NAD 0.00% 16.5¢ north australian diamonds ltd

good run post drilling results, page-6

  1. 363 Posts.
    re: watch Wet season is ages away, the build up has not even started Would not expect any good rains til November at the ealiest and full impact until January, last year was an exceptionally long wet did not finish till late march, good for the population but bad for business, they will be planning for that and stockpiling ore from the pits to cover the season.

    Do not expect much money from the court case the other company was in recievership and are broke

    Best stuff of late was the new Kimberlite find that had a grade of 57 cphw nearly as good as the other one that has 81 cphw

    still think they have some of the best land in Arnham land too, but dealing with the locals will take time, there own tenements give them the right to all minerals and it is close to Corronation Hill jABARI and another big deposit in Arnham land

    all in all a good rise on larger volume this week, be interesting to see if it can get past the mountain of sellers at .o48 to .050, if it clears that well top of .08 for a while

    especially if the forcast of 40000 carots is achieved this year revenue of 7 mill for a market cap of 35 mill

    tell you when it rains!

    Barramun
 
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