BDM 5.41% 17.5¢ burgundy diamond mines limited

With all companies comes risk and hopefully reward, no...

  1. 993 Posts.
    lightbulb Created with Sketch. 267
    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.
 
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.