Botswana Diamonds (BOD)

Sector:

Mining

Index:

FTSE AIM All-Share

 0.93p
   
  • Change Today:
      0.000p
  • 52 Week High: 1.55
  • 52 Week Low: 0.83
  • Currency: UK Pounds
  • Shares Issued: 849.41m
  • Volume: 1,363
  • Market Cap: £7.86m

Botswana Diamonds fails to find partner for Ghaghoo before due date

By Josh White

Date: Wednesday 11 May 2022

LONDON (ShareCast) - (Sharecast News) - Botswana Diamonds updated the market on the Ghaghoo Mine on Wednesday, reporting that it had not found a joint venture partner.
The AIM-traded firm said it had undergone "intensive advanced and ongoing" discussions with interested parties, but had not been able to secure a new joint venture partner to acquire the mine before the extended long-stop date of 10 May.

It said the share sale agreement with Gem Diamonds for the sale of its wholly-owned subsidiary, Gem Diamonds Botswana (GDB), had thus now lapsed.

"Gem Diamonds have indicated their willingness to re-engage on substantially the same terms as the agreement if Botswana Diamonds and a partner can finalise an agreement and accordingly, Botswana Diamonds is continuing its discussions with potential joint venture partners," the board said in its statement.

At 0956 BST, shares in Botswana Diamonds were down 1.46% at 1.01p.

Reporting by Josh White at Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

BOD Market Data

Currency UK Pounds
Share Price 0.93p
Change Today 0.000p
% Change 0.00 %
52 Week High 1.55
52 Week Low 0.83
Volume 1,363
Shares Issued 849.41m
Market Cap £7.86m

BOD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.52% above the market average23.52% above the market average23.52% above the market average23.52% above the market average23.52% above the market average
5.17% below the sector average5.17% below the sector average5.17% below the sector average5.17% below the sector average5.17% below the sector average
Price Trend
29.69% above the market average29.69% above the market average29.69% above the market average29.69% above the market average29.69% above the market average
29.17% above the sector average29.17% above the sector average29.17% above the sector average29.17% above the sector average29.17% above the sector average
Income Not Available
Growth Not Available

BOD Dividends

No dividends found

Trades for 27-Jun-2022

Time Volume / Share Price
08:06 1,363 @ 0.88p

BOD Key Personnel

Finance Director James Finn

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