Member Info for MrJinx

I've done this before but I think I got my pub table scribbling wrong.
So, 80 tonnes an hour processing is what we were achieving quite comfortably from previous RNS' with both come crushers working, 4cpht's also appears to be a sustainable given the improved production update in April. The price per carat fluctuates somewhat but doesn't appear to drop below $325 per carat. Taking into account time losses of 6 weeks over a year, it gives us a 46 wk, 7day (24 hr day) working year.
Therefore; 80 x 24 x 7 x 46 / 100, x 4 x 325, = $8,037,820 p/a
If that's not too far off, how do they get to a calculation of $280m recoverable? Even on 20 years, inflation not withstanding, that's still 'only' $160m. Can someone give me a little push as my head is hurting :)

Lol...your investing advice comes from Malcy???

When that third party validation comes in the form of a farm out to a major or super major, then I'll get excited. Seems we keep going through the same cycles.

Netherlands and Sewell...those trusty third party auditors! They've been amazing with their validations before, ain't they? :)

Its certainly not worked out like I thought it would... :) You gotta smile or you'd cry!

Given the timing of the previous cash calls, then if one is needed, I guesstimate it'll be this week or next. But then we're just as likely to also be given a positive update.

I am concerned though at what appears to be a large sell off, over the last week or two. Nobody is making money selling at these levels so that gives me the jitters, somewhat.

If everything at BRD is above board and what we've been told is the truth, (...and I have no reasons to doubt them!) then I can't see how this can go tits-up. If KV1 has produced a 16 carat diamond then it stands to simple geology 101, that it hasn't been produced in isolation. We haven't been notified of any downtime this past month, Connie said the workforce appeared happy to be there, so no worker unrest, and previous RNS' have stated several times that cpht has/is exceeding modelled expectations.

Hello? Anybody there?? Am I the only one left? :)

Someone's dumping!!!

...just had another little top up. It'll not break the bank but could give me a bigger return. The risk factor here, unless an asteroid hits the mine, is far outweighed by the potential gains...imho!

Couple of fag packet calculations based on 3.41cpht @ $371 per carat.
25Kt = $316,278
30Kt = $379,533
40Kt = $506,544

Target monthly production of 40Kt with an increase to 4.51cpht (KV1) @ $371 per carat;
$669,204 / $7,362,124 (48wk year)

The investment case here, in my opinion, is beyond question. I've said it before but if the BoD's can keep tight capital discipline and avoid another 'snouts in the trough' fund raise, then we're laughing.

There have been a few occasions over the last couple of weeks where I've seen posts about BRD on other exploration company forums, regarding profitability. There is no doubt this is being watched and by many private investors. I'm with you when you say , 'when it goes, it'll go'. A fiscally positive production forecast will see this BOOMING. I don't think a penny in short shrift is out of the question. Whether it catches the imagination of the pumping crews is another matter but if it does, well, it's hold onto your hats time!
Just to be level headed though, the forecast might only give us a first year break even, in which case, we'll have to keep the Champers on ice! :)

Ha, another post removed Growl. Do you think he's a one man censorship for Chariot?

Only £4m. I've got this at £6m to nearer £8m with a fair wind. After actual first year results with a secure profitable company, then £12-15m. With further key acquisitions then who knows. The key element here is breaching profitability without further fund raising. If BRD achieve that then we benefit from maximum gains in mCap. Yippee!!! ;)

someone really is protecting their position by reporting posts. Readers beware...!

They're keen to take this down, aren't they!

...they've not kidnapped you then, to maintain corporate secrecy?

...should we expect a forward projection production estimate, based on actual throughput? End of Q2 or before? I'd actually like an RNS declaring another large stone. Otherwise, it makes the finding of a 16 carat diamond in the initial top layers, somewhat questionable.

Truth be told, the nearer this gets to 7p, the more likely I am to lose this morose defeatist attitude. Getting ones money back is certainly a welcome therapy. :)