It would be great to see De Beers purchasing from Burgundy or maybe even purchasing Burgundy itself in the future as they keep losing their market share of rough diamonds especially in Botswana.
With respect to Choron Group, it would be great if they became some sort of “partner” since they are a major shareholder and can help to bring value to Burgundy by sharing their expertise and relationships throughout the pipeline. It is common knowledge that high value stones have lots of value to unlock and I assume Choron Group can step in to help with this.
There was a recent FT article on Friday that disclosed Tiffany purchased the last high value stone from ACDC weighing 71.25 carats. I believe ACDC sold the stone to the midstream at just under $8 million and Tiffany purchased it for over $12 million. This is the value that needs to be captured by Burgundy.
- Forums
- ASX - By Stock
- Ann: Reinstatement to Quotation
It would be great to see De Beers purchasing from Burgundy or...
-
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BDM (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $234.5M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.5¢ | $33.55K | 197.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 800773 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 22631 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 800773 | 0.165 |
7 | 352272 | 0.160 |
3 | 66774 | 0.155 |
7 | 1080992 | 0.150 |
1 | 159100 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 22631 | 1 |
0.175 | 115563 | 2 |
0.180 | 161558 | 3 |
0.190 | 254125 | 4 |
0.195 | 25186 | 2 |
Last trade - 12.43pm 28/06/2024 (20 minute delay) ? |
Featured News
BDM (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online