European Diamonds - Noch absolut unentdeckter Diamantenexplorer! - 500 Beiträge pro Seite

[KoelnerAktienfreund]

Aktuelle Empfehlung von Hot Stocks Europe!Market Cap von nur 20 Mio USD bei Produktion von 1 Mio Karat in den kommenden Jahren im Vergleich zu anderen Diamantenexplorern lächerlich.

Der Kurs ist auch noch gar nicht gelaufen bis jetzt.
Wenn hier noch div. andere Börsenbriefe auf den Wert aufmerksam werden,können hier einige 100% drin sein denke ich!

[ichwillsjetztwissen]

Zudem hat BI den Wert nicht nur in das Musterdepot aufgenommen, sondern auch mit "echter" Kohle gekauft für das Verlagsdepot

[stoner3]

[posting]19.739.295 von ichwillsjetztwissen am 16.01.06 18:44:03[/posting]wo gibt es die Infos über das Verlagsdepot??? Ich kenne immer nur das Musterdepot.

Grüße

stoner

[wathastdugesacht]

#1

zu den Aussagen:

absolut unentdeckt --> gestern 1 Mio. gehandelte Stücke, Hauptbörse ist London, erst seit 6 Monaten in Berlin handelbar.

noch nicht gelaufen --> Kurs vor ca. 2 Wochen 0,22, heute 0,39. Fast 80% plus.

#3

Auf der Homepage von Börse-Inside werden die Eigenpositionen veröffentlicht. Unter Offenlegung.
www. boerse-inside.de
Kann leider keinen Link einstellen.

Gruß

[adamus74]

[posting]19.749.171 von wathastdugesacht am 17.01.06 12:27:51[/posting]Die hohen Umsätze (sowohl D als auch GB) kamen doch wohl ausschließlich wegen der Empfehlung von BI. Schau Dir doch mal den Kursverlauf in GB an,dort war der Wert nie unter 19p (heute 24p). Schau auch mal, von wo der Wert kommt.....

[affy]

European Diamonds pot. Kursrakete

17.01.2006
Hot Stocks Europe

Die erste siedend heiße Chance, im neuen Jahr das Geld zu vervielfachen, bietet sich aktuell bei der Aktie von European Diamonds (ISIN GB0002998978 / WKN 675546), so die Experten von "Hot Stocks Europe".

Nach Ansicht der Experten befinde sich das kleine Diamanten-Explorerunternehmen auf dem besten Weg, zu einem der bedeutendsten Diamantenproduzenten aufzusteigen. Bereits Ende 2005 seien die ersten Diamanten verkauft worden und in diesem Jahr solle die Produktion deutlich hochgefahren und dadurch Umsatz und Gewinn massiv gesteigert werden.

CEO von European Diamonds sei Roy George Stamford Spencer, der über 35 Jahre Erfahrung als Geologe im Minensektor verfüge. Aktuell arbeite European Diamonds an drei sehr interessanten Projekten in Finnland und Lesotho. In Satellite Pipe (Lesotho) sei die Produktion bereits Ende 2005 aufgenommen worden. Ziel des Unternehmens sei es dort, in den nächsten fünf Jahren rund 290.000 Karat pro Jahr zu gewinnen. Im nur 200 km entfernten Main Pipe sollten über 700.000 Karat jährlich gewonnen werden. Im Area 3-Projekt in Finnland hätten erste Gesteinsproben auf hohe Diamantenvorkommen hingedeutet. Ergebnisse zu weiteren Tests und Analysen würden im weiteren Jahresverlauf erwartet.

Die Experten würden den Titel mit einer Marktkapitalisierung von rund 20 Mio. USD für deutlich unterbewertet halten. Vergleichsunternehmen seien deutlich höher bewertet. Könnte European Diamonds die Diamantenproduktion durch die Lesotho-Projekte in den nächsten Jahren auf rund 1 Millionen Karat pro Jahr erhöhen, halte man eine Börsenbewertung von über 500 Mio. USD für angemessen. Researchhäuser wie Momentum Investor und Numis Securities sprächen erste vorsichtige Kursziele von bis zu 76 GBp aus.

Anleger sollen sich die European Diamonds-Aktie über den Berliner Handel sofort in das Depot holen, raten die Experten von "Hot Stocks Europe".

[Pflips]

Hört sich ja alles sehr gut an. Habe mir mal heute morgen ein paar ins Depot gelegt.
Rohstoffaktien finden doch zur Zeit viel Beachtung bei WO.
Erstaunlich daß es hier so ruhig ist.

[stoner3]

Bin auch dabei mit einer kleinen Position.
Habe in einem britischen Forum einen sehr interessanten Bericht eines users zum Annual General Meeting am 6.12.05 gelesen. Kann ihn leider nicht reinstellen, weil man die integrierten powerpoint Folien nicht hier reinkopieren kann. Und ohne die Charts nutzen die Aussagen leider auch nicht viel.... Wen´s interessiert: Unter http://www.advfn.com
Man muss sich (kostenlos) registrieren lassen, um Zugang in den Forumsbereich zu bekommen. Das Kürzel ist "EPD" und der thread heißt "EPD, could this go to 40p per share?" (Nicht zu verwechseln mit dem thread "40 Pfund")

Grüße

stoner

[Pflips]

Scheint ja tatsächlich so zu sein,daß wir "bei dieser spannenden Story" von Anfang an dabei sind.
Aktueller Kurs nicht weit weg vom Tiefstkurs,kaum Umsätze und ein Thread in dem es ganz still ist,wenn man mal rein schaut."Noch völlig unentdeckt",wie die Börsenbriefe immer so gerne schreiben.
Na dann warten wir mal auf die Meldung vom Verkauf ihrer besten Stücke,noch in diesem Monat.

[Pflips]

Für alle die jetzt denken, der spinnt ja, ich meine natürlich die Kurse an der Heimatbörse in London.

[Pflips]

An der Heimatbörse in London ein Minus. In Berlin geht dann der Kurs nach Börsenschluß in London weiter hoch und liegt weit über dem der Heimatbörse. Und das ohne Meldung. Habe ich auch selten gesehen.
Weiß da jemand mehr?

[hotpenny]

da kommt wohl eine empfehlung in einem Börsenbrief.

Bei BI ist die aktie ja schon im depot. gestern nochmal eine fette empfehlung. kann sein, dass andere Börsenbriefe mit aufspringen.

Story ist sehr interessant und kann einige prozente bringen.

[Pflips]

Habe heute auch diese kostenlose Mail von BI im Postfach.
Darin die Empfehlungen ihrer Börsenbriefe. Unter anderen eben auch EUROPEAN DIAMONDS PLC. Deshalb also dieser "mutige" Kurs gestern.

[finanzmarc]

halte european diamonds für einen interessanten wert...
vorallem wenn nächste woche die ersten diamanten verkauft werden?
wofürt steht BI als börsenbrief? ist der kostenlos? bitte um link

marc

[Pflips]

[posting]19.815.827 von finanzmarc am 21.01.06 14:26:21[/posting]BI = BÖRSE INSIDE VERLAG AG
Gibt mehere Börsenbriefe heraus.
Versuch mal www.boerse-inside.de.
Haben auch einen kostenlosen Newsletter.

zu EUROPEAN DIAMONDS PLC :
Diesen Monat sollen deren größte Diamanten auf der Diamantenbörse in Antwerpen verkauft werden.
Die ersten wurden schon letztes Jahr verkauft. Siehe Nachbarthread.

[KoelnerAktienfreund]

Super Performance heute nach der Meldung mit BHP Billiton.Denke hier wirds noch viel weiter nach oben gehen

[German2]

ja, in London unter hohen Umsätzen hoch ... die Aktie ist noch relativ unentdeckt ,weit unter ATH und nicht teuer ...

...denk mal, European Diamonds wird noch viel Spass machen

[Pflips]

...ja, und dann warten wir ja auch noch auf die Meldung über die Einnahmen von der Diamantenbörse.
Bin mal gespannt wie es weitergeht.

[DrMang]

hi,

weiß denn jemand genaueres, wann man mit meldungen über das ergebnis der diamantenbörse rechnen kann?
Und wo würdet ihr ungefähr das mittelfistige kursziel von european diamonds sehen? die nachrichtenlage über diese firma ist doch eher spärlich......

hoffen wir mal, das es so weiter geht!!

[German2]

wenn die 2. Mine in Betrieb geht förder E.D. bis zu 1 Mio carat pro Jahr... je nach Qualität der Diamanten haben wir dann Umsätze von 50-80 Mio€ im Jahr und satte Gewinne...

..in dem Falle steht einer Kursverdreifachung nix im Wege.

[KoelnerAktienfreund]

weiß jemand den grund für den heutigen absturz?

[KoelnerAktienfreund]

gibt es hier irgendwelche negativen news oder ist das einfach die allgemeine schwäche bei rohstoffwerten heute?derabschlag ist ja ziemlich heftig gestern und heute...:O

[Riseofshares]

Ist für mich genauso unverständlich! Ich habe auch keinerlei Informationen gefunden, die einen solchen zweitägigen Kursverlust rechtfertigen würden.
Sehr seltsam das ganze. Vielleicht erfährt man morgen mehr.
Ich bin jedenfalls sehr gespannt auf den Kursverlauf diese Woche! Gruß ROS

[Pflips]

[posting]20.103.834 von KoelnerAktienfreund am 08.02.06 19:24:33[/posting]Habe auch nichts gefunden. Eventuell die Schwäche bei den Rohstoffwerten + Gewinnmitnahmen, warscheinlicher ist aber, daß der Großaktionär noch nicht ganz fertig ist mit dem Verkaufen.

[stoner3]

News, könnten die heutige Erholung erklären:

European Diamonds Finland bulk sampling

RNS Number:0795Y
European Diamonds PLC
08 February 2006



European Diamonds plc ("European Diamonds" or "the Company")

BULK SAMPLING UPDATE AT LAHTOJOKI - FINLAND


European Diamonds plc is pleased to announce that the first stage processing of
500 tonnes of kimberlite from the Lahtojoki Pipe near Kuopio in southern Finland
has commenced. Processing is currently taking place at the Geological Survey of
Finland`s diamond facility at Outokumpu some 30 kilometres from the kimberlite.

Roy Spencer, the Company`s CEO said today "We intend to initially process
the first 500 tonnes of the 2500 tonne bulk sample we collected last season.
Results of this work should be available before mid-year. Depending on the
results of this first stage processing, we will then make the decision on
whether to proceed with the remaining 2000 tonnes, the intention being that,
subject to results, we are in a position to announce the final results of the
entire 2500 tonnes by the end of autumn this year. We remain excited by the
Lahtojoki project and its potential to provide the company with another economic
kimberlite pipe."

The Company has also collected a 10 tonne mini bulk sample from the Area 3
diamondiferous kimberlite announced in September, 2005. Testing of this sample
will be undertaken at Outokumpu after the processing of the 500 tonne Lahtojoki
bulk sample is completed.


For further information contact:

Kerry Spencer, European Diamonds [phone]
Sarah Samworth, First City Public Relations [phone]
[phone]
Roy Spencer, European Diamonds, CEO [phone]
James Cable, European Diamonds, Financial Director [phone]


This information is provided by RNS
The company news service from the London Stock Exchange
END

Grüße

stoner

[derWiing]

Quelle: http://www.europeandiamondsplc.com/

Tue Feb 21, 2006
Liqhobong Diamonds Sales Update

--------------------------------------------------------------------------------

Liqhobong Main Pipe Bulk Sampling to Commence


European Diamonds plc (EPD) is pleased to announce that the first sale of Liqhobong diamonds in Antwerp will start on the 24th February. The sale will be conducted by EPD`s newly appointed marketing partner BHP Billiton, by closed tender.

Roy Spencer, the Company`s CEO, commented, "Following our initial successful sale in Johannesburg in November, we anticipate that the first Liqhobong sale in Europe will be well received by the diamond market. The February sale will be the first of approximately 10 sales that BHP Billiton will conduct on our behalf over the next 12 months as we develop production capacity."

BULK SAMPLING AT THE MAIN PIPE, LIQHOBONG TO COMMENCE

European Diamonds would like to announce that further work on the 9.5 hectare Main Pipe at Liqhobong will commence shortly. It is anticipated that a 10,000 cubic metre sample of the prospective K5 zone in the south of the pipe will be collected toward the end of the second quarter 2006.

Roy Spencer comments that "collecting this large bulk sample from the K5 zone will address several issues outstanding at Liqhobong. Firstly it will establish a water storage dam close to the processing facility for use during the coming dry season. It will also establish a reliable grade and stone value for this zone, which will be the first step in establishing the feasibility of mining the K5 zone.

We anticipate that we will also be able to add to the Main Pipe data base by progressively bulk sampling all of the remaining zones with in the pipe during the course of the year.

Plans are also being put in place to acquire a small DMS plant in order to process these bulk samples independently of the existing mill facility in order not to interrupt the processing of the Satellite Pipe ore."

For further information contact:

Kerry Spencer, European Diamonds [phone]
[phone]

Sarah Samworth, First City Public Relations [phone]
[phone]

Roy Spencer, CEO, European Diamonds: [phone]

James Cable, Finance Director, European Diamonds: [phone]

Hört sich doch ganz gut an, müssten demnächst also news zu den Verkäufen kommen..

Gruß

derWiing

[DrMang]

hallo zusammen,

der thread hier scheint ja langsam auszulaufen.... schade

kann mir jemand sagen warum wir jüngst doch nicht ganz unerhebliche rückläufe bei eu zu verzeichen haben??
was ist denn bitte mit den angeblichen verkaufsnews aus antwerpen? dachte die sollten schon am letzten feitag rauskommen.....?
wir zeit das hier endlich was passiert und wir in london mal wieder die 30 bbc marke in angriff nehmen !!

in diesem sinne

[stoner3]

[posting]20.441.845 von DrMang am 01.03.06 13:41:34[/posting]EinenGrund für die Abwärtsbewegung kenne ich leider auch nicht, vielleicht die Ungeduld der Anleger, dass noch keine Ergebnisse der Verkäufe aus Antwerpen vorliegen, vielleicht Charttechnik (angedeutete Schulter-Kopf-Schulter Formation in London) oder oder oder.

Im britischen Forum wurden die Ungeduldigen beruhigt, indem das Verfahren so eines Verkaufs erläuter wurde: Es sind Bietverfahren, die sich über mehrere Tage hinziehen können. Je "größer" der Stein, desto länger die Abwicklung.

Grüße

stoner

[stoner3]

[posting]20.441.845 von DrMang am 01.03.06 13:41:34[/posting]Einen definitiven Grund für die Abwärtsbewegung kenne ich leider auch nicht, vielleicht die Ungeduld einiger Anleger, dass noch keine Ergebnisse aus Antwerpen vorliegen, vielleicht Charttechnik (angedeutete Schulter-Kopf-Schulter Formation in London) oder oder oder.

In einem britischen Forum wurden die Ungeduldigen mit der Erklärung beruhigt, wie so ein Diamantenverkauf funktioniert: es handelt sich um Bieterverfahren, die sich über mehrere Tage hinziehen können. Je "größer" der Stein, desto länger die Bietrunde.

Hoffen wir auf gute Ergebnisse und damit steigende Kurse!!!

Grüße

stoner

[stoner3]

Sorry für das doppelte posting, der Server hat mal wieder gepennt!!!!

stoner

[greensinblue]

Hallo Stoner,

könntest du die Adresse des britischen Boards hier mal einstellen? Würde mich sehr interessieren.

Vielen Dank und beste Grüße

[DrMang]

tag an die(leider wohl immer kleiner werdende) diamanten-gemeinde

gibts mittlerweile was neues aus antwerpen?
wir brauchen dringend mal ein wenig bewegung in diesem papier, die umsätze an den deutschen börsen sind in letzter zeit ja nun wirklich mau!!!
es kann nur besser werden! denn prinzipiel ist ed ein heißer kandidat und mittlerweile meines erachtens völlig unterbwertet!!
durchhalten - man wird belohnt!!!!
mein kursziel liegt immernoch bei einer marktkapitalisierung von min. 200 - 300 mio €

[stoner3]

[posting]20.484.121 von greensinblue am 03.03.06 12:35:59[/posting]@ greensinblue

Sorry, habe Dein Posting übersehen. Die Adresse lautet:

http://www.advfn.com/p.php?pid=quote&cb=1142248720&java_vm=m…

Das Symbol lautet "EPD". Man muss sich allerdings registrieren lassen.

Grüße

stoner

[derWiing]

es gibt news...

Quelle:http://www.europeandiamondsplc.com/s/Home.asp

Tue Mar 14, 2006
Results of EPD`s First Sale in Antwerp

--------------------------------------------------------------------------------

• RESULTS OF EPD`S FIRST SALE IN ANTWERP
• PRODUCTION UPDATE

EPD is pleased to announce the results of its first major European diamond sale by closed tender in Antwerp. The company has received the sum of U$435,500 from the sale of approximately 9,000 carats undertaken on the company`s behalf by its marketing agent, BHP Billiton. Prices for the Liqhobong goods fetched up to U$6,100 per carat for large, special stones. This production represents a surface ore grade of approximately 0.5 carats per tonne recovered from 19,100 tonnes of contaminated near surface kimberlite.

Roy Spencer has commented that "The average price of U$49 per carat for this parcel is in the mid range of the expected prices for the Liqhobong diamonds, and is encouraging given the present market conditions.

We are confident that on an annualised basis, Liqhobong run of mine will continue to exceed the Feasibility Study value of U$41 per carat and that with more tonnage throughput, we will see more large stones in excess of 5 carats. It is however pleasing that in particular the hallmark yellow Satellite Pipe stones have attracted so much attention and we intend to aggressively develop this market in the future.

The information we receive from this and the next sale gives us the opportunity to fine tune the recovery plant and develop an economic cut-off for the smallest stones we will recover. Present throughput is at approximately 50% of full capacity, due in no small measure to the low grade contaminated surface weathered kimberlite which still remains on the Satellite Pipe. This material will take about 4 months to completely remove and process before we only have primary kimberlite to put through the mill. The reduced production was also the result of a longer plant commissioning phase exacerbated by severe wet weather conditions and Southern Africa-wide fuel shortages.

Production will increase from current levels as we introduce and test the correct screens for the economic cut-off, introduce fuel-efficient conveyors to replace the existing slurry pumps and other measures to produce consistently at a higher level. These changes will be introduced as we mine through the weathered surface kimberlite and will be completed by mid-year, at about the same time as the removal of the surface kimberlite is completed. "

For further information contact:

Kerry Spencer, European Diamonds
[phone]
[phone]
Sarah Samworth, First City Public Relations
[phone]
[phone]
Roy Spencer, CEO, European Diamonds:
[phone]
James Cable, Finance Director, European Diamonds:
[phone]

[Plotin]

so what?

[123kid]

Die Meldung über die Antwerpen-Verkäufe ist ja eigentlich nicht schlecht, doch leider haben die meisten Marktteilnehmer wohl höhere Erwartungen gehabt - mag ein Grund dafür sein, weshalb der Kurs heute, leider schon wieder, abgeschmiert ist.
Naja, die große Unterstützung haben wir ja bei 20 BPC, hoffe daß dort erstmal Schluß ist mit den Verkäufen.
Ansonsten bleibt noch die Möglichkeit günstig Nachzukaufen.
Falls in Zukunft keine wirklich positiven News kommen sollten, so glaube ich, daß der Kurs leider weiter abschmieren oder seitwärts laufen wird.
Doch die Zukunftsaussichten sind ja angeblich (laut BI) rosig...wolln wirs mal hoffen daß das so auch stimmt.

Wünsche allen Beteiligten einen langen Atem ;-)

gruß

123kid

[stoner3]

Der Kurs scheint sich ja wieder aufwärts zu bewegen. Es gab ja auch jede Menge Insiderkäufe in der letzten Zeit und dann auch noch die folgende Kaufempfehlung:

Cannacord broker note issued 07.35 today

11 April 2006

Precious Metals and Minerals

European Diamonds plc

Emerging diamond producer

Production could triple within three years

European Diamonds is one of the few publicly listed independent diamond producers. The company expects to be producing 290,000 carats per year by mid-2006 from the Satellite Pipe at its Liqhobong Project in Lesotho. This is envisaged as a starter project, with the main driver of value being the much larger, albeit lower grade, Main Pipe. This could add additional production of 500,000-700,000 carats per year by 2009.

Grade expected to double at Main Pipe

The ultimate viability of the Main Pipe hinges upon the grade of the kimberlite, which was determined by past operators to be 0.17ct/t. It now appears that the pipe is multi-phased with at least four zones of varying grades and that the original bulk sample was taken from the lowest grade portion. A subsequent re-interpretation of the geology indicates the overall recoverable grade could be closer to 0.37ct/t and that one zone (k5) could have similar grades to the Satellite Pipe (0.68ct/t). The company is now taking bulk samples to test the various zones, with the first results by the end of Q3/06.

Continues diamond hunt in proven Karelian Craton

While the focus has shifted to Africa, European Diamonds continues its regional exploration program in the Finnish part of the Karelian Craton. It was on the Russian side of the border where company founder and CEO, Roy Spencer, had major exploration success with the discovery of the US$3.7 billion Grib Pipe. The company is now evaluating a diamondiferous kimberlite at its Lahtojoki project, from which bulk sampling results are expected in May.

Strong buying opportunity

This report puts forward several arguments on why the market has overlooked the embedded value of European Diamonds’ projects. We believe the company to be worth £27 million, or 35p per share, representing 60% upside from current trading levels. We are initiating coverage of European Diamonds with a BUY recommendation and near-term target price of 35p.


Hoffen wir mal, das die Vorzeichen jetzt länger auf "grün" stehen!!!!

Grüße

stoner

[boersenfrischling06]

Was gibt´s neues ?

[stoner3]

Das gibt es an Neuigkeiten:

RNS Number:4020C
European Diamonds PLC
04 May 2006

EUROPEAN DIAMONDS PLC

(the "Company")



ANNOUNCEMENT



4 May 2006



Extraordinary General Meeting



European Diamonds PLC ("EPD") has issued a circular to shareholders convening an
Extraordinary General Meeting ("EGM") of the Company for 10.00am on Friday 26
May 2006 at The Millennium Hotel, Manhattan Suite, 44 Grosvenor Square, Mayfair,
London, W1K 2HP.



The purpose of the EGM is to propose four resolutions.



The first resolution is to disapply shareholders' statutory pre-emption rights
in respect of unissued share capital up to a maximum aggregate nominal value of
#267,000. This will enable the directors to issue warrants to subscribe for
5,340,000 Ordinary 5p shares in respect of the private placing announced 16
March 2006. These warrants are exercisable at 30p per share up to 15 March 2008.



The second resolution is to increase the authorised share capital of the Company
to an aggregate amount of #10,000,000. In view of the current level of issued
share capital and outstanding warrants and share options the Directors believe
that it would be in the best interests of the Company to increase its authorised
share capital at this time.



The third resolution is to grant a new authority to enable the directors to
allot unissued share capital up to an aggregate nominal amount of #2,100,000,
which together with the authority remaining from resolution 2 passed at the
Extraordinary General Meeting of the Company held on 21 November 2005,
represents approximately sixty nine percent of the issued ordinary share capital
of the Company. If given, this authority will expire at the conclusion of the
Annual General Meeting of the Company to be held in 2006.



The fourth resolution, which is conditional upon the passing of the second and
third resolutions, would allow the Board to allot equity securities for cash
other than to existing shareholders in proportion to their holdings. The passing
of this resolution will enable the directors to:-



Offer shares to existing shareholders in connection with rights issues, open
offers and similar pro rata issues, other than strictly in proportion to their
holdings, where for example, overseas securities regulations make it difficult
to offer shares to existing overseas shareholders or when dealing with fractions
of shares; and



Allot shares for cash other than pro rata to shareholders' existing holdings up
to a maximum aggregate nominal value of #2,158,850 which is approximately 69 per
cent. of the issued ordinary share capital of the Company.



This authority, which is in addition to the authority conferred by Resolution 1,
will terminate at the conclusion of next Annual General Meeting.

The power conferred by resolutions 3 and 4 will terminate at the conclusion of
the Annual General Meeting to be held in 2006.



European Diamonds PLC is listed on the Alternative Investment Market (AIM) of
the London Stock Exchange and its shares trade under the symbol EPD.





For further information please contact:


Roy Spencer - Chief Executive Officer
or
James S Cable - Finance Director, Company Secretary

Allan Piper
European Diamonds PLC First City Financial Limited
22 Grosvenor Square 10-11 Percy Street
London, W1K 6LF London W1T 1DA
Tel: [phone] Tel: [phone]
Fax: [phone] Fax: [phone]
e-mail: [e-mail] e-mail: [e-mail]
website: www.europeandiamondsplc.com

Grüße

stoner

[stoner3]

Antwort auf Beitrag Nr.: 21.446.394 von stoner3 am 05.05.06 16:09:52

keine Ahnung, wie die smilies da reingekommen sind, war jedenfalls keine Absicht!!!!!

stoner

[zpo]

ist grad ziemlich viel umsatz in gb

[stoner3]

Antwort auf Beitrag Nr.: 21.789.286 von zpo am 25.05.06 10:27:57

Könnte daran liegen:



Re: Press Releases - Thursday, May 25, 2006
Early Result from the Main Pipe, Liqhobong
=======================================================================

The management of EPD is delighted to announce that metallurgical test
processing of a small amount of kimberlite from the Main Pipe, through
the existing diamond recovery plant, has produced a 27.7 carat gem
quality diamond.

Roy Spencer comments that "this is the first sizeable gem quality
diamond to be recovered by ourselves from either of the kimberlites at
Liqhobong. Similar sized stones were reported in the eighties from the
site and this discovery confirms the potential of this big pipe to
produce large diamonds."

Preparations for the processing of the Main Pipe bulk sample that the
Company began excavating last month continue and will be reported on in
due course.

For further information please contact:

Roy Spencer, CEO
+ 44 (0) 1727 852 417
James Cable, FD / Company Secretary
+ 44 (0) 20 7529 7502
Kerry Spencer, IR
+ 44 (0) 1727 852 417
Sarah Samworth, First City PR
+ 44 (0) 20 7436 7490

European Diamonds PLC
e-mail: [e-mail]
website: www.europeandiamondsplc.com

=======================================================================
Copyright (c) 2006 EUROPEAN DIAMONDS PLC (EPD) All rights reserved.
For more information visit our website at
http://www.europeandiamondsplc.com/ or send
mailto:[e-mail]


Hoffen wir auf diamantenreiche Zeiten!!!!!

Grüße

stoner

[zpo]

merci

[stoner3]

Auch in Finnland tut sich was!!!!

Finland bulk sampling results

RNS Number:8614D
European Diamonds PLC
01 June 2006

European Diamonds plc ("The Company")



RNS







Update on Finland Projects





1 June 2006: The management of EPD is pleased to provide an update on
exploration activities in Finland both at the Lahtojoki Project and at Area 3.



At Lahtojoki, the Company has completed processing the first material from the
bulk sampling programme which was undertaken during the winter of 2005. To date
a total of 502 tonnes of kimberlite from the western side of the pipe has been
processed at the Geological Survey of Finland's diamond facility at Outokumpu.
Approximately 74 carats of diamonds greater than 1mm in size were recovered for
a grade of this part of the bulk sample of 14.77 carats per hundred tonnes. The
largest stone recovered was a rounded octahedral-shaped stone which weighed 0.45
carats.



A total of 8.7 tonnes of kimberlitic rock from the Area 3 body has also been
processed through the Outokumpu facility with 1.25 carats of diamonds greater
than 1mm being recovered. The largest stone in this small parcel is 0.09 carats.



Commenting on the Lahtojoki results, CEO Roy Spencer notes that "our results are
2 and a half times better than those reported by the earlier sampling programme
from the same part of the pipe and confirms the Company's opinion that the
previous grade of 6 carats per hundred tonnes is not correct. The Company has
not yet tested the less accessible central and eastern parts of the body where
micro diamond analysis suggests higher grades may exist. We will process the
remaining 2000 tonnes of western material through the summer as funds permit and
this work should give us a better idea of overall stone value for the pipe. We
will then devise a bulk sampling programme for the higher grade sections of the
body. Given the extremely good location of this pipe close to tarred roads and
infrastructure and the fact that we have now confirmed the presence of
commercial-sized stones for ourselves we remain excited by the project.



The Area 3 sampling has also established that this kimberlitic body contains
macro stones, which was what the mini bulk sample was designed to test. Further
exploration pitting some 50 metres from the location of the discovery site has
exposed similar material within 1 metre of the surface and a small grab sample
of 9.8 kilograms from this material processed by Kennecott Canada Exploration
Inc. recovered 23 micro diamonds. It is not know yet known whether this second
discovery is part of the original body or a separate intrusive. As with many of
our discoveries in Finland to date, the discovery is within 3200 metres of a
highway and access to the body is good.



Regional till sampling has indicated that there additional bodies present in the
near vicinity of this body.



As for Lahtojoki, we intend to undertake further work on these bodies over the
remainder of the field season."



For further information please contact:



Roy Spencer, CEO + 44 (0) 1727 852 417
James Cable, FD / Company Secretary + 44 (0) 20 7529 7502
Kerry Spencer, IR + 44 (0) 1727 852 417
Sarah Samworth, First City PR + 44 (0) 20 7436 7490


Hoffen wir, dass sich der Kurs bald auch wieder erholt!!

Grüße

stoner

[stoner3]

Strategischer Ausblick über sämtliche Minenvorhaben, hört sich sehr vielversprechend an!!!!!!!!!!!!!

Strategic Mine Development

RNS Number:7715E
European Diamonds PLC
19 June 2006



European Diamonds plc ("the Company" or "European Diamonds Plc")
Strategic Mine Development and Exploration Plans


European Diamonds is pleased to announce further plans to develop its key assets
in Lesotho and Finland. The company is entering a significant growth stage of
its development; not only is full production from the Satellite Pipe expected by
the autumn of 2006 but bulk sampling at the much larger Main Pipe has started
already, leading to a feasibility study in 2007.


Lesotho

The Company is successfully producing from the Satellite Pipe in Lesotho and, at
the full scale feasibility study production level of 290,000 carats per year,
will be one of the largest independent diamond producers in the world.
Development of the Satellite Pipe has however always been regarded as the first
strategic step in the commercial development of its diamondiferous kimberlites
in Lesotho. In this regard the adjacent Main Pipe is a major target for the
Company. Plans are advanced, subject to evaluation work, to significantly expand
diamond production by testing and developing the Main Pipe, which at 9+ hectares
in size and containing over 20 million tonnes of kimberlite could become an
additional long term feedstock for the Liqhobong mining operation with the
potential to establish the Company as a long term diamond producer. A production
rate of over 700,000 carats per annum from the Main Pipe has been projected from
internal company scoping studies.

The timing and scale of the development of the Main Pipe will depend upon the
results of a bulk sampling programme presently underway and to concluded by the
end of 2006. Geological understanding of this large multi-phase kimberlite pipe
has been considerably improved over the last 18 months with at least 4 discrete
zones of kimberlite having been identified. Each of these zones appears to have
its own unique diamond content. The micro diamond analysis undertaken thus far
indicate that the 2.4 hectare southernmost K5 zone may have a grade similar to
that of the Satellite Pipe.

The bulk sampling programme is intended to recover up to 15,000 tonnes of
surface kimberlite from the K5 zone, close to the present mill site. Once this
sampling is completed, the kimberlite will be processed on site over a period of
approximately 2 months. The bulk sampling will then be extended to the other
zones with samples of approximately 5,000 tonnes being recovered from each of
the remaining zones. This programme is designed to recover up to 10,000 carats
for valuation purposes. Encouraging early sampling results from metallurgical
tests of this bulk sample material has recently produced a 27 carat diamond, the
largest to be recovered from the licence area by the Company to date.

The commercial decision whether to mine the Main Pipe will be taken based upon
the results of a Feasibility Study which will begin early in 2007. This study
will also determine whether to accelerate the mining of the Satellite Pipe and
stockpile the kimberlite for processing through the present recovery plant. In
this scenario it may be possible to use the resultant pit to dispose of up to
1.5 million cubic meters of tailings from the Main Pipe. This particular process
would have the advantage of avoiding the large early construction costs of a new
tailings dam.

Should the Company decide to mine the K5 zone only, a additional option may be
to target production in excess of 500,000 carats per year for over 6 years
which, when added to that from the Satellite Pipe, could mean total production
of over 700,000 carats per annum, cementing the Company's position as one of the
leading independent hard rock diamond producers in the world.

If the Feasibility Study shows that it is commercially viable to mine all of the
Main Pipe, this option would represent a significant increase in the annual
mining rate of up to 2 million tonnes per year over an initial mine life of 13
years. The increased processing plant capacity to handle this level of
production (up to 250 tonnes/hour) is likely to cost in the order of #25 million
although this has yet to be assessed in detail. A further alternative would be
to mine the K5 zone first, using existing upgraded facilities and then mine the
rest of the Main Pipe.

The value of the Main Pipe stones were estimated in 1998 to be U$62 pct on the
basis of a 1,700 carat parcel recovered by the former owners of the project.
World rough diamond prices have strengthened considerably since 1998 and the
Company is optimistic that the value of stones from the K5 zone will be higher
than those achieved in 1998.

The mine at Liqhobong is situated at an altitude of over 2,500 metres in the
Maluti Mountains and diesel fuel to power the electric generators is brought in
by truck, a laborious, weather-dependent and expensive process. Linking in to
Lesotho's electrical grid system is a key requirement to facilitate production
at the much higher levels envisaged from the Main Pipe. Accessing grid power is
presently under discussion with various organisations.

Grid power could potentially also considerably reduce the operating costs of any
mining operation in particular with respect to diesel costs, which have risen by
over 50% over the past year. The upside potential in terms of short and medium
term production, establishing significantly increased diamond resources and
potential returns to shareholders could be significant.


Finland

The Company is currently focussing on its exploration and evaluation assets in
central Finland at Lahtojoki and Area 3. The Finnish part of the Karelian
Craton, one of the largest and least explored diamond-prospective Archaean
cratons in the world, remains the Company's most important exploration area. The
Company has been exploring the craton for 8 years and has discovered many
kimberlites in the region, including at least 6 discrete areas from which either
new kimberlites have been found or where kimberlite indicator mineral trains
have been recovered.

In the south of the craton, a bulk sample of approximately 2,500 tonnes has been
collected from the diamondiferous Lahtojoki kimberlite pipe. The first 500
tonnes of this sample has been processed at the Geological Survey of Finland's
Outokumpu diamond facility with results of this part of the bulk sample having
recently been announced. The presence of commercial sized diamonds up to 0.45
carats have been confirmed with a grade substantially higher than that achieved
by previous explorers.

The Company plans to process the remaining 2,000 tonnes during the second half
of 2006. Preparation of a concentrate of approximately 20 tonnes will also take
place at Outokumpu, with final observation to be carried out at the Geological
Surveys offices in Helsinki.

Area 3 is the most important of the Company's regional exploration targets to
have been identified so far in Finland. The clusters of indicator trains (and
now kimberlites) that these discoveries represent are known to extend for over
150 kilometres from Area 3, overlapping recent kimberlite discoveries in the
Kuusamo area.

A small bulk sample of approximately 9 tonnes has been collected from the Area 3
kimberlite and has been processed at Outokumpu. The sample was observed at the
Geological Survey in Helsinki, with results recently announced. Macro diamonds
up to 0.09 carats have been recovered from this small sample.

