BRC has pulled together the skills and research of numerous impressively credentialled international scientists, pooling their expertise into proprietary analytical software that comprises the company s core asset. Although the company believes potential demand to be large, there is no guiding precedent. According to the prospectus, the extent of demand is unknown . The 20 million shares, 34.7 per cent of the issued equity, go on sale 6 June. Daytona Energy Corporation by Roger Hogan Daytona, based in British Columbia and listed on the Canadian Stock Exchange, has been registered as a foreign business in Australia since 1998.
Few events have greater impact on sharemarkets than a significant gold or diamond discovery.
A scarcity of such significant discoveries in Australia over the past 10 years or so has prompted Flinders Diamonds to go public on the scent of a new discovery. The IPO s acreage includes Australia s first-known kimberlite province the southern Finders Ranges of South Australia as well as a swag of exploration licences around Echunga in the Adelaide Hills of South Australia, where the country s first significant diamond find was made in the late 1850s. Flinders plans an exploration drilling program in South Australia and Western Australia as well as the Northern Territory. These tenements include six diamond locations where 367 diamonds have been found to date. Its 90 indicator mineral anomalies include the highly prospective Eurelia target containing SA s only diamondiferous kimberlites.