Member Info for MrJinx

'Excellent record of farm-outs'? Errm, no they don't!

...and a fair few band wagon jumpers, this could smash 2p. I've seen it so many times before on AIM where shares get taken by a wave of nothing more than optimism. Difference being here is that BRD are in production and on the verge of profitability. £1.5m mkt cap is an absolute joke.... :)

...meanwhile, back at the ranch, Larry and Co still collect their big fat salaries.

...the update is appalling, it would raise questions in my mind about how they found a 16 carat diamond.

Wouldn't surprise me. If I've learned one thing about AIM companies, it's that silence is deadly. True enough, when they wanted funds, they were shouting from the roof tops. It could be they've got their figures all wrong and break even is at 8cpht....I'm not saying that's the case but no updates allow a void of information, to be filled by speculation. On the flip side, the partakers of the last raise can't sell til .40p so there must have been assurances given and due diligence completed of these assurances.

...and no fund raise. It's quite striking really how much people have reined in their expectations in the last six months. I'm sure many thought 4-6p was achievable. Now, it seems most people would be happy with 1p.

...okay but that won't be reported until mid/end Q4. What we need is a really positive forward looking statement this month, based on production since Nov/Dec.

I think the biggest issue here is the very real risk of the BoD's pulling a fund raise at every increase in the SP. if they could build a bit of trust with the markets then I believe we would have been up to near a penny by now.

...if things couldn't get any worse, the low sp drops even lower. :(

Oh, okay! My buy was a blue so assumed the reds were sells. I know you can't always tell but I suspected the worst.

...is bailing out. I hope to God that it's not a sign that they've been given the heads up of a new devastating fund raise.

...given that The Share Prophets believe we've been victims of a company driven 'pump and raise', it's curious that we haven't yet had a valuation for the 16ct diamond that was found. Is this another tactic to only release the positive news when they want more cash or is a valuation imminent? The last cash call has really dented my confidence in this board of directors so it'd be great to have some share price boosting news without the accompanying dread of yet more destructive dilution.

I believe this bod's are that shoddy and shady, I can see at least two more raises before your 9 months is up? I just don't get it at all. Surely if production is achieving break-even, then why fund raise. Profitability will follow sustainability. Now, because of the managements greed and incompetence, everything that comes out of the ground is now worth a third less than it was last week. So, potentially £70m worth of diamonds has been pawned for £550k.if that's not criminal, then it bloody well should be.

Could have had a loan with a conversion warrant in the event of non repayment. This is purely an equity grab and with this and the last placement, 75% of the company has been commandeered for £1.2m in two months. I hope this is the last shameful episode from this bod.

...that's one way to grab a third of the company for peanuts! Either very shady or incompetent management. Incredibly disappointing turn of events.

We are still chomping at the top layers in KV1 & 2? No-one has had a cheek dig to 100 feet and grabbed a handful??? :D. This RNS is truly remarkable. These three stones at such a shallow depth must knock all the previous feasibility studies and resource modelling theory's in the back of next week. How on earth is this project going to produce only 4.5-6 cpht's at depth? The potential here for accretive value is astonishing!

Lord and sweet Mary, look at the size of it..!!! That'll soon be on an Arabian Princess's finger...

...showing a near 8% rise. LSE & ii showing zero change :/

I make that an in ground value of circa £135-£140m. Over a ten year mine lifespan (£14m yearly average) and we're sat at £1.5m mCap? Q2 update is going to be very interesting indeed.

I was going to jump in at 1p because I thought it was a bargain even at that price. Obviously that was prior to the last fund raiser. The only reason I didn't was because I was uhmming and ahhh'ing about selling my stake in a previous dog of a share that I had. That delay appears to have been a god send as I got in at .28p. Now I never get my timing right but it appears on this occasion I may have stumbled upon perfection completely by chance, we'll see. It's looking promising both in the short and long term here, just hope the directors are the 'stand-up' guys that they appear to be.