Member Info for jscapper

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.

The diamonds have long since gone. VAST is in the deep Doo Doo again

The diamonds have gone sold by a corrupt government long ago. VAST next stop is Birmingham.

I cannot see much selling. Just the few who hoped for a quick buck or have not bothered to research.

I only they could really understand what a massive few weeks we have ahead. Just to put it in perspective we all know the Thorny River water licence and mining permit is just around the corner. Why would anyone sell at this moment? As I say 500K's worth of shares here and there does not constitute a sell-off. MMs know what is coming and praying on the weak.

Dunk_Biscuit do not assume that Ghaghoo will continue to be underground. JC has intimated at a new way of working the mine.

When do you think the government sold the diamonds?

Good place for you to start your research

https://www.lse.co.uk/rns/BOD/unaudited-interim-statement-and-financial-results-zlbvaz4gt5plmru.html

We have been mining now for around 4 1/2 months. They seem to have expanded the initial operation so what can we expect?

My lowball figure would be $ 1.25 million based on 500 tons per day with a 30ctht and $100ct. I am presuming 20 days per month and 4 months. This would be $180K to BOD @ 15%.

The high ball would be $2.5 Million based on the same tonnage processed but 40ctht and $150 ct.

BOD's cut would be $360K or about what we need to pay wages for a year. So negating any need for placing.

Why news blackout? Maybe you have answered your own question. James has been away from the field for a week. Why? He has been completing paperwork ready for an announcement. Not just Marsfontain figures. Not just granting of TR permit but also 1 other piece of news. Now we can all speculate on what that is but to be sure taking this time and the fact that DH is also working on it means it is not just a change in the time they feed the company cat.

The amount of time this deal/news is taking shouts out much more than the publishing of mining results from Marsfontain. This will be interesting of course but I believe that the management has been working on a deal that brings Ghaghoo and KX36 into near-time production. Thorny River permit is also due but I still believe a much more significant piece of news will be coming our way.

Aways difficult times when you know something is afoot but can only speculate on what. From my view I see Botswana projects coming to the fore with the probability of JV with large partner being on the cards to open up Ghaghoo and KX36.

TR permit would be nice as this would mean we also have a money maker to fund exploration and other noted projects.

Https://www.miningweekly.com/article/diamond-junior-navigates-obstacles-broadens-horizons-2023-05-30

Diamonds gone missing?

“Further to the announcement of 31 March 2023, the Company has received a further communication from Government representatives, via our legal advisors, that indicates that the matter is expected to be finalised during the course of this month or in any event not later than the first half of May 2023.”

100k shares left at 1.15. Then NT.

Can sell 2 Million in one go.

I think, as BOD long-term holders, we were made up when VAST pulled out of the Ghaghoo project. Along with KX36, these proven large diamond resources could be the company makers for BOD.

The fact that we have not had any news, in itself, speaks volumes.

I am with all of those but still think a left-field bit of news may excite us in the coming weeks.

Everything is pointing in the right direction. JC has been very candid but the trait of a good leader.