Member Info for oilmanmike

As an aside;
What happened to that new poster yesterday!?
HighlyStrung was it. Wonder if he is in yet.
Strange chap. Nrr

JC stopped of at Kimberly W route.
He is obviously heading for the Central
Kalahari Hame reserve in Botswana
https://botswanadiamonds.co.uk/operations/botswana/
This means approvals for the acquisition of Sekaka Diamonds must have landed. This is a strategically important acquisition and a potential master stroke by JC.
https://botswanadiamonds.co.uk/wp-content/uploads/2020/08/Modern-Mining-August-2020_Botswana-Diamonds-HR.pdf

Yes and new tyres all round including the camper suggest to me it’s rough terrain in the middle of nowhere. Looks like he’s going up to the Sekaka licences in the Botswanian Kalahari to the KX36 pipe. They must have received the necessary approvals to complete the acquisition of Sekaka so we should expect an RNS in coming days.
The companies website has an excellent summary of our activities in Botswana for this who were wondering what going on there.

HG either you haven’t thought this out too well,
You are here to disrupt or you are just one of those
people who has to be too dog. I imagine it is the former and therefore ask that you forget our earlier
misunderstanding, unfilter me and we can all get on with business as usual. That is if you want to progress knowledge together on this highly prospective gem of a company. I suspect there will be a lot. The operations section of the website is very informative particularly when it comes to Botswana where that have several projects at
an advanced stage. JC is one of the best CEO/Explorers I have seen on AIM in a long long time. Typically at this end of the market big amounts
Need to be raised to drill/explore for elephants with plenty of Promise but not much delivery. That’s the
Nature of the game. JC and the position the company are now is is the complete opposite.
No bad feelings HG it’s a new day tomorrow let’s start afresh.

Echo is will be more difficult as things start to hot up! I dare say HG will settle down and prove to be a very useful poster. Just needs to get over himself.
This board is one of the better ones around. HG is a genuine experienced investor with a recent big score under his belt. Punch drunk from a big success.

Well that didn’t take you long HG.
Myself, phoned him on the 28th of
last month when he posted the photo
Of the G10 and G9 KIMs.
As you say very helpful and polite but
also totally professional. He is happy to
talk about what is already out there but when
I pressed him for detail he did not yield.
Don’t think we are missing any detail, in fact
The more pompous of us already know all that
needs to be learnt here for the moment.
HG get on with you L2 studies and give Johno a
Ring and then you may be ready to buy in here.
Pompous my rse. Take a look in the mirror.

Interesting tweet from JC on his Twitter.
North of the SA border is Botswana. A visit
to the kalahari desert perhaps, would defo
need new tyre all round for that sort of field trip!!
Plus you own accommodation.
Perhaps the bulk sampling he was referring
to was on KX36. This is at least twice as big as TR
and even more advanced.

For the third time today.
All the detail re the vutomi deal is
in the RNS of 06/02/17. How hard
can it be. Shame you sold your holding
down. Very costly mistake IMO.
Why do I get the feeling we are playing
a tag wrestling match. LoL

I have checked back through the posts and fail to see why I was accused of being condescending. Probably a case of BITH.

The bickering started today.
I have been here 6 weeks plus.

Agree JLP has been a very good share and it may well double again from here BUT this has a lot more potential over the short, medium and long term.

BTW I wouldn’t dilly dally on building up a position here, but I guess that’s down to you.

The details are in the RNS dated 6/2/2017.
By all means ring JC but he will tell you nothing
more. When exactly did you dip your toe in the water
here? Wasn’t early last week by any chance was it.
Your biggest mouth comment will not go down well here and is completely incorrect. These sort of flair up are normally down to posters similar traits and so I am happy to start again.
Hi my name is Mike.
I am one of the more knowledgable shareholders on this board, although not that LT. Have traded it in the past but am back now for investment purposes.

Don’t be lazy then. Everything you need to know is in the RNS 6th Feb 2017. Didn’t take long to find and read!

As I have no doubt that you will like what you see in the presentation I’ll have another top up before the market catches up here!!!

BOD have the right to buy Vutomi out for a nominal sum (c 0.5m) and go up to 72% which the max inderl SA mining law. I am surprised you guys don’t want to know more about BOD’s other activities which potentially dwarf Thorny River.
All available in the Feb 2021 corporate presentation on their website.

It may well be but my valuation of many multiples of current value and observation that bulk sampling, which is highly likely to yield some good stones, will be starting sooner than the market thinks are two
more reliable reasons!!
Had a small top up myself this am also.

How true Beetroot
The KX35 pipe in Botswana is a biggie at 6.3m carats.
It’s all a bit hush hush until legal matters get sorted which is rumoured to be soon.
This company has some first class prospects not least Thorny River. Anybody can check the history of the Marsfontein mine to get an idea of the very large stones embedded in the kimberlite. The geology is identical and so big stones only add to the values

an absolute steal at this price.
Should be 2p if not 3p for where we are and what we know/can deduce so far.

Assuming Thorny River yields 2m carats at $200 a carat and mining costs are 15% (It’s open pit) then the sterling value of a 72% interest after further dilution of 20% equates to £141m v’s a market cap of only £10m on a good day.
For where we are, 3 years in on the TR discovery the market cap is ridiculous. According to JC bulk sampling will be starting soon.Don’t forget they will have to press on as it is dry season and there is no reason why they cannot go ahead with bulk sampling on the river pipe while they await sorting/ sifting results in 6 weeks or so.
For those who have been here a short while only we were given a good heads up and the day of the results a short trip to the historic Marsfontein mine was posted on Twitter. We have a pretty good idea what we have already and bulk sampling will pull in some decent stones. Geology identical to Marsfontein Mine which had a 3 day payback!
Take the hint and this is an abosolute