BDM 2.86% 18.0¢ burgundy diamond mines limited

Ann: Investor Presentation, page-9

  1. 11,316 Posts.
    lightbulb Created with Sketch. 749
    Uhmm, dont think so, the ultra rich never do it tough. And thats who we are targeting.
    Once again, the ultra rich wont be affected in any large way and usually come out ahead given whats happening.
    How do you know this? We raised $49.7m 1 year ago and have made many non-recurring purchases etc and are now heading into cash generation as well as having $9.4m cash at hand.

    I'd have thought they dont have to mention sales of every piece of jewellery etc. They will at least have to announce revenues as part of normal accounting declarations. They did mention some sales in the announcement of 14 Sept. as well as the upcoming invitation only sales commencing this month. I should imagine these would be very private affairs and BDM report as per quarterly etc. as usual.

    Seems some folks are panicking a bit about nothing much in my opinion.
    Last edited by canonman: 17/10/22
 
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