BDM 6.90% 15.5¢ burgundy diamond mines limited

Ann: Investor Presentation, page-24

  1. 1,544 Posts.
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    Where was it well stated that Botswana was long term project?
    It doesn't seem like that's the case in this announcement nor the previous announcements re Botswana.
    Management were very positive about the deal initially.
    $1.5 million USD was pumped in to finance the initial exploration.
    Two holes for no results were drilled and supposedly more were being evaluated.
    I have no problem if they aren't proceeding with Botswana, but investors should be advised either way IMO

    https://cdn-api.markitdigital.com/apiman-gateway/CommSec/commsec-node-api/1.0/event/document/1410-02348461-56HCS09M1DO0TH6MKUNQT2TV43/pdf?access_token=0007ZjANe2gJVCULmjNLFGxqKcCJ
 
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