Further work to discover the source of other indicator trains in the vicinity of
the Area 3 kimberlite and to determine the size of the new body will be
required. This work will be supplemented by an additional 300 metres of core
drilling and the collection and processing of 100 till samples.

In addition, the Company has discovered several hitherto unrecognised kimberlite
indicator trains in the vicinity of Lahtojoki and will assess these over the
next year.

Roy Spencer, the Company's CEO has noted "It is obvious now that the company has
successfully emerged as a major producer of hard rock diamonds. By the time the
present plant upgrades are in place, EPD will be one of the largest independent
diamond producers in the world. Should the bulk sampling work that has already
started on the Main Pipe at Liqhobong prove as successful as we anticipate, the
group could be producing well over half a million carats per year by the end of
the decade. The exploration potential that the Company has identified both in
Lesotho and in Finland is exciting and promises to add significantly to the
group's diamond inventory."

In recognition of this development, the Company has introduced significant
changes to its management structure both by opening an Operational Office in St
Albans in the UK and by adding to its already strong technical and management
team by the introduction of Mr Chris Sangster as General Manager to, along with
the Liqhobong Production team, initially take the Satellite Pipe to full
production and then to become involved in the day to day running of the Company.
This change will allow Andrew Birnie, the Company's Chief Geologist, with his
geological team, to concentrate on the bulk sampling and pre Feasibility work on
the Main Pipe at Liqhobong and to bring this kimberlite into production as soon
as possible. It will also free members of the team to continue with the highly
successful exploration the Company has been carrying out in Finland and to
conclude the evaluation of the Lahtojoki and Area 3 kimberlites".


European Diamonds PLC is listed on the Alternative Investment Market (AIM) of
the London Stock Exchange and its shares trade under the symbol EPD.


Mr Roy Spencer, GSSA Member, FAusIMM, and Chief Executive Officer of European
Diamonds plc is a "qualified person" as defined under the AIM rules and a
competent person under the JORC reporting standards. This announcement has been
prepared under Mr. Spencer's supervision.



For further information please contact:

Roy Spencer, CEO + 44 (0) 1727 852 417
James Cable, FD / Company Secretary + 44 (0) 20 7529 7502
Kerry Spencer, IR + 44 (0) 1727 852 417
+ 44 (0) 7739 827 231


Sarah Samworth, First City PR + 44 (0) 20 7436 7490



European Diamonds PLC

e-mail: [e-mail]

stoner

[stoner3]

Noch 2 "große Klunker" gefunden.........

Large stone discoveries

RNS Number:9148E
European Diamonds PLC
21 June 2006





European Diamonds plc ("the Company" or "European Diamonds Plc")

Further large stone discoveries from early Main Pipe bulk sample


The management of EPD is pleased to announce the recovery of two additional
large diamonds from the metallurgical sample currently being taken from its Main
Pipe kimberlite project at Liqhobong, Lesotho.

The diamonds are both white and are gem quality, weighing 29.2 carats and 24.3
carats respectively, and have been found less than a month after the company
announced that a gem quality 27.7 carat stone was found as part of the same
sampling programme.

The large stones have all come from the highly prospective "K5 zone" in the
southern part of the 9 hectare pipe. Bulk-sampling of up to 15,000 tonnes of
Main Pipe kimberlite began during April.

Roy Spencer the Company CEO commented "Lesotho is renowned for its propensity
for large stones. These new large diamonds from the K5 zone of the Main Pipe are
further very encouraging evidence of the prospectivity of this diamondiferous
kimberlite at Liqhobong. The metallurgical sampling is almost complete now and
formal bulk sample processing of the various zones will commence shortly."

European Diamonds is already producing diamonds from the neighboring Satellite
Pipe mine, with the company's third sale into the market planned shortly.

Mr Roy Spencer, GSSA Member, FAusIMM, and CEO of European Diamonds plc is a "
qualified person" as defined under the AIM Rules and a competent person under
the JORC reporting standards. This announcement has been prepared under Mr
Spencer's supervision.


For further information please contact:

Roy Spencer, CEO + 44 (0) 1727 852 417
James Cable, FD / Company Secretary + 44 (0) 20 7529 7502
Kerry Spencer, IR + 44 (0) 1727 852 417
Sarah Samworth, First City PR + 44 (0) 20 7436 7490

European Diamonds PLC
e-mail: [e-mail]
website: www.europeandiamondsplc.com


stoner

[stoner3]

Und das beste zum Schluß: 2. Verkauf in Antwerpen mit deutlich besserem Resultat!!!!!!!!!!!!!

EPD.s latest Sale in Antwerp

RNS Number:9153E
European Diamonds PLC
21 June 2006








European Diamonds plc ("the Company" or "European Diamonds Plc"



Results of EPD's latest Sale in Antwerp



The Management of EPD is pleased to announce the results of the Company's latest
diamond sale in Antwerp. A total of 16,500 carats of the Liqhobong diamond
mine's production was sold for a total price of U$691,000 by the Company's agent
BHP Billiton.





Roy Spencer notes that "In view of the present volatile rough diamond market, we
view this sale as very positive. Market reception for our better quality yellow
diamonds has been strong and the Liqhobong yellows are rapidly becoming sought-
after in the European market. Our understanding of the optimum marketing
techniques for these specialised stones is improving with each sale and we look
forward to the strengthening of the rough diamond market as the year
progresses."



For further information please contact:



Roy Spencer, CEO + 44 (0) 1727 852 417

James Cable, FD / Company Secretary + 44 (0) 20 7529 7502

Kerry Spencer, IR + 44 (0) 1727 852 417

Sarah Samworth, First City PR + 44 (0) 20 7436 7490



Ist eigentlich noch irgendjemand investiert oder schreibe ich hier nur zu meiner eigenen Belustigung??????????????


Grüße

stoner

[zpo]

bin n0c drin,

tx

[Sonnenstrahl111]

Will rein zu 0,24

[zpo]

Was ist denn hier los ?

1,2 Mio Umsatz in London ???

[zpo]

was vür eine seltsame actie

...

[Sonnenstrahl111]

Was ist denn hier in den letzten 2 Tagen los???
Gibt es irgendwelche Neuigkeiten?

[Plotin]

ja, jetzt kannst du für 0,24 "rein"!

[DrMang]

hallo zusammen,

hoffe bin nicht mehr der einzige der hier noch investiert ist?
da mein englisch leider nicht das beste ist, hoffe ich jemand kann mir mal erklären was da neulich für eine nachricht rauskam.

habe das so verstanden, das ich bis irgendwann in 2009 vorzugsrechte auf neue aktien zum wert von 15 bpc habe, korrekt?
wie übe ich die denn aus?

danke

[Sonnenstrahl111]

Antwort auf Beitrag Nr.: 23.113.214 von DrMang am 27.07.06 13:44:10

Das glaube ich nicht, denn das wäre ja eine Art von Optionsschein, ich habe jedenfalls nichts eingebucht bekommen.

[zpo]

0la ?

[xtera]

Antwort auf Beitrag Nr.: 23.458.879 von zpo am 15.08.06 19:02:24

hallo
ueberlega schon lange hiehr zu investieren
argumente?

[stoner3]

Antwort auf Beitrag Nr.: 24.037.471 von xtera am 19.09.06 11:17:44

@ xtera
Lies Dich am besten in die threads bei ADVFN ein, hier im deutschen board läuft leider nicht viel. Registrierung ist allerdings erforderlich. Ein guter thread ist z. B.
http://www.advfn.com/cmn/fbb/thread.php3?id=10548354
Generell kann man EPD als den zur Zeit günstigsten Diamantenexplorer bezeichnen. Aber die Meinungen gehen auseinander, ob das Management in der Lage ist, die Minen wirklich voran zu bringen. Muss jeder für sich selbst entscheiden. Ich persönlich glaube , dass mir die Aktie auf mittlere Sicht (3-5 Jahre) noch sehr viel Freude machen wird.
Grüße
stoner

[Sonnenstrahl111]

Was gibt es neues an der Diamantenfront?

[German2]

Antwort auf Beitrag Nr.: 25.584.291 von Sonnenstrahl111 am 22.11.06 06:46:50

so, da der Wert ieder steigt hol ich mal den Thread aus der versenkung..


für dieses jahr steht an:

-feasibility der mainpipe
-Steigerung der vorhandenen Produktion

...ab 2008 wird kräftig verdient und die Aktie sieht zumindest das alte Hoch wieder

[XIO]

Antwort auf Beitrag Nr.: 27.709.147 von German2 am 14.02.07 18:26:54

Tach Leute, bin auch investiert in EPD.
Hier auch ein Paar Infos:
http://www.sharecrazy.com/share2607share/share.php?disp=shar…

Interessant ist, daß Tony Williams von Arian Silver hier mit onBoard ist.
Hat alles Hand und Fuss, wo der mit dabei ist.

[XIO]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[XIO]

Antwort auf Beitrag Nr.: 27.896.365 von XIO am 22.02.07 13:15:53

0.15 British Pound = 0.22310 Euro

[XIO]

European Diamonds LSE:EPD WKN:675546
Diamantenproduzent und Explorer, aktiv in Lesotho und Finnland

http://www.europeandiamondsplc.com

Marktkapitalisierung @ 0.15 BP= 12 Mio Br. Pound = 24 Mio USD = 18 Mio Euro

(ich habe in London gekauft, aber wie ich sehe, ist auch bei uns Umsatz)

...............Chart London..........................................................Chart FFM................................Chart London 6 Monate......


Intraday LSE:




Meine Meinung: (Aus der Startseite)

Zitat:
Depending on the bottom cut-off chosen, the Satellite operation will produce between [color=red]250,000 and 300,000 carats per year[/color] from the end of 2006.

...expanded mining operation which included the Main Pipe has the potential to produce up to [color=red]700,000 carats per year


700.000 Carat / Jahr = 1.917 Carat / Tag x 40USD =76.680 USD/Tag = 28 Mio. USD / Jahr* Umsatz
(*bei voller Produktion und Minimal VK-Preis, als Erstes geht die Satellite Pipe an den Start, also mit ca. 44% anfangs kalkulieren = 12 Mio USD / Jahr Umsatz)

40USD / Carat = Minimum-Whorst Case VK-Preis bei kleinen Steinen.
Sind die Steine grösser und von guter Qualität, ist erheblich mehr Potential im Preis, aber damit kalkuliert man nicht im voraus.
Gerade die Fancy Diamonds aus der Main Pipe (gelb) sind wesentlich mehr wert.
Ein alternativer Anbieter / Marktführer im Bereich von Fancy Diamonds sind Kimberley Diamonds aus Australien (ASX:KIM) (nicht mit "Central Kimberley Diamonds" verwechseln..das wäre fatal).

Ich bin gerade dabei, mir Gedanken über das Verhältnis Umsatz MK zu machen, da Gewinn noch nicht da ist:

Dazu nehme ich mir als Vergleichswert einen ebenfalls sehr aussichtreichen Explorer/ Juniorproduzenten mit beginnender bzw. steigender Produktion.

Kimberley Diamonds (fundamental sehr guter Wert, nix gegen KIM, kann auch jeder andere Wert herhalten, aber mit denen hab ich mich halt auch befasst, also bitte nicht die Verschwörung vermuten.)
verkauft seine hochwertigen Fancy Steine zu durchschnittlich 200USD/Karat.
geplant sind ca. 600.000Carat / Jahr 2007
MK Kim: 337 Mio Australian Dollar = 202 Mio Euro = 265 Mio US Dollar
Umsatz 600.000x 200 = 120 Mio
also Verhältnis bei Kim MK / Umsatz = 265 / 120 Mio USD

EPD, nur Satellite Pipe!!!
geplant sind für die Satellite Pipe 300.000carat a 40USD / = 12 Mio USD
MK = 12 Mio British Pound = 24 Mio USD
also Verhältnis bei EPD MK / Umsatz = 24 / 12 Mio USD

Ich habe alle Steine bei EPD mit dem 40 USD/Carat Worst Case Preis Kalkuliert, obwohl die auch grössere, hochwertige und Fancy Diamanten fördern.

Warum ist der Wert so abgestürzt die letzten Jahre???
-viel zu hoher IPO
-einige Manager hatten aufgehört
-die klassischen Leiden eines Explorerkurses, der typische Durchhänger vor der Produktion

Warum bin ich jetzt rein?
-weil ich leider nicht eher drauf gestossen bin (Dezember 2006 wäre optimal gewesen)
--der Direktor Anthony (Tony) Williams ist auch bei Arian Silver und bei European Minerals (die gehen dieses Jahr in die Gold-produktion), also ein guter Mann
-EPD Hauptprojekt in Lesotho geht dieses Jahr in volle Produktion
-evtl steigt BHP Billiton mit ein, welche gerade versuchen , wieder im Diamantengeschäft fuss zu fassen
-realistische Kalkulation (40USD/Karat sind der unterste Hammer)
-Fancy Diamanten werden ebenfalls gefunden, die bringen besonders gut Schmott
-Lesotho untestützt die Company
-Analysten sind sich einig
-Marktkapitalisierung finde ich attraktiv

Links:
Lesotho May Offer Prospect for European Diamond Miner After Feasibility Studies
http://www.resourceinvestor.com/pebble.asp?relid=28879

Minesite
http://www.minesite.com/companies/comp_single/company/europe…

[XIO]

http://www.minesite.com/fileadmin/content/pdfs/Broker_Notes/…

EPD mit in der Tabelle.

[XIO]

Noch ein paar Fancies dazu und die 42 sind Schnee von gestern.

[XIO]

Sehe gerade,die Zahl bei EPD in der Tabelle ist falsch
der Wert ist nicht pro Hundert Tonnen, sondern pro Tonne.
approximately 0.68 carats per tonne
http://www.europeandiamondsplc.com/s/Liqhobong.asp

[XIO]

Zum Thema Marktkapitlasisierung / Aktienkurs / Umsätze mit Diamantenverkäufen und daraus resultierende Gewinnerwartungen:

1. Man sollte sich mal den letzten Artikel reinziehen:

http://www.europeandiamondsplc.com/i/pdf/ResourceWorks-Feb07…

Auszug:



(Der Beste bisherig Verkaufserlös sind 27.008 USD pro Karat bei einem 27,7 Karat- Stein von EPD, welcher aber nicht im Durchschnittswert mit enthalten ist, jedoch letztendlich das Ergebnis weiter verbessern würde.)

Fait: Der Gegenwärtige durchschnitts VL liegt bei 72 USD / Karat.

2. Ein paar Rechenspiele:

Nur die Satellite Pipe mit 300.000 Karat pro Jahr macht demnach 21.600.000 USD Umsatz pro Jahr (ohne extrem gute Steine)

Volle Produktion inkl. Mainpipe ab 2008 mit 700.000 Karat / Jahr sind 50.400.000 USD Umsatz pro Jahr (ohne extrem gute Steine)

Die Gegenwärtige Marktkapitalisierung beträgt heute am 24.02.2006 bei einem Aktienkurs von 0.1525 Britischen Pound und 84 Mio Shares 12.7 Mio Britische Pound, das sind 24.9 Mio USD

Gegenwärtig suche ich noch nach Aussagen zu den Mining Cost per Tonne oder Kubikmeter, um den Gewinn zu definieren.
Trotzdem finde ich es bereits jetzt bemerkenswert, daß EPD mit relativ kleinen (Oberflächen-mässig gesehen) Open Pit Mines Umsätzte anstrebt, welche der aktuellen Marktkapitalisierung entsprechen und für 2008 das doppelte der gegenwärtigen MK betragen.

Will damit sagen, eine Firma, welche nicht die zur MK und Unternehmensgrösse proportional hohen Umsätze hat, kann überhaupt keine hohen jährlichen Gewinne einfahren.
Also das reine Umsatz / Gewinnmarge Verhältnis reicht nicht aus, sondern der Umsatz sollte zusätzlich möglichst hoch sein.
Und genau diese Chance ist bei EPD evtl. gegeben.

[stoner3]

Antwort auf Beitrag Nr.: 27.958.399 von XIO am 25.02.07 15:02:15

@ XIO
Ich habe die Hoffnung ja auch noch nicht aufgegeben, aber die user im britischen board sind da etwas mißtrauischer. Das Management hat in der Vergangenheit einfach zuviele Prognosen und Versprechungen nicht eingehalten.

Aber wie gesagt, ich hoffe, dass die Pessimisten eines Besseren belehrt werden.

Grüße

stoner

[XIO]

Antwort auf Beitrag Nr.: 27.966.852 von stoner3 am 25.02.07 22:09:58

Ja, da geb ich dir Recht, in der Vergangenheit lief der Wert (aus vorher angegebenen Gründen) mies und ich kann mir schon gut vorstellen, daß Altaktionäre die Nase voll hatten.

Allerdings kam eben dann 2004 das Lesotho Projekt und damit kann man EPD ab 2007 als Producer anzusehen.

Zusätzlich zu den damaligen Schwierigkeiten addierte sich der "normale" Durchhänger im Kurs eines Explorers, wenn es in Richtung Produktion, und es um alles oder nichts geht.
Darüber ist EPD meiner Meinung nach nun drüber weg.

[XIO]

Thema Lesotho, da kommt man an GEM Diamonds infotechnisch nicht vorbei.
nebenbei auch sehr interessant, was die so für Klunkern haben.
http://www.gemdiamonds.com/press-releases.asp
Also wenn EPD auch noch so ein paar Teile in ihren Lesotho Pipes findet,das wäre der Hit...gerade im Vergleich zur MK

[XIO]

[XIO]

Mittlerweile schon über ne Million Shares in London gehandelt.

[XIO]

Zum Handelsschluss noch ein fetter Trade mit 400.000 Stück :

[XIO]

Interessante Lesotho Seite und interessanter Artikel:

1. http://www.trc.org.ls/country.htm
2. http://www.minesite.com/nc/minews/singlenews/article/kimberl…

[XIO]

Antwort auf Beitrag Nr.: 27.966.852 von stoner3 am 25.02.07 22:09:58

@stoner3:
Der Chart und die Umsätze der vergangenen 2 Wochen macht einen guten Eindruck,
die letzten globalen Turbulenzen auf dem Aktienmarkt sind bei EPD ohne Feedback abgeprallt.

[XIO]

Antwort auf Beitrag Nr.: 28.143.116 von XIO am 06.03.07 12:32:00

0.165 British Pound = 0.24223 Euro

[XIO]

´Mining is straightforward truck and shovel and has been contracted to a local company. The total mining charge including diesel fuel costs is forecast to be 64 rand/tonne (US$10.24/t at Canaccord Adams’ South African rand forecast of 6.25/US$). Processing and tailings disposal is expected to cost an additional 38 rand/tonne (US$6.08/t), for total on-mine cash costs of 102 rand/tonne (US$16.32/t). Overheads are forecast at an additional 9.2 million rand (US$1.47 million) per year.´


bei 100 Tonnen gilt für die Satellite Pipe:
= 68 Karat a 100 Tonnen a 72 USD = 4.896USD Umsatz
= 1.630USD Kosten

4.896 abzüglich 1.630 = 3.266 Profit a 68 Karat pro 100 Tonnen

3.266 / 68 = 48 USD Profit pro Karat

Geplante Förderung nur Satellite Pipe 2006: 290.000Karat
290.000 x 48 = 13.920.000 USD Gewinn pro Jahr
(ohne Top Picks und Fancies)

MK EPD @ 16.5 Pence = ca. 24 Mio USD

Das Verhältnis von gegenwärtiger Marktkapitalisierung und voraussichtlichem jährlichem operationellen Profit aus der Satellite Pipe beträgt 2 : 1

Das davon etwas nach Finnland und in die Entwicklung der Main Pipe geht etc....ist auch klar.

[XIO]

Thema Lesotho:

Gem Diamonds Letseng sells white diamond
A 215 carat white diamond - uncovered at the large stone producing Letseng mine in Lesotho in January - has been sold for $8.3 million (61 million rand), according to a company statement.

The sale follows the $12.4 million sale of a 603-carat stone, The Lesotho Promise, rated the fifteenth largest ever found, in the second half of last year.

The latest sale works out to a per carat selling price of $38,418 for the D colour white diamond.

http://www.sundaytimes.co.za/Business/Article.aspx?id=405528

[German2]

na du Alleinunterhalter

bin hier auch schon über ein Jahr drin und hatte schon 70% Verlust ... so langsam kommt der Wert ja wieder auf die Beine und die Umsätze in London sind auch sehr vielversprechend, da es scheinbar nicht die Zocker sind die hier kaufen. Sehr wenig öffentliches Interesse bisher...

..nun, wenn erstmal die Feasibility der Main-Pipe fertig ist und die Produktion der Satelite-Pipe voll läuft (was sie jetzt eigentlich schon sollte) könnten wir schnell wieder die alten Hochs von 06 sehen..

billig ist der Wert allemal. Wie gesagt, die Produktion muss voll laufen damit man die Fixkosten überkompensiert. Letztes Jahr war grosser Mist aber die Probleme wurden angegangen und Besserung tritt Schritt für Schritt ein..

[XIO]

Antwort auf Beitrag Nr.: 28.172.658 von German2 am 07.03.07 20:00:24

Ich hab in London geordert und Du?

[XIO]

http://www.mining-journal.com/wms_magazine/pdf/WMS0703scr.pd…
(14MB)

http://www.mining-journal.com/company_profiles/pdf/EuropeanD…

[German2]

Antwort auf Beitrag Nr.: 28.182.844 von XIO am 08.03.07 13:57:41

damals in D

[XIO]

NS Number:9857S
European Diamonds PLC
15 March 2007

EUROPEAN DIAMONDS PLC

LESOTHO UPDATE


* Main Pipe Licence Agreement
* High Quality Type II a Diamonds Identified In Main Pipe
* Process Plant Improvements Nearing Completion


Main Pipe

European Diamonds Plc ("EPD" or the "Company") is very pleased to announce that
agreement has been reached between its 75% owned subsidiary, Liqhobong Mining
Development Company (Pty) Ltd ("LMDC") and the Government of Lesotho ("GOL") to
amend the mining licence covering its Open Pit mining operation at Liqhobong.

The amendment extends the mining area of the Satellite Pipe operation to cover
the adjacent 9 ha Main Pipe as well. The Main Pipe has previously been the
subject of an exploration and evaluation licence separate from the mining
licence for the Satellite Pipe.

The Company is continuing evaluation work on the Main Pipe with encouraging
results so far. In December 2006, a 27.7 carat clean D-colour stone was
recovered from the Main Pipe and sold in Antwerp for $750,000. This equates to
approximately US$27,000 per carat, which the Company believes to be the highest
price paid on a per carat basis from Lesotho at the time of sale. Several other
smaller high quality stones of between 11 and 23 carats were also sold (Press
Release dated 27 December 2006). The 27 carat stone is a Type IIa - often
characterised by high colour and low fluorescence - diamond fragment of a much
larger diamond which the Company is hopeful may suggest that similar large high
quality stones may be present in the Main Pipe. The scope of the Main Pipe
Pre-Feasibility Study (PFS) has been widened to take account of this
possibility, which has important implications for the overall valuation of a
possible Main Pipe mining operation.


Processing Plant Improvements

The installation of the new Fines DMS cyclone and the efficient conveyor system
in the existing diamond recovery plant as part of the extensive plant upgrades
undertaken over the Christmas and New Year period has been completed and both
systems are working well.

There have been some delays relating to the long lead-time necessary in
acquiring and fully commissioning the Metso WF200 tertiary crusher. The crusher
is now in place and an announcement will be made as soon as it is performing to
full specifications.

However the plant has continued to operate during this commissioning period and
the company expects to approach full target capacity of 60 tonnes per hour in
the near future, with full production targeting up to an estimated 290,000
carats annually as previously reported and as determined by the bottom size
cut-off setting.

Roy Spencer, the Company's CEO commented today, "This Main Pipe Licence
amendment is broadly on the same terms and conditions as currently apply for the
Satellite licence with the exception that the new licence now allows for a 20
year mining programme at Liqhobong. The holdings remain the same as with the
Satellite Pipe, with EPD holding a 75% interest and the GOL holding 25% in the
combined mine. In addition, the finalisation of the terms of the mining licence
allows us to broaden the scope and the flexibility of the proposed mining
operation at Liqhobong and considerably strengthens the PFS on which we are
presently working. The recent core drilling and bulk sampling has greatly
increased our geological knowledge of the Main Pipe and we are confident that
the PFS will indicate that a significant large scale diamond mine can be
constructed at the Main Pipe. The confirmation that we have the potential for
large high quality stones could have a very significant impact on the project
economics. All of the PFS results will be independently verified and we expect
to report the results during the second quarter of 2007".

Mr Roy Spencer, GSSA Member, FAusIMM, and Chief Executive Officer of European
Diamonds plc is a "qualified person" as defined under the AIM rules and a
competent person under the JORC reporting standards. This announcement has been
prepared under Mr. Spencer's supervision and all reporting is to JORC standards.


For further information contact:

Kerry Wells, European Diamonds plc: [phone]
Allan Piper, First City Public Relations: [phone]
Roy Spencer, CEO, European Diamonds: [phone]
James Cable, Finance Director, European Diamonds plc: [phone]
Mike Jones, Canaccord Adams Limited: [phone]

[German2]

Antwort auf Beitrag Nr.: 28.303.888 von XIO am 15.03.07 09:27:24

klingt ja sehr gut... es geht voran

[XIO]

RNS Number:5556T
European Diamonds PLC
23 March 2007
European Diamonds plc
(The"Company")
* Staffing & Management Update
* Board Appointment

23rd March 2007: The management of European Diamonds Plc (EPD) is pleased to
issue the following update on staffing and operational matters at the Company's
diamond mine site at Liqhobong, Lesotho.

Staffing

Mr Andrew Birnie, the Company's Chief Geologist and Project Manager-Liqhobong,
has joined the board of EPD and in addition, has been appointed to the position
of General Manager-Operations of Liqhobong Mining Development Company (LMDC),
the Company's subsidiary in Lesotho. Mr Birnie will be responsible for the
mining operation at Liqhobong and the on-going evaluation programme at the Main
Pipe.

As a further part of the Company's programme of strengthening of its
Lesotho-based management team, Mr John Amis has been appointed as General
Manager-Mining based at the Liqhobong mine site. Mr Amis is a senior mechanical
engineer with some 40 years of hands-on mining experience in Southern Africa
with a number of South African mining companies' including De Beers, Anglo
American and Gold Fields. Mr Amis will have responsibility for the day to day
mine site operation and will report directly to Mr Birnie.

Mr Stephen Lay, a very experienced British mining engineer, has accepted the
position of Consultant to the Company. Mr Lay has over 30 years of practical
mining and project experience in various parts of the world in addition to a
significant background in management and executive roles in a number of publicly
listed companies.

Mr Chris Sangster, the Company's General Manager since April 2006, has resigned
to pursue other mining related interests but will continue to have a role as a
consultant to the Company. Mr Sangster has recently been responsible for
supervising the Pre Feasibility Study (PFS) of the Main Pipe at Liqhobong and
will continue in this role.

The Company is also pleased to announce the appointment of the London-based
group, Enigma Consulting, as IR Consultant to the Company. Enigma will add an
important new and positive dimension to the Company's industry and investor
relations campaign.

Board Appointment

European Diamonds PLC ("EPD" or the "Company") announced today the appointment
of Mr Andrew Campbell Birnie as an executive director of the Company and General
Manager, Operations.

Andrew Birnie is the Company's Chief Geologist and has over 24 years of
experience as a geologist in the natural resource sector, mainly in diamond and
gold mining areas. For the last three years Mr Birnie has been responsible for
the development of the Liqhobong diamond project and bringing the project into
production. Mr Birnie holds a Bsc. (Honours Geology) from Monash University and
is a professional member of the Australasian Institute of Mining and Metallurgy
(AusIMM).

Mr Birnie currently holds Nil ordinary shares of the Company.

The Chairman of EPD, Mr. Buddy Doyle, commented, "these are welcome changes to
the management of the Company, which are a natural evolution of our growth. Mr.
Birnie in particular has been instrumental in creating our Lesotho operations
and his presence as a director will give the board easy access to his experience
and insights. Mr Amis and Mr Lay bring over 70 years of engineering experience
to the project and have already impressed by diving into the project with
enthusiasm and a 'can do' attitude. I would also like to express, on behalf of
the board, appreciation for Mr. Sangster's efforts. We look forward to his
continuation participation in the project to a lesser extent and every success
in his new venture."

The following information is provided in accordance with paragraph 17 and
Schedule 2(g) of the London Stock Exchange AIM Rules:

ANDREW CAMPBELL BIRNIE (Age 45)

a) has held within past 5 years the following directorships/partnerships:
Current
Director - Liqhobong Mining Development Company (Pty) Ltd
Director - Maluti Diamonds (Pty) Ltd.

Former
Nil

b) has no unspent convictions in relation to indictable offences;

c) has not had any bankruptcy order made against him or entered into any
individual voluntary arrangement;

d) has not been a director of a company which has been placed into
receivership, compulsory liquidation, creditors' voluntary liquidation,
administration or which has entered into any company voluntary arrangement
or any composition or arrangement with its creditors generally or any class
of its creditors, at the time of or within twelve months preceding such
events;

e) has not been a partner of any partnership which has been put into
compulsory liquidation, administration or entered into partnership
voluntary arrangements, at the time of or within twelve months preceding
such event; or

f) has not been publicly criticised by statutory or regulatory authorities
(including recognised professional bodies) or ever been disqualified by a
court from acting as a director of a company or from acting in the
management or conduct of the affairs of any company.


For further information contact:

Kerry Wells, European Diamonds [phone]

Allan Piper, First City Public Relations [phone]

Roy Spencer, CEO, European Diamonds: [phone]

James Cable, Finance Director, European Diamonds: [phone]

Mike Jones, Canaccord Adams Limited [phone]

Ryan Gaffney, Canaccord Adams Limited [phone]

[XIO]

Es schaut richtig gut aus.



http://www.proactiveinvestors.co.uk/articles/article.asp?EPD…

“European Diamonds has been having a torrid time of it lately.”

That’s how our last report on European Diamonds (EPD) began – and regrettably, the few months that followed our July overview were no less torrid.

Their diamond mine in the Lesotho mountains at Liqhobong continued to be beset by delays throughout the second half of the year. Consisting of 2 adjacent pipes, the producing Satellite and the Main pipe undergoing advanced exploration, the Liqhobong project had originally been forecast to produce 290,000 carats per annum from early 2005 onwards. But by late summer of 2006, the plant at the Satellite pipe was still only running at 50% capacity and struggling to cope with difficult ore conditions.

In July the company raised over £3 million, part of which was committed to plant upgrades, as later explained by EPD's CEO Roy Spencer: "Difficulties in simultaneously processing both the weathered near surface clay rich kimberlite and the deeper and harder fresh material required us to design, procure and install various additions to the diamond recovery system. Despite severe winter snowfall and long lead times for delivery of mining and processing equipment being experienced worldwide, we are making good progress towards full production.” It had also been decided at the same time to improve the recovery of smaller diamonds, which Antwerp sale data had indicated could be sold at economic prices.

Investors were not impressed by this continuing delay and the share price reflected their disappointment.

EPD did, nevertheless, serve up some substantial successes during the second half of the year. Test work and bulk sampling at the Main Pipe revealed that the K5 zone was far higher in grade than the original scoping study had estimated. By August, sampling was showing a grade of 27 cpht, and in November a 4,246 tonne bulk sample yielded a grade approaching 46 cpht, almost 3 times better than the 16.2 cpht indicated by earlier exploration. This data, added to the results of previous work, enabled financial, mining and recovery models to be integrated into the Scoping/Preliminary Feasibility Study which was well under way..

Successive sales of output from Satellite, and increasingly from the Main sampling effort, were steadily generating increasing income, culminating in the December 2006 sale when 11,608 carats were sold in Antwerp for US$2.17 million. The parcel included several of the fine, larger stones from the Main Pipe, one of which, the 27.7 ct Type IIa fragment discovered earlier in the year, fetched what Roy Spencer believes is the highest per-carat price ever paid for a Lesotho diamond. Given the prices paid for the prodigious stones discovered regularly at the Letseng mine, this is highly encouraging. Even the run of mine stones fetched over $70 per carat, and the high-colour whites from Main and Satellite’s fancy yellows are beginning to gain a following.

Finally, on 15 March the company were able to say that Satellite is now close to reaching its target output following completion of most of the plant upgrades, with only a new crusher (already on site) remaining to be commissioned. A new 20 year mining licence for Liqhobong has been negotiated with the Lesotho Government and now covers both pipes – instead of just Satellite – with the Government retaining a 25% interest. Work is progressing apace on the Main pipe prefeasibility study, and the presence of rare Type IIa diamonds has now definitely been confirmed, suggesting high potential for larger, more valuable stones, which would increase both grade and value per carat. The outcome of the pre-feasibility study is due in the second quarter and may show a substantial advance on the original production forecast. All being well, the company will proceed to a full feasibility study during 2007/8, which, if favourable, could lead to production by early 2009.

So are the delays and dilution a thing of the past? It looks like a fair assumption. The share price has recovered ground since its all time low in November, as canny investors begin to see the long term prospects masked by all the delays. EPD aren’t quite out of the woods yet, but with a secure mining licence and ample evidence of high quality, saleable diamond production, at just £13.5 million market cap, European Diamonds have a better risk/reward ratio now than they have ever had.

At Liqhobong, the surprises produced by Main pipe have disrupted the original financial forecasts. But from Satellite alone, EPD’s 75% share of the base-case cashflow should bring in £2.5 million pre-tax in a year of full production. Now that Main pipe sampling output is being blended for sale with the Satellite diamonds, revenue could increase rapidly, particularly if run of mine sales can sustain the $70 per carat achieved in December.

If all goes well in the next few weeks, EPD will at last be funded – albeit two years late - to pursue their dream of producing a million carats a year from their mountain-top eyrie in the middle of Africa

[XIO]

viele kleine Schritte...
Ich denke, Lesotho wird zunehmend als Standort interessanter.

[XIO]

[XIO]

0.17 British Pound = 0.25123 Euro

[XIO]

Antwort auf Beitrag Nr.: 28.497.463 von XIO am 26.03.07 12:50:30

0.175 British Pound = 0.25862 Euro

[German2]

Antwort auf Beitrag Nr.: 28.503.210 von XIO am 26.03.07 17:21:38

wunderschön wie sie nach oben schleicht.... und noch ist hier kaum jemand dabei

..gab heut einen netten Blocktrade über 500000 Stück

[XIO]

EPD bereitet grosse Freude
London startet mit +19%

Die Mine wird immer besser!!!


European Diamonds Interim Resource Statement

RNS Number:7576T
European Diamonds PLC
27 March 2007


EUROPEAN DIAMONDS PLC
(The "Company")

Interim Resource Statement

LESOTHO UPDATE

* Significant Diamond Resource Confirmed in First 45 meters

* US$265 million gross value excluding large stone potential

27th March 2007: European Diamonds Plc ("EPD" or the "Company") has pleasure in
reporting the first resource statement from the near surface portion of the Main
Pipe Kimberlite at the Company's flagship diamond project at Liqhobong in the
Kingdom of Lesotho.

The near surface Indicated Diamond Resource (IDR) to 45 meters below surface,
contains approximately 13.4 million tonnes of kimberlite with a recovered grade
of 0.283 carats per tonne (cpt) with a stone value of US$70 per carat. This
represents a gross diamond value of some US$265 million.

