chiwenga-commissions-deep-boiling-machine-at-zcdc/

https://www.zcdco.com/diamond-production-expansion-on-the-cards/

👍

On return to operations in Zimbabwe, look like Zim geared up for more local processing (Boiling) prior to sending to Dubai for sale...... this from December 2024, our Gov partner in waiting ZCDC web........

Government is geared to expand the production of diamonds across the country, amid expectations of more mines being opened from exploration projects currently underway, Vice President Constantino Chiwenga has said.

Vice President Chiwenga said this during a tour of deep boiling machinery at Zimbabwe Consolidated Diamond Company (ZCDC) in Chiadzwa, Marange

https://www.zcdco.com/diamond-production-expansion-on-the-cards/

Thanks ASI

So looks like earliest June/July sale, fingers crossed AP can give some positive updates while we wait, breakdown of Diamonds and estimated sort/ value leading to Dubai auction (based on current prevailing prices for Zim not Namibia)

Additionally, fingers crossed , he has ammunition to keep the momentum and sentiment going, with some positive net revenue/profits?, from Tajikistan ops, BP/Hanes😲🤑🤑🤑

As for value, a while ago in and interview, AP said today the parcel now worth more than the current company market valuation, that day , we had fallen to just below £15m in London.

As that was his opinion then, with his recent "parcel exceeded expectations" surely makes £15m a viable baseline, given the additional info, parcel is also slightly bigger 130k and what was it 27% not dross destined for the drill bit etc.

Even ASI commented on the 1% shown on the video clip, he saw 3 stones that caught his (ex trade) eye, same in the rest and the chances of some higher priced gemstones boosting the pot, looking much better now.

Tempered by 2024 the average prices of all Diamonds sold by Zimbabwe was $93 a carat.

Bulk Drill bit dross $25-$60, lesser number Gemstone various higher, giving ave $93

Until more information released, quite happy to look forward to clearing the debt, anything else a Brucie Bonus.👍

That alone transformational, zero debt , revenues from Tajikisan various , BP , Hanes, Blueberry/Zimbabwe return. 🤔

Not forgetting, AP has long held the belief his company should have been valued at $200m+, before the recent additions.

Debt finally cleared, he might go from belief to reality........ 🤣😉

Cameroon

Tower Resources Cameroon SA ("TRCSA") has already submitted the TRCSA-Prime farm-out agreement documentation and the request for a year's further extension of the First Exploration Period of the Thali license to the Cameroon Minister of Mines, Industry and Technological Development ("MINMIDT") for approval in January, and has discussed both matters with MINMIDT, the Societe Nationale des Hydrocarbures ("SNH") and the Cameroon Prime Minister. The Company's understanding is that the matter is now with the Office of the Presidency and awaiting formal Presidential approval. As with the Namibia farm-out, the Company remains confident that the approvals will be provided, and still hopes this may be around the end of March.

The Company has been offered a number of rigs which could be available at different times between June and December 2025, and on different, but reasonable, terms. The Company hopes to make a rig selection decision, albeit subject to the requisite approvals being granted, at the end of March or during April. For commercial reasons, the Company will not be commenting further on these discussions until they are finalised.

In order to support the procurement process for the rig and associated services, and to minimise the time required between the farm-out completion and being ready to take delivery of the rig, the Company has already started to make selective hires in anticipation of drilling, initially through flexible contractor agreements. This includes a Senior Operations Geologist reporting to Mark Enfield, Tower's Exploration Director, and a Senior Drilling Engineer reporting to the Company's Drilling Manager, Phil Church at Bedrock Drilling. Tower is also adding a highly experienced member of staff to its financial team to support the ongoing discussions regarding future bank financing.

Tick, Tock , time for rns o'clock............ 🤔

Could not find anything else on upcoming Dubai tenders for other than KOIN, so unless AP has a nice surprise up his sleeve looks like sale no imminent.

Who knows , not I , mentions dealing with the little guys artisanal miners, do they do quick deals for them, pre processing ? , maybe AP has something for a quick sale in play, for the right price with one of the other Auction houses ?

Be kinda cool, if he did , bearing in mind the above expectations comment, he gets to service the debt asap, some money in the kitty (to go with yet to be revealed revenues from Tajikistan, Haynes, BP etc) and the buyer gets a discount. With a relationships set up for future sales, from a return to mining in Zimbabwe ??????

Probably not and more Carlsberg thinking.........

Over to ASI, do they do pre processing deals for the little guys, for a quick sale ?

Horult , no apologies required, have had 50+ replies to a post in the past, half calling me a ramper the other half a deramper, press article content mixed, so not liked by both conspiracy theory groups. 😉😂

KOIN SERVICES

Coordination of all shipments, whether import or export, in line with KP and customs processes

DEEP BOILING

Lot preparation including labelling, QR codes and RFID tagging, as well as further risk management, security and viewing procedures

Assortments and evaluation:

Preparing of mining productions into assortments as per mine production and buyer/manufacturer demand, to ensure maximum price gains

Valuation services based on historical data, latest industry movements, and current market behaviours

But he could put some feelers out while visiting, reading wider , KOIN seem to be the main dealer in Dubai for Zimbabwe sourced Diamonds, so could be the start of a new company relationship, as it would seem , the Diamonds have arrived and a return to mining in Zimbabwe, back on the cards soon.........GLA

Nope, as said that RNA would be written by Carlsberg ........ 😉😂

Exploration will commence as soon as access allows but is scheduled to begin by mid-May latest. Planning for the remaining projects in the Company's portfolio across Northwest Ontario is ongoing, with proposals currently under review.

Patrick Cullen, Chief Executive Officer of Focus Xplore, commented:

"Focus Xplore are looking forward to a busy first phase of exploration this Spring and throughout the year and we are pleased to have appointed the team at Fladgate. They are based in Thunder Bay, just 170 kilometres east of the Iva Lithium Project, which is likely to be among the first projects we gain access to as the snow melts. We look forward to getting started as soon as possible."