BDM 5.41% 17.5¢ burgundy diamond mines limited

Useful diamond market info, page-27

  1. 993 Posts.
    lightbulb Created with Sketch. 267
    I would suggest the diamond industry, particularly mining/exploration are a very poorly understood commodity with investors.
    Even within the mining community, mining execs coming into the diamond sphere had a poor understanding.
    Off the top of my head there is Lucapa, BDM, Odessa active in Australia, New Fields in Sierra Leonne and a couple of others such as Consolidated Africa Resources/Astro with some exploration licenses but little/no activity.
    There is no current mine in Australia.
    Exploration can be slow and tedious and indicator minerals not diamonds are usually the first signs.
    All this leads to usually poor stock performance as everyone wants it Now!

    The flip side is once you have found a successful deposit it can be extremely valuable!
 
watchlist Created with Sketch. Add BDM (ASX) to my watchlist
(20min delay)
Last
17.5¢
Change
-0.010(5.41%)
Mkt cap ! $248.7M
Open High Low Value Volume
18.5¢ 18.5¢ 17.5¢ $25.99K 145.8K

Buyers (Bids)

No. Vol. Price($)
5 145555 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 255302 1
View Market Depth
Last trade - 11.29am 15/07/2024 (20 minute delay) ?
BDM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.