The interim resource statement has been carried out by specialist independent
diamond geological and mining consultancy Geocontracts Botswana (Pty) Limited
(Geocontracts"). Dr Leon RM Daniels Ph.D, MAIG, who has over 30 years of
experience in all aspects of diamond exploration, mining and recovery, prepared
the interim resource statement.

The statement was prepared according to the Definitions and Guidelines for the
CIM Standards on Mineral Resources and Reserves of the Canadian Institute of
Mining, Metallurgy and Petroleum (CIM Standards).

The IDR was referenced on over 7600 meters of drilling, approximately 30,000
tonnes of bulk sampling, which recovered 9014 carats, some 5.1 tonnes of
microdiamond analyses together with 5 separate independent stone valuations on a
total of 6990 carats of run of mine diamonds recovered from the Main Pipe during
2006. None of these valuations included the 27.7 carat stone produced from the
Main Pipe in December 2006 and which sold for over US$27,000 per carat (press
releases dated 27 December 2006 and 15 March 2007).

Roy Spencer, the Company's CEO commented today that "We are delighted with this
strong independent confirmation to CIM Standards that the Main Pipe at Liqhobong
contains a valuable diamond resource in these near surface parts of such a large
kimberlite. Quite obviously, the potential of the Main pipe does not stop at
this near surface level and the PreFeasibility Study (PFS) that we are in the
last stages of preparing will address much of the deeper parts of the pipe below
this level. It should be noted that the kimberlite is known to exist down to 650
meters from surface.

We continue to increase our confidence in the geological model which has been
developed for the Main Pipe and expect that the PFS will indicate that a much
larger resource exists here.

Meanwhile we continue to approach full scale production from the 400,000 tonne
per annum Satellite Pipe Mine and diamond recovery plant.

...................................................................

European Diamonds finds diamond deposits worth 0.283 carats/tonne at Liqhobong

LONDON (AFX) - European Diamonds PLC said it has found diamond deposits of
0.283 carats per tonne worth 70 usd per carat at its flagship diamond project at
Liqhobong in Lesotho, Africa.
The company added that this represents a gross value of about 265 mln usd,
and the estimate comes from kimberlite found 45 metres below surface.
"The potential of the main pipe does not stop at this near surface level
and the prefeasibility study that we are in the last stages of preparing will
address much of the deeper parts of the pipe... It should be noted that the
kimberlite is known to exist down to 650 meters from surface," said chief
executive Roy Spencer.

[XIO]

[XIO]

0.2075 British Pound = 0.30660 Euro

[German2]

schön, das dieses fast abgeschriebene investment jetzt so inds laufen kommt. ... die produktion läuft, die Mainpipe ist wohl ein Volltreffer. Es scheint so als ob es EDR geschafft hat. Jetzt steht noch die Feasibility-Studie an. Dann haben wir Luft für ganz andere bewertungen..

[German2]

The near surface Indicated Diamond Resource (IDR) to 45 meters below surface,
contains approximately 13.4 million tonnes of kimberlite with a recovered grade
of 0.283 carats per tonne (cpt) with a stone value of US$70 per carat. This
represents a gross diamond value of some US$265 million.


...und das nur bis 45 Meter Tiefe. Extremes Potential hier. Wenn man dann noch ein paar grosse Steine findet wird das eine Cash-Cow.
Der grosse Stein von Dez06 brachte 27000$ pro Karat. Im Schnitt rechnet man bmit 70$...

[XIO]

EPD ist der Diamond Play 2007/2008 mit dem man seine 100% fast garantiert bekommt.
Sobald die 30 Pence fallen, ist dies bei mir der Fall.
Und selbst dann ist die MK nicht zu hoch.
Gerade mir Blick auf die neuen Perspektiven.
1 Mio Karat im Jahr Produzieren bedeutet 2700 Karat pro Tag!!!

[XIO]

ist auch ne Meldung auf MiningMX wert
http://www.miningmx.com/wts/723183.htm

[XIO]

European Diamonds Disclosure of share interests

EUROPEAN DIAMONDS PLC

ANNOUNCEMENT

29 March 2007

Disclosure of share interests

The Company was notified on 28 March 2007 that

1. RAB Capital Plc, acting as investment manager for a number of commingled funds, hold in aggregate 10,900,000 ordinary 5p shares representing approximately 13.05% of the issued share capital; and

2. Firebird Global Master Fund Ltd and Firebird Global Master Fund II Ltd, being funds under the control of James Passin hold in aggregate 2,561,500 ordinary 5p shares representing approximately 3.07% of the issued share capital.

The current issued share capital of the Company is 83,536,283 ordinary shares of 5p each.

For further information please contact:

James Cable - Finance Director and Company Secretary European Diamonds PLC 22 Grosvenor Square London, W1K 6LF Tel: [phone] Fax: [phone] e-mail: [e-mail] website: www.europeandiamondsplc.com

[German2]

Antwort auf Beitrag Nr.: 28.559.726 von XIO am 29.03.07 13:03:34

die ersten Fonds sind bereits drin.. wir sollten die 20 pence in Lndon bald hinter uns lassen

[XIO]

Alles bestens

European Diamonds Half-yearly report
http://www.advfn.com/news_Half-yearly-report_20028315.html
Date : 30/03/2007 @ 08:03
Source : UK Regulatory (RNS and others)


European Diamonds Half-yearly report

European Diamonds PLC

PRESS RELEASE

30 March 2007 HIGHLIGHTS OF OPERATIONS *

Sales of rough diamonds of $3.1 million in the period, including sale of a 27.7 carat stone at $27,000 a carat *

Satellite Pipe Mining Agreement extended to include Main Pipe *

Main Pipe Interim Indicated Resource Statement shows 13.4m tonnes of kimberlite, with gross sales value of $265 million in first 45 metres *

Main Pipe Pre-Feasibility Study progresses, expected to be finalised in April 2007

Interim Report for the six months ended 31 December 2006

Lesotho Satellite Pipe Production at the Liqhobong mine site has continued through the reporting period. To the end of 2006, a total of 139,000 tonnes of kimberlite had been processed through the Satellite plant for recovery of approximately 60,000 carats of diamonds. This tonnage includes material from the Main Pipe processed for bulk sampling purposes.

The open pit mining of the Satellite Pipe has now progressed into the hard un-weathered blue ground. Whilst this has removed the processing challenges always associated with the soft clayey near-surface kimberlite, the hard ore has been testing the plants crushing circuit.

The plant upgrades initiated during late 2006 to enhance processing efficiencies are well in hand with the new fines DMS cyclone and conveyors now having been installed and commissioned. The new Metso tertiary crusher is however still in the commissioning phase but this should be completed by the end of April 2007.

The Government of Lesotho ("GOL") has signed an amendment with the local operating company, Liqhobong Mining Development Company ("LMDC"), to amend the existing Mining Agreement. The amendment extends the mining area of the Satellite Pipe operation to cover the adjacent 9 ha Main Pipe. The Main Pipe had previously been the subject of an exploration and evaluation licence separate from the mining licence for the Satellite Pipe. In the short term, this amendment will allow the production team to add small amounts of softer Main Pipe material to the processing facility on an as needs basis to balance hard and soft ore as the mining contractor develops the walls of the final open pit outline at the Satellite Pit.

In the medium term, the amendment allows for the full scale mining of the Main Pipe over a 20 year period, largely along the same terms and conditions that presently apply to the Satellite operation.

In the 6 month period to 31 December 2006, two tender sales of rough diamonds were conducted in Antwerp, Belgium and a total of 30,000 carats were sold for a total revenue of £1.6 million ($3.1 million). In the first quarter 2007 22,000 carats were sold for a total revenue of £0.5 million; this brings the total sales made in Antwerp to £2.7 million since the start of 2006. As sales develop on an approximate 5 weekly basis, the Company will report sales on a quarterly basis. A highlight during the period was the sale in December 2006 which realised £1.1 million ($2.17 million) and which included the sale of a 27.7 carat high D colour diamond for approximately U$27,000 per carat, at the time a record for a diamond from Lesotho.

The Company is investigating bringing to the site grid electricity and a survey of the route for the proposed power line to site commenced in the period. This survey is expected to be completed by the end of 2007.

Significant enhancements to the staffing levels both at LMDC and the Company were implemented in early 2007, including the appointment of Andrew Birnie as General Manager, Operations and as a director of the Company and a new mine manager at Liqhobong.

Main Pipe During the period the Company announced formal metallurgical bulk samples collecting a total of 20,300 tonnes of near surface K5 kimberlite which achieved a grade of 0.26 carats per tonne ("cpt"), 4,246 tonnes of K5 kimberlite at depth with a recovered grade of 0.46 cpt and some 5,560 tonnes of combined K2 and K4 kimberlite which achieved a grade of 0.29 cpt. These latter results are very encouraging and compare to a grade of 0.17 cpt derived from the processing of 12,000 tonnes of similar near surface kimberlite in 1998 by the previous licence holders.

Dr L. Daniels of Geocontracts Botswana (Pty) Limited has been commissioned to prepare a formal resource statement for the Main Pipe to Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") standards and this document is scheduled to be available by the end of April. An Interim Indicated Resource Statement authored by Dr. Daniels was published in March 2007 showing 13.4 million tonnes of kimberlite with a grade of 0.268 cpt independently valued at $70 per carat for a gross value of $265 million. The Company believes that the potential of the Main Pipe does not stop at the near surface level and the Pre-Feasibility Study ("PFS") that is in the last stages of preparation will address much of the deeper parts of the pipe below this level. The kimberlite is known to exist down to 650 metres from the surface. The Company continues to increase its confidence in the geological model which has been developed for the Main Pipe and expects that the PFS will indicate that a much larger resource exists there.

Finland As noted in the 2006 Annual Report, the Company significantly scaled down its exploration activities in order to concentrate its resources on the Lesotho operations. Although no substantial work has been undertaken during the reporting period, further sampling was undertaken at the end of the first quarter 2007 in Area 3 to determine the size of the kimberlite at Area 3 and locate nearby bodies.

Financial The interim unaudited consolidated financial statements for the six months ended 31 December 2006 are attached.

The consolidated net loss for the six months ended 31 December 2006, after taxation, was £1.9 million (loss per share 2.3p) compared to the consolidated net loss of £2.6 million (loss per share 4.95p) for the same period last year. The consolidated loss for the period is after expensing £176,000 in respect of the fair value of share options issued (2005 - £138,000) following adoption of FRS 20 regarding share based payments from July 1, 2006. The loss has reduced over the comparative period due to increased sales of rough diamonds, which the Company expects to continue.

The Company's main source of income during the period was from the sale of rough diamonds, amounting to £1.6 million (2005 - £0.05 million). The increase over the corresponding period last year was due to higher production from the Satellite Pipe.

The tangible assets of £5.4 million in the consolidated balance sheet at 31 December 2006 (2005 - £9.3 million) represent primarily the cost of the mine at Liqhobong, Kingdom of Lesotho, after depreciation and differences on exchange.

The intangible assets of £7.6 million in the consolidated balance sheet at 31 December 2006 (2005 - £6.9 million) represent accumulated deferred exploration and evaluation costs in respect of the Company's activities in Finland and exploration of the Main Pipe at Liqhobong. The Company's accounting policy in respect of these costs is to capitalise them pending determination of the feasibility of the project to which they relate.

Net current assets in the consolidated balance sheet at 31 December 2006 were £1.2 million (2005 - £0.2 million), primarily consisting of cash of £1.3 million (2005 - £0.5 million).

Financial reporting standards require the directors to determine the fair value of assets and liabilities acquired by the Company and make adjustments where deemed appropriate.

In July 2006, the Company completed a private placing of 21 million ordinary shares at 15p per share with institutional and other investors to raise £3.15 million. As part of the placing the Company also issued 21 million free warrants to the placees, which are exercisable into ordinary shares at a price of 25p per ordinary share at any time up to 17 July, 2009.

Buddy J Doyle Roy Spencer Chairman Chief Executive Officer

[XIO]

[XIO]

European Diamonds is currently working on a listing in Toronto

http://www.miningmx.com/diamonds/741275.htm



Roy Spencer, CEO, European Diamonds

Liqhobong may get JSE debut
David McKay
Posted: Mon, 02 Apr 2007

[miningmx.com] -- AMONG existing and new mining listings on the JSE, there’s a dearth of diamond companies actually producing stones. Trans Hex is one. The others are explorers. So it’ll be interesting to see whether Roy Spencer, CEO of AIM-listed European Diamonds, opts for a Johannesburg listing.

“No doubt the company will be multi- or dual-listed,” said Spencer. Following nine meetings with South African institutions last week, he described half of them as supportive, and seemed impressed with the interest.

“Several groups would like to be involved [in a listing].” European Diamonds is currently working on a listing in Toronto.

Spencer has been a diamond miner – specifically kimberlites – for 40 years after leaving high school in Durban at 18. He worked in Australia and has developed some of that accent and even professes love for its cricket team. But he’s unmistakeably South African. The mine he’s running for European Diamonds – Liqhobong – is in Lesotho.

Liqhobong has been kicking around for years. Like Letseng – the Lesotho diamond mine bought and listed in London by Clifford Elphick’s GEM Diamonds – Liqhobong spent time gathering dust. European Diamonds is currently producing around 20,000 carats/month from the mine, with plans for an expansion.

“They’re not wonderful stones. But they’re not rubbish either. I can sell them any day of the week,” said Spencer of Liqhobong’s output.

The plan is to spend R570m to R850m expanding Liqhobong. But European Diamonds has first to publish a pre-feasibility study that will show the need for a R50m power line (not easy), with resources down to R300m. They’ll also be a need for R14m to R15m to develop a full feasibility study.

European Diamonds, as it name suggests, has a prospect in Finland, but Spencer said the immediate future for the group partly lies in Lesotho. He has no plans to consider diamond exploration in either the Democratic Republic of Congo or Angola. “Those are for the majors,” he said

[XIO]

18.25 British Pound = 26.95119 Euro

[XIO]

http://www.minesite.com/nc/minews/singlenews/article/europea…

April 03, 2007
European Diamonds Hots Up The Pace In Lesotho And Finland


For some time European Diamonds has had a bit of a credibility problem but, judging by the fact that the shares have now just about doubled since last November, the worst may be over. Certainly the latest news about the first resource estimate from the near surface portion at the Main Pipe on the Liqhobong project in Lesotho should keep things moving in the right direction. This indicated resource was only estimated to 45 metres below surface and, as Roy Spencer the chief executive points out, the kimberlite is known to be 650 metres deep so there must be a lot more to come. Not, he points out, that European Diamonds will be able to mine down that far, but something between 250 metres and 300 metres should be possible.

The resource amounts to around 13.4 million tonnes of kimberlite material with a recovered grade of 0.283 carats per tonne with an average value of US$70/carat with a stone value of US$70 per carat. This represents a gross diamond value of some US$265 million. excluding large stone potential, but not too much should be read into this until it is known if the mining will be economic. Probably a more reliable indication is that it puts a value of US$19.8 on every tonne of ore processed, but whichever way you look at it, it is worth remembering that this value takes no account of the recovery of large stones which sell for much higher prices and are expected to occur at fairly regular intervals.

The indicated resource to CIM Standards was referenced on over 7600 meters of drilling, approximately 30,000 tonnes of bulk sampling, which recovered 9,014 carats, some 5.1 tonnes of microdiamond analyses together with 5 separate independent stone valuations on a total of 6990 carats of run of mine diamonds recovered from the Main Pipe during 2006. None of these valuations included the 27.7 carat stone produced from the Main Pipe in December 2006 and its sale price of over US$2,700/carat bears out the comment already made about large stones. Roy Spencer also makes the point that recent diamond sales have confirmed that the price for smaller stones is now starting to rise so this should underpin the value of US$70/carat.

A pre-feasibility study is now nearly finished and it will take a look at the deeper parts of the pipe. It should confirm the existence of a much larger resource as European Diamonds is confident of the geological model which has been developed for the Main Pipe. Meanwhile production has continued from the Satellite Pipe and at the end of 2006 60,000 carats of diamonds had been recovered from 139,000 tonnes of kimberlite. This does not give a true picture of grade, however, as the tonnage also included material taken from the Main Pipe for bulk sampling. Nevertheless the company continues to approach full scale production from the 400,000 tonne per annum Satellite Pipe Mine and diamond recovery plant and has recently made some upgrades to the plant to cope with the change from soft clayey surface kimberlite to hard blue ground.

Looking ahead the Government of Lesotho has signed an amendment to the existing Mining Agreement which extends the mining area of the Satellite Pipe to include the Main Pipe. This means that in the short term the hard kimberlite material can be diluted with softer material from the Main Pipe as the mining contractor develops the walls of the final open pit outline at the Satellite Pit. It also means that both projects can now move to full scale mining over a 20 year period. As a result European Diamonds is investigating the possibility of bringing grid electricity to the plant and a route for the power line is currently being surveyed.

When European Diamonds listed on AIM about five years ago it was so-called to emphasise that its focus was on diamonds in Finland. Lesotho has taken up the running, but the Finnish diamonds have not gone away. In the recent interim report the company says that it has recently been carrying out further sampling to determine the size of the kimberlite at Area A and locate nearby bodies. A sixth sense tells old Minews that there should be some good news from Finland in the coming weeks and investors should certainly look out for the results of the pre-feasibility stdy on the Main Pipe in Lesotho.

[XIO]

A sixth sense tells old Minews that there should be some good news from Finland in the coming weeks and investors should certainly look out for the results of the pre-feasibility stdy on the Main Pipe in Lesotho.

[XIO]

Habe meine Position in EPD in London heute verdoppelt.
So eine kleine Firma und sooo viele Karat..super.
1 MIO ab 2008!!! 300.000 2007. Mainpipe Average Price 72USD ohne Fancies und die grossen Klunkern.
14 Mio BP Marktkapitalisierung
potentieller Übernahmekandidat




http://www.resourceinvestor.com/pebble.asp?relid=30733

Letseng Triggers Diamond Rush in Lesotho

By Charlotte Mathews
10 Apr 2007 at 10:57 AM GMT-04:00

JOHANNESBURG (Business Day) -- The discovery of several high-value gems in Lesotho at the Letseng Diamond Mine has prompted at least another four companies, one of which is South African-owned, to start exploring or building mines in the country in the past two years.

The latest development, reported by the West Australian in January, was that Australian businessman Alan Bond, who describes himself as a consultant to Lesotho Diamond Corporation, said Lesotho Diamonds had managed to raise privately the initial $25 million it needed to start building a mine at Kao, northeast of Maseru. According to operators near Kao, there has been some excavation activity and a plant has been ordered.

There had been talk of quoting Lesotho Diamond Corporation on London’s Alternative Investment Market (AIM) three years ago, but those plans did not proceed, and there was a later suggestion it might list in Toronto. Bond said that since the prelisting share placement had raised the necessary funds, a listing in Toronto could occur by the middle of the year, but there was no urgency at this point.

The Kao mine was targeting production of 740,000 carats a year at full production over a 25-year life, which would make it the biggest foreign exchange earner in Lesotho, according to a company document quoted by the West Australian.

This compares with Gem Diamonds’ Letseng mine, which has been producing 50,000 carats a year, but, with fresh investment under its new owners, it plans to double that to about 100,000 carats a year. A source acquainted with Lesotho’s diamond resources said that although Letseng’s carat production was lower than that projected at Kao, the average dollar value of its stones was probably 10 times that of Kao. But as scarcity of run-of-mine stones was expected to increase in the next year, this could help to improve Kao’s profitability.

Gem Diamonds [LSE:GEMD] listed on the London Stock Exchange main board in mid-February, with an initial market capitalisation of £550 million (US$1.085 billion), only a few months after buying the stakes in the Letseng mine held by JCI and Matodzi for R879 million (US$123 million).

The reopening of the Letseng Mine by entrepreneur Brett Kebble, who headed JCI before his death, and the almost immediate discovery of four diamonds weighing a total of 366 carats, caught international attention in December 2004. In October last year, Letseng turned up a 603-carat white stone, the 15th-largest found in the world.

A second diamond mine that has been operating in Lesotho since last year and has made some significant discoveries is Liqhobong, which is owned by AIM-quoted European Diamonds. In December, a 27.7- carat diamond was recovered from Liqhobong’s main pipe and sold in Antwerp for $750,000.

European Diamonds [AIM:EPD] CEO Roy Spencer says the building of Lesotho’s Katse Dam in the 1990s improved the country’s infrastructure and Liqhobong is within 34 km of a tarred road, though it is still remote.

The government of Lesotho, in common with many other countries, levies a royalty on diamonds and requires participation in local diamond mines, which in Liqhobong’s case is a 25% stake. Lesotho has modernised its mining legislation and European Diamonds has found government bureaucrats helpful. There are almost no historical exploration data available for Lesotho, other than some work done by De Beers (the previous owner of Letseng) in the 1960s and by the United Nations in the 1980s. European Diamonds has applied for prospecting rights on a 2000 km² area where it hopes to receive a licence in the next few months.

Two other companies exploring in Lesotho are Angel Diamonds, which is 80%-owned by JSE-listed Thabex Exploration [JSE: TBX], and Motapa Diamonds [TSX-V: MTP], which is listed on the TSX Venture Exchange.

Angel Diamonds is exploring the Kolo pipe, which insiders say has the potential to offer big stones, but the capital costs of building a mine there might be too high. The area was previously exploited by retrenched mineworkers and yielded about 7,500 carats, of which about 10% were stones bigger than 10 carats.

In its latest interim report, Thabex said Angel Diamonds had started to repair a 4 km road to the Kolo prospect to move plant and equipment. Processing of diamond-bearing material was expected to begin in the first quarter of this year.

Motapa Diamonds said two weeks ago it had begun an $8 million, two-phase bulk-sampling programme to evaluate the economic potential of its Mothae kimberlite prospect, 6.5 km northwest of Letseng. Evaluation of the diamonds would require a large sample of between 100,000 and 150,000 tonnes.




http://www.minesite.com/nc/minews/singlenews/article/recomme…

[XIO]

Heute wieder starker Umsatz zum Schluss und: Kein Einziger Trade ins Sell verkauft ..das gabs noch nie!!!



BFS für Mainpipe wird unmittelbar erwartet.
(Satellite Pipie produziert ja bereits)

300.000 Karat in 2007...1 Mio in 2008... von einer kleinen Mine irgendwo in Lesotho

[XIO]

[XIO]

Wunderbar

[XIO]

0.19 British Pound = 0.28015 Euro

[XIO]

Kursziel: 0.35 British Pound = 0.51607 Euro

[German2]

steigt heut in London mit sehr hohen Umsätzen ... die kleine korrektur scheint vorbei zu sein

[German2]

lustig ist, das hier in D fast keine Umsätze sind ... der Kurs wird völlig beliebig getaxt ... wenigstens ist das bid jetzt etwas höher

[XIO]

Antwort auf Beitrag Nr.: 28.970.530 von German2 am 24.04.07 14:24:16

Sag mal, sind wir die einzigen... kann doch nicht wahr sein.. so ein feiner Wert

[XIO]

Gerade mal aus dem ADVFN Board geklaut... so isses:
EPD wird einer der besten Diamond Plays 2007/2008, Lesotho ist die Optimale Mischung aus Mineralisierung,Qualität,Kosten und gesellschaftlichem Umfeld.


Taking a rather longer-term view than Master RSI we can see that the sp has fallen from a high of 220p in 2002 down to 10p in Nov 06. The current up-trend is therefore only about 5 months old but the trend is running at around +18p pa - so a possible target of 30'ish by the end of 2007.

If we look at the fundamentals, a full delivery of output from Satellite could achieve an EPS of 4p by year end with (maybe) a conservative target of 38p/share. So the TA and fundamentals could well correlate over the short term.

IF main lives up to expectation then it would not be unreasonable to project an EPS of 21p by 2010 which leads to a possible sp in the 200p area. This would (in TA terms) provide a rather nice 'cup' formation on the chart and would also provide an argument for agreement between TA and fundamentals.

[XIO]

Heute schon mal ein Vorgeschmack

Steigerung Karat pro Tonne bei der Mainpipe um satte 36% gegenüber dem Vorjahr


Liqhobong Main Pipe Bulk Sampling Update

The management of European Diamonds PLC (EPD) is pleased to announce the
following update on the processing of bulk samples collected from the Main Pipe
at its Liqhobong diamond mining operation in Lesotho.

As part of EPD's on-going evaluation programme of the Main Pipe, and as the
table provided below shows, the Company's 75% owned subsidiary Liqhobong Mining
Development Company (LMDC) has mined a further 13,800 tonnes of kimberlite from
the Main Pipe. This material was processed during the period from 9th February,
2007 to 15th March, 2007, through the nearby Satellite DMS recovery plant and
recovered approximately 5,685 carats.

Year Tonnes Mined Total Carats Grade (cpt)
Recovered
2006 30,120 9,013 0.30
2007 (YTD) 13,861 5,685 0.41
cpt = carats per tonne
Roy Spencer, the Company's CEO has noted that 'the increase in grade from last
year to this, reflects, amongst other items, improved efficiencies as a result
of the plant upgrade we introduced late last year.

Bulk sampling will continue through the year as the Pre-Feasibility Study (PFS)
provides guidance for the bulk sampling programme from a geological perspective.
A first draft of the PFS is currently under review by the independent geologists
.

The grades provided in this and previous press releases (7th November & 9th
August, 2006) should be considered in terms of the diamond value of US$70 per
carat from Geocontracts Ltd for inclusion in the Interim Resource Statement (see
Press Release 27th March, 2007). It should be noted that this stone value does
not take in to account any of the higher value stones reported in the 27th
December press release nor any potential increase in diamond values into the
future.

As a result of timing issues, the differences in grades noted above have not
been used in the PFS.

These results are further evidence that the Main Pipe is developing into a very
important diamondiferous kimberlite.'

[XIO]

Gestern +9,8 und heute +/- 0 bei hohem Umsatz...kein "üblicher" Rücksetzer.
Das stimmt weiter optimistisch.

[German2]

Antwort auf Beitrag Nr.: 29.002.786 von XIO am 25.04.07 21:20:57

da rückt scgon die 21 p ins Visier..

[XIO]

Momentan gibt es nur Blue Sky..nichtmal der Ansatz einer Wolke, die die Stimmung trüben könnte.
Wenn dieses Jahr der Kurs nicht mindestens auf .030 bis 0.35 brit. Pence geht, fress ich nen Besen.

[XIO]

Antwort auf Beitrag Nr.: 29.010.868 von German2 am 26.04.07 10:51:41

0.21 British Pound = 0.30844 Euro

[XIO]

Antwort auf Beitrag Nr.: 29.011.031 von XIO am 26.04.07 11:00:57

Gerücht:

DMelon - 14 May'07 - 10:03 - 2743 of 2751

there has been a placing at 20p with 2 warrants for 1 ordinary share. warrants exercisable up to 17th July 2009 with 1 share for 2 warrants @ 30p. walker cripps have completed their allocation which came direct from the company. this is as per a call i made to walker cripps.
http://www.advfn.com/cmn/fbb/thread.php3?id=12289805&from=27…

[Plotin]

+10% in London ... what's up?

[Plotin]

soso:
+++++
Tue May 15, 2007
Disclosure of Share Interests
The Company was notified today that following recent sales, RAB Capital Plc, acting as investment manager for a number of commingled funds, hold in aggregate 7,200,000 ordinary 5p shares representing approximately 8.62% of the issued share capital.

The current issued share capital of the Company is 83,536,283 ordinary shares of 5p each.


For further information please contact:

James Cable - Finance Director and Company Secretary
European Diamonds PLC
22 Grosvenor Square
London, W1K 6LF
Tel: [phone]
Fax: [phone]
e-mail: [e-mail]
website: www.europeandiamondsplc.com

[XIO]

http://www.advfn.com/p.php?pid=nmona&cb=1179395656&article=2…

European Diamonds Lesotho Update
Date : 17/05/2007 @ 08:00
Source : UK Regulatory (RNS and others)
Stock : European Diamonds (EPD)
Quote : 21.25 1.5 (7.59%) @ 09:16
<< Back Quote Chart Trades Level2


European Diamonds Lesotho Update

RNS Number:7081W
European Diamonds PLC
17 May 2007




EUROPEAN DIAMONDS PLC
(The 'Company')

Updated Resource Statement

LESOTHO UPDATE



*Diamond Resource of Main Pipe Extended to 130 metres


*US$591 million in-situ value excluding large stone potential


*Satellite Plant now operating at full capacity


17th May 2007: European Diamonds Plc ("EPD" or the "Company") and its 75% owned
subsidiary Liqhobong Mining Development Company (LMDC) is pleased to announce an
updated resource statement for the Main Pipe Kimberlite at the Company's
flagship diamond project at Liqhobong in the Kingdom of Lesotho with an update
on the Satellite Plant.

Main Pipe
The updated resource statement has again been carried out by specialist
independent diamond geological and mining consultancy Geocontracts Botswana
(Pty) Limited ("Geocontracts"). Dr. Leon RM Daniels Ph.D, MAIG, who has over 30
years of experience in diamond exploration, mining and recovery, prepared the
resource statement. The statement was prepared according to the Definitions and
Guidelines for the CIM Standards on Mineral Resources and Reserves of the
Canadian Institute of Mining, Metallurgy and Petroleum (CIM Standards) and is
based on data collected during 2006.

The Main Pipe resource was calculated to 130 metres from surface and is made up
of 2 sections. Firstly, a revised Indicated Diamond Resource (IDR) to 45 metres
from surface, which now contains approximately 13.99 million tonnes of
kimberlite with a recovered grade of 0.282 carats per tonne (cpt) and a stone
value of US$70 per carat (pct) (Press Release dated 27/03/07). Secondly, the
updated resource statement extends the diamond resource from 45 to 130 metres as
an Inferred Diamond Resource (IFR) containing approximately 16.37 million tonnes
of kimberlite with a slightly reduced (due to dilution) recovered grade of 0.275
cpt also with a stone value of US$70 pct.

The calculated resource is thus estimated, at this stage, to contain a total of
30.4 million tonnes of kimberlite and 8.44 million carats of diamonds, which
represents an in-situ diamond value of US$591 million to 130 metres from
surface. Additional information relating to production costs will be established
by the Pre Feasibility Study.

It should be noted that none of the stone valuations in the resource statement
include the three large, high quality stones between 15 and 27.7 carats produced
from the Main Pipe in December 2006 and which sold for up to US$27,000 per carat
(press releases dated 27 December 2006 and 15 March 2007).

The IDR and IFR were referenced on over 7,600 metres of drilling, approximately
30,000 tonnes of bulk sampling (which recovered 9,014 carats), some 5.1 tonnes
of microdiamond analyses and 5 separate independent stone valuations on a total
of 6,990 carats of run of mine diamonds recovered from the Main Pipe during
2006.

Satellite Diamond Plant
The Satellite Diamond Plant is now capable of production at its rated capacity
of 400,000 tonnes per annum. Full production from the Satellite open pit will
continue to be subject to the processing of lower grade Main Pipe material in
addition to the higher grade Satellite ore, as is operationally appropriate and
as the Main Pipe bulk sampling programme requires.

Roy Spencer, the Company's CEO commented today that "Geocontracts also notes
that the Main Pipe has been drilled down to 650 metres from surface and is still
open at this depth. We know that the pipe at 150 metres from surface has an area
of approximately 7.6 hectares (ha) and at 300 metres from surface approximately
5 ha, thus the Directors of EPD believe it is reasonable to assume that there is
some additional potential below the 130 metre level that will be addressed over
the coming months. Further supporting this assumption, the Scoping Study
prepared for MineGem Inc. by Fluor Daniels Southern Africa in 1997 (Press
Release 9th August, 2004), suggested that an open pit operation based on the
Main Pipe could go as deep as 350 metres from the surface.

It should also be noted that this resource estimate statement does not include
the K6 zone which makes up approximately 5% of the volume of the kimberlite to
this depth and for which there is at present no grade data".

[XIO]

Marketkapitalisierung 17 Mil. Br. Pound

und das bei 400.000 Karat im Jahr allein von der Satellite Pipe

Mahlzeit. oder besser gesagt : AUFWACHEN

[ArmerThor]

Mußt Du denn gleich so rumbrüllen?
Ich bin doch schon längst dabei und die Aussichten sind mehr als gut.Lassen wir uns überraschen,was die Main-Pipe noch bringt.

[XIO]

Antwort auf Beitrag Nr.: 29.355.915 von ArmerThor am 17.05.07 12:38:54

[XIO]

Antwort auf Beitrag Nr.: 29.355.915 von ArmerThor am 17.05.07 12:38:54

Man, ich hab ein Saugeiles Gefühl mit EPD
und das zum Männertach


Happy happy happy

[XIO]

Es wird immer besser

Ganz frisch rein:



http://www.minesite.com/fileadmin/content/pdfs/Brokers_Notes…

[XIO]

0.215 British Pound = 0.31446 Euro

[XIO]

ja isses nich ein Traum

[XIO]

Also:

support revenue per tonne of US$19
cash costs of around US$12/t
this would generate £11 million per annum at the EBITDA line from 2009 assuming throughput of 3Mtpa (MK derzeit 18 Mio £)
To reflect the uncertainty surrounding grades of the Main Pipe, we apply a 50% discount for completion risk to this project

Es reicht also zu, wenn die gegenwärtigen Angaben lediglich eingehalten werden, um einen Kurs von letztendlich 0.60BP zu erreichen, kommen qualitative Verbesserungen, z.B in Form von höherwertigen Steinen und der damit verbundenen Steigerung des durchschnittlichen VKs hinzu, wird es noch höher gehen...und davon gehe ich eigentlich aus.

2. nicht vergessen, dieses Rating bezeiht sich "nur" auf die ersten 130 Meter Open Pit!
650 meter sind derzeit bekannt, und immer noch Open End.....

[XIO]

Artikel betrifft zwar primär Sunrise, es sind viele Infos über Diamantenmining in Finnland drin, EPD hat da ja auch noch was laufen, bzw. ist da ganz vorne mit dabei.
http://www.minesite.com/fileadmin/content/pdfs/Brokers_Notes…

[maribo]

Antwort auf Beitrag Nr.: 29.383.611 von XIO am 19.05.07 15:37:17

Danke für deine fortlaufenden Info´s!
Bin einer der wenigen stillen Mitleser!

maribo

[XIO]

Antwort auf Beitrag Nr.: 29.384.249 von maribo am 19.05.07 16:51:43

THX

EPD ist meiuner Meinung nach ein feiner unauffälliger Wert, der aber im Gegensatz zu vielen anderen Werten den Sprung in die Profitabilität schaffen wird, bzw. gegenwärtig diese Entwicklung gerade erlebt.

Das gute an den prognosen ist, das die ursprünglichen Kalkulationen von einem Whortcase VK von 45 USD/Karat ausgehend gerechnet waren. Mittlerweile sind wir bei 72 USD und ich spekuliere auf mindestens 100 USD.
Warum? In der Mainpipe sind grössere und höherwertige Steine, sowie Fancies vermutlich in höher Quantität vorhanden.

Es wird also nur noch besser.

[maribo]

Schön in Ruhe von einem 52Wochenhoch zum nächsten.



