Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yes there is already been a noticeable bottom and trend reversal in Diamond prices. Expect that to pick up considerably as 2024 progress which will likely have a knock on affect to the general sentiment in the area
However, remember the big boys like De Beers like to do their business when prices are near the lows. Taking advantage of opportunities.
Watch this space
Any sniff of a takeover deal or JV on one of their many valuable assets in Botswana and it'll rocket.
feels like something big is coming
Yea i don't blame you. But you'll be paying 5p not 2.5p
So i guess there is a risk v reward at every level
You can buy 1m shares at 0.2788p
Still a long way below the 'family & friends' placing at 0.5p from November, they were all very happy to put their money in at those levels given what is beingh lined up
I would suggest we are finally on the cusp of something big
Yea few nice bargain hunters popping up on the buy feed today. Can't believe its even dropped this low. Good to see diamond prices slowly picking back up
High probabiklity we run back up much higher in 2024 to 1p+
Diamond prices are starting to recover and I expect we get some progress on Thorney River shortly with permit granted
There has been lots of activity in KX36 and close by, this could surprise the market as currently nothing is priced in
We know Ghaghoo has attracted plenty of interest and they are currently in discussions with an investor, I suspect that may be De Beers.
It’s going to reward holders for their patience shortly, I truly believe it, and anyone lucky enough to pick stock up down here at all time lows will likely be very happy in Q2
Few more and we'll be off
Flushed out any impatient fast money. Discount 10% below recent placing. I think from here things get VERY interesting. Big upside
Any sniff of some positivity from the major testing on multiple fronts will send this into orbit, along with any commercial deals
There is very little risk here given the cash balance is almost the same as current Mcap with little to no enterprise value
Spot on. We can take great confidence in the fact the RUAs testing inhouse was VERy successful and achieved superb results. I suspect the Majors will find the same and over the coming weeks/months this will get announced
Any hint of success and/or commercial partnership and its going to rerate back to 50p+ in a flash
We have almost zero enterprise value here with £4m Cash in bank
Ludicrous
Company is funded until end of year. Directors getting paid in shares and interest aligned with shareholders
We have price of Gold exploding and some exciting drilling campaigns lined up
Still waiting for results from the recent drilling done earlier in the year
Its all getting rather tasty. As soon as we get that fuse lit will be back into the 0.4s and beyond
There are some big deals being worked behind the scenes. Plenty of interest from De Beers and the Botswana Government
If any one of them come off soon then it will multi bag
Last weeks RNS had lots of clues.
KX36 i suspect is attracting alot of interest given the large resource it has worth multiples of current Mcap alone
Then you have Ghaghoo diamond mine which has interest from a large investor. Its important to note they had a sizeable bid rumoured to be up at 3/4p last year which fell through. I expect this to surprise the market hugely to the upside
Then we have A gravity survey that has discovered a high-grade anomaly similar in size or larger than BOD's KX36 high-grade kimberlite pipe in the Kalahari, thats massive and market has missed this
Lastly Positive progress on the awarding of the Thorny River Mining Permits, if that gets awarded its a multibagger. South Africa not even factored in to this current depressed price
WOuldn't surprise me to see this up at 2-3p later this year
Well if you check the RSP its 0.292p to buy and 0.2812p to sell
Someone wants in
Lets see a few more
People may or may not have noticed that Riverfort are in the process of going through a RTO deal. So they are calling in debt across all stocks, not just HELD. Please see Riverfort RNS i think from a week or 2 ago
RF deal was never supposed to be converted into shares, the company are paying back the loan monthly and have been since November
The RF stock has been forward sold and thats what caused the weakness when it was about to break 3p a week or so ago.
Anyone who knows how RF operate know that the stock is forward sold and then converted & announced via RNS
So i would expect that to be the end of it. Let see if Dav can get the bank finance dwal across the line after Easter
you either believe in the story here or you don't
Time will tell
Was 4p in Feb and we are on the cusp now
Should have a good few weeks ahead