Member Info for oilmanmike

Particularly as Teeling is a passive whisky sippin investor/director as are the other two, not sure about their Whisky drinking but like any good Irishman they will be fond of a drop I would like imagine.

Nm

My thoughts are that the directors and two close associates account for 27% of shares. JC on performance related options for his reward.
Plenty of skin in the game in fact way more than ave
AIM Resource Company. I believe we covered this last weekend as well as someone asked the same question or raised the same doubt depending on which way you are coming from!
There are in excess of 2m carats of diamonds at Thorny River and when the market catches on I expect 2p without any more news.

According to @JAHC1 latest video
= diamonds recovery.

Interestingly the KX36 pipe held via Sekeka Diamonds is excluded from the JV.
17.9m tonnes of kimberlite ore with 35cpht makes this significantly larger than TH with over 6m cts
JC has decided to flag this up today. BOD are certainly not a one trick pony.

Rich the full range can be seen in their website TeelingWhiskey or something like that. Then search online for a seller.

I checked that out a few weeks ago and volume was non existent!!

Beetroot I would say a mark down to 1.05p on very limited selling, after the day we had yesterday, is a tree shake. But anyhow agree it’s a buying opportunity. Let’s see how today pans out.

MM must think we are stupid and that the diamonds have vanished overnight. LoL.
They will have to try a lot harder than that.

GD that shows how long you have been with this company. 30 year old is £1400 37 year old more like the £10000 but has dropped a little. The 24 year old is now the 30 years old. You must have been here at least 7 years!!! Correct

First will Johno be opening a bottle of 18yr old tonight or what. If he does will he put on ‘diamonds are forever “ Dame Shirley Bassey. It sums up the mood perfectly.
Last thing if TR is 2.4m cts uow much bigger will M be! Would rather know now in order to plan my strategy.

We find ourselves at a key point.
Lunch finished, US markets opening firmer.
At a high for the day with 15.2m volume.
If this advances to 1.4p this afternoon as I think
it might a close at or above that level puts 1.6p
on the cards. Any other techs care to commenting

There can be little doubt that this is
commercial. Nearby mine on standby with
processing means all they need is water hence
the dam and Mar photos.

The river pipe was up to 2.0m tonnes of kimberlite ore at a grading of 60 carats per hundred tonnes.
The rough diamonds are of gem quality and are priced at $220 per carat. ( I fancy a couple on 3ct rough stones, perhaps the company should do some mail order to shareholders!!!).
Anyway 2m/100 X 60 X 220/1.388 X 0.72 should be the value of the mined diamonds from the river pipe.
This comes to £137m less 30% mining costs gives £96m. But we have just doubled the resource and this comes in at 24.5p a share, however economies of scale would boost this by 5% to 25.7p. Leaving a profit in it for the buyer would release around 15.4p a share of cash flow which would pave the way for a 10p a share special distribution to shareholders.
Thoughts?

Being paid again.

A must watch from SB.
Approved by JT!
https://m.youtube.com/watch?v=QFSAWiTJsjc

JAHC standing in front of the old Marsfontein mine with a big grin. He looks as pleased as punch!!
With a caption “ A quick trip to the old Marsfontein diamond mine.
Big heads up here IMO

Last chance to buy under 1.25p imho.
5yr chart looks v strong. A little resistance
at 1.25 then blue sky till 2.1p

Beetroot very limited sells so far this am.
This was so far off the radar that what seems like
a good move is in fact just some catch up to where we should have been.

Pausing for a breather after an hour of straight buys.