So kann es weitergehen.

maribo

[XIO]

EUROPEAN DIAMONDS PLC

ANNOUNCEMENT

22 May 2007

Disclosure of Shareholding


The Company received a notification on 21 May 2007 that, on 16 May 2007, funds under the management of
JPMorgan Asset Management (UK) Limited increased their interest in the Company to 10,100,000 ordinary
shares of 5p each representing approximately 12.09% of the total voting rights of the Company.

warum wohl

[German2]

sehr schön... glaube der Anstieg könnte nachhaltig sein wenn jetzt die Produktion jetzt endlich ausgelastet ist.

[German2]

EUROPEAN DIAMONDS PLC

PRESS RELEASE





New Funding





* Financing of £5,165,000 in aggregate to fund Main Pipe Development



* Initial unconditional private placement of new shares to raise £3,310,000



* Further private placement of new shares to raise £1,855,000 subject to shareholder approval at an EGM



23rd May 2007: European Diamonds Plc (“EPD” or the “Company”) announces that it has raised £3,310,000 before expenses by way of a private placement of 16,550,000 new ordinary shares at 20p per share and has received the subscription monies. In connection with this private placement, the Company will also issue 16,550,000 ordinary share purchase warrants, subject to shareholder approval at an Extraordinary General Meeting which is to be convened in the near future. Each two warrants will entitle the holder to purchase one ordinary share of the Company at an exercise price of 30p per share until 17 July, 2009, subject to accelerated exercise provisions at the Company’s option.



Application has been made for these 16,550,000 new ordinary shares to be admitted to AIM and it is expected that they will be admitted on 25 May 2007. Following the private placement, the Company’s issued share capital and total voting rights consist of 100,086,283 ordinary shares of 5p each.



In addition, subject to shareholder approval at an Extraordinary General Meeting, the Company will issue new ordinary shares to raise a further £1,855,000 before expenses by way of a private placement of 9,275,000 new ordinary shares at 20p per share. Subscription agreements have been received from subscribers to this issue. In connection with this private placement, the Company will also issue 9,275,000 share purchase warrants having the same terms as the warrants issued in the initial placing.



These private placements will raise a total of £5,165,000 and will be used for the following purposes:-



* Further evaluation of the Company’s Main Pipe at Liqhobong, Kingdom of Lesotho.
* Progression of the Feasibility Study of the Main Pipe.
* Completion of environmental and other studies in respect of the connection of the mine at Liqhobong to the Lesotho electrical power grid.
* General working capital purposes.



Roy Spencer, the Company’s CEO commented today “the Company is at an exciting time and these funds will enable us to progress the next phase of work in respect of the Main Pipe. We anticipate announcing shortly the results of Pre-Feasibility Study into the viability of the Main Pipe, in respect of which independent consultants have already declared indicated resources down to 45 metres and inferred resources of 85 metres, down to a total of 130 metres from surface.”



European Diamonds PLC is listed on the Alternative Investment Market (AIM) of the London Stock Exchange and its shares trade under the symbol EPD.



Mr Roy Spencer, GSSA Member, FAusIMM, and Chief Executive Officer of European Diamonds plc is a "qualified person" as defined under the AIM rules and a competent person under the JORC reporting standards. This announcement has been prepared under Mr. Spencer's supervision and all reporting is to JORC standards.

For further information contact:
Kerry Spencer, European Diamonds
[phone]

Allan Piper, First City Public Relations
[phone]
Roy Spencer, CEO, European Diamonds:
[phone]
James Cable, Finance Director, European Diamonds:
[phone]

[German2]

ist ein recht grosses PP zu fairen Kursen ..fast kein Abschlag... mit Einlösung aller Warrents fliessen ca 10 Mio britische Pfund in die Kasse.

Blos gut das der Kurs sogut gestiegen ist, sonst wär die Verwässerung viel grösser geworden oder man hätte das Geld gar nicht bekommen.

Dies warm meine grösste Unsicherheit betüglich EPD. Man braucht Geld für die Entwicklung der Mainpipe. Richtig geld wird in 2-3 Jahren verdient wenn die produktion aus der Mainpipe dazukommt.

...dann sollte auch mit den Finanzierungen Schluss sein.

[XIO]

Antwort auf Beitrag Nr.: 29.434.145 von German2 am 23.05.07 13:48:46

Gruß... na endlich mal wieder da

Alles in allem kann man sagen: eine runde Sache.. das PP auf aktuellem Niveau, auch die Instis bezahlen den Marktpreis, die Warrants zu 30 br. Cent..was will man mehr....

Guter Wert, wir werden noch viel Freude daran haben.

[maribo]

Tue May 29, 2007
Extraordinary General Meeting
--------------------------------------------------------------------------------
European Diamonds PLC has today posted to its shareholders a Circular ("Circular") to convene an Extraordinary General Meeting ("EGM") of the Company for 11.00am on Friday 22 June 2007 at the Institute of Directors, Shaftesbury Room (401), 116 Pall Mall, London, SW1Y 5ED.

The purpose of the EGM is to explain the background for the fundraising announced on 23 May 2007 ("Fundraising") and to seek shareholder approval to allot 9,275,000 new Ordinary Shares and Warrants to subscribe for a further 12,912,500 Ordinary Shares pursuant to the Fundraising. Resolutions will also be proposed at the EGM to authorise the Directors to issue further shares in the future to take advantage of any opportunities that may arise. Full details of the resolutions are set out in the Circular.

The Circular is available online at www.europeandiamondsplc.com. Copies are also available to the public, free of charge, from the registered office of the Company at 22 Grosvenor Square, London W1K 6LF.

European Diamonds PLC is listed on the AIM Market of the London Stock Exchange and its shares trade under the symbol EPD.

For further information contact:
Kerry Spencer, European Diamonds
[phone]
Allan Piper, First City Public Relations
[phone]
Roy Spencer, CEO, European Diamonds:
[phone]
James Cable, Finance Director, European Diamonds:
[phone]
Mike Jones, Canaccord Adams Limited
[phone]
Ryan Gaffney, Canaccord Adams Limited
[phone]

e-mail: [e-mail]
website: www.europeandiamondsplc.com

[XIO]

Ohren auf!!!


15th June 07 MP3 (4.9MB) Proactive Audio Interview European Diamonds

Roy Spencer, Chief Executive of European Diamonds talks with Proactive about his hopes for extracting about a million carats of diamonds a year at the company's planned operation at 'Satellite' and 'Main' in the mountains of Lesotho ...and a visit to Finland

http://www.proactiveinvestors.co.uk/audio/epd.mp3

[DiscoRpion]

Netter Kurs heute
Liebe Grüße,
olli

[n24mmmoneymaker]

Antwort auf Beitrag Nr.: 30.149.475 von DiscoRpion am 22.06.07 15:33:23

Gibts hier von euch Kursziele auf dreimonatssicht?

[XIO]

Antwort auf Beitrag Nr.: 30.436.106 von n24mmmoneymaker am 01.07.07 22:04:45

0,28BP
ich orientiere mich am aktuellen Canaccord Rating, wird wohl früher oder später so eintreffen.

Tue Apr 11, 2006
European Diamonds plc - Emerging diamond producer
Publisher: Canaccord Adams
http://www.europeandiamondsplc.com/i/pdf/2006-04-11_CAER.pdf

[German2]

Antwort auf Beitrag Nr.: 30.436.154 von XIO am 01.07.07 22:08:13

was ist denn heut in London los? erstaunliche Umsätze ... würde der Markt nicht so bescheiden aussehen ständen wir locker über 21p

[XIO]

So, von mir aus kann es weiter gehen mit EPD

Freitag mit über 2 Mio Shares für so `nen kleinen Wert schwer Umsatz in London... Prefes für Mainpipe / News werden wohl bald kommen
"Rechne" mit 1 Mio Karat / Jahr @ ca. 80USD bei einer MK von 23 mio BP

[German2]

Antwort auf Beitrag Nr.: 30.532.723 von XIO am 07.07.07 04:47:42

wird ja immer besser hier .. 22 pence geschafft

[XIO]

Antwort auf Beitrag Nr.: 30.623.811 von German2 am 10.07.07 23:03:06

sauberer chart dieses Jahr

[maribo]

Und weiter gehts!

[maribo]

Antwort auf Beitrag Nr.: 30.633.620 von maribo am 11.07.07 16:30:11

Und hier nochmal mit Volumen!

[XIO]

Antwort auf Beitrag Nr.: 30.633.712 von maribo am 11.07.07 16:35:45

WOOOOOOOOOONDERBAR

[DiscoRpion]

Netter Kurs
Nettes Ask in Deutschland..
EPD gefällt mir einfach gut.
Auch wenn ich nur ein paar Schares habe *leider*

[ArmerThor]

Antwort auf Beitrag Nr.: 30.640.200 von DiscoRpion am 11.07.07 21:00:36

Ich sollte öfter in den Urlaub fahren,dann klappt es auch mit dem Kurs!
Und wie sagt man so schön : Kleinvieh macht auch Mist...

[XIO]

Ziel 0.28 BP inkl 60% Riskikoabschlag derzeit!!! Siehe Canaccord Buy-Rating.
Da ist auf lange Sicht weiter ordenlich Potential da

[ArmerThor]

Sollten sich alle Prognosen bestätigen,sehe ich 0,6 GBP als einen angemessenen Kurs.Mal sehen,was die Main Pipe noch für Überraschungen bereit hält.

[XIO]

Boardgeflüster auf iii

"The results of the Main Pipe pre-feasibility study are later than expected, probably because the whole company's future is dependent on this.

They will want the report to be very positive, and fully supported by actual mining results (ideally slightly conservative).

They will be double checking the carat quality and numbers in the larger Main Pipe samples; probably with information from the last quarter's sales to announce about the same time.

They also need to re-confirm capital costs for the mine upgrades, incl. power supplies, etc.

Volume of Type II diamonds will be crucial to the average price per carat extracted; which won't be up to African Diamonds levels but EPD have 75% ownership c/w EPD's 30% of AK6.

If the Main Pipe comes up to EPD expectations as at end 2006, the SP could rise in excess of £2 within 3 years...

I await the EPD report with hope and great interest, which must surely come out next week..."

[ArmerThor]

Antwort auf Beitrag Nr.: 30.696.995 von XIO am 15.07.07 12:10:05

Es wird also noch mal richtig spannend.Die Pre-Fes der Main Pipe ist also bestimmend für die weiter Entwicklung von EPD.
Mir ist es auch lieber,wenn die Daten 2 mal geprüft werden,um nachhaltig den Kurs nach oben zu beflügeln.
Danke für die Info!

[XIO]

Antwort auf Beitrag Nr.: 30.697.671 von ArmerThor am 15.07.07 13:28:43

ich denke, die 30BPC werden wir bald sehen.

[XIO]

Absolut positive News heute in London!!!

European Diamonds Corporate Reorganisation

RNS Number:4680A
European Diamonds PLC
18 July 2007



EUROPEAN DIAMONDS PLC


* Board and Senior Management Changes and Proposed Corporate
Re-organisation
* Pre-Feasibility study identifies potential for over
US$1 billion of recoverable diamonds in Lesotho



18th July 2007: European Diamonds Plc ("EPD" or the "Company") announces changes
to the Board of Directors and senior management of the Company and a proposed
comprehensive corporate re-organisation in conjunction with the release of
positive pre-feasibility study results at the Company's Main Pipe diamond
project in Lesotho.


Board and Senior Management Changes and Proposed Corporate Re-organisation:

Board and Senior Management Changes

Effective immediately:

* Timothy Philip Read (aged 60) joins the Board of the Company as
Executive Chairman. Mr Read has over 35 years' experience in mining and the
mining finance sectors, and was Chief Executive Officer of Adastra Minerals
Inc. until August 2006, when the company was acquired by First Quantum
Minerals Limited. Prior to joining Adastra in 1999, he was co-head of mining
investment banking at Merrill Lynch.


Mr Read will provide strategic leadership to the Company and assume
responsibility for communications with the financial community.


* Stephen Lay (aged 52) joins the Board of the Company as Chief Operating
Officer. Mr Lay is a mining engineer with over 30 years of worldwide mining
and project management experience. In addition he has a strong background in
management and executive roles in a number of public listed companies. Mr
Lay will have responsibility for overall technical and operational
leadership of the Company and in particular will coordinate the Definitive
Feasibility Study ("DFS") for the Main Pipe which the Company proposes to
initiate immediately.


* Roy Spencer steps down as Chief Executive Officer of the Company and
becomes a non-executive director. Mr Spencer will continue to advise the
Company on all its exploration activities in Lesotho and will also be
responsible for all exploration activities in respect of the Finnish mineral
properties which the Company is proposing to spin off to shareholders by way
of a corporate re-organisation (described below).


* Murdoch Beaton steps down as a director of the Company but will continue
to act in an advisory capacity on all of the Company's activities in
Southern Africa and will remain as a director of the Company's Lesotho
subsidiaries.


* Buddy Doyle steps down as Chairman but remains as a non-executive
director.


See Appendix 2 for further details in relation to Tim Read and Stephen Lay.


Corporate Re-organisation

The Company's Board is proposing a corporate re-organisation in relation to the
Company's Finnish mineral properties and a change of name of the Company.


In relation to the Company's mineral properties in Finland, it is proposed that
the common shares of the sub-holding company that holds these assets will be
distributed to the Company's shareholders to form a new public company, to be
known as North European Diamonds Limited (the "NED Spin Off"). The NED Spin Off
will be subject, inter alia, to a court approved re-structuring to make the
proposed dividend of the common shares of NED to the Company's shareholders tax
neutral.


The Board will also be proposing a change of name of the Company to one that
more properly reflects the ongoing focus of the Company in developing
substantial diamond production in Lesotho.


The proposed NED Spin Off and change of name will both be subject to
shareholders' approval. Full details will be circulated to shareholders in due
course.


Main Pipe Pre-Feasibility Study

The Company has completed its Main Pipe Pre-Feasibility Study ("PFS") which has
generated the following technical and financial elements:

* Kimberlite resources modelled 55.5 million tonnes *
* Proposed kimberlite processing rate 3.5 million tonnes per annum
* Initial mine life 16 years
* Provisional cost estimates:

Capital US$100 million

Operating US$11 / tonne

* Indicated grade 27 carats / hundred tonnes
* Approximate recoverable carats 15 million carats
* Indicated run of mine value US$70 / carat
* Provisional value of recoverable

diamonds US$1.05 billion

*Refer to Appendix 1 for further details.


The PFS has been reviewed and audited throughout its development by ACA Howe
International Limited ("Howe"), who has commented as follows:


"Howe has determined that the PFS has been carried out to a high standard and
uses conservative design, operating and revenue parameters. Current studies and
modelling show a 16 year open pit mine life. This is based on a resource model
extending down to the 2,250 metre elevation (approximately 280 metres below
surface), where the kimberlite has a modelled cross-sectional area of 5.1
hectares (8.56 hectares at surface). However, limited drilling has shown that
the pipe extends to at least 650 metres below surface."


"Operating and financial parameters should be especially favourable in the first
four years when minimal pre-stripping is required and the stripping ratio
averages 0.25 (tonnes waste to tonnes ore) rising to a favourable overall mine
life average of 1.1."


"Howe notes that the average grade of 27.38 carats per hundred tonnes ("cpht")
and the average diamond price of US$70 per carat used in the PFS financial
modelling has been derived from a parcel of 6,088 carats extracted from the Main
Pipe. Howe considers that there may be significant revenue upside above this
level because these numbers deliberately excluded several large or bonanza
stones, including a 27.7 carat clean D flawless stone recovered from the Main
Pipe bulk sampling in December 2006 that realised a price of US$27,000 per
carat."


"Howe notes that an independent review and assessment of the macro-diamond size
distribution of the Main Pipe based on the recent bulk sampling results by MM
Oosterveld, has indicated that an average 200,000 tonnes of kimberlite would
yield 4 stones larger than 50 carats and 1 stone larger than 100 carats."


"Howe has recommended a programme of diamond core and large diameter drilling
for further definition of the Main Pipe and to add greater confidence to the
resource base. Howe has also identified a number of aspects of both mining and
processing procedures which should be addressed in the DFS and may further
optimise the project."


"Howe concludes that the PFS shows the project to be financially and technically
robust and recommends that the Company should proceed with the DFS."


Roy Spencer, Director, commented:

"We believe the Board and senior management changes and proposed corporate
re-organisation will accelerate market recognition of the considerable value we
have already developed for shareholders. The PFS is comprehensive with all key
areas independently verified by experienced consultants. The PFS clearly
demonstrates the potential economic viability of the Main Pipe even with the
conservative parameters used. Since the end of 2006 for example, we have
processed another 14,000 tonnes of Main Pipe kimberlite at a recovered grade of
over 0.4 carats per tonne and, as noted by Howe, we have strong evidence to
support the project's large stone potential. This information, together with
further bulk sampling and financial data, will be incorporated into a DFS which
will start as soon as possible. In the meantime we continue to produce diamonds
from the Satellite Pipe which is now processing kimberlite at its design rate of
420,000 tonnes per annum. We are now also fully funded to completion of the
DFS."


"I would like to thank all our directors, employees and shareholders who have
supported us to date. I welcome our new management additions and look forward to
helping develop our Company further over the coming years."


Tim Read commented:

"I am delighted to be joining the Company at this very exciting time. It should
be noted that the delineation of the Main Pipe has been a considerable technical
success and that this, in conjunction with the PFS, has demonstrated the
project's potentially robust economics. We will now be embarking upon the DFS
and making initial approaches to various sources of project finance, in order to
bring this outstanding project to full value."


About EPD:


European Diamonds Plc is listed on the AIM Market ("AIM") of the London Stock
Exchange and its shares trade under the symbol EPD.


Mr Roy Spencer, GSSA Member, FAusIMM, and a Director of European Diamonds Plc is
a "qualified person" as defined under the AIM rules and a competent person under
the JORC reporting standards. This announcement has been prepared under Mr
Spencer's supervision and all reporting is to JORC and similar standards.


For further information contact:


European Diamonds PLC Canaccord Adams Limited

Tim Read/James Cable Robert Finlay/Mike Jones/Ryan Gaffney

[phone] [phone]


Roy Spencer/Kerry Wells
[phone]
First City Public Relations
Allan Piper
[phone]
E-mail: [e-mail]
Website: www.europeandiamondsplc.com


Appendix 1


Summary of Reserves and Resources by Status

Category Gross Net Attributable Operator
MAIN PIPE Tonnes Grade Contained Tonnes Grade Contained
Mineral (millions) (cpht) Diamonds (millions) (cpht) Diamonds
Resources
(million (million
carats) carats)
Measured - - - - - - Liqhobong
Mining
Development
Indicated 13.99 28.16 3.940 10.49 28.16 2.955 Company
Inferred 28.17 26.99 7.602 21.13 26.99 5.702

Total 42.16 27.38 11.542 31.62 27.38 8.657

Source: Geocontracts Botswana (Pty) Ltd ("Geocontracts").
Note: "Operator" is name of the company that operates the asset
"Gross" are 100% of the reserves and / or resources attributable to the licence
whilst "Net attributable" are those attributable to the AIM company, which owns
75% of the Operator.


The updated resource statement has again been carried out by specialist
independent diamond geological and mining consultancy Geocontracts. The
statement was prepared according to the Definitions and Guidelines for the CIM
Standards on Mineral Resources and Reserves of the Canadian Institute of Mining,
Metallurgy and Petroleum ("CIM Standards") and is based on data collected prior
to the end of 2006.


The above resources were derived from a volumetric geological model for
kimberlite facies (K2, K4 and K5) above the 2,300 metre elevation, for which
macro and micro diamond data are available. A further facies, K6, has been
identified but there is no grade data available and hence the K6 tonnage has not
been included in the Resource Statement. Below the 2,300 metre elevation,
drilling data are sufficiently detailed to volumetrically model undifferentiated
kimberlite to at least the 2,250 metre elevation; as there is no grade
information this tonnage has not been included in the Resource Statement.


The identified tonnages that have not been included in the resource statement
(as there is no macro and micro diamond data available to CIM Standards) are:
6.8 million tonnes ("Mt") of K6 and 6.5Mt of Undifferentiated kimberlite. These
tonnages have been included in the mine and financial models at an average grade
of 28.3 cpht being the weighted average of the K2, K4 and K5 facies at surface.


The above takes the total tonnage defined to 55.5Mt compared with the 55.9Mt
mined in the mine and financial models. The mine and financial model actually
take another 1.9Mt from below 2,250 metre elevation allowing the Company to mine
all but 1.5Mt of Indicated and Inferred Resources.

Appendix 2


The following information is provided in accordance with paragraph 17 and
Schedule 2(g) of the London Stock Exchange AIM Rules:


TIMOTHY PHILIP READ (Age 60)

a) has held within past 5 years the following directorships/partnerships:

Current

Cumerio SA

Nevoro Inc


Former

Adastra Minerals Inc

Navan Mining plc

b) has no unspent convictions in relation to indictable offences;

c) has not had any bankruptcy order made against him or entered into any
individual voluntary arrangement;

d) has not been a director of a company which has been placed into
receivership, compulsory liquidation, creditors' voluntary liquidation,
administration or which has entered into any company voluntary arrangement or
any composition or arrangement with its creditors generally or any class of its
creditors, at the time of or within twelve months preceding such events save in
relation to Navan Mining plc which was placed in receivership in December 2002;

e) has not been a partner of any partnership which has been put into
compulsory liquidation, administration or entered into partnership voluntary
arrangements, at the time of or within twelve months preceding such event; or

f) has not been publicly criticised by statutory or regulatory
authorities (including recognised professional bodies) or ever been disqualified
by a court from acting as a director of a company or from acting in the
management or conduct of the affairs of any company.


STEPHEN LAY (Age 52)

a) has held within past 5 years the following directorships/partnerships:

Current

Layco Ltd


Former

Trans Georgian Resources LLC (Georgia)

b) has no unspent convictions in relation to indictable offences;

c) has not had any bankruptcy order made against him or entered into any
individual voluntary arrangement;

d) has not been a director of a company which has been placed into
receivership, compulsory liquidation, creditors' voluntary liquidation,
administration or which has entered into any company voluntary arrangement or
any composition or arrangement with its creditors generally or any class of its
creditors, at the time of or within twelve months preceding such events;

e) has not been a partner of any partnership which has been put into
compulsory liquidation, administration or entered into partnership voluntary
arrangements, at the time of or within twelve months preceding such event; or

f) has not been publicly criticised by statutory or regulatory
authorities (including recognised professional bodies) or ever been disqualified
by a court from acting as a director of a company or from acting in the
management or conduct of the affairs of any company save that Mr Lay was in 2006
refused entry into Australia by the Australian Immigration authorities. This
followed charges laid by Georgian authorities in 2003 in relation to alleged non
payment of corporate taxes payable by Quartzite LLC between 1999 and 2000 of
which Mr Lay was Director of Operations and Finance. The charges were brought,
it is believed, as part of a concerted campaign by local businessmen to
destabilise the investment of an Australian company in Georgia. Following
several months of legal and diplomatic pressure in Georgia the charges were
dropped by the Georgian authorities and Mr Lay was subsequently granted entry
into Australia.

[XIO]

0.25 British Pound = 0.37027 Euro

[XIO]

Das muss man sich mal durch den Kopf gehen lassen.. ich bin sehr zufrieden heute.

Zitat:
Timothy Philip Read (aged 60) joins the Board of the Company as
Executive Chairman. Mr Read has over 35 years' experience in mining and the
mining finance sectors, and was Chief Executive Officer of Adastra Minerals
Inc. until August 2006, when the company was acquired by First Quantum
Minerals Limited. Prior to joining Adastra in 1999, he was co-head of mining
investment banking at Merrill Lynch.

Bin mal gespant, was die Mainpipe nun genau für Potential in sich birgt...vermutlich viel mehr, als gedacht.
Die 1 Milliarde ist ja schonmal ein guter Hinweis.

Market Cap. 27.3mio BP

[maribo]

Antwort auf Beitrag Nr.: 30.746.015 von XIO am 18.07.07 16:26:26

Hi XIO,
NEWS werden ja gut mit Käufen untermauert.
Was ist Dein kurzfristiges (1-3Monate) bis mittelfristiges (3-6Monate) Kursziel?

maribo

[XIO]

Antwort auf Beitrag Nr.: 30.746.339 von maribo am 18.07.07 16:44:41

ich halte mich ewrstmal an das canaccord rating, da wurden 0.28BP genannt.

Allerdings sind da die neusten Vorgänge eben nicht berücksichtigt und die darin beschriebenen 60% Risikoabschlag dürften deutlich reduzierbar sein.

mittelfristig denke ich, daß 0.40BP durchaus realistisch sind, langfristig spekuliere ich auf ca. 2BP.

Es werden garantiert auch mal wieder KEs/Finanzierungen usw. kommen, das lässt sich nicht umgehen, aber grundsätzlich sind die Weichen auf strong UP gestellt.
Wobei ich ganz froh wäre, wenn es tempomässig ungefähr so mit dem Zuwachs des Wertes weiter gehen würde. Das hält die Zocker fern.

[ArmerThor]

Antwort auf Beitrag Nr.: 30.746.569 von XIO am 18.07.07 16:57:14

Da stimme ich Dir 100% zu!

[German2]

man, das wird ja immer besser hier.. muss wohl meine verkaufsorder rausnehmen .. wollt eigentl zu 40 cent kasse machen , aber jetzt ist ja hier noch viel mehr drin.

Das beste an der news ist der Spin-off der Finnlandliegenschaften und das neue Management.

[XIO]

Antwort auf Beitrag Nr.: 30.750.268 von German2 am 18.07.07 20:16:51

Ich nehm das Wort auch nicht gleich in den Mund, aber EPD scheint eine gute Chance auf einen X-Bagger zu werden.
Wollen wir mal hoffen, daß EPD nicht so schnell übernommen wird.
Produzierende und profitable Diamanten Companies sind Mangelware, im gegensatz zu den vielen Explorern.

[German2]

Antwort auf Beitrag Nr.: 30.751.102 von XIO am 18.07.07 20:51:31

...mit der news haben sie echt zugeschlagen.. 1. 1a prefeasibility , 2. Spin-Off (Gratisaktien zum versilbern , meist kurstreibend) , 3. gutes neues Management , 4. Namenswechsel , 5. schnellstmöglicher beginn der Feasibility...

und sie ist nicht teuer derzeit für das was hier geboten wird

[XIO]

Antwort auf Beitrag Nr.: 30.751.472 von German2 am 18.07.07 21:08:19

...und: 70& Resourcensteigerung

auf III sind die 0.50BP eigentlich schon beschlossene Sache

http://www.iii.co.uk/investment/detail?code=cotn:EPD.L&displ…

[XIO]

Antwort auf Beitrag Nr.: 30.751.472 von German2 am 18.07.07 21:08:19

meinst du, wir bekommen die NED Teile gratis?

.. hab bis jetzt nur 1 Spinoff erlebt, bei PAX, da hab ich neben Selwyn auch ein paar savant geschenkt bekommen.
Wäre ja gut, wenn es hier auch so läöuft.

[German2]

Antwort auf Beitrag Nr.: 30.753.010 von XIO am 18.07.07 22:27:09

ja, das sollte so sein ... wir bekommen wahrscheinlich in einem gewissen verhältnis NED-Aktien eingebucht.

Das Interessante daran ist die frage des bezugs. meistens gibt es eine
Frist , bis zu der man EPD-Aktien haben muss um die neuen zu bekommen... das könnte der Aktie einen schönen Schub geben. Vorraussetzung ist , das es auch Interesse an der neuen Firma gibt.

Wie lukrativ die finnischen gebiete sind kann ich nicht einschätzen.

[XIO]

Antwort auf Beitrag Nr.: 30.753.138 von German2 am 18.07.07 22:35:22

zumindest hab ich irgendwo mal gelesen, daß die karelischen Diamantengebiete einer geologische Formation zugeordnet werden, welche auch die kanadischen Regionen beinhaltet sollen, auf der BHP seine Ekati Mine betreibt.

[German2]

Antwort auf Beitrag Nr.: 30.753.010 von XIO am 18.07.07 22:27:09

Updates with more details throughout)

LONDON (Thomson Financial) - European Diamonds PLC said its chief executive Roy Spencer and chairman Buddy Doyle have stepped down with immediate effect, adding that Doyle will be replaced by Timothy Read.

It also named Stephen Lay as new chief operating officer as part of reorganisation.

The diamond exploration company said it intends to launch a new spin off public company to be known as North European Diamonds Ltd for its Finnish mineral properties.

The company proposes that shares of the sub-holding company holding these assets will be distributed to its shareholders to form a new public company.

On its flagship Lesotho diamond project at Liqhobong, European Diamonds said the pre-feasibility study shows 1.05 bln usd diamonds in the region and the capital to be employed at 100 mln usd.

The study indicated an initial 16-year life for the mine, it said, adding proposed kimberlite processing rate would be at 3.5 mln tonnes a year.

European Diamonds said the study shows the project to be technically and financially robust and that it recommends the company to proceed with the definitive feasibility study.

The comprehensive corporate reorganisation saw Timothy Read appointed as new executive chairman. He was previously chief executive of Adastra Minerals Ltd.

Spencer, the outgoing chief executive will continue to advise the company on all its exploration activities in Lesotho as a non-executive director. He will also be responsible for exploration activities in Finland.

Exiting chairman Doyle will remain as non-executive director, the company said.

European Diamonds said it intends a name change to more properly reflect its ongoing diamond production and development in Lesotho.

[e-mail] ukn/am

COPYRIGHT

Copyright AFX News Limited 2007. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.

[German2]

überschlagen wir mal:

konservativ:

55 Mio Tonnen x 0.272 carat/Tonne x 70$ = 1,05 Mrd$

16 Jahre laufzeit

= 65 mio US$ Umsatz pro jahr

Cashkosten 11$/Tonne = 37,8 mio$ p.a.

operativer Gewinn: 27 mio $ p.a.

Marketcap aktuell: 56 Mio US$ ...operatives KGV ca. 2


(Finanzierung 100 Mio$ nicht vergessen)

spekulativ:

55 Mio Tonnen x 0,4 carat/Tonne (Durchschnitt der Samples) x 100 $ (grössere Steine bringen viel mehr) = 2,2 mrd$

Laufzeit 16 Jahre

=137,5 Mio$ umsatz p.a.

Cashkosten 11$/Tonne = 37,8 mio$ p.a.


operativer Gewinn: 99,5 mio $ p.a.

Marketcap aktuell: 56 Mio US$ ...operatives KGV ca. 0,56

(100 mio$ Investition fehlt)



...nun, ein Diamantenproduzent hat in der Regel KGV's über 10... es bleibt hier viel luft nach oben

[German2]

nicht mitgerechnet: Liegenschaften in Finland (Spin-off) , derzeitiger Cashbestand , Produktion Satelite-Pipe ....

falls die produktion schon profitabel ist sollte EPD noch viel mehr Potential haben

[German2]

Antwort auf Beitrag Nr.: 30.753.426 von German2 am 18.07.07 23:04:03

bei 30 pence künnen auch noch ne menge Warrents gelöst werden .....insgesamt sollten dann über 10 mio Pfund in der Kasse sein.
Das sollte man bei einer Marketcap von 27 mio Pfund berücksichtigen.

[XIO]

Antwort auf Beitrag Nr.: 30.753.500 von German2 am 18.07.07 23:12:42

super rausgestellt, Danke

[German2]

die Satelite-Pipe hat schon Ende 2006 (siehe letzen Quartalsbericht) operativen Gewinn ageworfen. Sollte 2007 sie produktion tatsächlich nochmal deutlich steigen könnte die firma mit dieser kleinen produktion fast ihre gesamten Kosten decken.

Man verbrennt also bis Abschluss der Feasibility der Mainpipe normalerweise kein Geld mehr. .. Das mindert das risiko enorm.

[XIO]

Elphick targets five mines by year-end
Allan Seccombe & David McKay
Posted: Thu, 19 Jul 2007

http://www.miningmx.com/mybk07/244186.htm

ob EPD mit derzeit Resourcen im Wert von von 1 Milliarde USD +x von Interesse ist.. schwer zu sagen... aber sollte man aufpassen, EPD passt prinzipiell schon in das Schema dieses Herren.
Da würde auch die Separation des Lesotho projektes plötzlich in einem ganz anderen Licht erscheinen.

Aber nur private Meinung von mir... oder auch Schnapsidee genannt

[XIO]

[XIO]

Gem Diamonds' sales in the first half of calendar 2007 amounted to 39,204 carats from Letšeng,

-having treated 508,193 tonnes to
-recover 6,977 carats
-at a grade of 1.37 carats per hundred tonnes,
-which was 11.4% above the budgeted grade.
-The sales achieved an average of US$1,776 per carat.

Gem Letšeng 2,4331 USD / 100 To (1.37 x 1.776)
EPD Liqhobong Mainpipe 1.890 USD / 100 To (27 x 70) (...ohne Satellite Pipe)


Mining Costs bei EPD 11 USD / Tonne, bei GEM suche ich noch.

[XIO]

http://www.minesite.com/nc/minews/singlenews/article/europea…
July 24, 2007
European Diamonds Shuffles The Pack As It Starts DFS On Main Pipe


It’s a funny one, European Diamonds, going right back to its listing on AIM when the shares doubled in early dealings after it raised £2.8 million in December 2000. At the time Minews suggested that some of the lucky investors might be taking a profit by Christmas, but Denny Chambers, a salesman at the company’s brokers Williams de Broe, was quoted as saying “Only a weak person will sell now, ”he said, “ the rest take the longer view that the shares could be £10 by the end of next year if they find diamonds.”The company did not find diamonds and the shares have never been anywhere near £10, and this statement left a nasty tang of over-promote around the stock.

A look at the price chart over the past year shows that the shares have more than doubled since last November. At that time the company had announced a new valuation for the Main Pipe, the result of a third sale of diamonds from the Satellite Pipe and some encouraging bulk sampling results from the Main Pipe. The management changes announced by the company therefore come at a good time as it is much easier to maintain a trend in share price than reverse one. Tim Read, the new executive chairman, knows this from his days at Adastra Minerals and he and the new chief operating officer, Stephen Lay, have agreed to stick to a policy of under-promise and over-deliver.

It is therefore time to take a fresh look at European Diamonds as Tim and Stephen would not be risking their reputations lightly and their appointments clearly signal the fact that the company has entered its production phase. In addition to providing strategic leadership Tim will and assume responsibility for communications with the financial community and Stephen, a mining engineer of 35 years experience, will have responsibility for overall technical and operational leadership of the company and in particular will coordinate the Definitive Feasibility Study for the Main Pipe which will start immediately.

When we last looked at the company in April it had just announced the first resource estimate from the near surface portion at the Main Pipe on the Liqhobong project in Lesotho. This indicated resource was only estimated to 45 metres below surface and, as Roy Spencer pointed out, there must be much more to come as the kimberlite is known to be 650 metres deep. It amounted to around 13.4 million tonnes of kimberlite material with a recovered grade of 28.3 carats per 100 tonnes and an average value of US$70/carat. Now we have the results of the pre-feasibility study which is based on kimberlite to a depth of 280 metres which gives a resource of 55.5 million tonnes. This could be mined over a period of 16 years at a rate of 3.5 million tonnes/year. The indicated grade is 27 carats/100 tonnes which is slightly lower, but the average value of the stones is the same.

