"Since issuing 25 million shares at 25 cents in October float, Bonaparte Diamonds (BON.AU) has held solidly in range 31 to 65 cents, currently untraded at 50 cents. Moving to exploration of Cambridge Gulf/Bonaparte Gulf alluvial diamond deposits with deployment of vessel from Fremantle for continuous seabed exploration
across 390 predetermined sites using its Bonaparte Seabed Sampler, effectively a large vacuum to return seabed samples to vessel for X-ray analysis. Exploration to run until end of August and cost around A$1.5 million of BON's A$3.5 million cash reserves".
BON
bonaparte diamond mines nl
bonaparte to start scouring gulf
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