Member Info for JulianM

Gilyard. That is not how I remember it.I recall that after the show of hands it was announced that because the result
was close,there would then be a full count of all votes submitted by post and otherwise and this would determine the outcome.The result was announced later-Crede out so a victory for all of us.
David.I guess we have to rely on their honesty .Last time they did not give the exact voting figures,only the result.However if there was reasonable cause to suspect dishonesty,I assume that legal action would be the remedy

My take on this is that there is little chance of us being rescued by a white knight which means that it is Sviblov or back in the wilderness. So the main reason to vote no,which I will be doing,is in the hope of extracting a better deal out of Sviblov who I would have thought is unlikely to simply walk away if the current deal is voted down.
I think it would be best if as many as possible of those who intend to vote no,attend the meeting so as to make sure that the BOD do not try to get the resolutions passed by a poll of those present,which nearly happened at the infamous Crede EGM, which I attended

Hope so Beetroot

Beetroot.Very much at the wire now and let's hope that a good deal is announced which once again includes a free initial carry

Going down to wire and given the level of due diligence (as indicated by JC) required by the funders who JC said that he is in discussion with, I wonder whether the next RNS will advise us that a further extension has had to be agreed.

Many thanks from me as well. You confirm my own assessment of "our leaders" and fingers crossed that they deliver what we are all hoping for

Anyone know who he is?
I see that the reporting threshold was crossed on the 14th when a little over 2 m shares were traded.More than the average for most days but not a significant number. I suppose he must either have "limped over the line" by way of open market transactions or acquired shares by way of a private transaction

The fact that JC is back doing field work suggests that the Ghaghoo negotiations are finished and an announcement could be imminent

I emailed my query to BOD and am very impressed that JC himself took the trouble to reply as follows:
"Based on post covid diamond prices and excluding any possible Alrosa related sanctions I think your assumption of 200
or more dollars per carat as an average price for Ghaghoo run of production is fair

Question.Had a look at the GEM RNS of 16.2.2017 when it was announced that the mine would be put on care and maintenance.Reason given was fall in the price of carats for the diamonds that the mine would produce from $210 per carat in 2015 to $142 in Feb 2017 and the weak state of the diamond market at that time. Anyone know what the current value of carats is likely to be?BOD RNS of August last year only mentions the value as at 2014 of $242

Fingers crossed that when the deal is announced the new partner will be a direct replacement for Vast in Okwa and that all the principal financial terms as set out in the RNS of the 23.8.21 are unchanged , so that, in particular,the free carry of BOD continues.A requirement for BOD to have to make any initial contribution and to have to raise funds to do so would of course be most disappointing.So the partner needs to be a company that values the expertise of BOD to the extent that agreeing the free carry is considered to be well justified.

Thanks TDT

Updated.Any thoughts on it TDT please or have you already commented and I missed it ?

Lobby the Governments ! That won't get us very far

My only relatively recent experience of holding shares in a company which was taken over was MARL where the price drifted away to low levels before a deal was announced at a higher but by no means exciting level.Could the same be happening here?

Geng .Would it not be more accurate to say that the charts forecast the drop but not that it would happen in a single day,

Ok Geng but volume is actually quite high today.Do you look at the RSI? If you do is it indicating oversold?

The sp is below 2.5p now Geng.Is that significant in your opinion?

TDT..As ever,you could well be right

We don't know when the negotiations commenced but we do know that they were underway at the time of the RNS confirming the existence of discussions and some 2.5 weeks have gone by since then. My feeling is that this could well be sufficient time for the parties to have decided that there is simply no prospect of an agreement,which if correct means that currently the deal is still very much alive and perhaps we are at the stage where the precise terms are being thrashed out. So on this basis I will continue to hold and buy more on dips as per yesterday