Tim Read points out that this study deliberately took no account of the likelihood of larger stones appearing at protracted intervals. For instance a 27.7 carat clean D flawless stone recovered from the Main Pipe bulk sampling in December 2006 realised a price of US$27,000 per carat. It is easy to calculate that at this sort of price big stones could make a hefty impact on the average value of run-of-mine production, but he did not want to be drawn into any projections. The main facts are that the capital cost of developing the Main Pipe will be about US$100 million and the internal rate of return just over 20 per cent. On this basis the company is moving straight into a definitive feasibility study and has enough money in the till to complete it. This money will, of course, be supplemented by cash flow from diamonds produced at the Satellite Pipe which is now processing kimberlite at its design rate of 420,000 tonnes per annum.

Roy Spencer, a man hugely respected in the diamond industry, is stepping down from the role of chief executive to become director in charge of exploration in both Lesotho and Finland. Exploration is his bag and he should get the credit for bringing the company to its present position. Roy is convinced of the potential for diamonds in the company’s Finnish properties and he certainly knows the area as he was very much involved in the discovery of the Archangel diamond deposit at the Russian end of the Karelian Craton. These properties are therefore being spun off into a new company, North European Diamonds which may seem an odd decision to some as the trend at the junior end of the diamond sector is very much towards mergers. As a result of the spin-off European Diamonds now thinks its own name may be a bit misleading, but the advice from Minews would be to come up with the goodies and worry about what anyone calls you at a later date.


..........................................................



Lesotho: Country Buffs Its Image for Foreigners
http://allafrica.com/stories/200707231402.html

Lesotho: Country Buffs Its Image for Foreigners

Business Day (Johannesburg)

Business Day (Johannesburg)

23 July 2007

Emma Muller
Johannesburg

LESOTHO' s M inister of Natural R esources Monyane Moleleki looks far from fatigued by his ambitions to turn the country into a foreign investment favourite, despite serving more than 10 years in different ministerial posts.

Moleleki, who describes himself as a "non conformist" and a "trendsetter", moves around the mountainous kingdom with an escort of armoured cars after an assassination attempt last year.

"I like to do things differently ," he says jokingly, pointing out that his bodyguard is female while his secretary is male.

Over the past few years, Moleleki has spent a lot of time promoting the country's stable mining environment worldwide, and in many ways the success of Letseng Diamond Mine can be ascribed to him.

In fact, it was Moleleki, when foreign minister, who did the honours at the official opening of Letseng in 2004.

Previously, the country's diamond sector relied solely on small-scale mining operations.

More than eight years ago, Moleleki began pushing for commercial mining. This led to the development of Letseng mine, which has the highest average value per carat of any mine in the world.

Small-scale mining has mostly disappeared and Lesotho's kimberlite-rich areas are being developed by at least three different companies.

AIM-listed European Diamonds' Liqhobong mine produces about 20000 carats a month. Motapa Exploration Limited will begin bulk sampling at its Mothae kimberlite prospect northwest of Letseng, in the last quarter of this year. Kao diamond project is expected to begin bulk sampling later this year.

Lesotho's diamond mining legislation has many similarities with the mining legislation of Botswana in that it is not prescriptive, but does have a considerable transfer of skills element. But despite a recent surge in foreign investors looking for diamonds, poverty is profound and widespread. Lesotho also has one of the world's highest HIV/AIDS infection rates. In addition, political trouble is brewing with the opposition disputing February's elections.

Moleleki is optimistic. "Foreign investment in diamonds is going through a boom. Getting foreign investors to come to Lesotho is a priority and we are being successful," he says.

"A major project is under way to supply SA with fresh water. There is also strong interest to invest in hydro power. It's fashionable, and we have the capability for it.

"At independence 40 years ago, only 2% of the population had electricity, now 11% has access. We need to supplement this and have to develop it for our own needs, but then the rest can go into the southern African power pool."

On diamonds, Moleleki says he has studied closely the developments in SA, where the law requires producers to sell a percentage of their production through a government-appointed body to support the "economically disadvantaged".

While supporting the idea of job creation, Moleleki says the prices realised for Letseng's diamonds highlight that the marketing of diamonds should be allowed in other marketplaces.

"I can't see the same happening here tomorrow. Our legislation is based on making foreign investors want to come to Lesotho. W e don't want to carry a stick. Compliance is in the spirit of the legislation, not the means for it," says Moleleki.

[XIO]

http://www.growthcompany.co.uk/news-and-comment/257587/gem-g…

Gem group plans spin-off
Companies: EPD
25/07/2007

European Diamonds, whose Liqhobong project in Lesotho could be worth over £500 million, may spin off its original Finnish interests.

Headed by ex-financier Tim Read, who successfully steered Adastra Minerals to takeover by the First Quantum Group, AIM-quoted European is already deriving £500,000 a month cash flow from a satellite diamond pipe at Liqhobong. An independent pre-feasibility study suggests the high-grade main pipe at Liqhobong could host 15 million carats, with a potential value of US$70 (£34.1) a carat, and yield 900,000 carats, for annual earnings of more than $12 million.

Executive chairman Read, who has strengthened the board with well-regarded recruits such as chief operating officer Stephen Lay, says a full feasibility study should be ready this time next year. The company suggests a high incidence of larger ‘bonanza’ stones could significantly increase the average value per carat and boost the projected returns, while further exploration at depth could further increase the size of the target resources.

European says concentrating on Liqhobong would make it appropriate both to spin off the Finnish projects with which the company was floated in 2000 at 70p under its original chief Tony Williams, and to change the company name. At present, the company, which raised £3.3 million at 20p in May with warrants at 30p, envisages a £50 million project cost for Liqhobong.

Shares in European Diamonds, which shot up to more than 200p soon after the company’s flotation, had plunged to 10p by last November on disappointment at earlier Finnish delays. They have now rallied to 26.75p, valuing the company at £26 million, and should go higher.
Robert Tyerman

[XIO]

heute in London mit 1,1 % Plus geschlossen.... an einem Scheizztag... was will man mehr.

[ArmerThor]

Wie gewonnen,so zeronnen!

[XIO]

neues Kursziel von Canaccord 0.33BP (letztes: 0.28BP)
0.33 British Pound = 0.49306 Euro
Info leider erstmal nur aus unbestätigten Quellen!

[German2]

steigt wieder

[XIO]

LONDON (Thomson Financial) - European Diamonds PLC has sold about 70,000 carats of diamonds from its Liqhobong project in Lesotho this year, executive chairman Tim Read said in an interview with Thomson Financial News. The company sold 50,000 carats between February and July for about 2.4 mln usd.

"Recent sales have been in line with those numbers," said Read. Using the earlier sales figures gives an estimated revenue of about 3.4 mln usd for the 70,000 carats.

Read said an announcement about the sales, which are conducted by BHP Billiton in Antwerp, will put out in the next two to three weeks. The company holds a 75 pct interest in Liqhobong, with the rest held by the government of Lesotho, and is currently producing diamonds from the Satellite Pipe while the larger Main Pipe is being studied. Operations at the Satellite Pipe have about three years to run.

Diamond explorers have to take a very substantial sample, around a thousand tonnes, to evaluate whether a project is viable or not, unlike gold and copper explorers who can judge a resource relatively quickly, Read said. The Main Pipe at Liqhobong has 27 carats per hundred tonne (cpht) or better, with the first 30,000 samples showing 27 cpht and the last 14,000 samples showed above 40 cpht. "This very substantial resource is one of the principal reasons I came into the company," said Read.

European Diamonds hopes to decide who will carry out a definitive feasibility study on the Main Pipe in a couple of months after which the study is expected to take 12 months to complete. Production is anticipated to start at the beginning of 2010.

Read, who joined the company in July, said European Diamonds had some initial start-up problems that may be why the market lost some confidence in the company.

The company discovered a bonanza stone last December of over 130 carats but accidentally crushed it before realizing. However, the incident means that the company anticipates finding further bonanza stones although the occurrence is uncertain.

"The important issue about this is that it showed us we are on the bus route for large stones," Read said, adding that company doesn't yet know how often the buses come along. "They could be every 20 minutes or every 24 hours, we don't really know."

"We can expect for every 200,000 tonnes to get one carat over 100 carats, he said.

It expects to spend about 100 mln usd on the project. "I have already started speaking to some of the lending banks and institutions and there is a lot of interest," he said. Some talks were carried out during the current credit squeeze.

At the moment the Satellite Pipe is covering the costs in Lesotho. The group will look at raising further funds, probably via a rights offer, and is considering a further listing, maybe in Johannesburg. Read said there is likely to be further consolidation in the sector -- following Gravity Diamonds Ltd merger with Mwana Africa PLC and DiamondCorp PLC's plan to buy Sonop Diamond Mining Ltd -- but that no one had approached European Diamonds so far.

Amid sector consolidation, the company is actually looking to split off its operations in Finland.

"We don't want the Finnish operations/assets to be a drain on resources or a distraction," he said.

"The real focus for our spending going forward has to be the Liqhobong Main Pipe."

One of the ways could be to float the Finnish operations into a separate company but the group has not yet decided how it will be carried out. Any move would not be before November at the earliest, Read said. [e-mail]

[XIO]

Ich habs leider verpennt, ein paar Gewinne mitzunehmen, aber der 2. Anlauf wird besser:

EUROPEAN DIAMONDS PLC (the "Company")

ANNOUNCEMENT

12 October 2007

Extraordinary General Meeting

European Diamonds PLC has today posted to its shareholders a Circular ("Circular") to convene an Extraordinary General Meeting ("EGM") of the Company for 11.00am on Tuesday 6 November 2007 at the Institute of Directors, Quest Room (402), 116 Pall Mall, London, SW1Y 5ED.

The purpose of the EGM is to seek shareholder approval for the change of name of the Company to

Kopane Diamond Developments PLC.

Full details of the resolution are set out in the Circular.

Reasons for the Change of Name

The Company is currently recovering rough diamonds from its Satellite Pipe plant at Liqhobong in the
Kingdom of Lesotho and the 18 July 2007 announcement included results of a Pre-Feasibility Study ("PFS")
into the viability of the Main Pipe at Liqhobong, together with an update to its resource statement. The
PFS, which was independently reviewed by A.C.A. Howe International, recommended that the Company proceed to
the Definitive Feasibility Study ("DFS") for the Main Pipe. The Company is now focussed primarily upon
completing the DFS and, assuming this demonstrates a viable and bankable project, bringing the Main Pipe
into production.

As disclosed in the 18 July 2007 announcement, your Board indicated its intention to focus on its Lesotho
projects while the other major part of the Company's business, namely the exploration and development of
its Finnish assets, would be funded separately. The Finnish assets will require further funds and
management time to determine whether diamonds can be recovered economically. The proposed structure for the
Finnish assets is currently being assessed by management and the Board will announce its proposals in due
course.

Given that the current business focus of the Company is to continue the development of its diamond mining
projects in Lesotho, the Board considers that it is in the best interests of the Company to change its name
to one that more properly reflects such focus. Accordingly, the Board proposes that the name of the Company
be changed to Kopane Diamond Developments plc. "Kopane" is a Sesotho word meaning "unity", "diamond" is the
continuing focus of the Group and "developments" is an accurate description of the Group's progress in the
Satellite and Main Pipes.

If shareholders support this resolution the name of the company will be changed and the symbol on AIM will
also be changed from EPD to KDD, effective the business day following the EGM.

The Circular is available online at www.europeandiamondsplc.com. Copies are also available to the public,
free of charge, from the registered office of the Company at 22 Grosvenor Square, London W1K 6LF.

European Diamonds PLC is listed on the AIM Market of the London Stock Exchange and its shares trade under
the symbol EPD.

For further information contact:
European Diamonds PLC
Tim Read, Executive Chairman
James Cable, Finance Director
[phone]
First City Public Relations
Allan Piper
[phone]
Canaccord Adams Limited
Mike Jones
Ryan Gaffney
[phone]
e-mail: [e-mail]
website: www.europeandiamondsplc.com

European Diamonds Plc

[XIO]

Unity beckons
By Wendy Durham
Article Date: 15-10-2007
http://www.proactiveinvestors.co.uk/articles/art.php?EPD4

Last March, with the price at 16.5p mid, we thought that European Diamonds could well be on the cusp of a turnaround. The successful PFS and the excellent prospects going forward show that we were right.

Last Friday, European Diamonds called an EGM to change the company name to Kopane Diamond Developments plc. Kopane they explain - is a Sesotho word meaning "Unity". As the first corporate step towards the total repositioning of the company in the market, this comes as a clear clarion call that EPD's management remain determined to change public – and market - perception of their company.

It was back in July when this move was first mooted, along with a significant reorganisation of the top echelon of management. Chairman Buddy Doyle reduced himself to the ranks of non-executive director, whilst Roy Spencer resigned as Chief Exec and also became a non-exec, though he did retain responsibility for the Finland operations. Newcomer Tim Read took the top job as Executive Chairman, and a new Chief Operating Officer was introduced in Stephen Lay. Read has years of experience of the mining industry, having served as CEO at Adastra from 1999 to 2006, after some years as co-head of mining investment at Merrill Lynch. Lay's 30 years of experience as a mining engineer and senior executive will stand him in good stead as he takes on the task of progressing the Main Pipe to full feasibility and production.



At the same time, they also announced that two key corporate actions were under active consideration the spinning off of the Finnish assets into a new company to be known as Northern European Diamonds, and a change in the name of the company to more accurately reflect the Lesotho focus. The spin off, it was clear, would take some time, as court approval would be required to reorganise the capital structure of the Finnish holding company, but the good news was that the shares in the new NED would be distributed to EPD shareholders by way of a dividend.

Still more good news included in that 18th July announcement was the upgrading of the Main Pipe resource and the completion of the Preliminary Feasibility Study, under the supervision of ACA Howe, for which shareholders had long been waiting….

To quote the company's own words on that day: The Company has completed its Main Pipe Pre-Feasibility Study ("PFS") which has generated the following technical and financial elements:
* Kimberlite resources modelled 55.5 million tonnes
* Proposed kimberlite processing rate 3.5 million tonnes per annum
* Initial mine life 16 years
* Provisional cost estimates: Capital US$100 million; Operating US$11 / tonne
* Indicated grade 27 carats / hundred tonnes
* Approximate recoverable carats 15 million carats
* Indicated run of mine value US$70 / carat
* Provisional value of recoverable diamonds US$1.05 billion

It's also worth noting two key comments from Howe, as follows: Howe considers that there may be significant revenue upside above this level because these numbers deliberately excluded several large or bonanza stones, including a 27.7 carat clean D flawless stone recovered from the Main Pipe bulk sampling in December 2006 that realised a price of US$27,000 per carat."

"Howe notes that an independent review and assessment of the macro-diamond size distribution of the Main Pipe based on the recent bulk sampling results by MM Oosterveld, has indicated that an average 200,000 tonnes of kimberlite would yield 4 stones larger than 50 carats and 1 stone larger than 100 carats."

So plenty of potential upside on the $70 per carat level, assessed and vouched for by a specialist organisation whose qualifications to make such an assessement are beyond doubt.

A resource statement issued just two months before, on 17 May, had valued the Main Pipe at a significantly lower level than this, based on available drilling/sampling results at the time. The May assessment prepared by expert diamond consultant Dr Leon Daniels - had covered a mix of indicated and inferred resources down to the 130m level of the pipe, coming up with 30.4 million tonnes at just under 28 cpht, equating to 8.44 million carats and thus valuing the resource at $591 million. This assessment had enabled a successful fund-raising during May and June at 20p, to put another £5.2 million in the bank.

So the July announcement was very good news all around. A new Chairman with some clout, a new COO who was a real mining engineer and not a geologist, a dividend for the shareholders in the fullness of time, and a value for Main Pipe almost 80% higher than just two months earlier.

Which makes it quite inexplicable that the share price, which had been in a gently rising trend from its earlier all time low in November 2006 almost immediately began to fall! Having reached 25p on the day of the announcement, the very next day saw a drop of over a penny, and apart from a couple of stabs at resistance, it has barely stopped since.

Today it stands at just 16.75p, when the company is probably in better shape than it has ever been, with a firm future, strengthened management and a completed PFS that leaves one in absolutely no doubt that the Main Pipe will be Lesotho's next diamond mine. Add to that the fact that the Satellite processing plant is now fully up to speed and churning out diamonds from both Satellite ore and Main samples, and the share price action seems even more strange.

To add to the upside, sales news released just two weeks ago showed that this summer's auctions in Antwerp have realised another $3.4 million in revenue, bringing the total so far to well over $9 million. Overall, run of mine stones are fetching almost $60 per carat average – showing the influence of the lower grade Main Pipe samples on the total plant output. The price did try to rise when this news hit the market, but to no avail. It seems that investors really have fallen out of love with European Diamonds.

It has to be said that in the past the company has - justifiably - acquired a reputation for being a serial non-deliverer whilst raising funds from the market on a depressingly regular basis on decreasingly favourable terms.

But for the last twelve months, operations at the Liqhobong diamond project in Lesotho have progressed steadily, and the plant which serves the producing 69 cpht Satellite Pipe is now at full output, handling both ore from Satellite and bulk samples from the Main Pipe. Main Pipe is under continuing development to arrive at the final full feasibility study and commence production in 2009.

Last March, with the price at 16.5p mid, we thought that European Diamonds could well be on the cusp, and that the problems of the past were over and done with and the company could begin the task of turnaround. Their work of this last Spring and Summer, the successful PFS and the excellent prospects going forward show that we were right. Sadly, the market doesn't agree with us.

But with luck and a following wind not to mention shareholder unity at the upcoming EGM Kopane Diamond Developments might get a different reception.

[XIO]

Audio Interview Dated October 17, 2007:
Interview With:
Tim Read
Executive Chairman

http://www.wallstreetreporter.com/page.php?page=featured&tab…

[XIO]

European Diamonds will hold an extraordinary general meeting on Nov 6 to allow shareholders to vote on the name change.

...also nicht mehr lange, und das Teil heist dann "Kopane Diamond Developments".
Und wir bekommen gratis NED Shares eingebucht.

[German2]

Antwort auf Beitrag Nr.: 32.241.294 von XIO am 01.11.07 20:33:57

[XIO]

European Diamonds Change of Name

KOPANE DIAMOND DEVELOPMENTS PLC

(FORMERLY EUROPEAN DIAMONDS PLC)
(the "Company")

ANNOUNCEMENT

7 November 2007

Extraordinary General Meeting

Kopane Diamond Developments PLC (formerly European Diamonds PLC) confirms that the resolution proposed at the Extraordinary General Meeting of the Company held on 6 November 2007 was duly passed by shareholders.

Further to the change in name to Kopane Diamond Developments Plc, the following changes are also announced:

- The stock ticker symbol, previously EPD, will become KDD effective 12 November 2007 - The ISIN number is unchanged - The Registered office is changed to 43 North Audley Street, London W1K 6WH - The Company's new website address will be www.kopanediamonds.com from 7 November 2007

Following the EGM, Tim Read, Executive Chairman said "We are pleased with the support of our shareholders to the Company's new name and the focus on developing our projects in Southern Africa. We look forward to a successful 2008 as we undertake and complete our Definitive Feasibility Study into the Main Pipe project in Lesotho."

Kopane Diamonds Plc (formerly European Diamonds PLC) is listed on the AIM Market of the London Stock Exchange and its shares trade under the symbol EPD until 12 November 2007 when the symbol changes to KDD.

For further information contact: Kopane Diamond Developments PLC Tim Read, Executive Chairman James Cable, Finance Director [phone] First City Public Relations Allan Piper [phone] Canaccord Adams Limited Mike Jones Ryan Gaffney [phone] e-mail: [e-mail] website: www.kopanediamonds.com

[maribo]

Mon Nov 12, 2007
Preliminary Announcement of Results Year Ended 30 June 2007

--------------------------------------------------------------------------------
View News Release in PDF Format

Highlights of Operations

Kopane is a growing diamond mining company with substantial production and development assets in Lesotho.

The Liqhobong Satellite plant is now producing at a rate over 150,000 carats per annum. A Definitive Feasibility Study has commenced on the Liqhobong Main Pipe which could demonstrate a viable project, capable of producing up to one million carats per annum. Kopane is also committed to bringing its exploration assets in Finland to full value.

Highlights of the year include:
Completion of pre-feasibility study on the Main Pipe

New resource statement increases attributable resource by 8.6m carats

Extension of Mining Agreement for the Main Pipe

Continual improvement in production from Liqhobong Satellite plant

Sales of 77,311 carats valued at $5.4m

Appointment of study manager for Definitive Feasibility Study

Recovery and sale of 27.7 carat stone for $750,000

Important changes to the Board and Management team

Name change to Kopane Diamond Developments PLC
Chairman's Letter to Shareholders

Dear Shareholders

Having been appointed as Executive Chairman of Kopane Diamond Developments Plc ("Kopane" or "the Company") in July 2007, this is my first opportunity to report to you on its activities. Since the last annual report there have been a number of important changes in Kopane and considerable progress has been achieved.

The principal highlights are as follows:
the completion of the Pre Feasibility Study ("PFS") for the Liqhobong Main Pipe Project, demonstrating the viability of the Main Pipe to a PFS degree of accuracy.

the production of a resource statement for the Main Pipe, which increased the Company's attributable resource by 8.6 million carats, from 0.75 million carats on the Satellite Pipe.

the appointment of the study manager for the Definitive Feasibility Study ("DFS") and the start of work on this study.

the agreement in February 2007 with the Government of Lesotho ("GoL") to extend the existing Mining Agreement to cover the adjacent 8.4 hectare ("ha") Main Pipe over a 20 year period.

the continued improvement in production from the Liqhobong Mine Satellite Pipe. In the past financial year, despite experiencing some operational disruptions, we were able to ship and sell 77,311 carats with a total value of $5.44 million.

the recovery and sale of a 27.7 carat diamond at a price of approximately $750,000, regarded as being a fragment of a 100 carat plus stone thereby demonstrating the existence of bonanza stones in the Main Pipe.

important changes to the Board and the Management team to provide the necessary skills to complete the DFS for the Main Pipe Project and to finance and develop the mine.

the refocus of the Company on its Lesotho assets and a Management review of the options to restructure the Finnish assets.

the overwhelming vote of shareholders on 6 November 2007 in favour of a name-change from European Diamonds Plc to Kopane Diamond Developments Plc.
Let us look at these important events in more detail, starting with the most recent.

This change in name of the Company to Kopane Diamond Developments Plc was approved by shareholders at an Extraordinary General Meeting held on 6 November 2007. The Board considers this change to be in the best interest of the Company and reflects the current and future business focus of the Company, namely to develop and operate its diamond mining projects in Lesotho. "Kopane" is a Sesotho word meaning "unity" or "togetherness", "Diamond" is, of course, the Company's continuing focus and "Developments" encapsulates the progress in the Satellite and Main Pipes. In consequence of this name-change, management is currently engaged in a rebranding exercise, which will eventually encompass all aspects of your Company's public face and provide a coherent brand image to all of our various stakeholders.

In July 2007, I was appointed Executive Chairman and Stephen Lay was appointed Chief Operating Officer. Stephen brings to your Company some thirty years of operating and consulting experience in the mining industry. It is now our responsibility, with the assistance of our fellow executive directors, James Cable and Andrew Birnie and the rest of a first class management team, to take Kopane through to the finance, development and operation of the Liqhobong Main Pipe Project.

On your behalf, I would like to thank Buddy Doyle for serving as Chairman, prior to my appointment, and Roy Spencer for serving as Chief Executive Officer ever since the Company's formation in 2001. Both Buddy and Roy remain on the Board as non-executive directors and their considerable diamond expertise will continue to be available to us. We would also like to thank Murdoch Beaton for his services to the Company as a Director until he stepped down in July 2007.

Our operations in Lesotho are conducted by our operating subsidiary Liqhobong Mining Development Company ("LMDC"). We own 75% of LMDC with the balance of ownership held by the GoL. This partnership has proved to be outstandingly successful and I would like to pay particular tribute to the considerable support and cooperation that we have received from the Ministry of Natural Resources. In return, we operate the Liqhobong assets with a high level of responsibility due to all its stakeholders.

This strong relationship was exemplified by our ability, in February of this year, to reach agreement with the Government to extend the existing Mining Agreement to cover the Main Pipe. This amended agreement allows for full scale mining of the Main Pipe over a 20 year period, largely on the same terms and conditions that has applied to the Satellite Pipe operation.

The single most important event of the past year was the completion of the PFS which demonstrated the viability of the Main Pipe to a PFS degree of accuracy. It included a modelled kimberlite resource of 55.5 million tonnes with an average grade of 0.27 carats per tonne ("cpt") and an average diamond value of US$70 per carat. This would indicate a provisional estimated value of recoverable diamonds of $1.05 billion over a 16 year mine life, with a capital cost of $100 million.

The PFS was independently reviewed by ACA Howe International ("Howe") who concluded that it had been carried out to a high standard with conservative design, operating and revenue parameters and that the project is technically and financially robust. Howe went on to recommend that the Company should, without delay, proceed with the DFS. They also pointed out that the assumptions used in the PFS were conservative and that there could be a number of potentially significant upsides to the projects economics, namely
The size of the resource could extend below the presently modelled depth of 300 meters below surface. We know that mineralisation extends to a depth of 600 meters.

The average grade of the most recent bulk sample of 14,000 tonnes, not included in the PFS, was 0.41 cpt compared to the 0.27 cpt used in the resource statement.

The recovery of several large stones in December 2006 from the Main Pipe would seem to support the view that big and bonanza stones should increase the realizable price per carat above the $70 used in the PFS.
The DFS is now underway. In November 2007 we have appointed AMC Consultants (UK) as the study manager and preliminary work has already commenced. This study is expected to be completed in the final quarter of 2008. As part of the DFS, a programme of diamond core, large diameter drilling and surface bulk sampling will be undertaken early in 2008 to provide more data on tonnage, grade and diamond values.

The provision of grid electrical power to the Liqhobong site is an important prerequisite for the successful development of the Main Pipe Project. Accordingly, the Company has completed engineering studies and is now undertaking an Environmental and Social Impact Assessment of a plan to connect Liqhobong to the Lesotho electricity grid in time for the commencement of production at the proposed new Main Pipe plant. The Company is assessing the most appropriate structure and funding for this power line in conjunction with the GoL and other interested parties.

Production from the Satellite Plant continued to improve throughout the past financial year. In July 2006, it attained an average throughput of 40 tonnes per hour ("tph") and was determined to have attained the Commencement of Commercial Production. Since then, the Satellite Plant has experienced certain operational problems, due to equipment failure, the nature of the feed material, the inadequate level of operator training, and the geographical remoteness of the location. The LMDC staff have resolutely tackled these issues and plant throughput has continued to climb. A new production plan has been implemented in the past several months, which should enable the Satellite Plant to achieve higher levels of operational efficiency in the coming months.

By June 30th 2007 the Company had held nine sales in Antwerp since March 2006 through its marketing agent BHP Billiton Diamonds (Belgium) N.V ("BHP Billiton"), totalling 102,693 carats and realising $6.56 million. Further sales of 64,384 carats since the year-end have realised $3.13 million. In early 2007, the Company renewed its sales agreement with BHPB to organise diamond sales on the Company's behalf in Antwerp. Your Board continues to consider this marketing arrangement to be beneficial for the Company.

Rough diamond prices in 2007 have been stronger than the preceding year, which had been adversely affected by exceptionally heavy sales by the Diamond Trading Company (DTC), and severe floods experienced in the cutting centres in India during July 2006. Your Board believes that medium and long term trends in rough diamond supply and demand remain positive for producers and that prices should remain firm.

Kopane retains important diamond claims in Finland and exploration conducted on these properties has continued to support the prospectivity of the Finnish Karelian Craton. However, now that Kopane is focussing its attention on its operations in Lesotho, it has become necessary to find a structure which would permit the Finnish assets to be managed and funded separately.

Your board is evaluating a number of options which would allow the Finnish assets to be developed fully whilst giving Kopane's shareholders the opportunity to retain a material participation in any further exploration success. Your Board will keep shareholders fully informed about developments as they evolve.

The Company raised further funds in the year by the issue of 47 million ordinary shares to raise £8.3 million before expenses. The proceeds have been used to fund the PFS and provide additional working capital. The Board is now planning to obtain a secondary listing on the AltX market of the Johannesburg Stock Exchange ("JSE") in the first quarter of 2008. The directors believe that listing on the JSE will enhance potential investor awareness of the company, facilitate direct investment in the Company by South African investors, provide the Company with potential fresh sources of capital, provide investors with an additional market for trading the Company's shares and provide improved liquidity.

Your Board believes that Kopane is now entering into a phase of substantial value creation with the completion of the DFS, which will demonstrate the economic viability of the Main Pipe Project. The Company should be able to establish itself as an important diamond producer with continued production from the Satellite Pipe and the development of the Main Pipe leading to an output approaching one million carats per annum.

As I said at the outset of this letter, I am new to Kopane but I have been very fortunate to have inherited a first class team of people both in Lesotho and the UK. Accordingly, I would like to thank all of our staff, consultants and advisors who have contributed to a highly successful year for Kopane and our shareholders, who have continued to support the Company in its evolution as an important diamond producer.


Tim Read
Executive Chairman

Operational Review

LESOTHO
The Company's diamond operations are located at the head of the Liqhobong Valley, high in the Maluti Mountains of northern Lesotho, on a mining lease covering 390 ha. This licence contains five kimberlites of which three have yet to be extensively explored. Current operations comprise the Satellite Pipe, with a surface area of 0.9 ha, the much larger Main Pipe, with a surface area of over 8.6 ha, and the Satellite Pipe diamond recovery plant. The Liqhobong operating company, LMDC, received the original production licence for the Satellite Pipe from the GoL in 2001. In February of this year, the Company was successful in reaching agreement with the GoL for an extension to this mining licence to enable it to mine from the Main Pipe for up to 20 years.

Kopane owns a 75% interest in LMDC and the remainder is owned by the GoL.

Production and Sales
The Satellite Plant, which has a name-plate capacity of 60 tonnes per hour ("tph"), commenced production in late 2005. By July 2006, throughput had reached 40 tph, which was determined to be the formal Commencement of Commercial Production, so satisfying the provisions of the mining licence with the GoL. Throughput is currently running at a rate of 50 tph and we expect to attain full capacity in the coming months.

The ramp-up of production has taken longer than originally anticipated for four principal reasons, namely equipment failure, the nature of the ore feed, inadequately trained personnel and the geographical remoteness of the location. The first three issues are being rigorously addressed and we are learning to live with the fourth. Certain items of equipment, including the tertiary crusher have been replaced and there has now been an overhaul of operating, maintenance and training procedures, which have resulted in much improved plant availability and better levels of throughput.

In order to optimise diamond recoveries, the plant has run on a blend of kimberlite from the Satellite Pipe and Main Pipe and, under the newly installed mining plan, this blending will continue over the next twelve months, subject to the need to process bulk sample material from the Main Pipe.

The Liqhobong project employs 129 workers, including sub contractors, most of whom are Lesotho nationals and of these a significant number are sourced from local communities. Operator training remains a key issue and the Company is committed to maintaining a high standard of operation in this challenging location. There is little doubt that LMDC's operating experience at Liqhobong will place the Company in a very strong position when the planned much larger Main Pipe plant is constructed and commissioned over the next few years.
Liqhobong diamonds are marketed in Antwerp by BHP Billiton. In March 2007, we renewed our contract with BHP Billiton for a further year. Since the start of production, until October 2007, we have conducted 12 tenders and the general response from buyers has been excellent, our production of Lesotho yellow diamonds being particularly in demand. In the year to June 30th 2007, the Company held 6 sales of rough diamonds totalling 77,311 carats with an aggregate value of $ 5.44 million.

In December 2006 the Company sold a 27.7 carat clean D-colour stone recovered from the Main Pipe which realised $27,000 per carat, the highest price paid on a per carat basis from Lesotho at the time. It is believed that this stone formed part of much larger stone, possibly in excess of 100 carats, which may inadvertently have been crushed. The incidence of such bonanza stones could have a very important impact upon the profitability of the Main Pipe. The Company has now reviewed the parameters of the Satellite Plant to allow for these larger stones to be recovered without damage.

The following is a summary of LMDC's diamond sales over the past 2 years:

Calendar Year Half Sales Volume
Carats Sales Value
$ million Average Value
$ per carat
2006 1 25,382 1.126 44.36
2 30,025 3.157 105.15
2007 1 47,286 2.282 48.26
2 64,384 3.129 48.60

Although it may not be readily apparent from the above table, the price for Liqhobong diamonds have, so far, been stronger in 2007 than in the previous year. The values in the second half of 2006 were boosted by the large stones sold in the December tender. In the first half of calendar 2007 the average value received for the blended production amounted to $48.26 per carat compared to $44.36 per carat for the equivalent period in 2006, an improvement of some 8.8%.

Power
Power for the Satellite mining operations is currently provided by diesel generators but the spiralling cost of diesel and the much greater power requirements of the Main Pipe necessitates that Liqhobong will have to access grid power. Accordingly, the Company commenced and has now largely completed engineering and environmental studies with independent contractors, in liaison with the Lesotho Electricity Commission, with the aim of providing grid power to Liqhobong. The cost of the project, which has been estimated at $ 19 million, is expected to be shared between the GoL, Kopane and other power consumers. Kopane's share is expected to amount to $7 million. Alternative options for the financing of this project are being reviewed by the Company.

The Pre-Feasibility Study ("PFS")
In July 2007, Kopane published the results of the PFS on the Liqhobong Main Pipe project, which demonstrated the viability of the Main Pipe to a PFS degree of accuracy. It included a modelled kimberlite resource of 55.5 million tonnes with a provisional estimated value of recoverable diamonds of $1.05 billion over a 16 year mine life with a capital cost of $100 million. The PFS was audited by ACA Howe International ("Howe") who concluded that it had been carried out to a high standard with conservative design, operating and revenue parameters and that the project is technically and financially robust.

Kimberlite resources modelled 55.5 million tonnes
Proposed kimberlite processing rate 3.5 million tonnes per annum
Initial mine life
16 years
Provisional cost estimates
Capital $100 million (including contingency)
Operating $11 / tonne
Indicated grade 27 carats / hundred tonnes
Approximate recoverable carats 15 million carats
Indicated run of mine value $70 / carat
Provisional value of recoverable diamonds $1.05 billion

The following table is a summary of reserves and resources published upon completion of the PFS. It shows both the gross reserves and resources that accrue to the project's operator, LMDC and the net attributable reserves and resources that accrue to Kopane, LMDC's 75% shareholder:

Category Attributable to LMDC (100%) Net Attributable to Kopane (75%)
MAIN PIPE
Mineral Resources Tonnes
(millions) Grade
(cpht) Contained
Diamonds
(million carats) Tonnes
(millions) Grade
(cpht) Contained
Diamonds
(million carats)
Measured - - - - - -
Indicated 13.99 28.16 3.940 10.49 28.16 2.955
Inferred 28.17 26.99 7.602 21.13 26.99 5.702
Total 42.16 27.38 11.542 31.62 27.38 8.657

Source: Geocontracts Botswana (Pty) Ltd ("Geocontracts")

The updated resource statement was carried out by specialist independent diamond geological and mining consultancy Geocontracts and reviewed by Howe. The statement was prepared according to the Definitions and Guidelines for the CIM Standards on Mineral Resources and Reserves of the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM Standards") and is based on data collected prior to the end of 2006.

