Member Info for JPWrighty

The building blocks are here. If we had a rising Rough Diamond price, such news would be well on the radar, but in the end, like a brick tied to a large elastic band, when the REAL Diamond market comes back around, we will the SP Rebound.

Yes, same here... but don't know what/how many there are in circulation or value...

A lot seems to be going on, diamond prices are set to bounce, we see that segmentation from LAB and REAL Diamonds, deals to be done in Joint Ventures, De Beers sell off... BOD are centrally placed with most of us shareholders sitting tight. Little shares I suspect in free float...

We are hitting a point at which the cost, easier identification and 'perceived value' of Lab Grown Diamonds segments from 'REAL DIAMONDS'. It is still occurring but at apace. We all know that a silver ring with say a Moissanite are very pretty... but brides and husbands to be in particular, realise that it's not just the metal or stone used, but the 'value' of the item. As LAB diamonds get larger and clunky, but are cheap, then people will want the 'real thing'. A natural billion year old diamond. Time will tell, but we can see miner's starting to see this and making bids/joint ventures. BOD has a wealth in this area... so I am confident BOD will do very well over the mid to longer term.

Agree, the 'workings going on' in this time of low diamond prices and LAB losing value fast (segmentation of market) means Real Diamonds will soon be the cream of the engagement rings in US and and other countries.

Now is the time to invest, but of course most will only see this when SP jumps.

Thank you, and fingers very much crossed for us all on this one!

I have been told that the 300,000 approximate share will be transformed into 300 in... Acturis Data? Seem correct?

If a sell it would have been a price in 0.30s, as it was a large amount, to get over 0.4, means it was a Buy.

That's a buy at that price :)

So, it is difficult to understand how important the last RNS's have been. We know that the successful Karowe Mine is one of the world's most significant producers of large and high-value diamonds including Type IIa and coloured diamonds. AK6 is a roughly north-south trending elongate kimberlite body with a surface expression of ~3.3 ha and maximum area of ~8 ha at approximately 120 m below surface.

The BOD finds now are over 21.5 ha... they are in a similar geological part of the world... so potentially bigger than Karowe mine, Double the size of Ghaghoo Mine at 10.8 ha, but way off the 120 ha of one of the world's biggest of Orapa mine in Botswana, still mined now, and found in 1969.

A way to go... but WOW...

...is the key

They will hit a wall soon, where little free shares, and then it will need to climb up over 0.75 to catch any attention, then 1p for some others to break even, and the third wall of us LTHs who realise patiences

Yep, so far off radar, that even such good news travels a short distance... it is though, still very good news!

In JT summary he states the original 3.5ha has almost 9 million carats. So with extra 12 + 6ha found, that's potentially 54 million more carats. Total of say 60 to round. At the inferred $65 per carat that is 3.9 billion in value, but of course there are huge set up costs etc... but this could be the next big diamond mine, and the likes of De Beers etc could be tempted to place in an offer. Quick maths, so would need to check... But WOW potential.

Added exciting bonus for BOD and for Botswana is that the technique will analyse a number of different minerals. We have always believed that there are more diamond deposits to be found under the sand. Now there is the possibility of other deposits being identified".

Possibilities could be Massive.

With recent highs in Gold, we often see Diamonds of quality being held. This could definitely be a upside to BOD and SP here. BOD have a LOT of such diamonds held in the ground (especially in Botswana).

I Reiterate, I call bottom and bounce.

Agree, with forecast of massive need for more electricity (and that being from sustainable sources), we could see strong performance over time (I'm thinking ten years). I've 5% of SIPP, but looking to increase over next year.

Yes, so much going on, what is the anchor is the diamond rough price... and that will/is changing. Once it does, well... up, and UP. ESPECIALLY if prospective buyers in US in particular start to look at LAB grown Diamonds as Pandora costume jewellery, that doesn't hold value.

Just bought some more shares in BOD, I see this as the bottom, it may bounce along here as the real Diamond price does... but soon we will see segmentation to LAB diamonds for costume jewellery and people wanting real diamonds again for the bigger purchases such as engagement rings. Especially in US. We can all buy a bottle of Scotch... but only those made in Scotland are truly Whisky. Same will happen here with Diamonds.