Member Info for TigerByTheTail

If anybody in here because of diamonds, then they are in the wrong place.
Very interesting things are happening over at Botswana Diamonds (BOD). Take a look.
I, for one, don't believe that Zimbabwe will ever issue Vast a licence for Marange Diamonds. That ship has sailed long since.

Hi Addicknt!
To tell the truth, I can't be bothered to post on this bulletin board because of clueless fools like Quady and Bozi.
I have a few Solgold shares, but this board is just aggravation I don't need. A pity, because on other shares these boards can be useful.

Rhodium rising again and near its all-time high at $29,400/oz.
Iridium at a new all-time high of $6,300 / oz and ruthenium at a new high of $440/oz. (All JMAT prices)
Palladium also hit a new all-time high yesterday, though it then dropped back a bit, and platinum over $1,200/oz.
We are now almost one month into the new quarter, and so far average prices are substantially higher than in Q1 2021. All good.

Rhodium rising again and near its all-time high at $29,400/oz.
Iridium at a new all-time high of $6,300 / oz and ruthenium at a new high of $440/oz. (All JMAT prices)
Palladium also hit a new all-time high yesterday, though it then dropped back a bit, and platinum over $1,200/oz.
We are now almost one month into the new quarter, and so far average prices are substantially higher than in Q1 2021. All good.

Hi Oilmanmike!
The one thing I don't doubt is that the newly discovered kimberlite is diamondiferous - it would be a big shock if it somehow turned out to different from all the other kimberlite at Marsfontein/Thorny River, including the River Pipe only 200 metres away.
The question for me is volume - tonnage. Is this just dyke material? Or is it an entirely new pipe? Or is the River Pipe merely a branch of a much larger structure here?
I guess we'll have the first indications of which in a few days time.
I'm finding it remarkable that the share price isn't moving. But that's AIM for you. When the market does wake up this will likely do 100% in a day and everybody will say "of course this was too cheap!"

No results. I got that wrong! I guess tomorrow now.

SLP share price has form for behaving very oddly on results days. So, yes, expect anything!

The results - should be tomorrow morning at 7am, an hour before opening.
Should be big numbers.

OK, great, it is kimberlite.
I suppose the follow-up question is, is it from a dyke or is it a new blow or an extension of the River Pipe blow?

From James Campbell's twitter feed just now...
"Ok, from left to right: granite, 3 x dolerite and 2 x kimberlite. Colour changes are a result of weathering due to closeness (or not) of water."

Decent volume today, 460,000 shares traded so far and, as far as I can tell, all buys except for two small sells. Presumably, these will be balanced out by a large block sell (from Fidelity?) later.
So we should be able to know another 0.2% off their remaining holding by the end of today.

Yesterday's RNS has done its job.
The brokers will have forward sold a lot shares into the market ahead of the inevitable Atlas conversion that will come in a day or two. (Yes, a convertible bond conversion is not "a placing", as such, even though it is yet more dilution).
It's ugly. It's cynical. It's dishonest. A lot of naive investors will lose money. But it worked.

Hi Pecten!
I don't think anybody could fairly blame James Campbell, even if the drill results aren't what we all hope for. This is an honest attempt to discover (at minimum expense) a valuable resource that might or might not be there.
I'm all for bringing back the stocks and pillory for AIM lifestyle CEOs who get rich at their shareholders' expense whilst sitting in plush offices in London doing nothing useful. In fact, I'd happily set up a stall selling disappointed shareholders rotten tomatoes and (in some especially deserving cases) pointy rocks.
But that's simply not the case here. At all.

Hi Dasut!
Did you see the news this morning that a documentary film crew (4 people) were murdered in Burkina Faso?
Yes, I'd agree that Burkino Faso is probably off-limits for now.

OK, this is way off-topic. It's also from The Guardian, which may be a red rag to some bulls on here. (And I was amused by the suggestion a few days ago that we old softy lefties have led sheltered lives and know little about the wicked ways of the world - if only you knew!) But I knew Boris quite well back in the 1980s, and I thought this captured his character really well. Read it and weep for Albion!
"The prime minister approaches truth the way a toddler handles broccoli. He understands the idea that it contains some goodness, but it will touch his lips only if a higher authority compels it there. Everyone who has worked with him in journalism and politics describes a pattern of selfishness and unreliability. He craves affection and demands loyalty, but lacks the qualities that would cultivate proper friendship. The public bonhomie hides a private streak of brooding paranoia. Being incapable of faithfulness, he presumes others are just as ready to betray him, which they duly do, provoked by his duplicity.
Johnson is driven by a restless sense of his own entitlement to be at the apex of power and a conviction, supported by evidence gathered on his journey to the top, that rules are a trap to catch weaker men and honour is a plastic trophy that losers award themselves in consolation for unfulfilled ambition."
Any road, I'm proud of my plastic trophy, even if it is only a participation prize.

Hi Kintore!
I'm hoping that you're right - that to drill holes at an angle into the centre of the clearing after drilling vertical holes in the centre of it only makes sense if you are trying to define further an ore body that you had already hit.
If the first vertical holes had missed, surely you would drill more vertical holes looking for an ore body, or even holes splaying outwards, rather than drill into an area you had already explored and found barren?

The board is all buys, despite some trades being marked as sells.
I have the impression (which I can't prove) that Fidelity have dumped the last of their shares on the market-makers at 148p, and this is the final stage of The Great Tharisa Sale.
Any road, unless I'm barking up the wrong tree, they should have less than 1% left now.

I'm hoping that pic is symbolic - the sun rising over the latest drill hole!

Hi BrokeNovice!
You did better than me! Absolute garbage of an app - wouldn't accept passwords, wouldn't recognise my address etc. Total frustration.
I'll take my chances on the open market tomorrow morning. No idea where the offer price will settle - this could go either way.

www.kitco.com/news/2021-04-27/Under-supplied-palladium-races-to-record-gold-awaits-Fed.html