The above resources were derived from a volumetric geological model for kimberlite facies (K2, K4 and K5) above the 2,300 metre elevation, for which macro and micro diamond data are available. The total of 42.16 million tonnes specifically excludes tonnage from both the K6 facies and undifferentiated kimberlite below the 2,300 metre elevation, for which there is no grade data available. These two elements have a combined tonnage estimated at 13.3 million tonnes, and have been modelled in the life of mine mining plan using the resource average grade of 0.27 cpt. Consequently the modelled resource totals 55.5 million tonnes.

The grade estimate used in the PFS of 0.27 cpt was based upon a bulk sample of 25,000 tonnes of kimberlite sampled from 6 sample sites which were collected and processed through the Satellite Plant in 2006. This material produced approximately 7,000 carats of commercial sized diamonds up to 29 carats in weight for a global grade of 0.27 cpt. This year, we recovered another scientifically controlled bulk sample from the Main Pipe of 13,861 tonnes which produced 5,685 carats achieving a grade of 0.41 cpt. This sample, like its predecessor, was processed through the existing plant to simulate actual recovery processes. As part of the DFS, the Company is planning further bulk sampling, including a programme of wide diameter drilling, which will provide further knowledge about the overall grade of the Main Pipe. In the meantime, this higher grade of 0.41 cpt does demonstrate some the potential upside to the project's economics.

It is also important to note that the PFS used an average value of $70 per carat based on a valued parcel of 6,088 carats extracted from the Main Pipe. This value excluded the impact of any large or bonanza stones, such as those sold in the December 2006 tender, which averaged $187.55 per carat from 11,606 carats. If the effect of these stones is included there could be a further considerable upside benefit to the project. This view has been subsequently strengthened by the independent review and assessment of the macro-diamond size distribution of the Main Pipe on recent bulk sampling results by MM Oosterveld, which indicated that an average 200,000 tonnes of kimberlite would yield 4 stones larger than 50 carats and 1 stone larger than 100 carats. The impact of the bonanza stones upon average grade may become clearer as the DFS progresses.

The Definitive Feasibility Study
One of the principal recommendations of the PFS was that Kopane should embark without delay on the DFS. We have now selected AMC Consultants (UK) Limited to be the manager for this study, which is expected to take 12 months to complete. This study will be produced to a sufficient level of detail and accuracy to permit the project to be funded by limited recourse project finance. Work has already started on the study with a review of the project documentation, the development of an exploration and evaluation drilling plan and schedule and the determination of the scope of work for the sub-contractors. Phase 2 of the DFS will include, inter alia, the implementation of the wide diameter drilling and surface bulk sampling programmes, the development of a bankable resource, the design of a flow sheet, the production of capital and operating cost estimates, a marketing study, a risk analysis and an Environmental and Social Impact Assessment.

FINLAND
Kopane currently owns 28 mineral exploration claims and reservations in Finland, totalling 29,000 hectares, located in the Finnish Karelian Craton. Exploration on these properties over the past six years has consistently demonstrated the prospectivity of the area for diamond discovery and development. Given, however, the refocus of the Company on its Lesotho assets, it was determined that Management would seek to find a means by which the Finnish assets could be separately funded and administered, so not to be a drain on Kopane's financial and management resources.

Your Board is still evaluating a number of alternative options which would enable the Finnish properties to be funded through to feasibility study. You will be kept fully informed about future developments. To date a total of $13.5 million has been spent on these properties and the Board has considered it prudent to write down their current value.

DIAMOND DEMAND AND PRICES
Average rough diamond prices rose by about 60% between January 2003 and May 2007, largely in response to consumer demand, from increased consumer spending on diamond jewellery in the United States and Asia and a general shortage of rough diamonds, although there was some stock building by the trade in anticipation of tightening supply. The world value of mine production in 2006 is estimated at $13.1 billion. The increase in price in rough diamonds outpaced that of polished diamonds considerably between mid 2003 and mid 2005 although since then rough diamonds prices have fallen back to be more closely aligned with polished prices. This pricing convergence has predominantly been linked with the reduction of DeBeers stockpile since 2003. Although DeBeers' market share has now fallen below 50%, it continues to exercise significant influence over the market with its production and pricing decisions.

There is now a world shortage of natural, rough diamonds which is likely to be intensified over the next five to 10 years as growth in demand continues to outstrip supply. The supply deficit is thought to be particularly pronounced in respect of larger, high-quality rough diamonds. Forecast production of rough diamonds is static over this period, with demand growing at 1% per annum above GDP growth.

In 2007 to mid-year, rough diamond prices rose by approximately 2% and the Company's own sales in the year achieved strong prices. We remain optimistic about the fundamentals of the rough diamond industry and of prices in the medium term.

FINANCIAL
The consolidated net loss after taxation in respect of the year ended 30 June 2007 amounted to £7.2 million (loss per share 8.5p) compared to the restated consolidated net loss after taxation for 2006 of £5.2 million (loss per share 9.4p). The loss was greater than the previous year due mainly to a significant increase in sales from £0.6 million to £2.8 million resulting from greater production of rough diamonds compared to the previous year, offset by the impairment of exploration and evaluation costs in Finland. In accordance with new accounting standards, the previous year's financial statements have been restated to expense the fair value of options granted in that year of £0.3 million, approximately the same amount as the current year. Depreciation of the plant in Lesotho was £2 million in the year (2006: £2.1 million) and the carrying value of exploration and evaluation costs in Finland have been impaired by £2.7 million (2006: nil).

There were six diamond sales in the year to 30 June 2007 totalling 77,311 carats generating revenue of £2.8 million (2006: £0.6 million). Since the year end there have been further sales to the end of October 2007 generating £1.6 million in revenue. The Group's only other income in the year arose from bank deposit interest which amounted to £38,000 (2006: £13,600), the increase being due to higher cash balances held throughout the year.

The net assets of the Group amounted to approximately £14 million as at the year end (2006: £13.3 million) which included fixed assets of £4.3 million (2005: £6.7m). The reduction in fixed assets relates primarily to the depreciation of the plant at Liqhobong. Intangible assets at 30 June 2007 were approximately £5.4 million (2006: £7.3 million), the decrease due to new expenditure in Lesotho offset by the impairment of the Finnish exploration costs noted above. Intangible assets relate to accumulated deferred exploration and evaluation costs and goodwill in respect of the Group's diamond interests in Finland and in the Main Pipe in Lesotho. The Group's accounting policy is to capitalise these costs pending determination of the feasibility of the project to which they relate.

The Company has undertaken improvements to the processing plant at Liqhobong in 2007 to enable production to reach planned levels.

CORPORATE AND SOCIAL RESPONSIBILITY
Kopane is committed to adhere to high standards of Corporate and Social Responsibility. The Definitive Feasibility Study for the Liqhobong Main Pipe Project will incorporate an Environmental and Social Impact Assessment produced in compliance with the Equator Principles. The development of this project will be structured to ensure the maximum possible positive social impact on the Liqhobong Valley and the Kingdom of Lesotho as a whole.

PRINCIPAL RISKS AND UNCERTAINTIES
The Group's diamond sales are based on the number and quality of rough diamonds recovered from production at its mine in Lesotho and transported to market. The Group's diamond sales are made in Antwerp, Belgium to invited customers who submit sealed bids. The Group is therefore dependent on its mine production, recovery of diamonds and market conditions which prevail at the time of the sales.

The exploration activities of the Group are speculative due to the high-risk nature of this part of its business. There can be no assurance that the Group will be able to find or economically recover diamonds from its projects or that it will be able to complete planned development.

The Group's diamond sales are made in Belgium in US dollars which are converted into Lesotho Maloti. The Group also makes expenditure in Lesotho Maloti, South African Rand and Euros. The Group is therefore exposed to the movement in exchange rates for the US dollar, Lesotho Maloti, South African Rand and Euros to Sterling. The Group does not hedge foreign exchange risk although monitors this situation and seeks to minimise cash held in foreign currencies.

The group's projects require funding in order to realise their potential. The availability of funding cannot be guaranteed.

Annual General Meeting
The Annual General Meeting will be held at The Millennium Hotel, Manhattan Suite, 44 Grosvenor Square, Mayfair, London, W1K 2HP on Friday, 7 December 2007 at 11.00 am.

Kopane Diamond Developments Plc is listed on the Alternative Investment Market (AIM) in London and its shares trade under the symbol KDD.

Corporate Information:
Stock Exchange listing London AIM
Trading symbol KDD
Shares in issue 109,361,283
Website www.kopanediamonds.com
E-mail address [e-mail]


For further information contact:

Kopane Diamond Developments PLC
Tim Read, Executive Chairman
James Cable, Finance Director
[phone]

First City Public Relations
Allan Piper
[phone]

Canaccord Adams Limited
Mike Jones
Ryan Gaffney
[phone]

PRELIMINARY STATEMENT

This preliminary statement was approved by the Board of Directors on 7 November 2007 and has been agreed by the auditors. It does not constitute statutory accounts within the meaning of section 240 of the Companies Act 1985. The statutory accounts will be sent to shareholders shortly and will be filed following the Company's Annual General Meeting. The Auditors have reported on these accounts; their report is unqualified and does not contain statements under section 237(2) or (3) of the Companies Act 1985.


Consolidated profit and loss account

Year Ended
30 June
2007
£’000 Year Ended
30 June
2006
(restated)
£’000


Turnover 2,791 626
Cost of sales (2,137) (1,936)


Gross profit/(loss) 654 (1,310)


Administrative expenses
Administrative expenses - depreciation (2,040) (2,099)
Administrative expenses - other (3,086) (2,422)
Administrative expenses - impairment of intangible assets (2,700) -
Administrative expenses total (7,826) (4,521)


Operating loss (7,172) (5,831)
Interest receivable and similar income 38 13
Interest payable (17) (4)


Loss on ordinary activities before taxation (7,151) (5,822)
Tax on loss on ordinary activities - -


Loss for the year after taxation (7,151) (5,822)
Minority interest - 640


Loss for the financial year (7,151) (5,182)
Loss per share
- basic and diluted 8.5p 9.4p

All amounts reflected above relate to continuing operations.

Consolidated statement of total recognised gains and losses 2007
£'000 2006
(restated)
£'000


Loss for the year (7,151) (5,182)


Exchange loss on re-translation of net assets of subsidiary undertakings (417) (1,136)


Total recognised loss for the year (7,568) (6,318)


Prior year adjustment (see note 2) (280) -


(7,848) (6,318)


Balance sheets Group
As at
30 June
2007
£'000 Group
As at
30 June
2006
(restated)
£'000 Company
As at
30 June
2007
£'000 Company
As at
30 June
2006
(restated)
£'000


Fixed assets


Tangible assets 4,298 6,653 18 20
Intangible assets
Goodwill 925 1,037 - -
Negative goodwill (186) (247) - -


Total goodwill 739 790 - -


Exploration and evaluation costs 4,668 6,548 - -


Total intangible assets 5,407 7,338 - -


Investments - - 1,814 4,730
9,705 13,991 1,832 4,750


Current assets
Stock 594 144 - -
Debtors - due within one year 124 256 8,385 4,954
Debtors - due after more than one year - - 7,877 8,057
Cash at bank and short term deposits 4,424 254 4,106 37


5,142 654 20,368 13,048


Current liabilities
Creditors - amounts falling due within one year 791 1,224 234 826


Net current assets/(liabilities) 4,351 (570) 20,134 12,222


Total assets less current liabilities 14,056 13,421 21,966 16,972


Deferred income 113 116 - -


Provision for liabilities and charges 25 14 - -


Net assets 13,918 13,291 21,966 16,972


Capital and reserves
Called up share capital 5,468 3,120 5,468 3,120
Share premium account 22,286 16,748 22,286 16,748
Merger reserve 3,271 3,271 - -
Share Based Payments 589 280 589 280
Profit and loss account (17,696) (10,128) (6,377) (3,176)


Equity shareholders' funds 13,918 13,291 21,966 16,972


Minority interest - equity - - - -


13,918 13,291 21,966 16,972


Consolidated cash flow statement Year ended
30 June
2007
£'000 Year ended
30 June
2007
£'000


Net cash outflow from operating activities (2,203) (3,573)
Returns on investment and servicing of finance 21 11
Capital expenditure and financial investment (1,020) (1,081)


Net cash outflow before management of liquid resources and financing (3,202) (4,643)
Management of liquid resources 1 399
Financing 7,372 3,172


Increase/(decrease) in cash during the year 4,171 (1,072)


Reconciliation of net cash flow to movement in net funds
Increase/(decrease) in cash during the year 4,171 (1,072)
Cash inflow/(outflow) from decrease/(increase) in loans 347 (347)
Cash used to decrease liquid resources (1) -
Movement in short term deposits - (399)


Movement in net funds 4,517 (1,818)
Net (debt)/funds at 1 July 2006 (93) (1,725)


Net funds/(debt) at 30 June 2007 4,424 (93)

1. NATURE OF OPERATIONS AND GOING CONCERN
The Group owns diamond interests in Lesotho and Finland. The Satellite Pipe continued to produce during the year and Commercial Production, as defined by the licence agreement, was reached in July 2006 and there have been six sales of rough diamonds in the financial year. A Pre-Feasibility Study into the viability of the Main Pipe was completed in July 2007 and recommended that a Definitive Feasibility Study is undertaken and this is scheduled to be completed in 2008. In addition, the Main Pipe resource estimates were increased following further bulk sampling. The Finnish interests are still at an exploration stage and the Company is reviewing alternative options to enable the projects to be funded through the feasibility study.

In order to fund the planned project expenditure the Group will need to raise funds in the next 12 months. However, revenues from diamond sales produce positive operating cash flows and these, together with access to finance, will enable the Company to fund the planned project expenditure and its general operating overheads. Given the stage of the project and the positive Pre-Feasibility Study, the directors are confident that the funds will be available and therefore the financial statements have been prepared on the going concern basis.

The consolidated financial statements do not include any adjustments that would result from the Company or any of its subsidiary undertakings ceasing to operate as a going concern.

2. ACCOUNTING POLICIES
The consolidated financial statements have been prepared under the historical cost convention and in accordance with applicable accounting standards and UK GAAP.

Basis of consolidation and accounting for goodwill
The Group accounts consolidate the accounts of Kopane Diamond Developments Plc and all its subsidiary undertakings. The acquisition by the company of European Diamonds Limited in December 2000 was accounted for in accordance with the principles of merger accounting set out in FRS 6 on "Acquisitions and Mergers".

The acquisition method of accounting is adopted where relevant conditions are fulfilled. The purchase consideration is allocated to the assets and liabilities on the basis of fair value at the date of acquisition. Goodwill arising on consolidation is capitalised and shown under fixed assets. Amortisation of goodwill arising from the acquisitions is deferred until production occurs, when it will be charged over the expected production period of the project. Where a project is abandoned or is determined not economically viable, the goodwill is written off.

In the Company's Balance Sheet, the investment in European Diamonds Limited and MineGem Inc. includes the nominal value of the shares issued as consideration for the acquisition of each company. As permitted by sections 131 and 133 of the Companies Act 1985, no premium was recorded on the issue of such shares. On consolidation, the difference between the nominal value of the shares issued and their fair value was credited directly to the merger reserve.

Following the repayment of the group's loan to the Industrial Development Corporation ("IDC"), the group acquired IDC's 10% shareholding in the Lesotho subsidiaries for nil consideration, thus resulting in the creation of negative goodwill.

Negative goodwill is recognised in the profit and loss account over the period that non-monetary acquired assets are recovered. The expected useful life of these assets is five years.

Deferred Exploration and Evaluation Costs
These comprise costs directly incurred in exploration and evaluation as well as the cost of mineral licences. They are capitalised as intangible assets pending the determination of the feasibility of the project. When the existence of economically recoverable reserves is established the related intangible assets are transferred to tangible assets and the exploration and evaluation costs are amortised over the life of the mine. Where a project is abandoned or is determined not economically viable, the related costs are written off.

The carrying amounts of the Group's assets are reviewed at each balance sheet date to determine whether there is any indication of impairment. If such indication exists, the asset's recoverable amount is estimated.

The recoverability of deferred exploration and evaluation costs is dependent upon a number of factors common to the natural resource sector. These include the extent to which a Company can establish economically recoverable reserves on its properties, the ability of the company to obtain necessary financing to complete the development of such reserves and future profitable production or proceeds from the disposition thereof.

The mining assets in Lesotho are depreciated and charged to the profit and loss account. Depreciation continues to be charged over an expected Satellite Pipe life of five years.

Share based payments
The fair value of share based payments is charged to the profit and loss account in the period in which it arises. This estimate is based on a Black-Scholes model which is considered most appropriate considering the effects of the vesting conditions, expected exercise period and the dividend policy of the Company.

During the year the Company has adopted FRS 20 ('Share based payments') to account for share based payments using the fair value based method with respect to all share based payments to directors and employees.

A prior period adjustment has been made to reflect this change of accounting policy, the effect of which has been to increase administrative expenses in the prior year by £280,000. The effect of the change in accounting policy on the current year has been
to increase costs by £309,000. There is no effect on shareholders' equity.

Turnover and Income Recognition
Turnover represents gross revenue from the sale of rough diamonds before selling costs. Revenue is recognised at the point of acceptance of customers' bids for the rough diamonds.

Interest income is accrued on a time basis, by reference to the principal outstanding and at the rate applicable.

Loss Per Share
The calculation of basic loss per ordinary share on the net basis is based on the loss on ordinary activities after taxation of £7,151,000 (2006: (restated) £5,182,000) and on 84,367,325 (2006: 55,445,179) ordinary shares being the weighted average number of ordinary shares in issue and ranking for dividend during the year. The diluted loss per share is presented on the same basis as the effect of the exercise of share options would be to decrease the loss per share.

EQUITY SHAREHOLDERS' FUNDS

The movement in equity shareholders' funds during the year arose as follows: Group
2007
£'000 Group
(restated)
£'000 Company
2007
£'000 Company
(restated)
£'000


At 1 July 2006 13,291 16,504 16,972 14,316
Issue of share capital (see note 18) 2,348 670 2,348 670
Share Premium arising on share issues (see note 19) 6,093 2,429 6,093 2,429
Share Issue Costs ( see note 19) (555) (274) (555) (274)
Exchange movement on reserves (417) (1,136) - -
Share Based Payments 309 280 309 280
Loss arising in year (7,151) (5,182) (3,201) (499)


At 30 June 2007 13,918 13,291 21,966 16,972

[XIO]

Kopane Diamond Re Joint Venture

KOPANE DIAMOND DEVELOPMENTS Plc

(FORMERLY EUROPEAN DIAMONDS Plc)
(the "Company")

ANNOUNCEMENT

20 November 2007

Announcement of Joint Venture

Kopane Diamond Developments Plc, formerly European Diamonds Plc, ("Kopane" or "the Company"), today announces that it has signed non-legally binding heads of agreement with Mantle Diamonds Limited ("Mantle") to establish a new joint venture in respect of all of the Company's Finnish properties (the "Proposal").

The Proposal is subject to Kopane and Mantle entering into a definitive Joint Venture Agreement ("JVA").

Under the Proposal, Kopane will place all of its diamond exploration assets in Finland, amounting to 28 mineral claims and reservations, into a new joint venture company ("Newco"). Mantle will be able to earn up to a 70% interest in Newco:

(a) by spending $5 million on exploration and evaluation on Newco's behalf. As part of this sum, Mantle has specifically agreed to commission, fully fund and complete a bankable feasibility study in respect of the Company's Lahtojoki property; and

(b) by paying Kopane £2 million in Mantle shares as follows: - One-third on completion of the JVA; - One-third within 24 months of completion of the JVA or on publication of a bankable feasibility study in respect of the Company's Lahtojoki property, whichever is earlier; and - One-third 12 months thereafter.

Tim Read, Executive Chairman of the Company said: "This Proposal is a very important step forward in the restructuring of Kopane. It allows us to concentrate Kopane's management, technical and financial resources on our Liqhobong assets in Lesotho, whilst continuing to participate in the development of the Finnish assets. Mantle has a strong diamond exploration team with a good understanding of Finland's potential. We are confident that they will be able to add considerable value to the joint venture.

[German2]

Wed Nov 21, 2007
Change in Directors' Share Interests
The Company was notified yesterday that on that day: (1) a company within the Dragon Group, a group controlled by A J Williams, Director of the Company, purchased 1,000,000 ordinary shares of 5p each at a price of 15.625p per share; (2) T P Read, Director and Chairman of the Company, purchased 150,000 ordinary shares of 5p each at a price of 16p per share; and (3) S Lay, Director of the Company, purchased 150,000 ordinary shares of 5p each at a price of 16.5p per share.

Following this transaction: (1) Mr Williams' interest in the Company is 6,053,985 ordinary shares (5.54% of the issued share capital) and 1,775,000 options in respect of ordinary shares in the Company; (2) Mr Read's interest in the Company is 250,000 ordinary shares (0.23% of the issued share capital) and 1,000,000 options in respect of ordinary shares in the Company; and (3) Mr Lay's interest in the Company is 150,000 ordinary shares (0.14% of the issued share capital) and 500,000 options in respect of ordinary shares in the Company.


For further information contact:
Kopane Diamond Developments Plc
Tim Read, Executive Chairman
James Cable, Finance Director
[phone]
First City Public Relations
Allan Piper
[phone]
Canaccord Adams Limited
Mike Jones
Ryan Gaffney
[phone]
e-mail: [e-mail]
website: www.kopanediamonds.com

[XIO]

Unterstützung vom Management, das ist gut!

[XIO]

http://www.proactiveinvestors.co.uk/pdf/kdd20071126-2.pdf

[Popeye82]

Kann mir vielleicht jemand sagen, zu welchen durchscnittlichem
Verkaufspreis die Diamanten zu veranschlagen wären??


"Kopane Diamond Developments, which used to be known as European Diamonds, changed its name to reflect the fact that it is now focussed on diamonds in Lesotho. The Liqhobong Satellite plant is producing at a rate over 150,000 carats per annum. A definitive feasibility study has commenced on the Liqhobong Main Pipe which could demonstrate a viable project, capable of producing up to one million carats per annum. Kopane is also committed to bringing its exploration assets in Finland to full value through a joint venture with a private company, Mantle Diamonds, which will list on AIM this year. Mantle will earn a 70 per cent interest in the joint venture, the exact terms of which are still being negotiated."


Als Longterm Ziel 1 Million Karat, das wär wohl schon
ne ganz schöne Marke.

[ArmerThor]

Antwort auf Beitrag Nr.: 32.974.811 von Popeye82 am 08.01.08 04:38:25

Und genau aus diesem Grund verläßt keine Aktie mein Depot!

[XIO]

bin auch weiter drinne

[XIO]

Antwort auf Beitrag Nr.: 32.974.811 von Popeye82 am 08.01.08 04:38:25

Die normalen klunkern gehen zu 50-60 USD über den tisch, für Fancies (gelblich gefärbt)und extra große steine gibt es bedeutend mehr.
Kopane hat bei der überwiegenden Menge der Steine keine besondere qualität, aber dafür könne, sie diese zu jeder Zeit an jedem Ort verkaufen.

In der Mainpipe sind ca für 1 Mrd. USD Klunkern drinne (derzeit bis 600 meter Tiefe geschätzt)

Man macht gerade die DFS dafür, und dann kommt auf jeden Fall eine Finanzierung von ca. 100 Mio USD für die Erweiterung der Mine.

[XIO]

Kopane Diamonds completes JV with Mantle
Monday, January 14, 2008, 08:47 AM
Diamond exploration and production company Kopand Diamonds (AIM: KDD) confirmed that it had converted a heads of agreement with Mantle Diamonds to a definitive joint venture agreement. The agreement will see Kopane vend its 28 mineral claims and reservations in Finland into the joint venture in and retain at least a 30% interest. Mantle Diamonds will be able to earn up to 70% by spending US$5 million which will include a bank feasibility study onthe Lahtojoki property. Mantle will also issue 20 million shares to Kopane as certain milestones are met.

Meanwhile in Lesotho, where Kopane produces diamonds from its Liqhobong operations, the company confirmed that despite heavy rainfall, it had continued to make progress at its satellite mine. In the second half of 2007, the company sold 77,575 carats of diamonds at an average sale price of US$49/carat generating total revenues of US$3.81 million. Tim Read, Chairman of Kopane Diamonds added that the overall value of the stones produced had risen due to some material being sourced from a second, larger pipe named the 'Main Pipe'. Previously all material was source solely from the smaller 'Satellite Pipe'.

Kopane is keen to turn the Main Pipe into a producing mine, and announced that it would drill 20 wide diameter drill holes into the main pipe to collect at least 1,300 tonnes of material for analysis. At the moment Kopane is removing the softer near surface material in preparation for drilling the harder unweathered kimberlite.

[XIO]

Präsentation:
http://clients.westminster-digital.co.uk/minesite/microsite/…

Nur pdf:
http://clients.westminster-digital.co.uk/minesite/microsite/…

[Popeye82]

Vielen Dank!

Präsentation wird gleich runtergeladen.

[XIO]

Antwort auf Beitrag Nr.: 33.161.298 von Popeye82 am 24.01.08 20:51:07

Im Prinzip geht es bereits jetzt um die Finanzierung der Mainpipe.
Ich hoffe, die Banken übernehmen komplett und es werden nicht erst grossartig Aktien ausgegeben.
Ein Kredit kommt immer gut an, denn er bedeuted Kreditwürdigkeit.

[ArmerThor]

Heute ist verstärktes Interesse in London zu beobachten.Über 1Mio. Stück gehandelt.

[XIO]

Antwort auf Beitrag Nr.: 33.470.471 von ArmerThor am 25.02.08 18:49:47

Das Ganze Abwarten wird sich wohl bis zur Bankable bzw. Finanzierungsklärung für die Mainpipe hinziehen, vorher glaub ich nicht an Kurs-entscheidende News.
Die Frage wird wohl sein, wann das soweit ist.
Ausserdem steht immer noch das Listing in Johannesburg und / oder am TSX an.

[ArmerThor]

Antwort auf Beitrag Nr.: 33.473.858 von XIO am 26.02.08 05:26:28

Dessen bin ich mir bewußt!
Aber nachdem kaum Shares gehandelt wurden,stach mir diese Aktienanzahl
ins Auge.

[German2]

was is nun hier eigentl los? warum verliert der Wert so überproportional? keine News . nix

[German2]

Antwort auf Beitrag Nr.: 33.679.827 von German2 am 19.03.08 01:03:48

wann kommt die feasibility , gibts eventuell pobleme mit dem Strom? ist ja gradin Afrika ein Thema..imJahresbericht steht das es für die mainpipe nicht mit Dieselgeneratoren getan ist..

[Popeye82]

Hab neulich noch einen anderen Diamantenwert entdeckt,
da werden seit kurzem 1,1 Mrd. t Gestein mit Diamanten vermutet, haben daraufhin auch erstmal deutlich angezogen,
glaube Bewertung von um die 100Mio
-allerdings irgendwo im tiefsten Afrika.

Find das gerade nicht mehr, werd aber mal suchen,
vielleicht kann sich ja wer auch dafür begeistern.

[XIO]

Antwort auf Beitrag Nr.: 33.679.827 von German2 am 19.03.08 01:03:48

bis zu DFS wird man auch nicht mehr viel hören

[Popeye82]

wahrsch. wurde es schon gepostet, deswegen mal nur der Link:
www.proactiveinvestors.co.uk/articles/art.php?KDD

[XIO]

http://www.israelidiamond.co.il/english/News.aspx?boneId=918…

Diamond News
Blom Seeks Bourse in Lesotho
12.03.08, 11:00 / Mining

The World Federation of Diamond Bourses (WFDB) President Ernie Blom confirmed yesterday he was acting as an advisor to the Lesotho Government for the creation of a diamond bourse in the country. Lesotho has two producing mines, Letseng and Liquabong.



Letseng, in which the Government has a 30% stake, currently produces around 70.000 carats a year. LSE-listed Gem Diamonds holds the remaining 70%. Liquabong is relatively small in scale.



The mine, built on top of a mountain has the lowest grade, or carats recovered per ton, of any commercial kimberlite mine. Its success has been driven by achieving record prices for its rough, which has the highest average price of over $2,000 per carat in the world. The vast bulk of the value in the production is in special stones or stones above 10.8 carats.



“The Lesotho Government have asked my opinion how they can maximize their resource,” said Blom.



Blom, who is also chairman of the South African Diamond Council, said he had been approached by various African governments to advise them on so-called ‘beneficiation’, including Namibia, Sierra Leone and Angola.



“I am briefing them on what is happening on the international and African scene,” he said.



Lesotho’s diamond mining legislation has many similarities with the mining legislation of Botswana in that it is not prescriptive.



Lesotho's Minister of Natural Resources Monyane Moleleki, was not immediately available for comment, but said in an interview last year that he had studied closely the developments in South Africa, where the law requires producers to sell a percentage of their production through the State Diamond Trader.



While supporting the idea of job creation, Moleleki said the prices realized for Letseng’s diamonds highlight that the marketing of diamonds should be allowed in other marketplaces.



“Our legislation is based on making foreign investors want to come to Lesotho. We don’t want to carry a stick. Compliance is in the spirit of the legislation, not the means for it,” Moleleki said.



There are currently two other prospective mines in Lesotho which are attracting foreign investment interest.



When asked about the idea of creation of a diamond bourse in Lesotho, Blom said he was “neutral”.



The WFDB President said, despite several visits to Lesotho, that “I don’t now have enough data at my disposal about exports and production of the country to see if it warrants a bourse or not. If there is enough volume and this is a big question mark, then it will warrant it yes.”



Last month, Gem Diamonds announced a number of successful beneficiation trials on Letseng goods, selling polished at record prices.


By: PolishedPrices

[XIO]

Kopane Diamond Developments PLC
("Kopane" or "the Company")(AIM: KDD)

ANNOUNCEMENT

31 March 2008

Interim Report for the six months to 31st December 2007

The six month period ending 31st December 2007 saw the furtherance of Kopane's strategy to realise
full value from the Liqhobong diamond resource, in Lesotho. Kopane's prime focus is to produce at
a rate of 1 million carats per annum by calendar 2012.

Highlights

* Diamond sales of 77,575 carats (2006 - 30,025 carats) and sales proceeds of £1.9 million
(2006 - £1.6 million) marketed through BHP Billiton (Antwerp)

* Liqhobong Pre-Feasibility Study ("PFS") completed, robust Main Pipe project economics
demonstrated.

* Definitive Feasibility Study for Main Pipe project started; Australian Mineral Consultants
appointed as study manager.

* Substantial increase in diamond production; plant optimisation programme continues.

* The Company changed its name to Kopane Diamond Developments plc.

Post results
* Bauer wide-diameter drilling programme at Liqhobong underway
* Finnish assets now managed by Mantle Diamonds in new joint venture

Commenting today Tim Read, Executive Chairman, of Kopane said: "The first half of this financial
year has been one of considerable change for Kopane with the start of the DFS. We are now fully
focussed on realising Liqhobong's full potential. Excellent work in exploration evaluation and
development combined with production, including high value fine white and fancy yellow diamonds,
reaffirms our belief that Liqhobong has considerable potential and deserves management's undivided
attention. The creation of the Finnish joint venture managed by Mantle Diamonds will allow this.
We are now well advanced in delineating Liqhobong's project fundamentals and I look forward to
announcing an updated resource statement and results from the DFS later in 2008."

For further information contact:
Kopane Diamond Developments Plc Threadneedle Communications
Tim Read, Executive Chairman Laurence Read/Graham Herring
James Cable, Finance Director [phone]
[phone]
Canaccord Adams Limited e-mail: [e-mail]
Mike Jones website: www.kopanediamonds.com
Ryan Gaffney
[phone]

Definitive Feasibility Study

In July 2007, Kopane completed its Pre-Feasibility Study ("PFS") on the Liqhobong Main Pipe and
published a summary of its results. This study demonstrated the viability of the Main Pipe to a
PFS degree of accuracy and this conclusion was endorsed by ACA Howe International ("Howe"), the
Company's independent technical auditors. According to the PFS resource statement, the Main Pipe
contains some 11.5 million carats, which is an order of magnitude greater than the resource of the
Satellite Pipe. Accordingly, the Board of Directors determined that every effort should be made to
finance and develop fully the Main Pipe project as rapidly as possible, which, in turn meant that
work on the Definitive Feasibility Study ("DFS") should be accelerated. Australian Mineral
Consultants ("AMC") were appointed as the study manager for the DFS in October 2007 and project
contracts have been executed both with AMC and a number important sub-contractors including ACA
Howe International (drilling programme management and resource estimate), DRA (processing),
Golders (tailings dam) and SRK (geotechnical).

In conjunction with Howe and AMC, the Company has designed a programme of wide and narrow diameter
drilling and near-surface bulk sampling to generate a Main Pipe resource estimate to a sufficient
level of confidence to permit the limited recourse financing of the Main Pipe project. This
estimate is expected to be available in the third quarter of calendar 2008. As part of this
programme, a Bauer wide-diameter (450mm) rig was moved to site in February 2008 and drilling
commenced before the month-end. This rig will drill a 4,700 metre programme for the Main Pipe,
which will generate a bulk sample of some 1,700 tonnes to a depth of 150 metres.

Production and Sales

In the six months to December 2007, the Liqhobong operations showed a marked improvement in
performance. A total of 148,000 tonnes of kimberlite was treated, sourced approximately equally
from the Satellite and Main Pipes, and some 75,000 carats were recovered. In the six months to
December 31st 2007, sales, through Kopane's sales agent, BHP Billiton in Antwerp, amounted to
77,575 carats, compared to 30,025 carats for the equivalent period in the preceding year. Sales
proceeds amounted to $3.8 million, which was equivalent to $49.09 per carat.

There has, however, now been a change of focus in the Company's strategy. Prior to the development
of the PFS Main Pipe resource, Kopane had to treat the operations of the Satellite Plant as a
profit centre. Now, the development of the Main Pipe project means that the Satellite Plant
operation can be properly viewed as a means to an end. It will make a useful cash contribution to
the costs of the Liqhobong establishment until its operations cease in the fourth quarter of 2010.
It will in the meantime play a very significant role in the DFS, treating a series of bulk samples
from the K2, K4 and K5 facies of the Main Pipe, totalling in excess of 20,000 tonnes. It should be
stressed that there is an enormous advantage to the Company in having a large pilot plant adjacent
to Main Pipe through which large bulk samples can be treated.

Every effort is being made to optimise the efficiency of the plant, in terms of recovery, in order
to generate the most accurate results. This work, including modifications to the flow-sheet, is
being carried out with the objective of minimising interruptions to production, however some
impact may be inevitable. Nevertheless, throughput in the first quarter of 2008 is running so far
at a rate of 840 tonnes per day and quarterly production is expected to approximate 35,000 carats.
Sales in the first quarter of calendar 2008, amounted to 34,619 carats with a value of $1.81
million, equivalent to $52.30 per carat.

The prices for rough diamonds remained strong in the second half of 2007 and this trend has
continued so far into the current year. Although the market outlook for the remainder of this year
is somewhat uncertain given the global economic condition, we remain positive about the prospects
for rough diamond prices in the medium term.

Since production commenced in the final quarter of calendar 2005, total sales have totalled
214,886 carats with an approximate value $12.2 million, yielding an average value of $56.70 per
carat. The successful commissioning and operation of the plant over this period of two and a half
years clearly demonstrates the ability of Kopane's technical team to implement and operate a
diamond project in a physically challenging environment.

