DOES ANY ONE KNOW THE REASON FOR THE FALL IN THE PRICE OF AFD?IS IT EXPECTED TO RISE AGAIN?WHAT'S THE NEWS I CAN'T FIND ANY REASON.

Hightne,

I honestly don't think the BE listing will lift the price much, and acording to an interview with JT today, he was quoted as saying he didn't either!

Botswanan institutions can buy here now, why would they wait to pay more next month?

I agree that the BSE listing will probably make only a small difference to the share price! It should raise the company profile somewhat & that may help the price.

The news stream should be more interesting & hopefully rewarding, during March!

Here are a couple of statements taken from company statements:-

1) Orapa AK9 -end of March
The recovery of the 0.46-carat diamond from the 1 cubic metre sample comprising
the 20 - 40 metre depth interval, equates to a grade of 19 cpht., which if
maintained would be commercial. Processing is continuing and the final results
of this exercise are likely to be available by the end of March.

http://moneyam.uk-wire.com/cgi-bin/articles/200402040730049592U.html

2) Koidu, Sierra Leone - March
The 240 ton a day pilot mining plant on Pipe 3 in Koidu, Sierra Leone will
be operational in March. Initially we will process 10,000 tons to establish
the grades.

Later in the year

3) At Kolo, in Lesotho
production will commence on our 55% owned joint
venture, in the 2nd quarter of this year. Initially a total of 30,000 tons
will be mined, from which we expect to recover 5,000 carats including some
large stones. This too is expected to continue into full commercial
production.

http://moneyam.uk-wire.com/cgi-bin/articles/200401231231025745U.html

And on a more general level

We are at an advanced stage in negotiating an exploration joint
venture on certain of our properties. I hope to make an announcement shortly.
(I think we've had this one - Red)

We are also at an early stage in discussing possible joint activities
with a diamond-mining partner.
(Or was it this one - Red)

The funds we received last year will last until June. We have been
offered funding for our on going work but we are reluctant to issue shares at
present prices given the expected flow of good news.
(Hmm! Could cause a hicough or two! - Red)

There might be a bumpy ride, but news flow should start to improve over the next few weeks. BUT as always dates tend to slip & very rarely move forward!

Fly by night

Red

time will tell 3rd of March the run has now started

HT.

whats happening on the 3rd of march,any news.

whats happening on the 3rd of march,any news.

deal being done over buy out

What happening. Big jump today. They have been around 30p for several weeks far too low with the potential. If they continue to move up tomorrow, the company will have to make an announcement?

Just shorters finishing with their wicked ways.

Difficult to know now whether it will slowly drop back to 30p or push on.