Member Info for jscapper

Now is the time for long term holders to read the messages both upfront and subtle from JC and have a quiet smile.

"The supply of natural #diamonds is on the decline and as a result, there is support for a healthy price environment for natural diamonds.
Many large world-class diamond mines are near the end of life."
Wouldn't it be good the have Gahgoo and KX35 filling a gap in the declining world resource?
New players taking advantage of this decline whilst low production increases rough diamond price.

JC's latest tweet sees him at the Mining Indaba along with a host of Fund Managers.

Another interesting step?

https://twitter.com/JAHC1/status/1623211169057046528

This is for Q2 2023 we start to mine this area.

"The estimated kimberlite volume in the River area is considerably better than expected. Botswana Diamonds will now determine the mining potential. Let me put this in context. The 2 million tonnes is almost twice the size of the nearby Marsfontein deposit. We have identified other small potential blows which could further increase the kimberlite volume. This enhances the potential in developing a "hub and spoke" mining project".

1p is only the launch pad for a year of explosive announcements .

Ghaghoo and KX35 will be the catalyst to take the company to the next level. We all know JC can also pull a rabbit from left field.

Exciting times are ahead.
As we say at Oldham Athletic KTF (keep the faith)

And its not me!!

“James Campbell, Managing Director, commented: "Working with our joint venture partner VAST, we have completed thorough due diligence on Ghaghoo. We believe there are significant opportunities to improve Ghaghoo's operating and financial performance through both the application of new and optimisation of existing technologies along with a strongly recovering diamond market. Gem Diamonds' advanced underground mine development and the surface infrastructure already in place, means a return to production is potentially possible with an overall objective to target a return to name plate capacity of 1.25 million tonnes yearly."

From what I remember JC stated that due to new technology the mining of this property would be done completely differently now. Was the main problem water in the mine?
As for money from this mine we are obviously talking £00’s of Millions.
Remember JC has the knowledge and has made multiple visits to the property over the last couple of years.

Had a couple of questions about the estimate on ADVFN board to the low estimate of throughput of kimberlite. My reasoning for this is:-

"Plant commissioning is well advanced following the installation of an in-field screen, two rotary pans, grease and x-ray recovery. Optimisation of the plant flow sheet is currently taking place and this will be followed by ramping-up to full production of 400-tons of pan feed per day".

This is from the initial sampling of the Dumps and Gravels at Marsfontain and a reason I used the 400Tons per day in calcs.

I agree it is probably low but with no data on plant being used I thought it a good place to start.

Looks like they found a few more to fill my order

How different the market is for BOD today. I had to place a Limit order for 100K of shares .
However, I can sell bucket fulls in one go.

As a low estimate our share based on 400 tons a day throughput at 50 ctpt would give us (15%)
$90,000 per month based on $150 per ct

Not bad for no outlay

Bod and Vast JV is already in place.
Vast only pulled the plug on the Ghoogha mine

Hopefully, we will see an announcement shortly that we have a new partner there.

That will be the company maker short term.

Buy 0.9725
Sell 0.9525

Results from Marsfontain Bulk Samples.

https://www.lse.co.uk/rns/BOD/macro-diamonds-recovered-from-marsfontein-sample-cy4sqgmc89e7ny5.html

The dumps and the gravels have been bulk sampled with results published in an RNS. We should see a good run-of-mill production in line with these findings. However, the special stone could be transformational.
Whatever happens here short term I am still excited about the virgin kimberlite of Thorny River.
Vast seems to have a windfall of almost 200,000 carats at the last valuation of $188 per ct. Could spark our JV with them

The plant is being commissioned as we speak.So first diamonds could be hours away.Exciting times.https://twitter.com/BotswanaDiamond/status/1621064166940221440/photo/1

And they are all gone.

Very happy with my purchase yesterday. As we become a producer at no cost people will start to look back at pre-1p as a missed opportunity. Still expect some big news this month on the Ghaghoo front.

Too good an opportunity to miss. Bought all 500K at 0.85 then had to pay a tad more for the rest I wanted. Bargain

For me, Ghaghoo opens up KX35. Without Ghaghoo we will be sitting on a recourse which will just fester. Together they become a takeover asset. Just my thinking, but JC seems to put a similar emphasis on running the two because of the synergies it will bring.