In its audit of the PFS, Howe remarked on two potential areas of upside for the economics of the
Main Pipe project, namely grade and stone value. A recent Kopane internal study of tonnes
processed from the Main and Satellite Pipes from inception until the end of last year, indicates
an average recovered grade for the Main Pipe, materially in excess of the 27 carats per hundred
tonnes assumed in the PFS.

A second element for economic enhancement is the potential production of large and bonanza stones.
Kopane announced in the last annual report the sale of four stones at the end of 2006, which
totalled 78 carats in aggregate and had a total value of $1.43 million. Kopane has not as yet seen
a further occurrence of such large high value stones but in recent weeks we have recovered two
pieces of Boart each weighing over 100 carats and four pieces in excess of 50 carats.

The Finnish Joint Venture

In January 2008, Kopane announced an agreement with Mantle Diamonds Limited to form a joint
venture to operate, finance and develop Kopane's diamond exploration assets in Finland (the
"Properties"). The Properties comprise 28 mineral exploration claims and reservations, totalling
29,000 hectares. Under the Joint Venture Agreement ("JVA"), Mantle can earn up to a 70% interest
in the Properties as follows:

* by spending US$5 million on exploration and evaluation on the Properties including the
completion of a bankable feasibility study in respect of the Company's Lahtojoki property; and

* by paying Kopane 10 million Mantle shares, with an attributed value of 20 pence per share,
on a staged basis

The above agreement provided the Company with a look-through value on our Finnish assets of some
£3.6 million.

Since the formation of the joint-venture, Mantle Diamonds has progressed the Lahtojoki project.
Preparations for the extraction of a representative 5,500 tonne bulk sample are complete and
Mantle will commence the bulk sampling programme once an environmental permit is issued. This
permit is required by law and is expected to be issued in April. The bulk sample will comprise
approximately 3,500 tonnes of surface excavated ore and 2,000 tonnes of ore recovered from a large
diameter Bauer drilling rig. Mantle has recently commissioned the construction of a 10 tonnes per
hour mobile DMS plant in South Africa. This plant will be transported to Finland to process the
bulk sample towards the end of the year.

Mantle is a privately-owned UK company with diamond exploration interests in Canada, Liberia,
Mali, the DRC, Angola and Zimbabwe as well as Finland.

Financial

The interim unaudited consolidated financial statements for the six months ended 31 December 2007
are attached.

These unaudited consolidated financial statements have been prepared on the basis of International
Financial Reporting Standards ("IFRS") as adopted by the European Union and implemented in the UK.
Previous financial statements were prepared in accordance with UK Generally Accepted Accounting
Principles ("UK GAAP"). As the December 31, 2007 Interim financial statements include comparatives
for earlier periods, the Group's date of transition to IFRS was 1 July 2006 and the 2006 and 2007
comparatives are restated according to IFRS. The effect of restating comparative periods into IFRS
has been included in the financial statements.

The Company's main source of income during the period was from the sale of rough diamonds,
amounting to £1.9 million (2006 - £1.6 million). The increase over the corresponding period last
year was due to higher production from the Satellite and Main Pipes.

The consolidated net loss for the six months ended 31 December 2007, after taxation, was £2.2
million (loss per share 2.1p) compared to the consolidated net loss of £1.9 million (loss per
share 2.3p) for the same period last year. The consolidated loss for the period is after expensing
£211,000 in respect of the fair value of share options issued (2006 - £176,000). The loss has
increased over the comparative period due to higher production costs resulting from greater
manpower, fuel and other site costs and higher head office expenses. These increased costs have
been partially offset by higher sales of rough diamonds, which the Company expects to continue,
and a gain on foreign exchange of £554,000 arising from the re-translation of working capital
loans made to subsidiaries.

Property, plant and equipment of £3.6 million in the consolidated balance sheet at 31 December
2007 (2006 - £5.4 million) represent primarily the cost of the mine at Liqhobong, Kingdom of
Lesotho, after depreciation and differences on exchange.

The intangible assets of £6.5 million in the consolidated balance sheet at 31 December 2007 (2006
- £7.9 million) represent accumulated deferred exploration and evaluation costs in respect of the
Company's activities in Finland and exploration of the Main Pipe at Liqhobong. The Company's
accounting policy in respect of these costs is to capitalise them pending determination of the
feasibility of the project to which they relate. The reduction in intangible assets since
December 2006 results from the write down of the Finnish assets at 30 June 2007 of £2.7m offset by
additional expenditure and a gain on exchange on the Finnish assets due to the appreciation of the
Euro.

Current assets in the consolidated balance sheet at 31 December 2007 were £3.0 million (2006 -
£1.8 million), primarily consisting of cash of £1.9 million (2006 - £1.3 million) and inventories
of rough diamonds of £0.6 million (2006 - £0.2 million).

The Consolidated Income Statement has been presented under the 'nature of expense' method as
permitted under IFRS to provide the most relevant presentation of information. Comparative
figures have been restated accordingly.

As these financial statements have been prepared under IFRS for the first time, the IFRS
accounting policies have been disclosed in full.

Consolidated balance sheet

As at 31 December, 2007
(Unaudited) (Unaudited) (Audited)
Restated Restated
As at 31 Dec 07 As at 31 Dec 06 As at 30 Jun 07
£'000 £'000 £'000
Assets
Property, plant and equipment 3,624 5,422 4,298
Intangible assets 6,453 7,869 5,592
---------------------------------------------------
Total non-current assets 10,077 13,291 9,890
---------------------------------------------------

Inventories 584 165 594
Trade and other receivables 544 412 124
Cash and cash equivalents 1,913 1,264 4,424

---------------------------------------------------
Total current assets 3,041 1,841 5,142
---------------------------------------------------
Total assets 13,118 15,132 15,032
---------------------------------------------------

Equity
Issued share capital 5,481 4,170 5,468
Share premium 22,303 18,618 22,286
Merger reserve 3,271 3,271 3,271
Share-based payment reserve 800 458 589
Foreign exchange translation reserve (193) (435) (416)
Retained loss (19,343) (11,746) (17,095)

---------------------------------------------------
Total equity 12,319 14,336 14,103
---------------------------------------------------

Trade and other payables 644 663 791
---------------------------------------------------
Total current liabilities 644 663 791
---------------------------------------------------

Deferred income 123 113 113
Provisions 32 20 25

---------------------------------------------------
Total non-current liabilities 155 133 138
---------------------------------------------------

---------------------------------------------------
Total liabilities 799 796 929
---------------------------------------------------

---------------------------------------------------
Total equity and liabilities 13,118 15,132 15,032
---------------------------------------------------

Consolidated income statement

For the 6 months ended 31 December, 2007
(Unaudited) (Unaudited) (Audited)
Restated Restated
6 month ended 6 months ended Year ended
Dec 07 31 Dec 06 30 Jun 07
£'000 £'000 £'000

Revenue 1,868 1,629 2,791
Changes in inventories (10) 21 450
Mining and processing costs (1,448) (865) (2,198)
Employee benefits expense (1,225) (806) (1,258)
Depreciation and amortisation expense (1,029) (1,019) (2,040)
Impairment of deferred exploration expenditure - - (2,700)
Gain/(loss) on exchange 554 (70) (219)
Other expenses (1,024) (756) (2,059)

---------------------------------------------------
Operating loss (2,314) (1,866) (7,233)
---------------------------------------------------

Investment income 66 14 38
Finance costs - (11) (17)
---------------------------------------------------

---------------------------------------------------
Loss before tax (2,248) (1,863) (7,212)
---------------------------------------------------

Minority interest - - -

---------------------------------------------------
Loss for the period (2,248) (1,863) (7,212)
---------------------------------------------------

Basic and diluted loss per share (Pence) 2.1p 2.3p 8.5p

Consolidated statement of cash flows

For the 6 months ended 31 December, 2007
(Unaudited) (Unaudited) (Audited)
Restated Restated
6 month ended 6 months ended Year ended
Dec 07 31 Dec 06 30 Jun 07
£'000 £'000 £'000
Cash flows from operating activities
Loss for the period (2,314) (1,866) (7,233)
Adjustments for:
Depreciation 1,029 1,019 2,040
Exchange Difference (565) (3) 199
Equity-settled share-based payment transactions 211 176 309
Shares issued in lieu of payment of services - - 129
Impairment of deferred exploration expenditure - - 2,700
---------------------------------------------------
(1,639) (674) (1,856)

Change in trade and other receivables (417) (165) 119
Change in inventories 34 (27) (460)
Change in provisions and liabilities 6 6 11
Change in trade and other payables (171) (156) (17)

Interest paid - (11) (17)
---------------------------------------------------
---------------------------------------------------
Net cash used in operating activities (2,187) (1,027) (2,220)
---------------------------------------------------
---------------------------------------------------

Cash flows from investing activities
Interest received 66 14 38
Acquisition of intangibles (238) (436) (885)
Acquisition of property, plant and equipment (182) (77) (135)
---------------------------------------------------
---------------------------------------------------
Net cash used in investing activities (354) (499) (982)
---------------------------------------------------
---------------------------------------------------

Cash flows from financing activities
Proceeds from issue of share capital 30 3,150 8,311
Loans - (384) (384)
Payment of transaction costs - (230) (555)
---------------------------------------------------
---------------------------------------------------
Net cash from financing activities 30 2,536 7,372
---------------------------------------------------
---------------------------------------------------

Net increase/(decrease) in cash and cash equivalents (2,511) 1,010 4,170
Cash and cash equivalents at start of period 4,424 254 254

---------------------------------------------------
---------------------------------------------------
Cash and cash equivalents at end of period 1,913 1,264 4,424
---------------------------------------------------
---------------------------------------------------

Consolidated statement of changes in shareholders' equity

For the 6 months ended 31 December, 2007
Share Share Other Retained Total
capital premium reserves losses equity
£'000 £'000 £'000 £'000 £'000

As at 1 July 2006 3,120 16,748 3,551 (9,881) 13,538
Loss for the period - - - (1,863) (1,863)
Exchange loss on foreign currency net investments - - (435) - (435)
-----------------------------------------------------
Total recognised income and expense - - (435) (1,863) (2,298)
-----------------------------------------------------
Issue of share capital 1,050 1,870 - - 2,920
Share option costs recognised in reserves - - 178 - 178

-----------------------------------------------------
As at 31 December 2006 4,170 18,618 3,294 (11,744) 14,338
-----------------------------------------------------
-----------------------------------------------------
Loss for the period - - - (5,351) (5,351)
Exchange loss on foreign currency net investments - - 19 - 19
-----------------------------------------------------
Total recognised income and expense - - 19 (5,351) (5,332)
-----------------------------------------------------
Issue of share capital 1,298 3,668 - - 4,966
Share option costs recognised in reserves - - 131 - 131

-----------------------------------------------------
As at 30 June 2007 5,468 22,286 3,444 (17,095) 14,103
-----------------------------------------------------
-----------------------------------------------------
Loss for the period - - - (2,248) (2,248)
Exchange gain on foreign currency net investments - - 223 - 223
-----------------------------------------------------
Total recognised income and expense - - 223 (2,248) (2,025)
-----------------------------------------------------
Issue of share capital 13 17 - - 30
Share option costs recognised in reserves - - 211 - 211

-----------------------------------------------------
As at 31 December 2007 5,481 22,303 3,878 (19,343) 12,319
-----------------------------------------------------
-----------------------------------------------------

Notes to the consolidated financial statements

These unaudited consolidated financial statements have been prepared on the basis of International Financial Reporting
Standards ("IFRS") as adopted by the European Union and implemented in the UK. Previous financial statements were
prepared in accordance with UK Generally Accepted Accounting Principles ("UK GAAP"). As the 31 December, 2007 Interim
financial statements include comparatives for earlier periods, the Group's date of transition to IFRS was 1 July 2006
and the 2006 and 2007 comparatives are restated according to IFRS. The effect of restating comparative periods into
IFRS has been included in the financial statements.

1. Reporting entity
Kopane Diamond Developments PLC (the "Company") is a company domiciled in the United Kingdom. The consolidated interim
financial statements of the Company for the six months ended 31 December, 2007 comprise the Company and its
subsidiaries (together referred to as the "Group"). The Group is primarily involved in diamond exploration and
production in the Kingdom of Lesotho and diamond exploration and development in Finland.

The Company was previously named European Diamonds PLC until its change of name to Kopane Diamond Developments PLC
("Kopane") on 6 November, 2007 after approval from the shareholders at an Extraordinary General Meeting held on this
day.

2. Basis of preparation
(a) Going concern and adequacy of project finance
The Group owns diamond interests in Lesotho and Finland. In Lesotho, production continued from both the Satellite and
Main Pipes during this period and four sales of rough diamonds were held in the reporting period. The Pre-Feasibility
Study into the viability of the Main Pipe was completed in July, 2007 and the recommended Definitive Feasibility Study
was commenced, scheduled for completion in late 2008.

In January 2008, the Company entered into an agreement with Mantle Diamonds Plc ("Mantle") whereby Mantle
will be able to earn up to a 70% interest in the Company's Finnish properties by spending $5 million on exploration
and evaluation on the Properties, including a bankable feasibility study in respect of the Company's Lahtojoki
property, and by paying Kopane 10 million Mantle shares over three years and the directors, therefore, consider the
planned Finnish expenditure is fully funded.

In order to fund the planned project expenditure in Lesotho the Group will need to raise funds in 2008. However,
revenues from diamond sales provide cash and this, together with access to finance will enable the Company to fund the
planned project expenditure and its general operating overheads. Given the stage of the project and the positive Pre-
Feasibility Study, the directors are confident that funds will be available and therefore the financial statements
have been prepared on the going concern basis.

The consolidated financial statements do not include any adjustment that would result from the Company or any of its
subsidiary undertakings ceasing to operate as a going concern.

(b) Use of estimates and judgement
The preparation of financial statements in conformity with International Financial Reporting Standards ("IFRSs")
requires management to make judgements, estimates and assumptions that affect the application of accounting policies
and the reported amounts of assets, liabilities, income and expenses. The estimates and associated assumptions are
based on historical experience and various other factors that are believed to be reasonable under the circumstances,
the results of which form the basis of making the judgements about carrying values of assets and liabilities that are
not readily apparent from other sources. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimate is revised if the revision affects only that period, or in the period
of the revision and future periods if the revision affects both current and future periods.
Notes to the consolidated financial statements

(c) Statement of compliance
The interim financial statements have been prepared on the basis of the recognition and measurement requirements of
International Financial Reporting Standards (IFRS) as adopted by the European Union (EU) and implemented in the UK.
Previously Kopane Diamond Developments Plc prepared financial statements in accordance with UK Generally Accepted
Accounting Principals (UK GAAP). As the 2007 interim financial statements include comparatives for 2006, the Group's
date of transition to IFRS was 1 July 2006 and the 2006 comparatives are restated according to IFRS.

Details of the accounting policies applied in the preparation of the interim financial statements are set below. An
explanation of how the transition to IFRS has affected the reported financial position, results and cash flows of the
Group is provided in note 7.

The Group's first IFRS annual financial statements will be prepared for the year ending 30 June 2008. The IFRS
interim financial statements do not include all the information required for full IFRS annual financial statements.

The financial information for the six months ended 31 December 2007 and 31 December 2006 is unaudited. The
comparative figures for the year ended 30 June 2007 were derived from the group's audited financial statements for
that period as filed with the Registrar of Companies as restated for IFRS. It does not constitute the financial
statements for that period. Those accounts received an unqualified audit report which did not contain any statement
under sections 237(2) or (3) of the Companies Act 1985.

(d) Basis of measurement
The consolidated financial statements have been prepared on the historical cost basis or the fair value basis where
the fair valuing of relevant assets or liabilities has been applied.

(e) Functional and presentation currency
These consolidated financial statements are presented in United Kingdom pounds Sterling. The functional currencies of
the Company and its subsidiary are Sterling. All financial information presented in United Kingdom pounds Sterling
has been rounded to the nearest thousand.

3. Significant accounting policies
The accounting policies set out below have been applied consistently to all periods presented in these consolidated
financial statements and have been applied consistently by Group entities.

(a) Basis of consolidation
(i) Subsidiaries
Subsidiaries are entities controlled by the Company. Control exists when the Company has the power, directly or
indirectly, to govern the financial and operating policies of an entity so as to obtain benefits from its activities.
In assessing control, potential voting rights that presently are exercisable or convertible are taken into account.
The financial statements of subsidiaries are included in the consolidated financial statements from the date that
control commences until the date that control ceases.

(ii) Transactions eliminated on consolidation
Intra-group balances and any unrealised gains, losses, income or expenses arising from intra-group transactions are
eliminated in preparing the consolidated financial statements.

Notes to the consolidated financial statements

3. Significant accounting policies (continued)

(b) Foreign currency
(i) Foreign currency transactions
Transactions in foreign currencies are translated at the foreign exchange rate ruling at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated to pounds
Sterling at the foreign exchange rate ruling at that date. Foreign exchange differences arising on translation are
recognised in the income statement. Non-monetary assets and liabilities that are measured in terms of historical cost
in a foreign currency are translated using the exchange rate at the date of the transaction. Non-monetary assets and
liabilities denominated in foreign currencies that are stated at fair value are translated to pounds Sterling at
foreign exchange rates ruling at the dates the fair value was determined.

(ii) Financial statements of foreign operations
The assets and liabilities of foreign operations, including goodwill and fair value adjustments arising on
consolidation, are translated to pounds Sterling at foreign exchange rates ruling at the balance sheet date. The
revenues and expenses of foreign operations are translated to pounds Sterling at rates approximating to the foreign
exchange rates ruling at the dates of the transactions. Foreign exchange differences arising on retranslation are
recognised directly as a separate component of equity. They are released into the income statement upon disposal.

Loans to certain subsidiary companies are considered to be repayable in the foreseeable future and as such are not
considered to be part of the group's net investment in those subsidiaries. Accordingly, translation differences in
respect of such loans are recognised in the income statement.

(c) Financial instruments
(i) Non-derivative financial instruments
Non-derivative financial instruments comprise trade and other receivables, cash and cash equivalents and trade and
other payables.

Non-derivative financial instruments are recognised initially at fair value plus, for instruments not at fair value
through profit or loss, any directly attributable transaction costs, except as described below. Subsequent to initial
recognition, non-derivative financial instruments are measured as described below. At 31 December, 2007 the fair value
equated to the historical cost for all non-derivative instruments.

A financial instrument is recognised if the Group becomes a party to the contractual provisions of the instrument.
Financial assets are derecognised if the Group's contractual rights to the cash flows from the financial assets expire
or if the Group transfers the financial asset to another party without retaining control or substantially all risks
and rewards of the asset. Regular purchases and sales of financial assets are accounted for at trade date, i.e. the
date that the Group commits itself to purchase or sell the asset. Financial liabilities are derecognised if the
Group's obligations specified in the contract expire or are discharged or cancelled.

Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand are
included as a component of cash flows from financing activities, for the purposes of the statement of cash flows.

(ii) Share capital
Ordinary shares
Incremental costs directly attributable to issue of ordinary shares and share options are recognised as a deduction
from equity.

Notes to the consolidated financial statements

3. Significant accounting policies (continued)

(d) Property, plant and equipment
(i) Recognition and measurement
Items of property, plant and equipment are measured at cost less accumulated depreciation and impairment losses.

Cost includes expenditures that are directly attributable to the acquisition of the asset. The cost of self-
constructed assets includes the cost of materials and direct labour, any other costs directly attributable to bringing
the asset to a working condition for its intended use, and the estimated costs of dismantling and removing the items
and restoring the site on which they are located. Purchased software that is integral to the functionality of the
related equipment is capitalised as part of that equipment.

When parts of an item of property, plant and equipment have different useful lives, they are accounted for as separate
items (major components) of property, plant and equipment.

(ii) Subsequent costs
The Group recognises in the carrying amount of an item of property, plant and equipment the cost of replacing part of
such an item when that cost is incurred if it is probable that the future economic benefits embodied with the item
will flow to the Group and the cost of the item can be measured reliably. The costs of the day-to-day servicing of
property, plant and equipment are recognised in profit or loss as incurred.

(iii) Depreciation
Depreciation is charged to the income statement at the following rates in order to write off each asset over its
estimated useful life.

* Mining assets 20% on straight line basis
* Fixtures and fittings 25% on reducing balance
* Computer equipment 25% on reducing balance

The residual value, if not insignificant, is reassessed annually.

(e) Intangible assets
(i) Goodwill
All business combinations are accounted for by applying the purchase method. Goodwill arises on the acquisition of
subsidiaries, associates and joint ventures. Goodwill represents the difference between the cost of the acquisition
and the fair value of the net identifiable assets acquired.

Goodwill is stated at cost less any accumulated impairment losses. Goodwill is allocated to cash-generating units and
is tested annually for impairment (see accounting policy g). Goodwill arising on acquisition is capitalised and shown
within fixed assets. The excess of net assets over consideration paid on an acquisition is recognised directly in
profit or loss.

Notes to the consolidated financial statements

3. Significant accounting policies (continued)

(ii) Deferred Exploration and Evaluation Costs
These comprise costs directly incurred in exploration and evaluation as well as the cost of mineral licences. They
are capitalised as intangible assets pending the determination of the feasibility of the project. When the existence
of economically recoverable reserves is established the related intangible assets are transferred to property, plant
and equipment and the exploration and evaluation costs are amortised over the estimated life of the project. Where a
project is abandoned or is determined not economically viable, the related costs are written off.

The recoverability of deferred exploration and evaluation costs is dependent upon a number of factors common to the
natural resource sector. These include the extent to which a Company can establish economically recoverable reserves
on its properties, the ability of the Company to obtain necessary financing to complete the development of such
reserves and future profitable production or proceeds from the disposition thereof.

(f) Leased assets
Leases in terms of which the Group assumes substantially all the risks and rewards of ownership are classified as
finance leases. Upon initial recognition the leased asset is measured at an amount equal to the lower of its fair
value and the present value of the minimum lease payments. Subsequent to initial recognition, the asset is accounted
for in accordance with the accounting policy applicable to that asset.

Other leases are operating leases and the leased assets are not recognised on the Group's balance sheet.

(g) Impairment
The carrying amounts of the Group's assets are reviewed at each balance sheet date to determine whether there is any
indication of impairment. If any such indication exists, the asset's recoverable amount is estimated.

(h) Employee benefits
Share-based payment transactions
The share option programme allows Group employees to acquire shares of the Company. The fair value of options granted
is recognised as an employee expense with a corresponding increase in equity. The fair value is measured at grant date
and spread over the period until the options vest unconditionally to the employee. The fair value of the options
granted is measured using the Black-Scholes model, taking into account the terms and
conditions upon which the options were granted. The amount recognised as an expense is adjusted to reflect the actual
number of share options that vest, except if the change is due to market based conditions not being satisfied.

(i) Provisions
A provision is recognised in the balance sheet when the Group has a present legal or constructive obligation as a
result of a past event and it is probable that an outflow of economic benefits will be required to settle the
obligation. If the effect is material, provisions are determined by discounting the expected future cash flows at a
pre-tax rate that reflects current market assessments of the time value of money and, where appropriate, the risks
specific to the liability.

Notes to the consolidated financial statements

3. Significant accounting policies (continued)

(j) Finance income and expenses
Finance income comprises interest income on funds invested and foreign currency gains. Interest income is recognised
as it accrues, using the effective interest method.

Finance expenses comprise interest expense on borrowings and foreign currency losses. All borrowing costs are
recognised in profit or loss using the effective interest method.

(k) Income tax expense
Income tax expense comprises current and deferred tax.

Income tax expense is recognised in profit or loss except to the extent that it relates to items recognised directly
in equity, in which case it is recognised in equity.

Current tax is the expected tax payable on the taxable income for the year, using tax rates enacted or substantively
enacted at the reporting date, and any adjustment to tax payable in respect of previous years.

Deferred tax is recognised using the balance sheet method, providing for temporary differences between the carrying
amounts of assets and liabilities for financial reporting purposes and the amount used for taxation purposes.
Deferred tax is not recognised for the initial recognition of goodwill, the initial recognition of assets or
liabilities in a transaction that is not a business combination and that affects neither accounting nor taxable
profit, and differences relating to investments in subsidiaries that will not reverse in the foreseeable future.
Deferred tax is measured at the tax rates that are expected to be applied to the temporary differences when they
reverse, based on the laws that have been enacted or substantively enacted by the reporting date.

A deferred tax asset is recognised to the extent that it is probable that future taxable profits will be available
against which the temporary difference can be utilised. Deferred tax assets are reviewed at each reporting date and
are reduced to the extent that it is no longer probable that the related tax benefit will be realised.

(l) Segment reporting
A segment is a distinguishable component of the Group that is engaged either in providing related products or services
(business segment), or in providing products or services within a particular economic environment (geographical
segment), which is subject to risks and rewards that are different from those of other segments. The Group's primary
format for segment reporting is based on business segments.

(m) Inventories
Inventories, which include rough diamonds are stated at the lower of cost-of-production or estimated net realisable
value. Cost price includes direct labour, other direct costs and related production overheads. Net realisable value is
the estimated selling price in the ordinary course of business, less marketing costs.

(n) Merger reserve
In the Company's Balance Sheet, the investment in European Diamonds Limited and MineGem Inc. includes the nominal
value of the shares issued as consideration for the acquisition of each company. As permitted by sections 131 and 133
of the Companies Act 1985, no premium was recorded on the issue of such shares. On consolidation, the difference
between the nominal value of the shares issued and their fair value was credited directly to the merger reserve.

The transitional requirements of IFRS 1 allow prospective application of IFRS 3, Business Combinations, for all
business combinations subsequent to 1 January 2004. Accordingly this acquisition has not been re-stated in accordance
with that standard.

Notes to the consolidated financial statements

4. Segment reporting
The Group's only business segment is the exploration for, and production of, diamonds.

5. Subsequent events
In January 2008, the Company entered into an agreement with Mantle Diamonds Ltd ("Mantle") whereby Mantle will be able
to earn up to a 70% interest in the Company's Finnish properties by spending $5 million on exploration and evaluation
on the Properties, including a bankable feasibility study in respect of the Company's Lahtojoki property, and by
paying Kopane 10 million Mantle shares over three years.

6. Loss per share
The calculation of basic loss per ordinary share on the net basis is based on the loss on ordinary activities after
taxation of £2,248,000 and on 109,423,783 ordinary shares being the weighted average number of ordinary shares in
issue and ranking for dividend during the period. The diluted loss per ordinary share is presented on the same basis
as the effect of the exercise of share options would be to decrease the loss per share.

7. Explanation of transition to IFRS

The Group has adopted IFRSs with effect from 1 July, 2006. The directors have elected a transition date of 1 July,
2006 as this is the start date for which the Group has presented full comparative information under IFRSs in the 2007
Annual Report and Accounts.

Basis of transition
The accounting policies set out in note 3 have been applied in preparing the restatement of the financial statements
for the year ended June 30, 2007 and in the preparation of an opening IFRS balance sheet at July 1, 2006 (the Group's
date of transition).

There are no material differences between equity at the date of transition or profit and cash flows for 2006 presented
under IFRSs and as previously presented under UK GAAP.

IFRS 1 exemptions
The Group has elected to apply the following exemptions from full retrospective application:

a) Business combinations - The Group has elected not to restate business combinations entered into prior to 1
July 2006 in accordance with IFRS 3.
b) Fair value or revaluation as deemed cost - The Group has elected not to revalue items of plant, property and
equipment at its fair value at the date of transition.
c) Cumulative translation differences: The Group has elected to set the previously accumulated translation
difference to zero at the date of transition.

Notes to the consolidated financial statements

Reconciliation of equity

Equity Write off Equity as
as of restated
reported negative under
under UK goodwill IFRS
GAAP
----------------------------------------------------------------------------------------------

1 July 2006
Tangible fixed assets 6,653 - 6,653
Intangible assets 7,338 247 7,585
Other net assets/(liabilities) (700) - (700)

----------------------------------------------------------------------------------------------
Total equity at 1 July 2006 13,291 247 13,538
----------------------------------------------------------------------------------------------

31 December 2006
Tangible fixed assets 5,422 - 5,422
Intangible assets 7,622 247 7,869
Other net assets/(liabilities) 1,045 - 1,045

----------------------------------------------------------------------------------------------
Total equity at 31 December 2007 14,089 247 14,336
----------------------------------------------------------------------------------------------

30 June 2007
Tangible fixed assets 4,298 - 4,298
Intangible assets 5,407 186 5,593
Other net assets/(liabilities) 4,213 - 4,213

----------------------------------------------------------------------------------------------
As at 30 June 2007 13,918 186 14,104
----------------------------------------------------------------------------------------------

In accordance with IFRS 3, the negative goodwill recognised within the accounts under UK GAAP has been derecognised at
the date of transition, and adjusted against opening retained losses.

Explanation of adjustments to the income statement

On adoption of IFRS 3, as noted above, negative goodwill has been derecognised at the date of transition. As a
result, the annual write off of negative goodwill has also been derecognised. The effect of this is to increase
losses in the year ended 30 June, 2007 by £62,000. No amounts had been written off in the 6 months to 31 December,
2006 and as such there is no adjustment to these comparatives.

There are no other differences between the income statement presented under IFRS and the income statement presented
under UK GAAP.

Explanation of adjustments to the cash flow statement

The only difference made to the cash flow statement by the adoption of the IFRSs is the reduction of the loss and the
write off of negative goodwill in the year ended 30 June, 2007 amounting to £62,000, as noted above. There was no net
effect on the cash flows of the group.

Notes:
These interim accounts were approved by the directors on 29 March 2008. The Group's principal accounting policies,
following adoption of IFRS, are shown above. These policies are equivalent to those stated in the Annual Report for
the year ended 30 June 2007 except that negative goodwill has been written off in the current and comparative periods
as required under IFRS.

The financial information set out above does not constitute statutory accounts as defined in section 240 of the
Companies Act 1985. Statutory accounts for the year ended 30 June 2007, on which the report of the auditors was
unqualified and did not contain a statement under section 237 of the Companies Act 1985, have been filed with the
Registrar of Companies.

No dividend is being declared or paid for the period.

Copies of this report are being sent to all shareholders. Additional copies are available from the Company's office at
43 North Audley Street, London W1K 6WH or the Company's website www.kopanediamonds.com.

Kopane Diamond Developments PLC

[XIO]

Kopane Diamond Sales +19% in 1Q FY08
http://www.diamonds.net/news/NewsItem.aspx?ArticleID=21110

By Avi Krawitz Posted: 03/31/08 11:38 [Submit Comment]

RAPAPORT... Kopane Diamond Developments reported diamond sales rose 19 percent to GBP 1.9 million ($3.8 million) during the six months ending December 31, 2008.

The company, which changed its name from European Diamonds in November, reported Monday it sold 77,535 carats worth of diamonds during the period, which was up from 30,025 carats one year earlier. The average sales price achieved fell 7.5 percent to $49 per carat.

Kopane’s net loss for the first half of fiscal 2008 grew 21 percent to GBP 2.25 million ($4.5 million.)

During the period, the company completed its pre-feasibility study at Liqhobong in Lesotho and started a definitive feasibility study on the main pipe project.

“The first half of this financial year has been one of considerable change for Kopane with the start of the DFS,” Kopane chairman Tim Read said. “Excellent work in exploration evaluation and development combined with production, including high value fine white and fancy yellow diamonds, reaffirms our belief that Liqhobong has considerable potential and deserves management's undivided attention.”

The company said it sold an additional 34,619 carats for $1.8 million, or $52.3 per carat, in the three months ending March 31, 2008.

Since production at Liqhobong started in the final quarter of calendar 2005, the company has sold 214,886 carats for $12.2 million, or $56.7 a carat. The company said it is hoping produce 1 million carats a year at Liqhobong by 2012.

Kopane also has exploration projects in Finland and formed a joint venture with Finnish exploration company Mantle Diamonds Limited in January, whereby Mantle agreed to operate, finance and develop those assets for a 70 percent share in resulting proceeds.

Kopane shares were trading 2.3 percent higher at 10.80 pence a share in late Monday afternoon trade on London’s AIM (Alternative Investments Market.)

[XIO]

Progress on the Wide-Diameter Drilling Programme in Lesotho

Kopane Diamond Developments PLC
("Kopane" or "the Company")(AIM: KDD)

ANNOUNCEMENT

7 April 2008

Progress on the Wide-Diameter Drilling Programme in Lesotho

Kopane today announces successful completion of the first two holes of the Liqhobong wide-diameter drilling programme initiated this year on the Main Pipe at the Liqhobong Mine, Lesotho. This programme, in conjunction with further bulk sampling and core drilling, is designed to upgrade the Pre-Feasibility Study ("PFS") Resource Statement and forms a major element of the Main Pipe Definitive Feasibility Study, which Kopane is planning to complete and announce in the final quarter of 2008.

Highlights

* Principal objectives to upgrade significant tonnage from Inferred to Indicated resource categories and to increase the Inferred resource at depth

* Wide-diameter drilling programme (up to 4,700 metres) commenced end of February 2008 - conclusion expected end of Q3 2008

* Successful completion of first two holes (400 metres)- a total of up to 4,700 metres to be drilled

* 90 kimberlite samples (approx. 1,800 tonnes) to be treated through new purpose-built plant In February 2008, a new Prakla RB40 drill rig was mobilised to the mine, from Germany, to conduct the wide-diameter drilling programme ("the Programme"). The Programme is being managed by Bauer Technologies South Africa under the supervision of ACA Howe International ("Howe"). Howe is responsible for all elements of the Programme supervision through to the calculating of the upgraded Resource Statement.

The Programme comprises a minimum of 23 holes of 17.5" diameter to a target depth of 150 metres and a further four holes, of similar diameter, to a depth of 250 metres. All four facies of kimberlite, namely K2, K4, K5 and K6, will be sampled by the Programme. Drilling of kimberlite commenced at the end of February and two holes, WWD-07 and WWD-03, together totalling 400 metres, have now been successfully completed.

The Programme is expected to generate 90 kimberlite samples, representing 1,800 tonnes of kimberlite. These samples will be treated through a 5 tonnes per hour Dense Media Separation plant which has been purpose built for the Programme and is expected to be delivered to site in the next few weeks. Results from the sampling will be forthcoming soon after commissioning the plant. The total Programme is expected to be completed by the end of the third quarter of calendar 2008.

Commenting today Tim Read, Executive Chairman, of Kopane said: "The wide-diameter drilling is underway, marking a new stage in Kopane's development towards significantly expanding production. Combined with additional exploration work, such as the bulk sample, we expect to announce an updated resource and Definitive Feasibility Study by the end of the year. In our recent interim results we announced £1.9 million of Lesotho diamond sales, through sales partner BHP Billiton. Realizing the full potential at Liqhobong is our primary objective and I look forward to announcing further development and diamond sale news during the half."

In July 2007, the Main Pipe PFS published a resource statement prepared by Dr Leon Daniels of Geocontracts Botswana (Pty) Ltd. This statement was prepared according to the criteria of the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Standards on Mineral Resources and Reserves (2000). This statement was as follows:

Grade Tonnes Contained cpht Diamonds (M carats) Total Indicated Resource 28.16 14.0 3.94 (surface to 45 metres) Total Inferred Resource 26.99 28.2 7.60 (45 metres to 230 metres) Total 27.35 42.2 11.54

The Programme is part of a wider Geological Programme on the Main Pipe to include additional bulk sampling at surface of some 20,000 tonnes of Main Pipe kimberlite, to be processed through the current operation's Process Plant. A series of four deep core holes (HQ/NQ diameter) are also planned to better define the geometry of the kimberlite pipe at depth as the deep PFS holes did not pierce the wall rock.

