Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
One of the reasons for the recent rise in share price is the rather good report issued after 5th Sept.... The link shows JUNE but it's actually September 2016,,, take a look. Also the Rand to the Dollar conversion has helped keep costs within budget quite nicely,,,, any thoughts..... http://www.firestonediamonds.com/wp-content/uploads/FDI-Presentation-June-2016-Site-visit-Website.pdf i
I think there is leakage,, which is a shame, but it looks that way. !
Initial ore processing will be from the low grade stocks to allow practise and fine tuning of the extraction. IMO this is a sensible move and allows the preservation of the better ore body when the sorting process is competently up-and-running. Therefore don't expect tpp much in the first three months. Nonetheless a lucky find would, i agree, be splendid.!
If the deal were dead, why extend any farther?. Presumably the purchase is going ahead, and the choice of such a short extension would imo support that conclusion.
Probably right,, but i suspect if there's any hope FDI will extend. !
Tango Mining shares are up 58% today ( friday ) AND see below.. approval http://www.proactiveinvestors.co.uk/companies/news/129520/tango-mining-gets-tsx-approval-for-proposed-acquisition-of-botswana-diamond-mine-129520.html
Only thing to work on is : http://www.firestonediamonds.com/operations/mining-operations/liqhobong And based on current $ price on carats and looking at previous projected burn rate, i would say 25million would last to mid May 2017 supposing a start date of late October to Mid Novemeber 2016. http://www.paulzimnisky.com/roughdiamondindex SB states that he expects sales twice a month, late January 2017, starting with low grade ore during early ramp-up ( imo a wise move ) - will be get a sale of BK11 looks increasing doubtful - Too many variables, but i expect we will avoid dilution.
Massive difference between Gemstones Mine and Firestone's These two links show the difference in weather being experienced by two close but distinct areas : http://www.yr.no/place/Lesotho/Mokhotlong/Liqhobong/ http://www.yr.no/place/Lesotho/Other/Letseng-la-Terae~932685/
Just bought two lots of 20k and 30k each at 0.4012 - Not yet showing.
Unfortunately agree,,, i thought you were the eternal optimist. ! Nonetheless, have you seen the interest rate that Vanderxxxx are charging 13%.... Ouch.
BK11 - Hmm, i think they can extend into August given certain circumstances, nonetheless i suspect we will need to be informed of the 'exceptional' reason should that be the case.
Yes indeed, and looking at the recent placement by Tango mining, ( to become debt free ), there is speculation that Tango are positioning themselves to take in their <b><i>new</b><i/> 30 million loan debt to facilitate the purchase and development costs. All speculative, but Tango shareholders seem to join the dots in that direction.
And there's nowt wrong with that !! You / we might get lucky, but either way, two years is the minimum time scale, all other financial matters being equal. Regards Tan
Taken from the penultimate paragraph in the recent report.... " As mentioned, during the initial stages of commissioning and ramp-up, the plant will be treating lower grade ore and not run of mine production. It is expected that with a purpose built plant and mining larger volumes of kimberlite across the main pit, we will get a better understanding of the occurrence and value of large stones over time...." Therefore don't expect too much in the early days.., unfortunately.!
Quite so, It'll take seven to ten months to ramp-up to 'full' production, and whilst commissioning starts this year with a small sale first quarter 2017 ( feb ish ) we will need to watch hold and practise patience for a couple of years. Nonetheless i small sale and the plant starting to roll, will imo kick-us-up the arse and share price will begin a long slow ascent. Regards Tan
Tango Mining shares have rocket, late Friday/Monday on speculation that Tango maybe about to confirm financing for the BK11 purchase etc.... Pure speculation, but something might be happening.
As an aside,,, i've now got 750k in this little beaut,,,, this is the next Lucara, not matching the mega diamonds, but certainly imo, making my wife and i, a decent mark-up.. Will hold for two years,,,, Regards
The following article appeared on greywolf.se a chap who is heavily invested in Lucara Diamonds tsx:luc and a share that i previously was 'massively into'....., as a pi........ He's for 'out' and whilst the comment is biased, i also see no detrimental affect on our share price.. indeed i believe FDI is perhaps a safe haven for a couple of months whilst the pound recovers,,,,, profits in dollars etc.... "............. The EU-zone makes up 8% of the global population and it has 20% of global trade. The real kick to the scrotum is that it generates 50% of the global wellfare costs, yes 50%... Also the unit cost per politician is the highest in the world. Vote OUT and begin the breakup of the most moronic political project since the Austro Hungarian empire.. The EU was in the beginning about free trade today it´s killed competition enforced massive regulation and has managed to stall the economic development of a whole continent all for political self interests.. Also take note that if Britain leaves it does not happen overnight very little takes effect until 2019, plenty of time for everyone to adjust.. Yet once again, Britain do the world a favour and end the EU madness!! ........................."
http://www.***************************/firestone-diamonds-plc-67-2-potential-upside-indicated-finncap-2/412704047