Member Info for jscapper

These, now regular stone finds, are pushing the bottom line out of the expected range. Another quarter which should produce $ per ct well to the North of the $340 projection.

Not me this time.
Have to say the order was placed on Tuesday though as MM’s went 3v1 with a few small buys.
Agree that we will stay around placing price until consolidation is completed.
However, this would be a great baseline entry point for any new investor.

Log you bought £7 worth of shares?

connie - Very much appreciated.

However if anyone is going I would like to know what the managements long term plans are for BRD. This resource will not last forever. As it looks like they are stepping up production to a much higher level the life of the operation has a reduced life. I understand people will want to see them consolidate this into a profitable venture first but I am interested in longer term. In the last managements tenure it was stated on numerous occasions that they had identified other targets. This question is also a way to determine how serious the new management are taking the company.

BB Sorry mate will be sunning in Fuerteventura on that day.

"We are delighted with the sale of our largest diamond to date, a 24.98 carat gem quality stone, which showcases the potential of Kareevlei"
$7606 per ct I bet a few diamond producers would like to own a mine with this quality of stone awaiting to be processed. Top ten in the world for $ per ct.

uNT that last statement is so true. How many micro cap diamond explorers would like to be in BRD's shoes. All the hard work of proving up the resource has been done. Even with a incompetent management team. From here, as Mike said in the latest Q&A, it is not a difficult task to get the diamonds to market.

I understand what you are saying. Just hope that we can make a sustained climb when it happens. Had another listen to the Q&A broadcast and it does seem very positive.

It looks as though the market has had the nod. It seems to be waiting at this level so that consolidation will be at 50p. A much more grownup share price.

http://www.bluerockdiamonds.co.uk/assets/BlueRock%20Shareholder%20Call%2009.07.19.mp3
Really positive and now even more excited.

connie - so much respect for you and a couple of other LTH. I suppose I was lucky in only having a small punt at 2p which has made it easier to average down ,although the last placing was a trial. My bugbear are the whiners.. Nobody forced them to buy.
We seem to have been let down by previous management. Although the resource has always been there and what a resource we have. I share your optimism with the new setup and expect the shareholders to gain some reward over the next few months. I look around at some other shares and feel that we have a little "gem" in the making here. Consolidation could be a good move as it will make the SP look a little more grown up and attract more than the overnight chancers.

And have bought many time since latest large trade was under 0.9 which doubled my holding.
But why do I need to justify my position?
I am not one of these who needs to lie about my dealings. This is money which I hope will increase my wealth. However, I am fortunate enough not to have to rely on it. Like all investors should remember only invest what you are prepared to loose. And don't continually whine when there is a hiccup.

If you sod at 1.37 then I would take a little punt again. Give the new management a bit of a run.
What ever you decide good luck with your choice.
For me I am happy to hold and will add at any op. below this level.

Opportunity here again

BB
I have a large holding at an average of 0.14. This is due to averaging down at opportune times. Do you have a problem with this?
I first bought at 2 p a small holding of 200 k shares. Again the fact that I have many multiples of this now does not seem any of your business but the implication of your post needed a reply.
What is your holding?

uNkwnTrader - for me it is looking well on target for that. The management seem to understand the project and would not supprise me to see the volume processed blown out of the water with the new larger crusher. Together with a better ctht as we move down the pipe into the rich kimberlite. An exciting time to be invested.

"At the end of the year the Group cash balance was £168,181 (excluding restricted cash). The Group cash balance as at 25 June 2019 was £1,168,918."
The cash on hand was more than the placing which can only mean a profitable last 2 months of the quarter. This along with the 1326 ct in hand with a value of aprox. $500,000 should be enough to fund the improvements stated to the crusher circuit with plenty left over.
What is the M/Cap £1.6M. So cash and diamonds in hand seem to equate to the M/Cap.

Hi Connie
Yes I remember you reporting back on that meeting. In fairness nobody in AW's or MH position could or can rule out any placing. It is up o us investors to weigh the risks of the share.
I am very upbeat about the new management. Especially the fact that Mike eluded to us being already self funding in Q2. With not needing to dip into the placing cash for every day running costs over the last 2 months.
I still hope that they are looking to the future with some other pipes being investigated. Or present operations will be exhausted in 8 years which seems a long time but we all know how long it can take to get a new operation up and running. However very content with the present situation . As such I have added to my holding but also taken a punt on Botswana Diamonds BOD. Anyone else here in that on?

I see that the “now filtered one” has posted some fag packet numbers. I have a lot of jewellery orders to complete this week so will not have time to do my own real figures. However, how can you just loose a large diamond and it’s value on the pretence it was a one off? Do we have to loose the other large diamond we found this year as freaks? T
MH stated that the +$1000 diamonds were increasing in number as we move away from near surface kimberlite. This bodes well for us finding an ever increasing number of large high value stones each quarter.
Also on first glance the conversion $ to £ is way out. Somehow £200K was lost in translation.
I think this at a quick glance shows the posters agenda if not his inability to do simple maths.

Scottman77
"Check out the fund raising video where AW has directly asked if there would be another fund raise which he said exactly that. No intentions to raise, and yet WHAM 2 months later the 1bn share fund raise"
Please show me where you heard this. Because it is a lie.