The object of the Geological Programme is to upgrade significant tonnage from the Inferred resource category to Indicated and to increase the Inferred resource at depth. This upgraded resource would greatly assist the project financing of the Liqhobong Main Pipe project.

Kopane will provide information on the results of the Programme to its shareholders as they become available over the course of the next few months.

About Kopane

Kopane is a diamond producer, developer and explorer with core projects at Liqhobong in Lesotho, Southern Africa. It is currently producing diamonds at a rate of 160,000 carats per annum and these are sold in Antwerp through BHP Billiton. The principal development project is the Main Pipe, which is currently subject to a Definitive Feasibility Study (expected end 2008). This project has the potential to produce a rate of one million carats per annum. Kopane also has a joint venture to explore for diamonds in Finland, managed by Mantle Diamonds.

Kopane is listed on AIM and is also traded through plus markets (ticker symbol: KDD).

For further information contact: Kopane Diamond Developments Plc Threadneedle Communications Tim Read, Executive Chairman Laurence Read/Graham Herring James Cable, Finance Director [phone] [phone]

Canaccord Adams Limited Mike Jones Ryan Gaffney [phone]

Kopane Diamond Developments PLC

[XIO]

A Visit to Liqhobong
(Video)
http://www.rbccm.com/conferences/diamond/A%20visit%20to%20Li…

[XIO]

KOPANE DIAMOND DEVELOPMENTS Plc
(FORMERLY EUROPEAN DIAMONDS Plc)
(the "Company")

APPOINTMENT OF DIRECTOR

29 May 2008

The Company is today pleased to announce the appointment of Mr Edward Marlow, aged 44 as a
non-executive Director of the Company.
Mr Marlow is currently Managing Director, Emerging Markets at HSBC
Principal Investments.
Further details of Mr Marlow are set out at the end of this Announcement.

The Company also announces that it has received notification today that HSBC Principal
Investments holds 19,700,000 Ordinary Shares of 5 pence each in the Company. This represents a holding of
15.23% based on the current issued share capital of the Company of 129,311,283 Ordinary Shares.

Tim Read, Chairman of the Company, today commented:

"We are delighted that Ed will be joining the Kopane Board, bringing to it extensive
experience of investment in Sub-Saharan Africa and sound business judgement."

There is no information in relation to Mr Marlow's appointment required pursuant to Schedule 2
paragraph (g) of the AIM rules for Companies other than as follows:

Current Directorships
Santana Diamonds Inc - Chairman ESO Uranium

Past Directorships
Syndicate Asset Management plc
Award International PLC
The Family Foundation Group
Made in Africa Exploration Limited

Award International PLC entered into a company voluntary agreement approximately four months
after Mr Marlow's resignation as director.

[XIO]

Holding(s) in Company

PRESS RELEASE

KOPANE DIAMOND DEVELOPMENTS Plc
(FORMERLY EUROPEAN DIAMONDS Plc)
(the "Company")

ANNOUNCEMENT

2 June 2008

DISCLOSURE OF SHARE INTEREST

The Company was notified today that HSBC Holdings Plc hold in aggregate 19,836,000
ordinary 5p shares representing approximately 15.34% of the issued share capital.

The current issued share capital of the Company is 129,311,283 ordinary shares of 5p each.

Kopane Diamond Developments Plc (formerly European Diamonds Plc) is listed on the AIM Market of the London Stock Exchange and its shares trade under the symbol KDD.

For further information contact:
Kopane Diamond Developments Plc
James Cable, Finance Director and Company Secretary
[phone]
Canaccord Adams Limited
Robert Finlay / Bhavesh Patel
[phone]
e-mail: [e-mail]
website: www.kopanediamonds.com

[ArmerThor]

Erstaunlich hohes Volumen heute! 2,293,785 gehandelte Aktien

[XIO]

Kopane Diamond unit in southern Africa starts core drilling at Liqhobong

LONDON (Thomson Financial) - Kopane Diamond Developments Plc. said on Thursday its 75-percent owned unit Liqhobong Mining Development Co. started on May 15 the core drilling programme on Main Pipe at Liqhobong, Lesotho -- a land-locked country surrounded by South Africa.
This four-hole drilling programme, totaling 1,750 metres, is a key component of the definitive feasibility study geological programme on at Main Pipe, and is designed to complement the ongoing large diameter drilling (LDD) programme.
In the LDD programme, the unit has completed sixth large diameter drill hole of a 27-hole plan, Kopane added.

[XIO]

Kei RT:



Production Update

As previously announced, the Company, through its subsidiary Liqhobong Mining Development
Company (Pty) Ltd. ("LMDC") has been treating
the different facies from its Liqhobong Main Pipe in discrete campaigns through the Satellite
Pipe process plant in order to determine
specific processing characteristics ahead of the rigorously controlled processing of bulk
samples scheduled to start in late June 2008.

The most recent completed campaign, processing ore from the K5 facies of the Main Pipe,
commenced in late April 2008, continued through
to the end of May. A total of 38,433 dry tonnes (not surveyed) was processed from the K5
facies, resulting in a total diamond production of
19,887 carats at a calculated grade of 51.7 carats per hundred tonnes ("cpht"). This grade is
materially greater than the average K5 grade
used in the Pre-feasibility Study ("PFS") of 30 cpht and, were this to be replicated
throughout the K5 facies of the Main Pipe, it would
represent a considerable upside to the project's economics.

This production resulted in a recent export of 17,165 carats. The pre-shipment valuation
by BHP Billiton, from which industrial grade
boart stones had been removed, was $1,478,000 representing a value of $86.12/ct If the boart
stones had been included it is estimated that
the value per carat would have been $74/ct. This compares with $70/ct used in the PFS produced
in mid 2007. The effect of this higher
recovered grade and value for this campaign represents an aggregate improvement of 82 per cent
over the PFS parameters.

The export included three fancy yellow coloured stones: a high quality 13.32 carat
"special" stone, a 9.86 carat stone and a 5.9 carat
stone, which are expected to command premium prices. In addition, there are other fancy yellow
coloured stones across the size classes. The
mine is also reporting an increase in the recovery of large stones from the Main Pipe,
exceeding the predictions made in the PFS by MM
Oosterveld which included recovery of a 100 carat stone for every 200,000 tonnes processed.

Recent production of Main Pipe kimberlite has
seen the recovery of three diamonds, each in excess of 100 carats, from K5 and K6 kimberlite
reflecting a greater distribution of larger
diamonds than that modelled in the PFS.

Tim Read, Executive Chairman commented today "For the past year Kopane has been completely
focused on the Main Pipe project at Liqhobong
and the production results announced today surpass predictions made in the original PFS. These
recent operating results help to confirm the
quality of the Liqhobong resource and provides considerable support to the Board's unanimous
view of the undervalued nature of Kopane's
assets."

13/06/08 11:18 TFNF Kopane rejects 17 p/shr offer for co as it does not reflect Liqhobong prospects
http://www.advfn.com/p.php?pid=nmona&article=26852989&epic=K…

Kopane rejects 17 p/shr offer for co as it does not reflect Liqhobong prospects (Kopane Diamond Devel)

LONDON (Thomson Financial) - Kopane Diamond Developments Plc. said it has
rejected a 17 pence per share cash offer for the company from a third party as
it does not "adequately" reflect the future prospects of Kopane's Liqhobong
project.
The diamond producer said the indicated proposal would not be in the best
interests of Kopane or its shareholders, as it stated that the offer would cease
if Kopane proceeds with its conditional placing of 40.3 million shares announced
on May 22.
Kopane said its planned equity fundraising "remains the priority at this
time" and is therefore not pursuing talks relating to the proposal.

[XIO]

Geduld wird eben doch belohnt

[ArmerThor]

Die 17 Pence als Übernahmeangebot sind doch wohl ein schlechter Scherz.
Minimum 40 Pence sind da eher angebracht....

[XIO]

Kopane Diamonds spurns takeover offer
http://www.miningweekly.com/article.php?a_id=135775

Could Lesotho be the next big diamond mining country? Kopane Diamond Developments, which has been drilling samples from its kimberlite pipe there, jumped 2¼p on revealing it had received an approach at 17p a share. It also said that it had extracted higher value and greater quantity of diamonds per tonne than earlier estimates, increasing the potential value of its deposit by 82 per cent.

Lukas Lundin, the chairman of the $3 billion Canadian mining conglomerate Lundin Mining, is thought to be behind the offer. He is looking to snap up tiddlers that have struck ore bodies but do not have the cash to extract them. Kopane said that it was not pursuing the offer since it was too low and was pressing ahead with a share issue at 10p to raise £4 million. It aims to produce one million carats a year, worth $74 million (£38 million) at its recent selling prices, for a company whose current market cap is £14 million. The demand for diamonds is still growing, driven by Indians and Chinese who are not feeling the credit crunch.

June 14, 2008
Kopane Diamond Developments sparkles
http://business.timesonline.co.uk/tol/business/markets/artic…

[XIO]

mit bissl Glück sehen wir einen Merger mit Lucara Diamonds.
Lucara Diamond Corp - C.LUCA:CNQ

http://www.stockhouse.com/tools/?page=%2FfinancialTools%2Fsn…



http://www.lucaradiamond.com/s/Home.asp

Zum LUCA Motahe Projekt muss man sich auch Motapa Diamonds ankucken! TSX:MTP
http://www.stockhouse.com/tools/?page=%2FfinancialTools%2Fsn…

[XIO]

[XIO]

Diamond News
Kopane Diamond Developments Rejects 17 P a Share Offer
15.06.08, 08:57 / Mining
http://www.israelidiamond.co.il/english/News.aspx?boneId=918…

Kopane Diamond Developments Plc. said yesterday it has rejected a 17 pence per share cash offer for the company.

“The Board of Kopane considers that, although at a significant premium to the current market price, the proposal does not adequately reflect the future prospects of Kopane's Liqhobong diamond project,” the AIM-listed diamond mining company said in a statement.



Kopane said the indicated proposal states that the offer would cease to be available if Kopane proceeds with its conditional placing of 40.3 million shares announced on 22 May.

“Kopane, which is not making this announcement with the approval of the possible offerer, is therefore not pursuing discussions in relation to the proposal and the planned equity fundraising remains the priority at this time,” it said.

Kopane has a 75% stake in the Liqhobong diamond mine, the Government of Lesotho holds the remaining 25%. Currently, Liqhobong produces around 160,000 carats of diamonds per year.

It has an agreement with BHP Billiton to tender the Liqhobong diamond production.

[XIO]

LUNDIN TO MINE IN AFRICA
Published: Saturday, February 09
TORONTO - Lundin Mining Corp. chairman Lukas Lundin said he plans to create a diamond company as he expands commodities holdings in Africa.

Lundin and some shareholders from his company are "talking to various companies right now, trying to create an African diamond company independent from Lundin Mining," he said in an interview.
http://www.canada.com/edmontonjournal/news/business/story.ht…

[XIO]

Date : 20/06/2008
Kopane Diamond's chairman and director buy co shares at 10p/share (Kopane Diamond Devel)

LONDON (Thomson Financial) - Kopane Diamond Development Plc., said T P Read,
director and chairman of the company, bought 500,000 ordinary shares at 10 pence
each and lifted his stake to 0.44 percent or 750,000 shares.
It also said a company within the Dragon Group, controlled by A J Williams,
director of the company, bought 750,000 ordinary shares at 10 pence per share
lifting his stake to 4.01 percent or 6.803 million shares in the company.

[XIO]

MARKET PROFILE
TIM READ, CHAIR, KOPANE DIAMONDS
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/…

There is no clear career path for disillusioned investment bankers. Some leave the City to set up organic kumquat farms in Corfu or work in Indian orphanages.

Others stay in the job and while away their days waiting for their pension to kick in. A small proportion, however, make the brave decision to step over the fence and take a job at one of the companies they used to advise.

Tim Read, chairman of Kopane Diamonds and a former head of mining investment banking at Merrill Lynch, is among them.

"I became dissatisfied with the investment banking world because it was no longer tailoring the strategy to the company, but tailoring the company to the strategy," he explains.

Mr Read left Merrill Lynch in 1999 to join Adastra Minerals, one of his clients, where he remained until it was taken over by First Quantum Minerals in 2006. "Every company I've been involved with seems to have been bid for," he notes drily.

After First Quantum, the 61-year-old was set to become chairman of Eurasia Gold until it was acquired by Kazakhmys last year ahead of its planned float in London.

Cumerio, a Belgian copper miner where Mr Read was a non-executive director, was bought by German rival Norddeutsche Affinerie this year. And Kopane, which mines diamonds in Lesotho, Southern Africa, rejected an unsolicited approach last month - thought to be from Lukas Lundin, chairman of the Canada-based conglomerate Lundin Mining.

With nearly 40 years of experience in the mining sector, Mr Read is not surprised by the dramatic rise of the natural resource sector, which now dominates the FTSE 100 index.

"The resource base of the former Soviet Union was always considered enormous," he notes. However, Mr Read accepts that the arrival of a slew of mining companies from the former Soviet Union on the London Stock Exchange does pose governance issues.

"There is a culture clash between these former Soviet companies and the rest," he says. "The first group thrives on opacity, while the others insist on transparency."

As a well-respected mining executive, Mr Read has been approached to sit on the boards of some of the fruitier new listings "to give them the perception of transparency". But, as he puts it: "I don't go for tokenism.”

[123kid]

Ja, dann soll Herr Read mal dafür sorgen, dass der Aktienkurs wieder an Land gewinnt. Wie das zu machen ist, sollte er als ehem. Investmentbanker ja wissen.
Was auch nicht schlecht wäre, wäre eine Übernahme von Kopane von einem großen Player zu > 30BPC...
Denn der Kurs kennt in den letzten Monaten, ausgenommen dem kurzen Hype durch die Ablehnung des Übernahmeangebots, eigentlich nur eine Richtung.

[XIO]

July 17, 2008
Kopane Shrugs Off Recent Bid Talk To Mosey On Towards Increased Production
http://www.minesite.com/nc/minews/singlenews/article/kopane-…

[123kid]

Antwort auf Beitrag Nr.: 34.539.100 von XIO am 18.07.08 16:38:34

Bitte Inhalt posten!
"Please login or register (FREE, quick and easy) to read the full article."

[XIO]

Antwort auf Beitrag Nr.: 34.548.523 von 123kid am 21.07.08 09:44:06

warum meldest Du Dich da nicht auch an.. ist eine gute Seite!

[123kid]

Antwort auf Beitrag Nr.: 34.555.009 von XIO am 21.07.08 21:01:09

Poste doch einfach den Inhalt, so viel zeit nimmt das sicher nicht in Anspruch....ich hab keine Lust mich bei 1000 Foren anzumelden nur um 1x im Jahr was nachzuschauen....ich denke das geht nicht nur mir so.

[XIO]

Antwort auf Beitrag Nr.: 34.561.153 von 123kid am 22.07.08 15:56:01

Ich mach das nicht (mehr), da ich selber i.d.R. auch was dagegen hab, wenn einer meinen Kram anderswo postet, den ich auf meiner Website nur für registrierte User veröffentliche.

[MaatMod]

Sehr geehrter Wallstreet-online Nutzer,
Hallo,

für eine aktuelle Diskussion enthistorisieren wir diesen Thread.

MfG MaatMOD

[maribo]

Antwort auf Beitrag Nr.: 37.009.016 von MaatMod am 21.04.09 13:23:44

Was gibt es denn aktuell zu diskutieren?

[XIO]

Antwort auf Beitrag Nr.: 37.009.533 von maribo am 21.04.09 14:27:19

das hier:



Monday, March 30, 2009
Kopane Diamond Developments takes new partner at Liqhobong
http://www.proactiveinvestors.co.uk/companies/news/4994/kopa…

[XIO]

bissl was nachzuholen:

April 9, 2009
Rumour of the day
http://business.timesonline.co.uk/tol/business/markets/artic…

Kopane Diamond Developments rose 1.88p to 9p on very strong volume amid talk in the City that a mystery bidder who offered 17p for the group last summer may be about to return with a bid above 20p. The diamond group, whose main projects are in Lesotho, recently raised £1.7 million by issuing 50 million shares to Obtala Resources at 3½p.

[XIO]

0.135 British Pound = 0.15070 Euro

[XIO]

glimpflich davon gekommen



tschau

[ArmerThor]

Obtala Res. erhöht seine Anteile weiter ....

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[ArmerThor]

Und wieder News : Mantle Diamonds hält 3,19% der KDD Anteile.


http://www.kopanediamonds.com/s/NewsReleases.asp?ReportID=34…

[XIO]

Traders hear bid talk in mining minnow Kopane
)
http://www.guardian.co.uk/business/marketforceslive/2009/may…

A bit of bid speculation among the minnows, with Kopane Diamond Developments said to be in the frame for a takeover.

The story goes that a Dubai group, Saad Investments, is trying to buy the 28% stake in Kopane held by Obtala Resources for 22p a share, and will then bid for the whole company. Saad already has a 44% stake in Petra Diamonds, and traders believe if it succeeds in buying Kopane, which has a strong presence in Lesotho, it will try and merge the two operations together.

Kopane is currently unchanged at 12.25p, while Petra is down 3.25p at 59.75p.

[ArmerThor]

Antwort auf Beitrag Nr.: 37.129.768 von XIO am 08.05.09 14:50:39

Vielen Dank für die Interessanten News.Wenn zu den 22 Pence für die Übernahme von Obtala noch 40% Premium für die Übernahme von Kopane dazu kommen,ist noch Luft nach oben.
Wir werden sehen!

[ArmerThor]

Obtala stockt weiter auf und hält nun 29,75%
http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[German2]

Antwort auf Beitrag Nr.: 37.132.316 von ArmerThor am 08.05.09 18:14:49

Obtala hält nun denifinitv einen so grossen Anteil an Kopane das sie einen kontrollierenden Einfluss ausüben können.. das Ziel wird eine komplette Übernahme sein und das sicherlich zu höheren Kursen als die jetztigen.. die Marktkapitalisierung ist noch nicht so hoch das Kopane als ausgezeizt bezeichnet werden kann... die Mainpipe hat das Potential eine grössere Mine zu werden und lässt die aktuelle Bewertung immernoch mickrig aussehen. Ich werde weiter halten in der Hoffnung auf Komplettzübernahme zu 20-25 pence pro Aktie... das gäbe zumindest einen Preis der nahe meines Einstandskurses notiert.

[XIO]

Antwort auf Beitrag Nr.: 37.141.227 von German2 am 11.05.09 08:09:30

yo, wir haben echt schwein gehabt, was kpd betrifft
ich hatte ehrlich gesagt schon innerlich abgehakt

[XIO]

Petra Diamonds Stakeholder Eyeing Kopane Merger
http://www.diamonds.net/news/NewsItem.aspx?ArticleID=26320

By Avi Krawitz Posted: 05/10/09 09:26
Submit Comment

RAPAPORT... Saad Investments, the majority shareholder in Petra Diamonds, is said to be bidding for ownership of Kopane Diamond Developments, the London-based Times Online reported. The Saudi-based investment fund is understood to have made a takeover offer of 22 pence a share for the nearly 30 percent of Kopane that is owned by Obtala Resources, after which it will bid for the whole company. Obtala last week raised its stake in Kopane to 29.75 percent, which it has agreed to sell to Saad, the Times said.

Saad owns 44 percent of Petra Diamonds, which operates the famed Cullinan mine and four other diamond mines in South Africa. Saad reportedly wants to merge Petra and Kopane. Such a move would bring the Liqhobong development project, with its reported 30 million carat resource in Lesotho, into the Petra stable.

Production at Liqhobong was suspended in December in response to the financial crisis. It has produced approximately 340,000 carats of diamonds since production commenced at the end of 2005. Kopane shares closed Friday at 13 pence a share on London’s Alternative Investment Market (AIM).

[XIO]

Monday, August 17, 2009
Kopane Diamond Developments moves one step closer to grid power at Liqhobong
http://proactiveinvestors.co.uk/companies/news/7352/kopane-d…

[German2]

was ist heut los? in London fette Umsätze..finde keine News...

[XIO]

aha, alles klar:

Shares in mining tiddler Kopane rose 70% this morning on expectations that it will announce this week it has uncovered diamond deposits worth more than £1.5bn.

http://www.thisismoney.co.uk/markets/article.html?in_article…

[XIO]

Antwort auf Beitrag Nr.: 37.932.140 von XIO am 07.09.09 15:34:22

grosser Tag heute, was denkt ihr Gewinmitnahme angesagt erstmal?

[XIO]

Comment re share price
7 September 2009


Kopane notes today's share price movements following a press report over the
weekend.


As previously announced Kopane commissioned an independent resource statement as
part of a Definitive Feasibility Study. An interim resource statement was
announced on 17 November 2008.


Kopane expects to receive an updated resource statement shortly following which
it will make a further announcement.

[XIO]

[XIO]

Holding in Company by Obtala Resources Plc ("Obtala")


The Company wishes to confirm that Obtala's interest in the Company remains
unchanged following the announcement of their holding on 16 July 2009.


As previously announced, Obtala holds 32,200,000 shares representing 14.66% of
the issued share capital of Kopane indirectly through a financial instrument
held by Speadex Limited. Obtala continues to hold 32,335,000 ordinary shares in
Kopane directly and therefore remains interested in an aggregate of 64,535,000
shares, representing 29.39% of the Company's issued share capital.

[XIO]

0.18 British Pound = 0.20531 Euro

[German2]

so, heut früh ein paar Gewinne mitgenommen.. Restposition läuft weiter ..die neue Schätzung ist schon der Hammer. Kopane wird nun wohl interessant für einen Major .. Übernahme nicht ausgeschlossen

[XIO]

"Finally a newcomer has jostled the top ten tables this week. Kopane Diamond Developments - a growing diamond mining company with substantial production and development assets in Lesotho, Southern Africa, and over one million carats per annum target production - has climbed into ninth position in the buys.

"The company, formerly known as European Diamonds PLC, saw its shares explode on Monday morning - jumping more than 100% after several press reports suggested the company was about to announce a significant resource statement for its ‘Main Pipe' kimberlite in Lesotho. The company has acknowledged the movement in the share price, but no further comment has been made in relation to the speculation. Kopane has instead referred investors to its previous independent Definitive Feasibility Study for the Main Pipe which was detailed on the 17th November 2008. This report noted a 79% improvement in estimated resource tonnage since its previous pre-feasibility report in 2007. Kopane's share price continues to rally as traders anticipate a positive resource statement in the near future."

http://www.easier.com/view/Finance/Investments/Stock_Market/…

[DIE_GERECHTIGKEIT]

Antwort auf Beitrag Nr.: 37.966.091 von XIO am 11.09.09 21:49:26

Moin!

Habe mir mal 50K gegönnt so als "best friend"-Beteiligung



Gruß
Julia

[DIE_GERECHTIGKEIT]

ganz schön hohes Volumen heute in London!

http://www.londonstockexchange.com/exchange/prices-and-news/…

[DIE_GERECHTIGKEIT]

0,16 GBP

THERE IS SOMETHING IN THE BUSH!

sagt der Engländer

[XIO]

Antwort auf Beitrag Nr.: 38.105.224 von DIE_GERECHTIGKEIT am 02.10.09 16:31:28

gaaaaaaaaaaaaaaanz ruuuuuuuuuuuuuuuhig, Brauner

[DIE_GERECHTIGKEIT]

Antwort auf Beitrag Nr.: 38.105.350 von XIO am 02.10.09 16:40:25

was heißt hier Brauner?

+5% bei 2,5 Mio shares, da kann ich leider nicht ruhig bleiben.

Bitte mal ne kleine Interpretation, ich meine, da gehen die 100K order über den Tresen wie die Fish&Chips an der Waterloo-Station..

[XIO]

Antwort auf Beitrag Nr.: 38.105.515 von DIE_GERECHTIGKEIT am 02.10.09 16:55:37

'Ruhig Brauner' stammt ursprünglich aus dem 'Ring des Nibelungen', Richard Wagner: Die Walküre , 1. Akt, 3. Aufzug:
...
Ortlinde: Heiaha! Die Stute stößt mir der Hengst!
Gerhilde: Der Recken Zwist entzweit noch die Rosse!
Helmwige: Ruhig, Brauner! Brich nicht den Frieden!
Quelle(n):
http://www.physcip.uni-stuttgart.de/phy11733/wagner/walkuere…

[XIO]

Antwort auf Beitrag Nr.: 38.105.515 von DIE_GERECHTIGKEIT am 02.10.09 16:55:37

ordentlich, aber DER riesen Geldwert isses nicht heute, im Angesicht des niedrigen Share-Preises

[DIE_GERECHTIGKEIT]

wie geil ist das denn? Ich steig hier ein und ein paar Stunden später explodiert das Ding!

[DIE_GERECHTIGKEIT]

Antwort auf Beitrag Nr.: 38.105.611 von XIO am 02.10.09 17:05:48

GROSSARTIG! Wenn das Ding weiter explodiert, darfst Du mich auch Gerhilde nennen

[German2]

5 October 2009 TRADING UPDATE * 60 day exclusivity agreement signed with a potential investor in the Liqhobong Main Pipe development project * Further work being undertaken to assess full value of Main Pipe grade Kopane Diamond Developments Plc is pleased to announce the following information to its shareholders. Exclusivity Agreement Following discussions regarding potential investment in the Main Pipe project, an Exclusivity Agreement, valid for a period of 60 days, has been signed with an established mining company to allow them to review the project in more detail. They are able to offer the technical, operational and financial capability to take the Liqhobong Main Pipe to full scale production. It is our view that this strategy provides an expeditious route to realising full value for the Company without incurring significant shareholder dilution. At this stage, the Company wishes to state that this may or may not lead to completion. Main Pipe Grade Assessment The Company announced on 10th September 2009 a new resource statement in respect of the Main Pipe showing a total resource of 90.09 million tonnes, which is an increase of 19.1% over the Interim Resource Statement of 2008. The statement showed a gross diamond reserve of 29.7 million carats, at an average grade of 33 cpht, which gives an estimated in situ value of $2.6 billion based on September 2008 bulk sample diamond values. As mentioned in our announcement of 10 September 2009, we are of the opinion that the overall grade estimate of 33 cpht is the lowest estimate in a range of grade results ultimately possible in the Main Pipe due to anomalies arising from the diamond recovery analysis of the LDD samples because of the loss of stones from the large diameter drilling process. Work will commence shortly by WWW International to review grade and valuation and the results of this work will be announced in due course. The Company believes that the 33 cpht grade could be increased, or otherwise there could be an increase in the value per carat above the $86 run of mine valuation. Frank Scolaro Chairman of the company commented today: 'The Company is entering an exciting phase as the underlying value of our world class asset is recognised in the diamond mining community. I am excited with the progress which we are making at Kopane, and am extremely encouraged by the improvements in the diamond market leading to the return to production of many other companies in the industry. I am confident that there is further significant value attributable to Liqhobong, both through the forthcoming grade analysis and the recovery of bonanza stones which are known to occur in the Lesotho pipes. I intend for Kopane shareholders to reap the rewards of this upside. I wish to thank my directors and shareholders for their continued support.' For further information contact: Kopane Diamond Developments Plc Threadneedle Communications Frank Scolaro, Chairman Laurence Read/Beth Harris James Cable, Finance Director [phone] [phone] FinnCap Matthew Robinson/Ed Frisby [phone] e-mail: [e-mail] website: www.kopanediamonds.com Kopane Diamond Developments PLC

[DIE_GERECHTIGKEIT]

Moin!

Das sieht gut aus. Ich habe nur leidern überhaupt keinen Plan, auf welchem Level man hier mal ein paar Gewine mitnehmen sollte.
Was meinen die Experten, auf welchem Level sich der Kurs einpendelt im Falle von weiteren positven News und einem Engagement eines Investors?

Gruß
Julia

[ArmerThor]

Antwort auf Beitrag Nr.: 38.113.002 von German2 am 05.10.09 09:05:04

Die ersten Geier umkreisen das Milliardenschwere Diamanten-Nest!
Mal sehen,wie es sich im Kurs bemerkbar macht ...

[XIO]

October 13, 2009
Kopane Diamonds Now Looks Likely To Restart Mining At The Satelite Project, Although It’s Not Yet Clear When

http://www.minesite.com/nc/minews/singlenews/article/kopane-…

[DIE_GERECHTIGKEIT]

hmmmmmmmm.. in London sind sie zum Ende hin dann noch aufgewacht.
Montag könnte spannend werden

[XIO]

Kopane plans new diamond processing plant for Lesotho project

http://www.miningweekly.com/article/kopane-plans-new-diamond…

[XIO]

Main Pipe Grade Increase
http://www.kopanediamonds.com/s/NewsReleases.asp?ReportID=37…

>>>The Company is pleased to announce an increased resource grade of 34.3 carats per hundred tonnes ("cpht") at its Main Pipe at Liqhobong, Kingdom of Lesotho. This represents an overall increase of 4.1% over the 33 cpht grade announced in the Resource Statement of 10 September 2009. The grade of the indicated resource contained in the upper 180 metres of the pipe has increased from 31 cpht to 32.8 cpht.<<<

>>>The estimated in-situ value of the Main Pipe is increased to $2.7 billion, based on an independent run of mine valuation of $86 per carat in September 2008 of rough diamonds recovered from bulk sampling.<<<

[XIO]

06 January 2010 @ 01:42 pm BST
Next Markets Article

Obtala Resources has reduced its stake in Kopane Diamond Developments but still remains the largest shareholder.

Obtala - which invests in and develops mineral assets in Africa - has sold 6,940,000 shares in Kopane, realising 928,400.

Obtala remains the largest shareholder and fully supportive of Kopane with 45,595,000 shares representing 19.74% of the total shares in issue.

Obtala said the reason for this disposal was to provide additional funding to advance its corporate development plan through making strategic investments and potential acquisitions.

Chairman Frank Scolaro said the decision allows Obtala to continue with its corporate growth plan without the need of raising additional funds from the market and means no further dilution to shareholders.

Story provided by Business Financial Newswire

[XIO]

Antwort auf Beitrag Nr.: 38.522.079 von XIO am 07.12.09 17:07:41

PS:
in diesem Kontext DAS evtl. beachten:

Namakwa Diamonds Granted Mining Lease for Lesotho’s Largest Kimberlite
http://www.israelidiamond.co.il/english/News.aspx?boneId=918…
http://www.diamonds.net/news/NewsItem.aspx?ArticleID=29245

[German2]

January 26, 2010

Trading Update and Development MOU

Kopane Diamond Developments Plc. today announces a trading update and strategic outlook following the recent £5.7m fundraising conducted by the Company. The Company has signed a non-binding MOU with an established mining company to co-develop the Liqhobong kimberlite project in Lesotho. Details of the proposed development partner are currently commercially sensitive but if binding agreements are reached full information will be disclosed to shareholders.

Highlights

* MOU development entered into
* Recommencement of production at Liqhobong:
* Focus on Main Pipe recovery
o High value pipe facets to be targeted
o Main and satellite pipe previously recovered high value fine white and yellow stones
* Capital investment of $64 million for 51% of 75% of Kopane Diamond Development equity in Liqhobong
* Completion of DFS for full Main Pipe production

Investment in Liqhobong

The Company has entered into a non-binding Memorandum of Understanding ("MOU") with an established mining company to develop its Liqhobong assets in Lesotho. It is planned that the parties will proceed to finalise terms of a binding joint venture agreement as soon as practicable.

The principal terms of the MOU are as follows:

* The mining company will fund and operate the recommencement of production at Liqhobong with processing of kimberlite through the Satellite Plant. Mining focus will be on the K5 and K2 facies of the Main Pipe, where we have previously found large and bonanza stones and will seek to recover approximately 200,000 carats over an 18 month period. Revenues generated from sales of diamonds in excess of costs will be shared between the parties.
* Kopane and the mining company will jointly fund the completion of the remaining work on the Definitive Feasibility Study ("DFS") into the Main Pipe.
* Following successful completion of the DFS and recovery of diamonds as noted above, the mining company may exercise an option to acquire 51% of the Company's interest in the Main Pipe in return for raising 80% of the cost of developing Liqhobong to production of in excess of one million carats per annum, such 80% funding being in the form of equity and non-recourse loans at asset level.
* The balance of 20% funding to be provided by Kopane in the form of non-recourse loans at asset level.
* Subject to confirmation of plant design identified in the DFS, the mining company estimates that the cost of constructing new plant will be approximately $80 million.

The financial commitment and operating ability of the mining company will considerably remove risk factors in bringing Liqhobong into major production. Under the MOU, funding for the project is substantially secured and operating risks reduced. On the basis of the $80 million capital cost as noted above, the mining company would provide $64 million for a 51% of the Company's interest in Liqhobong, which is currently 75% of the project, the other 25% being owned by the Government of Lesotho.

As indicated in the trading update on 15 December 2009, the Company believes the outlook for 2010 to be very positive. The market price for rough diamonds has substantially recovered from falls in late 2008 and early 2009 and progress is being made towards the funding and commencement of construction of a power line to connect Liqhobong to the Lesotho electricity grid by mid 2011.

Frank Scolaro, Chairman of Kopane said today "The signing of the MOU with the mining company is a significant step in the development of our Liqhobong assets. Our MOU partner proposes to fund 80% of the cost of new plant and the recommencement of production, which substantially reduces risks of funding and implementation, and avoids dilution for Kopane's shareholders. Our company has a healthy cash balance with low costs and no debt. I look forward to progressing Kopane into a major diamond producing company."

About Kopane

Kopane Diamond Developments Plc ("Kopane") is a diamond producer, developer and explorer with core projects at Liqhobong in Lesotho, Southern Africa. The Liqhobong operations are operated by Liqhobong Mining Development Company ("LMDC") which is 75% owned by Kopane and 25% by the Government of Lesotho ("GoL").

LMDC has to date produced over 350,000 carats of diamonds since operations commenced at the end of 2005. The principal development project is the Main Pipe which has the potential to produce at a rate of one million carats per annum.

Kopane Diamond Developments Plc
Frank Scolaro, Chairman
James Cable, Finance Director
[phone]

FinnCap
Matthew Robinson/Ed Frisby, Corporate Finance
Stephen Norcross, Corporate Broking
[phone]

e-mail:[e-mail]
website: www.kopanediamonds.com


Threadneedle Communications
Laurence Read/Beth Harris
[phone]

[XIO]

KOPANE DIAMOND DEVELOPMENTS Plc
10 February 2010

TALKS REGARDING POSSIBLE OFFER FOR THE COMPANY

The Board of Directors of Kopane announces that it is in discussions which may or may not lead to an offer being made for the entire issued and to be issued share capital of Kopane.

The discussions are at a preliminary stage and there can be no certainty that an offer will be made for Kopane or as to the terms on which any offer would be made.

In these circumstances the discussions, regarding the co-development of the Company's Liqhobong kimberlite asset, pursuant to the non-binding MOU announced on 26 January 2010, are being put on hold.


A further announcement will be made if and when appropriate.

[XIO]

[maribo]

Antwort auf Beitrag Nr.: 38.921.460 von XIO am 10.02.10 20:38:18

Hier mit Volumenanzeige!

[Hans T.]

wie gehts weiter ?

[XIO]

July 28, 2010
The Combination Of Firestone Diamonds And Kopane Will Create A Third Force In Junior Diamond Production, After Gem And Petra
http://www.minesite.com/nc/minews/singlenews/article/diary-o…