Member Info for jscapper

We are seeing the poor souls who are chancers not investors. If it does not make a buck in a couple of weeks they sell at a loss and move on to another “good thing”.
I get even more excited as the days go by and another milestone comes closer.
What I am also mulling is the chance of a piece of news from left field which we are not anticipating.
In James we trust.

Nice little £15k top up for someone today.

Good luck to the seller.
But I would not be getting shut of any of mine at this pivotal point in BOD journey.
Happy to hold and add more on any weakness.

100% owned by BOD and is not part of the farm in the agreement reached with Diamexstrat Botswana Pty Ltd ("DESB")

"KX36 is a 3.5Ha kimberlite pipe, discovered by Sekaka, in the Kalahari. .......
Sekaka has undertaken extensive exploration work on KX36, including extensive core and Large Diameter Drilling ('LDD'). There is a historic SAMREC compliant Indicated Resource of 17.9 million tonnes at 35 cpht, and an Inferred Resource of 6.7 million tonnes at 36 cpht, estimated for the pipe by Z-Star in 2016.
Modelling these grade estimates suggests overall grades of between 57 cpht and 76 cpht.
The estimated diamond value from the LDD is $65/ct, with an upside range of between $97/ct and $107/ct, all assuming a +1.15mm Bottom Cut-Off ('BCOS') or +3 DTC diamond sieve. This estimate is out of date with prices much higher now.
We also own a recently constructed, fit-for-purpose bulk sampling plant on site. The sampling plant includes crushing, scrubbing, dense media separation circuits and x-ray recovery modules within a secured area.

We have a little GEM here. Some exceptional assets. A management who is best in the field with a proven explorer for diamonds in JC.
In Thorny River, we have a commercial asset I believe. What is exciting is the fact that these blows or pipes are part of an interlocking dyke system that is over 20 km in length. We are proving up this initial strike at the moment but how much more area we hold to develop?
Then near term, we have the acquisition from Petra with a large proven pipe ready and waiting to be mined with infrastructure and plant in place to take this to near full production.
Then yesterday we saw the usual suspects selling their meagre holding in desperation to make a few pence when the real profit will be seen by the real investors who have seen the potential in this GEM of a company.
I will be holding and adding over the medium term.

Another fantastic update. Yes, very interesting times ahead.

The results of the drill chips is forecast to be in July. News imminent on the shape and size of the new pipe. With reference to whether it is projected to join with River pipe. Exciting times ahead.

JC on his way back home from hols so may be ready for news when he is back. Then a bumper June and July with drill results.

Really excited about the prospects for this explorer. So many great prospects in the pipeline. Our acquisition from Petra still looks too good to be true.

He did post it was a Busmans holiday. So implying some work related stops.

They are being offered mid price to sell. Good sign as they are prepared to pay over the odds to get some stock. If you try and buy anything substantial the will only deal on NT.

It would be a mammoth haul from 12 reverse circulation drills. I thought the diamonds from river pipe was exceptional. We await with baited breath.

It refers to the 350ct recovered. Is this from just the drills. If so it seems a lot.

I find the KX36 pipe and the whole area very exciting. This could be much more productive for us than TR. What a great deal with Petra this seems to be.

I wonder what this trip is all about? It is a work-related "Busman Holiday" quote. However, he is now in Zambia which is North of any of BOD's assets.
Interested to hear anyone's thoughts.

More clues from JC today.

“A bit like a Busman's holiday but a road trip to East Africa has been on the bucket list for a long time. I love Africa, it's people and its landscapes even with all its moods“

Yes, pipes do not occur in isolation. I have been in Bluerock Diamonds for some time and they are mining a cluster of 5 at the moment all within a couple of sq miles.
This KX36 could just be the start of a resource in the area. Also, the diamond price for the KX35 is modest as I believe when the calc was made the price was depressed and only a limited sample tested.

Bit the bullet and had a nibble

Very tempted to have a top-up. Being quoted 1.08 which is well above average. However, it does seem too good an opportunity to miss with all the news about to hit.

JC has arrived. Could be some interesting tweets this week.

https://twitter.com/JAHC1/status/1393784520445464577