Member Info for LordSnooty

what's so interesting? All I'm getting is a Wiki entry about Yemen. Try a better link in original language.

As I pointed out a while ago, FDI are burning cash and are nowhere near break even. However, it's more complex than that: the current plant at Liqhobong is coming to the end of its useful life, is not of sufficient capacity to support FDI and still has, I would say major, issues downstream that require CAPEX. In addition, as I said a few posts ago, how is a company with an MCAP of 11m Pounds going to find the 110m Pounds necessary to fund Plant 2?

As is common in such situations, after delisting an informal buyer/seller matching site was set up, I believe when the stock was about 2p. Basically anyone who hadn't sold in the market had to scramble for pennies.

In a word - shafted.

How anyone can imagine a diamond junior with a market cap now approaching single digit millions will be able to raise £110m to fund CAPEX is beyond me, particularly in the current macroeconomic environment. In my view the most likely endgame is that large institutional holders, perhaps having added to their holdings in the past many months as the share price has drifted south, will take FDI private, as was NAD, leaving PIs to scramble to sell for peanuts in a gimcrack matching system. That's often the way on AIM.

impatient investor bit the dust on Tuesday. Fortunately the troops on this board, led by the intrepid Snooty, know not what defeat constitutes! Onward Xenophiles, to the bright sunlit uplands of vast prof.......etc etc.

23rd April is the date of the annual Serf of the Year contest at Schloss Snooty, and one is, as well as generously donating ALL the prizes, traditionally the charismatic leader who distributes the largesse. One regrets therefore one will be unable to attend your, ahem, event. First prize this year is a half sack of pig manure, ideal for vegetables.

word on the street is that Jimmy has set up a Boiler Room to trade XEN shares.

I advise you to have nothing to do with this Leeson blackguard - encourage him and he will be asking close questions about your investments in no time flat. Remember, a camel does not change its spots, a bushel is worth two birds and there's no fire without two sticks to rub together..

Xenetic Biosciences (LON:XEN) is one of those companies that falls into the niche or “orphan” drug development category alluded to above; an “orphan” drug is one that is given a faster route to market by the regulatory authorities because it addresses an unmet market need. “Clinical development is progressing or due to commence this year in four programmes, the main ones being ErepoXen and OncoHist. Development costs are kept relatively low due to the majority of trials being partnership funded. This allows the group to channel its cash into further development of its products and target the larger Western markets,” N+1 Singer said.

offers opportunities for the smaller players: http://www.proactiveinvestors.co.uk/companies/news/55914/big-pharmas-patent-cliff-offers-opportunities-for-the-smaller-players-55914.html

disgraceful display of golfism from the Singapore Suspect.

As we know, miners, particularly problematic kimberlite explorers, think nothing of spending years in clover at punter's expense. It's a lesson sometimes hard to learn, in the dazzle of enticing fortune.

no problem, it was said in jest. The more serious point is that successive iterations of Liqhobong - under EPD, under KDD and now under FDI, have been effective destroyers of shareholder value.

without wishing to be pedantic, I repeat, KDD was born out of EPD.in 2007, when Roy Spencer left and Tim Reid took over as CEO and the name changed. I don't dispute that EPD hit heights in 2002, as did FDI somewhat later, both on a very limited issue of shares compared to later. That's par for the course.. Enough of this nonsense.

KDD did not exist in 2002, that was EPD.

"The journey from prospecting to production can take six to 10 years, according to a diamond industry report from Bain & Company. For a greenfields exploration project, the probability of finding a commercially viable diamond deposit is about 1 to 3 percent, the report also states." http://diamondinvestingnews.com/5731-understanding-diamond-juniors-exploration-lucara-rockwell-peregrine.html Liqhobong is of course brownfield, but the chances of survival as of now look slim. Still, at this price, it may be worth hanging on.

yes, it was the old, old days of Roy Spencer and European Diamonds when the share price (briefly) hit 27p-ish, in about 2006. The graph tells a sorry tale since then. For some sobering facts, look at the old Kopane website, still up and running, and weep how little has changed - the directors still earn comfortable salaries, Liqhobong still has "challenges" - oh, but of course the punters have lost 90% of their investment. Such is life.

Now poppydog, don't tell porkies! You might have bought EPD at 27p way back when, but I don't believe KDD every hit the giddy heights you describe, even with added Scolaro.

http://www.awdc.be/en/ad-tender-first-element Odd that there was no notice of number of carats available, fancies etc.