The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The diamonds keep on rolling in.
https://twitter.com/botswanadiamond/status/1648720678764290051?s=61&t=3ffl-t2YD_9SWST98Qyffw
chatty
The grades from the Dumps were tested at around 25ctht from a small sample of fewer than 100 tons
Similarly, the gravels tested at 50ctht from a similar bulk sample.
Not representative on such a small sample but all the kimberlite in the area seems to be similar to Marsfontain 1.
Excellent news and many thanks Julian for your information.
What knowledge obtained from this initial mining will aid in the next stage as they move to Thorny river which is a much larger deposit and as such has more chance of yielding those company maker stones.
I agree - JC has always seen TR as the main target. It is finally ready to happen with an even larger footprint than he first envisaged. I understand the market only reacts to numbers. Not long to wait now.
AQSE market also had trades. Only chancers do not know this. I think we have our first for the bin.
However, it is always good to see these loser posts as it usually means we are ready to see a rise.
Excellent report as usual.
Like the Diamond picture. Clean quality 1 ct diamond with many more to come on what seems to be a practice mine for when the real excitement starts at Thorny River.
Fully funded with no costs to BOD this is no throwaway comment. Many companies in the sector go bust from the CAPEX costs alone. James continues to do what he does best in finding the diamonds.
Pleased we were not all that far out with the throughput guess. 500 tons per day is good.
onwards and upwards.
Within the next ten trading days I am confident we will get the news that we are a diamond miner producing diamonds at a rate of around 50 ctht from the initial gravels at Marsfontain. Do not expect a 50 ct stone but this is the start of our new journey.
This is an exciting time and feel free to gloat on here when multiples of 1 p are achieved in our SP.
LTH well done in anticipation.