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Sellers are obviously short term chancers selling at a loss. Saw a number on here a couple of weeks ago. Now they have vanished to gamble on the next instan cash cow. Lol
Surprised there are not many buyers snapping shares up at this price.
JC is on the move>
Kalahari last week followed by a flight today
https://www.linkedin.com/posts/jamesahcampbell_diamonds-exploration-activity-7190615982229356544-sRdS?utm_source=share&utm_medium=member_desktop
Is the time right for a JV with BOD and a larger mining entity? Meetings in the background could be ongoing in this area of development. We see that with diamond prices in the doldrums, but showing signs of recovery is now the time to look to the future. Botswana has a vast untapped wealth hiding below the sands and BOD holds the keys to the next large discovery of diamond-bearing kimberlite. KX35 and the new anomalies could just be the tip of the iceberg. Diamond mines are coming to the end of their life and with the increased cost of deep recovery from existing pipes, a new source is needed for the industry to continue over the next 50 years.
News will come and at these levels just a sniff will rocket the £4 million MC
Great price
The value of diamonds in KX35 and 2 anomalies is between $6.7 Billion and $4.28 Billion
Not to mention the fact that this may be only the start in the finds of more pipes in this area of clusters.
A similar trade went through last week.
I hope not as VAST are about to go to the wall. There are no diamonds at the bank. When this is realised THE END.
This will be published next Thursday. What can we expect?
Not only use LTH. But a high percentage of the shares are in very sticky fingers of friends and family. Only a few in free float.
Bailmaister I have a 50/ 50 split with shares and a Dividend producing Fund. Would never consider putting all in shares especially AIM
68287 buy Reported on ASQE market
Some great people on Telegram. Some with the ear of important people.
They have historically identified kimbalitic rock in both dykes and the accompanied blows. They are now drilling to find where the blows are large enough to warrant economic mining. Remember Marsfontain was only a small blow along a dyke.