BDM 2.78% 18.5¢ burgundy diamond mines limited

Useful diamond market info, page-30

  1. 992 Posts.
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    With all companies comes risk and hopefully reward, no guarantees!
    Blina has nice diamonds including Fancy Yellow, is it cost effective to mine? I liked Gibb Rivers plan the whole time.
    Ellendale pipes can they get back to production?
    Naujaat has been looked at by others, did they miss the proportions of Fancy colours with small samples?
    Botswana, great area could find nothing.
    Can the downstream into jewellery be successful?

    What BDM have is experienced management and some reasonable backing.
    Targets in the right areas, with some already known to contain diamonds.
    A good strategy and timing when others weren't looking.

    Previously I was doing some work for Merlin and was chatting with a mining exec (now with Lucapa) and we both new Merlin would fail.
    Even though previously partially mined with known high priced goods, govt backing and able to raise capital easily.
    Poor management (being kind and they are litigious) ensured its failure.
 
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Last
18.5¢
Change
0.005(2.78%)
Mkt cap ! $262.9M
Open High Low Value Volume
18.0¢ 18.5¢ 18.0¢ $42.59K 234.6K

Buyers (Bids)

No. Vol. Price($)
1 49178 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 5000 1
View Market Depth
Last trade - 15.45pm 12/07/2024 (20 minute delay) ?
BDM (ASX) Chart
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